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UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549

FORM 10-K

(Mark One)

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

For the fiscal year ended August 31, 2008

or

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

For the transition period from ________________
to________________

Commission file number 333-153868

TECHNOLOGY PUBLISHING, INC.(Exact name of registrant as specified in its charter)

|Nevada                                                               | N/A                                 
|-------------------------------------------------------------------- | ------------------------------------
|(State or other jurisdiction of incorporation or
      organization) | (I.R.S. Employer Identification No.)
|                                                                     |                                     
|10 Van Stassen Blvd.                                                 |                                     
|Toronto, Ontario, Canada                                             | M6S 2N3                             
|(Address of principal executive offices)                             | (Zip Code)                          

Registrants telephone number, including area code (416)
767-2495

Securities registered pursuant to Section 12(b) of the Act:

|Title of each class | Name of each exchange on which registered
|------------------- | -----------------------------------------
|None                | N/A                                      

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

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

Indicate by check mark if the registrant is a well-known
seasoned issuer, as defined in Rule 405 of the Securities Act. Yes [ 
 ]    No [X]

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

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Indicate by check mark whether the registrant (1) has filed all
reports required to be filed by Section 13 or 15(d) of the Securities
Exchange Act of 1934 during the preceding 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 [ ] No [X]

Indicate by check mark if disclosure of
  delinquent filers pursuant to Item 405 of Regulation S-K (§ 229.405 of this
  
  chapter) is not contained herein, and will not be contained, to the best of
  registrants knowledge, in definitive proxy or 
  information statements
  incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K. [X]

Indicate by check mark whether the registrant is a large
  accelerated filer, an accelerated filer, a non-accelerated filer, 
  or a
  smaller reporting company. See the definitions of large accelerated filer,
  accelerated filer and smaller 
  reporting company in Rule 12b-2 of the
  Exchange Act

|Large accelerated filer [   ] |                                                     | Accelerated
      filer                    
      [   ]
|----------------------------- | --------------------------------------------------- | -------------------------------------------------------
|Non-accelerated filer   [   ] | (Do not check if a smaller
      reporting company) | Smaller reporting company  
  [X]                      

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

State the aggregate market value of the voting and non-voting
common equity held by non-affiliates computed by reference to the price at
which the common equity was last sold, or the average bid and asked price of
such common equity, as of the last business day of the registrants most
recently completed second fiscal quarter: $26,050 (computed by reference
to the last sale price of $0.01 per share on July 25, 2007).

APPLICABLE ONLY TO REGISTRANTS INVOLVED IN BANKRUPTCY
PROCEEDINGS DURING THE PAST FIVE YEARS:

Indicate by check mark whether the registrant has filed all
documents and reports required to be filed by Section 12, 13 or 15(d) of the
Securities Exchange Act of 1934 subsequent to the distribution of securities
under a plan confirmed by a court. Yes [   ]   
No [   ] N/A

(APPLICABLE ONLY TO CORPORATE REGISTRANTS)

Indicate the number of shares outstanding of each of the
registrants classes of common stock, as of the latest practicable date.
10,205,000 shares of common stock as of December 1, 2008.

DOCUMENTS INCORPORATED BY REFERENCE

List hereunder the following documents if incorporated by
reference and the Part of the Form 10-K (e.g., Part I, Part II, etc.) into
which the document is incorporated: (1) Any annual report to security holders;
(2) Any proxy or information statement; and (3) Any prospectus filed
pursuant to Rule 424(b) or (c) of the Securities Act of 1933. The listed
documents should be clearly described for identification purposes (e.g., annual
report to security holders for fiscal year ended December 24, 1980). Not
Applicable

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ANNUAL REPORT ON FORM 10-K FOR THE YEAR ENDED AUGUST 31,
2008

TABLE OF CONTENTS

|                                                                                                                                  | Page
|--------------------------------------------------------------------------------------------------------------------------------- | ----
|PART
      I                                                                                                                      | 1   
|ITEM
      1. BUSINESS.                                                                                                           | 1   
|ITEM
      1A. RISK FACTORS.                                                                                                      | 4   
|ITEM
      1B. UNRESOLVED STAFF COMMENTS.                                                                                         | 10  
|ITEM
      2. PROPERTIES.                                                                                                         | 10  
|ITEM
      3. LEGAL PROCEEDINGS.                                                                                                  | 10  
|ITEM
      4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.                                                                | 10  
|PART
      II                                                                                                                     | 11  
|ITEM
      5. MARKET FOR REGISTRANTS COMMON EQUITY, RELATED STOCKHOLDER
      MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES. | 11  
|ITEM
      6. SELECTED FINANCIAL DATA.                                                                                            | 11  
|ITEM
      7. MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
      AND RESULTS OF OPERATIONS.                        | 11  
|ITEM
      7A. QUANTITATIVE AND QUALITATIVE DISCLOSURE ABOUT MARKET RISKS.                                                        | 16  
|ITEM
      8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.                                                                        | 17  
|ITEM
      9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING
      AND FINANCIAL DISCLOSURE.                         | 18  
|ITEM
      9(T). CONTROLS AND PROCEDURES.                                                                                         | 18  
|ITEM
      9B. OTHER INFORMATION.                                                                                                 | 18  
|PART
      III                                                                                                                    | 19  
|ITEM
      10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE.                                                            | 19  
|ITEM
      11. EXECUTIVE COMPENSATION.                                                                                            | 21  
|ITEM
      12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
      AND RELATED STOCKHOLDER MATTERS.              | 22  
|ITEM
      13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND
      DIRECTOR INDEPENDENCE.                                   | 22  
|ITEM
      14. PRINCIPAL ACCOUNTANT FEES AND SERVICES.                                                                            | 23  
|ITEM
      15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES.                                                                           | 25  
|SIGNATURES                                                                                                                        | 26  

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PART I

FORWARD-LOOKING STATEMENTS.

This
annual report contains forward-looking statements. Forward-looking statements
are projections in respect of future events or our future financial performance.
In some cases, you can identify forward-looking statements by terminology such
as may, should, intend, expect, plan, anticipate, believe,
estimate, predict, potential, or continue or the negative of these terms
or other comparable terminology. These statements are only predictions and
involve known and unknown risks, uncertainties and other factors, including the
risks in Item 1A Risk Factors commencing on page 4 of this report, which may
cause our or our industry's actual results, levels of activity or performance to
be materially different from any future results, levels of activity or
performance expressed or implied by these forward-looking statements.

Although
we believe that the expectations reflected in the forward-looking statements are
reasonable, we cannot guarantee future results, levels of activity or
performance. Except as required by applicable law, including the securities laws
of the United States, we do not intend to update any of the forward-looking
statements to conform these statements to actual results.

As used
in this annual report, the terms we, us and our mean Technology
Publishing, Inc. and/or Westside Publishing Ltd., as the case may be. All dollar
amounts refer to United States dollars unless otherwise indicated.

ITEM 1. BUSINESS.

Corporate History

We were
incorporated in the State of Nevada on March 19, 2007. On June 1, 2007, we
entered into a share purchase agreement with Slawek Kajko, our president,
secretary, treasurer and a director of our company, whereby we acquired all of
the issued and outstanding shares of Westside Publishing Ltd. in consideration
for the issuance of a promissory note in the amount of $28,047. Westside
Publishing Ltd. became our wholly-owned subsidiary and we commenced the business
of publishing and selling advertising for a consumer electronics magazine
entitled Canada HiFi. In addition to this, we also provide graphic design
services.

Our
wholly-owned subsidiary, Westside Publishing Ltd., was incorporated in the
Province of Ontario, Canada on September 19, 2003.

Our Business

Through
our subsidiary, Westside Publishing Ltd., we publish and sell advertising for a
consumer electronics magazine entitled Canada HiFi. In addition to this, we also
provide graphic design services.

Our
publication was initially launched under the name Toronto HiFi in September 2003
by our president, Slawek Kajko. Toronto HiFi was a free magazine, published six
times a year, with a print circulation of 10,000 per issue. It was distributed
at approximately 80 audio video and computer stores in the Greater Toronto area.
In October 2005, the publication was completely redesigned and renamed to Canada
HiFi.

Currently, Canada HiFi is a free publication with a target audience ranging from
the casual audio video consumer to a true enthusiast, between the ages of 16 and
55. Canada HiFi is published six times a year with a national print circulation
of 25,000 per issue. It is currently available in Ontario and Quebec, Canada and
in limited quantities in British Columbia, Alberta and Saskatchewan, Canada. The
magazine is distributed in over 260 audio video stores as well as select
computer stores. Our website, www.canadahifi.com, attracts both regular readers
of the print version of Canada HiFi and readers unable to pick up print copies
of the magazine. Visitors can access feature articles, how-to articles, buyer
guides and reviews online archived from all past print issues as well as preview
articles from the current print issue. For readers interested in getting the
latest information, our home page contains

-1-

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daily updated audio video news and product announcements from
around the world. The home page also incorporates a blog which allows members of
canadahifi.com to share their comments with other members and visitors.

In addition
  to publishing the Canada HiFi magazine, we also provide graphic design services.
  We design the layout of an annual publication entitled Are We There Yet?
  for Attractions Ontario, an Ontario tourism promotion company, as well as advertisements
  for clients who advertise in our publication.

Current and Anticipated Sources of Revenue

We
currently have three sources of revenue. Our main source of revenue comes from
the sales of advertising space for the print edition of the Canada HiFi
publication, which accounts for approximately 92% of the total revenue. Sales of
advertising space on our website www.canadahifi.com account for approximately 6%
of the total revenue. Our graphic design services represent the remaining 2% of
revenue.

In the
first quarter of 2009, we expect to introduce and market video reviews of audio
and video products on our website, www.canadahifi.com. This should create
another source of revenue for our company and attract clients that currently do
not advertise in our print publication. We hope that in the longer term, this
will also allow us to attract more clients to advertise in our print
publication. Initially, we plan to charge $500 per video review and sell video
reviews in packages of four. Later in 2009, we plan to increase the price for
video reviews to $700 each.

Our
latest December/January 2008/2009 issue of Canada HiFi was 40 pages in size: 10
of these pages contained paid advertisements and the remaining 30 contained
unpaid advertisements and editorial content. Our plan is to increase the number
of paid advertisements to 20 by the second quarter of 2009. We also plan to
increase our advertising rates by approximately $100 for a color full-page ad
starting in January 2009 to offset rising distribution and printing costs.

We are
currently in the process of developing a plan to build two reference studio
rooms for the purpose of testing and analyzing audio and video components for
our publication. One room is intended to be used for reviewing two-channel music
components and the other room is intended to be used for reviewing multi-channel
music systems and home theatre components. We hope to have these new rooms
operational by the third quarter of 2009.

By the
fourth quarter of 2009, we plan to increase the circulation of Canada HiFi and
add approximately 50 to 80 new stores in Vancouver, British Columbia, Canada to
our distribution network. Within three years, we plan to double the current
circulation to 50,000 copies and add another 100 to 120 new distribution stores
in Calgary, Edmonton, Victoria, Saskatoon, Regina, Winnipeg, London, Hamilton,
Kingston and Ottawa, Canada.

In early
2007, we introduced a news blog on www.canadahifi.com which has been driving
increasing numbers of unique visitors to our website monthly. By the end of
2007, the number of unique monthly visitors nearly tripled on our website.
Before the end of 2008, we expect to add a classifieds section, where readers
can post free online classifieds related to audio and video components. In early
2009, we also plan to introduce a forum on our website that will allow readers
to interact with each other and the contributors of Canada HiFi. All these
additions and enhancements should increase the number of unique visitors and
allow us to increase the advertising rates on the website.

We also
plan to launch an online store on our website in the second half of 2009. At
launch time, visitors of our website would be able to purchase various audio and
video accessories such as cables, connectors, power conditioning products and
music CDs. Throughout 2009, we plan to gradually sell a variety of audio and
video components through our online store including TVs, speakers, A/V
receivers, amplifiers and CD/DVD/high-definition players. By the end of 2010, we
expect the online sales to generate between 30 and 40 percent of our total
revenue. Our online store would compete with some of the other online stores
including www.avdeals.com, www.partsconnexion.com and www.audiyo.com.

-2-

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Since
2006, we have also been designing the layout for an annual magazine entitled
Are We There Yet? for Attractions Ontario, an Ontario tourism promotion
company. Are We There Yet? is a school trip planner magazine, with a
circulation of 20,000, published annually and distributed to elementary and high
school teachers. We hope to increase the revenue generated by our graphic design
services by designing other smaller publications in the next 12 to 24 months.

Marketing

Most of
the marketing for our company is achieved by contacting potential clients by
phone and email. Our publication, Canada HiFi, is also an effective marketing
vehicle in itself since it is picked up or sent directly to potential industry
advertisers. Some of our new clients also come from referrals from existing
clients as well as our website. Once a year, we set up a booth to promote our
publication at Festival Son et Image, the Canadian audio video consumer and
industry show. During the next year, we plan to attend two audio video shows in
the United States to promote our publication; CEDIA, the industry audio video
show in the North America and CES, the consumer electronics show in North
America. In the next 2 years, we also hope to set up a booth at the CEDIA show
to promote our publication.

Our
website currently relies on free internet search engines and listings on various
website directories for the majority of traffic. A significant portion of our
traffic also comes from manufacturer and distributor websites that have posted
links to our reviews of their products. More recently, users from various audio
video related forums have been sending a substantial amount of traffic to our
website.

Starting
in January of 2009, we plan to begin a barter advertising campaign in
Stereophile, the largest US audiophile magazine with a circulation of over
100,000 per issue, and distributed worldwide. A quarter-page advertisement
promoting our website is planned to be featured in the Stereophile magazine that
should result in sending more traffic to our website. In exchange, a full-page
ad promoting Stereophile is planned to be featured in each issue of Canada HiFi.
Web advertising on Stereophiless website, www.stereophile.com, is also planned
to be a part of this campaign. 750,000 impressions of the CanadaHiFi ad (linking
to our website) is planned to run on www.stereophile.com every month, beginning
in March of 2009. We expect that roughly 5%, or 37,500 clicks, of the
impressions will result in new visitors to our website. In exchange, a web
advertisement for Stereophile is expected to be featured on the home page of our
website www.canadahifi.com.

Competition

Our
publication, Canada HiFi, is unique to the Canadian and US markets and hence we
are not in direct competition with other publications. Factors that make our
publication distinct from other publications about audio video include our
distribution, content and the fact that our publication is available free of
charge to consumers.

However,
there are a number of publications that are indirect competitors to our
publication, including Heres How, UHF Magazine, Quebec Audio Video and Son
& Image. Unlike Canada HiFi, which is available for free at over 250 audio
video (and related) stores, all these other publications are available for
purchase only, at a much smaller number of bookstores and newsstands. The
content and the audience of each of these publications is also different from
our publication: Heres How has much less focus than Canada HiFi, covering all
consumer electronics but in little detail; Inner Ear is geared towards a small
group of audiophiles who purchase very expensive, high-end audio products only;
both Quebec Audio Video and Son & Image are targeted towards the
French-Canadian audience since they are written exclusively in the French
language. In contrast to all of these publications, Canada HiFi focuses on
entry-level to high-end audio and video products and is published in English.

Competition Pricing Comparison

The
following table illustrates pricing comparisons for publications that currently
compete with Canada HiFi. The information in this table comes from the
advertising rate cards of the other publications and is current as of August 1,
2008.

-3-

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Publication Name
      Print Circulation
      Full Page Ad PricingHeres How
    100,000
    $13,200UHF Magazine
    15,000
    $2,025Quebec Audio Video
    10,000
    $2,000Son&Image
    10,000
    $1,875


Technology

Our
website is hosted by DS1 Design, in Aurora, Ontario, Canada. DS1 Design provides
all website, email and database hosting services required by our company. The
hosting services cost approximately $250 per year. Programming and updates to
our website are performed by a freelance programmer, as required.

Employees

We have
a total of two employees, one of whom is a full time employee. Our president,
secretary, treasurer and director, Slawek Kajko, and our vice president and
director, Edward Dere, are the only employees of our company. Slawek Kajko
handles all of the responsibilities of corporate administration, business
development, sales and publication production. Mr. Kajko currently spends
approximately 60 hours per week providing services to our company, which
represents all of his working time. Edward Dere provides consulting and business
development for our company. Edward Deres financial background skills provide
our company with a financial forecast and guidance on achieving our financial
goals. His customer service skills experience makes him an asset to our company.
Mr. Dere currently spends approximately 20 to 30 hours per week proving services
to our company, which represents approximately 40% of his working hours as he
also works as a freelance consultant in the hospitality and service industry.

Intellectual Property

The
promotional issue of Toronto HiFi was designed and published in Toronto,
Ontario, Canada in September 2003 by our president, Slawek Kajko, who
subsequently caused Westside Publishing Ltd. to be incorporated. In November
2005, our publication was redesigned and re-launched as Canada HiFi in the
provinces of Ontario and Quebec, Canada.

We own
the domain names www.canadahifi.com and www.torontohifi.com. The rights to our
publication, Canada HiFi, and our website is held by our company.

We are
  not aware that our services or proprietary rights infringe the proprietary rights
  of third parties. However, from time to time, we may receive notices from third
  parties asserting that we have infringed their trademarks, copyrights or other
  intellectual property rights. In addition, we may initiate claims or litigation
  against third parties for infringement of our proprietary rights or to establish
  the validity of our proprietary rights. Any such claims could be time-consuming,
  result in costly litigation, cause service stoppages or lead us to enter into
  royalty or licensing agreements rather than disputing the merits of such claims.
  An adverse outcome in litigation or similar proceedings could subject us to
  significant liabilities to third parties, require expenditure of significant
  resources to develop non-infringing technology, require disputed rights to be
  licensed from others, or require us to cease the marketing or use of our website,
  any of which could have a material adverse effect on our business, operating
  results and financial condition.

Sources and Availability of Raw Materials

Freelance writers provide the contents for our publication and the paper for our
publication is provided by the printing company which is managed by our printing
broker.

ITEM 1A. RISK FACTORS.

In
addition to other information in this annual report, the following risk factors
should be carefully considered in evaluating our business because such factors
may have a significant impact on our business, operating

-4-

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results, liquidity and financial condition. As a result of the
risk factors set forth below, actual results could differ materially from those
projected in any forward-looking statements. Additional risks and uncertainties
not presently known to us, or that we currently consider to be immaterial, may
also impact our business, operating results, liquidity and financial condition.
If any such risks occur, our business, operating results, liquidity and
financial condition could be materially affected in an adverse manner. Under
such circumstances, the trading price of our securities could decline, and you
may lose all or part of your investment.

Risks Related to Our Business

We have had minimal revenues from operations and, if we are
not able to obtain further financing, we may be forced to scale back or cease
operations or our business operations may fail.

To date,
we have not generated significant revenues from our operations and we have been
dependent on sales of our equity securities and advances from directors to meet
the majority of our cash requirements. From the date of inception of our wholly
owned subsidiary, Westside Publishing Ltd., on September 19, 2003 to August 31,
2008, we have generated $236,399 in revenue primarily from the sale of
advertising. As at August 31, 2008, we had cash of $75,504 and working capital
of $29,405. We expect to generate a moderate positive cash flow from operations
in the next twelve month period. We estimate that we will require between
$250,000 and $300,000 to carry out our business plan for the next twelve month
period. We will, in all likelihood, continue to incur operating expenses without
significant revenues until our sales from advertising increase. Because we have
not generated significant revenues and has an accumulated deficit since
inception, our independent auditors report for the year ended August 31, 2008
states that these factors raise substantial doubt about our ability to continue
as a going concern. Note 1 to our financial statements for the year ended August
31, 2008 describes the circumstances that led to this disclosure by our
independent auditors.

Because
we cannot anticipate when we will be able to generate significant revenues from
advertising, we will need to raise additional funds to develop our business
plan, respond to competitive pressures and respond to unanticipated requirements
or expenses. If we are not able to generate significant revenues from the sale
of our advertising, we will not be able to maintain our operations or achieve a
profitable level of operations. We will not be able to expand our operations
beyond current levels without generating significant revenues from our current
operations or obtaining further financing. We cannot assure that we will be able
to generate enough interest in our products to ever become profitable. If we are
unable to establish and generate significant revenues, or obtain adequate future
financing, our business will fail and you may lose some or all of your
investment in our common stock.

The fact that we have not generated significant revenues
since our inception raises substantial doubt about our ability to continue as a
going concern, as indicated in our independent auditors report in connection
with our audited financial statements.

We have
not generated significant revenues since the inception of our wholly owned
subsidiary, Westside Publishing Ltd., on September 19, 2003. Since we have not
generated significant revenues since inception and are unlikely to pay dividends
or generate significant earnings in the immediate or foreseeable future, our
independent auditors report includes an explanatory paragraph about our ability
to continue as a going concern. We will, in all likelihood, continue to incur
operating expenses without significant revenues until our products gain
significant popularity. On July 25, 2007, we raised $26,050 through the sale of
shares of our common stock with the balance of our financing requirements coming
from our directors. Management projects that we may require an additional
$250,000 to $300,000 to fund our operating expenditures for the next twelve
month period. We will not be able to expand our operations beyond current levels
without generating significant revenues from our current operations or obtaining
further financing. Our primary source of funds has been the sale of our common
stock and advances from Slawek Kajko, our president and director. We cannot
assure that we will be able to generate enough interest in our products. If we
cannot attract a successful distribution network, we will not be able to
generate any significant revenues or income. In addition, if we are unable to
establish and generate significant revenues, or obtain adequate future
financing, our business will fail and you may lose some or all of your
investment in our common stock.

-5-

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If we are unable to obtain financing in the amounts and on
terms and dates acceptable to us, we may not be able to expand or continue our
operations and development and so may be forced to scale back or cease
operations or discontinue our business. You could lose your entire investment.

We do
not currently have any arrangements for financing and we can provide no
assurance to investors we will be able to find such financing when such
financing is required. Obtaining additional financing would be subject to a
number of factors, including investor acceptance of our product selection and
our business model. Furthermore, there is no assurance that we will not incur
further debt in the future, that we will have sufficient funds to repay our
future indebtedness, or that we will not default on our future debts, thereby
jeopardizing our business viability. Finally, we may not be able to borrow or
raise additional capital in the future to meet our needs or to otherwise provide
the capital necessary to maintain our operations, which might result in the loss
of some or all of your investment in our common stock.

We
anticipate that the funds that were raised from private placements by way of
subscription agreements and funds advanced from Slawek Kajko, our president and
director, will not be sufficient to satisfy our cash requirements for the next
twelve month period. Also, there is no assurance that actual cash requirements
will not exceed our estimates. In particular, additional capital may be required
in the event that:

| | 1. | we incur any significant unanticipated
expenses;                                                  
| | -- | --------------------------------------------------------------------------------------------------
| |    |                                                                                                   
| | 2. | the price of paper and/or printing increases
      significantly;                                 
| |    |                                                                                                   
| | 3. | the price of gasoline continues to increase, driving up
      the prices of delivery and shipping.

The
occurrence of any of the aforementioned events could prevent us from pursuing
our business plan, expanding our business operations and ultimately achieving a
profitable level of operations.

We
depend almost exclusively on outside capital to pay for the continued
development of our business and the marketing of our products. Such outside
capital may include the sale of additional stock, stockholder and director
advances and/or commercial borrowing. There can be no assurance that capital
will continue to be available if necessary to meet these continuing development
costs or, if the capital is available, that it will be on terms acceptable to
us. The issuance of additional equity securities by us will result in a
significant dilution in the equity interests of our current stockholders.
Obtaining commercial loans, assuming those loans would be available, will
increase our liabilities and future cash commitments. If we are unable to obtain
financing in the amounts and on terms deemed acceptable to us, we may not be
able to expand or continue our sales of advertising and so may be forced to
scale back or cease operations or discontinue our business and you could lose
your entire investment.

Because we have not established Canada HiFi brand name, and
our publication and name have little, if any, name recognization, we may be
prevented from generating revenues which will reduce the value of your
investment.

We have
not established Canada HiFi brand name. Consumers may pursue publications other
than ours that have brand recognization in the market, and as a result we may be
unable to generate sufficient revenues to meet our expenses or meet our business
plan objectives, which will reduce the value of your investment.

If we are unable to successfully compete within consumer
electronics magazine publication industry, we may not be able to achieve
profitable operations.

We face
substantial competition in the industry. Due to our small size, we can assume
that many of our competitors have significantly greater financial, technical,
marketing and other competitive resources. Accordingly, these competitors may
have established better brand-recognition with consumers than we have done. We
cannot assure you that our publication will outperform competing publications or
those competitors will not develop new publications that exceed what we provide.
Increased competition could result in lower than projected revenues, price
reductions and lower profit margins. In addition, our competitors may develop
competing publications that achieve greater market acceptance. It is also
possible that new competitors may emerge and acquire significant market share.
The advent of new technologies and industry practices, such as the provision of
more and more free magazine content on Internet sites, may continue to result in
decreased advertising revenue. Our inability to achieve revenue due to
competition will have an adverse effect on our business, financial condition and
results of operations.

-6-

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Because our business model relies on establishing a strong
reader base, failure to do so may result in a material adverse effect.

Our
growth is dependent upon our ability to establish a strong reader base, which
will be distributed physical copies of each issue of our magazine via standard
mail. We anticipate that a relatively large and diverse reader base will be a
key component in attracting advertisers, which is our main anticipated source of
revenue. There is no guarantee that we will be able to establish a reader base
of sufficient size and maintain advertising revenue. If we cannot do both within
a reasonable time period, our business may fail. Our business model relies on
maintaining a strong reader base, which will lead to advertising revenue. In
order to successfully maintain a reader base, we must be able to gauge trends
among our readership and respond to consumer preferences. If we fail to maintain
a strong reader base, we may be forced to cease business operations, in which
case investors might lose all of their investment.

Because paper and printing costs fluctuate, and increases in
labor costs are unpredictable, such changes could occur and adversely affect our
financial results.

Paper,
ink, and supplements are major components of our printing costs. Historically,
paper and, therefore, printing prices have fluctuated substantially.
Accordingly, our earnings are sensitive to changes in paper and printing prices.
We have no long-term supply contracts and we have not attempted to hedge
fluctuations in the normal purchases of paper or printing or enter into
contracts with embedded derivatives for the purchase of paper. If the price of
paper increases materially, our operating results could be adversely affected.
In addition, substantial increases in labor costs could also affect our
operating results.

If we are unable to successfully manage growth, our
operations could be adversely affected, and our business may fail.

Our
progress is expected to require the full utilization of our management,
financial and other resources, which to date has occurred with limited working
capital. Our ability to manage growth effectively will depend on our ability to
improve and expand operations, including our financial and management
information systems, and to recruit, train and manage sales personnel. There can
be no assurance that management will be able to manage growth effectively.

If general economic trends degrade, trends in advertising
spending may fall and reduce our circulation and advertising revenue, which
would have a materially negative impact on our business.

Our
advertising and circulation revenues are subject to the risks arising from
adverse changes in Canadian and global market conditions (i.e., increases in gas
prices and interest rates) and possible shifting of advertising spending among
advertisers. Any adverse impact of economic conditions on us is difficult to
predict but it may result in reductions in circulation and advertising
revenue.

Our
circulation impacts our revenue in that advertisers are willing to pay more to
place ads in a publication that has a larger number of readers who have
requested to be placed on a circulation list. Our circulation is affected by:
competition from other publications and other forms of media available in our
various markets; changing consumer lifestyles resulting in decreasing amounts of
free time; declining frequency of regular magazine reading among young people;
and increasing costs of circulation acquisition.

All of our assets and all of our directors and officers are
outside the United States, with the result that it may be difficult for
investors to enforce within the United States any judgments obtained against our
company or any of our directors or officers.

All of
our assets are located outside the United States and we do not currently
maintain a permanent place of business within the United States. In addition,
all of our directors and officers are nationals and/or residents of countries
other than the United States, and all or a substantial portion of such persons
assets are located outside the United States. As a result, it may be difficult
for investors to enforce within the United States any judgments obtained against
our company or our officers and directors, including judgments predicated upon
the civil liability provisions of the securities laws of the United States or
any state thereof. Consequently, you may be effectively prevented from pursuing
remedies under United States federal and state securities laws against our
company or our officers and directors.

-7-

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Because our directors and officers control a large
percentage of our common stock, such insiders have the ability to influence
matters affecting our stockholders.

Our
directors and officers, in the aggregate, beneficially own approximately 75% of
the issued and outstanding shares of our common stock. As a result, they have
the ability to influence matters affecting our stockholders, including the
election of our directors, the acquisition or disposition of our assets, and the
future issuance of our shares. Because our officers and directors control such
shares, investors will find it difficult to replace our management if they
disagree with the way our business is being operated. Because the influence by
these insiders could result in management making decisions that are in the best
interest of those insiders and not in the best interest of the investors, you
may lose some or all of the value of your investment in our common stock.

Because we do not have sufficient insurance to cover our
business losses, we might have uninsured losses, increasing the possibility that
you may lose your investment.

We may
incur uninsured liabilities and losses as a result of the conduct of our
business. We do not currently maintain any comprehensive liability or property
insurance. Even if we obtain such insurance in the future, we may not carry
sufficient insurance coverage to satisfy potential claims. We do not carry any
business interruption insurance. Should uninsured losses occur, you may lose
some or all of the value of your investment in our common stock.

Risks Associated with Our Common Stock

There is no active trading market for our common stock and
if a market for our common stock does not develop, our investors will be unable
to sell their shares.

There is
currently no active trading market for our common stock and such a market may
not develop or be sustained. We currently plan to have our common stock quoted
on the OTC Bulletin Board. In order to do this, a market maker must file a Form
15c-211 to allow the market maker to make a market in shares of our common
stock. However, we cannot provide our investors with any assurance that our
common stock will be traded on the OTC Bulletin Board or, if traded, that a
public market will materialize. Further, the OTC Bulletin Board is not a listing
service or exchange, but is instead a dealer quotation service for subscribing
members. If our common stock is not quoted on the OTC Bulletin Board or if a
public market for our common stock does not develop, then investors may not be
able to resell the shares of our common stock that they have purchased and may
lose all of their investment. If we establish a trading market for our common
stock, the market price of our common stock may be significantly affected by
factors such as actual or anticipated fluctuations in our operation results,
general market conditions and other factors. In addition, the stock market has
from time to time experienced significant price and volume fluctuations that
have particularly affected the market prices for the shares of development stage
companies, which may affect the market price of our common stock in a material
adverse manner.

We do not intend to pay dividends on any investment in our
common stock.

We do
not currently anticipate declaring and paying dividends to our stockholders in
the near future. It is our current intention to apply net earnings, if any, in
the foreseeable future to increasing our working capital. We currently have no
material revenues and a history of losses, so there can be no assurance that we
will ever have sufficient earnings to declare and pay dividends to the holders
of shares of our common stock, and in any event, a decision to declare and pay
dividends is at the sole discretion of our board of directors, which currently
do not intend to pay any dividends on shares of our common stock for the
foreseeable future. To the extent that we require additional financing currently
not provided for in our financing plan, our financing sources may prohibit the
payment of a dividend. Because we do not intend to declare dividends, any gain
on an investment in our common stock will need to come through an increase in
the stocks price. This may never happen and investors may lose all of their
investment in our common stock.

-8-

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Since our common stock has never been traded and, if a
market ever develops for our common stock, the price of our common stock is
likely to be highly volatile and may decline. If this happens, our stockholders
may have difficulty selling their shares and may not be able to sell their
shares at all.

There is
no public market for our common stock and we cannot assure you that a market
will develop or that any stockholder will be able to liquidate his or her
investment without considerable delay, if at all. A trading market may not
develop in the future, and if one does develop, it may not be sustained. If an
active trading market does develop, the market price of our common stock is
likely to be highly volatile. The market price of our common stock may also
fluctuate significantly in response to the following factors, most of which are
beyond our control:

- variations in our quarterly operating results;
- changes in market valuations of similar companies;
- announcements by us or our competitors of significant new products; and
- the loss of key management.

The
equity markets have, on occasion, experienced significant price and volume
fluctuations that have affected the market prices for many companies securities
and that have often been unrelated to the operating performance of these
companies. Any such fluctuations may adversely affect the market price of our
common stock, regardless of our actual operating performance. As a result,
stockholders may be unable to sell their shares, or may be forced to sell them
at a loss.

Because we can issue additional shares of our common stock,
our stockholders may incur immediate dilution and may experience further
dilution.

We are
authorized to issue up to 75,000,000 shares of common stock. As of December 1,
2008, there were 10,205,000 shares of our common stock issued and outstanding.
Our board of directors has the authority to cause our company to issue
additional shares of common stock without the consent of any of our
stockholders. Consequently, our stockholders may experience more dilution in
their ownership of our company in the future.

Our stock is a penny stock. Trading of our stock may be
restricted by the Securities and Exchange Commissions penny stock regulations
which may limit a stockholders ability to buy and sell our stock.

Our
stock is a penny stock. The Securities and Exchange Commission has adopted Rule
15g-9 which generally defines penny stock to be any equity security that has a
market price (as defined) less than $5.00 per share or an exercise price of less
than $5.00 per share, subject to certain exceptions. Our securities are covered
by the penny stock rules, which impose additional sales practice requirements on
broker-dealers who sell to persons other than established customers and
accredited investors. The term accredited investor refers generally to
institutions with assets in excess of $5,000,000 or individuals with a net worth
in excess of $1,000,000 or annual income exceeding $200,000 or $300,000 jointly
with their spouse. The penny stock rules require a broker-dealer, prior to a
transaction in a penny stock not otherwise exempt from the rules, to deliver a
standardized risk disclosure document in a form prepared by the Securities and
Exchange Commission which provides information about penny stocks and the nature
and level of risks in the penny stock market. The broker-dealer also must
provide the customer with current bid and offer quotations for the penny stock,
the compensation of the broker-dealer and its salesperson in the transaction and
monthly account statements showing the market value of each penny stock held in
the customers account. The bid and offer quotations, and the broker-dealer and
salesperson compensation information, must be given to the customer orally or in
writing prior to effecting the transaction and must be given to the customer in
writing before or with the customers confirmation. In addition, the penny stock
rules require that prior to a transaction in a penny stock not otherwise exempt
from these rules; the broker-dealer must make a special written determination
that the penny stock is a suitable investment for the purchaser and receive the
purchasers written agreement to the transaction. These disclosure requirements
may have the effect of reducing the level of trading activity in the secondary
market for the stock that is subject to these penny stock rules. Consequently,
these penny stock rules may affect the ability of broker-dealers to trade our
securities. We believe that the penny stock rules discourage investor interest
in and limit the marketability of our common stock.

-9-

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The Financial Industry Regulatory Authority sales practice
requirements may also limit a stockholders ability to buy and sell our stock.

In
addition to the penny stock rules described above, the Financial Industry
Regulatory Authority, which we refer to as FINRA, has adopted rules that require
that in recommending an investment to a customer, a broker-dealer must have
reasonable grounds for believing that the investment is suitable for that
customer. Prior to recommending speculative low priced securities to their
non-institutional customers, broker-dealers must make reasonable efforts to
obtain information about the customers financial status, tax status, investment
objectives and other information. Under interpretations of these rules, the
FINRA believes that there is a high probability that speculative low priced
securities will not be suitable for at least some customers. The FINRA
requirements make it more difficult for broker-dealers to recommend that their
customers buy our common stock, which may limit your ability to buy and sell our
stock and have an adverse effect on the market for shares of our common stock.

ITEM 1B. UNRESOLVED STAFF COMMENTS.

Not
applicable.

ITEM 2. PROPERTIES.

Executive and Head Office

Our
executive and head office is located at 10 Van Stassen Blvd., Toronto, Ontario
M6S 2N3, Canada. The 500 square foot office is provided by Slawek Kajko, our
president and director at no cost to our company. This operating facility
functions as our main operating facility. We believe our current premises are
adequate for our current operations and we do not anticipate that we will
require any additional premises in the foreseeable future.

ITEM 3. LEGAL PROCEEDINGS.

We know
of no material, existing or pending legal proceedings against our company, nor
are we involved as a plaintiff in any material proceeding or pending litigation.
There are no proceedings in which any of our directors, officers or affiliates,
or any registered or beneficial stockholder, is an adverse party or has a
material interest adverse to our interest.

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

None.

-10-

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PART II

ITEM 5. MARKET FOR REGISTRANTS COMMON EQUITY, RELATED
STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES.

Market for Securities

There is
currently no trading market for our common stock.

Holders of our Common Stock

As of
December 1, 2008, there were 34 holders of record of our common stock. Our
transfer agent is Bacchus Corporate and Securities Law, located at Suite 1820,
Cathedral Place, 925 West Georgia Street, Vancouver, British Columbia V6C 3L2,
Canada.

Dividend Policy

We have
not declared or paid any cash dividends since inception. We intend to retain
future earnings, if any, for use in the operation and expansion of our business
and do not intend to pay any cash dividends in the foreseeable future. There are
no restrictions in our articles of incorporation or bylaws that prevent us from
declaring dividends. The Nevada Revised Statutes, however, do prohibit us
from declaring dividends where, after giving effect to the distribution of the
dividend:

- we would not be able to pay our debts as they become due in the usual
  course of business; or
- our total assets would be less than the sum of our total liabilities plus
  the amount that would be needed to satisfy the rights of stockholders who have
  preferential rights superior to those receiving the distribution.

Recent Sales of Unregistered Securities

Since
September 1, 2007, we have not sold any equity securities that were not
registered under the

Securities Act of 1933.

Purchases of Equity Securities by Our Company and Affiliated
Purchasers

None.

ITEM 6. SELECTED FINANCIAL DATA.

Not
Applicable.

ITEM 7. MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL
CONDITION AND RESULTS OF OPERATIONS.

The
following discussion should be read in conjunction with our financial statements
and the related notes that appear elsewhere in this annual report. The following
discussion contains forward-looking statements that reflect our plans, estimates
and beliefs. Our actual results could differ materially from those discussed in
the forward looking statements. Factors that could cause or contribute to such
differences include those discussed below and elsewhere in this annual
report.

Our
audited financial statements are stated in United States dollars and are
prepared in accordance with United States generally accepted accounting
principles.

-11-

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Company Overview

We were
incorporated in the State of Nevada on March 19, 2007. On June 1, 2007, we
entered into a share purchase agreement with Slawek Kajko, our president,
secretary, treasurer and a director of our company, whereby we acquired all of
the issued and outstanding shares of Westside Publishing Ltd. in consideration
for the issuance of a promissory note in the amount of $28,047. Westside
Publishing Ltd. became our wholly-owned subsidiary and we commenced the business
of publishing and selling advertising for a consumer electronics magazine
entitled Canada HiFi. In addition to this, we also provide graphic design
services.

Results of Operations for the Year Ended August 31,
2008

The
following summary of our results of operations should be read in conjunction
with our audited financial statements for the year ended August 31, 2008 which
are included herein. The results of operations reflected in this discussion
include the operations of Westside Publishing Ltd., our wholly owned
subsidiary.

|                   |   | Year Ended August |   |   | Year Ended August | 
|------------------ | - | ----------------- | - | - | ----------------- | 
|                   |   | 31, 2008          |   |   | 31, 2007          | 
|Revenue            | $ | 75,280            |   | $ | 68,099            | 
|Operating Expenses |   | 148,396           |   |   | 61,985            | 
|Net Income (Loss)  |   | (78,263           | ) |   | 4,826             | 

Revenues

During
the year ended August 31, 2008, we generated $75,280 in revenue as compared to
$68,099 during the year ended August 31, 2007. These revenues were generated
primarily from sales of advertising for our publication Canada HiFi. The
increase in the revenue is primarily attributable to new advertising clients,
more frequently purchased advertising from existing clients, and the increase in
the website advertising sales.

Expenses

Our
operating expenses for the years ended August 31, 2008 and August 31, 2007 are
outlined in the table below:

|                                    |   | Year Ended      |  |   | Year Ended      | 
|----------------------------------- | - | --------------- |  | - | --------------- | 
|                                    |   | August 31, 2008 |  |   | August 31, 2007 | 
|Depreciation                        | $ | 2,229           |  | $ | 2,235           | 
|Print production and delivery       |   | 53,304          |  |   | 44,804          | 
|Selling, general and administrative |   | 92,863          |  |   | 14,946          | 
|Total Operating Expenses            | $ | 148,396         |  | $ | 61,985          | 

During
the year ended August 31, 2008, our operating expenses totaled $148,396 as
compared to $61,985 during the year ended August 31, 2007. Depreciation costs
were $2,229 for the year ended August 31, 2008 as compared to $2,235 for the
year ended August 31, 2007. Print production and delivery costs were $53,304 for
the year ended August 31, 2008 as compared to $44,804 for the year ended August
31, 2007. The increase in print production and delivery costs is primarily
attributable to the increase of pages in some issues of the magazine, increased
contribution from freelance writers, and shipping of the magazines to new
distribution locations. Selling, general and administrative expenses were
$92,863 for the year ended August 31, 2008 as compared to $14,946 for the year
ended August 31, 2007. The increase in selling, general and administrative
expenses is primarily attributable to the increases in professional fees, which
comprise of accounting, audit, and legal expenses, and office and administrative
expenses. The professional fees for the year ended August 31, 2008 were $63,574
as compared to $760 for the year ended August 31, 2007. The office and
administrative expenses for the year ended August 31, 2008 were $29,289 as
compared to $14,186 for the year ended August 31, 2007. We reported net loss of
$78,263 for the year ended August 31, 2008 as compared to a net income of $4,826
for the year ended August 31, 2007.

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Liquidity and Financial Condition

Working Capital

|                             |   | At August 31, |  |   | At August 31, | 
|---------------------------- | - | ------------- |  | - | ------------- | 
|                             |   | 2008          |  |   | 2007          | 
|Current assets               | $ | 82,205        |  | $ | 124,642       | 
|Current liabilities          |   | 52,800        |  |   | 33,841        | 
|Working capital (deficiency) | $ | 29,405        |  | $ | 90,801        | 

Our cash
on hand as at August 31, 2008 was $75,504. As at August 31, 2008, we had working
capital of $29,405. We have incurred operating losses since inception, and this
is likely to continue into the year ended August 31, 2009.

We
require funds to enable us to address our minimum current and ongoing expenses,
increase sales of advertising for our publication Canada HiFi and begin selling
advertising on our website www.canadahifi.com. Presently, our revenue is not
sufficient to meet our operating and capital expenses. Management projects that
we may require an additional $250,000 to $300,000 to fund our operating
expenditures for the next twelve month period.

We
anticipate that our cash on hand and the revenue that we anticipate generating
going forward from our operations will not be sufficient to satisfy all of our
cash requirements for the next twelve month period. If we require any additional
monies during this time, we plan to raise any such additional capital primarily
through the equity financing and further borrowings from our directors if this
type of funding continues to be available. We will continue to seek additional
funds from our directors to fund our day to day operations until equity
financing can be pursued but we have no guarantee that our directors will
continue to fund our day to day operations.

Because
we have not generated significant revenues and has an accumulated deficit since
inception, our independent auditors report for the year ended August 31, 2008
states that these factors raise substantial doubt about our ability to continue
as a going concern. There is substantial doubt about our ability to continue as
a going concern as we have not generated significant revenues since inception
and has never paid any dividends and is unlikely to pay dividends or generate
significant earnings in the immediate or foreseeable future. Furthermore, the
continuation of our company as a going concern and our ability to emerge from
the development stage is dependent upon the continued financial support from our
stockholders, our ability to obtain necessary equity financing to continue
operations and to generate sustainable and significant revenues. The issuance of
additional equity securities by us could result in a significant dilution in the
equity interests of our current stockholders. Obtaining commercial loans,
assuming those loans would be available, will increase our liabilities and
future cash commitments.

Fundraising will be one of our primary objectives over the next twelve months.
The financial requirements of our company for the next twelve months will depend
on our ability to raise the money we require through loans from our directors
and issuance of additional equity securities of our company to our directors and
stockholders or new stockholders. The issuance of additional equity securities
by us may result in a significant dilution in the equity interests of our
current stockholders. There is no assurance that we will be able to obtain
further funds required for our continued operations or that additional financing
will be available to us when needed or, if available, that it can be obtained on
commercially reasonable terms. If we are not able to obtain the additional
financing on a timely basis, we will not be able to meet our other obligations
as they become due and we will be forced to scale down or perhaps even cease our
operations.

Off-Balance Sheet Arrangements

We have
no significant off-balance sheet arrangements that have or are reasonably likely
to have a current or future effect on our financial condition, changes in
financial condition, revenues or expenses, results of operations, liquidity,
capital expenditures or capital resources that is material to stockholders.

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Application of Critical Accounting Policies

Our
financial statements and accompanying notes are prepared in accordance with
generally accepted accounting principles used in the United States. Preparing
financial statements requires management to make estimates and assumptions that
affect the reported amounts of assets, liabilities, revenue, and expenses. These
estimates and assumptions are affected by managements application of accounting
policies. We believe that understanding the basis and nature of the estimates
and assumptions involved with the following aspects of our financial statements
is critical to an understanding of our financials.

Long-lived Assets

In
accordance with SFAS No. 144, Accounting for the Impairment or Disposal of
Long-Lived Assets, we test long-lived assets or asset groups for recoverability
when events or changes in circumstances indicate that their carrying amount may
not be recoverable. Circumstances which could trigger a review include, but are
not limited to: significant decreases in the market price of the asset;
significant adverse changes in the business climate or legal factors;
accumulation of costs significantly in excess of the amount originally expected
for the acquisition or construction of the asset; current period cash flow or
operating losses combined with a history of losses or a forecast of continuing
losses associated with the use of the asset; and current expectation that the
asset will more likely than not be sold or disposed significantly before the end
of its estimated useful life. Recoverability is assessed based on the carrying
amount of the asset and its fair value which is generally determined based on
the sum of the undiscounted cash flows expected to result from the use and the
eventual disposal of the asset, as well as specific appraisal in certain
instances. An impairment loss is recognized when the carrying amount is not
recoverable and exceeds fair value.

Revenue Recognition

We
recognize revenue from advertisements placed in our published magazine Canada
HIFI in accordance with Securities and Exchange Commission Staff Accounting
Bulletin No. 104, Revenue Recognition in Financial Statements. Revenue for the
sale of advertising is recognized only when the price is fixed or determinable,
persuasive evidence of an arrangement exists, the service is performed, and
collectibility is reasonably assured.

We sell
to customers based on standard credit policies and regularly reviews accounts
receivable for any bad debts.

Recent Accounting Pronouncements

In May
2008, the Financial Accounting Standards Board (FASB) issued SFAS No. 163,
Accounting for Financial Guarantee Insurance Contracts  An interpretation of
FASB Statement No. 60. SFAS No. 163 requires that an insurance enterprise
recognize a claim liability prior to an event of default when there is evidence
that credit deterioration has occurred in an insured financial obligation. It
also clarifies how Statement 60 applies to financial guarantee insurance
contracts, including the recognition and measurement to be used to account for
premium revenue and claim liabilities, and requires expanded disclosures about
financial guarantee insurance contracts. It is effective for financial
statements issued for fiscal years beginning after December 15, 2008, except for
some disclosures about the insurance enterprises risk-management activities.
SFAS No. 163 requires that disclosures about the risk-management activities of
the insurance enterprise be effective for the first period beginning after
issuance. Except for those disclosures, earlier application is not permitted.
The adoption of this statement is not expected to have a material effect on our
consolidated financial statements.

In May
2008, the FASB issued SFAS No. 162, The Hierarchy of Generally Accepted
Accounting Principles. SFAS 162 identifies the sources of accounting principles
and the framework for selecting the principles to be used in the preparation of
financial statements of nongovernmental entities that are presented in
conformity with generally accepted accounting principles in the United States.
It is effective 60 days following the Securities and Exchange Commissions
approval of the Public Company Accounting Oversight Board amendments to AU
Section 411, The Meaning of Present Fairly in Conformity With Generally
Accepted Accounting Principles. The adoption of this statement is not expected
to have a material effect on our consolidated financial statements.

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In March
2008, the FASB issued SFAS No. 161, Disclosures about Derivative Instruments
and Hedging Activities  an amendment to FASB Statement No. 133. SFAS No. 161
is intended to improve financial standards for derivative instruments and
hedging activities by requiring enhanced disclosures to enable investors to
better understand their effects on an entity's financial position, financial
performance, and cash flows. Entities are required to provide enhanced
disclosures about: (a) how and why an entity uses derivative instruments; (b)
how derivative instruments and related hedged items are accounted for under SFAS
No. 133 and its related interpretations; and (c) how derivative instruments and
related hedged items affect an entitys financial position, financial
performance, and cash flows. SFAS No. 161 is effective for financial statements
issued for fiscal years beginning after November 15, 2008, with early adoption
encouraged. The adoption of this statement is not expected to have a material
effect on our consolidated financial statements.

In
December 2007, the FASB issued SFAS No. 141 (revised 2007), Business
Combinations. SFAS No. 141 (revised 2007) establishes principles and
requirements for how the acquirer of a business recognizes and measures in its
financial statements the identifiable assets acquired, the liabilities assumed,
and any noncontrolling interest in the acquiree. The statement also provides
guidance for recognizing and measuring the goodwill acquired in the business
combination and determines what information to disclose to enable users of the
financial statements to evaluate and financial effects of the business
combination. The guidance will become effective for the fiscal year beginning
after December 15, 2008. The adoption of this statement is not expected to have
a material effect on our consolidated financial statements.

In
December 2007, the FASB issued SFAS No. 160, Noncontrolling Interests in
Consolidated Financial Statements  an amendment of ARB No. 51. SFAS No. 160
establishes accounting and reporting standards for the noncontrolling interest
in a subsidiary and for the deconsolidation of a subsidiary. The guidance will
become effective for the fiscal year beginning after December 15, 2008. The
adoption of this statement is not expected to have a material effect on our
consolidated financial statements.

In
February 2007, the FASB issued SFAS No. 159, The Fair Value Option for
Financial Assets and Financial Liabilities  Including an Amendment of FASB
Statement No. 115. This statement permits entities to choose to measure many
financial instruments and certain other items at fair value. Most of the
provisions of SFAS No. 159 apply only to entities that elect the fair value
option. However, the amendment to SFAS No. 115 Accounting for Certain
Investments in Debt and Equity Securities applies to all entities with
available-for-sale and trading securities. SFAS No. 159 is effective as of the
beginning of an entitys first fiscal year that begins after November 15, 2007.
Early adoption is permitted as of the beginning of a fiscal year that begins on
or before November 15, 2007, provided the entity also elects to apply the
provision of SFAS No. 157, Fair Value Measurements. The adoption of this
statement is not expected to have a material effect on our consolidated
financial statements.

In
September 2006, the FASB issued SFAS No. 158, Employers Accounting for Defined
Benefit Pension and Other Postretirement Plans  an amendment of FASB Statements
No. 87, 88, 106, and 132(R). This statement requires employers to recognize the
overfunded or underfunded status of a defined benefit postretirement plan (other
than a multiemployer plan) as an asset or liability in its statement of
financial position and to recognize changes in that funded status in the year in
which the changes occur through comprehensive income of a business entity or
changes in unrestricted net assets of a not-for-profit organization. This
statement also requires an employer to measure the funded status of a plan as of
the date of its year-end statement of financial position, with limited
exceptions. The provisions of SFAS No. 158 are effective for employers with
publicly traded equity securities as of the end of the fiscal year ending after
December 15, 2006. The adoption of this statement is not expected to have a
material effect on our consolidated financial statements.

In
September 2006, the FASB issued SFAS No. 157, Fair Value Measurements. The
objective of SFAS No. 157 is to increase consistency and comparability in fair
value measurements and to expand disclosures about fair value measurements. SFAS
No. 157 defines fair value, establishes a framework for measuring fair value in
generally accepted accounting principles, and expands disclosures about fair
value measurements. SFAS No. 157 applies under other accounting pronouncements
that require or permit fair value measurements and does not require any new fair
value measurements. The provisions of SFAS No. 157 are effective for fair value
measurements made in fiscal years beginning after November 15, 2007. The
adoption of this statement is not expected to have a material effect on our
consolidated financial statements.

-15-

---

ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURE ABOUT
MARKET RISKS.

Not
applicable.

-16-

---

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.

Technology Publishing, Inc. 
  (A Development Stage Company)



|                                                       | Index
|------------------------------------------------------ | -----
|                                                       |      
|Report
      of Independent Registered Accounting Firm | F1  
|                                                       |      
|Consolidated
      Balance Sheets                      | F2  
|                                                       |      
|Consolidated
      Statements of Operations            | F3  
|                                                       |      
|Consolidated
      Statements of Cash Flows            | F4  
|                                                       |      
|Consolidated
      Statement of Stockholders Equity   | F5  
|                                                       |      
|Notes
      to the Consolidated Financial Statements   | F6  

-17-

---







Report of Independent Registered Public Accounting Firm

To the Board of Directors and Stockholders of 
  Technology
  Publishing, Inc. 
  (A Development Stage Company)

We have audited the accompanying consolidated balance sheets of
  Technology Publishing, Inc. (A Development Stage Company) as of August 31, 2008
  and 2007, and the related consolidated statements of operations, cash flows and
  stockholders equity (deficit) for the years then ended and accumulated from
  September 19, 2003 (Date of Inception) to August 31, 2008. These financial
  statements are the responsibility of the Company's management. Our
  responsibility is to express an opinion on these financial statements based on
  our audits.

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

In our opinion, the consolidated financial statements referred
  to above present fairly, in all material respects, the financial position of
  Technology Publishing, Inc. as of August 31, 2008 and 2007, and the results of
  its operations and its cash flows for the years then ended and accumulated from
  September 19, 2003 (Date of Inception) to August 31, 2008 in conformity with
  accounting principles generally accepted in the United States.

The accompanying consolidated financial statements have been
  prepared assuming the Company will continue as a going concern. As discussed in
  Note 1 to the financial statements, the Company has not generated significant
  revenues and has an accumulated deficit since inception. These factors raise
  substantial doubt about the Companys ability to continue as a going concern.
  Managements plans in regard to these matters are also discussed in Note 1. The
  financial statements do not include any adjustments that might result from the
  outcome of this uncertainty.

/s/ MANNING ELLIOTT LLP

CHARTERED ACCOUNTANTS

Vancouver, Canada

November 26, 2008

F-1

---

Technology Publishing, Inc. 
  Consolidated Balance Sheets 
  (A Development Stage Company) 
  (Expressed in U.S. dollars)

|                                                       | August 31, |   | August 31, |  
|------------------------------------------------------ | ---------- | - | ---------- | -
|                                                       | 2008       |   | 2007       |  
|                                                       | $          |   | $          |  
|ASSETS                                                 |            |   |            |  
|                                                       |            |   |            |  
|Current Assets                                         |            |   |            |  
|                                                       |            |   |            |  
|Cash                                                   | 75,504     |   | 111,467    |  
|Accounts receivable                                    | 6,701      |   | 13,175     |  
|                                                       |            |   |            |  
|Total Current Assets                                   | 82,205     |   | 124,642    |  
|                                                       |            |   |            |  
|Property and
      equipment (Note 4)                  | 6,480      |   | 5,807      |  
|                                                       |            |   |            |  
|Total Assets                                           | 88,685     |   | 130,449    |  
|                                                       |            |   |            |  
|LIABILITIES AND STOCKHOLDERS EQUITY                   |            |   |            |  
|                                                       |            |   |            |  
|Current Liabilities                                    |            |   |            |  
|                                                       |            |   |            |  
|Accounts payable                                       | 24,461     |   | 9,277      |  
|Accrued liabilities                                    | 12,753     |   |           |  
|Deferred revenue                                       | 1,397      |   |           |  
|Due to related party (Note 5(a))                       | 14,189     |   | 24,564     |  
|                                                       |            |   |            |  
|Total Current Liabilities                              | 52,800     |   | 33,841     |  
|                                                       |            |   |            |  
|Note payable to related party (Note 5(b))              | 17,470     |   | 14,649     |  
|                                                       |            |   |            |  
|Total Liabilities                                      | 70,270     |   | 48,490     |  
|                                                       |            |   |            |  
|Contingency (Note 1)                                   |            |   |            |  
|                                                       |            |   |            |  
|Stockholders Equity                                   |            |   |            |  
|                                                       |            |   |            |  
|Common stock                                           |            |   |            |  
|Authorized: 75,000,000
      shares, par value $0.001; |            |   |            |  
|10,205,000 shares issued and outstanding               | 10,205     |   | 10,205     |  
|                                                       |            |   |            |  
|Additional paid-in capital                             | 90,929     |   | 90,929     |  
|                                                       |            |   |            |  
|- Donated capital (Note 5(c))                          | 18,750     |   | 3,750      |  
|                                                       |            |   |            |  
|Accumulated other
      comprehensive loss             | (2,679     | ) | (2,398     | )
|                                                       |            |   |            |  
|Deficit accumulated during the development
      stage | (98,790    | ) | (20,527    | )
|                                                       |            |   |            |  
|Total Stockholders Equity                             | 18,415     |   | 81,959     |  
|                                                       |            |   |            |  
|Total Liabilities and Stockholders Equity             | 88,685     |   | 130,449    |  

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

F2

---

Technology Publishing, Inc. 
  Consolidated Statement of
  Operations 
  (A Development Stage Company) 
  (Expressed in U.S. dollars)

|                                                      | Accumulated from    |   |            |   |            |  
|----------------------------------------------------- | ------------------- | - | ---------- | - | ---------- | -
|                                                      | September 19, 2003  |   | For the    |   | For the    |  
|                                                      | (Date of Inception) |   | Year Ended |   | Year Ended |  
|                                                      | to August 31,       |   | August 31, |   | August 31, |  
|                                                      | 2008                |   | 2008       |   | 2007       |  
|                                                      | $                   |   | $          |   | $          |  
|Revenue                                               | 236,399             |   | 75,280     |   | 68,099     |  
|                                                      |                     |   |            |   |            |  
|Operating Expenses                                    |                     |   |            |   |            |  
|                                                      |                     |   |            |   |            |  
|Depreciation                                          | 8,539               |   | 2,229      |   | 2,235      |  
|Print production and delivery                         | 169,826             |   | 53,304     |   | 44,804     |  
|Selling, general and administrative (Note
      5(c)) | 135,799             |   | 92,863     |   | 14,946     |  
|                                                      |                     |   |            |   |            |  
|Total Operating Expenses                              | 314,164             |   | 148,396    |   | 61,985     |  
|                                                      |                     |   |            |   |            |  
|Operating Income (Loss)                               | (77,765             | ) | (73,116    | ) | 6,114      |  
|                                                      |                     |   |            |   |            |  
|Other Expenses                                        |                     |   |            |   |            |  
|                                                      |                     |   |            |   |            |  
|Amortization of debt discount                         | (3,526              | ) | (2,821     | ) | (705       | )
|Interest                                              | (2,909              | ) | (2,326     | ) | (583       | )
|                                                      |                     |   |            |   |            |  
|Net Income (Loss)                                     | (84,200             | ) | (78,263    | ) | 4,826      |  
|                                                      |                     |   |            |   |            |  
|Other Comprehensive Loss                              |                     |   |            |   |            |  
|Foreign currency translation adjustments              | (2,679              | ) | (281       | ) | (39        | )
|                                                      |                     |   |            |   |            |  
|Comprehensive Income (Loss)                           | (86,879             | ) | (78,544    | ) | 4,787      |  
|                                                      |                     |   |            |   |            |  
|Earnings (Loss) Per Share  Basic and Diluted         |                     |   | (0.01      | ) |           |  
|                                                      |                     |   |            |   |            |  
|Weighted Average Shares Outstanding                   |                     |   | 10,205,000 |   | 10,205,000 |  

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

F3

---

Technology Publishing, Inc. 
  Consolidated Statement of Cash
  Flows 
  (A Development Stage Company) 
  (expressed in U.S. dollars)

|                                                                         | Accumulated from    |   |            |   |            |  
|------------------------------------------------------------------------ | ------------------- | - | ---------- | - | ---------- | -
|                                                                         | September 19, 2003  |   | For the    |   | For the    |  
|                                                                         | (Date of Inception) |   | Year Ended |   | Year Ended |  
|                                                                         | to August 31,       |   | August 31, |   | August 31, |  
|                                                                         | 2008                |   | 2008       |   | 2007       |  
|                                                                         | $                   |   | $          |   | $          |  
|Operating Activities                                                     |                     |   |            |   |            |  
|Net income (loss) for the period                                         | (84,200             | ) | (78,263    | ) | 4,826      |  
|Adjustments to
      reconcile net income (loss) to net cash provided by |                     |   |            |   |            |  
|operating
      activities                                               |                     |   |            |   |            |  
|Amortization of debt discount                                            | 3,526               |   | 2,821      |   | 705        |  
|Depreciation                                                             | 8,495               |   | 2,185      |   | 2,235      |  
|Donated services and rent                                                | 18,750              |   | 15,000     |   | 3,750      |  
|Changes in operating assets and
      liabilities                        |                     |   |            |   |            |  
|Accounts receivable                                                      | (6,703              | ) | 6,474      |   | (5,519     | )
|Accounts payable                                                         | 24,505              |   | 15,184     |   | 8,771      |  
|Deferred revenue                                                         | 1,397               |   | 1,397      |   |           |  
|Accrued
      liabilities                                                | 12,753              |   | 12,753     |   |           |  
|Due to related party                                                     | 10,842              |   | (10,375    | ) | (5,245     | )
|Net
      Cash (Used in) Provided by Operating Activities                | (10,635             | ) | (32,824    | ) | 9,523      |  
|Investing Activities                                                     |                     |   |            |   |            |  
|Acquisition of property and equipment                                    | (13,716             | ) | (2,796     | ) |           |  
|Net Cash Used in Investing Activities                                    | (13,716             | ) | (2,796     | ) |           |  
|Financing Activities                                                     |                     |   |            |   |            |  
|Issuance of common stock                                                 | 101,134             |   |           |   | 101,050    |  
|Net
      Cash Provided by Financing Activities                          | 101,134             |   |           |   | 101,050    |  
|Effect of Exchange Rate Changes on Cash                                  | (1,279              | ) | (343       | ) | (2,010     | )
|Change in Cash                                                           | 75,504              |   | (35,963    | ) | 108,563    |  
|Cash  Beginning of Period                                               |                    |   | 111,467    |   | 2,904      |  
|Cash
       End of Period                                               | 75,504              |   | 75,504     |   | 111,467    |  
|                                                                         |                     |   |            |   |            |  
|Supplemental Disclosures                                                 |                     |   |            |   |            |  
|Interest paid                                                            |                    |   |           |   |           |  
|Income taxes paid                                                        |                    |   |           |   |           |  

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

F4

---

Technology Publishing, Inc. 
  (A Development Stage Company) 
  Consolidated Statement of Stockholders Equity
  From September 19, 2003
  (Date of Inception) to August 31, 2008 
  (expressed in U.S. dollars)

|                                           |            |   |        |   |            |   |         |  |               |   | Deficit     |   |         |  
|------------------------------------------ | ---------- | - | ------ | - | ---------- | - | ------- |  | ------------- | - | ----------- | - | ------- | -
|                                           |            |   |        |   |            |   |         |  | Accumulated   |   | Accumulated |   |         |  
|                                           |            |   |        |   | Additional |   |         |  | Other         |   | During the  |   |         |  
|                                           | Common     |   |        |   | Paid-In    |   | Donated |  | Comprehensive |   | Development |   |         |  
|                                           | Stock      |   | Amount |   | Capital    |   | Capital |  | Loss          |   | Stage       |   | Total   |  
|                                           | #          |   | $      |   | $          |   | $       |  | $             |   | $           |   | $       |  
|Balance  September 19, 2003               |            |   |        |   |            |   |         |  |               |   |             |   |         |  
|(Date of Inception)                        |           |   |       |   |           |   |        |  |              |   |            |   |        |  
|Foreign currency translation               |           |   |       |   |           |   |        |  | (83           | ) |            |   | (83     | )
|Net
      loss for the year                |           |   |       |   |           |   |        |  |              |   | (11,201     | ) | (11,201 | )
|Balance  August 31, 2004                  |           |   |       |   |           |   |        |  | (83           | ) | (11,201     | ) | (11,284 | )
|Issuance of common stock for cash          | 200        |   | 84     |   |           |   |        |  |              |   |            |   | 84      |  
|Foreign currency translation               |           |   |       |   |           |   |        |  | (1,275        | ) |            |   | (1,275  | )
|Net
      loss for the year                |           |   |       |   |           |   |        |  |              |   | (2,032      | ) | (2,032  | )
|Balance  August 31, 2005                  | 200        |   | 84     |   |           |   |        |  | (1,358        | ) | (13,233     | ) | (14,507 | )
|Foreign currency translation               |           |   |       |   |           |   |        |  | (1,001        | ) |            |   | (1,001  | )
|Net income for the year                    |           |   |       |   |           |   |        |  |              |   | 2,470       |   | 2,470   |  
|Balance  August 31, 2006                  | 200        |   | 84     |   |           |   |        |  | (2,359        | ) | (10,763     | ) | (13,038 | )
|Adjustment to number of
      shares       |            |   |        |   |            |   |         |  |               |   |             |   |         |  
|issued and outstanding as a result         |            |   |        |   |            |   |         |  |               |   |             |   |         |  
|of the reverse takeover
      transaction: |            |   |        |   |            |   |         |  |               |   |             |   |         |  
|- Shares acquired by legal parent          | (200       | ) | (84    | ) | 84         |   |        |  |              |   |            |   |        |  
|- Shares of Technology
      Publishing,   |            |   |        |   |            |   |         |  |               |   |             |   |         |  
|Inc.                                       | 100,000    |   | 100    |   | (100       | ) |        |  |              |   |            |   |        |  
|- Consideration paid in
      excess of    |            |   |        |   |            |   |         |  |               |   |             |   |         |  
|net book value                             |           |   |       |   |           |   |        |  |              |   | (14,590     | ) | (14,590 | )
|Issuance of common stock for
      cash    |            |   |        |   |            |   |         |  |               |   |             |   |         |  
|at $0.01 per share                         | 10,105,000 |   | 10,105 |   | 90,945     |   |        |  |              |   |            |   | 101,050 |  
|Donated services and rent                  |           |   |       |   |           |   | 3,750   |  |              |   |            |   | 3,750   |  
|Foreign currency translation               |           |   |       |   |           |   |        |  | (39           | ) |            |   | (39     | )
|Net income for the year                    |           |   |       |   |           |   |        |  |              |   | 4,826       |   | 4,826   |  
|Balance  August 31, 2007                  | 10,205,000 |   | 10,205 |   | 90,929     |   | 3,750   |  | (2,398        | ) | (20,527     | ) | 81,959  |  
|Donated services and rent                  |           |   |       |   |           |   | 15,000  |  |              |   |            |   | 15,000  |  
|Foreign currency translation               |           |   |       |   |           |   |        |  | (281          | ) |            |   | (281    | )
|Net income for the year                    |           |   |       |   |           |   |        |  |              |   | (78,263     | ) | (78,263 | )
|Balance  August 31, 2008                  | 10,205,000 |   | 10,205 |   | 90,929     |   | 18,750  |  | (2,679        | ) | (98,790     | ) | 18,415  |  

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

F5

---

Technology Publishing, Inc. 
  Notes to the Consolidated
  Financial Statements 
  (A Development Stage Company) 
  August 31, 2008 
  (expressed in U.S. dollars)

|1. | Nature of Operations and Continuance of
      Business                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
|-- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|   | Technology Publishing, Inc. (the Company) was
      incorporated in the State of Nevada on March 19, 2007. Effective June 1,
      2007, the Company acquired all the outstanding common stock of Westside
      Publishing Ltd. (Westside), a private Canadian based company under
      common control. Prior to the acquisition, the Company was a non-operating
      shell corporation with nominal net assets. The acquisition is a capital
      transaction in substance and therefore has been accounted for as a
      recapitalization, which is outside the scope of Statement of Financial
      Accounting Standard (SFAS) No. 141, Business Combinations.
      Under recapitalization accounting, Westside is considered the acquirer for
      accounting and financial reporting purposes, and acquired the assets and
      assumed the liabilities of Technology. Assets acquired and liabilities
      assumed are reported at their historical amounts. These consolidated
      financial statements include the accounts of the Company since the
      effective date of the recapitalization and the historical accounts of the
      business of Westside since inception. Refer to Note 3.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|   | The Company is a development stage company, as defined by
      SFAS No.7, Accounting and Reporting for Enterprises in the Development
        Stage. The Company is based in Toronto, Ontario, Canada and its
      principal business is the sale of advertising on its published magazine
      Canada HIFI. These consolidated financial statements have been prepared
      on a going concern basis, which implies the Company will continue to
      realize its assets and discharge its liabilities in the normal course of
      business. The Company has not generated significant revenues since
      inception and has never paid any dividends and is unlikely to pay
      dividends or generate significant earnings in the immediate or foreseeable
      future. The continuation of the Company as a going concern and the ability
      of the Company to emerge from the development stage is dependent upon the
      continued financial support from its shareholders, the ability of the
      Company to obtain necessary equity financing to continue operations and to
      generate sustainable and significant revenue. As at August 31, 2008, the
      Company has significant losses since inception and an accumulated deficit
      of $98,790 since inception. These factors raise substantial doubt
      regarding the Companys ability to continue as a going concern. These
      consolidated financial statements do not include any adjustments to the
      recoverability and classification of recorded asset amounts and
      classification of liabilities that might be necessary should the Company
      be unable to continue as a going concern.
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|2. | Summary of Significant Accounting Principles                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|   | a)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|   | b)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|   | c)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|   | d)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               

F6

---

Technology Publishing, Inc. 
  Notes to the Consolidated
  Financial Statements 
  (A Development Stage Company) 
  August 31, 2008 
  (expressed in U.S. dollars)

|2. | Summary of Significant Accounting Principles
      (continued)
|-- | --------------------------------------------------------------
|   |                                                               
|   | e)                                                            
|   |                                                               
|   |                                                               
|   |                                                               
|   |                                                               
|   |                                                               
|   | f)                                                            
|   |                                                               
|   |                                                               
|   |                                                               
|   | g)                                                            
|   |                                                               
|   |                                                               
|   |                                                               
|   | h)                                                            
|   |                                                               
|   |                                                               
|   |                                                               
|   |                                                               
|   |                                                               
|   | i)                                                            
|   |                                                               
|   |                                                               
|   |                                                               
|   |                                                               
|   |                                                               
|   | j)                                                            
|   |                                                               
|   |                                                               

F7

---

Technology Publishing, Inc. 
  Notes to the Consolidated
  Financial Statements 
  (A Development Stage Company) 
  August 31, 2008 
  (expressed in U.S. dollars)

|2. | Summary of Significant Accounting Principles
      (continued)
|-- | --------------------------------------------------------------
|   |                                                               
|   | k)                                                            
|   |                                                               
|   |                                                               
|   |                                                               
|   | l)                                                            
|   |                                                               
|   |                                                               
|   |                                                               
|   | m)                                                            
|   |                                                               
|   |                                                               
|   |                                                               
|   |                                                               
|   |                                                               
|   |                                                               
|   |                                                               
|   |                                                               

F8

---

Technology Publishing, Inc. 
  Notes to the Consolidated
  Financial Statements 
  (A Development Stage Company) 
  August 31, 2008 
  (expressed in U.S. dollars)

|2. | Summary of Significant Accounting Principles
      (continued)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|-- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|   | m)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|3. | Acquisition of Westside Publishing Ltd.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|   | Effective June 1, 2007, the Company acquired 100% of the
      issued and outstanding common stock of Westside Publishing Ltd.
      (Westside) for consideration of the issuance of a promissory note for
      $28,047. Westside was incorporated on September 19, 2003 under the Company
      Act of Ontario, Canada and was owned by the President of the Company. The
      principal business of Westside is the sale of advertising in its published
      magazine Canada HIFI.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|   | Prior to the acquisition of Westside, the Company was a
      non-operating shell company. The acquisition is a capital transaction in
      substance and therefore has been accounted for as a recapitalization,
      which is outside the scope of SFAS No. 141, Business
        Combinations. The acquisition has been accounted for as a
      continuation of the Westside business in accordance with EITF 98-3,
      Determining Whether a Nonmonetary Transaction Involves Receipt of
        Productive Assets or of a Business. Under recapitalization
      accounting, Westside is considered the acquirer for accounting and
      financial reporting purposes, and acquired the assets and assumed the
      liabilities of the Company. Assets acquired and liabilities assumed are
      reported at their historical amounts. These financial statements include
      the accounts of the Company since the effective date of the
      recapitalization being June 1, 2007 and the historical accounts of the
      business of Westside since inception being September 19,
      2003.

F9

---

Technology Publishing, Inc. 
  Notes to the Consolidated
  Financial Statements 
  (A Development Stage Company) 
  August 31, 2008 
  (expressed in U.S. dollars)

|4. | Property and Equipment
|-- | ----------------------

| |                               |  |        |  |  |              |  |  | August 31,   |  |  | August 31,   | 
| | ----------------------------- |  | ------ |  |  | ------------ |  |  | ------------ |  |  | ------------ | 
| |                               |  |        |  |  |              |  |  | 2008         |  |  | 2007         | 
| |                               |  |        |  |  | Accumulated  |  |  | Net Carrying |  |  | Net Carrying | 
| |                               |  | Cost   |  |  | Depreciation |  |  | Value        |  |  | Value        | 
| |                               |  | $      |  |  | $            |  |  | $            |  |  | $            | 
| |                               |  |        |  |  |              |  |  |              |  |  |              | 
| | Computer hardware             |  | 11,133 |  |  | 7,585        |  |  | 3,548        |  |  | 5,079        | 
| | Furniture and
      equipment |  | 4,372  |  |  | 1,440        |  |  | 2,932        |  |  | 728          | 
| |                               |  |        |  |  |              |  |  |              |  |  |              | 
| |                               |  | 15,505 |  |  | 9,025        |  |  | 6,480        |  |  | 5,807        | 

|5. | Related Party Transactions                                                                                                                            
|-- | ------------------------------------------------------------------------------------------------------------------------------------------------------
|   |                                                                                                                                                       
|   | a)                                                                                                                                                    
|   |                                                                                                                                                       
|   | b)                                                                                                                                                    
|   |                                                                                                                                                       
|   | c)                                                                                                                                                    
|   |                                                                                                                                                       
|6. | Common Stock                                                                                                                                          
|   |                                                                                                                                                       
|   | a)                                                                                                                                                    
|   |                                                                                                                                                       
|   | b)                                                                                                                                                    
|   |                                                                                                                                                       
|   | c)                                                                                                                                                    
|   |                                                                                                                                                       
|   | d)                                                                                                                                                    
|   |                                                                                                                                                       
|7. | Income Taxes                                                                                                                                          
|   |                                                                                                                                                       
|   | The reconciliation of income tax attributable to
      continuing operations computed at the statutory tax rate of 35% to income
      tax expense is:

| |                                                                 |  | Year Ended |   |  | Year Ended |  
| | --------------------------------------------------------------- |  | ---------- | - |  | ---------- | -
| |                                                                 |  | August 31, |   |  | August 31, |  
| |                                                                 |  | 2008       |   |  | 2007       |  
| |                                                                 |  | $          |   |  | $          |  
| |                                                                 |  |            |   |  |            |  
| | Income tax recovery (expense) computed at
      statutory rates |  | 26,609     |   |  | (1,641     | )
| | Permanent differences and other                                 |  | (4,501     | ) |  | 1,067      |  
| | Change in tax rates                                             |  |           |   |  | (575       | )
| | Valuation
      allowance change                                |  | (22,108    | ) |  | 1,149      |  
| |                                                                 |  |            |   |  |            |  
| | Provision for
      income taxes                                |  |           |   |  |           |  

F10

---

Technology Publishing, Inc. 
  Notes to the Consolidated
  Financial Statements 
  (A Development Stage Company) 
  August 31, 2008 
  (expressed in U.S. dollars)

|7. | Income Taxes (continued)                                                                                                                                   
|-- | -----------------------------------------------------------------------------------------------------------------------------------------------------------
|   |                                                                                                                                                            
|   | Significant components of the Companys deferred tax
      assets and liabilities, after applying enacted corporate income tax rates,
      are as follows:

| |                                      |  | August 31, |   |  | August 31, |  
| | ------------------------------------ |  | ---------- | - |  | ---------- | -
| |                                      |  | 2008       |   |  | 2007       |  
| |                                      |  | $          |   |  | $          |  
| | Deferred income tax asset            |  |            |   |  |            |  
| | Net operating losses carried forward |  | 23,270     |   |  | 1,162      |  
| | Valuation
      allowance            |  | (23,270    | ) |  | (1,162     | )
| | Net deferred income tax asset        |  |           |   |  |           |  

The Company has net operating losses
  for income tax purposes which may be carried forward and offset against future
  taxable income in the U.S. and Canada. These losses expire as follows:

U.S.
      
      Canada$
      
      $2027
      583
      
      2028
      65,901
      
      66,484
      
      


F11

---

ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON
ACCOUNTING AND FINANCIAL DISCLOSURE.

None.

ITEM 9(T). CONTROLS AND PROCEDURES.

As
required by Rule 15d-15 under the Securities Exchange Act of 1934, management
evaluated, with the participation of our president (our principal executive
officer, principal financial officer, and principal accounting officer), the
effectiveness of our disclosure controls and procedures as of the end of the
period covered by this annual report, being August 31, 2008. Based upon that
evaluation, our president concluded that our disclosure controls and procedures
were effective as at the end of the period covered by this annual report.

Disclosure controls and procedures are controls and other procedures that are
designed to ensure that information required to be disclosed in our reports
filed or submitted under the Securities Exchange Act of 1934 is recorded,
processed, summarized and reported, within the time periods specified in the
Securities and Exchange Commission's rules and forms. Disclosure controls and
procedures include controls and procedures designed to ensure that information
required to be disclosed in our reports filed or submitted under the Securities
Exchange Act of 1934 is accumulated and communicated to management, including
our president, to allow timely decisions regarding required disclosure.

This
annual report does not include a report of managements assessment regarding
internal control over financial reporting or an attestation report of our
registered public accounting firm due to a transition period established by
rules of the Securities and Exchange Commission for newly public companies.

ITEM 9B. OTHER INFORMATION.

None.

-18-

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PART III

ITEM 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE
GOVERNANCE.

Directors and Executive Officers, Promoters and Control
Persons

Our
directors and executive officers, their ages, positions held, and duration of
such are as follows:

Name
      Position Held with the Company
      Age
      Date First Elected or AppointedSlawek Kajko
    President, Secretary, Treasurer and
      Director
    30
    March 19, 2007Edward Dere
    Vice
      President and Director
    38
    June
      22, 2007


Term of Office

All
directors of our company hold office until the next annual meeting of the
stockholders or until their successors have been elected and qualified. The
officers of our company are appointed by our board of directors and hold office
until their death, resignation or removal from office.

Business Experience

The
following is a brief account of the education and business experience of each
director and executive officer during at least the past five years, indicating
each persons business experience, principal occupation during the period, and
the name and principal business of the organization by which they were employed.

Slawek Kajko  President, Secretary, Treasurer and
  Director

On March
19, 2007, Slawek Kajko was appointed as a director, president, secretary and
treasurer of our company. While studying Computer Science at York University in
1997, Mr. Kajko began his career in the information technology field as a part
time technical support specialist with Morty Systems Inc., a mortgage software
firm. Upon completion of his degree in 2002, Mr. Kajko began a full time career
as a systems analyst with Insystems Tech Inc., a document automation software
company. In 2003, Mr. Kajko left Insystems Tech Inc. to form Westside Publishing
Ltd., an electronics publishing company, with two other partners. Before the end
of 2003, Westside Publishing Ltd. launched its first publication entitled
Toronto HiFi, a free magazine which focused on consumer audio and video
products. Westside Publishing Ltd. generated revenue by selling print
advertising space. The following year, Mr. Kajko purchased all of the shares
from the other partners and thus became the sole owner of Westside Publishing
Ltd. Two years since the launch of Toronto HiFi, the publication was given a
complete makeover and was renamed to Canada HiFi. The new publication had two
and a half times the circulation of Toronto HiFi and a much wider distribution
network. In 2005, Westside Publishing Ltd. was contracted to design and publish
an annual magazine entitled Are We There Yet? for Attractions Ontario, an
Ontario tourism promotion company. During the next two years, Mr. Kajko has made
a number of television appearances on the CTV News and Opening Soon: By Design.
Since 2005, Mr. Kajko has also written numerous electronics related articles for
The Toronto Star, one of the largest daily newspapers in Canada. On June 1,
2007, we acquired all of the issued and outstanding shares of Westside
Publishing Ltd. from Mr. Kajko.

Edward Dere  Vice President and Director

Edward
Dere has served our company as vice president and director since June 22, 2007.
Mr. Dere has several years of business management experience specifically in the
hospitality and service industry.

Mr. Dere
attended OSullivan College from 1990 to 1992 in the Business Administration
program. He continued his studies at Dawson College from 1992 to 1997 and
completed his degree in accounting and retail management.

-19-

---

Mr. Dere
began his business career at Canac, a division of CN Rail from 1997 to 2000 as a
billing administrator in charge of opening and closing of major project
accounts. From 2000 to 2001, Itech Sports, a leading supplier of hockey
equipment for the NHL (National Hockey League) hired him as senior inventory
analyst in charge of project forecasting and inventory control. During this same
time, Mr. Dere started freelance work as a consultant in the hospitality and
service industry providing management and cost savings techniques for new and
existing restaurants having been working in various hi-end restaurants from
barman to manager during his studies.

In 2002,
Mr. Dere purchased a struggling Second Cup coffee franchise and turned it around
to becoming a top five national best sales out of 350 stores across the country.
He later sold it in the same year for an undisclosed sum. In late 2002, Mr. Dere
was hired by IBM Canada as a second level support specialist for major accounts
providing support in hardware and software to clients such as The Gap and
Manhatten Bank. In 2008, Dr. Dere was promoted to a contract administrator
position on the customer fulfillment team for Air Canada & Aeroplan.

Mr. Dere
is presently continuing his career at IBM Canada.

Family Relationships

There
are no family relationships among our directors and officers.

Involvement in Certain Legal Proceedings

Our
directors, executive officers, promoters, and control persons have not been
involved in any of the following events during the past five years:

| | 1. | any bankruptcy petition filed by or against any business
      of which such person was a general partner or executive officer either at
      the time of the bankruptcy or within two years prior to that
  time;                                                                                                            
| | -- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| |    |                                                                                                                                                                                                                                                                                                                                
| | 2. | any conviction in a criminal proceeding or being subject
      to a pending criminal proceeding (excluding traffic violations and other
      minor offenses);                                                                                                                                                                 
| |    |                                                                                                                                                                                                                                                                                                                                
| | 3. | being subject to any order, judgment, or decree, not
      subsequently reversed, suspended or vacated, of any court of competent
      jurisdiction, permanently or temporarily enjoining, barring, suspending or
      otherwise limiting his involvement in any type of business, securities or
      banking activities; or
| |    |                                                                                                                                                                                                                                                                                                                                
| | 4. | being found by a court of competent jurisdiction (in a
      civil action), the Securities and Exchange Commission or the Commodity
      Futures Trading Commission to have violated a federal or state securities
      or commodities law, and the judgment has not been reversed, suspended, or
      vacated.             

Code of Ethics

We have
not adopted a code of ethics because our board of directors believes that our
small size does not merit the expense of preparing, adopting and administering a
code of ethics. Our board of directors intends to adopt a code of ethics when
circumstances warrant.

Corporate Governance

We
currently act with two directors. We do not have a standing audit, compensation
or nominating committee, but our entire board of directors acts in such
capacities. We believe that the members of our board of directors are capable of
analyzing and evaluating our financial statements and understanding internal
controls and procedures for financial reporting. The board of directors of our
company does not believe that it is necessary to have a standing audit,
compensation or nominating committee because we believe that the functions of
such committees can be adequately performed by the board of directors,
consisting of Slawek Kajko and Edward Dere.

-20-

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ITEM 11. EXECUTIVE COMPENSATION.

No
executive officer of our company or our subsidiary has received an annual salary
and bonus that exceeded $100,000 during our two most recently completed fiscal
years. The following table shows the compensation received by our executive
officers for the periods indicated:

Summary Compensation

Name and Principal Position
      Year
      **Salary** ($)
      Bonus ($)
      Stock Awards($)
      Option **Awards** ($)
      Non- Equity
      Incentive Plan Compensa- tion
      ($)
      Nonqualified Deferred CompensationEarnings ($)
      All Other **Compensa-**
      tion ($)
      Total ($)(a)
    (b)
    (c)
    (d)
    (e)
    (f)
    (g)
    (h)
    (i)
    (j)Slawek Kajko President, Secretary and
      Treasurer(1)
    2008 2007
    Nil Nil
    Nil Nil
    Nil Nil
    Nil Nil
    Nil Nil
    Nil Nil
    Nil Nil
    Nil NilEdward Dere Vice President(2)
    2008 2007
    Nil Nil
    Nil Nil
    Nil Nil
    Nil Nil
    Nil Nil
    Nil Nil
    Nil Nil
    Nil Nil


| | (1) | Slawek Kajko was appointed president, secretary and
      treasurer on March 19, 2007.
| | --- | --------------------------------------------------------------------------------------
| |     |                                                                                       
| | (2) | Edward Dere was appointed vice president on June 22,
      2007.                      

Stock Options and Stock Appreciation Rights

We have
not granted any stock options or stock appreciation rights to any of our
directors and officers since our inception.

Securities Authorized for Issuance under Equity Compensation
  Plans

We have no equity compensation plans outstanding.

Compensation of Directors

Our
directors did not receive or accrue any compensation for their services as
directors during the fiscal year ended August 31, 2008. We have no formal plan
for compensating our directors for their service in their capacity as directors.
We may reimburse our directors for reasonable travel and other out-of-pocket
expenses incurred in connection with attendance at meetings of our board of
directors. Our board of directors may award special remuneration to any director
undertaking any special services on our behalf other than services ordinarily
required of a director. No director received and/or accrued any compensation for
their services as a director.

Employment Contracts and Termination of Employment and
Change in Control Arrangements

We have
not entered into any employment agreement or consulting agreements with our
directors and executive officers. There are no arrangements or plans in which we
provide pension, retirement or similar benefits for directors or executive
officers. Our directors and executive officers may receive stock options at the
discretion of our board of directors in the future. We do not have any material
bonus or profit sharing plans pursuant to which cash or non-cash compensation is
or may be paid to our directors or executive officers.

-21-

---

Pension, Retirement or Similar Benefit Plans

There
are no arrangements or plans in which we provide pension, retirement or similar
benefits for directors or executive officers. We have no material bonus or
profit sharing plans pursuant to which cash or non-cash compensation is or may
be paid to our directors or executive officers.

ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND
MANAGEMENT AND RELATED STOCKHOLDER MATTERS.

The
following table sets forth, as of December 1, 2008, certain information with
respect to the beneficial ownership of our common stock by each stockholder
known by us to be the beneficial owner of more than 5% of our common stock and
by each of our current directors and executive officers. Each person has sole
voting and investment power with respect to the shares of common stock, except
as otherwise indicated. Beneficial ownership consists of a direct interest in
the shares of common stock, except as otherwise indicated.

Title of
      Class
      Name and Address of Beneficial Owner
      Amount and Nature of Beneficial Ownership
      Percentage of Class(1)Common Stock
    Slawek Kajko 10 Van Stassen Blvd.
      Toronto, Ontario M6S 2N3 Canada
    5,100,000
    50%Common Stock
    Edward Dere 7267 de Pontoise St.
      Leonard, Quebec H1S 2B1 Canada
    2,500,000
    25%Common Stock
    Directors and Officers (2  as a group)
    7,600,000
    75%


(1)
Based on 10,205,000 shares outstanding as of December 1, 2008.

Changes in Control

We are
unaware of any contract or other arrangement the operation of which may at a
subsequent date result in a change of control of our company.

Securities Authorized for Issuance Under Equity Compensation
Plans

We have
no long-term incentive plans.

ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND
DIRECTOR INDEPENDENCE.

Transactions with Related Persons

Other
than as listed below, we have not been a party to any transaction, proposed
transaction, or series of transactions in which, to our knowledge, any of our
directors, officers, five percent beneficial security holder, or any member of
the immediate family of the foregoing persons has had or will have a direct or
indirect material interest since September 1, 2006.

On March
19, 2007, we issued 100,000 shares of our common stock to Slawek Kajko, our
president, secretary, treasurer, a director of our company, and a holder of
approximately 50% of issued and outstanding shares of our common stock at a
price of $0.001 per share for gross proceeds of $100.

On June
1, 2007, we entered into and closed a share purchase agreement with Slawek
Kajko, whereby we acquired all of the issued and outstanding shares of Westside
Publishing Ltd. in consideration for the issuance of a promissory note for
$28,047. The promissory note bears interest at Royal Bank of Canada Prime
Interest Rate plus

-22-

---

2% annum and is unsecured. The principal and interest are due
on June 1, 2012 or payable on demand. If we fail to pay on demand any payment of
principal or interest on this promissory note, then the entire unpaid principal
and all accrued and unpaid interest become due and payable without presentment,
notice, protest or demand of any kind. During the years ended August 31, 2008
and 2007, we incurred interests of $2,909 under this promissory note.

On June
15, 2007, we issued a further 5,000,000 shares of our common stock to Slawek
Kajko at a price of $0.01 per share for gross proceeds of $50,000.

On June
15, 2007, we issued 2,500,000 shares of our common stock to Edward Dere, our
vice president, a director of our company, and a holder of approximately 25% of
issued and outstanding shares of our common stock at a price of $0.01 per share
for gross proceeds of $25,000.

As at
August 31, 2008, we were indebted to Slawek Kajko for $14,189 for expenses paid
for on our behalf, which does not include the promissory note for $28,047 issued
in connection with the acquisition of Westside Publishing Ltd. This indebtedness
for expenses paid for on our behalf by Mr. Kajko is non-interest bearing,
unsecured and due on demand. During the years ended August 31, 2008 and 2007,
the largest amount of principal outstanding for this indebtedness was $30,590.
During the years ended August 31, 2008 and 2007, we have made the net repayment
of $10,375 to Mr. Kajko for this indebtedness.

For the
years ended August 31, 2008 and 2007, we recognized $15,000 for donated services
and $3,750 for donated rent provided by Slawek Kajko.

Director Independence

We
currently act with two directors. As Slawek Kajko is our president, secretary
and treasurer and Edward Dere is our vice president, neither Mr. Kajko nor Mr.
Dere is an independent director as the term is used in section 803 of the Amex
Company Guide. We believe that, because of our small size, retaining one or more
directors who would qualify as independent would be overly costly and burdensome
and is not warranted.

ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES.

Audit Fees

The
aggregate fees billed or expected to be billed for the most recently completed
fiscal years ended August 31, 2008 and 2007 for professional services rendered
by Manning Elliott LLP for the audit of our annual financial statements and
review of the financial statements included in our quarterly reports on Form
10-Q or services that are normally provided by Manning Elliott LLP in connection
with statutory and regulatory filings or engagements for these fiscal periods
were as follows:

Year
        EndedAugust
        31, 2008
      August
        31, 2007Audit Fees
      $31,500
      $12,000Audit Related Fees
      $nil
      $nilTax Fees
      $nil
      $nilAll Other Fees
      $nil
      $nilTotal
      $31,500
      $12,000


Pre-Approval Policies and Procedures

Our
board of directors pre-approves all services provided by our independent
auditors. All of the above services were reviewed and approved by our board of
directors before such services were rendered.

-23-

---

Our
board of directors has considered the nature and amount of fees billed by
Manning Elliott LLP and believes that the provision of services for activities
unrelated to the audit is compatible with maintaining the independence of
Manning Elliott LLP.







-24-

---

ITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES.

|Exhibit |                                                                                                                                                                                                                                                                 
|------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|Number  | Description                                                                                                                                                                                                                                                     
|        |                                                                                                                                                                                                                                                                 
|3.1     | Articles of
        Incorporation (incorporate by reference from our registration statement
        on Form S-1/A filed on October 10, 2008)                                                                                                                    
|        |                                                                                                                                                                                                                                                                 
|3.2     | Bylaws (incorporate
        by reference from our registration statement on Form S-1/A filed on October
        10, 2008)                                                                                                                                       
|        |                                                                                                                                                                                                                                                                 
|10.1    | Share Purchase
        Agreement with Slawek Kajko dated June 1, 2007 (incorporate by reference
        from our registration statement on Form S-1/A filed on October 10, 2008)                                                                                
|        |                                                                                                                                                                                                                                                                 
|10.2    | Promissory Note
        dated June 1, 2007 issued to Slawek Kajko by our company (incorporate
        by reference from our registration statement on Form S-1/A filed on October
        10, 2008)                                                             
|        |                                                                                                                                                                                                                                                                 
|10.3    | Subscription
        Agreement dated March 19, 2007 with Slawek Kajko (incorporate by reference
        from our registration statement on Form S-1/A filed on October 10, 2008)                                                                                
|        |                                                                                                                                                                                                                                                                 
|10.4    | Subscription
        Agreement dated June 1, 2007 with Slawek Kajko (incorporate by reference
        from our registration statement on Form S-1/A filed on October 10, 2008)                                                                                  
|        |                                                                                                                                                                                                                                                                 
|10.5    | Subscription
        Agreement dated June 15, 2007 with Edward Dere (incorporate by reference
        from our registration statement on Form S-1/A filed on October 10, 2008)                                                                                  
|        |                                                                                                                                                                                                                                                                 
|10.6    | Form of Subscription
        Agreement used in a private placement offering that closed on July 25,
        2007 between our company and 32 investors (incorporate by reference from
        our registration statement on Form S-1/A filed on October 10, 2008)
|        |                                                                                                                                                                                                                                                                 
|21      | Subsidiary of
        Technology Publishing, Inc.: Westside Publishing Ltd., an Ontario corporation                                                                                                                                                             
|        |                                                                                                                                                                                                                                                                 
|31.1*   | Section
        302 Certification under Sarbanes-Oxley Act of 2002                                                                                                                                                                                              
|        |                                                                                                                                                                                                                                                                 
|32.1*   | Section
        906 Certification under Sarbanes-Oxley Act of 2002                                                                                                                                                                                              

*             
Filed herewith

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SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the
Securities Exchange Act of 1934, the registrant has duly caused this report to
be signed on its behalf by the undersigned, thereunto duly authorized.

TECHNOLOGY PUBLISHING, INC.

/s/ Slawek
KajkoBy: Slawek
KajkoPresident, Secretary, Treasurer and Director (Principal Executive
Officer, Principal Financial Officer and Principal Accounting Officer)

Dated: December 1, 2008

Pursuant to the requirements of the Securities Exchange Act of
1934, this report has been signed below by the following persons on behalf of
the registrant and in the capacities and on the dates indicated.

TECHNOLOGY PUBLISHING, INC.

/s/ Slawek
KajkoBy: Slawek
KajkoPresident, Secretary, Treasurer and Director (Principal Executive
Officer, Principal Financial Officer and Principal Accounting Officer)

Dated: December 1, 2008

/s/ Edward DereBy: Edward Dere Vice
President and Director

Dated: December 1, 2008

Supplemental Information to be Furnished With Reports Filed
Pursuant to Section 15(d) of the Securities Exchange Act of 1934 by Registrants
Which Have Not Registered Securities Pursuant to Section 12 of the Securities
Exchange Act of 1934

We have not sent to our stockholders any annual report covering
our last fiscal year or proxy materials with respect to any annual or other
meeting of our stockholders.

-26-

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