| DELAWARE                                                             |   | N/A                                  |
|----------------------------------------------------------------------|--------|--------------------------------------|
|  (State or Other Jurisdiction of Incorporation of Organization) |   | (I.R.S. Employer Identification No.) |

----

| PART I                                                                                                                           | 2  |
|----------------------------------------------------------------------------------------------------------------------------------|----|
| Item 1.  Business                                                                                                           | 2  |
| Item 1A.  Risk Factors                                                                                                      | 12 |
| Item 1B.  Unresolved Staff Comments                                                                                         | 12 |
| Item 2.  Properties                                                                                                         | 12 |
| Item 3.  Legal Proceedings                                                                                                  | 12 |
| Item 4.  (Removed and Reserved)                                                                                             | 12 |
| PART II                                                                                                                          | 13 |
| Item 5.  Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities | 13 |
| Item 6.  Selected Financial Data                                                                                            | 14 |
| Item 7.  Management's Discussion and Analysis of Financial Condition and Results of Operations                              | 14 |
| Item 7A.  Quantitative and Qualitative Disclosures about Market Risk                                                        | 16 |
| Item 8.  Financial Statements and Supplementary Data                                                                        | 16 |
| Item 9.  Changes In and Disagreements with Accountants on Accounting and Financial Disclosure                               | 17 |
| Item 9A.  Controls and Procedures                                                                                           | 17 |
| Item 9B.  Other Information                                                                                                 | 17 |
| PART III                                                                                                                         | 18 |
| Item 10.  Directors, Executive Officers and Corporate Governance                                                            | 18 |
| Item 11.  Executive Compensation                                                                                            | 20 |
| Item 12.  Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters                    | 21 |
| Item 13.  Certain Relationships and Related Transactions, and Director Independence                                         | 22 |
| Item 14.  Principal Accountant Fees and Services                                                                            | 23 |
| PART IV                                                                                                                          | 24 |
| Item 15.  Exhibits, Financial Statement Schedules                                                                           | 24 |

----

PART I

Item 1.  Business

----

| ● |   a web service application programming interface to facilitate the seamless integration of songs with third party web sites; |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------|

| ● |   gift functionality; |
|---------|---------------------------------|

| ● |   the capacity to track affiliate royalty payments on a per-product basis; |
|---------|--------------------------------------------------------------------------------------|

| ● |   automated sales reports to track of affiliate commissions; |
|---------|------------------------------------------------------------------------|

| ● |   logins for charities and record labels (or other content owners) to track hits, views, preview plays, sales, royalties and donations; |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------|

| ● |   automated generation of various “top 10” style lists for songs or other products; |
|---------|-----------------------------------------------------------------------------------------------------------|

| ● |   capacity to sell digital content by individual song unit, by album;,or in pre-set packages (in development) |
|---------|-------------------------------------------------------------------------------------------------------------------------|

| ● |   embedded Flash music player allowing users to preview songs without an external player; |
|---------|-----------------------------------------------------------------------------------------------------|

| ● |   scalable capacity to accommodate millions of products, charities and other affiliates; |
|---------|----------------------------------------------------------------------------------------------------|

| ● |   automated content updates and user-friendly content management system; |
|---------|------------------------------------------------------------------------------------|

| ● |   customizable search features linked to a content management database (available with or without content); and |
|---------|---------------------------------------------------------------------------------------------------------------------------|

| ● |   customizable support for co-branding, localized and white-labeled sites with a shared product database. |
|---------|---------------------------------------------------------------------------------------------------------------------|

----

----

| ● |   a two way waterproof speaker/microphone; |
|---------|------------------------------------------------------|

| ● |   an incoming number protection; |
|---------|--------------------------------------------|

| ● |   one button call back; |
|---------|-----------------------------------|

| ● |   a global positioning device component; |
|---------|----------------------------------------------------|

| ● |   a detachable faceplate for use in multiple verticals; |
|---------|-------------------------------------------------------------------|

| ● |   three programmable buttons; and |
|---------|---------------------------------------------|

| ● |   programmable indicator lights. |
|---------|--------------------------------------------|

----

| 1. | The arrival of highly accurate, reliable, cost-effective tracking devices that have achieved critical battery life and form factor (size & weight) thresholds. In addition, due to the physical size and performance of the devices, they are now being produced by a growing number of manufacturers both small and large. It has also become a priority for wireless carriers to certify these devices for the rapidly growing LBS and Telematic marketplaces. |
|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | Wireless carriers are now providing lower cost data-only plans. A major change in carrier pricing has occurred as they acknowledge the significance and future revenue importance of data-only devices in the LBS and integrated telecommunications and computer/information system markets. This is a result of next generation digital networks that improve the network capacity for data. |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3. | The acceptance by Fortune 1000 companies of Internet-based, third party-hosted corporate solutions. Whether contracting out payroll, sales force management or asset management, large corporations are accepting this as a standard and necessary competitive practice. |
|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4. | Overall solution cost of ownership reductions due to the combined impact of the above market drivers have made LBS solutions available to a wider market. LBS solutions provide asset security and improved logistics that now demonstrate a much more tangible return on investment. |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5. | LBS technologies are able to support security-based applications for government, corporate and personal markets. |
|----|------------------------------------------------------------------------------------------------------------------|

| 6. | Growing consumer awareness and demand for LBS solutions. |
|----|----------------------------------------------------------|

| 7. | With the above market drivers in place and consistent technology, performance and economic improvements as per standard technology and market evolution, it can be definitively stated that the true commercial age of wireless LBS has arrived. |
|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 1. | Privacy Protection |
|----|--------------------|

| 2. | Social |
|----|--------|

| 3. | Government |
|----|------------|

| 4. | Technology |
|----|------------|

| 5. | Economic |
|----|----------|

----

| ● |   wireless prices continue to decline; |
|---------|--------------------------------------------------|

| ● |   the number of minutes in landline service plans continues to increase; |
|---------|------------------------------------------------------------------------------------|

| ● |   wireless carriers are bundling large increments of evening, weekend, local and long distance calling into consumer calling plans at little to no additional cost; and |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ● |   wireless carriers continue to improve their available geographic coverage with network build-outs. |
|---------|----------------------------------------------------------------------------------------------------------------|

----

| ● | 2.4 million people are employed in agriculture, forestry, fishing, hunting and mining; |
|---------|----------------------------------------------------------------------------------------|

| ● | 9.1 million people are employed in construction; |
|---------|--------------------------------------------------|

| ● | 17 million people are employed in manufacturing; |
|---------|--------------------------------------------------|

| ● | 6.8 million people are employed in transportation, warehousing and utilities; and |
|---------|-----------------------------------------------------------------------------------|

| ● | 12.4 million people are employed in professional, scientific, management, administrative and waste management services. |
|---------|-------------------------------------------------------------------------------------------------------------------------|

| ● |   33 million children in elementary school (grades 1-8) |
|---------|-------------------------------------------------------------------|

| ● |   4 million children in kindergarten |
|---------|------------------------------------------------|

| ● |   4.6 million children in nursery/preschool |
|---------|-------------------------------------------------------|

----

| ● |   inventory management; |
|---------|-----------------------------------|

| ● |   order management (accepting and processing sales orders that originate from designated sales channels); |
|---------|---------------------------------------------------------------------------------------------------------------------|

| ● |   warehouse management; |
|---------|-----------------------------------|

| ● |   distribution management; and |
|---------|------------------------------------------|

| ● |   returns and repair management. |
|---------|--------------------------------------------|

----

| ● | 2475823 titled “pet communication system”, filed in Canada on July 16, 2004 and laid open for public inspection on January 16, 2006 (abandoned); |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ● | PCT/CA2005/001122 titled “mobile communication system and device”, filed under the Patent Cooperation Treaty on July 18, 2005 claiming priority to Canadian patent application 2475823; and |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ● | EP20050767052 titled “mobile communication system and device”, filed in the European Union claiming priority to the PCT application (national phase entry on May 25, 2007). |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

Item 1A.  Risk Factors

Item 1B.  Unresolved Staff Comments

Item 2.  Properties

Item 3.  Legal Proceedings

Item 4. (Removed and Reserved)

----

PART II

Item 5.  Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.

| OTC Bulletin Board |
|--------------------|
| Quarter Ended      | High ($) | Low ($) |
| October 31, 2010   | 0.08 | 0.02 |
| July 31, 2010      | 0.23 | 0.045 |
| April 30, 2010     | 0.42 | 0.10 |
| January 31, 2010   | 0.62 | 0.20 |
| October 31, 2009   | 0.71 | 0.21 |
| July 31, 2009      | 0.30 | 0.11 |
| April 30, 2009     | 0.11 | 0.11 |
| January 31, 2009   | 0.11 | 0.10 |

----

Item 6.  Selected Financial Data

Item 7.  Management’s Discussion and Analysis of Financial Condition and Results of Operation

----

| Description                         | PotentialCompletion Date | EstimatedExpenses($) |
|-------------------------------------|--------------------------|----------------------|
| General and administrative expenses | 12 months                | 250,000              |
| Research and development            | 12 months                | 100,000              |
| Sales and marketing                 | 12 months                | 200,000              |
| Accounting and legal                | 12 months                | 150,000              |
| Unallocated working capital         | 12 months                | 100,000              |
| Debt repayment                      | 12 months                | 900,000              |
| Total                               |                     | 1,700,000            |

----

Item 7A.  Quantitative and Qualitative Disclosures about Market Risk

Item 8.  Financial Statements and Supplementary Data

----

----

----

|                                                                                                                                            |   | October 31, |        |   | October 31, |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------|-------------|--------|-------------|--------|
|                                                                                                                                            |   | 2010        |        |   | 2009        |   |
|                                                                                                                                            |   | $           |        |   | $           |   |
|                                                                                                                                            |   |        |        |   |        |   |
| ASSETS                                                                                                                                          |   |        |        |   |        |   |
|                                                                                                                                            |   |        |        |   |        |   |
| Current Assets                                                                                                                                  |   |        |        |   |        |   |
|                                                                                                                                            |   |        |        |   |        |   |
| Cash                                                                                                                                            |   |        | 7,558       |   |        |   | 473 |   |
| Accounts receivable                                                                                                                             |   |        | –     |   |        |   | 64,737 |   |
| Prepaid expenses and deposits                                                                                                                   |   |        | –     |   |        |   | 38,738 |   |
|                                                                                                                                            |   |        |        |   |        |   |   |   |
| Total Current Assets                                                                                                                            |   |        | 7,558       |   |        |   | 103,948 |   |
|                                                                                                                                            |   |        |        |   |        |   |   |   |
| Goodwill (Note 3)                                                                                                                               |   |        | –     |   |        |   | 1,163,884 |   |
| Intangible assets (Note 5)                                                                                                                      |   |        | –     |   |        |   | 66,779 |   |
| Property and equipment (Note 6)                                                                                                                 |   |        | 3,594       |   |        |   | 8,002 |   |
|                                                                                                                                            |   |        |        |   |        |   |   |   |
| Total Assets                                                                                                                                    |   |        | 11,152      |   |        |   | 1,342,613 |   |
|                                                                                                                                            |   |        |        |   |        |   |   |   |
|                                                                                                                                            |   |        |        |   |        |   |   |   |
| LIABILITIES AND STOCKHOLDERS’ DEFICIT                                                                                                     |   |        |        |   |        |   |   |   |
|                                                                                                                                            |   |        |        |   |        |   |   |   |
| Current Liabilities                                                                                                                             |   |        |        |   |        |   |   |   |
|                                                                                                                                            |   |        |        |   |        |   |   |   |
| Accounts payable                                                                                                                                |   |        | 625,086     |   |        |   | 533,273 |   |
| Accrued liabilities                                                                                                                             |   |        | –     |   |        |   | 17,299 |   |
| Accrued interest payable                                                                                                                        |   |        | 138,514     |   |        |   | 141,307 |   |
| Deferred revenue                                                                                                                                |   |        | –     |   |        |   | 90,385 |   |
| Due to related parties (Note 7)                                                                                                                 |   |        | 327,049     |   |        |   | 1,303,492 |   |
| Notes payable (Note 8)                                                                                                                          |   |        | 467,018     |   |        |   | 881,637 |   |
| Convertible note payable to related party, net of unamortized discount of $nil (2009 - $1,782) (Note 7)                                         |   |        | –     |   |        |   | 118,218 |   |
|                                                                                                                                            |   |        |        |   |        |   |   |   |
| Total Liabilities                                                                                                                               |   |        | 1,557,667   |   |        |   | 3,085,611 |   |
|                                                                                                                                            |   |        |        |   |        |   |   |   |
| Nature of Operations and Continuance of Business (Note 1)                                                                                       |   |        |        |   |        |   |   |   |
| Commitments (Note 12)                                                                                                                           |   |        |        |   |        |   |   |   |
|                                                                                                                                            |   |        |        |   |        |   |   |   |
| Stockholders’ Deficit                                                                                                                     |   |        |        |   |        |   |   |   |
|                                                                                                                                            |   |        |        |   |        |   |   |   |
| Preferred stock: 10,000,000 shares authorized, non-voting, no par value;No shares issued and outstanding                                        |   |        | –     |   |        |   | – |   |
| Common stock:  100,000,000 shares authorized, $0.0001 par value;66,602,490 and 99,874,977 shares issued and outstanding, respectively |   |        | 6,660       |   |        |   | 9,987 |   |
|                                                                                                                                            |   |        |        |   |        |   |   |   |
| Additional paid-in capital                                                                                                                      |   |        | 11,870,626  |   |        |   | 9,261,980 |   |
|                                                                                                                                            |   |        |        |   |        |   |   |   |
| Common stock issuable                                                                                                                           |   |        | 70,000      |   |        |   | 70,000 |   |
|                                                                                                                                            |   |        |        |   |        |   |   |   |
| Deficit accumulated during the development stage                                                                                                |   |        | (13,493,801 | )      |        |   | (11,084,965 | ) |
|                                                                                                                                            |   |        |        |   |        |   |   |   |
| Total Stockholders’ Deficit                                                                                                               |   |        | (1,546,515  | )      |        |   | (1,742,998 | ) |
|                                                                                                                                            |   |        |        |   |        |   |   |   |
| Total Liabilities and Stockholders’ Deficit                                                                                               |   |        | 11,152      |   |        |   | 1,342,613 |   |

----

|                                                                      |   | For the YearEnded |       |   | For the YearEnded |   |       | Accumulated FromJune 5, 2006(Date of Inception) |   |
|---------------------------------------------------------------------------|--------|-------------------|------------|--------|-------------------|--------|------------|-------------------------------------------------|--------|
|                                                                      |   | October 31,       |       |   | October 31,       |   |       | to October 31,                                  |   |
|                                                                      |   | 2010              |       |   | 2009              |   |       | 2010                                            |   |
|                                                                      |   | $                 |       |   | $                 |   |       | $                                               |   |
|                                                                      |   |              |       |   |              |   |       |                                            |   |
| Revenue                                                                   |   |              | 204,120    |   |              |   | 18,746     |                                            |   |   | 222,866 |   |
| Cost of sales                                                             |   |              | 93,881     |   |              |   | 3,349      |                                            |   |   | 97,230 |   |
|                                                                      |   |              |       |   |              |   |       |                                            |   |   |   |   |
| Gross margin                                                              |   |              | 110,239    |   |              |   | 15,397     |                                            |   |   | 125,636 |   |
|                                                                      |   |              |       |   |              |   |       |                                            |   |   |   |   |
| Expenses                                                                  |   |              |       |   |              |   |       |                                            |   |   |   |   |
|                                                                      |   |              |       |   |              |   |       |                                            |   |   |   |   |
| Advertising and marketing                                                 |   |              | 10,648     |   |              |   | 54,687     |                                            |   |   | 191,480 |   |
| Amortization of intangible assets                                         |   |              | 6,954      |   |              |   | 7,059      |                                            |   |   | 18,138 |   |
| Amortization of property and equipment                                    |   |              | 7,305      |   |              |   | 11,917     |                                            |   |   | 36,174 |   |
| Consulting fees                                                           |   |              | 744,582    |   |              |   | 478,999    |                                            |   |   | 2,148,737 |   |
| Foreign exchange loss                                                     |   |              | 34,493     |   |              |   | 41,426     |                                            |   |   | 254,200 |   |
| General and administrative                                                |   |              | 117,923    |   |              |   | 158,141    |                                            |   |   | 1,068,214 |   |
| Impairment of goodwill (Note 3)                                           |   |              | 1,223,709  |   |              |   | 2,050,401  |                                            |   |   | 3,274,110 |   |
| Impairment of intangible assets (Note 5)                                  |   |              | –    |   |              |   | 2,115,000  |                                            |   |   | 2,219,724 |   |
| Management fees (Note 7(h))                                               |   |              | 225,000    |   |              |   | 284,096    |                                            |   |   | 1,162,596 |   |
| Payroll                                                                   |   |              | –    |   |              |   | 432        |                                            |   |   | 29,516 |   |
| Professional fees                                                         |   |              | 245,361    |   |              |   | 104,702    |                                            |   |   | 648,131 |   |
| Research and development                                                  |   |              | 8,732      |   |              |   | 304        |                                            |   |   | 318,360 |   |
|                                                                      |   |              |       |   |              |   |       |                                            |   |   |   |   |
| Total Expenses                                                            |   |              | 2,624,707  |   |              |   | 5,307,164  |                                            |   |   | 11,369,380 |   |
|                                                                      |   |              |       |   |              |   |       |                                            |   |   |   |   |
| Operating Loss                                                            |   |              | (2,514,468 | )      |              |   | (5,291,767 | )                                               |   |   | (11,243,744 | ) |
|                                                                      |   |              |       |   |              |   |       |                                            |   |   |   |   |
| Other Income (Expense)                                                    |   |              |       |   |              |   |       |                                            |   |   |   |   |
|                                                                      |   |              |       |   |              |   |       |                                            |   |   |   |   |
| Gain on settlement of debt                                                |   |              | 465,171    |   |              |   | 185,145    |                                            |   |   | 651,436 |   |
| Interest and other income                                                 |   |              | –    |   |              |   | –    |                                            |   |   | 59,900 |   |
| Interest expense                                                          |   |              | (344,134   | )      |              |   | (114,225   | )                                               |   |   | (582,224 | ) |
| Write-off of note receivable                                              |   |              | –    |   |              |   | –    |                                            |   |   | (1,114,182 | ) |
|                                                                      |   |              |       |   |              |   |       |                                            |   |   |   |   |
| Total Other Income (Expense)                                              |   |              | 121,037    |   |              |   | 70,920     |                                            |   |   | (985,070 | ) |
|                                                                      |   |              |       |   |              |   |       |                                            |   |   |   |   |
| Loss from Continuing Operations                                           |   |              | (2,393,431 | )      |              |   | (5,220,847 | )                                               |   |   | (12,228,814 | ) |
|                                                                      |   |              |       |   |              |   |       |                                            |   |   |   |   |
| Loss from Discontinued Operations (Note 4)                                |   |              | (15,405    | )      |              |   | (199,872   | )                                               |   |   | (1,181,515 | ) |
|                                                                      |   |              |       |   |              |   |       |                                            |   |   |   |   |
| Net Loss                                                                  |   |              | (2,408,836 | )      |              |   | (5,420,719 | )                                               |   |   | (13,410,329 | ) |
|                                                                      |   |              |       |   |              |   |       |                                            |   |   |   |   |
| Net Loss Per Share from Continuing Operations – Basic and Diluted   |   |              | (0.03      | )      |              |   | (0.14      | )                                               |   |   |   |   |
|                                                                      |   |              |       |   |              |   |       |                                            |   |   |   |   |
| Net Loss Per Share from Discontinued Operations – Basic and Diluted |   |              | –    |   |              |   | –    |                                            |   |   |   |   |
|                                                                      |   |              |       |   |              |   |       |                                            |   |   |   |   |
| Weighted Average Shares Outstanding                                       |   |              | 70,174,000 |   |              |   | 40,056,000 |                                            |   |   |   |   |

----

|                                                               |   |            |      |   |         |   |      |       |   |   |          |   |   | Deficit     |      |   |       |   |
|--------------------------------------------------------------------|--------|-----------------|-----------|--------|--------------|--------|-----------|------------|--------|--------|---------------|--------|--------|-------------|-----------|--------|------------|--------|
|                                                               |   |            |      |   |         |   |      |       |   |   |          |   |   | Accumulated |      |   |       |   |
|                                                               |   |            |      |   |         |   |      | Additional |   |   | Share         |   |   | During the  |      |   |       |   |
|                                                               |   | Preferred Stock |      |   | Common Stock |   |      | Paid-in    |   |   | Subscriptions |   |   | Development |      |   |       |   |
|                                                               |   | Shares          |      |   | Amount       |   |      | Shares     |   |   | Amount        |   |   | Capital     |      |   | Receivable |   |   | Stage |   |   | Total |   |
|                                                               |   | #               |      |   | $            |   |      | #          |   |   | $             |   |   | $           |      |   | $          |   |   | $ |   |   | $ |   |
|                                                               |   |            |      |   |         |   |      |       |   |   |          |   |   |        |      |   |       |   |   |   |   |   |   |   |
| Balance – June 5, 2006 (Date of Inception)                   |   |            | –   |   |         |   | –   |       |   |   | –       |   |   |        | –   |   |       |   | – |   |   |   | – |   |   |   | – |   |   |   | – |   |
|                                                               |   |            |      |   |         |   |      |       |   |   |          |   |   |        |      |   |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Issuance of common stock for cash at $0.0001 per share             |   |            | –   |   |         |   | –   |       |   |   | 10,000,000    |   |   |        | 1,000     |   |       |   | – |   |   |   | (1,000 | ) |   |   | – |   |   |   | – |   |
|                                                               |   |            |      |   |         |   |      |       |   |   |          |   |   |        |      |   |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Issuance of common stock for cash at $0.07 per share               |   |            | –   |   |         |   | –   |       |   |   | 10,000,000    |   |   |        | 700,000   |   |       |   | – |   |   |   | (25,000 | ) |   |   | – |   |   |   | 675,000 |   |
|                                                               |   |            |      |   |         |   |      |       |   |   |          |   |   |        |      |   |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net loss for the period                                            |   |            |      |   |         |   |      |       |   |   | –       |   |   |        | –   |   |       |   | – |   |   |   | – |   |   |   | (282,206 | ) |   |   | (282,206 | ) |
|                                                               |   |            |      |   |         |   |      |       |   |   |          |   |   |        |      |   |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance – October 31, 2006                                   |   |            | –   |   |         |   | –   |       |   |   | 20,000,000    |   |   |        | 701,000   |   |       |   | – |   |   |   | (26,000 | ) |   |   | (282,206 | ) |   |   | 392,794 |   |
|                                                               |   |            |      |   |         |   |      |       |   |   |          |   |   |        |      |   |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Issuance of 2,000,000 Series A Preferred Shares at $0.50 per share |   |            | 2,000,000 |   |         |   | 1,000,000 |       |   |   | –       |   |   |        | –   |   |       |   | – |   |   |   | – |   |   |   | – |   |   |   | 1,000,000 |   |
|                                                               |   |            |      |   |         |   |      |       |   |   |          |   |   |        |      |   |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Stock subscriptions received                                       |   |            | –   |   |         |   | –   |       |   |   | –       |   |   |        | –   |   |       |   | – |   |   |   | 25,120 |   |   |   | – |   |   |   | 25,120 |   |
|                                                               |   |            |      |   |         |   |      |       |   |   |          |   |   |        |      |   |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Issuance of common stock at $0.50 per share                        |   |            | –   |   |         |   | –   |       |   |   | 500,000       |   |   |        | 250,000   |   |       |   | – |   |   |   | – |   |   |   | – |   |   |   | 250,000 |   |
|                                                               |   |            |      |   |         |   |      |       |   |   |          |   |   |        |      |   |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Issuance of common stock to subsidiary                             |   |            | –   |   |         |   | –   |       |   |   | 1             |   |   |        | –   |   |       |   | – |   |   |   | – |   |   |   | – |   |   |   | – |   |
|                                                               |   |            |      |   |         |   |      |       |   |   |          |   |   |        |      |   |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Fair value of share purchase warrants issued                       |   |            | –   |   |         |   | –   |       |   |   | –       |   |   |        | –   |   |       |   | 497,980 |   |   |   | – |   |   |   | – |   |   |   | 497,980 |   |
|                                                               |   |            |      |   |         |   |      |       |   |   |          |   |   |        |      |   |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Fair value of stock options granted                                |   |            | –   |   |         |   | –   |       |   |   | –       |   |   |        | –   |   |       |   | 108,710 |   |   |   | – |   |   |   | – |   |   |   | 108,710 |   |
|                                                               |   |            |      |   |         |   |      |       |   |   |          |   |   |        |      |   |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Cumulative preferred dividends                                     |   |            | –   |   |         |   | –   |       |   |   | –       |   |   |        | –   |   |       |   | – |   |   |   | – |   |   |   | (48,472 | ) |   |   | (48,472 | ) |
|                                                               |   |            |      |   |         |   |      |       |   |   |          |   |   |        |      |   |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net loss for the year                                              |   |            |      |   |         |   |      |       |   |   | –       |   |   |        | –   |   |       |   | – |   |   |   | – |   |   |   | (2,183,150 | ) |   |   | (2,183,150 | ) |
|                                                               |   |            |      |   |         |   |      |       |   |   |          |   |   |        |      |   |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance – October 31, 2007                                   |   |            | 2,000,000 |   |         |   | 1,000,000 |       |   |   | 20,500,001    |   |   |        | 951,000   |   |       |   | 606,690 |   |   |   | (880 | ) |   |   | (2,513,828 | ) |   |   | 42,982 |   |
|                                                               |   |            |      |   |         |   |      |       |   |   |          |   |   |        |      |   |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Issuance of common stock at $0.50 per share                        |   |            | –   |   |         |   | –   |       |   |   | 3,021,200     |   |   |        | 1,516,000 |   |       |   | – |   |   |   | – |   |   |   | – |   |   |   | 1,516,000 |   |
|                                                               |   |            |      |   |         |   |      |       |   |   |          |   |   |        |      |   |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Stock subscriptions received                                       |   |            | –   |   |         |   | –   |       |   |   | –       |   |   |        | –   |   |       |   | – |   |   |   | 880 |   |   |   | – |   |   |   | 880 |   |
|                                                               |   |            |      |   |         |   |      |       |   |   |          |   |   |        |      |   |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Share issuance costs                                               |   |            | –   |   |         |   | –   |       |   |   | –       |   |   |        | (78,015   | )      |       |   | – |   |   |   | – |   |   |   | – |   |   |   | (78,015 | ) |
|                                                               |   |            |      |   |         |   |      |       |   |   |          |   |   |        |      |   |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Fair value of share purchase warrants issued                       |   |            | –   |   |         |   | –   |       |   |   | –       |   |   |        | –   |   |       |   | 29,350 |   |   |   | – |   |   |   | – |   |   |   | 29,350 |   |
|                                                               |   |            |      |   |         |   |      |       |   |   |          |   |   |        |      |   |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Fair value of stock options granted                                |   |            | –   |   |         |   | –   |       |   |   | –       |   |   |        | –   |   |       |   | 102,960 |   |   |   | – |   |   |   | – |   |   |   | 102,960 |   |
|                                                               |   |            |      |   |         |   |      |       |   |   |          |   |   |        |      |   |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Cumulative preferred dividends                                     |   |            | –   |   |         |   | –   |       |   |   | –       |   |   |        | –   |   |       |   | – |   |   |   | – |   |   |   | (35,000 | ) |   |   | (35,000 | ) |
|                                                               |   |            |      |   |         |   |      |       |   |   |          |   |   |        |      |   |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net loss for the year                                              |   |            | –   |   |         |   | –   |       |   |   | –       |   |   |        | –   |   |       |   | – |   |   |   | – |   |   |   | (3,115,418 | ) |   |   | (3,115,418 | ) |
|                                                               |   |            |      |   |         |   |      |       |   |   |          |   |   |        |      |   |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance – October 31, 2008                                   |   |            | 2,000,000 |   |         |   | 1,000,000 |       |   |   | 23,521,201    |   |   |        | 2,388,985 |   |       |   | 739,000 |   |   |   | – |   |   |   | (5,664,246 | ) |   |   | (1,536,261 | ) |

----

|                                                               |   |            |       |   |         |   |       |       |   |   |        |   |   | Deficit     |       |   |     |   |
|--------------------------------------------------------------------|--------|-----------------|------------|--------|--------------|--------|------------|------------|--------|--------|-------------|--------|--------|-------------|------------|--------|----------|--------|
|                                                               |   |            |       |   |         |   |       |       |   |   |        |   |   | Accumulated |       |   |     |   |
|                                                               |   |            |       |   |         |   |       | Additional |   |   | Common      |   |   | During the  |       |   |     |   |
|                                                               |   | Preferred Stock |       |   | Common Stock |   |       | Paid-in    |   |   | Stock       |   |   | Development |       |   |     |   |
|                                                               |   | Shares          |       |   | Amount       |   |       | Shares     |   |   | Amount      |   |   | Capital     |       |   | Issuable |   |   | Stage |   |   | Total |   |
|                                                               |   | #               |       |   | $            |   |       | #          |   |   | $           |   |   | $           |       |   | $        |   |   | $ |   |   | $ |   |
|                                                               |   |            |       |   |         |   |       |       |   |   |        |   |   |        |       |   |     |   |   |   |   |   |   |   |
| Balance – October 31, 2008                                   |   |            | 2,000,000  |   |         |   | 1,000,000  |       |   |   | 23,521,201  |   |   |        | 2,388,985  |   |     |   | 739,000 |   |   |   | – |   |   |   | (5,664,246 | ) |   |   | (1,536,261 | ) |
|                                                               |   |            |       |   |         |   |       |       |   |   |        |   |   |        |       |   |     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Issuance of common stock for services at $0.50 per share           |   |            | –    |   |         |   | –    |       |   |   | 100,000     |   |   |        | 50,000     |   |     |   | – |   |   |   | – |   |   |   | – |   |   |   | 50,000 |   |
|                                                               |   |            |       |   |         |   |       |       |   |   |        |   |   |        |       |   |     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Stock-based compensation                                           |   |            | –    |   |         |   | –    |       |   |   | –     |   |   |        | –    |   |     |   | 94,539 |   |   |   | – |   |   |   | – |   |   |   | 94,539 |   |
|                                                               |   |            |       |   |         |   |       |       |   |   |        |   |   |        |       |   |     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Common shares issued upon conversion of preferred stock            |   |            | (2,000,000 | )      |         |   | (1,000,000 | )          |   |   | 4,000,000   |   |   |        | 1,000,000  |   |     |   | – |   |   |   | – |   |   |   | – |   |   |   | – |   |
|                                                               |   |            |       |   |         |   |       |       |   |   |        |   |   |        |       |   |     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Common shares issued upon conversion of preferred dividend payable |   |            | –    |   |         |   | –    |       |   |   | 333,888     |   |   |        | 83,472     |   |     |   | – |   |   |   | – |   |   |   | – |   |   |   | 83,472 |   |
|                                                               |   |            |       |   |         |   |       |       |   |   |        |   |   |        |       |   |     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance, May 1, 2009 before recapitalization (Note 3)              |   |            | –    |   |         |   | –    |       |   |   | 27,955,089  |   |   |        | 3,522,457  |   |     |   | 833,539 |   |   |   | – |   |   |   | (5,664,246 | ) |   |   | (1,308,250 | ) |
|                                                               |   |            |       |   |         |   |       |       |   |   |        |   |   |        |       |   |     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| May 1, 2009 Recapitalization Transactions                          |   |            |       |   |         |   |       |       |   |   |        |   |   |        |       |   |     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |   |            |       |   |         |   |       |       |   |   |        |   |   |        |       |   |     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Shares acquired by legal parent                                    |   |            | –    |   |         |   | –    |       |   |   | (27,955,089 | )      |   |        | –    |   |     |   | – |   |   |   | – |   |   |   | – |   |   |   | – |   |
|                                                               |   |            |       |   |         |   |       |       |   |   |        |   |   |        |       |   |     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Shares of Sound Revolution Inc.                                    |   |            | –    |   |         |   | –    |       |   |   | 68,258,478  |   |   |        | –    |   |     |   | – |   |   |   | – |   |   |   | – |   |   |   | – |   |
|                                                               |   |            |       |   |         |   |       |       |   |   |        |   |   |        |       |   |     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Shares issued to shareholders of On4 Communications Inc.           |   |            | –    |   |         |   | –    |       |   |   | 27,955,089  |   |   |        | 2,796      |   |     |   | 2,658,893 |   |   |   | – |   |   |   | – |   |   |   | 2,661,689 |   |
|                                                               |   |            |       |   |         |   |       |       |   |   |        |   |   |        |       |   |     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| To record par value adjustment                                     |   |            | –    |   |         |   | –    |       |   |   |        |   |   |        | (3,515,632 | )      |     |   | 3,515,632 |   |   |   | – |   |   |   | – |   |   |   | – |   |
|                                                               |   |            |       |   |         |   |       |       |   |   |        |   |   |        |       |   |     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Stock subscriptions received                                       |   |            | –    |   |         |   | –    |       |   |   | 661,410     |   |   |        | 66         |   |     |   | 132,216 |   |   |   | – |   |   |   | – |   |   |   | 132,282 |   |
|                                                               |   |            |       |   |         |   |       |       |   |   |        |   |   |        |       |   |     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Share issuance costs                                               |   |            | –    |   |         |   | –    |       |   |   | –     |   |   |        | –    |   |     |   | (8,000 | ) |   |   | – |   |   |   | – |   |   |   | (8,000 | ) |
|                                                               |   |            |       |   |         |   |       |       |   |   |        |   |   |        |       |   |     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Issuance of common stock for acquisition                           |   |            | –    |   |         |   | –    |       |   |   | 3,000,000   |   |   |        | 300        |   |     |   | 2,129,700 |   |   |   | – |   |   |   | – |   |   |   | 2,130,000 |   |
|                                                               |   |            |       |   |         |   |       |       |   |   |        |   |   |        |       |   |     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Common stock issuable for services                                 |   |            | –    |   |         |   | –    |       |   |   | –     |   |   |        | –    |   |     |   | – |   |   |   | 70,000 |   |   |   | – |   |   |   | 70,000 |   |
|                                                               |   |            |       |   |         |   |       |       |   |   |        |   |   |        |       |   |     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net loss for the year                                              |   |            | –    |   |         |   | –    |       |   |   | –     |   |   |        | –    |   |     |   | – |   |   |   | – |   |   |   | (5,420,719 | ) |   |   | (5,420,719 | ) |
|                                                               |   |            |       |   |         |   |       |       |   |   |        |   |   |        |       |   |     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance – October 31, 2009                                   |   |            | –    |   |         |   | –    |       |   |   | 99,874,977  |   |   |        | 9,987      |   |     |   | 9,261,980 |   |   |   | 70,000 |   |   |   | (11,084,965 | ) |   |   | (1,742,998 | ) |
|                                                               |   |            |       |   |         |   |       |       |   |   |        |   |   |        |       |   |     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Beneficial conversion feature                                      |   |            | –    |   |         |   | –    |       |   |   | –     |   |   |        | –    |   |     |   | 75,000 |   |   |   | – |   |   |   | – |   |   |   | 75,000 |   |
|                                                               |   |            |       |   |         |   |       |       |   |   |        |   |   |        |       |   |     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Shares issued upon conversion of notes                             |   |            | –    |   |         |   | –    |       |   |   | 3,400,472   |   |   |        | 340        |   |     |   | 169,684 |   |   |   | – |   |   |   | – |   |   |   | 170,024 |   |
|                                                               |   |            |       |   |         |   |       |       |   |   |        |   |   |        |       |   |     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Shares issued upon settlement of related party debt                |   |            | –    |   |         |   | –    |       |   |   | 14,950,972  |   |   |        | 1,495      |   |     |   | 1,643,667 |   |   |   | – |   |   |   | – |   |   |   | 1,645,162 |   |
|                                                               |   |            |       |   |         |   |       |       |   |   |        |   |   |        |       |   |     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Cancellation of shares                                             |   |            | –    |   |         |   | –    |       |   |   | (54,223,931 | )      |   |        | (5,422     | )      |     |   | 5,422 |   |   |   | – |   |   |   | – |   |   |   | – |   |
|                                                               |   |            |       |   |         |   |       |       |   |   |        |   |   |        |       |   |     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Shares issued for services                                         |   |            | –    |   |         |   | –    |       |   |   | 2,600,000   |   |   |        | 260        |   |     |   | 407,740 |   |   |   | – |   |   |   | – |   |   |   | 408,000 |   |
|                                                               |   |            |       |   |         |   |       |       |   |   |        |   |   |        |       |   |     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Fair value of stock options granted                                |   |            | –    |   |         |   | –    |       |   |   | –     |   |   |        | –    |   |     |   | 307,133 |   |   |   | – |   |   |   | – |   |   |   | 307,133 |   |
|                                                               |   |            |       |   |         |   |       |       |   |   |        |   |   |        |       |   |     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net loss for the year                                              |   |            | –    |   |         |   | –    |       |   |   | –     |   |   |        | –    |   |     |   | – |   |   |   | – |   |   |   | (2,408,836 | ) |   |   | (2,408,836 | ) |
|                                                               |   |            |       |   |         |   |       |       |   |   |        |   |   |        |       |   |     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance – October 31, 2010                                   |   |            | –    |   |         |   | –    |       |   |   | 66,602,490  |   |   |        | 6,660      |   |     |   | 11,870,626 |   |   |   | 70,000 |   |   |   | (13,493,801 | ) |   |   | (1,546,515 | ) |

----

|                                                                        |   | For the Year EndedOctober 31,2010$ |       |   | For the Year EndedOctober 31,2009$ |   |       | Accumulated From June 5, 2006(Date of Inception)to October 31,2010$ |   |
|-----------------------------------------------------------------------------|--------|------------------------------------|------------|--------|------------------------------------|--------|------------|---------------------------------------------------------------------|--------|
|                                                                        |   |                               |       |   |                               |   |       |                                                                |   |
| Operating Activities                                                        |   |                               |       |   |                               |   |       |                                                                |   |
|                                                                        |   |                               |       |   |                               |   |       |                                                                |   |
| Net loss from continuing operations                                         |   |                               | (2,393,431 | )      |                               |   | (5,220,847 | )                                                                   |   |   | (12,228,814 | ) |
|                                                                        |   |                               |       |   |                               |   |       |                                                                |   |   |   |   |
| Adjustments to reconcile net loss to net cash used in operating activities: |   |                               |       |   |                               |   |       |                                                                |   |   |   |   |
| Accretion of discount on convertible debt                                   |   |                               | 76,782     |   |                               |   | 10,218     |                                                                |   |   | 87,000 |   |
| Amortization of property and equipment                                      |   |                               | 7,305      |   |                               |   | 11,917     |                                                                |   |   | 36,174 |   |
| Amortization of intangible assets                                           |   |                               | 6,954      |   |                               |   | 7,059      |                                                                |   |   | 18,138 |   |
| Gain on settlement of debt                                                  |   |                               | (465,171   | )      |                               |   | (185,145   | )                                                                   |   |   | (650,316 | ) |
| Impairment of goodwill                                                      |   |                               | 1,223,708  |   |                               |   | 2,050,401  |                                                                |   |   | 3,274,109 |   |
| Impairment of intangible assets                                             |   |                               | –    |   |                               |   | 2,115,000  |                                                                |   |   | 2,219,724 |   |
| Issuance of notes payable for services and penalties                        |   |                               | –    |   |                               |   | –    |                                                                |   |   | 90,402 |   |
| Issuance of shares for services                                             |   |                               | 408,000    |   |                               |   | 120,000    |                                                                |   |   | 528,000 |   |
| Stock-based compensation                                                    |   |                               | 307,133    |   |                               |   | 94,539     |                                                                |   |   | 1,140,672 |   |
| Write-off of notes receivable                                               |   |                               | –    |   |                               |   | –    |                                                                |   |   | 1,114,182 |   |
|                                                                        |   |                               |       |   |                               |   |       |                                                                |   |   |   |   |
| Changes in operating assets and liabilities:                                |   |                               |       |   |                               |   |       |                                                                |   |   |   |   |
| Accounts receivable                                                         |   |                               | 64,737     |   |                               |   | (64,737    | )                                                                   |   |   | – |   |
| Prepaid expenses and deposits                                               |   |                               | 22,629     |   |                               |   | (19,541    | )                                                                   |   |   | (7,745 | ) |
| Accounts payable and accrued liabilities                                    |   |                               | 207,043    |   |                               |   | 378,903    |                                                                |   |   | 779,123 |   |
| Accrued interest payable                                                    |   |                               | 267,660    |   |                               |   | 116,338    |                                                                |   |   | 421,416 |   |
| Deferred revenue                                                            |   |                               | (90,385    | )      |                               |   | 90,385     |                                                                |   |   | – |   |
| Due to related parties                                                      |   |                               | 230,968    |   |                               |   | 226,188    |                                                                |   |   | 522,636 |   |
|                                                                        |   |                               |       |   |                               |   |       |                                                                |   |   |   |   |
| Net Cash Used In Operating Activities                                       |   |                               | (126,068   | )      |                               |   | (269,322   | )                                                                   |   |   | (2,655,299 | ) |
|                                                                        |   |                               |       |   |                               |   |       |                                                                |   |   |   |   |
| Investing Activities                                                        |   |                               |       |   |                               |   |       |                                                                |   |   |   |   |
| Acquisition of intangible assets                                            |   |                               | –    |   |                               |   | –    |                                                                |   |   | (182,687 | ) |
| Cash acquired in reverse merger                                             |   |                               | –    |   |                               |   | 1,523      |                                                                |   |   | 1,523 |   |
| Acquisition of property and equipment                                       |   |                               | (2,897     | )      |                               |   | –    |                                                                |   |   | (33,562 | ) |
| Advances for note receivable                                                |   |                               | –    |   |                               |   | –    |                                                                |   |   | (1,114,182 | ) |
|                                                                        |   |                               |       |   |                               |   |       |                                                                |   |   |   |   |
| Net Cash Provided by (Used In) Investing Activities                         |   |                               | (2,897     | )      |                               |   | 1,523      |                                                                |   |   | (1,328,908 | ) |
|                                                                        |   |                               |       |   |                               |   |       |                                                                |   |   |   |   |
| Financing Activities                                                        |   |                               |       |   |                               |   |       |                                                                |   |   |   |   |
| Proceeds from issuance of common stock                                      |   |                               | –    |   |                               |   | 132,282    |                                                                |   |   | 1,821,267 |   |
| Proceeds from issuance of preferred stock                                   |   |                               | –    |   |                               |   | –    |                                                                |   |   | 1,000,000 |   |
| Proceeds from notes payable                                                 |   |                               | 75,000     |   |                               |   | –    |                                                                |   |   | 727,022 |   |
| Repayment of notes payable                                                  |   |                               | –    |   |                               |   | –    |                                                                |   |   | (81,250 | ) |
| Proceeds from related parties                                               |   |                               | 81,472     |   |                               |   | –    |                                                                |   |   | 561,935 |   |
| Repayments to related parties                                               |   |                               | (39,780    | )      |                               |   | (45,000    | )                                                                   |   |   | (84,780 | ) |
| Cash from disposition of Pets Mobility                                      |   |                               | 709        |   |                               |   | –    |                                                                |   |   | 709 |   |
| Share issuance costs                                                        |   |                               | –    |   |                               |   | (8,000     | )                                                                   |   |   | (8,000 | ) |
|                                                                        |   |                               |       |   |                               |   |       |                                                                |   |   |   |   |
| Net Cash Provided By Financing Activities                                   |   |                               | 117,401    |   |                               |   | 79,282     |                                                                |   |   | 3,936,903 |   |
|                                                                        |   |                               |       |   |                               |   |       |                                                                |   |   |   |   |
| Effects of Exchange Rate Changes on Cash                                    |   |                               | 18,649     |   |                               |   | 36,213     |                                                                |   |   | 54,862 |   |
|                                                                        |   |                               |       |   |                               |   |       |                                                                |   |   |   |   |
| Net Cash Used in Discontinued Operations:                                   |   |                               |       |   |                               |   |       |                                                                |   |   |   |   |
|                                                                        |   |                               |       |   |                               |   |       |                                                                |   |   |   |   |
| Operating Activities                                                        |   |                               | –    |   |                               |   | –    |                                                                |   |   | (118,178 | ) |
| Investing Activities                                                        |   |                               | –    |   |                               |   | –    |                                                                |   |   | (661,509 | ) |
| Financing Activities                                                        |   |                               | –    |   |                               |   | –    |                                                                |   |   | 779,687 |   |
|                                                                        |   |                               |       |   |                               |   |       |                                                                |   |   |   |   |
|                                                                        |   |                               | –    |   |                               |   | –    |                                                                |   |   | – |   |
|                                                                        |   |                               |       |   |                               |   |       |                                                                |   |   |   |   |
| Increase (Decrease) in Cash                                                 |   |                               | 7,085      |   |                               |   | (152,304   | )                                                                   |   |   | 7,558 |   |
|                                                                        |   |                               |       |   |                               |   |       |                                                                |   |   |   |   |
| Cash - Beginning of Period                                                  |   |                               | 473        |   |                               |   | 152,777    |                                                                |   |   | – |   |
|                                                                        |   |                               |       |   |                               |   |       |                                                                |   |   |   |   |
| Cash - End of Period                                                        |   |                               | 7,558      |   |                               |   | 473        |                                                                |   |   | 7,558 |   |
|                                                                        |   |                               |       |   |                               |   |       |                                                                |   |   |   |   |
| Supplemental Disclosures                                                    |   |                               |       |   |                               |   |       |                                                                |   |   |   |   |
| Interest paid                                                               |   |                               | –    |   |                               |   | –    |                                                                |   |   | 1,250 |   |
| Income taxes paid                                                           |   |                               | –    |   |                               |   | –    |                                                                |   |   | – |   |

----

----

----

----

----

| ● | The Company entered into a convertible note (the “Note”) in the amount of $120,000 with a former director and officer of the Company (the “Director”), which is convertible into common stock at $0.10 per share at the option of the holder, and which was due in seven months. |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ● | The Company converted debt of $35,000 owed to a company owned and controlled by the Director, into 35,000,000 shares of common stock at a price of $0.001 per share. |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ● | The Company is to transfer all of its assets and debts, other than the Note and any debt owing to the Director or companies controlled by the Director, to its wholly owned subsidiary, Charity Tunes. As at October 31, 2010, the transfer to Charity Tunes had not occurred. |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ● | The Company shall raise a minimum of $150,000 through a direct offering of units registered on a Form S-1 at a price to be determined, with each unit comprised of one common share and one half share purchase warrant to purchase one common share at a price of $1.00 for a period of one year. As at October 31, 2010, the Company had not yet raised $150,000. |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ● | All notes payable by On4 in excess of $100,000 shall be converted to common shares at a price to be mutually agreed on by On4 and the specific creditor or receive a repayment extension of no less than six months and with an annual interest rate not to exceed 12%. As at October 31, 2010, none of the notes had been converted. |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ● | $150,000 shall be repaid to the Director towards the outstanding loans owed owing to the Director or companies controlled by the Director. (Not yet completed). |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ● | Upon receipt of the $150,000 payment, Charity Tunes shall be sold to Bacchus Filings Inc., a company controlled by the Director, in consideration for which Bacchus Filings Inc. shall assume the entire amount of loan owing to the Director, exclusive of the Note (amended below). |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ● | the Director will cancel all but 236,066 of the Company’s shares owned by the Director or companies controlled by the Director (amended below). |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                   |   |         |    |   |         |   |     | Accumulated from |   |
|----------------------------------------|--------|--------------|---------|--------|--------------|--------|----------|------------------|--------|
|                                   |   | For the Year |    |   | For the Year |   |     | June 5, 2006     |   |
|                                   |   | Ended        |    |   | Ended        |   |     | (Inception)      |   |
|                                   |   | October 31,  |    |   | October 31,  |   |     | To October 31,   |   |
|                                   |   | 2010$        |    |   | 2009$        |   |     | 2010$            |   |
|                                   |   |         |    |   |         |   |     |             |   |
| Revenue                                |   |         | 6,744   |   |         |   | –  |             |   |   | 6,744 |   |
|                                   |   |         |    |   |         |   |     |             |   |   |   |   |
| Expenses                               |   |         |    |   |         |   |     |             |   |   |   |   |
|                                   |   |         |    |   |         |   |     |             |   |   |   |   |
| Advertising and marketing              |   |         | – |   |         |   | –  |             |   |   | 44,748 |   |
| Amortization of property and equipment |   |         | – |   |         |   | 2,149    |             |   |   | 9,709 |   |
| Consulting fees                        |   |         | – |   |         |   | –  |             |   |   | 262,523 |   |
| Foreign exchange loss                  |   |         | – |   |         |   | –  |             |   |   | 27 |   |
| General and administrative             |   |         | 22,149  |   |         |   | 806      |             |   |   | 62,342 |   |
| Impairment of intangible assets        |   |         | – |   |         |   | 197,141  |             |   |   | 651,800 |   |
| Management fees                        |   |         | – |   |         |   | –  |             |   |   | 51,000 |   |
| Professional fees                      |   |         | – |   |         |   | –  |             |   |   | 28,802 |   |
| Research and development               |   |         | – |   |         |   | –  |             |   |   | 79,354 |   |
|                                   |   |         |    |   |         |   |     |             |   |   |   |   |
| Total Expenses                         |   |         | 22,149  |   |         |   | 200,096  |             |   |   | 1,190,305 |   |
|                                   |   |         |    |   |         |   |     |             |   |   |   |   |
| Operating Loss                         |   |         | (15,405 | )      |         |   | (200,096 | )                |   |   | (1,183,561 | ) |
|                                   |   |         |    |   |         |   |     |             |   |   |   |   |
| Other Income (Expenses)                |   |         |    |   |         |   |     |             |   |   |   |   |
|                                   |   |         |    |   |         |   |     |             |   |   |   |   |
| Loss on settlement of debt             |   |         | – |   |         |   | –  |             |   |   | (1,120 | ) |
| Interest and other income              |   |         | – |   |         |   | 224      |             |   |   | 3,166 |   |
|                                   |   |         |    |   |         |   |     |             |   |   |   |   |
| Net Loss from Discontinued Operations  |   |         | (15,405 | )      |         |   | (199,872 | )                |   |   | (1,181,515 | ) |

|       |   |   |   |   |         |   |    |       |   |   | October 31,  |   |   | October 31,  |    |
|------------|--------|--------|--------|--------|--------------|--------|---------|------------|--------|--------|--------------|--------|--------|--------------|---------|
|       |   |   |   |   |         |   |    |       |   |   | 2010         |   |   | 2009         |    |
|       |   |   |   |   | Accumulated  |   |    |       |   |   | Net Carrying |   |   | Net Carrying |    |
|       |   | Cost   |   |   | Amortization |   |    | Impairment |   |   | Value        |   |   | Value        |    |
|       |   | $      |   |   | $            |   |    | $          |   |   | $            |   |   | $            |    |
|       |   |   |   |   |         |   |    |       |   |   |         |   |   |         |    |
| Patents    |   |   | 58,262 |   |         |   | 18,138  |       |   |   | 40,124       |   |   |         | – |   |   |   | 47,078 |   |
| Trademarks |   |   | 19,701 |   |         |   | – |       |   |   | 19,701       |   |   |         | – |   |   |   | 19,701 |   |
|       |   |   | 77,963 |   |         |   | 18,138  |       |   |   | 59,825       |   |   |         | – |   |   |   | 66,779 |   |

----

|               |   |   |   |   |         |   |   | October 31,  |   |   | October 31,  |   |
|--------------------|--------|--------|--------|--------|--------------|--------|--------|--------------|--------|--------|--------------|--------|
|               |   |   |   |   |         |   |   | 2010         |   |   | 2009         |   |
|               |   |   |   |   | Accumulated  |   |   | Net Carrying |   |   | Net Carrying |   |
|               |   | Cost   |   |   | Amortization |   |   | Value        |   |   | Value        |   |
|               |   | $      |   |   | $            |   |   | $            |   |   | $            |   |
|               |   |   |   |   |         |   |   |         |   |   |         |   |
| Computer equipment |   |   | 22,344 |   |         |   | 20,842 |         |   |   | 1,502        |   |   |   | 6,727 |   |
| Office equipment   |   |   | 27,964 |   |         |   | 25,872 |         |   |   | 2,092        |   |   |   | 1,275 |   |
|               |   |   | 50,308 |   |         |   | 46,714 |         |   |   | 3,594        |   |   |   | 8,002 |   |

| a)  | On April 12, 2010, the Company settled $426,908 of amounts owing to a company with common management by issuing 6,098,685 shares of common stock with a fair value of $670,855. The Company recorded a loss on the settlement of debt of $243,947.  As at October 31, 2010, the Company owed $nil (2009 - $323,476) to a company with common management for advances of operating funds and services provided. This amount owing was unsecured, non-interest bearing and due on demand. |
|----------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| b)  | On April 12, 2010, the Company settled $346,352 of amounts owing to management and directors by issuing 4,947,885 shares of common stock with a fair value of $544,267. The Company recorded a loss on the settlement of debt of $197,915.  As at October 31, 2010, the Company owed $205,338 (2009 - $324,307) to management and directors for advance of operating funds and services provided on behalf of the Company. The amounts owing are unsecured, non-interest bearing, and due on demand. |
|----------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| c)  | On April 12, 2010, the Company settled $211,090 of amounts owing to management and directors by issuing 3,015,571 shares of the Company's common stock with a fair value of $331,714. The Company recorded a loss on the settlement of debt of $120,624.  As at October 31, 2010, the Company owed $121,711 (2009 - $187,565) to management and directors of the Company for advance of operating funds and services provided on behalf of the Company. The amounts owing were unsecured, with interest at 10% per annum. As at October 31, 2010, accrued interest of $nil (2009 - $37,446) is included in accrued interest payable. |
|----------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| d)  | On April 12, 2010, the Company settled $536,489 of amounts owing to a former officer and director, and companies controlled by the former officer and director, including the convertible note and interest described in Note 7(f), by transferring the Company's MyFanPro website to the related party.  As the website was carried at no value in the Company's books, the Company recorded a gain on the settlement of debt of $536,489.  As at October 31, 2010, the Company has notes payable of $nil (2009 - $364,712) to a related party that was bearing interest at 10% per annum. Interest was charged and was payable quarterly on any outstanding balance beginning on September 1, 2004 to February 29, 2008 (prior to that date the borrowings from the related parties were non-interest bearing). Commencing March 1, 2008, the notes were non-interest bearing, unsecured and were payable on demand. |
|----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| e)  | On July 28, 2010, the Company settled an additional $35,275 of amounts owing to companies controlled by the former officer and director by issuing 440,941 shares of common stock with a fair value of $13,227.  The Company recorded a gain on the settlement of debt of $22,048. |
|----------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| f)  | On April 30, 2009, the Company issued a convertible note to a former officer and director to secure $120,000 of amounts owed.  The note was non-interest bearing until maturity seven months after issuance. If the note was not repaid upon the maturity date, it bore interest at a rate of 20%, with interest accruing monthly. The note was convertible at any time into shares of the Company’s common stock at a price of $0.10 per share, at the option of the holder. In accordance with ASC 470-20, Debt with Conversion and Other Options, the Company recognized the intrinsic value of the embedded beneficial conversion feature of $12,000 as additional paid-in capital and an equivalent discount which was charged to operations over the term of the convertible debenture. The Company recorded accretion expense over the term of the convertible note up to its face value of $120,000. As at October 31, 2010, $12,000 (2009 - $10,218) had been accreted increasing the carrying value of the convertible note to $120,000. On April 30, 2010, the note and $120,000 of accrued interest was settled through the transfer of the Company's MyFanPro website to the noteholder. |
|----------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| g)  | On April 30, 2010, the Company settled $67,184 of amounts owed to companies controlled by a former officer and director of the Company by issuing 447,890 shares of the Company's common stock with a fair value of $85,099.  The Company recorded a loss on settlement of debt of $17,915. |
|----------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| h)  | Pursuant to the merger transaction, in April 2009, the Company issued 35,000,000 shares of common stock to settle debt of $35,000 owed to a Company controlled by an officer and director of the Company.  These shares were subsequently cancelled pursuant to the post merger agreement described in Note 3. |
|----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| i)  | During the year ended October 31, 2010, the Company incurred $135,000 (2009 - $135,000) of management fees to the former President of the Company. |
|----------|----------------------------------------------------------------------------------------------------------------------------------------------------|

|                                                                                                                                                                                                                                       |   | October 31,2010$ |    |   | October 31,2009$ |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------|---------|--------|------------------|--------|
|                                                                                                                                                                                                                                       |   |             |    |   |             |   |
| Bling Capital Corp., unsecured, non-interest bearing, and due on demand.                                                                                                                                                                   |   |             | 24,538  |   |             |   | 24,985 |   |
|                                                                                                                                                                                                                                       |   |             |    |   |             |   |   |   |
| McCann Family Holding Corporation, unsecured, due interest at 13% per annum, and due on demand. Original principal of $282,390 (Cdn$300,000) plus $56,478 (Cdn$60,000) of non-payment penalties for failure to repay the debt at due date. |   |             | – |   |             |   | 334,152 |   |
|                                                                                                                                                                                                                                       |   |             |    |   |             |   |   |   |
| Scottsdale Investment Corporation, unsecured, due interest at 12% per annum, and due on demand.                                                                                                                                            |   |             | 319,980 |   |             |   | 400,000 |   |
|                                                                                                                                                                                                                                       |   |             |    |   |             |   |   |   |
| Ed Aaronson, unsecured, due interest at 10% per annum, and due on demand.                                                                                                                                                                  |   |             | 115,000 |   |             |   | 115,000 |   |
|                                                                                                                                                                                                                                       |   |             |    |   |             |   |   |   |
| Troy Rice, unsecured, due interest at 10% per annum, and due on demand.                                                                                                                                                                    |   |             | 7,500   |   |             |   | 7,500 |   |
|                                                                                                                                                                                                                                       |   |             |    |   |             |   |   |   |
|                                                                                                                                                                                                                                       |   |             | 467,018 |   |             |   | 881,637 |   |

| a)  | On February 2, 2010, the Company issued a convertible note to secure an outstanding $75,000 loan payable.  The note bears interest at a rate of 10% per annum and may be converted at any time into shares of the Company’s common stock at a price of $0.05 per share, at the option of the holder.  In accordance with ASC 470-20, Debt with Conversion and Other Options, the Company recognized the intrinsic value of the embedded beneficial conversion feature of $75,000 as additional paid-in capital and an equivalent discount which will was charged to operations over the term of the convertible debenture. The Company recorded accretion expense over the term of the convertible note up to its face value of $75,000. On April 12, 2010, the note was converted into 1,500,000 shares of the Company's common stock. |
|----------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| b)  | McCann Family Holding Corporation (“McCann”) filed a lawsuit against the Company for the repayment of the promissory notes dated May 7 and May 22, 2008. The Company defended the lawsuit on the basis that the funds were not due because they were in fact advanced to and utilized by a company related to McCann, even though the Company executed the promissory notes. McCann applied to the courts for a summary judgement and the Company opposed that application. On June 7, 2010, McCann and the Company entered into a mutual release and settlement agreement to discontinue the action and all liabilities.  As a result, the Company recorded a gain on the settlement of debt of $444,262 for the $354,384 (Cdn$360,000) of notes payable and $89,878 (Cdn$90,790) of accrued interest. |
|----------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| c)  | On June 28, 2010, the Company settled $80,020 of notes owing payable and $15,004 of accrued interest owing to Scottsdale Investment Corporation by issuing 1,900,472 shares of common stock. |
|----------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| a)  | On February 3, 2010, pursuant to the post merger agreement described in Note 3, a former officer and director and a company controlled by the former officer and director returned for cancellation 52,223,931 shares of common stock for no proceeds. |
|----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| b)  | On April 12, 2010, the Company issued 1,500,000 shares of common stock upon the conversion of a $75,000 note payable, as described in Note 8(a). |
|----------|--------------------------------------------------------------------------------------------------------------------------------------------------|

| c)  | On April 12, 2010, the Company settled $984,350 of amounts owing to related parties by issuing 14,062,141 shares of common stock. The Company recorded a loss on the settlement of debt of $562,486.  Refer to Notes 7(a), (b) and (c). |
|----------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| d)  | On April 30, 2010, the Company settled $67,184 of amounts owed to companies controlled by a former officer and director of the Company by issuing 447,890 shares of common stock.  The Company recorded a loss on settlement of debt of $17,915. Refer to Note 7(g). |
|----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| e)  | On April 30, 2010, a company controlled by the President of the Company acquired certain assets from the Company's wholly owned subsidiary PetsMobility in consideration for the return and cancellation of 2,000,000 shares of common stock. Refer to Note 4. |
|----------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| f)  | On June 28, 2010, the Company issued 1,900,472 shares of common stock to settle $95,024 of outstanding notes payable.  Refer to Note 8(c). |
|----------|------------------------------------------------------------------------------------------------------------------------------------------------------|

| g)  | On July 28, 2010, the Company issued 440,941 shares of common stock to settle $35,275 of amounts owing to companies controlled by the former officer and director. The Company recorded a gain on the settlement of debt of $22,047.  Refer to note 7(e). |
|----------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| h)  | On August 31, 2010, the Company issued 2,000,000 shares of common stock with a fair value of $300,000 for consulting services. |
|----------|--------------------------------------------------------------------------------------------------------------------------------|

| i)  | On October 5, 2010, the Company issued 600,000 shares of common stock with a fair value of $108,000 for consulting services. |
|----------|------------------------------------------------------------------------------------------------------------------------------|

| j)  | At October 31, 2009, the Company has agreed to issue 220,000 common shares for consulting services with a fair value of $70,000. |
|----------|----------------------------------------------------------------------------------------------------------------------------------|

| k)  | During the year ended October 31, 2009, the Company issued 661,410 units at $0.20 per share for proceeds of $132,282.  Each unit consisted of one common share and one half share purchase warrant exercisable at $0.90 per share up to July 24, 2011. In connection with the issuance, the Company paid finders’ fees of $8,000. |
|----------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| l)  | On October 12, 2009, the Company issued 3,000,000 common shares at a fair value of $2,130,000 for the acquisition of assets of Pets911.com and acquisition costs of $15,000.   |
|----------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| m)  | In May 2009, the Company converted 2,000,000 preferred shares into 4,000,000 common shares of the Company at a rate of two common shares for each preferred share. |
|----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| n)  | In May 2009, the Company issued 68,258,478 common shares with a fair value of $2,661,689 for the acquisition of Sound Revolution Inc.  Refer to Note 3. |
|----------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| o)  | In April 2009, the Company issued 333,888 common shares to the preferred shareholders to settle the dividend payable of $83,472. |
|----------|----------------------------------------------------------------------------------------------------------------------------------|

| p)  | In March 2009, the Company issued 100,000 shares of common stock at a fair value of $50,000 to the Company’s Chief Financial Officer pursuant to a consulting agreement. |
|----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                                  |   | Number of Warrants |      |   | Exercise Price$ |   |
|-------------------------------------------------------|--------|--------------------|-----------|--------|-----------------|--------|
|                                                  |   |               |      |   |            |   |
| Balance – October 31, 2008                      |   |               | 1,378,000 |   |            |   | 0.50 |   |
|                                                  |   |               |      |   |            |   |   |   |
| Issued                                                |   |               | 408,705   |   |            |   | 0.82 |   |
|                                                  |   |               |      |   |            |   |   |   |
| Balance – October 31, 2009 and October 31, 2010 |   |               | 1,786,705 |   |            |   | 0.57 |   |

| Number of Warrants | Exercise Price | Expiry Date       |
|--------------------|----------------|-------------------|
| 1,300,000          | $0.50          | July 23, 2012     |
| 78,000             | $0.50          | February 28, 2013 |
| 78,000             | $0.50          | February 28, 2013 |
| 330,705            | $0.90          | July 24, 2011     |
|               |           |              |
| 1,786,705          |           |              |

----

|                          |   | Number ofOptions |      |   | Weighted Average Exercise Price$ |   |   | WeightedAverageRemainingContractualLife (years) |   |   |   AggregateIntrinsic Value$ |   |
|-------------------------------|--------|------------------|-----------|--------|----------------------------------|--------|--------|-------------------------------------------------|--------|--------|--------------------------------------------|--------|
|                          |   |             |      |   |                             |   |   |                                            |   |   |                                       |   |   |   |
| Outstanding, October 31, 2008 |   |             | 775,000   |   |                             |   | 0.82   |                                            |   |   |                                       |   |   |   |   |   |
|                          |   |             |      |   |                             |   |   |                                            |   |   |                                       |   |   |   |   |   |
| Forfeited                     |   |             | (150,000  | )      |                             |   | 1.00   |                                            |   |   |                                       |   |   |   |   |   |
|                          |   |             |      |   |                             |   |   |                                            |   |   |                                       |   |   |   |   |   |
| Outstanding, October 31, 2009 |   |             | 625,000   |   |                             |   | 0.78   |                                            |   |   |                                       |   |   |   |   |   |
|                          |   |             |      |   |                             |   |   |                                            |   |   |                                       |   |   |   |   |   |
| Granted                       |   |             | 2,000,000 |   |                             |   | 0.15   |                                            |   |   |                                       |   |   |   |   |   |
|                          |   |             |      |   |                             |   |   |                                            |   |   |                                       |   |   |   |   |   |
| Outstanding, October 31, 2010 |   |             | 2,625,000 |   |                             |   | 0.30   |                                            |   |   | 4.96                                       |   |   |   | – |   |

|                         |   | Number of Options |       |   | Weighted AverageGrant DateFair Value$ |   |
|------------------------------|--------|-------------------|------------|--------|---------------------------------------|--------|
|                         |   |              |       |   |                                  |   |
| Non-vested, October 31, 2008 |   |              | 300,000    |   |                                  |   | 1.00 |   |
| Forfeited                    |   |              | (150,000   | )      |                                  |   | 1.00 |   |
| Vested                       |   |              | (150,000   | )      |                                  |   | 1.00 |   |
|                         |   |              |       |   |                                  |   |   |   |
| Non-vested, October 31, 2009 |   |              | –    |   |                                  |   | – |   |
| Granted                      |   |              | 2,000,000  |   |                                  |   | 0.19 |   |
| Vested                       |   |              | (1,750,000 | )      |                                  |   | 0.19 |   |
|                         |   |              |       |   |                                  |   |   |   |
| Non-vested, October 31, 2010 |   |              | 250,000    |   |                                  |   | 0.19 |   |

| Number of Options | Exercise Price$ | Expiry Date       |
|-------------------|-----------------|-------------------|
|              |            |              |
| 275,000           | 0.50            | July 23, 2017     |
| 350,000           | 1.00            | December 18, 2017 |
| 2,000,000         | 0.15            | March 3, 2015     |
|              |            |              |
| 2,625,000         |            |              |

----

| a)  | On February 23, 2010, the Company entered into a trademark license agreement (the “Agreement”)  Pursuant to the Agreement, the Company was granted an exclusive license to use certain trademarks and trade names on the Company’s hardware, software and services that provide tracking and location monitoring for people, animals and property of any other nature, but excluding firearms and related accessories, as well as existing licensed products and services of the Company, including but not limited to GPS, E911, A-GPS, radio frequency, beacon technology. Other applications that are covered under the Trademark License Agreement also include offenders monitoring, elderly, medical, teens and children tracking, public safety officers, executives, cars, tracks, motorcycles, aircrafts, boats, personal watercrafts, ATV’s, equipment, cargo, tools, trailers, electronic equipment, retail goods, and consumer goods in transit. The licensed territory includes the United States, Canada and Mexico.  The Agreement expires on February 1, 2015. |
|----------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | TheCompany must pay a royalty of net sales and incurred a non-refundable advance against royalties of $5,000.  The Company must pay guaranteed royalties with 25% of each royalty for the year due at the end of each calendar quarter.  Further, the Company has agreed to spend an amount equal to at least 2% of all net sales of the licensed products during each contract year for promotional activities |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| b)  | On May 7, 2010, the Company entered into an agreement with a consultant who will provide consulting services for a period of 12 months in consideration for 2,000,000 shares of the Company’s common stock and 1.5% of the commitment amount of any senior, asset based indebtedness and 6% of the face amount of any non-asset based indebtedness as part of a transaction arranged by the consultant. As at October 31, 2010, the common shares have been issued. |
|----------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                          |   | On4 Communications$ |       |   | Sound Revolution$ |   |     | CharityTunes$ |   |   | Total$  |   |
|-------------------------------|--------|---------------------|------------|--------|-------------------|--------|----------|---------------|--------|--------|---------|--------|
|                          |   |                |       |   |              |   |     |          |   |   |    |   |
| Revenues                      |   |                | –    |   |              |   | –  |          |   |   | 204,120 |   |   |   | 204,120 |   |
|                          |   |                |       |   |              |   |     |          |   |   |    |   |   |   |   |   |
| Gross profit                  |   |                | –    |   |              |   | –  |          |   |   | 110,239 |   |   |   | 110,239 |   |
|                          |   |                |       |   |              |   |     |          |   |   |    |   |   |   |   |   |
| Depreciation and amortization |   |                | 11,248     |   |              |   | 2,892    |          |   |   | 119     |   |   |   | 14,259 |   |
|                          |   |                |       |   |              |   |     |          |   |   |    |   |   |   |   |   |
| Interest expense              |   |                | 222,352    |   |              |   | 121,782  |          |   |   | – |   |   |   | 344,134 |   |
|                          |   |                |       |   |              |   |     |          |   |   |    |   |   |   |   |   |
| Net income (loss)             |   |                | (2,352,914 | )      |              |   | (123,518 | )             |   |   | 83,001  |   |   |   | (2,393,431 | ) |
|                          |   |                |       |   |              |   |     |          |   |   |    |   |   |   |   |   |
| Total assets                  |   |                | 9,651      |   |              |   | 1,409    |          |   |   | 92      |   |   |   | 11,152 |   |

|                          |   | On4 Communications$ |       |   | Sound Revolution$ |   |    | CharityTunes$ |   |   |  Total$ |   |
|-------------------------------|--------|---------------------|------------|--------|-------------------|--------|---------|---------------|--------|--------|--------------|--------|
|                          |   |                |       |   |              |   |    |          |   |   |         |   |
| Revenues                      |   |                | –    |   |              |   | – |          |   |   | 18,746       |   |   |   | 18,746 |   |
|                          |   |                |       |   |              |   |    |          |   |   |         |   |   |   |   |   |
| Gross profit                  |   |                | –    |   |              |   | – |          |   |   | 15,397       |   |   |   | 15,397 |   |
|                          |   |                |       |   |              |   |    |          |   |   |         |   |   |   |   |   |
| Depreciation and amortization |   |                | 18,132     |   |              |   | 814     |          |   |   | 30           |   |   |   | 18,976 |   |
|                          |   |                |       |   |              |   |    |          |   |   |         |   |   |   |   |   |
| Interest expense              |   |                | 114,225    |   |              |   | – |          |   |   | –      |   |   |   | 114,225 |   |
|                          |   |                |       |   |              |   |    |          |   |   |         |   |   |   |   |   |
| Net loss                      |   |                | (5,168,348 | )      |              |   | (62,617 | )             |   |   | 10,118       |   |   |   | (5,220,847 | ) |
|                          |   |                |       |   |              |   |    |          |   |   |         |   |   |   |   |   |
| Total assets                  |   |                | 1,245,010  |   |              |   | 4,527   |          |   |   | 93,076       |   |   |   | 1,342,613 |   |

----

|                            |   | 2010$  |       |   | 2009$  |   |
|---------------------------------|--------|--------|------------|--------|--------|--------|
|                            |   |   |       |   |   |   |
| Net loss before taxes           |   |   | (2,408,836 | )      |   |   | (5,420,719 | ) |
| Statutory rate                  |   |   | 34         | %      |   |   | 34 | % |
|                            |   |   |       |   |   |   |   |   |
| Expected tax recovery           |   |   | 819,004    |   |   |   | 1,843,045 |   |
| Permanent differences and other |   |   | (300,657   | )      |   |   | (1,493,921 | ) |
| Change in valuation allowance   |   |   | (518,347   | )      |   |   | (349,124 | ) |
|                            |   |   |       |   |   |   |   |   |
| Income tax provision            |   |   | –    |   |   |   | – |   |

|                                 |   | 2010$  |       |   | 2009$  |   |
|--------------------------------------|--------|--------|------------|--------|--------|--------|
|                                 |   |   |       |   |   |   |
| Net operating losses carried forward |   |   | 2,376,376  |   |   |   | 1,858,029 |   |
| Valuation allowance                  |   |   | (2,376,376 | )      |   |   | (1,858,029 | ) |
|                                 |   |   |       |   |   |   |   |   |
| Net deferred tax asset               |   |   | –    |   |   |   | – |   |

| Period Incurred | Net Operating Loss$ | Expiry Date |
|-----------------|---------------------|-------------|
|            |                |        |
| 2006            | 282,206             | 2026        |
| 2007            | 2,168,732           | 2027        |
| 2008            | 1,987,017           | 2028        |
| 2009            | 1,026,834           | 2029        |
| 2010            | 1,524,551           | 2030        |
|            |                |        |
|            | 6,989,340           |        |

----

| Period Incurred | Net Operating Loss$ | Expiry Date |
|-----------------|---------------------|-------------|
|            |                |        |
| 2006            | 282,206             | 2026        |
| 2007            | 2,168,732           | 2027        |
| 2008            | 1,987,017           | 2028        |
| 2009            | 1,026,834           | 2029        |
| 2010            | 1,524,551           | 2030        |
|            |                |        |
|            | 6,989,340           |        |

----

Item 9.  Changes In and Disagreements with Accountants on Accounting and Financial Disclosure

Item 9A(T).  Controls and Procedures

| 1. | Certain entity level controls establishing a “tone at the top” were considered material weaknesses. We do not have a majority of independent directors and our audit committee is comprised of a sole member, who is an executive officer. We do not have a policy on fraud.  A whistleblower policy is not necessary given our small size. We do not have a code of ethics. |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | There is a lack of monitoring of internal control as we are in the development stage and have limited resources. |
|----|------------------------------------------------------------------------------------------------------------------|

| 3. | There is no segregation of duties as we have no employees. The potential for management override exists as our executive officers oversee all aspects of our operations. The lack of independent directors exercising an oversight role further increases the risk of management override. |
|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4. | During our audit, there were a significant number of audit adjustments noted, which indicates a material weakness in our financial reporting process and maintenance of our general ledger. |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

Item 9B.  Other Information

----

PART III

Item 10.  Directors, Executive Officers and Corporate Governance

| Name         | Age | Position                                                                                 |
|--------------|-----|------------------------------------------------------------------------------------------|
| Cameron Robb | 40  | Chief Executive Officer, Chief Financial Officer, Principal Accounting Officer, Director |
| Gord Jessop  | 51  | President, Chief Operating Officer                                                       |

----

| ● | 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; |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ● | any conviction in a criminal proceeding or being subject to a pending criminal proceeding (excluding traffic violations and other minor offences); |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------|

| ● | 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; |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ● | being found by a court of competent jurisdiction (in a civil action), the SEC 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; |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ● | any judicial or administrative proceedings resulting from involvement in mail or wire fraud or fraud in connection with any business activity; |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------|

| ● | and judicial or administrative proceedings based on violations of federal or state securities, commodities, banking or insurance laws and regulations, or any settlement to such actions; or |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ● | any disciplinary sanctions or orders imposed by a stock, commodities or derivatives exchange or other self-regulatory organization. |
|---------|-------------------------------------------------------------------------------------------------------------------------------------|

----

Item 11. Executive Compensation

| Nameand PrincipalPosition | Fiscal Year | Salary($) | Total($) |
|---------------------------|-------------|-----------|----------|
| Cameron Robb (1)          | 2010        | 135,000   | 135,000  |
| 2009                      | 120,000     | 120,000   |

| (1) | Cameron Robb has served as our Chief Executive Officer since September 21, 2009; our Chief Financial Officer and Principal Accounting Officer since April 15, 2010; and our director since May 1, 2009. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

Item 12.  Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

| Title of Class                             | Name and Address ofBeneficial Owner                                                    | Amount and Nature of Beneficial Ownership | Percent ofClass |
|--------------------------------------------|----------------------------------------------------------------------------------------|-------------------------------------------|-----------------|
| Common Stock                               | Cameron Robb (1)15615 N. 71st StreetScottsdale, AZ 85254                               | 15,107,755 (2)                            | 22,69           |
| Common Stock                               | Gord Jessop (3)140 – 12500 Horseshoe WayRichmond, British ColumbiaCanada V7A 5K2 | 8,648,271                                 | 12.98           |
| All Officers and Directors as a Group | 23,756,026                                                                             | 35,67                                     |
| Common Stock                               | On4 Communications Inc. (1)                                                            | 13,092,184                                | 19.66           |

| (1) | Cameron Robb is our Chief Executive Officer, Chief Financial Officer, Principal Accounting Officer and director. Mr. Robb is also the sole officer and director on On4 Canada. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | Includes 13,092,184 shares owned by On4 Canada, a company over which Mr. Robb has sole voting and investment power. |
|-----|---------------------------------------------------------------------------------------------------------------------|

| (3) | Gord Jessop is our President and Chief Operating Officer. |
|-----|-----------------------------------------------------------|

----

Item 13.  Certain Relationships and Related Transactions, and Director Independence

----

Item 14.  Principal Accounting Fees and Services

| Saturna Group Chartered Accountants LLP          |   |
|--------------------------------------------------|--------|
| Period from November 1, 2009 to October 31, 2010 |   |
| Audit fees                                       |   |   |   |   | $  | 33,500 |   |
| Audit-related fees                               |   |   |   |   | $  |   | 0 |   |
| Tax fees                                         |   |   |   |   | $  |   | 0 |   |
| All other fees                                   |   |   |   |   | $  |   | 0 |   |
| Total                                            |   |   |   |   | $  | 33,500 |   |

| Saturna Group Chartered Accountants LLP          |   |
|--------------------------------------------------|--------|
| Period from November 1, 2008 to October 31, 2009 |   |
| Audit fees                                       |   |   |   |   | $  |   | 27,500 |   |
| Audit-related fees                               |   |   |   |   | $  |   | 0 |   |
| Tax fees                                         |   |   |   |   | $  |   | 0 |   |
| All other fees                                   |   |   |   |   | $  |   | 0 |   |
| Total                                            |   |   |   |   | $  |   | 27,500 |   |

----

PART IV

Item 15.  Exhibits, Financial Statement Schedules

| Exhibit Number | Exhibit Description                                                                                                                                                                                                              |
|----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.1           | Promotion Agreement between Charity Tunes Inc. and ConAgra Foods Canada Inc. dated November 27, 2009 (1)                                                                                                                         |
| 10.2           | Asset Purchase Agreement between On4 Communications, Inc. and On4 Communications Inc. (Canada) dated April 29, 2010 (2)                                                                                                          |
| 10.3           | Asset Purchase Agreement between On4 Communications, Inc., Charity Tunes Inc., Bacchus Filings Inc., Bacchus Entertainment Ltd. and Penny Green dated April 30, 2010 (2)                                                         |
| 10.4           | Debt Conversion Agreement between On4 Communications, Inc. and Cameron Robb dated April 12, 2010 (2)                                                                                                                             |
| 10.5           | Debt Conversion Agreement between On4 Communications, Inc. and Gord Jessop dated April 11, 2010 (2)                                                                                                                              |
| 10.6           | Debt Conversion Agreement between On4 Communications, Inc. and On4 Communications Inc. (Canada) dated April 12, 2010 (2)                                                                                                         |
| 10.7           | Consulting Agreement between On4 Communications, Inc. and Southwest Capital Partners, LCC dated May 7, 2010 (3)                                                                                                                  |
| 10.8           | Amendment to Asset Purchase Agreement between On4 Communications, Inc. and On4 Communications Inc. (Canada) dated October 29, 2010                                                                                               |
| 31.1           | Certification of the Chief Executive Officer and Chief Financial Officer pursuant to Rule 13a-14(a) or 15d-14(a) under the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 |
| 32.1           | Certification of the Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002                                                        |

| (1)  | Included as an exhibit to our Current Report on Form 8-K filed on December 3, 2009. |
|-----------|-------------------------------------------------------------------------------------|

| (2)  | Included as an exhibit to our Quarterly Report on Form 10-Q filed on June 22, 2010. |
|-----------|-------------------------------------------------------------------------------------|

| (3)  | Included as an exhibit to our Current Report on Form 8-K filed on September 1, 2010. |
|-----------|--------------------------------------------------------------------------------------|

----

|  Date: March 18, 2011 | ON4 COMMUNICATIONS, INC. |
|----------------------------|--------------------------|
|                       |                     |   |
|                       | By:                      | /s/ Cameron Robb |
|                       |                     | Cameron Robb |
|                       |                     | Chief Executive Officer, Chief Financial Officer, Principal Accounting Officer, Director |

| SIGNATURE        |   | TITLE                                                                                    |   | DATE           |
|------------------|--------|------------------------------------------------------------------------------------------|--------|----------------|
|             |   |                                                                                     |   |           |
|             |   |                                                                                     |   |           |
| /s/ Cameron Robb |   | Chief Executive Officer, Chief Financial Officer, Principal Accounting Officer, Director |   | March 18, 2011 |
| Cameron Robb     |   |                                                                                     |   |           |
|             |   |                                                                                     |   |           |
| /s/ Gord Jessop  |   | President, Chief Operating Officer                                                       |   | March 18, 2011 |
| Gord Jessop      |   |                                                                                     |   |           |