FORM 10-KSB

(Mark one)

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

                   For the fiscal year ended December 31, 2005

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

                  For the transition period from       to

                        Commission file number: 333-74914

                        MGCC INVESTMENT STRATEGIES, INC.
                 (Name of small business issuer in its charter)

                     NEVADA                                       88-0495105
(State or other jurisdiction of incorporation or              (I.R.S. Employer
                  organization)                              Identification No.)

               12890 Hilltop Road                              Argyle, TX 76226
    (Address of principal executive offices)                      (Zip Code)


                    Issuer's telephone number (972) 233-0300

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

                   Common Stock par value of $0.0001 per share

                                (Title of class)

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


---------------------------------------     ------------------------------------
        Title of each class                 Name of exchange on which registered
                 N/A                                         N/A

Check whether the issuer is not required to file reports  pursuant to Section 13
or 15(d) of the Exchange Act. [_]

Check whether the issuer:  (1) filed all reports required to be filed by Section
13 or 15(d) of the  Exchange  Act during the past 12 months (or for such shorter
period that the registrant was required to file such reports),  and (2) has been
subject to such filing requirements for the past 90 days. Yes [X] No [_]

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

Indicate by checking  whether the  registrant  is a shell company (as defined in
Rule 126-2 of the Exchange Act). Yes [X] No [_]



<PAGE>

 State issuer's revenues for its most recent fiscal year: $-0-

State the  aggregate  market  value of the voting  stock held by  non-affiliates
computed by reference  to the price at which the stock was sold,  or the average
bid and asked  prices of such stock,  as of a specified  date within the past 60
days: $431,337.50

                   (APPLICABLE ONLY TO CORPORATE REGISTRANTS)

State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest  practicable date:  1,156,850 common shares outstanding
as of March 10, 2006.

DOCUMENTS INCORPORATED BY REFERENCE - N/A

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





                                       2
<PAGE>


                                FORM 10-KSB INDEX

                                     PART I

Item 1     Description of Business
Item 2     Description of Property
Item 3     Legal Proceedings
Item 4     Submission of Matters to a Vote of Security Holders

                                     PART II

Item 5.    Market for Common Equity and Related Stockholder Matters
Item 6.    Management's Discussion and Analysis or Plan of Operations
Item 7.    Financial Statements
Item 8.    Changes in and Disagreements with Accountants on Accounting and
              Financial Disclosure
Item 8A.   Controls and Procedures
Item 8B.   Other Information

                                    PART III

Item 9.    Directors, Executive Officers, Promoters and Control Persons;
              Compliance with Section 16(a) of the Exchange Act
Item 10.   Executive Compensation
Item 11.   Security Ownership of Certain Beneficial Owners and Management and
              Related Stockholder
           Matters
Item 12.   Certain Relationships and Related Transactions
Item 13.   Exhibits
Item 14.   Principal Accountant Fees and Services

























                                       3
<PAGE>

ITEM 1. DESCRIPTION OF BUSINESS

All share numbers referenced in this Annual Report have been adjusted to reflect
the 20-for-one reverse split of our common stock effected on February 13, 2006.

MGCC  Investment  Strategies,  Inc.  ("MGCC")  is a  development  stage  company
incorporated  in Nevada  on June 8,  2000.  We  completed  a change  in  control
transaction  on March 16,  2004.  Prior to the change in control,  our  business
purpose was to provide  corporate  finance  consulting and  management  advisory
services to emerging companies. In particular, we intended to focus our business
in the areas of  corporate  finance  consulting  services,  business  consulting
services,  broker-client  relation services and public relation services. We had
no business operations prior to the March 2004 change in control.

On March 16, 2004, pursuant to the Stock Purchase and Subscription  Agreement by
and among MGCC, Raymond R. Cottrell, McKinley Greenfield Capital, Inc. and MyTop
International Inc., a Virginia corporation ("MyTop"),  dated as of March 4, 2004
(the "Stock Purchase Agreement"), MyTop purchased 1,025,000 shares of our common
stock. Of the 1,025,000  shares of Common Stock,  MyTop purchased  25,000 shares
from Raymond Cottrell, our former Chairman, President,  Treasurer, Secretary and
majority stockholder,  who, prior to the transaction,  owned approximately 74.8%
of our outstanding shares of common stock, and we issued an additional 1,000,000
shares to MyTop for $100,000.  As a result of these  transactions,  MyTop became
the owner of approximately 96% of our issued and outstanding capital stock.

After the change in control,  we  intended  to engage in business of  developing
hi-tech  product  manufacturing  and  services  including,  but not  limited to,
digital  precision  machinery  product,  telecommunication  products,  and other
hi-tech  products and services  through the  acquisition  of interests in one or
more  entities  currently  operating in these  fields.  We entered into informal
discussions with potential  acquisition targets in China, but no agreements were
reached.

On December 19, 2005,  Hisonic  International,  Inc, formerly MyTop ("Hisonic"),
our principal  stockholder,  entered into a Stock Purchase Agreement with Halter
Financial Investments, L.P., a Texas limited partnership ("HFI") (the "HFI Stock
Purchase  Agreement"),  pursuant to which Hisonic sold  1,000,000  shares of the
company's common stock to HFI for $300,000. Following its purchase of the shares
pursuant  to the  HFI  Stock  Purchase  Agreement,  HFI  became  the  holder  of
approximately 86.4% of our issued and outstanding common capital stock.

As a result of the December 2005 change in control, Zhi Li and Ye Chen resigned
as members of the company's board of directors. Following their resignation, the
sole remaining director, Rachel (Pin) Kang, adopted resolutions electing Timothy
P. Halter to the Company's board of directors subject to compliance with Rule
14f-1 of the Securities Exchange Act of 1934, as amended. Ms. Kang and all other
executive officers of the company also resigned all positions held by them with
the company, and the board of directors thereafter voted to elect Mr. Halter as
Chairman of the Board, President, Chief Financial Officer and Secretary of the
company.

Also as a result of the December  2005 change in control,  our current  business
strategy became to locate and combine with an existing,  privately-held  company
which is profitable or, in management's view, has growth potential, irrespective
of the industry in which it is engaged.  However, the company does not intend to
combine with a private  company which may be deemed to be an investment  company
subject to the Investment  Company Act of 1940. A combination  may be structured
as a merger, consolidation,  exchange of the company's common stock for stock or
assets or any other form which will result in the combined enterprise's becoming
a publicly-held corporation.

Pending negotiation and consummation of a combination,  MGCC anticipates that it
will have,  aside from  carrying  on its search for a  combination  partner,  no
business  activities,  and,  thus,  will have no source of  revenue.  Should the
company incur any significant  liabilities prior to a combination with a private
company, it may not be able to satisfy such liabilities as are incurred.


                                       4
<PAGE>

In its pursuit for a combination  partner,  management  intends to consider only
combination  candidates  which are profitable  or, in  management's  view,  have
growth potential.  Management does not intend to pursue any combination proposal
beyond the preliminary  negotiation  stage with any combination  candidate which
does not furnish the company with audited financial  statements for at least its
most recent fiscal year and unaudited  financial  statements for interim periods
subsequent to the date of such audited financial statements, or is in a position
to provide such financial  statements in a timely  manner.  The company will, if
necessary,  engage attorneys and/or  accountants in its efforts to investigate a
combination candidate and to consummate a business combination.  The company may
require payment of fees by such combination  candidate to fund the investigation
of such candidate.

Furthermore,  to the knowledge of the company's officers and directors,  neither
the  candidate  nor  any  of  its  directors,   executive  officers,   principal
stockholders or general partners:

     (1) will not have been  convicted  of  securities  fraud,  mail fraud,  tax
fraud,   embezzlement,   bribery,   or  a  similar  criminal  offense  involving
misappropriation or theft of funds, or be the subject of a pending investigation
or indictment involving any of those offenses;

     (2) will not have been subject to a temporary or  permanent  injunction  or
restraining order arising from unlawful  transactions in securities,  whether as
issuer,  underwriter,  broker, dealer, or investment advisor, may be the subject
of any pending investigation or a defendant in a pending lawsuit arising from or
based upon allegations of unlawful transactions in securities; or

     (3) will not have been a defendant in a civil  action  which  resulted in a
final  judgment  against it or him  awarding  damages or  rescission  based upon
unlawful practices or sales of securities.  The Company's officers and directors
will make these  determinations by asking pertinent  questions of the management
of  prospective  combination  candidates.  Such persons will also ask  pertinent
questions of others who may be involved in the combination proceedings. However,
the officers and directors of the Company will not generally take other steps to
verify independent information obtained in this manner which is favorable.

As of the date of this report,  we have not entered into any  arrangements  with
any third party concerning a combination transaction.

On February 13, 2006,  in  accordance  with the terms of the HFI Stock  Purchase
Agreement, we effected a 20-for-one reverse stock split of our common stock.

HFI, Hisonic and Rachel (Pin) Kang, our former executive  officer,  have entered
into a Put Option Agreement  providing that Hisonic and Ms. Kang may require HFI
to purchase up to an aggregate of 75,000  shares of the common  capital stock of
the  company at a price per share of $4.00 at any time during the period of time
commencing August 13, 2006 and ending six months after the company's  completion
of  a  transaction   whereby  the  company  acquires   operating   control,   or
substantially  all of the assets,  of a privately  held  corporation  generating
revenues  as  reported  in  financial  statements  audited  in  conformity  with
accounting practices and generally accepted in the United States.

ITEM 2. DESCRIPTION OF PROPERTY

MGCC has no real property  assets.  MGCC currently uses office space provided by
HFI for which it pays no rent, nor is any payment obligation being accrued.

ITEM 3. LEGAL PROCEEDINGS

None

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

None


                                       5
<PAGE>

                                     PART II

ITEM 5. MARKET FOR THE COMMON EQUITY AND RELATED STOCKHOLDER MATTERS

Our common stock  became  eligible  for  quotation on the OTC Bulletin  Board on
October 4, 2005 and currently trades under the symbol MGIS.OB.  The stock trades
sporadically  and has had a high closing  price of $6.00 and a low closing price
of $2.00 during the period  commencing  October 4, 2005 and ending  February 28,
2006. We completed a 20-for-one  split on February 13, 2006, and as of March 10,
2006,  a total of  1,156,850  shares of our common  stock are  outstanding,  and
156,850 shares are available for resale to the public.

The number of holders of record of our common stock at December 31, 2005, and at
March 10, 2006, was 43 and nine,  respectively.  We have not issued dividends in
the past two fiscal years.

ITEM 6 MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

The following  discussion and analysis  provides  information  which  management
believes  is  relevant  to an  assessment  and  understanding  of our results of
operations and financial condition. The discussion should be read in conjunction
with our financial statements and notes thereto appearing in this filing.

The following discussion and analysis contains forward-looking statements, which
involve risks and  uncertainties.  Our actual  results may differ  significantly
from the results,  expectations  and plans  discussed  in these  forward-looking
statements.

Overview
--------

Prior to the  December  2005  change in  control  transaction,  MGCC's  business
purpose was primarily to provide  corporate  finance  consulting  and management
advisory  services to emerging  companies.  Subsequent  to  December  2005,  the
Company's  business strategy is to seek to consummate a combination  transaction
with a profitable, privately held operating business.

Plan of Operation
-----------------

MGCC is a development  stage company  incorporated in Nevada on June 8, 2000. We
have not had any  operations  since our  formation.  As  described  above,  MGCC
completed a change in control  transaction on December 19, 2005. During the next
twelve months  (through March 2007), we expect to move forward with our business
strategy  of  seeking to effect a  combination  transaction  with a  profitable,
privately  held  operating  business  as  described  in "Item  1-Description  of
Business" above.


Period from June 8, 2000 (Date of Inception) Through December 31, 2005.
-----------------------------------------------------------------------

Net loss since  inception  has amounted to  $205,475,  primarily  consisting  of
professional  fees,  reimbursement  fees, and  management  fees for provision of
administration  services and facilities.  The accounting and legal expenses were
in connection with our annual and quarterly  regulatory filings.  Our cumulative
net losses since inception are attributable to the fact that we have not derived
any revenue from operations to offset our business development expenses.

Results of Operations, Twelve Months Ended December 31, 2005.
-------------------------------------------------------------

We had no  operating  activities  or  revenues  during the twelve  months  ended
December 31,  2005.  We  recognized  a net loss of $54,610 in the twelve  months



                                       6
<PAGE>

ended  December 31, 2005.  Expenses  for this year  comprised of  administrative
(consulting,   professional,   printing  and   reproduction)  and  miscellaneous
expenses.

Liquidity and Capital Resources.
--------------------------------

As of March 10, 2006, we had approximately $100 in working capital, which, along
with  advances  from  our   controlling   stockholder,   can  satisfy  our  cash
requirements for the next twelve months.

Off-Balance Sheet Arrangements.
-------------------------------

We currently do not have, and do not intend to enter into, any off-balance sheet
arrangements with any person or entity.

ITEM 7. FINANCIAL STATEMENTS

Please see the Financial  Statements  found following the signature page to this
report.

ITEM  8.  CHANGES  IN AND  DISAGREEMENTS  WITH  ACCOUNTANTS  ON  ACCOUNTING  AND
FINANCIAL DISCLOSURE

None

ITEM 8A CONTROLS AND PROCEDURES

Disclosure  controls and procedures are the controls and procedures  designed to
ensure that  information  that we are required to disclose in our reports  under
the Exchange Act of 1934, as amended,  is recorded,  processed,  summarized  and
reported within the time periods  required.  They include,  without  limitation,
controls and procedures  designed to ensure that  information is accumulated and
communicated to management in order to allow timely decisions regarding required
disclosure.

Under the  supervision  and with the  participation  of management,  chiefly our
President,  who  performs  the  functions  of  principal  executive  officer and
principal  accounting  officer, we evaluated the effectiveness of the design and
operation of its disclosure  controls and procedures within twelve months of the
filing date of this annual report.

Based on that  evaluation,  our President has concluded  that these controls and
procedures are effective. There have been no significant changes in our internal
controls including those controls over financial  reporting in this period or in
other factors that could significantly affect these controls,  subsequent to the
date of the evaluation.


ITEM 8B OTHER INFORMATION

None.















                                       7
<PAGE>

                                    PART III

ITEM 9. DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS; COMPLIANCE
WITH  SECTION  16(a)  OF THE  EXCHANGE  ACT.  The  following  table  sets  forth
information about our executive officers and directors.

Name                           Age                       Position
Timothy P. Halter              39      Chief Executive Officer, President, Chief
                                       Financial Officer and Director



Directors and Officers
----------------------

Tim  Halter:  Since  1995,  Mr.  Halter  has  been  the  President  and the sole
stockholder of Halter  Financial  Group,  Inc. a Dallas,  Texas based consulting
firm  specializing in the area of mergers,  acquisitions and corporate  finance.
Mr. Halter  currently  serves as a director of DXP  Enterprises,  Inc., a public
corporation  (Nasdaq:  DXPE),  and an officer of Nevstar  Corporation,  a Nevada
corporation, and Zeolite Exploration Company, a Nevada corporation.


All  officers  and  directors  listed above will remain in office until the next
annual meeting of our  stockholders,  and until their  successors have been duly
elected and qualified.  There are no agreements  with respect to the election of
Directors.  We have not  compensated  our  Directors for service on our Board of
Directors,  any  committee  thereof,  or  reimbursed  for expenses  incurred for
attendance  at meetings of our Board of  Directors  and/or any  committee of our
Board of Directors.  Officers are appointed  annually by our Board of Directors,
and each  Executive  Officer serves at the discretion of our Board of Directors.
We do not have any standing committees.

Board Committees
----------------

The Board of  Directors  has  established  no  committees.  The entire  board of
directors  is acting as the  Company's  audit  committee as specified in section
3(a)(58)(B)  of the  Exchange  Act,  and the  Company  does  not  have an  audit
committee  financial  expert serving on its audit  committee as the Company does
not currently have any business operations.

Section 16(a) Beneficial Ownership Reporting Compliance
-------------------------------------------------------

Section 16(a) of the Securities  Exchange Act of 1934 requires MGCC's  executive
officers and directors,  and persons who  beneficially own more than ten percent
of MGCC's  Common  Stock,  to file initial  reports of ownership  and reports of
changes in ownership with the Securities  and Exchange  Commission  (the "SEC").
Executive officers, directors and greater than ten percent beneficial owners are
required by the SEC to furnish MGCC with copies of all Section  16(a) forms they
file.  During fiscal year 2005, the officers,  directors and 10% stockholders of
the Company filed all Section 16(a) reports they are required to file.

Code Of Ethics
--------------

MGCC formally  established  the following Code of Ethics pursuant to Section 406
of the Sarbanes-Oxley Act: MGCC Investment Strategies, Inc. ("MGCC") has adopted
this Code of Ethics (the "Code")  pursuant to Section 406 of the  Sarbanes-Oxley
Act of 2002. This Code is designed to deter wrongdoing and to promote:




                                       8
<PAGE>

     o    Honest and ethical  conduct,  including the ethical handling of actual
          or apparent  conflicts of interest  between  personal and professional
          relationships;
     o    Full, fair, accurate,  timely and understandable disclosure in reports
          and  documents  that MGCC files with,  or submits to, the SEC,  and in
          other public communications that MGCC made;
     o    Compliance with applicable government laws, rules and regulations;
     o    The  prompt  internal  reporting  of  violations  of this  Code to the
          appropriate person or persons identified herein; and
     o    Accountability for adherence to this Code.

This Code requires the highest  standard of ethical  conduct and fair dealing of
its Senior Financial  Officers  ("SFO"),  defined as the Chief Executive Officer
and Chief Financial Officer. While, per Sarbanes-Oxley,  this policy is intended
to only cover the actions of the SFO, MGCC expects its other officers, directors
and  employees  will also review this Code and abide by its  provisions.  MGCC's
reputation is a valuable  asset and as such must  continually  be guarded by all
associated  with MGCC so as to earn the  trust,  confidence  and  respect of our
suppliers, customers and stockholders.

MGCC's SFO are committed to conducting  business in accordance  with the highest
ethical  standards.  The SFO must comply  with all  applicable  laws,  rules and
regulations.  Furthermore,  SFO must not commit an illegal or unethical  act, or
instruct or authorize others to do so.

CONFLICTS OF INTEREST
---------------------

The SFO must act in the best  interests  of the  company,  and should  avoid any
situation that presents an actual,  potential or apparent conflict between their
personal interests and the interests of the company.

The  SFO  have a  conflict  when  their  personal  interests,  relationships  or
activities,  or those  of a  member  of their  immediate  family,  interfere  or
conflict, or even appear to interfere or conflict, with the company's interests.
A conflict of interest  prevents one from acting  objectively with the company's
best interests in mind, or prevents one from exercising sound,  ethical business
judgment.

PUBLIC COMMUNICATIONS
---------------------

The company is  committed to providing  company  information  to the public in a
manner that complies with all applicable  legal and regulatory  requirements and
that promotes investor  confidence by facilitating  fair,  orderly and efficient
behavior.  The company's  reports and documents  filed with the  Securities  and
Exchange  Commission,  as  well  as any  other  public  communications,  must be
complete,  fair,  accurate and timely. The SFO must do everything in their power
to comply with these standards.

GIFTS
-----

The SFO may not give or receive kickbacks, rebates, gifts, services or any other
benefits,  other than gifts of nominal  value  (amounts  would be  considered in
excess of  nominal  value if they  create  the  appearance  of  impropriety,  or
actually  influence  the  company  to  give  preferential,  versus  arms-length,
treatment to the provider)  from a supplier,  competitor,  government  official,
customer or any other person the company does, or expects to do business with.

CONFIDENTIAL INFORMATION
------------------------

SFO,  officers,  directors and employees are to respect the  confidentiality  of
company,  employee,  supplier,  customer,  competitor  and any other  persons or
entities'  information  that is not a  matter  of  public  record.  Confidential
information must not be used for personal gain.

COMPLIANCE WITH THIS CODE
-------------------------

SFO are  expected  to fully  comply  with this Code.  This Code will be strictly
enforced and any violations will be dealt with immediately, and depending on the
severity  of  noncompliance,   could  lead  to  disciplinary   action  including
termination.   Furthermore,  violations  involving  unlawful  behavior  will  be



                                       9
<PAGE>

reported  to  appropriate  outside  authorities.  If anyone is unclear as to the
possibility  of a  violation  of this Code,  he should  seek the  opinion of the
company's Vice President and General Counsel, the Audit Committee and/or outside
legal counsel.

If SFO, officers,  directors and employees have knowledge,  or are suspicious of
any  non-compliance  with this code, or are concerned that  circumstances  could
lead to a violation of this Code,  they should discuss this with their immediate
supervisor,  the  Company's  Vice  President  and  General  Counsel,  the  Audit
Committee and/or outside legal counsel.

The company  will not allow any  retaliation  against an employee,  officer,  or
director who acts in good faith in reporting any actual or suspected  violation.
Open  communication  of issues  and  concerns  without  fear of  retribution  or
retaliation is vital to the success of this Code.

ADHERENCE TO THE CODE
---------------------

The  CEO  and  CFO  will  have  primary  authority  and  responsibility  for the
enforcement of this Code,  subject to the  supervision of the Audit Committee of
the Board of Directors,  and shall  promptly  notify the Audit  Committee of any
violation of this Code.

ITEM 10.  EXECUTIVE COMPENSATION

Except as discussed below,  neither the chairman nor any other executive officer
received any  compensation or any restricted stock awards,  long-term  incentive
plan payouts or other types of  compensation  during the preceding  three fiscal
years.

In December  2004, we issued  50,000 shares of common stock to Rachel Kang,  our
former President,  as compensation for her management from May 2004 to May 2005.
These shares were valued at $0.03 per share, on a pre-reverse  merger basis, for
accounting purposes.

Compensation of Directors

Directors are not compensated for their services.

Bonuses and Deferred Compensation

The company does not have any bonus,  deferred  compensation or retirement plan.
The company does not have a  compensation  committee;  all  decisions  regarding
compensation are determined by the company's Board of Directors.

Stock Option and Stock Appreciation Rights

The company does not  currently  have a Stock Option Plan or Stock  Appreciation
Rights Plan. No stock options or stock  appreciation  rights were awarded during
the fiscal year ended December 31, 2005.

Employment   Contracts,   Termination   of  Employment  and  Change  of  Control
Arrangements

The  company  has not  entered  into  any  employment  contract  with any of its
executive officers.

There  are no  compensatory  plans or  arrangements,  including  payments  to be
received from us, with respect to any person named in cash  compensation set out
above which  would in any way result in  payments to any such person  because of
his resignation,  retirement,  or other termination of such person's  employment
with the company,  or any change in control of the  company,  or a change in the
person's responsibilities following a change of control.



                                       10
<PAGE>

ITEM 11. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

The  following  table  sets  forth  certain  information  with  respect  to  the
beneficial ownership of the Company's equity securities by:

     o    each  stockholder  known by the company to be the beneficial  owner of
          more than 5% of the Company's outstanding securities,

     o    each current director,

     o    each of the named executive officers of the company, and

     o    all current directors and executive officers as a group.;




<PAGE>

                                                Amount and
                                                 Nature of
  Name and Address of                           Beneficial           Percent of
    Beneficial Owner                             Ownership          Common Stock

Halter Financial Investments,
   L.P.(1)
12890 Hill Top Road                             1,000,000              86.4%
Argyle, TX 76226


Timothy Halter (1)
12890 Hill Top Road                             1,000,000              86.4%
Argyle, TX 76226

David Brigante (1)
12890 Hill Top Road                             1,000,000              86.4%
Argyle, TX 76226

George Diamond (1)
12890 Hill Top Road                             1,000,000              86.4%
Argyle, TX 76226

Marat Rosenberg (1)
12890 Hill Top Road                             1,000,000              86.4%
Argyle, TX 76226

Rachel (Pin) Kang
9998 Cyrandall Dr.
Oakton, VA 22124                                   75,000               6.5%



Directors and Officers                          1,000,000              86.4%
as a Group (2)



                                       11
<PAGE>

------------------
     (1)  Halter Financial  Investments,  L.P. is a Texas limited partnership in
          which Timothy P. Halter,  David  Brigante,  Marat Rosenberg and George
          Diamond (or their affiliated entities) are limited partners.

     (2)  Based on 1,156,850 shares outstanding as of March 10, 2006.

Under the rules of the SEC, a person is deemed to be the  beneficial  owner of a
security  if such person has or shares the power to vote or direct the voting of
such  security  or the  power to  dispose  or  direct  the  disposition  of such
security.

A person  is also  deemed to be a  beneficial  owner of any  securities  if that
person has the right to acquire beneficial  ownership within 60 days of the date
hereof.   Unless  otherwise  indicated  by  footnote,   the  named  entities  or
individuals  have sole voting and investment power with respect to the shares of
common stock beneficially owned.



ITEM 12.  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

During fiscal 2005 there was no  transactions  that required  disclosure in this
Item.



ITEM 13. EXHIBITS

         The following items are filed as exhibits to this Annual Report:

31.1     Certification  of Chief Executive  Officer and Chief Financial  Officer
         pursuant to Section 302 of the Sarbanes Oxley Act of 2002.


32.1.    Certification  of Chief Executive  Officer and Chief Financial  Officer
         pursuant to Section 906 of the Sarbanes Oxley Act of 2002.

ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES

Audit Fees
----------

For  MGCC's   fiscal  year  ended   December  31,  2005,  we  have  been  billed
approximately  $6,500 for  professional  services  rendered for the audit of our
financial statements.

We also  have been  billed  approximately  $5,650  for the  review of  financial
statements  included in our periodic and other reports filed with the Securities
and Exchange Commission for our year ended December 31, 2005.

For  MGCC's   fiscal  year  ended   December  31,  2004,  we  have  been  billed
approximately  $5,700 for  professional  services  rendered for the audit of our
financial  statements.  We also have been  billed  approximately  $5,215 for the
review of financial  statements included in our periodic and other reports filed
with the  Securities  and Exchange  Commission  for our year ended  December 31,
2004.


                                       12
<PAGE>

Tax Fees
--------

MGCC was billed  approximately  $0 for  professional  services  rendered for tax
compliance, tax advice, and tax planning since its formation.

All Other Fees
--------------

MGCC also incurred other fees of $0 related to due diligence  services  rendered
by our principal accountant for the fiscal year ended December 31, 2005.

The Board of  Directors  has  established  no  committees.  The entire  board of
directors  is acting as the  Company's  audit  committee as specified in section
3(a)(58)(B) of the Exchange Act, and the Board has not established  pre-approval
policies and  procedures  as  described  in paragraph  (c)(7)(i) of Rule 2-01 of
Regulation  S-X,  nor has it approved  any  services  described in each of Items
9(e)(2) through 9(e)(4) of Schedule 14A.


SIGNATURES
----------

In  accordance  with Section 13 of the Exchange  Act,  the  Registrant  has duly
caused this report on Form 10-KSB to be signed on its behalf by the undersigned,
thereunto duly authorized.

MGCC INVESTMENT STRATEGIES, INC.



Dated: March 16, 2006
By: /s/ Timothy P.Halter
  ---------------------------------
President  (Principal  Executive  Officer),  Chief Financial Officer  (Principal
Financial Officer), and sole Director

Pursuant to the requirements of the Securities Exchange Act of 1934, this report
on Form 10-KSB has been signed below by the following  persons on behalf of MGCC
and in the capacities and on the dates indicated.

Dated: March 16, 2006
By: /s/ Timothy P. Halter
   --------------------------------
President (Principal Executive Officer) and Director











                                       13
<PAGE>

                                INDEX TO EXHIBITS


INDEX
NUMBER                            DESCRIPTION
------   -----------------------------------------------------------------------

31.1     Certification  of Chief Executive  Officer and Chief Financial  Officer
         pursuant to Section 302 of the Sarbanes Oxley Act of 2002.

32.1.    Certification  of Chief Executive  Officer and Chief Financial  Officer
         pursuant to Section 906 of the Sarbanes Oxley Act of 2002.














                                       14
<PAGE>

                        MGCC INVESTMENT STRATEGIES, INC.

                          AUDITED FINANCIAL STATEMENTS
                               FOR THE YEARS ENDED
                           DECEMBER 31, 2005 AND 2004



















<PAGE>

CONTENTS
--------------------------------------------------------------------------------

Report of Independent Registered Public Accounting Firm                      F-1

Balance Sheets                                                               F-2

Statements of Operations                                                     F-3

Statements of Cash Flows                                                     F-4

Statements of Stockholders' Equity (Deficit)                                 F-5

Notes to Financial Statements                                                F-6
















<PAGE>


             Report of Independent Registered Public Accounting Firm


To the Board of Directors
MGCC Investment Strategies, Inc.
Argyle, TX

We have audited the accompanying  balance sheets of MGCC Investment  Strategies,
Inc. (a Development  Stage  Enterprise) as of December 31, 2005 and 2004 and the
related statements of operations, stockholders' equity (deficit), and cash flows
for each of the two years in the period ended December 31, 2005. These financial
statements   are  the   responsibility   of  the   Company's   management.   Our
responsibility  is to express an opinion on these financial  statements based on
our audits.

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

In our opinion,  the financial  statements  referred to above present fairly, in
all material respects,  the financial position of the Company as of December 31,
2005 and 2004,  and the results of its operations and its cash flows for each of
the two years in the period ended  December 31, 2005,  in  conformity  with U.S.
generally accepted accounting principles.

The  accompanying  financial  statements  have been  prepared  assuming that the
Company  will  continue  as a  going  concern.  As  discussed  in  Note D to the
financial  statements,  the Company has incurred  cumulative  losses of $205,475
since inception,  and there are existing uncertain  conditions the Company faces
relative  to its  ability to obtain  capital  and  operate  successfully.  These
conditions  raise  substantial  doubt  about its  ability to continue as a going
concern.  Management's  plans regarding those matters are also described in Note
D. The  financial  statements do not include any  adjustments  that might result
from the outcome of these uncertainties.



                                        /s/ Meyler & Company, LLC



Middletown, NJ
March 6, 2006



                                      F-1
<PAGE>
<TABLE>
<CAPTION>

                        MGCC INVESTMENT STRATEGIES, INC.
                        (A Development Stage Enterprise)

                                 BALANCE SHEETS





                                                                            December 31,
                                                                         2005          2004
                                                                      ----------    ----------
<S>                                                                   <C>           <C>
                                     ASSETS

CURRENT ASSETS
    Cash                                                              $      100    $   46,740
                                                                      ----------    ----------

                             Total Current Assets                     $      100    $   46,740
                                                                      ----------    ----------

                 LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

CURRENT LIABILITIES
   Accounts payable                                                   $   10,609    $    2,639
                                                                      ----------    ----------

                             Total Current Liabilities                    10,609         2,639

STOCKHOLDERS' EQUITY (DEFICIT)
    Preferred stock, authorized 10,000,000 shares;
        $0.0001 par value, none issued and outstanding
   Common stock, authorized 90,000,000
        Shares; $0.0001 par value; issued
        and outstanding 1,156,850 shares at
        December 31, 2005 and 2004 (restated to give effect
        to 1 for 20 reverse stock split effected February 13, 2006)          116           116
   Additional contributed capital (restated)                             194,850       194,850
   Deficit accumulated during the development stage                     (205,475)     (150,865)
                                                                      ----------    ----------

        Stockholders Equity (Deficit)                                    (10,509)       44,101
                                                                      ----------    ----------
                                                                      $      100    $   46,740
                                                                      ==========    ==========
</TABLE>











                See accompanying notes to financial statements.

                                      F-2
<PAGE>
<TABLE>
<CAPTION>

                        MGCC INVESTMENT STRATEGIES, INC.
                        (A Development Stage Enterprise)

                            STATEMENTS OF OPERATIONS



                                                                          For the Period
                                                   For the Year            June 8, 2000
                                                 Ended December 31,       (Inception) to
                                            --------------------------     December 31,
                                                2005           2004            2005
                                            -----------    -----------    --------------
<S>                                         <C>            <C>            <C>
EXPENSES FROM CONTINUING OPERATIONS
   Stock based compensation                                $    54,000    $       54,000
   Professional fees                        $    58,370         27,668           107,581
   Consulting fees to former principal
      stockholder                                                                 15,000
   Miscellaneous                                 26,239         28,531            58,893
   Interest expense                               1,032                            1,032
                                            -----------    -----------    --------------

LOSS BEFORE EXTRAORDINARY GAIN                  (85,641)      (110,199)         (236,506)

EXTRAORDINARY GAIN ON DEBT FORGIVENESS           31,031                           31,031
                                            -----------    -----------    --------------

NET LOSS                                    $   (54,610)   $  (110,199)   $     (205,475)
                                            ===========    ===========    ==============

NET LOSS PER SHARE OF COMMON STOCK
   (basic and diluted)
   Continuing operations (Restated)         $     (0.08)   $     (0.12)   $        (0.59)
   Extraordinary gain (Restated)                   0.03                             0.08

WEIGHTED AVERAGE NUMBER OF COMMON
   SHARES OUTSTANDING (basic and diluted)
   (Restated)                                 1,156,000        896,563           401,407
                                            ===========    ===========    ==============
</TABLE>













                See accompanying notes to financial statements.


                                      F-3
<PAGE>
<TABLE>
<CAPTION>

                        MGCC INVESTMENT STRATEGIES, INC.
                        (A Development Stage Enterprise)

                            STATEMENTS OF CASH FLOWS

                                                                                        For the Period
                                                                  For the Year            June 8,2000
                                                               Ended December 31,       (Inception) to
                                                          --------------------------     December 31,
                                                              2005           2004            2005
                                                          -----------    -----------    --------------
<S>                                                       <C>            <C>            <C>
CASH FLOWS FROM OPERATING ACTIVITIES
   OF CONTINUING OPERATIONS

   Net loss                                               $   (54,610)   $  (110,199)   $     (205,475)
   Extraordinary gain on debt forgiveness                     (31,031)                         (31,031)
                                                          -----------    -----------    --------------
   Net loss from continuing operations                        (85,641)      (110,199)         (236,506)
   Common stock issued for incorporation fees                                                    2,632
   Stock based compensation                                                   54,000            54,000
   Changes in assets and liabilities
      Accounts payable                                          7,970        (11,804)           10,609
      Due to principal stockholder                                           (11,447)           19,280
                                                          -----------    -----------    --------------

        Net cash used in operating activities
           of continuing operations                           (77,671)       (79,450)         (149,985)

CASH FLOWS FROM INVESTING ACTIVITIES
   OF CONTINUING OPERATIONS

   Receipt of stock subscription receivable                                    7,700
   Registration costs                                                                         (14,646)
   Sale of common stock                                                      100,000           133,700
                                                          -----------    -----------    --------------
        Net cash provided by investing activities
       of continuing operations                                              107,700           119,054
                                                          -----------    -----------    --------------

CASH FLOW FROM EXTRAORDINARY ITEM
   Forgiveness of debt                                         31,031                           31,031
                                                          -----------    -----------    --------------

        Net increase (decrease) in cash                       (46,640)        28,250               100

CASH AT BEGINNING OF PERIOD                                    46,740         18,490
                                                          -----------    -----------    --------------

CASH AT END OF PERIOD                                     $       100    $    46,740    $          100
                                                          ===========    ===========    ==============

SUPPLEMENTAL CASH FLOW INFORMATION:
   Non-Cash Activities
      Issuance of 50,000 shares of common stock
         to principal stockholder of Company (Restated)                                 $        2,632
                                                                                        ==============

      Issuance of 90,000 shares of common stock
         to consultants (Restated)                                       $    54,000    $       54,000
                                                                         ===========    ==============

     Forgiveness of stockholder loans                                    $    19,280    $       19,280
                                                                         ===========    ==============
</TABLE>



                See accompanying notes to financial statements.


                                      F-4
<PAGE>
<TABLE>
<CAPTION>

                        MGCC INVESTMENT STRATEGIES, INC.
                        (A Development Stage Enterprise)

                  STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT)



                                        Common Stock              Additional
                                 ----------------------------    Contributed    Accumulated     Subscription
                                    Number          Amount         Capital        Deficit        Receivable        Total
                                 ------------    ------------    ------------   ------------    ------------    ------------
<S>                              <C>             <C>             <C>            <C>             <C>             <C>

Issuance of common
   stock to organizing
   stockholders at
   $.0001 per share                 1,000,000    $        100    $      2,532                                   $      2,632
Net loss for year ended
   December 31, 2002                                                            $     (7,696)                         (7,696)
                                 ------------    ------------    ------------   ------------                    ------------
Balance December
   31, 2002                         1,000,000             100           2,532         (7,696)                         (5,064)

Net loss for year ended
   December 31, 2003                                                                    (729)                           (729)
                                 ------------    ------------   ------------    ------------                    ------------
Balance, December
   31, 2003                         1,000,000             100           2,532         (8,425)                         (5,793)

Cost of registering securities                                        (14,646)                                       (14,646)
Issuance of 337,000
  shares of common stock
  @ $0.10 per share                   337,000              34          33,666                                         33,700
Subscription receivable                                                                         $     (7,700)         (7,700)
Net loss for the year ended
  December 31, 2003                                                                  (32,241)                        (32,241)
                                 ------------    ------------    ------------   ------------    ------------    ------------
Balance, December 31, 2003          1,337,000    $        134    $     21,552   $    (40,666)   $     (7,700)   $    (26,680)

Stockholders loan forgiveness                                          19,280                                         19,280
Receipt of subscription
   receivable                                                                                          7,700           7,700
Issuance of 20,000,000 shares
   at $0.005 per share             20,000,000           2,000          98,000                                        100,000
Issuance of shares to
  consultant @ $0.03 per
  share                             1,800,000             180          53,820                                         54,000
Net Loss for the year ending
   December 31, 2004                                                                (110,199)                       (110,199)
                                 ------------    ------------    ------------   ------------    ------------    ------------
Balance, December
   31, 2004                        23,137,000    $      2,314    $    192,652   $   (150,865)                   $     44,101
Net loss for the year ending
   December 31, 2005                                                                 (54,610)                        (54,610)
                                 ------------    ------------    ------------   ------------    ------------    ------------
Balance, December
   31, 2005                        23,137,000    $      2,314    $    192,652   $    205,475                    $    (10,509)
One-for-20 reverse stock
    split effective February
     13, 2006                     (21,980,150)         (2,198)          2,198
                                 ------------    ------------    ------------   ------------    ------------    ------------
Balance, December
   31, 2005 (restated)              1,156,850    $        116    $    194,850   $   (205,475)                   $    (10,509)
                                 ============    ============    ============   ============    ============    ============
</TABLE>


                See accompanying notes to financial statements.

                                      F-5
<PAGE>

                        MGCC INVESTMENT STRATEGIES, INC.
                        (A Development Stage Enterprise)

                          NOTES TO FINANCIAL STATEMENTS
                           DECEMBER 31, 2005 AND 2004


NOTE A- STOCK SPLIT

         On  January  19,  2006,  the  Board  of  Directors  of MGCC  Investment
         Strategies,  Inc. (the Company) approved a 20 for 1 reverse stock split
         which became effective February 13, 2006. This split reduced the number
         of common shares outstanding to 1,156,850.  The number of common shares
         authorized  and the par value of the common shares were not impacted by
         this stock split. All share and per share  information in the financial
         statements and notes to the financial  statements have been restated to
         give  effect  to  the 20 for 1  reverse  stock  split  except  for  the
         Statement of  Stockholders'  Equity (Deficit) which reflect the reverse
         stock split as a reduction of the number of common  shares  outstanding
         and  reclassifies  amounts  from  common  stock to  additional  paid-in
         capital.

NOTE B- ORGANIZATION

         MGCC, a development stage  enterprise,  was organized under the laws of
         Nevada on June 8, 2000.  The Company is seeking to merge with a private
         company and commence trading on a registered trading exchange.

NOTE C  -  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

         Use of Estimates
         ----------------

         The  preparation of financial  statements in conformity  with generally
         accepted  accounting  principles  requires management to make estimates
         and  assumptions  that  effect the amounts  reported  in the  financial
         statements  and  accompanying  notes.  Actual results could differ from
         those estimates.

         Cash and Cash Equivalents
         -------------------------

         For purposes of the statement of cash flows, the Company  considers all
         short-term  investments  with an original  maturity of three  months or
         less to be cash equivalents.

         Net Loss Per Common Share
         -------------------------

         The Company  computes per share amounts in accordance with Statement of
         Financial  Accounting standards ("SFAS") No. 128, "Earnings per Share".
         SFAS per share ("EPS") requires  presentation of basic and diluted EPS.
         Basic EPS is computed by dividing the income (loss) available to Common
         Stockholders   by  the   weighted-average   number  of  common   shares
         outstanding   for   the   period.   Diluted   EPS  is   based   on  the
         weighted-average  number of shares of  Common  Stock and  Common  Stock
         equivalents outstanding during the periods.

         Fair Values of Financial Instruments
         ------------------------------------

         The  Company  uses  financial  instruments  in  the  normal  course  of
         business. The carrying values of cash and cash equivalents and accounts
         payable  approximate their fair value due to the short-term  maturities
         of these assets and liabilities.



                                      F-6
<PAGE>

                        MGCC INVESTMENT STRATEGIES, INC.
                        (A Development Stage Enterprise)

                    NOTES TO FINANCIAL STATEMENTS (CONTINUED)
                           DECEMBER 31, 2005 AND 2004


NOTE D - GOING CONCERN

         The  Company  was  incorporated  on June 8, 2000 and to date has had no
         operating  activities and no  significant  capital  contributions.  The
         Company is seeking to merge with a private  operating  company and then
         will attempt to raise  additional  capital for  investment  and working
         capital  purposes.  There is no assurance  that the Company will find a
         successful merger candidate nor is there any assurance that if a merger
         is  successful  that  the  Company  will  be  able  to  raise  adequate
         additional   capital  in  the  equity  markets.   These  matters  raise
         substantial  doubt about the  Company's  ability to continue as a going
         concern.  However,  the  accompanying  financial  statements  have been
         prepared on a going concern basis,  which  contemplates the realization
         of assets and  satisfaction  of  liabilities  in the  normal  course of
         business.  These  financial  statements do not include any  adjustments
         relating to the recovery of the recorded  assets or the  classification
         of the liabilities that might be necessary should the Company be unable
         to continue as a going concern.

NOTE E - RELATED PARTY TRANSACTIONS

         On March  16,  2004,  a former  principal  stockholder  was  reimbursed
         $11,447 for  expenses  which he paid on behalf of the Company and which
         were recorded as liabilities at December 31, 2003.

NOTE F - INCOME TAXES

         The Company has adopted  Financial  Accounting  Standard  Statement No.
         109, Accounting for Income Taxes (SFAS No. 109). Under this method, the
         Company  recognizes  a deferred tax  liability  or asset for  temporary
         differences  between  the tax  basis of an asset or  liability  and the
         related  amount  reported on the  financial  statements.  The principal
         types of differences,  which are measured at current tax rates, are net
         operating loss carry forwards.  At December 31, 2004, these differences
         resulted in a deferred tax asset of approximately  $7,876. SFAS No. 109
         requires  the  establishment  of a valuation  allowance  to reflect the
         likelihood of realization of deferred tax assets.  Since realization is
         not  assured,  the Company has recorded a valuation  allowance  for the
         entire deferred tax asset, and the accompanying financial statements do
         not reflect any net asset for deferred taxes at December 31, 2004.

         The   Company's  net  operating   loss  carry   forwards   amounted  to
         approximately $151,475 at December 31, 2005 and expire between 2015 and
         2020.

NOTE G - STOCKHOLDERS' EQUITY (DEFICIT)

         On February  10, 2004,  the Board of Directors  approved an increase in
         its  authorized  shares  of  common  stock  from  40,000,000  shares to
         90,000,000 shares.

         On March 16, 2004, a change in the control of the Company occurred when
         MyTop International,  Inc. purchased 25,000 shares of common stock from
         Raymond R. Cottrell (the former controlling  shareholder) and 1,000,000
         shares of common stock from the Company for an aggregate purchase price
         of $236,000. Of this amount, $2,500 was paid to Raymond R. Cottrell for
         the 25,000 shares of common stock and a consulting  fee of $133,500 was
         paid to McKinley  Greenfield  Capital,  Inc., a company  controlled  by
         Raymond R. Cottrell,  as a fee for  structuring  the  transaction.  The



                                      F-7
<PAGE>

                        MGCC INVESTMENT STRATEGIES, INC.
                        (A Development Stage Enterprise)

                    NOTES TO FINANCIAL STATEMENTS (CONTINUED)
                           DECEMBER 31, 2005 AND 2004


NOTE G - STOCKHOLDERS' EQUITY (DEFICIT) (CONTINUED)

         remaining $100,000 was consideration for the 1,000,000 shares purchased
         from the  Company by MyTop  International,  Inc.  and is expected to be
         utilized by the Company for working capital.

         As of March  16,  2004,  in  connection  with the sale of shares of the
         Company's  common  stock as  described  above,  the former  controlling
         stockholder  agreed to forgive the net outstanding  indebtedness to him
         from the Company. This debt forgiveness aggregated $19,280. On December
         24, 2004, the Board of Directors approved the issuance of 90,000 shares
         of its common stock to the  President  and a consultant of the Company.
         The shares were valued at $0.6 per share. Accordingly, $54,000 of stock
         based compensation was recorded in the Company's financial statements.

         On December 19, 2005, Histonic,  the majority shareholder of MGCC, sold
         its stake of 1,000,000 shares of MGCC to Halter Financial  Investments,
         LP for $300,000. This stake represents approximately 86.4% of MGCC. The
         stock purchase agreement called for all officers of MGCC to resign, all
         directors other than Rachel Kang to resign, and MGCC to effect a 20 for
         1 reverse stock split.

         Histonic also received a put option,  effective upon the reverse split,
         allowing  Histonic to acquire  Halter to  purchase up to an  additional
         3,750  post  split  shares  of  MGCC at $4 per  share.  As part of this
         agreement, Histonic forgave a loan and accrued interest of $31,031. The
         gain on this forgiveness has been classified as an  extraordinary  gain
         in accordance with SFAS No. 145 and Accounting Principles Board Opinion
         30.








                                      F-8