**UNITED
      STATES SECURITIES AND EXCHANGE COMMISSION**


**Washington,
      D.C. 20549**


**FORM
      10-KSB**





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





For
      the
      fiscal year ended December 31, 2005





Commission
      file number 000-50968





**Ready
      Credit Corporation**




**Nevada**
            **20-1667449**State
                of Incorporation
            I.R.S.
                Employer Identification
                No.




800
      Nicollet Mall, Suite 2690


Minneapolis,
      MN 55402


(Address
      of principal executive offices)





612-338-8948


(Issuer’s
      telephone number)




Securities
      registered under Section 12(g) of the Exchange Act: common stock, par value
      $.01





Check
      whether the issuer (1) filed all reports required to be filed by Section 13
      or
      15(d) of the Securities Exchange Act of 1934 during the past 12 months (or
      for
      such shorter period that the registrant was required to file such reports),
      and
      (2) has been subject to such filing requirements for the past 90 days.





Yes x No o





Check
      if
      there is no disclosure of delinquent filers in response to Items 405 of
      Regulation S-B in this form, and no disclosure will be contained, to the best
      of
      registrant’s knowledge, in definitive proxy or information statements
      incorporated by reference in Part III of the Form 10-KSB or any amendment to
      this Form 10-KSB. o




Indicate
      by checkmark whether the registrant is a shell company (as defined in Rule
      12b-2
      of the Exchange Act) Yes o No
x





The
      Company’s revenues from operations for the fiscal year ended December 31, 2005
      totaled $0.





The
      aggregate market value of the common stock held by nonaffiliates of the
      registrant as of February 1, 2006 was approximately $5,925,000 based on the
      average of the closing bid and asked price of the registrant’s common stock on
      such date . The
      number of shares outstanding of the registrant’s common stock, as of February 1,
      2006 was 8,350,000.





Transitional
      Small Business Issuer Format (Check One):





Yes
o No
      x














**READY
      CREDIT CORPORATION**


**TABLE
      OF CONTENTS**




PagePART
                I
            
            2Item
                1.
            Description
                of Business
            2Item
                2.
            Description
                of Property
            11Item
                3.
            Legal
                Proceedings
            12Item
                4.
            Submission
                of Matters to a Vote of Security Holders
            12PART
                II
            
            12Item
                5.
            Market
                for Common Equity and Related Stockholder Matters
            12Item
                6.
            Management’s
                Discussion and Analysis or Plan of Operation
            13Item
                7.
            Financial
                Statements
            16Item
                8.
            Changes
                In and Disagreements With Accountants on Accounting and Financial
                Disclosure
            28Item
                8A.
            Controls
                and Procedures
            28Item
                8B.
            Other
                Information
            28PART
                III
            
            29Item
                9.
            Directors,
                Executive Officers, Promoters and Control Persons; Compliance With
                Section
                16(a) of the Exchange Act
            29Item
                10.
            Executive
                Compensation
            30Item
                11.
            Security
                Ownership of Certain Beneficial Owners and Management
            32Item
                12.
            Certain
                Relationships and Related Transactions
            34Item
                13.
            Exhibits
            35Item
                14.
            Principal
                Accountant Fees and Services
            36


1


This
      annual report on Form 10-KSB contains certain statements that are
“forward-looking statements” under Section 27A of the Securities Act of 1933 and
      Section 21E of the Securities Exchange Act of 1934, and includes, among other
      things, discussions of the Company’s business strategies, future operations and
      capital resources. Words such as, but not limited to, “may,” “likely,”
“anticipate,” “expect” and “believes” indicate forward-looking statements.
      Although the Company believes that the expectations reflected in such
      forward-looking statements are generally reasonable, it can give no assurance
      that such expectations will ultimately prove to be correct. Generally, these
      statements relate to business plans and strategies, projected or anticipated
      benefits or other consequences of market conditions and opportunities, business
      plans or strategies, projections involving anticipated sales and revenues,
      expenses, projected future earnings and other aspects of operational results.
      All phases of the Company’s operations are subject to a number of uncertainties,
      risks and other influences, most of which are outside the Company’s control, and
      any one or combination of which could materially and adversely affect the
      results of the Company’s operations, and also, could affect whether any such
      forward-looking statements contained in this annual report ultimately prove
      to
      be accurate. Important factors that could cause actual results to differ
      materially from the Company’s expectations are summarized above, as well as in
      the section of this annual report captioned “Risk Factors.” The forward-looking
      statements contained in this annual report are made as of the date of this
      report, and the Company assumes no obligation to update the forward-looking
      statements or to update the reasons why actual results could differ from those
      contained in such forward-looking statements. Therefore, readers are cautioned
      not to put undue reliance on forward-looking statements.




**PART
      I**





**Item
      1.**  **Description
      of Business**





**Overview**





The
      Company intends to provide prepaid credit cards through convenient, easy to
      use
      self-service kiosks. Prepaid credit cards offer consumers a cost effective
      and
      flexible means of managing personal assets, paying bills and taking advantage
      of
      the millions of retail locations that accept credit cards.





**Our
      History**





Pursuant
      to an Amended and Restated Agreement and Plan of Merger dated as of May 3,
      2005
      (the “Merger Agreement”), by and among Ready Credit Corporation (f/k/a
      Thunderball Entertainment, Inc. and also f/k/a Philadelphia Mortgage Corp.,
      the
“Company” or “Ready Credit”), Philadelphia Mortgage Newco, Inc., a Minnesota
      corporation and wholly owned subsidiary of the Company (“Merger Subsidiary”),
      and Domino Entertainment, Inc., a Minnesota corporation (f/k/a Thunderball
      Entertainment, Inc., “Domino”), Merger Subsidiary merged with and into Domino,
      with Domino remaining as the surviving entity and a wholly owned operating
      subsidiary of the Company. The merger was effective as of May 13, 2005.




Prior
      to
      the merger and pursuant
      to the Merger Agreement, the Company cancelled 133,334 shares of common stock
      held by the Company’s pre-merger shareholders
      and issued 459,141 shares of restricted common stock to certain pre-merger
      shareholders. As a result ,
      there
      were 600,000 shares of Company
      common stock outstanding prior to the merger.  At
      the
      effective time of the merger, the legal existence of Merger Subsidiary ceased,
      and all 8,000,000 shares of common stock of Domino that were outstanding
      immediately prior to the merger and held by Domino’s shareholders were
      cancelled, with one share of common stock of Domino issued to the Company.
      Simultaneously, the former holders of Domino common stock received an aggregate
      of 8,000,000 shares of common stock of the Company, representing approximately
      93.0% of the Company’s common stock outstanding immediately after the Merger.





Generally
      accepted accounting principles in the United States of America generally require
      that the company whose shareholders retain a majority interest in a business
      combination be treated as the acquiror for accounting purposes. As a result,
      for
      accounting purposes, the merger was treated as a recapitalization of Domino
      rather than as a business combination. The assets and liabilities resulting
      from
      the reverse acquisition were the Domino assets and liabilities (at historical
      cost). There were no assets or liabilities on the Company’s books at the time of
      the merger. In addition, the Company’s fiscal year has been changed from January
      31 to December 31 to correspond with the fiscal year for Domino.





2


On
      May
      19, 2005, the Company changed its name from Philadelphia Mortgage Corp. to
      Thunderball Entertainment, Inc. through a short-form merger with Thunderball
      Entertainment, Inc., as permitted under Nevada law. On May 27, 2005 the Company
      changed the name of its wholly-owned subsidiary from Thunderball Entertainment,
      Inc. to Domino Entertainment, Inc. On August 17, 2005, the Company changed
      its
      name to Ready Credit Corporation as permitted under Nevada law.





The
      Company is a development stage company that has not generated any revenues
      to
      date.





**The
      Company**





The
      Company, now known as Ready Credit Corporation, is currently developing an
      easy-to-use self-service kiosk, the “ReadySTATION,” which we expect will
      dispense association branded prepaid credit cards. The Company intends to market
      the cards under the ReadyCARD brand. The anticipated primary activities of
      the
      Company are to: (i) secure high performing ReadCARD placement locations
      throughout the United States; (ii) market and support the card through a Company
      website; (iii) build a nationally recognized brand presence for “ReadyCARD”; and
      (iv) develop and market new services and programs for card holders.





The
      Company plans to secure high performing locations for the ReadySTATIONs,
      selected to target the Company’s intended customer demographic and meet
      site-traffic requirements. In this regard, the Company believes that its most
      likely customer will be the consumer who is underbanked or unbanked. In
      addition, the Company anticipates that placement locations will be located
      primarily in high traffic, heavy transaction volume businesses catering to
      the
      socioeconomic profile of the unbanked and underbanked consumer. Examples of
      locations that we believe will likely match our placement criteria include:
      convenience stores, grocery stores, check-cashing services, pawn shops and
      dollar stores. We hope to build a strong brand presence in our targeted
      geographic areas. Our goal is to achieve market saturation in targeted
      geographic areas where large concentrations of our potential customers live,
      work and shop.





The
      prepaid credit/debit market is projected to grow from annual expenditures of
      $33
      billion in 2004 to an estimated $223 billion in 2009 (Source: Pelorus Group,
      2004). Although there are currently a large number of prepaid credit/debit
      cards
      marketed in a variety of locations, the Company believes that it has developed
      a
      unique product solution to offer to consumers and location partners.
      Specifically, the Company believes the ReadyCARD will be the only association
      card that can be instantly acquired directly from a self-service kiosk. Once
      fully developed, we believe the privacy feature of our card will allow consumers
      to purchase a card without providing any personal information. The ReadyCARDs
      are also being designed such that they can be reloaded at any ReadySTATION.
      The
      Company believes that the ease of use of the ReadySTATION will appeal to a
      large
      number of customers who want a fast, hassle-free transaction.





The
      Company has entered into a contract with NCR Corporation to develop the
      ReadySTATION hardware and to develop the software for this device. NCR
      Corporation is widely recognized as an industry leader in the self-service
      kiosk
      industry. In addition, the Company has entered into a sponsorship agreement
      with
      Palm Desert National Bank to sponsor and issue our ReadyCARDSs. We are still
      in
      the process of finalizing agreements with card processing vendors to support
      the
      introduction of our ReadyCARDs.





The
      Company plans to install and test its first ReadySTATIONs in the second quarter
      of 2006. The Company intends to place approximately 20 stations in a variety
      of
      locations in Minnesota and Texas to measure card sales, reload frequency,
      customer profiles and other performance measures. Thereafter, we anticipate
      that
      the full roll-out of ReadySTATIONs will also begin during the second quarter
      of
      2006.





The
      Company anticipates that its revenues will be derived from card fees which
      include card issuance, reload, monthly participation, ATM usage, and a variety
      of other fees.





3


We
      expect
      to develop a number of other revenue-producing services and product offerings
      to
      make available to Ready Credit card holders as the business develops and the
      number of cardholders grows. For example, we expect to explore the possibilities
      of offering credit building reporting, insurance, long distance service,
      wireless services, tax preparation and micro and payday
      loans.





**Industry
      Background**





The
      growth and acceptance of a variety of prepaid cards began with long distance
      prepaid cards. Along with long distance prepaid cards, came wireless prepaid
      and
      gift card offerings. Gift cards have become widely accepted and used among
      all
      consumer demographic groups as a convenient means of purchasing goods and
      services. Nearly every major retailer or business chain selling to consumers
      now
      offers some type of gift card. The Pelorus Group estimates growth in the
      following prepaid market segments:





·
            wireless
                services growing from $1 billion in 1998 to $24 billion in 2007;


·
            gift
                cards growing from $61 billion in 2002 to $132 billion in 2007; and


·
            prepaid
                credit/debit cards growing from $33 billion in 2004 to $223 billion
                in
                2009.





The
      two
      main card systems utilized in the prepaid credit/debit card market are
“closed-loop” and “open-loop.” The “closed-loop” system can only be used for the
      issuers’ products or for limited purposes, such as prepaid gift cards at
      retailers like Barnes & Noble, Target or Old Navy. “Open-loop” systems offer
      consumers the ability to utilize their cards for multiple purposes, such as
      making purchases at a variety of stores or paying bills. Examples
      of open-loop cards in the marketplace today include payroll cards, general
      spending cards, government benefit program cards, child support cards, insurance
      claim cards, flexible savings account cards, and a large number of prepaid
      credit cards offered by banks and independent sales operators. Our ReadyCARD
      is
      designed to be an “open-loop” card system.





Because
      it is designed as a prepaid card, it is anticipated that the ReadyCARD will
      offer benefits over traditional account-based debit cards both to the Company
      and to the consumer. For the Company, with the card as it is currently designed,
      there will be no risk of overdrafts by consumers. For the consumer, the
      ReadyCARD is intended to provide all the immediate benefits that consumers
      of
      traditional debit cards enjoy, with the convenience of unsecured credit cards
      and bank account debit cards.





Industry
      leaders contend that prepaid products have not reached their full potential
      in
      combining different types of functionality and features. Ready Credit intends
      to
      offer the types of functionality listed as most innovative and needed for
      prepaid cards: reloadability and ease of acquisition.





Currently,
      most prepaid credit and debit cards are being marketed to the 20 to 66 million
      American households that are unbanked or underbanked. The unbanked and
      underbanked tend to be younger, lower income individuals. Many of the
      underbanked conduct their financial transactions outside of banks even though
      they may have a savings or checking account.








**Our
      Strategy**





The
      primary anticipated business strategy of Ready Credit Corporation is to gain
      card-holder customers and issue ReadyCARDs. The Company anticipates that the
      cards will be issued through two channels: the ReadySTATION and the Company’s
      website which will be located at www.myreadycard.com .





The
      Company plans to place the ReadySTATION in high traffic, high transaction
      locations. Such locations include grocery stores, convenience stores, dollar
      stores, check cashing locations and other locations frequented by the Company’s
      targeted customers. The Company intends to maintain title and ownership of
      the
      stations and pay all associated costs for the purchase, installation and
      maintenance of the stations. It is anticipated that the locations will not
      charge the Company for placement, but rather that the Company will pay the
      locations a portion of the fees charged for cards issued. The Company intends
      to
      establish a performance-based payment schedule whereby locations will have
      the
      ability to earn higher payments for greater card issuance results. The Company
      plans to provide on-site marketing support to the locations initially in the
      way
      of “greeters” or other trained personnel to assist consumers in understanding
      the benefits of the ReadyCARD and the operation of the ReadySTATION. It is
      anticipated that greeters will also help train location personnel. Greeter
      resources are planned to be deployed for specific time periods during the
      initial deployment to assist in building card issuance momentum and
      brand/product awareness. In addition, the Company intends to bolster consumer
      awareness of locations through marketing campaigns and promotions.





4


The
      Company also plans to host a user-friendly website which will issue ReadyCARDs.
      It is anticipated that visitors to the site will be able to purchase a card
      with
      another credit card or by mailing in a check or money order to the Company.
      The
      Company plans to index the website with all the major search engines. In
      addition, the Company plans to enter into bounty arrangements with other high
      traffic sites and pay for successful click through traffic that results in
      the
      purchase of a ReadyCARD.





The
      Company believes that its product advantages are ease of acquisition, convenient
      locations for card services, bill payment capability, card privacy,
      reloadability and remittance features. The overall brand image of “Ready Credit”
has been envisioned to embrace these advantages. As part of its strategy to
      issue cards and gain card holders, the Company intends to highlight the
      following advantages of its products:





·
            **Ease
                of Acquisition:**Any person with a minimum of $20 in cash can obtain a ReadyCARD.


·
            **Convenient
                Locations:**ReadySTATIONs will be located in a variety of types of locations
                in small
                geographic areas to ensure multiple easy access. Card holders will
                be able
                to acquire cards, reload cards and check card balance from any
                ReadySTATION.


·
            **Bill
                Payment:**The
                ReadyCARD will offer bill pay options. Because many card holders
                are
                Unbanked, the functionality of paying bills without using checking
                accounts or money orders is important.


·
            **Card
                Privacy:**It
                is anticipated that no personal information will be collected from
                consumers who acquire the card from the ReadySTATION. Card holders
                that
                wish to have a personalized card may call a 1-800 customer service
                number,
                supply a verifiable address and be issued a personalized card with
                their
                name on the card.


·
            **Reloadability:**The
                ability to reload cards at a variety of locations will increase the
                use,
                convenience and potentially the length of time card holders maintain
                their
                cards.


·
            **Remittance
                Features:**ReadyCARDs
                can help enable consumers to send money to friends and family in
                other
                countries.Duplicate
                cards can be issued and one card can be sent to family while the
                other
                card stays in the United States and is reloaded with additional
                funds.





**Marketing
      and Sales**





Our
      business plan involves building our ReadyCARD into a recognizable national
      brand
      through visible in-store ReadySTATION presence, promotions supported by our
      locations partners, a high traffic website and a large number of card
      holders.





The
      Company plans to establish in-store ReadySTATION locations through a variety
      of
      sales channels, including: (i) partnering with large retail companies that
      control a large number of locations nationwide; (ii) partnering with regional
      retail companies that control locations based in states or regions; and (iii)
      targeting sales efforts towards single locations and franchises. The Company
      intends to build an internal sales organization to call on and support all
      sales
      channels.




The
      anticipated focus of the Company’s internal sales organization is to find high
      performing locations (locations that issue cards that meet or exceed our revenue
      goals) and to establish relationships with a variety of businesses that allow
      the Company to reach our desired customers effectively. The Company plans to
      concentrate its marketing efforts on building awareness of the ease of
      acquisition of credit and the convenience of the ReadyCARD. It is anticipated
      that in-store support of card issuance will be achieved through trained store
      personnel and contracted marketing individuals who will engage prospective
      customers, describe the benefits and features of the ReadyCARD and demonstrate
      or assist customers in acquiring a new card. The Company plans to print all
      product literature and brochures in English and Spanish and make such literature
      available at all locations at the check-out counter as well as at the
      ReadySTATION.





5


Anticipated
      location placement will be in socio-economic and demographic areas with a high
      concentration of unbanked and underbanked individuals. The Company anticipates
      having ReadySTATIONs in varied types of locations including convenience stores,
      grocery stores, check cashing businesses, dollar stores and other locations
      matching our criteria, with a focus on high drive traffic areas. The Company’s
      goal is to establish locations such that consumers will be able to acquire
      a
      ReadyCARD and reload their card at a variety of convenient locations in their
      neighborhood. The Company intends to focus its initial location placements
      in
      states with the highest concentration of consumers that match our desired
      profile. From our initial research, these states include: California, Texas,
      Florida and Arizona. In addition, the Company plans to target select geographic
      areas of Minnesota. Expansion beyond these initial states will be determined
      based on location partnerships and our gained understanding of the market.





The
      Company website, www.myreadycard.com ,
      is
      intended to be an easy to navigate, comprehensive resource for prospective
      customers existing card holders, and ReadySTATION location merchants. The
      website is designed such that consumers will be able to learn about the benefits
      of the ReadyCARD, acquire a card online, access card terms and conditions,
      check
      their card balance, reload their card, find the nearest ReadySTATION location
      by
      zip code, check their card purchase history or send an inquiry to customer
      service. The Company plans to index the website with all of the major Internet
      search engines and enter into select online advertising
      arrangements.





**Competition**





The
      prepaid credit card market is a relatively new market. There are a large number
      of companies providing cards and services to this market with new entries into
      the market almost daily. To date, all companies appear to be targeting the
      same
      demographic - underbanked and unbanked - and doing so in the same manner. For
      instance, nearly all companies are offering cards that are available online
      or
      at retailer locations. In all cases researched by the Company, these cards
      required individuals to supply personal information before obtaining the card.
      In most cases, new card customers receive their cards in the mail in one to
      two
      weeks after applying. While the Company was unable to find any company that
      offers an “instant issue” card through a self-service kiosk, the Company has
      identified a number of prepaid cards that may emerge as our main competitors:





·
            Eufora,www.eufora.com.
                The Eufora card is primarily marketed online and is issued by
                BankFirst.


·
            UniRush
                Financial Services,www.rushcard.com.
                The Rush card is primarily marketed through online and is issued
                by
                Manufacturers and Traders Trust Company.


·
            Purpose
                Solutions, LLC,www.purposecard.com.
                The Purpose card is primarily marketed through online and in select
                retail
                locations. The card is issued by KeyBank National Association.


·
            CashPass
                Network,www.cashpass.com.
                The CashPass card is primarily marketed through pawn shop locations
                and is
                issued by MetaBank.


·
            Other
                competitors that may enter the prepaid market are banks such as Bank
                of
                America, CitiBank, U.S. Bank and other large banks that today issue
                traditional unsecured credit cards.





**Intellectual
      Property**





The
      Company believes that there are a number of aspects of the process and
      technology with regards to prepaid debit cards to be issued through its
      ReadySTATION that may be patentable, and is investigating the feasibility of
      pursuing patent protections. The Company is also pursuing trademark registration
      for several of the names that it intends to use in its business.





**Employees**





As
      of
      March 1, 2006, we had three full-time employees, including our Chief Executive
      Officer. We utilize a consultant as our Chief Financial Officer. We anticipate
      hiring additional staff in the coming months as we develop our
      business.





6




**Risk
      Factors**





**We
      have no operating history and we anticipate incurring future
      losses.**





We
      are in
      the early stages of operating a business to provide prepaid debit cards. We
      are
      therefore subject to all of the risks and uncertainties inherent in establishing
      a new business. We have no prior operating history for these products from
      which
      to evaluate our likelihood of success in operating our business, generating
      any
      revenues or achieving profitability. In sum, we have very limited assets, no
      operating revenue and uncertain prospects of future profitable operations.
      Our
      operations may not be successful and the likelihood of our success must be
      considered in light of the problems, expenses, difficulties, complications
      and
      delays frequently encountered in connection with the formation of a new
      business, development of new technology and the competitive environment in
      which
      we plan to operate. We anticipate that we will incur losses for the foreseeable
      future.





**We
      will need additional financing in the future and any such financing will likely
      dilute our existing shareholders or involve covenants restricting our
      operations.**





We
      will
      likely require additional financing before we can generate revenues needed
      to
      sustain operations. In particular, we believe that our current cash is
      sufficient to continue current and anticipated operations only through April
      2006. Additional financing could be sought from a number of sources, including
      but not limited to additional sales of equity or debt securities (including
      equity-linked or convertible debt securities), loans from banks or other
      financial institutions, and loans from affiliates of the Company. No assurance,
      however, can be given that we will be able to obtain any such additional
      financing when needed, or do so on terms and conditions acceptable or favorable
      to the Company, if at all. If financing is not available, we may be forced
      to
      abandon our business plans or our entire business, discontinue our preparation
      and filing of public disclosure reports with the SEC, or dissolve the Company.
      If we are able to obtain financing, any additional equity or equity-linked
      financing would dilute our shareholders, and any additional debt financing
      may
      involve certain operational restrictions.





**Visa
      or MasterCard has not formally approved our entire business plan and model,
      and
      our failure to obtain such approval would be materially adverse to our business
      plans.**





Currently, our
      entire business plan and model has not been formally approved by
      either Visa or MasterCard and we have no agreements with either entity. Our
      business plan and model critically relies on obtaining such an approval and
      agreement. If we are unable to obtain such an approval, we would likely be
      forced to materially alter our plans and model and may be forced to abandon
      the
      business.





**Our
      independent auditors have substantial doubt about our ability to continue as
      a
      going concern.**





We
      have
      had net losses for the year ended December 31, 2005 and the three month period
      ended December 31, 2004 and we had an accumulated deficit as of December 31,
      2005 and 2004. Since the consolidated financial statements for these periods
      were prepared assuming that we would continue as a going concern, in the view
      of
      our independent auditors, these conditions raise substantial doubt about our
      ability to continue as a going concern. Furthermore, since we are pursuing
      a new
      line of business, this diminishes our ability to accurately forecast our
      revenues and expenses. At this time, we believe our ability to continue as
      a
      going concern depends, in large part, on our ability to raise sufficient capital
      through subsequent financing transactions. If we are unable to raise additional
      capital, we may be forced to discontinue our business.





**The
      machines and software to dispense prepaid debit cards critical to our future
      success have not been, and may never be, fully developed.**





We
      intend
      to develop machines and software to dispense prepaid debit cards. The
      development process, though commenced, has not yet been completed and we cannot
      be certain that the machines and software will work as anticipated and required
      for use in a highly regulated marketplace. Our successful development of these
      items remains subject to all the risks associated with the development and
      manufacture of products based on new technologies, including unanticipated
      technical or other problems, failures to meet regulatory requirements or
      performance objectives, and the possible insufficiency of the funds allocated
      for the completion of such development. Any of these failures could result
      in a
      change in the design, delay in the development, or complete abandonment of
      our
      current plans for these machines and software. Consequently, there can be no
      assurance we will ever successfully develop and manufacture products to dispense
      prepaid debit cards. Our failure to develop these items will likely have a
      materially adverse effect on our business and prospects for future
      profitability.





7


**Even
      if successfully developed, our prepaid debit cards may not be accepted by the
      marketplace.**





Even
      if
      we successfully test, develop and manufacture software and machines to dispense
      prepaid debit cards, the marketplace may not accept our prepaid debit cards
      due
      to our failure to successfully compete against products, lack of general demand,
      changing technology, or other reasons.





**We
      will depend upon others to manufacture our card-dispensing products, and as
      a
      result we will be unable to fully control the supply of our products to the
      market.**





Our
      ability to develop, manufacture and successfully commercialize our proposed
      products depends upon our ability to enter into and maintain contractual and
      collaborative arrangements with others. We do not intend to manufacture any
      of
      our proposed products; but instead intend to retain contract manufacturers.
      These manufacturers may not be able to supply our products in the required
      quantities, at appropriate quality levels or at acceptable costs. We may be
      adversely affected by any difficulties encountered by such third-party
      manufacturers that result in product defects, production delays or the inability
      to fill orders and place machines on a timely basis. If a manufacturer cannot
      meet our quality standards and delivery requirements in a cost-efficient manner,
      we would likely suffer interruptions of delivery while we arrange for
      alternative manufacturing sources. Any extended disruption in the delivery
      of
      products could result in our inability to satisfy customer demand for our
      products. Disruptions in the delivery of our products, even for short periods,
      may have a materially adverse effect on our business and results of operations.





**Our
      reliance on third-party manufacturers and other third parties in other aspects
      of our business will reduce any profits we may earn from our products, and
      may
      negatively affect future product development.**





As
      noted
      above, we currently intend to market and commercialize products manufactured
      by
      others, and in connection therewith we will likely be required to enter into
      manufacturing, licensing and distribution arrangements with third parties.
      These
      arrangements will likely reduce our product profit margins. In addition, the
      identification of new product candidates for development may require us to
      enter
      into licensing or other collaborative agreements with others. These
      collaborative agreements may require us to pay license fees, make milestone
      payments, pay royalties and/or grant rights, including marketing rights, to
      one
      or more parties. Any such arrangement will likely reduce our profits. Moreover,
      these arrangements may contain covenants restricting our product development
      or
      business efforts in the future.





**We
      may not be able to enter into manufacturing agreements or other collaborative
      agreements on terms acceptable to us, if at all, which failure would materially
      and adversely affect our business.**





We
      may
      not be able to enter into manufacturing or other collaborative arrangements
      with
      third parties on terms acceptable to us, if at all, when and as required. If
      we
      fail to establish such arrangements when and as necessary, we could be required
      to undertake these activities at our own expense, which would significantly
      increase our capital requirements and may delay the development, manufacture
      and
      installation of our prepaid debit card dispensing machines. If we could not
      find
      ways of addressing these capital requirements, we would likely be forced to
      sell
      or abandon our business.





**We
      are highly dependent on the services provided by certain executives and key
      personnel.**





Our
      success depends in significant part upon the continued service of certain senior
      management and other key personnel. In particular, we are materially dependent
      upon the services of Tim Walsh, a director of the Company and our President
      and
      Chief Executive Officer. If he should no longer serve the Company it would
      likely have a materially adverse impact on our business, financial condition
      and
      operations. We do not have an employment or non-compete agreement with Mr.
      Walsh. In addition, the Company has not secured any “key person” life insurance
      covering the life of Mr. Walsh.





8


Our
      success also depends on our ability to identify, hire, train, retain and
      motivate highly skilled technical, managerial, sales and marketing personnel.
      We
      intend to hire a number of sales, business development, marketing, technical
      and
      administrative personnel in the future. Competition for such personnel is
      intense and there can be no assurance that we will successfully attract,
      assimilate or retain a sufficient number of qualified personnel. The failure
      to
      retain and attract the necessary technical, managerial, sales and marketing
      and
      administrative personnel could have a material adverse impact on our business,
      financial condition and operations.





**We
      operate in a highly competitive environment.**




We
      believe it will be difficult to compete in the market for prepaid credit cards
      because there are a number of established companies that currently offer
      products and services that will compete directly with our prepaid debit cards.
      In particular, Eufora, UniRush Financial Services, Purpose Solutions, LLC and
      CashPass Network enjoy established market position in the market for prepaid
      debit cards. If these well-established companies were to focus their resources
      on developing financial kiosks to dispense instant prepaid credit cards, our
      ability to capitalize on the perceived market opportunities could be
      significantly impaired. Moreover, these competitors (and others) may be better
      able to provide similar products and services (and a wider range of products
      and
      services) over a broader geographic area.




More
      generally, the competition among financial services providers to attract and
      retain customers is intense. Customer loyalty can be easily influenced by a
      competitor’s new products, especially offerings that provide cost savings to the
      customer. The development of a successful new product by a competitor could
      adversely affect the market demand for our products and impair our ability
      to
      generate revenues.




We
      believe that the financial services industry will become even more competitive
      as a result of legislative, regulatory and technological changes and the
      continued consolidation of the industry. Technology has lowered barriers to
      entry and made it possible for non-banks, like the Company, to offer products
      and services traditionally provided by banks, such as automatic funds transfer
      and automatic payment systems.




**We
      have limited trademark rights, copyrights, or proprietary business methods.**





We
      currently have limited proprietary patents, trademark right and copyrights
      relating to our business. We expect to seek protection of our trademark rights
      and other intellectual property rights as necessary to protect our business.
      However, we may not be able to obtain meaningful intellectual property rights
      relating to any aspects of our business, and we may discover that a third party
      possess rights to intellectual property necessary for our business, which could
      require us to enter into a license agreement with such third party on terms
      that
      may not be favorable to us. Moreover, such a third party may not be willing
      to
      license technology to us at all.





**We
      may be unable to protect intellectual property rights that we obtain, and we
      may
      become subject to infringement claims by third parties.**





Despite
      our efforts to protect our intellectual property, third parties may infringe
      or
      misappropriate our intellectual property or may develop software or technology
      competitive to ours. Our competitors may independently develop similar
      technology, duplicate our products or services or design around our intellectual
      property rights. As a result, we may have to litigate to enforce and protect
      our
      intellectual property rights to determine their scope, validity or
      enforceability. Intellectual property litigation is particularly expensive,
      could cause a diversion of resources, and may not prove successful. The loss
      of
      intellectual property protection or the inability to secure or enforce
      intellectual property protection could materially harm our business and ability
      to compete.





We
      also
      may be subject to costly litigation in the event our products or technology
      infringe upon another party’s proprietary rights. Third parties may have, or may
      eventually be issued, patents that would be infringed by our products or
      technology. Any of these third parties could make a claim of infringement
      against us with respect to our products or technology. We may also be subject
      to
      claims by third parties for breach of copyright, trademark or license usage
      rights. Any such claims and any resulting litigation could subject us to
      significant liability for damages. An adverse determination in any litigation
      of
      this type could require us to design around a third party’s patent or to license
      alternative technology from another party. In addition, litigation is time
      consuming and expensive to defend and could result in the diversion of the
      time
      and attention of our management and employees. Any claims from third parties
      may
      also result in limitations on our ability to use the intellectual property
      subject to these claims.





9


**Our
      computer systems are subject to security risks, and breaches in our systems
      could adversely effect our business and financial condition.**





We
      currently maintain a site on the world wide web at www.myreadycard.com to
      promote and enhance our services and products. Like most computer systems,
      our
      systems are subject to the risks of computer viruses and unauthorized
      individuals (hackers) obtaining access to and inadvertently or purposefully
      damaging them. The Company believes the implemented security systems and
      virus-detection controls significantly reduce these risks. If those systems
      were
      nonetheless compromised, our customers may be unable to access the system.
      In
      addition, sensitive information regarding its customers that is maintained
      on
      its system may become publicly available. **** In such
      an event, we may be exposed to liability from customers, may lose customers
      and
      may suffer significant damage to our business reputation. Any of these events
      could have a materially adverse effect on our business and financial
      condition.





**Lack
      of system integrity or credit quality related to funds settlement could result
      in a financial loss.**





We
      settle
      funds on a daily basis. These payment activities rely upon the technology
      infrastructure that facilitates the verification of activity with counterparties
      and the facilitation of the payment. If the continuity of operations or
      integrity of processing were compromised this could result in a financial loss
      to us due to a failure in payment facilitation.





**The
      financial services industry is highly regulated and the Company may incur
      substantial costs and face unanticipated liabilities arising from changes in
      applicable regulations.**





The
      financial services industry in general is heavily regulated at the federal
      and
      state levels. This regulation is designed primarily to protect consumers,
      depositors and the banking system as a whole, not shareholders of the Company.
      Congress and state legislatures and federal and state regulatory agencies
      periodically review banking laws, regulations and policies for possible changes.
      Changes to statutes, regulations or regulatory policies, including changes
      in
      interpretation or implementation of statutes, regulations or policies, could
      affect the Company in substantial and unpredictable ways, including limiting
      the
      types of financial services and products the Company may offer, increasing
      the
      ability of non-banks to offer competing financial services and products and/or
      increasing our cost structures. Also, our failure to comply with laws,
      regulations or policies could result in sanctions and fines by regulatory
      agencies that are financially material and damaging to our
      reputation.





**Our
      officers and directors, together with certain affiliates, possess substantial
      voting power with respect to our common stock, which could adversely affect
      the
      market price of our common stock.**





As
      of
      February 1, 2006, our officers and directors collectively possessed beneficial
      ownership of 2,700,000 shares of our common stock, which represents
      approximately 31.9% of our common stock. D. Bradly Olah possessed beneficial
      ownership of a total of 1,950,000 shares of common stock, which represents
      approximately 23.0% of our common stock. When taken together, our directors,
      officers and significant shareholders have beneficial ownership of approximately
      54.1% of our common stock. This represents a significant portion of the voting
      power of the Company’s shareholders. As a result, our directors and officers,
      together with significant shareholders, have the ability to significantly
      control our management and affairs through the election and removal of our
      entire board of directors, and all other matters requiring shareholder approval,
      including the future merger, consolidation or sale of all or substantially
      all
      of our assets. This concentrated control could discourage others from initiating
      any potential merger, takeover or other change-of-control transaction that
      may
      otherwise be beneficial to our shareholders. As a result, the return on an
      investment in our common stock through the market price of our common stock
      or
      ultimate sale of our business could be adversely affected.





10


**Our
      common stock trades only in an illiquid trading market.**





Trading
      of our common stock is conducted through the “pink sheets.” This has an adverse
      effect on the liquidity of our common stock, not only in terms of the number
      of
      shares that can be bought and sold at a given price, but also through delays
      in
      the timing of transactions and reduction in security analysts’ and the media’s
      coverage of our Company and its common stock. This may result in lower prices
      for our common stock than might otherwise be obtained and could also result
      in a
      larger spread between the bid and asked prices for our common
      stock.





**There
      is currently little trading volume in our common stock, which may make it
      difficult to sell shares of our common stock.**





In
      general, there has been very little trading activity in our common stock. The
      relatively small trading volume will likely make it difficult for our
      shareholders to sell their shares as and when they choose. Furthermore, small
      trading volumes generally depress market prices. As a result, you may not always
      be able to resell shares of our common stock publicly at the time and prices
      that you feel are fair or appropriate.





**Because
      it is a “penny stock,” you may have difficulty selling shares of our common
      stock.**





Our
      common stock is a “penny stock” and is therefore subject to the requirements of
      Rule 15g-9 under the Securities and Exchange Act of 1934. Under this rule,
      broker-dealers who sell penny stocks must provide purchasers of these stocks
      with a standardized risk- disclosure document prepared by the SEC. Under
      applicable regulations, our common stock will generally remain a “penny stock”
until, and for such time, as its per-share price is $5.00 or more (as determined
      in accordance with SEC regulations), or until we meet certain net asset or
      revenue thresholds. These thresholds include the possession of net tangible
      assets (i.e., total assets less intangible assets and liabilities) in excess
      of
      $2,000,000 in the event we have been operating for at least three years or
      $5,000,000 in the event we have been operating for fewer than three years,
      and
      the recognition of average revenues equal to at least $6,000,000 for each of
      the
      last three years. We do not anticipate meeting any of the foregoing thresholds
      in the foreseeable future.





The
      penny-stock rules severely limit the liquidity of securities in the secondary
      market, and many brokers choose not to participate in penny-stock transactions.
      As a result, there is generally less trading in penny stocks. If you become
      a
      holder of our common stock, you may not always be able to resell shares of
      our
      common stock publicly at the time and prices that you feel are fair or
      appropriate.





**We
      have no intention of paying dividends on our common stock.**





To
      date,
      we have not paid any cash dividends and do not anticipate the payment of cash
      dividends in the foreseeable future. Accordingly, the only return on an
      investment in shares of our common stock, if any, may occur upon a subsequent
      sale of such shares.





**Item
      2.**  **Description
      of Property**





The
      Company leases office space at 800 Nicollet Mall, Suite 2690, Minneapolis,
      Minnesota, which it uses as its administrative headquarters, on a month-to-month
      basis from Corporate Services Group, a company wholly owned by Ronald E.
      Eibensteiner, a director of the Company. During 2004 and 2005, the Company
      paid
      a total of $4,500 and $59,980, respectively, for rent and overhead for this
      office lease.





The
      Company believes that this space will be adequate for its operations through
      June 2006.




11





**Item
      3.**  **Legal
      Proceedings**





The
      Company is not a party to any material legal proceedings.




**Item
      4.**  **Submission
      of Matters to a Vote of Security Holders**





None.





**PART
      II**





**Item
      5.**  **Market
      for Common Equity and Related Stockholder Matters**





The
      Company’s common stock traded on the pink sheets under the symbol “PMCP.PK”
through May 18, 2005. From May 19, 2005, until August 23, 2005, the Company’s
      common stock traded on the pink sheets under the symbol “TDBE.PK.” Since August
      24, 2005, the Company’s common stock has traded under the symbol “RCTC.PK.” The
      following table sets forth the high and low bid prices for our common stock
      as
      reported by the OTC Bulletin Board in 2005 and 2004. These quotations reflect
      inter-dealer prices, without retail mark-up, markdown, or commission, and may
      not represent actual transactions. Trading in the Company’s capital stock during
      the period represented was sporadic, exemplified by low trading volume and
      many
      days during which no trades occurred.





Year
                Ended December 31, 2005High
            LowFirst
                Qtr.
            $0.75
            $0.15Second
                Qtr.
            1.05
            0.75Third
                Qtr.
            1.30
            0.75Fourth
                Qtr.
            1.30
            0.80








Year
                Ended December 31, 2004High
            LowFirst
                Qtr.
            $    -
            $
                  -Second
                Qtr.
            -
            -Third
                Qtr.
            0.10
            0.10Fourth
                Qtr.
            0.15
            0.10





The
      approximate number of shareholders of record of the Company’s common stock as of
      February 1, 2006 was 50.





The
      Company has never declared or paid a cash dividend on our common stock and
      does
      not anticipate paying any cash dividends in the foreseeable future.








12




The
      following table sets forth certain information regarding sales of equity
      securities by the Company during the calendar year 2005 in transactions which
      were not registered under the Securities Act of 1933.





Date
                of Sale
            
            Number
                of Shares Sold
            
            Persons
                to Whom Sold
            
            Consideration
                Paid
            
            Exemption
                from Registration Relied Upon12/30/05
            
            125,000
                common shares and warrants to purchase 125,000 common shares at $1.50
                per
                share
            
            A
                director of the Company
            
            $125,000
            
            Section
                4(6) of Securities Act8/26/2005
            
            Options
                to purchase 850,000 shares of common stock at an exercise price of
                $1.01
                per share
            
            2
                employees and directors of the Company
            
            Services
            
            Section
                4(2) of Securities Act3/7/05
            
            1,000,000
                common shares
            
            28
                entities
            
            $500,000
            
            Regulation
                5061/31/05
            
            1,000,000
                common shares
            
            Aurora
                Technologies, Inc.
            
            Distribution
                Contract
            
            Section
                4(2) of Securities ActFrom
                1/15/05 through 2/3/05
            
            5,500,000
                common shares
            
            9
                entities
            
            $55,000
            
            Regulation
                5061/14/05
            
            500,000
                common shares
            
            4
                individuals
            
            services
            
            Section
                4(2) of the Securities Act





The
      following table presents information with respect to the Company’s redemption
      and cancellation of shares of its common stock during December
      2005:





Period
            Number
                of Shares
              Purchased
            Average
                Price Paid per
              Share
            Total
                Number of Shares
              Purchased
                as Part of
              Publicly
                Announced
              Plans
                or Programs
            Maximum
                Number of
              Shares
                that May Yet Be
              Purchased
                Under the
              Plans
                or ProgramsDecember
                8, 2005
            500,000(1)
            $0.01
            0
            0





(1)
            The
                redemption transaction reflected above occurred on December 8, 2005,
                and
                was made in connection with the failure of a stockholder to meet
                certain
                vesting criteria for the stock. Shares were redeemed at the price
                of $0.01
                per share.





**Item
      6.**  **Management’s
      Discussion and Analysi** **s
      or Plan of Operation**








**Results
      of Operations:**





**Year
      Ended December 31, 2005 Compared to Year Ended December 31,
      2004**





The
      Company is a development stage company that has not generated any revenues
      to
      date.





*General
      and Administrative Expenses* .
      General
      and administrative expenses for the year ended December 31, 2005 and the period
      ended December 31, 2004 were $834,067 and $16,353, respectively. The increase
      in
      general and administrative expenses for the year ended December 31, 2005 as
      compared with the period ended December 31, 2004 was primarily the result of
      expenses related to the merger and expenses related to the Company commencing
      operations in the prepaid debit card business including consulting fees, legal
      and professional fees and rent expense.





13


*Net
      Loss* .
      The
      Company incurred a net loss of $837,628 and $16,353 for the year ended December
      31, 2005 and the period ended December 31, 2004, respectively. The increase
      in
      the net losses for the year ended December 31, 2005 as compared with the period
      ended December 31, 2004 was primarily the result of the Company commencing
      operations in the prepaid debit card business which involved consulting, legal
      and professional and rent expenses during 2005.





*Liquidity
      and Capital Resources* .
      The
      Company had a working capital deficit of $294,911 and cash of $189,437 at
      December 31, 2005. Cash used in operations was $602,241 for the year ended
      December 31, 2005. For the year ended December 31, 2005, the primary uses of
      cash were to fund the Company’s net loss and an increase in prepaid expenses.
      These uses were partially offset by non-cash charges related to common stock
      issued for a distribution contract and services, and further partially offset
      by
      increases in accounts payable and accrued expenses. The Company incurred
      expenses of approximately $206,000 related to the reverse merger transaction
      with Domino Entertainment, Inc. which were expensed during the three months
      ended June 30, 2005. Cash used in operations was $0 for the year ended December
      31, 2004, which was the result of funding the Company’s net loss of $16,353,
      offset by an increase in accounts payable of $16,353.





Cash
      used
      in investing activities was $124,436 and $0 for the year ended December 31,
      2005
      and the period ended December 31, 2004, respectively. For the year ended
      December 31, 2005, the Company used cash for capital expenditures and a deposit
      on long-lived assets.





Cash
      provided by financing activities was $915,114 for the year ended December 31,
      2005. In January 2005, Domino Entertainment, Inc. began a private placement
      offering which ended in February 2005. In that offering, Domino Entertainment,
      Inc. sold a total of 5,500,000 shares of its common stock for a per-share price
      of $0.01, raising a gross total of $55,000. In February 2005, Domino
      Entertainment, Inc. began a second private placement offering which ended in
      March 2005. In that second offering, Domino sold a total of 1,000,000 shares
      of
      its common stock for a per-share price of $0.50, raising a gross total of
      $500,000. Domino Entertainment, Inc. incurred total legal costs related to
      these
      private placements of approximately $5,000. All the shares of Domino
      Entertainment were exchanged on one-for-one basis into shares of the Company
      upon the consummation of the reverse merger. For the period ended December
      31,
      2004 the cash provided by financing activities was $1,000 related to proceeds
      from a loan from a related party.





The
      Company expects to spend a significant amount of cash developing its prepaid
      debit card dispensing machines and purchasing capital equipment over the next
      12
      months, primarily as it places its machines in facilities. The Company expects
      that it will use debt and/or equity financing to purchase this equipment. The
      Company also anticipates hiring additional personnel over the next 12 months
      as
      it grows its business.





Management
      believes that its cash should be sufficient to satisfy its cash requirements
      through May 2006. The Company will need additional financing to meet its needs
      beyond that period and has been actively pursuing such additional
      financing.





The
      following summarizes the Company’s contractual obligations at December 31, 2005
      (See Note 4).





Total
            
            1
                Year or Less
            
            1-3
                Years
            
            4-5
                Years
            
            Over
                5 YearsNotes
                payable
            
            250,000
            
            250,000
            
            -
            
            -
            
            -Total
            
            $
            250,000
            
            $
            250,000
            
            $
            -
            
            $
            -
            
            $
            -





During
      2005 and 2004, we did not pay or declare any cash dividends and do not intend
      to
      pay any cash dividends in the near future.





**Off-Balance-Sheet
      Arrangements**





The
      Company has no off-balance-sheet arrangements.




14





**New
      Accounting Pronouncements**





SFAS
      No. 123R





In
      December 2004, the Financial Accounting Standards Board (“FASB”) issued a
      revision of Statement of Financial Accounting Standards (“SFAS”) No. 123,
      "Accounting for Stock-Based Compensation", (SFAS No. 123R). SFAS No. 123R
      supersedes APB Opinion No. 25, "Accounting for Stock Issued to Employees,"
      and
      its related implementation guidance. SFAS No. 123R establishes standards for
      the
      accounting for transactions in which an entity incurs liabilities in exchange
      for goods or services that are based on the fair value of the entity's equity
      instruments or that may be settled by the issuance of those equity instruments.
      SFAS No. 123R does not change the accounting guidance for share-based payment
      transactions with parties other than employees provided in SFAS No. 123 as
      originally issued and EITF Issue No. 96-18, "Accounting for Equity Instruments
      That Are Issued to Other Than Employees for Acquiring, or in Conjunction with
      Selling, Goods or Services." SFAS 123R is effective as of the beginning of
      the
      Company's first fiscal year beginning after June 15, 2005. The Company is in
      the
      process of determining the effect that adopting SFAS No. 123R will have on
      its
      financial position, results of operations, or cash flows.





SFAS
      No. 154





In
      June
      2005, the FASB issued SFAS No. 154, “Accounting Changes and Error Corrections”,
      a replacement of APB Opinion No. 20 and FASB Statement No. 3. The statement
      applies to all voluntary changes in accounting principle, and changes the
      requirements for accounting for and reporting of a change in accounting
      principle. SFAS No. 154 requires retrospective application to prior periods’
financial statements of a voluntary change in accounting principle unless it
      is
      impracticable. SFAS No. 154 is effective for accounting changes and corrections
      of errors made in fiscal years beginning after December 15, 2005. Earlier
      application is permitted for accounting changes and corrections of errors made
      occurring in fiscal years beginning after June 1, 2005. The statement does
      not
      change the transition provisions of any existing accounting pronouncements,
      including those that are in a transition phase as of the effective date of
      this
      statement. The Company does not expect the adoption of SFAS No. 154 to have
      a
      material effect on its consolidated financial statements.








**Critical
      Accounting Estimates**





The
      Company’s critical accounting policies are those (i) having the most impact on
      the reporting of its financial condition and results, and (ii) requiring
      significant judgments and estimates. Due to the incipient nature of operations,
      the Company does not believe it has any critical policies or
      procedures.





15


**Item
      7.**  **Financial
      Statements**








REPORT
      OF
      INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM











To
      the
      Shareholders and Board of Directors (in lieu of an Audit Committee)


Ready
      Credit Corporation and Subsidiary


Minneapolis,
      MN








We
      have
      audited the accompanying consolidated balance sheets of Ready Credit Corporation
      and Subsidiary (a development stage company) (formerly known as Thunderball
      Entertainment, Inc.) as of December 31, 2005 and 2004, and the related
      consolidated statements of operations, stockholders' deficit and cash flows
      for
      the year ended December 31, 2005, for the period from October 1, 2004
      (inception) to December 31, 2004 and for the period from October 1, 2004
      (inception) to December 31, 2005. These consolidated financial statements are
      the responsibility of the company's management. Our responsibility is to express
      an opinion on these consolidated financial statements based on our
      audits.





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





In
      our
      opinion, the consolidated financial statements referred to above present fairly,
      in all material respects, the financial position of Ready Credit Corporation
      and
      Subsidiary as of December 31, 2005 and 2004 and the results of their operations
      and their cash flows for the year ended December 31, 2005, for the period from
      October 1, 2004 (inception) to December 31, 2004 and for the period from October
      1, 2004 (inception) to December 31, 2005 , in conformity with U.S. generally
      accepted accounting principles.





The
      accompanying consolidated financial statements have been prepared assuming
      that
      the Company will continue as a going concern. As discussed in Note 1 to the
      consolidated financial statements, the Company had significant operating losses
      for the year ended December 31, 2005, for the period from October 1, 2004
      (inception) to December 31, 2004 and for the period from October 1, 2004
      (inception) to December 31, 2005, and had an accumulated deficit at December
      31,
      2005 and does not have adequate liquidity to fund its operations throughout
      fiscal 2006. These conditions raise substantial doubt about its ability to
      continue as a going concern. Management's plans in regards to these matters
      are
      also discussed in Note 1. The consolidated financial statements do not include
      any adjustments that might result from the outcome of this
      condition.








/s/
      Virchow, Krause & Company, LLP





Minneapolis,
      Minnesota


January
      25, 2006, except for Note 10 as to which the date is March 22, 2006








16


**Ready
      Credit Corporation and Subsidiary**


**(A
      Development Stage Company)**


**Consolidated
      Balance Sheets**





At
              December
                31, 2005
            
            At
              December
                31, 2004**ASSETS**CURRENT
                ASSETS:Cash
            
            $
            189,437
            
            $
            1,000Prepaid
                expenses
            
            
            15,937
            
            
            -*Total
                current assets:*
            
            
            205,374
            
            
            1,000Equipment,
                net
            
            
            11,044
            
            
            -Deposit
                on long-lived assets
            
            
            111,000
            
            
            -*Total
                Assets:*
            
            $
            327,418
            
            $
            1,000





**LIABILITIES
                AND****STOCKHOLDERS’
                DEFICIT**CURRENT
                LIABILITIES:Accounts
                payable
            
            $
            154,724
            
            $
            16,353Accrued
                expenses
            
            
            95,561
            
            
            -Notes
                payable
            
            
            250,000
            
            
            -Loan
                payable - related party
            
            
            -
            
            
            1,000*Total
                current liabilities:*
            
            
            500,285
            
            
            17,353STOCKHOLDERS’
                DEFICIT:Common
                stock, par value $.001 per share:Authorized
                shares--50,000,000Issued
                and outstanding shares:
              8,225,000
                and 0 at December 31, 2005 and 2004, respectively
            
            
            8,225
            
            
            -Additional
                paid-in capital
            
            
            672,889
            
            
            -Deficit
                accumulated during development stage
            
            
            (853,981
            )
            
            (16,353
            )*Total**stockholders’
                deficit:*
            
            
            (172,867
            )
            
            (16,353
            )*Total
                liabilities and**stockholders’
                deficit:*
            
            $
            327,418
            
            $
            1,000





*See
      accompanying notes to consolidated financial statements* .


17


**Ready
      Credit Corporation and Subsidiary**


**(A
      Development Stage Company)**


**Consolidated
      Statements of Operations**


For
                the Year Ended
              December
                31, 2005
            
            For
                the Period Ended December 31, 2004
            
            October
                1, 2004 (Inception) Through
              December
                31, 2005OPERATING
                EXPENSES:General
                and administrative
            
            $
            834,067
            
            $
            16,353
            
            $
            850,420*Total
                Operating Expenses:*
            
            
            834,067
            
            
            16,353
            
            
            850,420Operating
                loss
            
            
            (834,067
            )
            
            (16,353
            )
            
            (850,420
            )OTHER
                INCOME (EXPENSE):Interest
                expense
            
            
            (3,561
            )
            
            -
            
            
            (3,561
            )*Net
                Loss:*
            
            $
            (837,628
            )
            $
            (16,353
            )
            $
            (853,981
            )NET
                LOSS PER COMMON SHARE:Basic
                and diluted
            
            $
            (0.11
            )
            
            N/A
            
            $
            (0.14
            )WEIGHTED-AVERAGE
                NUMBER OF SHARES OUTSTANDING:Basic
                and diluted
            
            
            7,683,425
            
            
            N/A
            
            
            6,154,376




See
      accompanying notes to financial statements.




18


**Ready
      Credit Corporation and Subsidiary**


**(A
      Development Stage Company)**


**Consolidated
      Statements of**  **Stockholders’
      Deficit**





Common
                Stock
            
            Additional
              Paid-in
            
            Deficit
                Accumulated During DevelopmentShares
            
            Amount
            
            Capital
            
            Stage
            
            TotalBalance,
                October 1, 2004 (inception)
            
            
            -
            
            $
            -
            
            $
            -
            
            $
            -
            
            $
            -Net
                loss
            
            
            -
            
            
            -
            
            
            -
            
            
            (16,353
            )
            
            (16,353
            )Balance,
                December 31, 2004
            
            
            -
            
            
            -
            
            
            -
            
            
            (16,353
            )
            
            (16,353
            )Common
                stock issued on January 14, 2005 in lieu of cash for services rendered
                at
                $0.01 per share
            
            
            500,000
            
            
            5,000
            
            
            -
            
            
            -
            
            
            5,000Common
                stock issued to founders from January 15, 2005 through February 3,
                2005
                for cash at $0.01 per share
            
            
            5,500,000
            
            
            55,000
            
            
            -
            
            
            -
            
            
            55,000Common
                stock issued on January 31, 2005 in lieu of cash for distribution
                contract
                at $0.01 per share
            
            
            1,000,000
            
            
            10,000
            
            
            -
            
            
            -
            
            
            10,000Common
                stock issued on March 7, 2005 for cash at $0.50 per share through
                a
                private placement offering, less expenses of $4,656
            
            
            1,000,000
            
            
            10,000
            
            
            485,344
            
            
            -
            
            
            495,344Recapitalization,
                expenses and shares issued related to merger on May 13,
                2005
            
            
            600,000
            
            
            (71,400
            )
            
            71,400
            
            
            -
            
            
            -Cancellation
                of common stock on December 8, 2005
            
            
            (500,000
            )
            
            (500
            )
            
            (4,500
            )
            
            -
            
            
            (5,000
            )Common
                stock and warrant issued on December 30, 2005 for cash at $1.00,
                warrant
                exercisable at $1.50 per common share, through a private placement
                offering, less expenses of $4,230
            
            
            125,000
            
            
            125
            
            
            120,645
            
            
            -
            
            
            120,770Net
                loss
            
            
            -
            
            
            -
            
            
            -
            
            
            (837,628
            )
            
            (837,628
            )Balance,
                December 31, 2005
            
            
            8,225,000
            
            $
            8,225
            
            $
            672,889
            
            $
            (853,981
            )
            $
            (172,867
            )





See
      accompanying notes to financial statements.





19


**Ready
      Credit Corporation and Subsidiary**


**(A
      Development Stage Company)**


**Consolidated
      Statements of Cash Flows**





For
                the Year
              Ended
              December
                31,
              2005
            
            For
                the Period
              Ended
              December
                31,
              2004
            
            October
                31, 2004 (Inception) through
              December
                31,
              2005**Operating
                activities**Net
                loss
            
            $
            (837,628
            )
            $
            (16,353
            )
            $
            (853,981
            )Adjustments
                to reconcile net loss to net cash used in operating
                activities:Depreciation
                and amortization
            
            
            2,392
            
            
            -
            
            
            2,392Common
                stock issued for distribution contract
            
            
            10,000
            
            
            -
            
            
            10,000Common
                stock issued for services
            
            
            5,000
            
            
            -
            
            
            5,000Changes
                in operating assets and liabilities:Prepaid
                expenses
            
            
            (15,937
            )
            
            -
            
            
            (15,937
            )Accounts
                payable
            
            
            138,371
            
            
            16,353
            
            
            154,724Accrued
                expenses
            
            
            95,561
            
            
            -
            
            
            95,561*Net
                cash used in operating activities:*
            
            
            (602,241
            )
            
            -
            
            
            (602,241
            )**Investing
                activities**Purchases
                of equipment
            
            
            (13,436
            )
            
            -
            
            
            (13,436
            )Deposit
                on long-lived assets
            
            
            (111,000
            )
            
            -
            
            
            (111,000
            )*Net
                cash used in investing activities:*
            
            
            (124,436
            )
            
            -
            
            
            (124,436
            )**Financing
                activities**Proceeds
                from sale of common stock, net of issuance costs
            
            
            550,344
            
            
            -
            
            
            550,344Proceeds
                from sale of common stock and warrants, net of issuance
                costs
            
            
            120,770
            
            
            -
            
            
            120,770Cancellation
                of common shares
            
            
            (5,000
            )
            
            -
            
            
            (5,000
            )Proceeds
                from loan payable - related party
            
            
            -
            
            
            1,000
            
            
            1,000Proceeds
                from notes payable
            
            
            250,000
            
            
            -
            
            
            250,000Payments
                on loan payable - related party
            
            
            (1,000
            )
            
            -
            
            
            (1,000
            )*Net**cash
                provided by financing activities:*
            
            
            915,114
            
            
            1,000
            
            
            916,114Increase
                in cash
            
            
            188,437
            
            
            1,000
            
            
            189,437Cash
                at beginning of period
            
            
            1,000
            
            
            -
            
            
            -*Cash
                at end of**year:*
            
            $
            189,437
            
            $
            1,000
            
            $
            189,437





See
      accompanying notes to financial statements.


20


**Ready
      Credit Corporation**


**Notes
      to Financial Statements**


**For
      the Year ended December 31, 2005 and the Period Ended December 31,
      2004**





**Note
      1. Business Description.**





Pursuant
      to an Amended and Restated Agreement and Plan of Merger dated as of May 3,
      2005
      (the “Merger Agreement”), by and among Ready Credit Corporation (f/k/a
      Thunderball Entertainment, Inc. and also f/k/a Philadelphia Mortgage Corp.,
      “Ready Credit” or the “Company”), Philadelphia Mortgage Newco, Inc., a Minnesota
      corporation and wholly owned subsidiary of the Company (“Merger Subsidiary”),
      and Domino Entertainment, Inc., a Minnesota corporation (f/k/a Thunderball
      Entertainment, Inc., “Domino”), Merger Subsidiary merged with and into Domino,
      with Domino remaining as the surviving entity and a wholly owned operating
      subsidiary of the Company (the “Merger”). The Merger was effective as of May 13,
      2005, upon the filing of Articles of Merger with the Minnesota Secretary of
      State (the “Articles of Merger,” and collectively referred to with the Merger
      Agreement as the “Plan of Merger”).




At
      the
      effective time of the Merger, the legal existence of Merger Subsidiary ceased,
      and all 8,000,000 shares of common stock of Domino that were outstanding
      immediately prior to the Merger and held by Domino’s shareholders were
      cancelled, with one share of common stock of Domino issued to the Company.
      Simultaneously, the former holders of Domino common stock received an aggregate
      of 8,000,000 shares of common stock of the Company, representing approximately
      93.0% of the Company’s common stock outstanding immediately after the Merger.
      Additionally, pursuant to the Merger Agreement, the Company cancelled 133,334
      shares of common stock held by the Company’s shareholders and issued 459,141
      shares of restricted common stock to certain of the Company’s shareholders.
      Accordingly, there were 600,000 shares of common stock outstanding prior to
      the
      Merger.





Generally
      accepted accounting principles in the United States of America generally require
      that the company whose shareholders retain a majority interest in a business
      combination be treated as the acquiror for accounting purposes. As a result,
      for
      accounting purposes, the Merger was treated as a recapitalization of Domino
      rather than as a business combination. The assets and liabilities resulting
      from
      the reverse acquisition were the Domino assets and liabilities (at historical
      cost). There were no assets or liabilities on Ready Credit’s books at the time
      of the Merger. Accordingly, when the term “Company” is used herein, it is
      referring to business and financial information of Domino. The Company expensed
      $205,768 of costs related to the Merger during the three months ended June
      30,
      2005. The fiscal year for the Company has been changed from January 31 to
      December 31 to comport with the fiscal year for Domino.





On
      May
      18, 2005, the Company’s board of directors authorized and effected a change in
      the Company's name from Philadelphia Mortgage Corp. to Thunderball
      Entertainment, Inc. through a short-form merger with Thunderball Entertainment,
      Inc., a Nevada corporation and wholly-owned subsidiary of the Company. On May
      24, 2005 the Company and Domino’s board of directors authorized a change in the
      name of the Company’s wholly-owned subsidiary from Thunderball Entertainment,
      Inc. to Domino Entertainment, Inc. The name changes were effective on May 19,
      2005 and May 27, 2005, respectively.





On
      August
      16, 2005, the Company’s board of directors authorized and directed a change in
      the Company's name from Thunderball Entertainment, Inc. to Ready Credit
      Corporation. The name change was made effective by filings made with the Nevada
      Secretary of State on August 17, 2005.





The
      Company provides prepaid credit cards through convenient, easy to use
      self-service kiosks. Prepaid credit cards offer consumers a cost effective
      and
      flexible means of managing personal assets, paying bills and taking advantage
      of
      the millions of retail locations that accept credit cards.





The
      Company is a development stage company that has not generated any revenues
      to
      date.





The
      accompanying consolidated financial statements have been prepared on the basis
      that the Company will continue as a going concern. The Company had significant
      operating losses for the year ended December 31, 2005, for the period from
      October 1, 2004 (inception) to December 31, 2004 and for the period from October
      1, 2004 (inception) to December 31, 2005, and had an accumulated deficit at
      December 31, 2005 and does not have adequate liquidity to fund its operations
      throughout fiscal 2006. These conditions raise substantial doubt about its
      ability to continue as a going concern. The financial statements do not include
      any adjustments that might result from the outcome of this condition. To provide
      additional working capital, management intends to seek additional financing.
      If
      the Company is not able to raise additional working capital, it would have
      a
      material adverse effect on the operations of the Company.





21





**Note
      2. Summary of Significant Accounting Policies.**





*Use
      of Estimates.* The
      preparation of these consolidated financial statements in conformity with
      accounting principles generally accepted in the United States of America
      requires management to make estimates and assumptions that may affect the
      reported amounts and disclosures in the consolidated financial statements and
      accompanying notes. Actual results could differ from these
      estimates.





*Fair
      Value of Financial Instruments.* The
      carrying amounts for all financial instruments approximate fair value. The
      carrying amounts for cash and cash equivalents, accounts payable, accrued
      expenses and loan payable approximate fair value because of the short maturity
      of these instruments.





*Cash* .
      The
      Company maintains its cash in high quality financial institutions. The balances,
      at times, may exceed federally insured limits.





*Equipment* .
      Equipment is stated at cost. Depreciation of an asset was recognized on the
      straight-line basis over the asset’s estimated useful life of three years.
      Maintenance, repairs and minor renewals are expensed when incurred. Sales and
      retirements of depreciable property are recorded by removing the related cost
      and accumulated depreciation from the accounts. Gains or losses on sales and
      retirements of property are reflected in the Company’s results of operations.





Management
      reviews long-lived assets for impairment whenever events or changes in
      circumstances indicate that the carrying amount of an asset may not be
      recoverable. Recoverability of assets to be held and used is measured by a
      comparison of the carrying amount of an asset to its fair value, which considers
      the future undiscounted cash flows expected to be generated by the asset. If
      such assets are considered to be impaired, the impairment recognized is measured
      by the amount by which the carrying amount of the assets exceeds their fair
      value. Assets to be disposed of are reported at the lower of the carrying amount
      or the fair value less costs of disposal.





*Income
      Taxes.* The
      Company utilizes the liability method of accounting for income taxes. Under
      this
      method, deferred tax assets and liabilities are recognized for the expected
      future tax consequences attributable to temporary differences between the
      financial statement and income tax reporting bases of assets and liabilities.
      Deferred tax assets are reduced by a valuation allowance to the extent that
      realization is not assured.





*Research
      and Development Costs.* The
      Company expenses research and development costs as incurred. Research and
      development expense was $207,346, $0 and $207,346 for the year ended December
      31, 2005, for the period from October 1, 2004 (inception) to December 31, 2004
      and the period from October 1, 2004 (inception) to December 31, 2005,
      respectively.





*Net
      Loss Per Common Share* .
      Basic
      and diluted loss per common share is computed by dividing net loss by the
      weighted-average number of common shares outstanding for the reporting period.
      Dilutive common-equivalent shares have not been included in the computation
      of
      diluted net loss per share because their inclusion would be antidilutive.
      Antidilutive common-equivalent shares issuable based on future exercise of
      stock
      options or warrants could potentially dilute basic loss per common share in
      subsequent years. All options and warrants outstanding were antidilutive for
      the
      year ended December 31, 2005, the period ended December 31, 2004 and the period
      from October 1, 2004 (inception) to December 31, 2005.





22


For
      the
      year ended December 31, 2005 and for the period from inception through December
      31, 2005, 975,000 shares attributable to outstanding stock options and warrants
      were excluded from the calculation of diluted earnings per share because the
      effect was anti-dilutive. All common share equivalents are anti-dilutive in
      periods where the Company generates a net loss.





*Stock-Based
      Compensation* .
      In
      accordance with Accounting Principles Board (“APB”) Opinion No. 25 and related
      interpretations, the Company uses the intrinsic value-based method for measuring
      stock-based compensation cost which measures compensation cost as the excess,
      if
      any, of the quoted market price of the Company's common stock at the grant
      date
      over the amount the employee must pay for the stock. The Company's general
      policy is to grant stock options and warrants at fair value at the date of
      grant. Options and warrants issued to non-employees are recorded at fair value,
      as required by Statement of Financial Accounting Standards (“SFAS”) No. 123
      "Accounting for Stock Based Compensation," using the Black-Scholes pricing
      model. The Company has adopted the disclosure only provision of SFAS No. 148,
      “Accounting for Stock Based Compensation.”





The
      Company applies APB No. 25 and related interpretations in accounting for its
      stock options and warrants issued to employees. Had compensation costs for
      the
      Company's stock options and warrants been determined based on the fair value
      at
      the grant dates consistent with the method of SFAS No. 123, the Company's net
      loss and loss per share would have been changed to the approximate pro forma
      amounts indicated below:








Year
                Ended December 31, 2005
            
            Period
                Ended December 31, 2004
            
            October
                1, 2004 (Inception) Through December 31, 2005Net
                loss:As
                reported
            
            $
            (837,628
            )
            $
            (16,353
            )
            $
            (853,981
            )Pro
                forma
            
            
            (890,699
            )
            
            (16,353
            )
            
            (907,052
            )Basic
                and diluted net loss per common shareAs
                reported
            
            $
            (0.11
            )
            
            N/A
            
            $
            (0.14
            )Pro
                forma
            
            
            (0.12
            )
            
            N/A
            
            
            (0.15
            )Stock-based
                compensationAs
                reported
            
            $
            -
            
            
            N/A
            
            $
            -Pro
                forma
            
            
            53,071
            
            
            N/A
            
            
            53,071





The
      following significant assumptions were utilized to calculate the fair value
      information presented utilizing the Black-Scholes pricing model:





Year
                Ended
              December
                31, 2005
            
            Period
                Ended
              December
                31, 2004
            
            October
                1, 2004
              (Inception)
                Through
              December
                31,2005Risk
                Free interest rate
            4.04%
            
            N/A
            
            4.04%Expected
                life
            4.0 years
            
            N/A
            
            4.0 yearsExpected
                volatility
            87%
            
            N/A
            
            87%Expected
                dividends
            0%
            
            N/A
            
            0%




23


*Recent
      Accounting Pronouncements.* In
      December 2004, the Financial
      Accounting Standards Board (“FASB”)
      issued a revision of Statement
      of Financial Accounting Standards (“SFAS”)
      No. 123, "Accounting for Stock-Based Compensation," (SFAS No. 123R). SFAS No.
      123R supersedes APB Opinion No. 25, "Accounting for Stock Issued to Employees,"
      and its related implementation guidance. SFAS No. 123R establishes standards
      for
      the accounting for transactions in which an entity incurs liabilities in
      exchange for goods or services that are based on the fair value of the entity's
      equity instruments or that may be settled by the issuance of those equity
      instruments. SFAS No. 123R does not change the accounting guidance for
      share-based payment transactions with parties other than employees provided
      in
      SFAS No. 123 as originally issued and EITF Issue No. 96-18, "Accounting for
      Equity Instruments That Are Issued to Other Than Employees for Acquiring, or
      in
      Conjunction with Selling, Goods or Services." SFAS 123R is effective as of
      the
      beginning of the Company's first fiscal year beginning after June 15, 2005.
      The
      Company is in the process of determining the effect that adopting SFAS No.
      123R
      will have on its financial position, results of operations, or cash
      flows.





In
      June
      2005, the FASB issued SFAS No. 154, “Accounting Changes and Error Corrections,”
a replacement of APB Opinion No. 20 and FASB Statement No. 3. The statement
      applies to all voluntary changes in accounting principle, and changes the
      requirements for accounting for and reporting of a change in accounting
      principle. SFAS No. 154 requires retrospective application to prior periods’
financial statements of a voluntary change in accounting principle unless it
      is
      impracticable. SFAS No. 154 is effective for accounting changes and corrections
      of errors made in fiscal years beginning after December 15, 2005. Earlier
      application is permitted for accounting changes and corrections of errors made
      occurring in fiscal years beginning after June 1, 2005. The statement does
      not
      change the transition provisions of any existing accounting pronouncements,
      including those that are in a transition phase as of the effective date of
      this
      statement. The Company does not expect the adoption of SFAS No. 154 to have
      a
      material effect on its consolidated financial statements.








**Note
      3. Equipment**





At
      December 31, 2005 and 2004, the Company’s equipment consisted of the
      following:





2005
            
            2004
            
            Estimated
                Useful LivesEquipment
            
            $
            13,436
            
            $
            -
            
            
            3-5
                yearsLess
                accumulated depreciation
            
            
            (2,392
            )
            
            -Total
                equipment, net
            
            $
            11,044
            
            $
            -





Depreciation
      on equipment was $2,392, $0 and $2,392 for the year ended December 31, 2005,
      the
      period ended December 31, 2004 and the period from October 1, 2004 (inception)
      to December 31, 2005, respectively.








**Note
      4. Note Payable**





In
      November 2005, the Company issued two unsecured short-term promissory notes
      to
      two separate investors in exchange for a total of $250,000. All of the
      promissory notes accrue interest at the rate of 10% per annum, and become due
      and payable in full upon the earlier of (i) May 10, 2006 or (ii) the earlier
      of
      (x) the Company’s completion of a financing transaction on or prior to December
      7, 2005 which generates $750,000 in proceeds as a direct result of introductions
      made by Corporate Capital Management, L.L.C. to the Company or (y) the Company’s
      completion of a financing transaction which generates $1,000,000 in
      proceeds.





For
      the
      year ended December 31, 2005 and the period from October 1, 2004 (inception)
      to
      December 31, 2005, the Company recorded interest expense of $3,561 and $3,561,
      respectively. The interest expense was accrued at December 31,
      2005.




24


**Note
      5. Loan Payable - Related Party**





At
      December 31, 2004, the Company had an unsecured loan payable of $1,000. The
      loan
      was due upon demand and was non-interest bearing .
      In
      January 2005, the Company repaid the $1,000 loan payable - related
      party.








**Note
      6. Stockholder’s Deficit**





**Common
      Stock**





In
      January 2005, Domino began a private placement which ended in February 2005
      (the
“Offering”). In the Offering, Domino sold a total of 5,500,000 shares of its
      common stock for a per share price of $0.01 (i.e., raising a gross total of
      $55,000). The Offering was a private placement made under Rule 506 promulgated
      under the Securities Act of 1933, as amended.





In
      January 2005, Domino issued 1,000,000 shares of its common stock to Aurora
      Technology, Inc. (“Aurora”) pursuant to an agreement whereby Aurora transferred
      to Domino its rights to a distribution agreement by and between Aurora and
      Alta
      Co. Ltd. The agreement with Alta Co. Ltd. expires on January 1, 2007. The
      Company expensed the value of the shares of common stock issued to Aurora,
      $10,000, since there was no value assigned to future services related to the
      distribution agreement.





In
      January 2005, Domino entered into consulting agreements with 4 individuals,
      each
      of whom were shareholders of Domino. Domino issued a total of 500,000 shares
      of
      its common stock to the four individuals as compensation for the consulting
      services. The shares were valued at $.01 per share, based upon the last sales
      price of Domino common stock on the day the consulting agreements were executed,
      and $5,000 was charged to expense for this issuance.





In
      February 2005, Domino began a second private placement which ended in March
      2005
      (the “Second Offering”). In the Second Offering, Domino sold a total of
      1,000,000 shares of its common stock for a per share price of $0.50 (i.e.,
      raising a gross total of $500,000). The Second Offering was a private placement
      made under Rule 506 promulgated under the Securities Act of 1933, as amended.





At
      the
      effective time of the merger transaction among the Company, Domino, and Merger
      Subsidiary, the legal existence of Merger Subsidiary ceased, and all 8,000,000
      shares of common stock of Domino that were outstanding immediately prior to
      the
      Merger and held by Domino’s shareholders were cancelled, with one share of
      common stock of Domino issued to the Company. Simultaneously, the former holders
      of Domino common stock received an aggregate of 8,000,000 shares of common
      stock
      of the Company, representing approximately 93.0% of the Company’s common stock
      outstanding immediately after the Merger. Additionally, pursuant to the Merger
      Agreement, the Company cancelled 133,334 shares of common stock held by the
      Company’s shareholders and issued 459,141 shares of restricted common stock to
      certain of the Company’s shareholders.





In
      October 2005, the Company began a private placement offering of a maximum of
      1,500,000 units for sale for a per unit price of $1.00 (the “Third Offering”).
      Each unit consists of one share of the Company’s common stock and a five-year
      warrant to purchase one additional share of the Company’s common stock at a
      purchase price $1.50 per share. As of December 31, 2005 the Company had sold
      125,000 units. The Third Offering is a private placement made under Rule 506
      promulgated under the Securities Act of 1933, as amended. As such, the
      securities offered and sold in the Third Offering were not and have not been
      registered under the Securities Act and may not be offered or sold in the United
      States absent registration or an applicable exemption from registration
      requirements.








**Note
      7. Stock Options and Warrants**





At
      December 31, 2005, the Company had 125,000 warrants outstanding with exercise
      prices of $1.50. The warrants expire in December 2010 and are fully
      vested.





25


In
      July
      2005, the Company’s board of directors approved a stock option plan (“2005 Stock
      Option Plan”) to provide incentives to employees, directors, officers and
      consultants. Currently, 1,500,000 shares of common stock are reserved for
      issuance under the 2005 Stock Option Plan. Under the 2005 Stock Option Plan,
      options may be issued as either incentive stock options or non-statutory stock
      options, and are valued at the fair market value of the underlying stock on
      the
      date of grant. The exercise price of incentive stock options may not be less
      than 100% of the fair market value of the stock underlying the option on the
      date of the grant and, in some cases, may not be less than 110% of such fair
      market value. The adoption of the 2005 Stock Option Plan is subject to
      shareholder approval. If not approved by the shareholders on or prior to the
      one-year anniversary date of the board of directors’ approval, the Company will
      not be able to issue incentive stock options under the 2005 Stock Option Plan.
      As of December 31, 2005, the Company had granted options for 850,000 shares
      of
      common stock, all with exercise prices of $1.01, under the 2005 Stock Option
      Plan.





The
      weighted-average grant date fair market value of options granted during the
      year
      ended December 31, 2005 was $0.65.




The
      following table summarizes options and warrants to purchase shares of the
      Company’s common stock:





Options
              Outstanding
            Weighted
              Average
              Exercise
                Price
              Per
                Share of Options
            Range
                of Option
              Exercise
              Price
            
            Warrants
              Outstanding
            Weighted
              Average
                Exercise
              Price
              Per
                Share
              of
                WarrantsBalance
                at December 31, 2003
            -
            N/A
            N/A
            
            -
            N/AGranted
            -
            N/A
            N/A
            
            -
            N/ABalance
                at December 31, 2004
            -
            N/A
            N/A
            
            -
            N/AGranted
            850,000
            $1.01
            $1.01
            
            125,000
            $1.50Balance
                at December 31, 2005
            850,000
            $1.01
            $1.01
            
            125,000
            $1.50Exercisable
                at December 31, 2005
            -
            N/A
            N/A
            
            125,000
            $1.50





The
      following table summarizes information about stock options outstanding at
      December 31, 2005:





Exercise
              Prices
            Options
                outstanding
            
            Options
                exercisableNumber
              Outstanding
            Weighted-
              Average
              Remaining
              Contractual
              LifeWeighted-
              Average
              Exercise
              Price
            
            Number
              Exercisable
            Weighted-
              Average
              Exercise
              Price$1.01
            850,000
            9.66
            $1.01
            
            -
            N/A$1.01
            850,000
            9.66
            $1.01
            
            -
            N/A








**Note
      8. Related Party Transactions**





A
      company
      wholly-owned by a director and the former Chairman and Chief Executive Officer
      of the Company and employing a director and Chief Financial Officer of Ready
      Credit charged approximately $4,500 for rent during the period ended December
      31, 2004, $59,980 for rent and consulting services during the year ended
      December 31, 2005 and $64,480 for rent and consulting services for the period
      from October 1, 2004 (inception) to December 31, 2005. The rent agreement is
      month-to-month with a base rent of $3,000 per month.




A
      limited
      liability company, owned by the spouse and daughter of a director and the former
      Chairman and Chief Executive Officer of the Company, loaned the Company $1,000
      in October 2004. The loan was due upon demand and was non-interest bearing.
      The
      loan was repaid in January 2005.





26


**Note
      9. Income Taxes**





Deferred
      income taxes reflect the net tax effects of temporary differences between the
      carrying amounts of assets and liabilities for financial reporting purposes
      and
      the amounts used for income tax purposes. The temporary differences principally
      relate to net operating loss carryforwards and depreciation.





The
      Company has net operating loss carryforwards of approximately $852,000 at
      December 31, 2005 expiring at various times beginning 2024 that can be used
      to
      offset future taxable income.





The
      Company has recorded a full valuation allowance against the net deferred tax
      asset due to the uncertainty of realizing the related benefits and does not
      include any eliminations of net operating loss carryforwards as disclosed above
      as follows at December 31:


2005
            
            2004Deferred
                income tax assets:Net
                operating loss carryforwards
            
            $
            352,000
            
            $
            7,000Less:
                valuation allowance
            
            
            (352,000
            )
            
            (7,000
            )Net
                deferred income tax assets
            
            $
            -
            
            $
            -





The
      change in the valuation allowance was $345,000, $7,000 and $352,000 for the
      year
      ended December 31, 2005, the period ended December 31, 2004 and for the period
      from October 1, 2004 (inception) to December 31, 2005,
      respectively.





Income
      tax computed at the U.S. federal statutory rate reconciled to the effective
      tax
      rate is as follows for the year ended December 31, 2005, the period ended
      December 31, 2004 and the period from October 1, 2004 (inception) to December
      31, 2005:





Year
                Ended December 31, 2005
            
            Period
                Ended December 31, 2004
            
            October
                1, 2004 (inception) to December 31, 2005Federal
                statutory tax rate benefits
            
            
            (35.0
            )%
            
            (35.0
            )%
            
            (35.0
            )%State
                tax, net of federal benefit
            
            
            (6.5
            )%
            
            (6.5
            )%
            
            (6.5
            )%Change
                in valuation allowance
            
            
            41.5
            %
            
            41.5
            %
            
            41.5
            %Effective
                tax rate
            
            
            0.0
            %
            
            0.0
            %
            
            0.0
            %








**Note
      10. Subsequent Events**





In
      January 2006, the Company issued ten-year stock options to purchase 140,000
      shares of common stock with an exercise price of $1.15 per share to an
      employee.





In
      2006,
      the Company sold an additional 575,000 units under the Third Offering. These
      units were not and have not been registered under the Securities Act and may
      not
      be offered or sold in the United States absent registration or an applicable
      exemption from registration requirements.




27





**Item
      8.**   **Changes
      In and Disagreements With Accountants on Accounting and Financial
      Disclosure**





None.








**Item
      8A.**  **Controls
      and Procedures**





The
      Company carried out an evaluation, with the participation of our chief executive
      and chief financial officers, of the effectiveness, as of December 31, 2005,
      of
      our disclosure controls and procedures (as defined in Rules 13a-14(c) and
      15d-14(c) of the Securities Exchange Act of 1934). Based upon that evaluation,
      made at the end of the period, our chief executive officer and chief financial
      officer concluded that our disclosure controls and procedures are effective
      in
      alerting them on a timely basis to material information required to be disclosed
      in our periodic reports to the SEC, and that there has been no significant
      change in such internal controls, or other factors which could significantly
      affect such controls including any corrective actions with regard to significant
      deficiencies or material weaknesses, since our evaluation. However, due to
      the
      limited number of Company employees engaged in the authorization, recording,
      processing and reporting of transactions, there is inherently a lack of
      segregation of duties. During the course of their audit of our consolidated
      financial statements for Fiscal 2005, our independent registered public
      accounting firm, Virchow, Krause & Company, LLP, advised management and the
      audit committee of our board of directors that they had identified a deficiency
      in internal control. The deficiency is considered to be a material weakness
      as
      defined under standards established by the American Institute of Certified
      Public Accountants. The material weakness relates to the lack of segregation
      of
      duties within the financial processes in the Company. The Company periodically
      assesses the cost versus benefit of adding the resources that would remedy
      or
      mitigate this situation, and currently does not consider the benefits to
      outweigh the costs of adding additional staff in light of the limited number
      of
      transactions related to the Company’s operations.








**Item
      8B.**  **Other
      Information**





None.




28


**PART
      III**





**Item
      9.**  **Directors,
      Executive Officers, Promoters and Control Persons; Compliance With Section
      16(a)
      of the Exchange Act**





Our
      board
      of directors and management team include:





Name
            
            Age
            
            PositionsThomas
                H. Healey
            
            66
            
            Chairman
                of the Board and DirectorTimothy
                J. Walsh
            
            44
            
            Chief
                Executive Officer, President and DirectorRonald
                E. Eibensteiner
            
            53
            
            DirectorBrian
                D. Niebur
            
            42
            
            Chief
                Financial Officer and Director




*Thomas
      H. Healey* .
      Mr.
      Healey was appointed a Director and elected as our Chairman of the Board in
      August 2005. Mr. Healey co-founded and has served as the Chairman of Healey
      Ramme Company since 1979. Healey Ramme Company provides full service real estate
      development services primarily for large multi-family projects. Mr. Healey
      founded and has served as Chairman of Crown Bankshares, Inc. since 2000. Crown
      Bankshares, Inc. is a family-owned Minnesota-based bank. From 1989 until its
      sale to Associated Bank in 1999, Mr. Healey served as Chairman of Windsor
      Bancshares, Inc. and President of its subsidiary, Bank Windsor, from 1991 to
      1995. Mr. Healey has served in senior management and directorship roles at
      a
      number of other privately-held companies throughout his career.





*Timothy
      J. Walsh* .
      Mr.
      Walsh was appointed a Director of the Company in May 2005 and elected Chief
      Executive Officer and President in July 2005. From November 2001 to January
      2005, Mr. Walsh served as the Senior Vice President, Sales and Marketing of
      Sagebrush Corporation whose primary business activity is providing information
      access systems to educational institutions.  From 1999 to November 2001,
      Mr. Walsh served as founder and President of Shopforschool, a start-up internet
      venture whose primary focus was providing parents with a vehicle to raise funds
      for schools through online shopping. Prior to his association with
      Shopforschool, Mr. Walsh was the Vice President, Sales, Marketing and Business
      Development for the OnHealth Network Company.





*Ronald
      E. Eibensteiner.* Mr.
      Eibensteiner has served as a Director of the Company since May 2005. Mr.
      Eibensteiner served as the Company’s Chairman of the Board from May 2005 until
      August 2005 and as the Company’s Chief Executive Officer and President from May
      2005 until July 2005. Mr. Eibensteiner has served as a Director, Chairman of
      the
      Board, President and Chief Executive Officer of the Company’s wholly-owned
      subsidiary, Domino Entertainment, Inc. since January 2005. He has been the
      President of Wyncrest Capital, Inc. since 1993 and has been a seed investor
      in
      several early-stage technology companies. Mr. Eibensteiner served as the
      Chairman of the Board of Spectre Gaming, Inc. (OTCBB: SGMG) from May 1996 to
      February 2005 and that company’s CEO and President from February 2003 to April
      2004. He was a cofounder of Diametrics Medical, Inc., a manufacturer of blood
      gas diagnostic systems; cofounder of OnHealth Network Company, a web-based
      publisher of health and wellness information, which was later purchased by
      WebMD; director of BigCharts, Inc., a leading provider of financial internet
      content, until its sale to MarketWatch.com in June 1999; and was Chairman of
      Prodea Software Corporation, a data-warehousing software company, until its
      sale
      to Platinum Technology, Inc., in January 1996. In 1983, Mr. Eibensteiner
      cofounded Arden Medical Systems and served as its Chief Financial Officer until
      its sale to Johnson & Johnson in 1987. Mr. Eibensteiner holds a Bachelor of
      Science degree in Political Science from the University of
      Minnesota.





*Brian
      D. Niebur.* Mr.
      Niebur has
      served as Chief Financial Officer and a Director of the Company since May 2005.
      Mr. Niebur has served as the Chief Financial Officer and Director of the
      Company’s wholly-owned subsidiary, Domino Entertainment, Inc. since January
      2005. Mr. Niebur served as Chief Financial Officer and a Director of Spectre
      Gaming, Inc. (OTCBB: SGMG) from February 2003 until November 2005. Mr. Niebur
      has been employed part time by Entrx Corporation (Pink Sheets: ENTX) as its
      Treasurer and Chief Financial Officer since February 2002. Entrx Corporation
      is
      primarily engaged in providing industrial insulation services through its
      California subsidiary, Metalclad Insulation Corporation. In addition, since
      July
      2000, and also on a part-time basis, Mr. Niebur has acted as a vice president
      and controller for Wyncrest Capital, Inc. in Minneapolis, Minnesota, a privately
      held venture capital firm. From August 1997 until July 2000, Mr. Niebur was
      the
      controller for Vital Images, Inc., a developer and marketer of medical
      visualization and analysis software. Mr. Niebur was the vice president and
      controller of IVI Publishing, Inc, from September 1993 until August 1997. IVI
      Publishing, Inc. was an electronic publisher of health and medical information.
      Mr. Niebur has passed the certified public accounting examination.





29


Each
      member of our board of directors was elected to serve until the next annual
      meeting of our shareholders.





**Compliance
      with Section 16(a) of the Securities Exchange Act of 1934**





Section
      16(a) of the Securities Exchange Act of 1934, as amended, requires the Company’s
      officers, directors and persons considered to be beneficial owners of more
      than
      ten percent of a registered class of the Company’s equity securities to file
      reports of ownership and changes in ownership with the SEC. Officers, directors
      and greater-than-ten-percent shareholders are required by SEC regulations to
      furnish the Company with copies of all Section 16(a) forms they file. Based
      on a
      review of the copies of such forms furnished to the Company, or written
      representations that no applicable filings were required, the Company believes
      that all such filings were filed on a timely basis for the fiscal year
      2005.





**Code
      of Ethics**





We
      have
      adopted a Code of Ethics which is intended to govern the conduct of our
      officers, directors and employees in order to promote honesty, integrity,
      loyalty and the accuracy of our financial statements. You may obtain a copy
      of
      the Code of Ethics without charge by writing us and requesting a copy,
      attention: Brian Niebur, 800 Nicollet Mall, Suite 2690, Minneapolis, Minnesota
      55402. You may also request a copy by calling us at (612) 279-2005.





**Audit
      Committee and Audit Committee Financial Expert**





The
      Company has established an audit committee within the board of directors that
      currently consists of the entire board of directors. The board of directors
      has
      determined that each of the audit committee members is able to read and
      understand fundamental financial statements and that at least one member of
      the
      audit committee has past employment experience in finance or
      accounting.





The
      board
      of directors has determined that at least one member of the audit committee,
      Mr.
      Healey, is an “audit committee financial expert” as that term is defined in Item
      401(e)(2) of Regulation S-B promulgated under the Securities and Exchange Act
      of
      1934. Mr. Healey’s relevant experience includes his service as the Chairman of
      Healey Ramme Company and Chairman of Crown Bankshares, Inc.. Mr. Healey
      qualifies as an “independent director,” as such term is defined in Section
      4200(a)(15) of the National Association of Securities Dealers’ listing
      standards, and meets the criteria for independence set forth in Rule 10A-3(b)(1)
      under the Securities and Exchange Act of 1934.








**Item
      10.**  **Executive
      Compensation**





The
      following table sets forth the total compensation paid by the Company during
      its
      last three fiscal years to the persons who served as President and Chief
      Executive Officer of the Company and each other executive officer of the Company
      whose total annual base salary plus bonus compensation for the most recent
      fiscal year exceeded $100,000 (all of whom are the “Named Executive
      Officers”).




30




SUMMARY
      COMPENSATION TABLE





Annual
                Compensation
            Long-Term
              Compensation
              AwardsName
                and Principal Position
            Year
            Salary
              ($)
            Bonus
              ($)
            Other
                Annual
              Compensation
              ($)
            Securities
              Underlying
              Options
              (#)Timothy
                J. Walsh, President and
            2005
            $68,750
            -
            $61,385(2)
            600,000CEO(1)
            2004
            -
            -
            -
            -2003
            -
            -
            -
            -Ronald
                E. Eibensteiner, President
            2005
            -
            -
            -
            -and
                CEO(3)
            2004
            -
            -
            -
            -2003
            -
            -
            -
            -Quinton
                Hamilton, President(4)
            2005
            -
            -
            -
            -2004
            -
            -
            -
            -2003
            -
            -
            -
            -





(1)
      Mr.
      Walsh was appointed President and Chief Executive Officer on July 18,
      2005.





(2)
      This
      compensation represents consulting fees paid to Mr. Walsh prior to him becoming
      a Company employee.





(3)
      Mr.
      Eibensteiner was appointed President and Chief Executive Officer on May 12,
      2005
      and resigned from those positions effective July 18, 2005. Mr. Eibensteiner
      did
      not receive any salary while in those positions.





(4)
      Mr.
      Hamilton was appointed President in July 2004 and resigned from that position
      effective May 12, 2005.








OPTION
      GRANTS DURING 2005 FISCAL YEAR





The
      following table sets forth the options that were granted to the Named Executive
      Officers during the Company’s last fiscal year which ended December 31,
      2005.





Name
            Number
                of
              Securities
              Underlying
              Options
              Granted
                (#)
            Percent
                of
              Total
                Options/
              Granted
                to
              Employees
                in
              Fiscal
                Year
            Exercise
                or
              Base
                Price
              ($/Share)
            Expiration
              DateTimothy
                J. Walsh
            600,000
            100%
            1.01
            8/26/2015Ronald
                E. Eibensteiner
            0
            0
            -
            -Quinton
                Hamilton
            0
            0
            -
            -








31








OPTION
      EXERCISES DURING FISCAL 2005


AND
      FISCAL YEAR-END OPTION VALUES





The
      following table provides certain information regarding the exercise of stock
      options to purchase shares of the Company’s common stock by the Named Executive
      Officers during the year ended December 31, 2005, and the fiscal year-end value
      of unexercised stock options held by such Named Executive Officers.





Name
            Number
              of
              Shares
              Acquired
              On
              Exercise
            Value
              Realized
              ($)
            Number
                of
              Unexercised
              Options
                at
              Fiscal
                Year End
              (exercisable
                /
              unexercisable)
            Value
                of Unexercised
              In-the-Money
                Options
              at
                Fiscal Year End ($)
              (exercisable
                /
              unexercisable)Timothy
                J. Walsh
            0
            0
            0/600,000
            $0/$84,000Ronald
                E. Eibensteiner
            0
            0
            -
                /
                -
            $0
                / $0Quinton
                Hamilton
            0
            0
            -
                /
                -
            $0
                / $0





(1)
            Based
                on a fiscal year end of December 31, 2005 and a closing bid price
                on the
                pink sheets of $1.15 per share on December 31, 2005. The value of
                in-the-money options is calculated as the difference between the
                fair
                market value of the common stock underlying the options at fiscal
                year end
                and the exercise price of the options. Exercisable options refer
                to those
                options that are exercisable as of December 31, 2005, while unexercisable
                options refer to those options that become exercisable at various
                times
                thereafter.








**Director
      Compensation**





Directors
      do not presently receive any compensation from the Company for attending board
      of directors or committee meetings, although the Company does reimburse
      directors for expenses incurred in attending such meetings. The Company has
      no
      official plan or policy for compensating directors with stock options or stock
      awards.




In
      August
      2005, the Company granted a director an option for 250,000 shares of the
      Company’s common stock at an exercise price of $1.01 per share, as an inducement
      for him to join the Company’s board of directors. 83,333 of these options will
      vest on August 26, 2006, an additional 83,333 of such options will vest on
      August 26, 2007 and the remaining 83,334 options will vest on August 26,
      2008.








**Item
      11.**  **Security
      Ownership of Certain Beneficial Owners and Management**





The
      following table sets forth certain information with respect to beneficial
      ownership of the Company’s common stock as of the February 1, 2006 by: (i) each
      director of the Company, (ii) each ”Named Executive Officer” as defined in the
      Summary Compensation Table above, (iii) all directors and executive officers
      of
      the Company as a group, and (iv) each person or entity known by the Company
      to
      own beneficially more than five percent (5%) of the Company’s common stock.
      Unless otherwise indicated, the address of each of the following persons is
      800
      Nicollet Mall, Suite 2690, Minneapolis, Minnesota 55402, and each such person
      has sole voting and investment power with respect to the shares of common stock
      set forth opposite their respective names.




32




**Name
                and Address of Beneficial Owner**
            
            **Number
                of**
              **Shares
                Beneficially**
              **Owned****(1)**
            
            **Percent
                of Outstanding**
              **Shares****(1)**Thomas
                Healey
            
            -
            
            -Timothy
                J. Walsh
            
            100,000
            
            1.2%Ronald
                E. Eibensteiner
            
            2,250,000(2)
            
            26.6%Brian
                D. Niebur
            
            350,000
            
            4.2%All
                executive officers and directors as a group
            
            2,700,000(3)
            
            31.9%D.
                Bradly Olah
              5950
                County Road 101
              Plymouth,
                MN 55446
            
            1,950,000(4)
            
            23.0%Morgan
                Street Partners, LLC
              800
                Nicollet Mall, Suite 2690
              Minneapolis,
                MN 55402
            
            1,500,000
            
            18.0%Laurie
                Eibensteiner
              800
                Nicollet Mall, Suite 2690
              Minneapolis,
                MN 55402
            
            500,000(5)
            
            6.0%




(1)
            Beneficial
                ownership is determined in accordance with the rules of the SEC,
                and
                includes general voting power and/or investment power with respect
                to
                securities. Shares of common stock subject to options or warrants
                currently exercisable or exercisable within 60 days of the record
                rate are
                deemed outstanding for computing the beneficial ownership percentage
                of
                the person holding such options or warrants but are not deemed outstanding
                for computing the beneficial ownership percentage of any other person.
                Except as indicated by footnote, the persons named in the table above
                have
                the sole voting and investment power with respect to all shares of
                common
                stock shown as beneficially owned by
                them.


(2)
            Includes
                (a) 1,500,000 shares of common stock held by Morgan Street Partners,
                LLC;
                and (b) 500,000 shares of common stock held by Piper Jaffray as Custodian
                FBO Laurie Eibensteiner. Mr. Eibensteiner is the beneficial owner
                of
                Morgan Street Partners, LLC. Ms. Eibensteiner is the spouse of Mr.
                Eibensteiner. Also includes 125,000 shares that Mr. Eibensteiner
                may
                acquire upon the exercise of outstanding
                warrants.


(3)
            Includes
                Messrs. Healey, Walsh, Eibensteiner and
                Niebur.


(4)
            Includes
                125,000 shares that Mr. Olah may acquire upon the exercise of currently
                outstanding warrants


(5)
            Includes
                500,000 shares of common stock held by Piper Jaffray as Custodian
                FBO
                Laurie Eibensteiner. Mr. Eibensteiner is the beneficial owner of
                Morgan
                Street Partners, LLC. Ms. Eibensteiner is the spouse of Mr.
                Eibensteiner.





33




**Equity
      Compensation Plan Information**





The
      table
      below sets forth the number of shares of common stock of the Company authorized
      for issuance, as of December 31, 2005, under equity compensation plans
      (including individual compensation arrangements, whether or not reduced to
      writing) approved by our security holders and under equity compensation plans
      not approved by our security holders.





**Plan
                Category**
            
            **Number
                of Securities to be issued upon exercise of outstanding options,****warrants
                and rights**
            
            **Weighted-average
                exercise price of outstanding options,****warrants
                and rights**
            
            **Number
                of securities remaining available for future issuance under equity
                compensation plans (excluding securities reflected in****column
                (a))**(a)
            
            
            (b)
            
            (c)Equity
                compensation plans approved by security holders
            
            -
            
            
            -
            
            -Equity
                compensation plans not approved by security holders
            
            975,000
            
            
            $1.07
            
            650,000Total
            
            975,000
            
            
            $1.07
            
            650,000




**2005
      Stock Option Plan**





In
      July
      2005, the Company’s board of directors approved a stock option plan (“2005 Stock
      Option Plan”) to provide incentives to employees, directors, officers and
      consultants. Currently, 1,500,000 shares of common stock are reserved for
      issuance under the 2005 Stock Option Plan. Under the 2005 Stock Option Plan
      options may be issued as either incentive stock options or non-statutory stock
      options and are valued at the fair market value of the underlying stock on
      the
      date of grant. The exercise price of incentive stock options may not be less
      than 100% of the fair market value of the stock underlying the option on the
      date of the grant and, in some cases, may not be less than 110% of such fair
      market value. The adoption of the 2005 Stock Option Plan is subject to
      shareholder approval. If not approved by the shareholders on or prior to the
      one-year anniversary date of the board of directors’ approval, the Company will
      not be able to issue incentive stock options under the 2005 Stock Option Plan.
      As of December 31, 2005, the Company had granted options for 850,000 shares
      of
      common stock, all with exercise prices of $1.01, under the 2005 Stock Option
      Plan.








**Item
      12.**  **Certain
      Relationships and Related Transactions**





A
      company
      wholly-owned by a director and the former Chairman and Chief Executive Officer
      of the Company and employing a director and Chief Financial Officer of Ready
      Credit charged approximately $4,500 for rent during 2004 and $59,980 for rent
      and consulting services during the year ended December 31, 2005. The rent
      agreement is month-to-month with a base rent of $3,000 per month.




A
      limited
      liability company, owned by the spouse and daughter of a director and the former
      Chairman and Chief Executive Officer of the Company, loaned the Company $1,000
      in October 2004. The loan was due upon demand and was non-interest bearing.
      The
      loan was repaid in January 2005.




34


**Item
      13.**  **Exhibits**








Number
            Description2.1
            Amended
                and Restated Agreement and Plan of Merger and Reorganization by and
                among
                the registrant (f/k/a Thunderball Entertainment, Inc., and f/k/a
                Philadelphia Mortgage Corp.), Philadelphia Mortgage Newco, Inc. and
                Thunderball Entertainment, Inc. dated May 3, 2005 (incorporated by
                reference to the registrant’s current report on Form 8-K filed on May 19,
                2005).3.1
            Articles
                of Incorporation (incorporated by reference to the registrant’s
                Registration Statement on Form 10-SB (File No. 000-50968) filed on
                September 30, 2004).3.2
            Articles
                of Merger relating to the merger of Philadelphia Mortgage Trust with
                and
                into Philadelphia Mortgage Corporation (incorporated by reference
                to the
                registrant’s Registration Statement on Form 10-SB (File No. 000-50968)
                filed on September 30, 2004).3.3
            Bylaws
                (incorporated by reference to the registrant’s Registration Statement on
                Form 10-SB (File No. 000-50968) filed on September 30,
                2004).3.4
            Amendment
                to Bylaws (incorporated by reference to the registrant’s Registration
                Statement on Form 10-SB (File No. 000-50968) filed on September 30,
                2004).3.5
            Certificate
                of Amendment to Articles of Incorporation (incorporated by reference
                to
                the registrant’s Registration Statement on Form 10-SB (File No. 000-50968)
                filed on September 30, 2004).3.6
            Articles
                of Merger filed with the Nevada Secretary of State on May 19, 2005
                (filed
                herewith).3.7
            Articles
                of Merger filed with the Nevada Secretary of State on August 17,
                2005
                (filed herewith).10.1
            2005
                Stock Option Plan (incorporated by reference to the registrant’s current
                report on Form 8-K filed on July 22, 2005).10.2
            Master
                Solutions Agreement by and between the Registrant and NCR Corporation
                dated June 8, 2005 (incorporated by reference to the registrant’s current
                report on Form 8-K filed on September 1, 2005).10.3
            Debit
                Card Sponsorship Agreement with Palm Desert National Bank, dated
                February
                1, 2006 (incorporated by reference to the registrant’s current report on
                Form 8-K filed on February 7, 2006).14
            Code
                of Ethics (filed herewith).16
            June
                17, 2005 letter from Mantyla McReynolds LLC on change in certifying
                accountant (incorporated by referenced to the registrant’s current report
                on Form 8-K filed on June 17, 2005).21
            List
                of Subsidiaries (filed herewith).31.1
            Rule
                13a-14(a) Certification of Chief Executive Officer (filed
                herewith).31.2
            Rule
                13a-14(a) Certification of Chief Financial Officer (filed
                herewith).32
            Section
                1350 Certification (filed
                herewith).




35





**Item
      14.**  **Principal
      Accountant Fees and Services**





The
      board
      of directors of the Company selected Virchow, Krause & Company, LLP,
      certified public accountants with offices in Minneapolis, Minnesota, to audit
      the Company’s consolidated financial statements for the year ended December 31,
      2005 and the period ended December 31, 2004. The following table details the
      fees paid to Virchow Krause for the year ended December 31, 2005 and the period
      ended December 31, 2004.





**2005**
            
            **2004**Audit
                Fees
            
            $
            22,867
            
            $
            5,000Audit-Related
                Fees
            
            
            2,370
            (1)
            
            -Tax
                Return Preparation Fees
            
            
            -
            
            
            5,560All
                Other Fees
            
            
            -
            
            
            -Total
            
            $
            25,237
            
            $
            10,560





(1) Fees
      related to merger transaction with Domino Entertainment, Inc., review of
      post-merger 8-K filing and other SEC filings and review of private placement
      memorandum.





The
      policy of the Company’s audit committee is to review and preapprove both audit
      and non-audit services to be provided by the independent auditors (other than
      with *de
      minimis* exceptions permitted by the Sarbanes-Oxley Act of 2002). This duty may be
      delegated to one or more designated members of the audit committee with any
      such
      approval reported to the committee at its next regularly scheduled meeting.
      Approval of non-audit services shall be disclosed to investors in periodic
      reports required by section 13(a) of the Securities Exchange Act of 1934.
      Approximately 100% of the fees paid to Virchow Krause were pre-approved by
      the
      full board of directors in-lieu of the audit committee.





No
      services in connection with appraisal or valuation services, fairness opinions
      or contribution-in-kind reports were rendered by Virchow Krause. Furthermore,
      no
      work of Virchow Krause with respect to its services rendered to the Company
      was
      performed by anyone other than Virchow Krause.




36


**SIGNATURES**





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


Ready
              Credit
              CorporationBy:
            /s/ Brian
              D.
              NieburBrian
              D. NieburChief
                Financial Officer
              Date: March 31,
                2006




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




**Signatures**
              **Title**
              **Date**/s/
                  Thomas Healey
              Chairman
              March
                  31, 2006Thomas
                  Healey/s/
                  Timothy J. Walsh
              Chief
                  Executive Officer and Director
              March
                  31, 2006Timothy
                  J. Walsh
              (Principal
                  Executive Officer)/s/
                  Brian D. Niebur
              Chief
                  Financial Officer and Director
              March
                  31, 2006Brian
                  D. Niebur
              (Principal
                  Financial and Accounting Officer)/s/
                  Ronald E. Eibensteiner
              Director
              March
                  31, 2006Ronald
                  E. Eibensteiner


37