================================================================================


                    U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  FORM 10-KSB

[X]   Annual Report Pursuant To Section 13 Or 15(d) Of The Securities
      Exchange Act Of 1934

      For the fiscal year ended December 31, 2006
                                ----------------
[ ]   Transition Report Under Section 13 Or 15(d) Of The Securities
      Exchange Act Of 1934

      For the transition period from                 to
                                        ------------   -------------------
COMMISSION FILE NUMBER:          000-50693
                            ------------------

                                   ZINGO, INC.
    -----------------------------------------------------------------------
                 (Name of small business issuer in its charter)

                NEVADA                        71-0915828
-----------------------------------------     -------------------------
(State or other jurisdiction of               (I.R.S. Employer
incorporation or organization)                Identification No.)


420 N. Nellis Blvd., Suite A3-146
Las Vegas, Nevada                             89110
-----------------------------------------     ---------
(Address of principal executive offices)      (Zip Code)

(877) 779-4646
-----------------------------------------
Issuer's telephone number

Securities registered under
Section 12(b) of the Exchange Act:  NONE

Securities registered under
Section 12(g) of the Exchange Act:  COMMON STOCK, PAR VALUE $0.001 PER SHARE

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 is not  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]

<page>

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

State issuer's revenues for its most recent fiscal year:  $949,222

State the aggregate market value of the voting and non-voting common equity held
by non-affiliates  computed by reference to the price at which the common equity
was sold,  or the average bid and asked  price of such  common  equity,  as of a
specified date  within  the  past  60 days. (See definition of affiliate in Rule
12b-2 of the Exchange Act.):  $26,600,000  based  on the  closing  price for our
shares of common  stock of $.76 on April 12, 2007.

State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date. 115,000,000 shares of common stock as
at April 12, 2007.

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




<page>

                                     PART I



                    NOTE REGARDING FORWARD LOOKING STATEMENTS
        CAUTIONARY STATEMENT FOR PURPOSES OF THE "SAFE HARBOR" PROVISIONS
             OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

         This  Annual  Report  contains   historical   information  as  well  as
forward-looking  statements.  Statements looking forward in time are included in
this  Annual  Report  pursuant  to the safe  harbor  provisions  of the  Private
Securities  Litigation  Reform Act of 1995.  Such  statements  involve known and
unknown  risks and  uncertainties  that may cause our  actual  results in future
periods to be materially different from any future performance suggested herein.
We wish to caution readers that in addition to the important  factors  described
elsewhere in this Form 10-KSB, the following forward looking  statements,  among
others,  sometimes  have  affected,  and in the future could affect,  our actual
results and could cause our actual consolidated results during 2006, and beyond,
to differ materially from those expressed in any forward-looking statements made
by or on our behalf.


ITEM 1. DESCRIPTION OF BUSINESS.

Background
----------

         We were  incorporated  on July 15,  2002 under the laws of the State of
Nevada under the name Titan Web  Solutions,  Inc. On August 18, 2003, we changed
our name to  Javakingcoffee,  Inc.,  and on July 15,  2005  changed  our name to
Zingo,  Inc. We had operated our business  with the objective of offering a full
range of business consulting services in the retail specialty coffee business in
China. We changed the nature of our planned business on August 19, 2005, when we
completed the acquisition of Whistlertel,  formerly a wholly-owned subsidiary of
Hybrid Technologies, Inc. ("Hybrid Technologies"),  in exchange for the issuance
of 80,000,000  shares of our common stock, or 69.56% of our  outstanding  common
stock  following  such  issuance.  Whistlertel  was engaged in providing  highly
reliable and  advanced  telecommunications  services  through a VoIP system that
utilizes the Internet.  Hybrid Technologies is a publicly traded company that is
involved in the  development  and  marketing  of electric  powered  vehicles and
products.

         Our  principal  executive  office is located at 420 N Nellis Blvd Suite
A3-146 Las Vegas,  Nevada 89110. The telephone number of our principal executive
office is (877) 779-4646.


         Liquidity and Capital Resources

      As of December  31,  2006,  we had cash on hand  of  $8,532.  During   our
fiscal year ended December 31, 2006, we have incurred  operating losses totaling
$2,003,924.  On  December  31,  2006,  we had a working  capital  deficiency  of
$3,086,124 and a stockholders' deficit of $2,960,799.


         We had 115,000,000  shares of common stock issued and outstanding as of
April 10, 2007. Our common stock is traded on the OTC Bulletin Board.

                                       1

<page>

General
--------

         We  are   engaged   in   providing   highly   reliable   and   advanced
telecommunications services through our VoIP system that utilizes the Internet.


Our Telecommunications Operations
---------------------------------

            We offer  telecommunications  services to business  and  residential
customers  utilizing VoIP  technology.  The strategic  initial  objective of our
telecommunications  operations is to develop a superior multilevel platform that
provides  highly  reliable  and  advanced   telecommunications   services.   Our
telecommunications  operations  are  conducted  through  our  subsidiary,  Zingo
Telecom,  Inc. We plan to focus our  efforts  in  North  America  and  developed
countries where  the  area is equipped   with   broadband  access  for  Internet
services.  The VoIP  system is developed to work via the Internet thus  allowing
those destinations to  have access to a highly advanced  telephone  system.  Our
immediate focus is North America.

         We interconnect to PSTN (Public Switched Telephone  Networks) through a
number of third party  providers via VoIP,  where the digital to analog for both
inbound and outbound  calls is done by these third party  providers.  We have no
direct  contracts with local  telephone  companies for direct PSTN  connections.
Certain  intellectual  property issues  regarding access to PSTN connections are
the  subject  of ongoing  litigation  by Verizon  New York Inc.  and  affiliated
companies  ("Verizon").  According to Verizon's  complaint  against  Vonage Inc.
("Vonage")  filed in June 2006,  Vonage used Verizon's  patented  technology for
VoIP  services  including  inventions  related to gateway  interfaces  between a
packet-switched and circuit-switched  network, billing and fraud detection, call
services such as call  forwarding  and  voicemail  and methods  related to Wi-Fi
handset use in a VoIP network.  Verizon has received an initial  favorable court
decision in litigation  against  Vonage Inc.,  which decision is under appeal by
Vonage.  At this time we  cannot  predict  what  effect,  if any,  this or other
similar litigation could have on our business.


         We had  approximately  5,800  customers  as of December,  2006.  We are
marketing our  operations on the Internet and through print  advertising,  using
channels to reach out into the international markets. Our success will depend on
our ability to anticipate and respond to various factors affecting the industry,
including new technologies, changes in customer preferences, regulatory changes,
demographic trends, economic conditions, and pricing strategies of competitors.

Our VoIP Technology

         VoIP  uses  a  standard  Internet  connection  to  place  phone  calls,
bypassing the telephone company network  entirely.  Major carriers like AT&T are
already  setting  up VoIP  calling  plans in several  markets  around the United
States, and the FCC is looking seriously at the potential  ramifications of VoIP
service.


     In contrast to circuit  switching that has been used by telephone  networks
for more than 100 years,  data networks simply send and retrieve data as needed.
And,  instead of routing the data over a dedicated  line,  the data packets flow
through a network  along  thousands  of possible  paths.  This is called  packet
switching,  where the sending  computer chops data into small  packets,  with an
address on each one telling the network  devices  where to send them,  and sends
the packet to a nearby router,  which sends the packet to another router that is
closer to the recipient computer, and so on. When the receiving computer finally
gets the packets  (which may have all taken  completely  different  paths to get
there), it uses instructions contained within the packets to reassemble the data
into its original  state.  Packet  switching  allows several  telephone calls to
occupy the amount of space occupied by only one in a circuit-switched network.

                                       2

<page>

     Reliability  issues with VoIP include:
       o First of all, VoIP is dependent on wall power.
       o Many home systems may be integrated into the phone line. Digital  video
         recorders,  digital  subscription TV services and home security systems
         all use a standard  phone line to operate. There is currently no way to
         integrate these products with VoIP.
       o For  emergency  911  calls  there  is no way to  associate a geographic
         location with an IP address.  There is no way to know which call center
         to route the emergency call to and which EMS should respond.
       o Because VoIP uses an Internet connection, it is susceptible to  all the
         problems  normally  associated  with home  broadband   services.  These
         factors will affect call quality:
         |X|      Latency
         |X|      Jitter
         |X|      Packet loss

         Phone  conversations can become  distorted,  garbled or lost because of
         transmission errors. VoIP is susceptible to worms, viruses and hacking.
       o All  phone  calls  are subject to the  limitations  of normal  computer
         issues.

     We sell an analog telephone adaptor (ATA) that allows the user to connect a
standard  phone to his  Internet  connection  for use with  VoIP.  The ATA is an
analog-to-digital converter. It takes the analog signal from a traditional phone
and converts it into digital data for transmission over the Internet.

     We also sell IP Phones.  These  specialized  phones  look just like  normal
phones with a handset,  cradle and  buttons  but instead of having the  standard
phone  connectors,  IP phones  have an  Ethernet  connector.  IP phones  connect
directly to a router and have all the hardware and software  necessary to handle
the IP call.

     When a call is placed  using  VoIP,  a request  is sent to the soft  switch
asking which  endpoint is associated  with the dialed phone number and what that
endpoint's  current IP address is. Once the IP address is found,  an exchange of
data  between  the two  endpoints  can  take  place.  We use  the  SIP  (Session
Initiation)  protocol,  developed  specifically for VoIP applications,  for this
communication.

     We offer monthly rate plans structured like cell phone plans for $19.95 per
month for home use. On the business end, we offer unlimited plans for $49.95.


Our VoIP plans include:

       o Caller ID
       o Call waiting
       o Call transfer
       o Repeat dial
       o Return call
       o Three-way calling

                                       3

<page>

There are also advanced  call-filtering  options  available.  These features use
caller ID  information  to allow the user make a choice  about how calls  from a
particular number are handled.  The user can: o Forward the call to a particular
number

       o Send the call directly to voicemail

       o Give the caller a busy signal

With our VoIP  service,  the user can  specify a stutter  dial tone and can also
check  voicemail  via the Web or have .WAV file  messages  attached to an e-mail
sent to his computer or handheld.


Regulatory Matters

     Internet-related   regulatory  policies  are  continuing  to  develop.  For
example, the FCC could subject certain services offered by ISPs to regulation as
telecommunications  services.  Among  other  things,  the FCC  could  decide  to
regulate  voice  services   provided  over  the  Internet,   such  as  VoIP,  as
"telecommunications"  or a  "telecommunications  service"  even though  Internet
access itself might not be regulated.  Such a decision could result in our being
subject  to  universal  service  fees,  access  fees and other  fees  imposed on
regulated telecommunications providers as well as heightened costs of regulatory
compliance.  We could be adversely  affected by any regulatory change that would
result  in  the  imposition  of  access  charges  on  ISPs  because  this  would
substantially increase the cost of using the Internet.

     State  public  utility  commissions  generally  have  declined  to regulate
enhanced or information  services.  However,  some state commissions continue to
review  potential  regulation of these services.  There can be no assurance that
state  regulatory  authorities  will  not  seek to  regulate  aspects  of  these
activities as telecommunications services.


Internet Taxation

     The Internet Tax  Non-Discrimination  Act,  which was passed by Congress in
November 2004 and signed into law in December  2004,  renewed and extended until
November  2007  a  moratorium   on  taxes  on  Internet   access  and  multiple,
discriminatory  taxes on electronic  commerce.  This  moratorium  had previously
expired in November  2003.  As with the  preceding  Internet  Tax  Freedom  Act,
"grandfathered"  states  which taxed  Internet  access prior to October 1998 may
continue to do so. Certain states have enacted  various taxes on Internet access
and/or electronic commerce,  and selected states' taxes are being contested on a
variety of bases. However, state tax laws may not be successfully contested, and
future state and federal laws imposing  taxes or other  regulations  on Internet
access and electronic  commerce may arise,  any of which could increase the cost
of  providing  Internet  services  and could  materially  adversely  affect  our
business.


Competition
-----------

         Our telecommunications  services also face substantial competition from
other  companies which provide VoIP services,  most of which have  significantly
greater financial  resources than we do. VoIP services are available from a wide
range of companies including cable companies,  long-distance companies, national
VoIP providers and regional service providers.

                                       4

<page>

Employees
---------

         As of the date of this  report,  we have 12  employees.  We employ  two
consultants.


Research and Development Expenditures
-------------------------------------

         We incurred  no research  and  development  expenditures  in our fiscal
years ended December 31, 2005 and 2006.


Patents and Trademarks
----------------------

         The Company does not own, either legally or  beneficially,  any patents
or trademarks.


Risk Factors
------------

         You should be particularly  aware of the inherent risks associated with
our business plan. These risks include but are not limited to:

General

WE DO NOT HAVE SUFFICIENT REVENUES TO SUSTAIN OUR OPERATIONS

         We  have  not  had  sufficient  revenues  from  our   telecommunication
operations  to operate  without  substantial  loans from our major  stockholder,
Hybrid  Technologies,  Inc.  As of  December  31,  2006,  we had cash on hand of
$8,532.  During our fiscal  year  ended  December  31,  2006,  we have  incurred
operating  losses  totaling  $2,003,924.  On December 31, 2006, we had a working
capital deficiency of $3,086,124 and a stockholders'  deficit of $2,960,799.  We
expect that we will continue to incur operating losses in the future. Failure to
achieve or maintain profitability may materially and adversely affect the future
value of our common stock.


IF WE DO NOT OBTAIN ADDITIONAL FINANCING, OUR BUSINESS WILL FAIL

         Our   current   operating   funds   are   less   than   necessary   for
commercialization  of our  products,  and  therefore  we  will  need  to  obtain
additional financing in order to complete our business plan. We do not currently
have  any  arrangements  for  financing  and we may not be  able  to  find  such
financing  if required.  Market  factors may make the timing,  amount,  terms or
conditions of additional financing unavailable to us.


WE  HAVE  BEEN  THE  SUBJECT  OF  A  GOING  CONCERN OPINION FROM OUR INDEPENDENT
AUDITORS, WHICH MEANS THAT WE MAY NOT BE ABLE TO CONTINUE OPERATIONS  UNLESS  WE
OBTAIN ADDITIONAL FUNDING

         Our independent  auditors have added an explanatory  paragraph to their
audit opinions, issued in connection with our financial statements, which states
that our ability to continue as a going concern is uncertain.

                                       5

<page>

WE MAY NOT SUCCESSFULLY ENHANCE EXISTING OR DEVELOP NEW PRODUCTS AND SERVICES IN
A  COST-EFFECTIVE  MANNER TO MEET CUSTOMER DEMAND IN THE RAPIDLY EVOLVING MARKET
FOR INTERNET COMMUNICATIONS SERVICES.

     The market for Internet and telecommunications services is characterized by
rapidly changing  technology,  evolving industry standards,  changes in customer
needs and  frequent  new  service and product  introductions.  We are  currently
focused on developing and evaluating  technologies and  applications  associated
with VoIP services.  Our future success will depend,  in part, on our ability to
use leading  technologies  effectively,  to  continue  to develop our  technical
expertise,  to enhance our existing  services  and to develop new services  that
meet changing customer needs on a timely and cost-effective basis. We may not be
able to adapt quickly enough to changing technology,  customer  requirements and
industry standards. If we fail to use new technologies  effectively,  to develop
our technical  expertise and new services or to enhance  existing  services on a
timely basis, either internally or through  arrangements with third parties, our
product  and  service  offerings  may fail to meet  customer  needs  which would
adversely affect our revenues.

OUR  TELECOMMUNICATIONS  SERVICE  OFFERINGS  MAY  FAIL  TO BE  COMPETITIVE  WITH
EXISTING AND NEW COMPETITORS.

     We operate in the Internet services market, which is extremely competitive.
Current and  prospective  competitors  include  many large  companies  that have
substantially greater market presence, financial, technical, marketing and other
resources  than  we  have.   Competition  is  likely  to  continue   increasing,
particularly  as large  diversified  telecommunications  companies  continue  to
provide VoIP services.

     Because  we  operate  in a highly  competitive  environment,  the number of
subscribers we are able to add may decline,  the cost of acquiring new customers
through our own sales and marketing  efforts may increase,  and/or the number of
customers who discontinue the use of our service (churn) may increase.


VERIZON IS  CLAIMING  INFRINGMENT  OF ITS  PATENTS IN  LITIGATION  AGAINST  VOIP
PROVIDERS CONNECTING TO PSTN'S.


We interconnect to PSTN's (Public Switched Telephone  Networks) through a number
of third party providers via VoIP,  where the digital to analog for both inbound
and outbound calls is done by these third party providers.  Certain intellectual
property issues  regarding access to PSTN connections are the subject of ongoing
litigation  by  Verizon  New York Inc.  and  affiliated  companies  ("Verizon").
Verizon  commenced  litigation  against  Vonage Inc.,  a major  provider of VoIP
services,  in June 2006, and has received an initial  favorable  court decision,
which  decision is under appeal by Vonage.  At this time we cannot  predict what
effect,  if any,  this or other similar  litigation  could have on our business.
Adverse court  decisions in  litigation  against  companies  that are held to be
using  Verizon's  patented  technologies  for  access  to  PSTN's  could  have a
significant  adverse effect on our business.  As described  under "Item 3. Legal
Proceedings",  we have  received a subpoena  from Verizon in one of these cases,
although we are not a party to the case. We have had no commercial dealings with
the  defendant  company  in that  case  and are  responding  accordingly  to the
subpoena.

SERVICE INTERRUPTIONS OR IMPEDIMENTS COULD HARM OUR BUSINESS.

     Harmful software  programs.  The networks of our third-party  providers are
vulnerable to damaging  software  programs,  such as computer viruses and worms.
Certain of these  programs  have disabled the ability of computers to access the
Internet, requiring users to obtain technical support in order to gain access to
the Internet. Other programs have had the potential to damage or delete computer
programs.  The development and widespread  dissemination of harmful programs has
the  potential  to  seriously  disrupt  Internet  usage.  If  Internet  usage is
significantly  disrupted for an extended period of time, or if the prevalence of
these programs  results in decreased  residential  Internet usage,  our business
could be materially and adversely impacted.

                                       6

<page>

Security   breaches.   We   depend   on  the   security   of   our   third-party
telecommunications  service providers.  Unauthorized or inappropriate access to,
or  use  of,  these  networks  could  potentially  jeopardize  the  security  of
confidential  information  of our  customers  and  of  third  parties   in   the
future.  Users or third parties may assert  claims of liability  against us as a
result  of any  failure  by us to  prevent  these  activities.  Although  we use
security  measures,  there can be no assurance that the measures we take will be
successfully  implemented or will be effective in preventing  these  activities.
Further,  the security  measures of our  third-party  network  providers  may be
inadequate.  These  activities  may subject us to legal  claims,  may  adversely
impact our  reputation,  and may  interfere  with our  ability  to  provide  our
services,  all of which could have a material  adverse  effect on our  business,
financial position and results of operations.

     Natural disaster or other  catastrophic  event. Our operations and services
depend on the extent to which our computer  equipment and the computer equipment
of our  third-party  network  providers are protected  against damage from fire,
flood, earthquakes,  power loss, telecommunications failures, break-ins, acts of
war or terrorism and similar events.  Interruptions in our services could have a
material adverse effect on our ability to provide VoIP services to our customers
and, in turn, on our business, financial condition and results of operations.

     Network    infrastructure.    We   may   experience    increases   in   our
telecommunications usage that exceed our available  telecommunications capacity.
As a result, users may be unable to register or log on to use our services,  may
experience  a  general  slow-down  in  their  Internet   connection  or  may  be
disconnected  from  their  sessions.  Inaccessibility,  interruptions  or  other
limitations  on the ability of customers to access our services due to excessive
user demand, or any failure of our network to handle user traffic,  could have a
material adverse effect on our reputation.

GOVERNMENT REGULATIONS COULD FORCE US TO CHANGE OUR BUSINESS PRACTICES.

     Changes in the  regulatory  environment  regarding the Internet could cause
our revenues to decrease  and/or our costs to  increase.  The FCC,  however,  is
examining voice services (such as VoIP). As a result, we could become subject to
FCC and state regulation.  The tax treatment of activities on or relating to the
Internet is currently  unsettled.  A number of  proposals  have been made at the
federal,  state and local  levels and by foreign  governments  that could impose
taxes on the online sale of goods and  services and other  Internet  activities.
Future  federal  and state laws  imposing  taxes on the  provision  of goods and
services over the Internet could make it substantially more expensive to operate
our business.


ITEM 2.     DESCRIPTION OF PROPERTY.

Our mailing address is  420 N.  Nellis Blvd.,  Suite A3-146,  Las  Vegas, Nevada
89110, for which we pay $11.00 per month,  on a month to month basis.

We  also  have  an  office  at 2929  East  Commercial  Blvd.,  Suite  601,  Fort
Lauderdale, Florida. We have leased this office, commencing March 9, 2007, for a
period of one year at a monthly rental of $1359.

                                       7

<page>


ITEM 3.     LEGAL PROCEEDINGS.

         We  are  not a  party  to any  material  legal  proceedings  and to our
knowledge, no such proceedings are threatened or contemplated.

         In addition, in March 2007 the Company was served a subpoena to produce
documents  related to legal  proceedings  initiated by Verizon involving parties
that  included  a  former  prospective  Company  vendor.  We have no  responsive
documents  to this  subpoena and will so advise the court.  Management  does not
believe the Company will become a party to these proceedings.

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

No matters were  submitted to our security  holders for a vote during the fourth
quarter of our fiscal year ending December 31, 2006.


























                                       8

<page>

                                     PART II

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


As of April 12, 2007, there were approximately 37 record owners of the Company's
Common Stock.  The Company's  Common Stock started quoting for trade on December
1, 2004 on the National  Association  of Securities  Dealers OTC Bulletin  Board
under the symbol "JVKG". Bid quotations for the common stock commenced September
1, 2005.


Period                                               High           Low
------                                               ----           ---
September 1 to September 30, 2005                    $5.54         $.50
October 1 to December 31, 2005                       $6.35        $2.28

January 1 to March 31, 2006                          $8.86        $5.25
April 1 to June 30, 2006                             $3.65        $8.10
July 1 to September 30, 2006                         $3.00        $5.75
October 1 to December 31, 2006                       $4.30        $1.15

January 1 to March 31, 2007                          $1.41         $.57


Holders  of common  stock are  entitled  to  receive  such  dividends  as may be
declared by the Board of Directors out of funds legally available therefore and,
in the  event of  liquidation,  to share  pro  rata in any  distribution  of the
Company's  assets after  payment of  liabilities.  The Board of Directors is not
obligated to declare a dividend.  The Company has not paid any dividends and the
Company does not have any current plans to pay any dividends.

Recent Sales of Unregistered Securities

---------- ----------------     ----------   ----------   ----------------------
  Date      Title and Amount    Purchasers   Principal    Total Offering Price/
                                             Underwriter  Underwriting Discounts
---------- ---------------      ----------   ----------   ----------------------


August 19,  80,000,000 shares    Hybrid          NA             $-0-/NA
2005        common stock issued  Technologies,
            to Hybrid            Inc.
            Technologies, Inc.
            in connection with
            the acquisition of
            all of the outstanding
            stock of WhistlerTel,
            Inc., a subsidiary
            of Hybrid Technologies,
            Inc.
---------- ------------------   ----------   ----------   ----------------------


                                       9

<page>

Securities Authorized for Issuance under Equity Compensation Plans


         The following table sets forth as of December 31, 2006 information with
respect to our common stock issued and available to be issued under  outstanding
options, warrants and rights.
<table>
<caption>
-------------------- ---------------------------- ---------------------------- -----------------------
                                (a)                          (b)                          (c)
Plan category         Number of securities to be   Weighted-average exercise   Number of securities
                      issued upon exercise of      price of outstanding        remaining available for
                      outstanding options,         options, warrants and       future issuance under
                      warrants and rights          rights                      equity compensation
                                                                               plans

                                                                               (excluding securities
                                                                               reflected in
                                                                               column (a))

                  <c>                           <c>                         <c>
------------------- ---------------------------- ---------------------------- ------------------------
Equity compensation plans
approved by security holders      -0-                        --                               -0-
------------------- ---------------------------- ---------------------------- ------------------------

Equity compensation plans not
approved by security holders      -0-                        --                               -0-
------------------- ---------------------------- ---------------------------- ------------------------

Total                             -0-                        --                               -0-
-------------------------- ---------------------------- ---------------------------- -----------------
</table>

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

FORWARD LOOKING STATEMENTS

This annual report  contains  forward-looking  statements that involve risks and
uncertainties.  We use words such as anticipate,  believe, plan, expect, future,
intend and similar expressions to identify such forward-looking  statements. You
should not place too much  reliance  on these  forward-looking  statements.  Our
actual results are likely to differ  materially from those  anticipated in these
forward-looking  statements  for many  reasons,  including the risks faced by us
described in this section.

INTRODUCTION

The Company was  incorporated  on July 15, 2002,  under the laws of the State of
Nevada under the name "Titan Web Solutions, Inc." On August 18, 2003, we changed
our name to  "Javakingcoffee,  Inc." Our name was changed to Zingo, Inc. on July
15, 2005.

We had been  engaged  in the  business  of  offering  a full  range of  business
consulting services to retailers in the specialty coffee industry in China until
August  2005.  On August 18,  2005,  we entered  into an  Agreement  and Plan of
Reorganization,  pursuant to which we agreed to acquire  all of the  outstanding
shares  of  Whistlertel,  Inc.,  a Nevada  corporation,  which  was  formerly  a
wholly-owned  subsidiary of our majority  stockholder,  Hybrid Technologies.  On
August 19, 2005, we completed the acquisition of this subsidiary in exchange for
the  issuance  of  80,000,000  shares  of our  common  stock,  or  69.56% of our
outstanding common stock following such issuance to Hybrid Technologies. Through
this  subsidiary  (now renamed  Zingo Telecom, Inc.) we offer telecommunications
services to business and residential  customers  utilizing VoIP  technology.  We
plan to focus our  efforts in many parts of the globe where the area is equipped
with  broadband access for Internet services.  The  VoIP system  is developed to
work via the  Internet  thus  allowing  those  destinations  to have  access  to
a highly advanced telephone system.



                                       10

<page>

Results Of Operations for the Year Ended December 31, 2006

We incurred a net loss of $2,002,539 in the year ended December 31, 2006,  which
included general and administrative costs of $1,696,036.

2006 COMPARED WITH 2005

We had sales of $949,222 in the year ended  December 31, 2006,  as compared with
$105,637  in 2005.  Our gross loss on our sales for 2006 was  $307,888,  and for
2005,  $84,945.  Our net loss  increased to  $2,002,539 in 2006 from $958,120 in
2005 primarily due to an increase in administrative  costs from $873,831 in 2005
to $1,696,036 in 2006.

PLAN OF OPERATION

At December 31, 2006, we had a working  capital  deficiency  of $3,086,124 and a
stockholders' deficit of $2,960,799.

We had approximately  5,800 subscribers as of December 2006. We believe that our
VOIP  systems are working  well and we are poised for  expansion of our customer
base. However, at this point, the continuation of the Company as a going concern
is dependent upon the continued  financial  support from our  shareholders,  our
ability to obtain  necessary equity  financing to continue  operations,  and the
attainment of profitable  operations.  Our auditors have  expressed  substantial
doubt concerning our ability to continue as a going concern.

As of December  31,  2006,  we had cash on hand of $8,532.  Our  liabilities  at
December 31, 2006, totaled $3,176,066.

Commercial Initiatives

        The strategic initial objective of our telecommunications operations is
to develop a superior  multilevel  platform  that provides  highly  reliable and
advanced  telecommunications  services.  We plan to focus our  efforts  in North
America and developed countries where the area is equipped with broadband access
for Internet  services.  We are  marketing  our  operations  on the Internet and
through print  advertising,  using channels to reach out into the  international
markets.  Our success  will depend on our ability to  anticipate  and respond to
various factors affecting the industry,  including new technologies,  changes in
customer   preferences,   regulatory  changes,   demographic  trends,   economic
conditions, and pricing strategies of competitors.


5.2     Liquidity and Capital Resources

           Since our  incorporation,  we have  financed  our  operations  almost
exclusively  through  the sale of our common  shares to  investors  and  through
advances from our directors. We expect to finance operations through the sale of
equity or  advances  from our major  stockholder,  Hybrid  Technologies,  in the
foreseeable  future as we do not receive  significant  revenue  from our current
business  operations.  There  is no  guarantee  that we will  be  successful  in
arranging financing on acceptable terms.

           In the year ended  December 31, 2006,  we had received  approximately
$1,898,786  in advances  from our principal  stockholder,  Hybrid  Technologies.
Without such funding, we could not stay in business.


           Our  ability to raise  additional  capital is  affected by trends and
uncertainties  beyond our control. We do not currently have any arrangements for
financing and we may not be able to find such  financing if required.  Obtaining
additional financing would be subject to a number of factors, including investor
sentiment.  Market factors may make the timing,  amount,  terms or conditions of
additional financing unavailable to us.

                                       11

<page>

         Our  auditors  are of the  opinion  that  our  continuation  as a going
concern is in doubt.  Our  continuation  as a going  concern is  dependent  upon
continued financial support from our shareholders and other related parties.

CRITICAL ACCOUNTING POLICIES

Recently issued pronouncements

On February 15,  2007,  the FASB issued FASB  Statement  No. 159, The Fair Value
Option for Financial  Assets and Financial  Liabilities - Including an Amendment
of FASB  Statement No. 115. The fair value option  established  by Statement 159
permits  all  entities  to choose to  measure  eligible  items at fair  value at
specified  election  dates. A business entity will report  unrealized  gains and
losses on items for which the fair value option has been elected in earnings (or
another  performance  indicator if the business entity does not report earnings)
at  each  subsequent  reporting  date.  Statement  159  is  effective  as of the
beginning of an entity's  first fiscal year that begins after November 15, 2007.
The Company  does not expect that  adoption of SFAS No. 159 will have a material
effect on its financial position,  results of operations,  or liquidity and does
not  currently  believe  it  will  have  a  material  impact  on  our  financial
statements.

On  September  29,  2006,  the FASB issued FASB  Statement  No. 158,  Employers'
Accounting  for Defined  Benefit  Pension and Other  Postretirement  Plans -- An
Amendment  of FASB  Statements  No. 87, 88,  106,  and 132R.  This new  standard
requires an employer to: (a) recognize in its statement of financial position an
asset for a plan's over funded  status or a liability  for a plan's under funded
status;  (b) measure a plan's  assets and its  obligations  that  determine  its
funded  status  as of the  end of  the  employer's  fiscal  year  (with  limited
exceptions); and (c) recognize changes in the funded status of a defined benefit
postretirement  plan in the year in which the changes occur.  The requirement to
recognize  the funded status of a benefit plan and the  disclosure  requirements
are  effective as of the end of the fiscal year ending after  December 15, 2006,
for entities  with  publicly  traded  equity  securities,  and at the end of the
fiscal year ending after June 15, 2007, for all other entities.  The requirement
to measure plan assets and benefit  obligations as of the date of the employer's
fiscal  year-end  statement of financial  position is effective for fiscal years
ending after  December 15,  2008.  The Company does not expect that  adoption of
SFAS No. 158 will have a material effect on its financial  position,  results of
operations,  or liquidity and does not currently believe it will have a material
impact on our financial statements.

In September 2006, the FASB issued  Statement No. 157, Fair Value  Measurements.
This new standard  provides  guidance for using fair value to measure assets and
liabilities.  Statement 157 applies whenever other standards require (or permit)
assets or  liabilities  to be measured at fair value but does not expand the use
of fair value in any new  circumstances.  Under Statement 157, fair value refers
to the price  that  would be  received  to sell an asset or paid to  transfer  a
liability in an orderly transaction between market participants in the market in
which the reporting entity transacts.  In this standard,  the FASB clarifies the
principle that fair value should be based on the assumptions market participants
would use when pricing the asset or liability.  The  provisions of Statement 157
are effective for financial  statements  issued for fiscal years beginning after
November 15, 2007, and interim  periods  within those fiscal years.  The Company
does not expect that adoption of SFAS No. 157 will have a material effect on its
financial position,  results of operations,  or liquidity and does not currently
believe it will have a material impact on our financial statements.

                                       12

<page>

In March 2006, the FASB issued FASB Statement No. 156,  Accounting for Servicing
of Financial  Assets - An Amendment of FASB  Statement  No. 140.  This  standard
amends the guidance in FASB  Statement  No. 140,  Accounting  for  Transfers and
Servicing of Financial Assets and  Extinguishments  of Liabilities.  Among other
requirements, Statement 156 requires an entity to recognize a servicing asset or
servicing liability each time it undertakes an obligation to service a financial
asset by entering into a servicing contract in various situations. Statement 156
is  effective as of the  beginning of an entity's  first fiscal year that begins
after  September 15, 2006. The Company does not expect that adoption of SFAS No.
156  will  have  a  material  effect  on  its  financial  position,  results  of
operations,  or liquidity and does not currently believe it will have a material
impact on our financial statements.

In February  2006,  the FASB issued  Statement No. 155,  Accounting  for Certain
Hybrid  Instruments.  This standard  amends the guidance in FASB  Statements No.
133, Accounting for Derivative Instruments and Hedging Activities,  and No. 140,
Accounting for Transfers and Servicing of Financial  Assets and  Extinguishments
of Liabilities.  Statement 155 allows  financial  instruments that have embedded
derivatives  to be accounted for as a whole  (eliminating  the need to bifurcate
the  derivative  from its host) if the holder  elects to  account  for the whole
instrument  on a fair value basis.  Statement 155 is effective for all financial
instruments  acquired or issued after the beginning of an entity's  first fiscal
year that begins  after  September  15,  2006.  The Company does not expect that
adoption of SFAS No. 155 will have a material effect on its financial  position,
results of operations,  or liquidity and does not currently believe it will have
a material impact on our financial statements.

On July 13, 2006, FASB  Interpretation  (FIN) No. 48, Accounting for Uncertainty
in Income Taxes - An Interpretation  of FASB Statement No. 109, was issued.  FIN
48 clarifies the  accounting for  uncertainty  in income taxes  recognized in an
enterprise's  financial  statements in accordance  with FASB  Statement No. 109,
Accounting for Income Taxes. FIN 48 also prescribes a recognition  threshold and
measurement attribute for the financial statement recognition and measurement of
a tax  position  taken or  expected  to be taken in a tax  return.  The new FASB
standard also provides guidance on de-recognition,  classification, interest and
penalties,  accounting  in interim  periods,  disclosure,  and  transition.  The
provisions of FIN 48 are effective for fiscal years beginning after December 15,
2006.  The Company does not expect that adoption of FIN. 48 will have a material
effect on its financial position,  results of operations,  or liquidity and does
not  currently  believe  it  will  have  a  material  impact  on  our  financial
statements.



                                       13

<page>

ITEM 7. FINANCIAL STATEMENTS.








                                   ZINGO, INC.

                              FINANCIAL STATEMENTS

                                December 31, 2006


























                                       14

<page>

                                   Zingo, Inc.

                          Index to Financial Statements

Report of Independent Registered Accounting Firm                             16

Consolidated Balance Sheet as of December 31, 2006                           17

Consolidated Statements of Operations for the years ended
December 31, 2006  and 2005                                                  18

Consolidated Statement of stockholders' (deficit) for the
year ended December 31, 2006                                                 19

Consolidated Statement of cash flows for the year ended December 31, 2006    20

Notes to the financial statements                                            21






















                                       15

<page>

Report of Independent Registered Public Accounting Firm


To the Board of Directors and Stockholders of
Zingo, Inc.

We have audited the accompanying  consolidated  balance sheets of Zingo, Inc. as
of  December  31,  2006 and 2005,  and the related  consolidated  statements  of
operations,  stockholders' equity and cash flows for the years then ended. 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 audit.

We conducted  our audit 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 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 Zingo, Inc. as of December 31, 2006
and 2005 and the results of  operations  and cash flows for the years then ended
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 shown in the financial  statements,
the Company  incurred a net loss of  $2,002,539  and $958,120 as of December 31,
2006 and 2005, respectively.  At December 31, 2006, current liabilities exceeded
current  assets by $3,086,124  and total  liabilities  exceeded  total assets by
$2,960,799. As of December 31, 2005, current liabilities exceeded current assets
by $1,038,338 and total  liabilities  exceeded  total assets by $958,120.  These
factors,  and others  discussed  in Note 2, raise  substantial  doubt  about the
Company's  ability to continue as a going concern.  The financial  statements do
not include any adjustments relating to the recoverability and classification of
recorded assets, or the amounts and  classification of liabilities that might be
necessary in the event the Company cannot continue in existence.


/s/ Mason Russell West, LLC
Littleton, CO
April 10, 2007

                                       16

<page>

ZINGO, INC.
(formerly JavaKingCoffee, Inc.)

CONSOLIDATED BALANCE SHEETS
<table>
<caption>
                                                                                 December 31,
ASSETS                                                                               2006
--------------------------------------------------------------------------------------------------

                                                                          <c>
Current assets:
     Cash                                                                              $    8,532
     Accounts receivable, net of allowance for
     doubtful accounts of $45,794 and $2,465, respectively.                                14,775
     Inventories                                                                           13,475
     Prepaid expenses                                                                      53,160
                                                                              --------------------

                      Total current assets                                                 89,942


Property and equipment, net                                                                84,744


Other assets                                                                               40,581
                                                                              --------------------
                                                                                      $   215,267
                                                                              ====================


LIABILITIES AND SHAREHOLDERS' DEFICIT
--------------------------------------------------------------------------------------------------
Current liabilities:
     Accounts payable & accrued expenses                                              $   238,028
     Deferred revenues                                                                      2,990
     Advances from related party                                                        2,935,048
                                                                              --------------------
                      Total current liabilities                                         3,176,066

Stockholders' deficit
     Common stock, $.001 par value, 250,000,000
                  shares authorized, 115,000,000 issued and outstanding                   115,000

Par value in excess of assets received                                                   (89,205)
Accumulated deficit                                                                   (2,986,594)
                                                                              --------------------
                         Total shareholders' deficit                                  (2,960,799)
                                                                              --------------------
                                                                                      $   215,267
                                                                              ====================
</table>

SEE NOTES TO FINANCIAL STATEMENTS




                                       17

<page>

ZINGO,  INC.
(formerly JavaKingCoffee, Inc.)

CONSOLIDATED STATEMENTS OF OPERATIONS
<table>
<caption>
For the periods                                                        TWELVE MONTHS            TWELVE MONTHS
                                                                           ENDED                    ENDED
                                                                       Dec. 31, 2006            Dec. 31, 2005
------------------- -- --------- ---------- ---------- ----------- ---------------------- ----------------------

                                                                <c>                    <c>
Sales                                                             $          949,222      $            105,637
Cost of sales                                                              1,257,110                   190,582
                                                                   ---------------------------------------------
 Gross profit
(loss)                                                                      (307,888)                  (84,945)

General and administrative                                                 1,696,036                   873,831
                                                                   ---------------------------------------------
(Loss) from operations                                                    (2,003,924)                 (958,776)

Other income (expense)                                                           159                       656
Interest income                                                                1,226                         -
                                                                   ---------------------------------------------
Net (loss)                                                        $       (2,002,539)     $           (958,120)
                                                                   =============================================


Net (loss) per share                                              $            (0.02)     $              (0.01)
                                                                   =============================================

Weighted shares outstanding                                              115,000,000                65,000,000
</table>


SEE NOTES TO FINANCIAL STATEMENTS


                                       18

<page>

ZINGO, INC.
(formerly JavaKingCoffee, Inc.)
<table>
<caption>
CONSOLIDATED STATEMENT OF STOCKHOLDERS' DEFICIT                                             Deficit
                                                                             Par value     accumulated
                                                                             in excess      during the
                                                   Shares       Par value    of assets   development stage       Total
                                                -------------- ----------- ------------ ------------------- -------------

                                             <c>            <c>         <c>          <c>                 <c>
Balance January 1, 2005                           35,000,000   $   35,000  $         -  $          (83,674) $    (48,674)


Net loss for period ended August 2005                      -            -            -             (25,029)      (25,029)

Contribution of related party debt to capital              -            -       48,674                   -         48,674

Record issuance of stock                          80,000,000       80,000     (137,879)             82,908         25,029
                                                -------------- ----------- ------------ ------------------- -------------


As adjusted for reverse acquisition              115,000,000      115,000      (89,205)            (25,795)             -
Net loss for the year ended
  December 31, 2005                                        -            -            -            (958,120)     (958,120)
                                                -------------- ----------- ------------ ------------------- -------------


Balance December 31, 2005                        115,000,000      115,000      (89,205)           (983,915)      (958,120)

Net loss for the year ended
  December 31, 2006                                        -            -            -          (2,002,539)    (2,002,539)
                                                -------------- ----------- ------------ ------------------- --------------

Balance December 31, 2006                        115,000,000   $  115,000    $ (89,205) $      (2,986,454)  $  (2,960,659)
                                                ============== =========== ============ =================== ==============
</table>


SEE NOTES TO FINANCIAL STATEMENTS

                                       19

<page>

ZINGO, INC.
(formerly JavaKingCoffee, Inc.)

CONSOLIDATED STATEMENT OF CASH FLOWS
<table>
<caption>
For the twelve months ended
                                                                            Dec. 31, 2006     Dec. 31, 2005
------------------------------------------------------------------------------------------------------------

                                                                       <c>                <c>
Cash Flows from Operating Activities
Net (loss)                                                                 $   (2,002,679)      $  (958,120)
Items not affecting cash flows

             Depreciation                                                          32,312              8,393
             Bad debt expense                                                      43,329              2,465

             (Increase) in accounts receivable                                    (52,519)            (2,355)
             (Increase) decrease in inventories                                    (1,934)             7,362

             (Increase) decrease in prepaid expenses                               (7,953)           (19,808)
             Increase in accounts payable and accrued expenses                    175,080             60,296
             Increase in deferred revenue                                             925                  -
                                                                          ----------------------------------

                       Net cash (used for) operating activities                (1,813,439)          (901,767)
                                                                          ---------------------------------

Cash Flows from Investing Activities

             Purchase of property and equipment                                   (77,598)           (15,425)

             Increase in other assets                                                 179            (40,760)
                                                                          ----------------------------------

                       Net cash (applied to) financing activities                 (77,419)           (56,185)
                                                                          ----------------------------------

Cash Flows from Financing Activities

             Cash provided by parent majority shareholder                       1,898,786            956,780
                                                                          ----------------------------------

                       Net cash provided by financing activities                1,898,786            956,780
                                                                          ----------------------------------

Increase (decrease) in cash                                                         7,928             (1,172)

Cash at beginning of period                                                           604              1,776
                                                                          ----------------------------------

Cash (overdraft) at end of period                                          $        8,532       $        604
                                                                          ==================================

Supplemental disclosures of non cash transactions
             Related party liability contributed to capital                $            -       $     48,674
</table>

SEE NOTES TO FINANCIAL STATEMENTS

                                       20

<page>

ZINGO, INC.
(formerly JavaKingCoffee, Inc.)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


Note 1. Nature of business and significant accounting policies

The summary of  significant  accounting  policies is  presented to assist in the
understanding of the financial  statements.  The financial  statements and notes
are the  representations  of management.  These  accounting  policies conform to
accounting  policies generally accepted in the United States of America and have
been consistently applied in the preparation of the financial statements.

History and Nature of Business
Zingo, Inc. (the Company) was incorporated on July 15, 2002 under  the  laws  of
the State of Nevada under  the  name  "Titan Web  Solutions, Inc."  The  Company
changed its name to JavaKingCoffee Inc. in August 2003.

Effective  August 8, 2005,  the Company  entered into an  Agreement  and Plan of
Reorganization,  pursuant  to which the  Company  agreed to  acquire  all of the
outstanding  shares of  WhistlerTel,  Inc.,  a Nevada  corporation,  which was a
wholly owned subsidiary of Hybrid Technologies,  Inc. (Hybrid).  The transaction
was  completed  on August 19, 2005 by the issuance of  80,000,000  shares of the
Company's stock in exchange for all of the outstanding  shares of  WhistlerTel's
common stock.

WhistlerTel,   Inc.  was  organized  in  November,   2004.  The  Company  offers
telecommunication  services to businesses  provide voice  communication  via the
Internet. The system requires high speed broadband internet access.

The business  combination  has been  accounted for as a reverse  acquisition  as
Hybrid has acquired sufficient stock to control the Company. Management believes
that it may be beneficial  to Zingo to have a market for its stock  separate and
apart from the market for the parent company's stock. As a reverse  acquisition,
the capital structure, i.e. common Stock of JavaKing,  remains in existence, but
the  reported  historical  operations  and  accumulated  deficit  are  those  of
WhistlerTel  from inception  (November  2004).  No goodwill or other  intangible
asset with value was identified in the acquisition.

As a result of the reverse acquisition, the Company is a 69.56% owned subsidiary
of Hybrid.

Basis of consolidation
The financial statements include the accounts of  the  Company  and  its  wholly
owned  subsidiary,  Zingo  Telecom,  Inc. and  Zingo  Telecom  Canada  Inc.  All
intercompany accounts and transactions have been eliminated in consolidation.

Estimates
The  preparation  of  financial  statements  prepared  in  accordance  with  the
accounting standards generally accepted in the United States of America requires
management to make estimates and assumptions that affect the reported amounts of
assets and  liabilities  and disclosure of contingent  assets and liabilities at
the date of the  financial  statements.  Actual  results could differ from those
estimates.

Cash and cash equivalents
Cash and cash  equivalents  consist  of  highly  liquid  investments,  which are
readily convertible into cash with original maturities of three months or less.

                                       21

<page>

ZINGO, INC.
(formerly JavaKingCoffee, Inc.)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Summary of Significant Accounting Policies - continued

Financial instruments
The fair value of accounts  receivables,  accounts  payable and accrued expenses
and advances from related parties  approximates  fair value based on their short
maturities.

Accounts receivable
The Company  provides  credit to customer in the normal  course of business.  An
allowance for accounts  receivable  is estimated by management  based in part on
the aging of receivables and historical  transactions.  Periodically  management
reviews  accounts  receivable for accounts that appear to be  uncollectible  and
writes off these uncollectible balances against the allowance accordingly.

Inventories
Inventories  are  stated  at the lower of cost or  market.  Cost is based on the
specific identification method.

Property and equipment
Property  and  equipment  are  recorded  at  cost.  Depreciation of property and
equipment are accounted for by accelerated methods over the following  estimated
useful lives

                                                     Lives
                                                     -----
       Furniture and fixtures                       10 years
       Software                                     3-5 years
       Computers                                    5 years

Long-lived assets
The Company  accounts for  long-lived  assets in  accordance  with  Statement of
Financial  Accounting  Standard No. 144 (SFAS 144)  "Accounting  for  Long-Lived
Assets".  The carrying value of long-lived assets is reviewed on a regular basis
for the existence of facts and circumstances  that may suggest  impairment.  The
Company recognizes  impairment when the sum of undiscounted future cash flows is
less than the  carrying  amount  of the  asset.  The write  down of the asset is
charged to the period in which the impairment occurs.

Income taxes
Income taxes are accounted for under the asset and  liability  method.  Deferred
tax assets and  liabilities  are recognized  for amounts of existing  assets and
liabilities  and their  respective  tax bases and operating  loss and tax credit
carry  forwards.  Deferred tax assets and credits are measured using enacted tax
rates expected to be recovered or settled. The effect on deferred tax assets and
liabilities of a change in tax rates is recognized in the consolidated financial
statements in the period that includes the enactment date.

Comprehensive income (loss)
The  Company  reports   comprehensive  income  (loss)  in  accordance  with  the
requirements  of Statement of Financial  Accounting  Standards  No.130.  For the
years ended December 31, 2006 and 2005 there is no difference between net income
(loss) and comprehensive income (loss).


                                       22
<page>


ZINGO, INC.
(formerly JavaKingCoffee, Inc.)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Summary of Significant Accounting Policies - continued

Revenues
Revenues  are  recognized  at the time that  service is completed or the related
products have been installed.

Advertising
Advertising  costs are generally  expensed and are included in selling,  general
and administrative  expenses. Total advertising expenditures for the years ended
December  31,  2006  and  2005  were  approximately   $126,000  and  $  200,000,
respectively.

Shipping and handling
Shipping and handling costs associated with shipping  equipment to customers are
generally expensed and included in costs of sales.

Recently issued pronouncements
On February 15,  2007,  the FASB issued FASB  Statement  No. 159, The Fair Value
Option for Financial  Assets and Financial  Liabilities - Including an Amendment
of FASB  Statement No. 115. The fair value option  established  by Statement 159
permits  all  entities  to choose to  measure  eligible  items at fair  value at
specified  election  dates. A business entity will report  unrealized  gains and
losses on items for which the fair value option has been elected in earnings (or
another  performance  indicator if the business entity does not report earnings)
at  each  subsequent  reporting  date.  Statement  159  is  effective  as of the
beginning of an entity's  first fiscal year that begins after November 15, 2007.
The Company  does not expect that  adoption of SFAS No. 159 will have a material
effect on its financial position,  results of operations,  or liquidity and does
not  currently  believe  it  will  have  a  material  impact  on  our  financial
statements.

On  September  29,  2006,  the FASB issued FASB  Statement  No. 158,  Employers'
Accounting  for Defined  Benefit  Pension and Other  Postretirement  Plans -- An
Amendment  of FASB  Statements  No. 87, 88,  106,  and 132R.  This new  standard
requires an employer to: (a) recognize in its statement of financial position an
asset for a plan's over funded  status or a liability  for a plan's under funded
status;  (b) measure a plan's  assets and its  obligations  that  determine  its
funded  status  as of the  end of  the  employer's  fiscal  year  (with  limited
exceptions); and (c) recognize changes in the funded status of a defined benefit
postretirement  plan in the year in which the changes occur.  The requirement to
recognize  the funded status of a benefit plan and the  disclosure  requirements
are  effective as of the end of the fiscal year ending after  December 15, 2006,
for entities  with  publicly  traded  equity  securities,  and at the end of the
fiscal year ending after June 15, 2007, for all other entities.  The requirement
to measure plan assets and benefit  obligations as of the date of the employer's
fiscal  year-end  statement of financial  position is effective for fiscal years
ending after  December 15,  2008.  The Company does not expect that  adoption of
SFAS No. 158 will have a material effect on its financial  position,  results of
operations,  or liquidity and does not currently believe it will have a material
impact on our financial statements.

In September 2006, the FASB issued  Statement No. 157, Fair Value  Measurements.
This new standard  provides  guidance for using fair value to measure assets and
liabilities.  Statement 157 applies whenever other standards require (or permit)
assets or  liabilities  to be measured at fair value but does not expand the use
of fair value in any new  circumstances.  Under Statement 157, fair value refers
to Summary of Significant Accounting Policies - continued

                                       23

<page>


ZINGO, INC.
(formerly JavaKingCoffee, Inc.)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Recently issued pronouncements - continued

the price that  would  be  received to sell  an  asset or  paid  to  transfer  a
liability in an orderly transaction between market participants in the market in
which the reporting entity transacts. In this standard, the  FASB clarifies  the
principle that fair value should be based on the assumptions market participants
would use when pricing the asset or liability. The provisions  of  Statement 157
are effective for financial statements issued for fiscal years  beginning  after
November 15, 2007, and interim periods within those  fiscal  years.  The Company
does not expect that adoption of SFAS No. 157 will have a material effect on its
financial position, results of operations, or liquidity and  does  not currently
believe it will have a material impact on our financial statements.

In March 2006, the FASB issued FASB Statement No. 156,  Accounting for Servicing
of Financial  Assets - An Amendment of FASB  Statement  No. 140.  This  standard
amends the guidance in FASB  Statement  No. 140,  Accounting  for  Transfers and
Servicing of Financial Assets and  Extinguishments  of Liabilities.  Among other
requirements, Statement 156 requires an entity to recognize a servicing asset or
servicing liability each time it undertakes an obligation to service a financial
asset by entering into a servicing contract in various situations. Statement 156
is  effective as of the  beginning of an entity's  first fiscal year that begins
after  September 15, 2006. The Company does not expect that adoption of SFAS No.
156  will  have  a  material  effect  on  its  financial  position,  results  of
operations,  or liquidity and does not currently believe it will have a material
impact on our financial statements.

In February  2006,  the FASB issued  Statement No. 155,  Accounting  for Certain
Hybrid  Instruments.  This standard  amends the guidance in FASB  Statements No.
133, Accounting for Derivative Instruments and Hedging Activities,  and No. 140,
Accounting for Transfers and Servicing of Financial  Assets and  Extinguishments
of Liabilities.  Statement 155 allows  financial  instruments that have embedded
derivatives  to be accounted for as a whole  (eliminating  the need to bifurcate
the  derivative  from its host) if the holder  elects to  account  for the whole
instrument  on a fair value basis.  Statement 155 is effective for all financial
instruments  acquired or issued after the beginning of an entity's  first fiscal
year that begins  after  September  15,  2006.  The Company does not expect that
adoption of SFAS No. 155 will have a material effect on its financial  position,
results of operations,  or liquidity and does not currently believe it will have
a material impact on our financial statements.

On July 13, 2006, FASB  Interpretation  (FIN) No. 48, Accounting for Uncertainty
in Income Taxes - An Interpretation  of FASB Statement No. 109, was issued.  FIN
48 clarifies the  accounting for  uncertainty  in income taxes  recognized in an
enterprise's  financial  statements in accordance  with FASB  Statement No. 109,
Accounting for Income Taxes. FIN 48 also prescribes a recognition  threshold and
measurement attribute for the financial statement recognition and measurement of
a tax  position  taken or  expected  to be taken in a tax  return.  The new FASB
standard also provides guidance on de-recognition,  classification, interest and
penalties,  accounting  in interim  periods,  disclosure,  and  transition.  The
provisions of FIN 48 are effective for fiscal years beginning after December 15,
2006.
The Company does not expect that adoption of FIN. 48 will have a material effect
on its  financial  position,  results of  operations,  or liquidity and does not
currently believe it will have a material impact on our financial statements.


                                       24

<page>


ZINGO, INC.
(formerly JavaKingCoffee, Inc.)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


Note 2. Going concern

The  Company's  financial  statements  are prepared  based on the going  concern
principle.  That principle anticipates the realization of assets and payments of
liabilities  through the ordinary course of business.  No adjustments  have been
made to reduce the value of any assets or record additional liabilities, if any,
if the Company  were to cease to exist.  The Company  has  incurred  significant
operating losses since inception. These operating losses have been funded by its
parent. There are no guarantees that the parent company will continue to provide
the  necessary  funding or whether the Company will be able to raise the capital
required from other sources.

Note 3. Business combination

As  discussed  in Note 1,  JavaKing  Coffee,  Inc.  (JavaKing)  entered  into an
Agreement and Plan of  Reorganization,  pursuant to which the Company  agreed to
acquire  all  of  the  outstanding   shares  of  WhistlerTel,   Inc.,  a  Nevada
corporation,  and  a  wholly  owned  subsidiary  of  Hybrid  Technologies,  Inc.
(Hybrid).  The  transaction  was completed on August 19, 2005 by the issuance of
80,000,000  shares  (69.56%) of the  Company's  stock in exchange for all of the
outstanding  shares of  WhislerTel's  common  stock.  The  transaction  has been
accounted for as reverse  acquisition  because  Hybrid has replaced the JavaKing
shareholders  as the party in  control.  In a reverse  acquisition  the  capital
structure  remains  that of the  legally  surviving  entity  (JavaKing)  but the
historical operations is that of the surviving control group (WhistlerTel).

The following pro-forma  statements of operations give effect to the transaction
as if it had occurred as of the start of the periods presented.

Twelve months ended December 31, 2005
<table>
<caption>
                                                                (Unaudited)
                                                                Pro-forma       (Unaudited)
                                       As reported              adjustments      Pro-form
                                       -----------              -----------     ------------

                                    <c>                      <c>             <c>
Revenues and interest income           $   106,293              $         -     $   106,293
Costs and Expenses                      (1,064,413)                 (25,029)     (1,089,422)
                                       -----------              ------------    ------------
Net (loss)                             $ (958,120)              $   (25,029)    $   (25,029)
                                       ===========              ============    ============

(Loss) per share                           -$0.04                     $0.00            $0.00
</table>




Note 4. Other current assets

Other current assets at December 31 consist of:
                                          2006
                                      ------------
    Prepaid expenses                  $     21,497
    Amounts on deposit with Venders         31,633
                                      ------------
                                            53,160
                                      ============

                                       25

<page>

Note 5. Property and equipment

Property and equipment at December 31 consists of:

                                          2006
                                      ------------
    Software                          $     19,933
    Office and computer equipment          100,119
    Furniture                                6,806
                                      ------------
                                           126,918
    Less accumulated depreciation          (42,174)
                                      ------------
                                      $     84,744
                                      ============

Note 6.  Capital stock

As discussed in Note 1 and Note 3, the Company entered into an agreement whereby
the Company issued  80,000,000  shares of its common stock to the shareholder of
Whistler Tel, Inc. in exchange for all of the shares of WhistlerTel.

During the year ended  December  31, 2005,  the Company  announced a ten for one
stock  split.  All  information  related  to the  number  of shares or per share
information has been adjusted to reflect this stock split.

Note 7.  Income taxes

At December  31, 2006 and 2005,  the Company has deferred tax assets as a result
of the net operating losses incurred from inception.  The resulting deferred tax
assets are reduced by a valuation allowance as discussed in note 1, equal to the
deferred tax asset as it is unlikely,  based on current circumstances,  that the
Company  will  ever  realize  a  tax  benefit.   Deferred  tax  assets  and  the
corresponding  valuation  allowances  amounted to  approximately  $1,015,000 and
$345,000 at December 31, 2006 and 2005 respectively.

Under current tax laws, the cumulative  operating  losses incurred  amounting to
approximately   $2,900,000   and   $985,000  at  December   31,  2006  and  2005
respectively, will begin to expire in 2017.

Note 8.  Commitments and contingencies

The  Company   leases   certain  real  property   under  the  terms  of  certain
non-cancelable  operating  leases.  It is expected  that in the normal course of
business the lease will be continued or replaced by a similar arrangements.

Future minimum lease payments under these leases are approximately:

Year ending December 31, 2007                  $     9,060
Year ending December 31, 2008                        1,510
                                              ------------
                                               $    10,570
                                              ============

                                       26

<page>

Note 8.  Commitments and contingencies - continued

Total rent expense for the years ended  December  31, 2006 and 2005  amounted to
approximately $38,000 and $17,000, respectively.

The Company  has an  unconditional  obligation  to  purchase  certain  technical
components it resells and utilizes in its  operations.  The obligation was for a
twelve month  period and the Company did not renew the  contract in 2007.  As of
December  31, 2006 the Company was  obligated to future  purchases  amounting to
approximately $151,000.  During the year ended December 31, 2006 the Company had
incurred costs under the obligation amounting to approximately $147,000.

In addition, the Company has provided, as collateral, certain suppliers a letter
of credit supplied by a certain financial institution. This arrangement requires
that restricted cash be held on deposit with a financial institution and pledged
as collateral  for a letter of credit  provided by the financial  institution to
suppliers.  This  restricted  cash is recorded as other  assets and  amounted to
approximately $40,000 for both December 31, 2006 and 2005.

Note 9.  Related party transactions

As discussed in Note 2, the Company's  principal  financing source has been from
its parent, Hybrid Technologies,  Inc. At December 31, 2006 and 2005 the Company
had advances  totaling  approximately  $2,935,000 and $1,036,000,  respectively.
Total advances amounted to approximately $1,900,000 and $982,000,  respectively,
during the years ended  December 31, 2006 and 2005.  Without such  funding,  the
Company could not stay in business.

The advances  have no specific  repayment  terms and do not bear  interest.  The
amounts are reported as current due to the relationship.

Note 10.  (Loss) per share

Loss per  share is  computed  based on the  weighted  average  number  of shares
outstanding during the year. The Company has no outstanding options, warrants or
other convertible instruments that could affect the calculated number of shares.

Note 11. Subsequent events

In January 2007, the Company formed an additional subsidiary, Zingo BPO Services
Private LTD, to carry on certain support operations.

In  addition,  in March  2007 the  Company  was  served a  subpoena  to  produce
documents related to legal proceedings  involving parties that included a former
prospective Company vendor.  Management does not believe the Company will become
a party to these proceedings.

                                       27

<page>

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


Not applicable.





ITEM 8A. CONTROLS AND PROCEDURES.

         As of the end of the fiscal year ended  December 31,  2006,  covered by
this Form 10-KSB,  the Company carried out an evaluation,  under the supervision
and with the  participation  of Holly  Roseberry,  the Company's Chief Executive
Officer and Principal  Financial and Accounting Officer, of the effectiveness of
the design and operation of the Company's  disclosure controls and procedures as
defined in Rule 13a-15 of the Securities  Exchange Act of 1934.  Based upon that
evaluation,  the Chief Executive Officer and Principal  Financial and Accounting
Officer  concluded  that the Company's  disclosure  controls and  procedures are
effective in timely alerting her to material information relating to the Company
(including its consolidated subsidiaries) required to be included in this Annual
Report on Form  10-KSB.  There have been no changes  in the  Company's  internal
controls or in other factors which could significantly  affect internal controls
subsequent to the date the Company carried out its evaluation.



ITEM 8B.  OTHER INFORMATION

None.









                                       28

<page>

                                    PART III

ITEM 9. DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS; COMPLIANCE
WITH SECTION 16(A) OF THE EXCHANGE ACT.

Our executive  officers and directors and their  respective ages as of March 30,
2005 are as follows:


Name                           Age          Office
--------------------          -----         ------
Holly Roseberry                55           President, Chief Executive
                                            Officer and Director
Mehboob Charania               51           Secretary, Treasurer, and
                                            Director



The following  describes the business  experience of our directors and executive
officers, including other directorships held in reporting companies:

Ms. Holly Roseberry was appointed as our President,  Chief Executive  Officer on
August 30, 2005.  Ms.  Roseberry has acted as the  President and Chef  Executive
Officer and has been a director of Hybrid  Technologies,  our major stockholder,
since  2002.  From 2001 to 2003,  she  acted as  manager  for the Azra  Shopping
Center,  Las Vegas,  Nevada.  She obtained a Bachelor of Arts degree from Sacred
Heart University in Bridgeport,  Connecticut in 1973. Ms. Roseberry was employed
from 1993 to 1996 as human resources manager,  and from 1997 to 1999 as business
office manager, of the Las Vegas location of Wards Department Store.

Mr. Mehboob Charania was appointed as our Secretary and Chief Financial Officer,
and a director,  on August 30, 2005, and has acted as the  secretary,  treasurer
and chief  financial  officer of Hybrid  Technologies  since  November 15, 2002.
Since  June 2001,  Mr.  Charania  has been the owner and  operator  of  Infusion
Bistro, a restaurant located in Calgary, Alberta. From 1998 to 2001, he acted as
a manager at IBM's Calgary office.

Term of Office

Our  directors  are  appointed for a one-year term to hold office until the next
annual  meeting of our  shareholders  or until removed from office in accordance
with our bylaws.  Our officers are  appointed by our board of directors and hold
office until removed by the board.


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

Section 16(a) of the Exchange Act requires the Company's  executive officers and
directors,  and  persons  who  beneficially  own more  than ten  percent  of the
Company's  equity  securities,  to file  reports  of  ownership  and  changes in
ownership with the Securities and Exchange Commission.  Officers,  directors and
greater than ten percent  shareholders are required by SEC regulation to furnish
the  Company  with copies of all  Section  16(a)  forms they file.  Based on its
review of the copies of such forms  received  by it, the Company  believes  that
during the fiscal year ended  December  31,  2006 all such  filing  requirements
applicable to its officers and directors were complied with.

                                       29

<page>

ITEM 10.     EXECUTIVE COMPENSATION


The following table sets forth information for the periods indicated  concerning
the aggregate  compensation  paid by the Company and its subsidiaries to certain
of the Company's executive officers.

SUMMARY COMPENSATION TABLE

         The following table sets forth  information  for the periods  indicated
concerning the aggregate  compensation  paid by the Company and its subsidiaries
to certain of the Company's executive officers (the "Named Executives").
<table>
<caption>
-----------------------------------------------------------------------------------------------------------------------
   Name and      Year   Salary    Bonus      Stock      Option      Non-Equity       Change in     All Other    Total
  Principal               ($)      ($)      Awards      Awards      Incentive      Pension Value    Compen-      ($)
   Position                                   ($)        ($)           Plan        and Nonquali-     Sation
                                                                   Compensation    fied Deferred
                                                                       ($)         Compensation
                                                                                     Earnings
                                                                                        ($)

     (a)                                                                                (h)           (i)
                 (b)      (c)      (d)        (e)        (f)           (g)                                       (j)
-----------------------------------------------------------------------------------------------------------------------

             <c>     <c>      <c>       <c>        <c>         <c>             <c>              <c>         <c>
Chen Wu,        2005                                                                                             -0-
President and
Chief
Executive
Officer from
July 22, 2002
to August 30,
2005
-----------------------------------------------------------------------------------------------------------------------
Holly           2005                                                                                             -0-
Roseberry,
President and
Chief
Executive
Officer from
August 30,
2005
-----------------------------------------------------------------------------------------------------------------------
                2006                                                                               $5,000*     $5,000
-----------------------------------------------------------------------------------------------------------------------
Mehboob         2005                                                                                             -0-
Charania,
Secretary and
Director
-----------------------------------------------------------------------------------------------------------------------
                2006                                                                                             -0-
-----------------------------------------------------------------------------------------------------------------------
</table>

*        Ms. Roseberry received director's fees of $5,000 in 2006.


We have not entered into any employment  agreement or consulting  agreement with
our directors and executive officers.

                                       30

<page>

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

DIRECTOR COMPENSATION

We reimburse our directors for expenses  incurred in connection  with  attending
board meetings but we  paid  director's  fee of $5000  to  Holly  Roseberry  for
services rendered as a director in the period ended December 31, 2006.


We have no formal plan for compensating our directors for their service in their
capacity as directors.  We may grant to our  directors in the future  options to
purchase  shares of common  stock as  determined  by our board of directors or a
compensation  committee  which may be established  in the future.  Directors are
entitled to reimbursement for reasonable travel and other out-of-pocket expenses
incurred in  connection  with  attendance at meetings of our board of directors.
Other than  indicated in this report,  no director  received  and/or accrued any
compensation  for  his  or  her  services  as a  director,  including  committee
participation and/or special assignments.


ITEM 11.  SECURITY OWNERSHIP OF CERTAIN  BENEFICIAL  OWNERS  AND  MANAGEMENT AND
RELATED STOCKHOLDER MATTERS


Principal Stockholders


The following table sets forth, as of April 12, 2007,  certain  information with
respect to the  beneficial  ownership  of our common  stock by each  stockholder
known by us to be the  beneficial  owner of more than 5% of our common stock and
by each of our current  directors and executive  officers.  Each person has sole
voting and investment  power with respect to the shares of common stock,  except
as otherwise  indicated.  Beneficial  ownership consists of a direct interest in
the shares of common stock, except as otherwise indicated.
<table>
<caption>
                                                       Amount and Nature of                  Percentage
Name and Address of Beneficial Owner                   Beneficial Ownership                 of Class(1)
-------------------------------------------------------------------------------------------------------

                                                  <c>                                    <c>
Chen Wu                                              10,000,000 common shares                  8.69%
#248, 811A Ryan Road
Richmond, B.C. V7A 2E4
Canada
-------------------------------------------------------------------------------------------------------
Udaya Madanayake                                     10,000,000 common shares                  8.69%
1532 Manning Avenue
Port Coquitlam, B.C. V3B 1K5
Canada
-------------------------------------------------------------------------------------------------------
Directors and Executive Officers as a Group                    -0-                              -0-%
-------------------------------------------------------------------------------------------------------
Hybrid Technologies, Inc.
5001 East Bonanza Blvd                               80,000,000 common shares                  69.56%
Suite 138-145
Las Vegas, NV 89110
-------------------------------------------------------------------------------------------------------
(1) Based on  115,000,000  shares of common stock issued and  outstanding  as of
April 12, 2007.
</table>

ITEM 12.  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

On August 19, 2005,  we completed the  acquisition  of  Whistlertel,  formerly a
wholly-owned subsidiary of Hybrid Technologies,  in exchange for the issuance of
80,000,000 shares of our common stock, or 69.56% of our outstanding common stock
following such issuance.

In the year ended December 31, 2006, Hybrid  Technologies,  Inc., made unsecured
advances to us in the aggregate amount of $1,898,786.


ITEM 13. EXHIBITS

--------------------------------------------------------------------------------
Exhibit No.  Description
--------------------------------------------------------------------------------

3.1          Articles  of  Incorporation  of  the  Company. (Incorporated herein
             by   reference  to  Exhibit  3.1  to   the  Company's  Registration
             Statement on Form SB-2,  filed with the Commission on May 7, 2003.)


3.2          By-Laws  of  the  Company.  (Incorporated  herein  by  reference to
             Exhibit 3.2 to the Company's  Registration Statement on  Form  SB-2
             filed with the Commission on May 7, 2003.)


10.1         Memorandum of Understanding among Chen (Jason) Wu, Udaya Madanayake
             and Tony Castro. (Incorporated herein by reference to  Exhibit 10.1
             to Amendment No. 3 to the  Company's Registration Statement on Form
             SB-2, filed with the Commission on March 29, 2004.)

10.2         Agreement between H&H Co., Ltd. and the Company, dated  August  26,
             2004. (Incorporated herein  by  reference  to  Exhibit  10.3 to the
             Company's  Quarterly  Report  on  Form  10-QSB,   filed   with  the
             Commission on October 22, 2004.)

10.3         Agreement  between  Beijing  CXSD  Investment  Co.,  Ltd.  and  the
             Company, dated April 30, 2004. (Incorporated herein by reference to
             Exhibit  10.2  to  the  Company's Quarterly  Report on Form 10-QSB,
             filed with the Commission on October 22, 2004.)

10.4         Agreement and Plan of Reorganization, dated as of August  18, 2005,
             among the Company, Whistlertel, Inc. and  Hybrid Technologies, Inc.
             (Incorporated by reference to Exhibit 10.3 to the Company's Current
             Report on Form 8-K, filed with the Commission on August 24, 2005.)


21           Subsidiaries of Registrant (Filed herewith.)

31           Certification  of  Chief  Executive Officer and Principal Financial
             Officer Pursuant to Section 302 of the  Sarbanes-Oxley Act of 2002,
             filed herewith.

32           Certification  of Chief  Executive  Officer and Principal Financial
             Officer Pursuant to 18 U.S.C. Section 1350, as Adopted  Pursuant to
             Section 906  of the  Sarbanes-Oxley Act of 2002, filed herewith.


                                       32


<page>


ITEM 14.  PRINCIPAL ACCOUNTANT FEES AND SERVICES


(1) Audit Fee.


                  The aggregate fees billed by our current independent auditors,
                  Mason Russell West, LLC, for  professional  services  rendered
                  for the audit of our financial  statement filed as part of our
                  2005  Form  10-KSB  filing  and  for  review  of  our  interim
                  financial  statements  filed as part of our third quarter Form
                  10-QSB filing for the fiscal year of 2005 are $9,670.


                  The  aggregate  fees  billed by Mason  Russell  West,  LLC for
                  professional  services rendered for the audit of our financial
                  statement filed as part of our 2006 Form 10-KSB filing and for
                  review of our interim  financial  statements  filed as part of
                  our first, second and third quarter Form 10-QSB filing for the
                  fiscal year of 2006 are $15,525.


(2) Audit-Related Fees.


                There  have  been  no   audit-related   fees   billed  by  our
                accountants in each of the last two fiscal years of our Company.


(3) Tax Fees.


                There have been no  tax fees  billed by our  accountants in each
                of the last two fiscal years of our Company.





(4) All Other Fees.


                There have been no other  fees  billed by our  accountants  in
                each of the last two fiscal years of our Company.


(5)                   It is the policy of our board of directors that before the
accountant is engaged to render audit or non-audit  services,  the engagement is
approved  by the  Board of  Directors  that is at  present  acting  as the Audit
Committee.





 (6) Not applicable.


                                       33

<page>

                                   SIGNATURES


In  accordance  with  Section 13 or 15(d) of the Exchange  Act,  the  registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.


         ZINGO, INC.


By:     /s/ Holly Roseberry
       ---------------------------------
       Holly Roseberry
       Chief Executive Officer and Principal Financial Officer

         Date: April 16, 2007



In  accordance  with the  Securities  Exchange  Act, this report has been signed
below by the following persons on behalf of the registrant and in the capacities
and on the dates indicated.


By:    /s/ Holly Roseberry
       -------------------
       Holly Roseberry
       President and C.E.O.
       (President, Chief Executive Officer
       Principal Financial Officer and Director)
       Date: April 16, 2007


By:    /s/ Mehboob Charania
       -------------------
       Mehboob Charania
       (Secretary and Director)
       Date: April 16, 2007




EXHIBIT INDEX


21    Subsidiaries of Registrant

31    Certification  of  Chief Executive Officer and Principal Financial Officer
      Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

32    Certification of Chief Executive Officer and Principal Financial Officer
      Pursuant to 18 U.S.C. Section  1350, as Adopted Pursuant to Section 906 of
      the Sarbanes-Oxley Act of 2002.



                                       34