| Delaware                                                            |   | N/A                                       |
|---------------------------------------------------------------------|--------|-------------------------------------------|
| (State or      other jurisdiction of incorporation or organization) |   | (I.R.S.      Employer Identification No.) |
|                                                                |   |                                      |
|                                                                |   |                                      |
| 7 Vancouver Street, Suite    207                                    |   |                                      |
| Barrie, Ontario,    Canada                                     |   | L4M 4M1                                   |
| (Address      of principal executive offices)                       |   | (Zip      Code)                           |

----

| Table      of Contents                         |
|------------------------------------------------|
|                                           |
| PART      I - FINANCIAL      INFORMATION  | 3 |
| Item      1                               | Financial Statements  | 4 |
| Item      2                               | Management's Discussion and Analysis of Financial Condition      and Results of Operations  | 8 |
| Item      3                                    | Quantitative and Qualitative Disclosure About Market      Risk | 8 |
| Item      4                               | Controls and Procedures  | 9 |
| Part      II - OTHER    INFORMATION       | 9 |
| Item      1                               | Legal Proceedings  | 9 |
| Item      2                               | Unregistered Sales of Equity Securities and Use of Proceeds        | 9 |
| Item      3                               | Defaults Upon Senior Securities  | 9 |
| Item      4                               | Submission of Matters to a Vote of Securities      Holders  | 9 |
| Item      5                               | Other Information  | 9 |
| Item      6                               | Exhibits and Reports on Form 8-K  | 9 |

----

I 

| Index                                                  |   |
|--------------------------------------------------------|--------|
| Consolidated Balance Sheets                            | F-1    |
| Consolidated Statements of Operations                  | F-2    |
| Consolidated Statements of Stockholders’ Deficit | F-3    |
| Consolidated Statements of Cash Flows                  | F-6    |
| Notes to the Consolidated Financial Statements         | F-7    |

----

Development 

|                                                                                                                                                              |   | November      30, 2008 |     |   | February      29, 2008 |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------|----------|--------|------------------------|--------|
|                                                                                                                                                              |   | $                      |     |   | $                      |   |
| ASSETS                                                                                                                                                            |   |                   |     |   |                   |   |   |   |
|                                                                                                                                                              |   |                   |     |   |                   |   |   |   |
| Current      Assets                                                                                                                                               |   |                   |     |   |                   |   |   |   |
|                                                                                                                                                              |   |                   |     |   |                   |   |   |   |
| Cash                                                                                                                                                              |   |                   | 722      |   |                   |   | 1,794 |   |
| Prepaid      expenses and other assets                                                                                                                            |   |                   | 10,004   |   |                   |   | 11,378 |   |
|                                                                                                                                                              |   |                   |     |   |                   |   |   |   |
| Total Current      Assets                                                                                                                                         |   |                   | 10,726   |   |                   |   | 13,172 |   |
|                                                                                                                                                              |   |                   |     |   |                   |   |   |   |
| Investment      (Note 3)                                                                                                                                          |   |                   | –  |   |                   |   | 10,000 |   |
| Property and      Equipment (Note 4)                                                                                                                              |   |                   | 7,586    |   |                   |   | 10,110 |   |
| Web Site      Development Costs (Note 4)                                                                                                                          |   |                   | 265      |   |                   |   | 33,833 |   |
| Music      Rights                                                                                                                                                 |   |                   | 342      |   |                   |   | 342 |   |
|                                                                                                                                                              |   |                   |     |   |                   |   |   |   |
| Total      Assets                                                                                                                                                 |   |                   | 18,919   |   |                   |   | 67,457 |   |
|                                                                                                                                                              |   |                   |     |   |                   |   |   |   |
|                                                                                                                                                              |   |                   |     |   |                   |   |   |   |
| LIABILITIES      AND STOCKHOLDERS’ DEFICIT                                                                                                                  |   |                   |     |   |                   |   |   |   |
|                                                                                                                                                              |   |                   |     |   |                   |   |   |   |
| Current      Liabilities                                                                                                                                          |   |                   |     |   |                   |   |   |   |
|                                                                                                                                                              |   |                   |     |   |                   |   |   |   |
| Accounts      payable and accrued expenses                                                                                                                        |   |                   | 35,492   |   |                   |   | 43,241 |   |
| Due to      related a party (Note 5(a))                                                                                                                           |   |                   | –  |   |                   |   | 2,250 |   |
| Note payable      to related parties (Note 5(b))                                                                                                                  |   |                   | 558,854  |   |                   |   | 441,243 |   |
|                                                                                                                                                              |   |                   |     |   |                   |   |   |   |
| Total Current      Liabilities                                                                                                                                    |   |                   | 594,346  |   |                   |   | 486,734 |   |
|                                                                                                                                                              |   |                   |     |   |                   |   |   |   |
| Stockholders’      Deficit                                                                                                                                  |   |                   |     |   |                   |   |   |   |
|                                                                                                                                                              |   |                   |     |   |                   |   |   |   |
| Preferred      Stock:   10,000,000 share authorized; none      issued                                                                              |   |                   | –  |   |                   |   | – |   |
|                                                                                                                                                              |   |                   |     |   |                   |   |   |   |
| Common      Stock:  100,000,000 shares authorized, $0.0001 par value      258,444      (February 29, 2008 – 258,444) shares issued andoutstanding |   |                   | 26       |   |                   |   | 26 |   |
|                                                                                                                                                              |   |                   |     |   |                   |   |   |   |
| Additional      Paid-in Capital                                                                                                                                   |   |                   | 352,822  |   |                   |   | 352,822 |   |
|                                                                                                                                                              |   |                   |     |   |                   |   |   |   |
| Deficit      Accumulated During the Development Stage                                                                                                             |   |                   | (928,275 | )      |                   |   | (772,125 | ) |
|                                                                                                                                                              |   |                   |     |   |                   |   |   |   |
| Total      Stockholders’ Deficit                                                                                                                            |   |                   | (575,427 | )      |                   |   | (419,277 | ) |
|                                                                                                                                                              |   |                   |     |   |                   |   |   |   |
| Total      Liabilities and Stockholders’ Deficit                                                                                                            |   |                   | 18,919   |   |                   |   | 67,457 |   |

----

Consolidated 

|                                                                                 |   | For      the Three      Month Period      Ended |    |   | For      the Three      Month Period      Ended |   |    | For      the Nine      Month Period      Ended |   |   | For      the Nine      Month Period      Ended |   |   | Accumulated      From June      4, 2001 (Date      of Inception) |     |
|--------------------------------------------------------------------------------------|--------|-------------------------------------------------|---------|--------|-------------------------------------------------|--------|---------|------------------------------------------------|--------|--------|------------------------------------------------|--------|--------|------------------------------------------------------------------|----------|
|                                                                                 |   | November      30, 2008                          |    |   | November      30, 2007                          |   |    | November      30, 2008                         |   |   | November      30, 2007                         |   |   | to      November 30, 2008                                        |     |
|                                                                                 |   | $                                               |    |   | $                                               |   |    | $                                              |   |   | $                                              |   |   | $                                                                |     |
|                                                                                 |   |                                            |    |   |                                            |   |    |                                           |   |   |                                           |   |   |                                                             |     |   |   |   |   |   |
| Sales                                                                                |   |                                            | – |   |                                            |   | 171     |                                           |   |   | 136                                            |   |   |                                                             | 645      |   |   |   | 5,371 |   |
|                                                                                 |   |                                            |    |   |                                            |   |    |                                           |   |   |                                           |   |   |                                                             |     |   |   |   |   |   |
| Cost of      Sales                                                                   |   |                                            | – |   |                                            |   | (422    | )                                              |   |   | (246                                           | )      |   |                                                             | (1,220   | ) |   |   | (7,596 | ) |
|                                                                                 |   |                                            |    |   |                                            |   |    |                                           |   |   |                                           |   |   |                                                             |     |   |   |   |   |   |
| Gross      Margin                                                                    |   |                                            | – |   |                                            |   | (251    | )                                              |   |   | (110                                           | )      |   |                                                             | (575     | ) |   |   | (2,225 | ) |
|                                                                                 |   |                                            |    |   |                                            |   |    |                                           |   |   |                                           |   |   |                                                             |     |   |   |   |   |   |
| Expenses                                                                             |   |                                            |    |   |                                            |   |    |                                           |   |   |                                           |   |   |                                                             |     |   |   |   |   |   |
|                                                                                 |   |                                            |    |   |                                            |   |    |                                           |   |   |                                           |   |   |                                                             |     |   |   |   |   |   |
| Directors      fees                                                                  |   |                                            | – |   |                                            |   | 22,988  |                                           |   |   | –                                        |   |   |                                                             | 34,260   |   |   |   | 22,485 |   |
| Marketing                                                                            |   |                                            | – |   |                                            |   | 7,639   |                                           |   |   | –                                        |   |   |                                                             | 12,171   |   |   |   | 56,972 |   |
| Management      fees (Note 5)                                                        |   |                                            | – |   |                                            |   | 15,900  |                                           |   |   | 25,000                                         |   |   |                                                             | 47,700   |   |   |   | 171,281 |   |
| Professional      fees                                                               |   |                                            | 6,541   |   |                                            |   | 183     |                                           |   |   | 75,648                                         |   |   |                                                             | 19,193   |   |   |   | 229,582 |   |
| Research and      development                                                        |   |                                            | – |   |                                            |   | – |                                           |   |   | –                                        |   |   |                                                             | 30,273   |   |   |   | 77,629 |   |
| Share based      compensation                                                        |   |                                            | – |   |                                            |   | – |                                           |   |   | –                                        |   |   |                                                             | 25,670   |   |   |   | 109,726 |   |
| General and      administrative                                                      |   |                                            | 891     |   |                                            |   | 1,981   |                                           |   |   | 8,223                                          |   |   |                                                             | 47,121   |   |   |   | 157,579 |   |
| Interest      expense                                                                |   |                                            | – |   |                                            |   | 9,265   |                                           |   |   | –                                        |   |   |                                                             | 24,904   |   |   |   | 61,977 |   |
| Depreciation      and amortization                                                   |   |                                            | 1,360   |   |                                            |   | 13,385  |                                           |   |   | 37,169                                         |   |   |                                                             | 27,676   |   |   |   | 117,362 |   |
|                                                                                 |   |                                            |    |   |                                            |   |    |                                           |   |   |                                           |   |   |                                                             |     |   |   |   |   |   |
| Total      Expenses                                                                  |   |                                            | 8,792   |   |                                            |   | 71,341  |                                           |   |   | 146,040                                        |   |   |                                                             | 268,968  |   |   |   | 1,004,593 |   |
|                                                                                 |   |                                            |    |   |                                            |   |    |                                           |   |   |                                           |   |   |                                                             |     |   |   |   |   |   |
| Operating      Loss                                                                  |   |                                            | (8,792  | )      |                                            |   | (71,592 | )                                              |   |   | (146,150                                       | )      |   |                                                             | (269,543 | ) |   |   | (1,006,818 | ) |
|                                                                                 |   |                                            |    |   |                                            |   |    |                                           |   |   |                                           |   |   |                                                             |     |   |   |   |   |   |
| Other Income      (Loss)                                                             |   |                                            |    |   |                                            |   |    |                                           |   |   |                                           |   |   |                                                             |     |   |   |   |   |   |
|                                                                                 |   |                                            |    |   |                                            |   |    |                                           |   |   |                                           |   |   |                                                             |     |   |   |   |   |   |
| Gain on issue      by subsidiary of its own shares outside the consolidated    group |   |                                            | – |   |                                            |   | (3      | )                                              |   |   | –                                        |   |   |                                                             | –  |   |   |   | – |   |
| Non-controlling      interest                                                        |   |                                            | – |   |                                            |   | (70     | )                                              |   |   | –                                        |   |   |                                                             | –  |   |   |   | – |   |
| Gain on      write-off of debt                                                       |   |                                            | – |   |                                            |   | – |                                           |   |   | –                                        |   |   |                                                             | –  |   |   |   | 88,718 |   |
| Loss on sale      of subsidiary                                                      |   |                                            | – |   |                                            |   | (175    | )                                              |   |   | –                                        |   |   |                                                             | (175     | ) |   |   | (175 | ) |
| Write-off of      investment                                                         |   |                                            | – |   |                                            |   | – |                                           |   |   | (10,000                                        | )      |   |                                                             | –  |   |   |   | (10,000 | ) |
|                                                                                 |   |                                            |    |   |                                            |   |    |                                           |   |   |                                           |   |   |                                                             |     |   |   |   |   |   |
| Net      Loss                                                                        |   |                                            | (8,792  | )      |                                            |   | (71,840 | )                                              |   |   | (156,150                                       | )      |   |                                                             | (269,718 | ) |   |   | (928,275 | ) |
|                                                                                 |   |                                            |    |   |                                            |   |    |                                           |   |   |                                           |   |   |                                                             |     |   |   |   |   |   |
| Net Loss Per      Share – Basic and Diluted                                    |   |                                            | (0.03   | )      |                                            |   | (0.28   | )                                              |   |   | (0.60                                          | )      |   |                                                             | (1.05    | ) |   |   |   |   |
|                                                                                 |   |                                            |    |   |                                            |   |    |                                           |   |   |                                           |   |   |                                                             |     |   |   |   |   |   |
| Weighted      Average Shares Outstanding                                             |   |                                            | 258,444 |   |                                            |   | 258,419 |                                           |   |   | 258,444                                        |   |   |                                                             | 257,114  |   |   |   |   |   |

----

Deficit

|                                                               |   |              |    |   |                    |   |    |            |   |   |                     |   |   |   |     |
|--------------------------------------------------------------------|--------|-------------------|---------|--------|-------------------------|--------|---------|-----------------|--------|--------|--------------------------|--------|--------|--------|----------|
|                                                               |   |              |    |   |                    |   |    |            |   |   |                     |   |   |   |     |
|                                                               |   |              |    |   |                    |   |    |            |   |   | Deficit      Accumulated |   |   |   |     |
|                                                               |   | Common      Stock |    |   | Additional      Paid-in |   |    | During      the |   |   |                     |   |
|                                                               |   | Shares            |    |   | Amount                  |   |    | Capital         |   |   | Development      Stage   |   |   | Total  |     |
|                                                               |   | #                 |    |   | $                       |   |    | $               |   |   | $                        |   |   | $      |     |
|                                                               |   |              |    |   |                    |   |    |            |   |   |                     |   |   |   |     |   |   |   |   |   |
| Balance –      June 4, 2001 (Date of Inception)              |   |              | – |   |                    |   | – |            |   |   | –                  |   |   |   | –  |   |   |   | – |   |
|                                                               |   |              |    |   |                    |   |    |            |   |   |                     |   |   |   |     |   |   |   |   |   |
| Issuance of      common stock for cash:                            |   |              |    |   |                    |   |    |            |   |   |                     |   |   |   |     |   |   |   |   |   |
| June 15,      2001                                                 |   |              | 190,476 |   |                    |   | 19      |            |   |   | 781                      |   |   |   | –  |   |   |   | 800 |   |
| June 27,      2001                                                 |   |              | 47,619  |   |                    |   | 5       |            |   |   | 7,249                    |   |   |   | –  |   |   |   | 7,254 |   |
| August 31,      2001                                               |   |              | 167     |   |                    |   | – |            |   |   | 905                      |   |   |   | –  |   |   |   | 905 |   |
|                                                               |   |              |    |   |                    |   |    |            |   |   |                     |   |   |   |     |   |   |   |   |   |
| Net loss for      the period                                       |   |              | – |   |                    |   | – |            |   |   | –                  |   |   |   | (9,351   | ) |   |   | (9,351 | ) |
|                                                               |   |              |    |   |                    |   |    |            |   |   |                     |   |   |   |     |   |   |   |   |   |
| Balance -      February 28, 2002                                   |   |              | 238,262 |   |                    |   | 24      |            |   |   | 8,935                    |   |   |   | (9,351   | ) |   |   | (392 | ) |
|                                                               |   |              |    |   |                    |   |    |            |   |   |                     |   |   |   |     |   |   |   |   |   |
| Net loss for      the year                                         |   |              | – |   |                    |   | – |            |   |   | –                  |   |   |   | (2,773   | ) |   |   | (2,773 | ) |
|                                                               |   |              |    |   |                    |   |    |            |   |   |                     |   |   |   |     |   |   |   |   |   |
| Balance –      February 28, 2003                             |   |              | 238,262 |   |                    |   | 24      |            |   |   | 8,935                    |   |   |   | (12,124  | ) |   |   | (3,165 | ) |
|                                                               |   |              |    |   |                    |   |    |            |   |   |                     |   |   |   |     |   |   |   |   |   |
| Net loss for      the year                                         |   |              | – |   |                    |   | – |            |   |   | –                  |   |   |   | (2,069   | ) |   |   | (2,069 | ) |
|                                                               |   |              |    |   |                    |   |    |            |   |   |                     |   |   |   |     |   |   |   |   |   |
| Balance –      February 29, 2004                             |   |              | 238,262 |   |                    |   | 24      |            |   |   | 8,935                    |   |   |   | (14,193  | ) |   |   | (5,234 | ) |
|                                                               |   |              |    |   |                    |   |    |            |   |   |                     |   |   |   |     |   |   |   |   |   |
| Issuance of      common stock for cash, July 2004                  |   |              | 5,912   |   |                    |   | 1       |            |   |   | 49,662                   |   |   |   | –  |   |   |   | 49,663 |   |
| Issuance of      common stock for professional services, July 2004 |   |              | 345     |   |                    |   | – |            |   |   | 2,900                    |   |   |   | –  |   |   |   | 2,900 |   |
|                                                               |   |              |    |   |                    |   |    |            |   |   |                     |   |   |   |     |   |   |   |   |   |
| Net loss for      the year                                         |   |              | – |   |                    |   | – |            |   |   | –                  |   |   |   | (42,380  | ) |   |   | (42,380 | ) |
|                                                               |   |              |    |   |                    |   |    |            |   |   |                     |   |   |   |     |   |   |   |   |   |
| Balance –      February 28, 2005                             |   |              | 244,519 |   |                    |   | 25      |            |   |   | 61,497                   |   |   |   | (56,573  | ) |   |   | 4,949 |   |
|                                                               |   |              |    |   |                    |   |    |            |   |   |                     |   |   |   |     |   |   |   |   |   |
| Issuance of      common stock for professional services, July 2005 |   |              | 1,985   |   |                    |   | – |            |   |   | 25,004                   |   |   |   | –  |   |   |   | 25,004 |   |
|                                                               |   |              |    |   |                    |   |    |            |   |   |                     |   |   |   |     |   |   |   |   |   |
| Net loss for      the year                                         |   |              | – |   |                    |   | – |            |   |   | –                  |   |   |   | (68,578  | ) |   |   | (68,578 | ) |
|                                                               |   |              |    |   |                    |   |    |            |   |   |                     |   |   |   |     |   |   |   |   |   |
| Balance –      February 28, 2006                             |   |              | 246,504 |   |                    |   | 25      |            |   |   | 86,501                   |   |   |   | (125,151 | ) |   |   | (38,625 | ) |

----

|                                                                       |   |              |    |   |                    |   |    | Deficit      Accumulated |   |   |                   |   |
|----------------------------------------------------------------------------|--------|-------------------|---------|--------|-------------------------|--------|---------|--------------------------|--------|--------|------------------------|--------|
|                                                                       |   | Common      Stock |    |   | Additional      Paid-in |   |    | During      the          |   |   |                   |   |
|                                                                       |   | Shares            |    |   | Amount                  |   |    | Capital                  |   |   | Development      Stage |   |   | Total |   |
|                                                                       |   | #                 |    |   | $                  |   |    | $                   |   |   | $                 |   |   | $ |   |
|                                                                       |   |              |    |   |                    |   |    |                     |   |   |                   |   |   |   |   |   |   |   |   |   |
| Balance –      February 28, 2006                                     |   |              | 246,504 |   |                    |   | 25      |                     |   |   | 86,501                 |   |   |   | (125,151 | ) |   |   | (38,625 | ) |
|                                                                       |   |              |    |   |                    |   |    |                     |   |   |                   |   |   |   |   |   |   |   |   |   |
| Issuance of      common stock for professional services, March 2006        |   |              | 357     |   |                    |   | – |                     |   |   | 5,250                  |   |   |   | – |   |   |   | 5,250 |   |
| Issuance of      common stock for debt settlement, April 2006              |   |              | 72      |   |                    |   | – |                     |   |   | 1,000                  |   |   |   | – |   |   |   | 1,000 |   |
| Issuance of      common stock for management services, June 2006           |   |              | 476     |   |                    |   | – |                     |   |   | 5,000                  |   |   |   | – |   |   |   | 5,000 |   |
| Issuance of      common stock for professional services, July 2006         |   |              | 314     |   |                    |   | – |                     |   |   | 12,012                 |   |   |   | – |   |   |   | 12,012 |   |
| Issuance of      common stock for research and development, July 2006      |   |              | 95      |   |                    |   | – |                     |   |   | 1,880                  |   |   |   | – |   |   |   | 1,880 |   |
| Issuance of      common stock for consulting services, July 2006           |   |              | 191     |   |                    |   | – |                     |   |   | 3,760                  |   |   |   | – |   |   |   | 3,760 |   |
| Issuance of      common stock for consulting services, August 2006         |   |              | 100     |   |                    |   | – |                     |   |   | 1,974                  |   |   |   | – |   |   |   | 1,974 |   |
| Issuance of      common stock for research and development, August 2006    |   |              | 80      |   |                    |   | – |                     |   |   | 1,508                  |   |   |   | – |   |   |   | 1,508 |   |
| Issuance of      common stock for consulting services, August 2006         |   |              | 216     |   |                    |   | – |                     |   |   | 4,855                  |   |   |   | – |   |   |   | 4,855 |   |
| Issuance of      common stock for management services, August 2006         |   |              | 52      |   |                    |   | – |                     |   |   | 1,364                  |   |   |   | – |   |   |   | 1,364 |   |
| Issuance of      common stock for management services, August 2006         |   |              | 600     |   |                    |   | – |                     |   |   | 15,623                 |   |   |   | – |   |   |   | 15,623 |   |
| Issuance of      common stock for management services, August 2006         |   |              | 138     |   |                    |   | – |                     |   |   | 3,702                  |   |   |   | – |   |   |   | 3,702 |   |
| Issuance of      stock for consulting services, September 2006             |   |              | – |   |                    |   | – |                     |   |   | 2,464                  |   |   |   | – |   |   |   | 2,464 |   |
| Issuance of      stock options for management services, September 2006     |   |              | – |   |                    |   | – |                     |   |   | 48,300                 |   |   |   | – |   |   |   | 48,300 |   |
| Issuance of      common stock for web development services, September 2006 |   |              | 476     |   |                    |   | – |                     |   |   | 12,000                 |   |   |   | – |   |   |   | 12,000 |   |
| Issuance of      common stock for capital equipment, September 2006        |   |              | 538     |   |                    |   | – |                     |   |   | 13,560                 |   |   |   | – |   |   |   | 13,560 |   |
| Issuance of      common stock for research and development, September 2006 |   |              | 124     |   |                    |   | – |                     |   |   | 2,392                  |   |   |   | – |   |   |   | 2,392 |   |
| Issuance of      common stock for promotional services, September 2006     |   |              | 714     |   |                    |   | – |                     |   |   | 6,300                  |   |   |   | – |   |   |   | 6,300 |   |
| Issuance of      stock options for consulting services, October 2006       |   |              | – |   |                    |   | – |                     |   |   | 3,843                  |   |   |   | – |   |   |   | 3,843 |   |
| Issuance of      stock options for directors’ fees, November 2006    |   |              | – |   |                    |   | – |                     |   |   | 38,200                 |   |   |   | – |   |   |   | 38,200 |   |
| Issuance of      common stock for promotional services, November 2006      |   |              | 1,905   |   |                    |   | – |                     |   |   | 21,600                 |   |   |   | – |   |   |   | 21,600 |   |
| Issuance of      common stock for research and development, December 2006  |   |              | 354     |   |                    |   | – |                     |   |   | 5,948                  |   |   |   | – |   |   |   | 5,948 |   |
| Net loss for      the year                                                 |   |              | – |   |                    |   | – |                     |   |   | –                |   |   |   | (415,178 | ) |   |   | (415,178 | ) |
|                                                                       |   |              |    |   |                    |   |    |                     |   |   |                   |   |   |   |   |   |   |   |   |   |
| Balance –      February 28, 2007                                     |   |              | 253,306 |   |                    |   | 25      |                     |   |   | 299,036                |   |   |   | (540,329 | ) |   |   | (241,268 | ) |

----

|                                                                    |   |              |    |   |                    |   |    |            |   |   | Deficit      Accumulated |   |   |    |     |
|-------------------------------------------------------------------------|--------|-------------------|---------|--------|-------------------------|--------|---------|-----------------|--------|--------|--------------------------|--------|--------|---------|----------|
|                                                                    |   | Common      Stock |    |   | Additional      Paid-in |   |    | During      the |   |   |                     |   |
|                                                                    |   | Shares            |    |   | Amount                  |   |    | Capital         |   |   | Development      Stage   |   |   | Total   |     |
|                                                                    |   | #                 |    |   | $                  |   |    | $          |   |   | $                        |   |   | $  |     |
|                                                                    |   |              |    |   |                    |   |    |            |   |   |                     |   |   |    |     |   |   |   |   |   |
| Balance –      February 28, 2007                                  |   |              | 253,306 |   |                    |   | 25      |            |   |   | 299,036                  |   |   |    | (540,329 | ) |   |   | (241,268 | ) |
|                                                                    |   |              |    |   |                    |   |    |            |   |   |                     |   |   |    |     |   |   |   |   |   |
| Issuance of      stock options for management services, March 2007      |   |              | – |   |                    |   | – |            |   |   | 10,622                   |   |   |    | –  |   |   |   | 10,622 |   |
| Issuance of      common stock for management services, April 2007       |   |              | 3,571   |   |                    |   | 1       |            |   |   | 22,499                   |   |   |    | –  |   |   |   | 22,500 |   |
| Issuance of      stock options for directors’ fees, May 2007      |   |              | – |   |                    |   | – |            |   |   | 6,297                    |   |   |    | –  |   |   |   | 6,297 |   |
| Issuance of      common stock for consulting services, June 2007        |   |              | 763     |   |                    |   | – |            |   |   | 7,368                    |   |   |    | –  |   |   |   | 7,368 |   |
| Issuance of      common stock for directors’ fees, July 2007      |   |              | 350     |   |                    |   | – |            |   |   | 5,000                    |   |   |    | –  |   |   |   | 5,000 |   |
| Issuance of      common stock for directors’ fees, September 2007 |   |              | 454     |   |                    |   | – |            |   |   | 2,000                    |   |   |    | –  |   |   |   | 2,000 |   |
| Net loss for      the year                                              |   |              | – |   |                    |   | – |            |   |   | –                  |   |   |    | (231,796 | ) |   |   | (231,796 | ) |
|                                                                    |   |              |    |   |                    |   |    |            |   |   |                     |   |   |    |     |   |   |   |   |   |
| Balance –      February 29, 2008                                  |   |              | 258,444 |   |                    |   | 26      |            |   |   | 352,822                  |   |   |    | (772,125 | ) |   |   | (419,277 | ) |
|                                                                    |   |              |    |   |                    |   |    |            |   |   |                     |   |   |    |     |   |   |   |   |   |
| Net loss for      the period                                            |   |              | – |   |                    |   | – |            |   |   | –                  |   |   |    | (156,150 | ) |   |   | (156,150 | ) |
|                                                                    |   |              |    |   |                    |   |    |            |   |   |                     |   |   |    |     |   |   |   |   |   |
| Balance      – November 30, 2008 (Unaudited)                      |   |              | 258,444 |   |                    |   | 26      |            |   |   | 352,822                  |   |   |    | (928,275 | ) |   |   | (575,427 | ) |

----

Statements 

|                                                                               |   | For      the Nine      Month Period      Ended |     |   | For      the Nine      Month Period      Ended |   |     | Accumulated      From June      4, 2001 (Date      of Inception) |   |
|------------------------------------------------------------------------------------|--------|------------------------------------------------|----------|--------|------------------------------------------------|--------|----------|------------------------------------------------------------------|--------|
|                                                                               |   | November      30, 2008                         |     |   | November      30, 2007                         |   |     | to      November 30, 2008                                        |   |
|                                                                               |   | $                                              |     |   | $                                         |   |     | $                                                           |   |
|                                                                               |   |                                           |     |   |                                           |   |     |                                                             |   |   |   |   |
| Operating      Activities                                                          |   |                                           |     |   |                                           |   |     |                                                             |   |   |   |   |
|                                                                               |   |                                           |     |   |                                           |   |     |                                                             |   |   |   |   |
| Net loss for      the period                                                       |   |                                           | (156,150 | )      |                                           |   | (269,718 | )                                                                |   |   | (928,275 | ) |
|                                                                               |   |                                           |     |   |                                           |   |     |                                                             |   |   |   |   |
| Adjustments      to reconcile net loss to net cash used in operating    activities |   |                                           |     |   |                                           |   |     |                                                             |   |   |   |   |
| Depreciation      and amortization                                                 |   |                                           | 37,169   |   |                                           |   | 27,676   |                                                             |   |   | 117,362 |   |
| Write-off of      outstanding debt                                                 |   |                                           | –  |   |                                           |   | –  |                                                             |   |   | (88,718 | ) |
| Shares issued      for services                                                    |   |                                           | –  |   |                                           |   | 36,868   |                                                             |   |   | 164,941 |   |
| Stock options      issued in exchange for services                                 |   |                                           | –  |   |                                           |   | 25,670   |                                                             |   |   | 109,726 |   |
| Write-off of      investment                                                       |   |                                           | 10,000   |   |                                           |   | –  |                                                             |   |   | 10,000 |   |
|                                                                               |   |                                           |     |   |                                           |   |     |                                                             |   |   |   |   |
| Change in      operating assets and liabilities                                    |   |                                           |     |   |                                           |   |     |                                                             |   |   |   |   |
| Prepaid      expenses and other assets                                             |   |                                           | 1,374    |   |                                           |   | (9,651   | )                                                                |   |   | (10,004 | ) |
| Accounts      payable and accrued expenses                                         |   |                                           | (7,749   | )      |                                           |   | 7,127    |                                                             |   |   | 125,210 |   |
| Accrued      interest due to related parties                                       |   |                                           | –  |   |                                           |   | 24,923   |                                                             |   |   | 61,032 |   |
|                                                                               |   |                                           |     |   |                                           |   |     |                                                             |   |   |   |   |
| Net Cash Used      In Operating Activities                                         |   |                                           | (115,356 | )      |                                           |   | (157,105 | )                                                                |   |   | (438,726 | ) |
|                                                                               |   |                                           |     |   |                                           |   |     |                                                             |   |   |   |   |
| Investing      Activities                                                          |   |                                           |     |   |                                           |   |     |                                                             |   |   |   |   |
| Purchase of      music rights                                                      |   |                                           | –  |   |                                           |   | –  |                                                             |   |   | (291 | ) |
| Purchase of      office equipment                                                  |   |                                           | –  |   |                                           |   | –  |                                                             |   |   | (14,818 | ) |
| Web site      development costs                                                    |   |                                           | (1,077   | )      |                                           |   | (1,800   | )                                                                |   |   | (96,887 | ) |
| Investment                                                                         |   |                                           | –  |   |                                           |   | –  |                                                             |   |   | (10,000 | ) |
|                                                                               |   |                                           |     |   |                                           |   |     |                                                             |   |   |   |   |
| Net Cash      Flows Used In Investing Activities                                   |   |                                           | (1,077   | )      |                                           |   | (1,800   | )                                                                |   |   | (121,996 | ) |
|                                                                               |   |                                           |     |   |                                           |   |     |                                                             |   |   |   |   |
| Financing      Activities                                                          |   |                                           |     |   |                                           |   |     |                                                             |   |   |   |   |
| Advances from      related parties                                                 |   |                                           | 115,361  |   |                                           |   | 168,372  |                                                             |   |   | 497,822 |   |
| Proceeds from      issuance of common stock                                        |   |                                           | –  |   |                                           |   | –  |                                                             |   |   | 63,622 |   |
|                                                                               |   |                                           |     |   |                                           |   |     |                                                             |   |   |   |   |
| Net Cash      Flows Provided By Financing Activities                               |   |                                           | 115,361  |   |                                           |   | 168,372  |                                                             |   |   | 561,444 |   |
|                                                                               |   |                                           |     |   |                                           |   |     |                                                             |   |   |   |   |
| Foreign      Exchange Effect on Cash                                               |   |                                           | –  |   |                                           |   | 1,679    |                                                             |   |   | – |   |
|                                                                               |   |                                           |     |   |                                           |   |     |                                                             |   |   |   |   |
|  (Decrease)      Increase in Cash                                             |   |                                           | (1,072   | )      |                                           |   | 11,146   |                                                             |   |   | 722 |   |
|                                                                               |   |                                           |     |   |                                           |   |     |                                                             |   |   |   |   |
| Cash -      Beginning of Period                                                    |   |                                           | 1,794    |   |                                           |   | 6,974    |                                                             |   |   | – |   |
|                                                                               |   |                                           |     |   |                                           |   |     |                                                             |   |   |   |   |
| Cash - End of      Period                                                          |   |                                           | 722      |   |                                           |   | 18,120   |                                                             |   |   | 722 |   |
|                                                                               |   |                                           |     |   |                                           |   |     |                                                             |   |   |   |   |
| Non-cash      Investing and Financing Activities                                   |   |                                           |     |   |                                           |   |     |                                                             |   |   |   |   |
| Common stock      issued for property and equipment                                |   |                                           | –  |   |                                           |   | –  |                                                             |   |   | 13,560 |   |
| Common stock      issued for debt settlement                                       |   |                                           | –  |   |                                           |   | –  |                                                             |   |   | 1,000 |   |
|                                                                               |   |                                           |     |   |                                           |   |     |                                                             |   |   |   |   |
| Supplemental      Disclosures                                                      |   |                                           |     |   |                                           |   |     |                                                             |   |   |   |   |
| Interest      paid                                                                 |   |                                           | –  |   |                                           |   | –  |                                                             |   |   | 1,082 |   |
| Income taxes      paid                                                             |   |                                           | –  |   |                                           |   | –  |                                                             |   |   | – |   |

----

| 1. | Nature      of Operations and Continuance of  Business |
|----|--------------------------------------------------------|

----

----

----

|                            |   |   |    |   | Accumulated           |   |    | November      30, 2008 |   |   | February      29, 2008 |   |
|---------------------------------|--------|--------|---------|--------|-----------------------|--------|---------|------------------------|--------|--------|------------------------|--------|
|                            |   |   |    |   | Depreciation      and |   |    | Net      Carrying      |   |   | Net      Carrying      |   |
|                            |   | Cost   |    |   | Amortization          |   |    | Value                  |   |   | Value                  |   |
|                            |   | $      |    |   | $                |   |    | $                 |   |   | $                      |   |
|                            |   |   |    |   |                  |   |    |                   |   |   |                   |   |   |   |   |   |
| Equipment                       |   |   | 16,746  |   |                  |   | 9,160   |                   |   |   | 7,586                  |   |   |   | 10,110 |   |
| Web Site      Development Costs |   |   | 108,626 |   |                  |   | 108,361 |                   |   |   | 265                    |   |   |   | 33,833 |   |
|                            |   |   | 125,372 |   |                  |   | 117,521 |                   |   |   | 7,851                  |   |   |   | 43,943 |   |

|   | a) | During the      period ended November 30, 2008, a former director of the Company received      $25,000 (2007 - $47,700) in management fees pursuant to a management      agreement. As at November 30, 2008, $Nil (February 29, 2008 - $2,250) is      owed to him. |
|--------|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | b) | The Company      has notes payable of $558,854 (February 29, 2008 - $441,243) to a related      party that was bearing interest at 10%. Interest was charged and was      payable quarterly on any outstanding balance beginning on September 1,      2004 to February 29, 2008, (prior to that date the borrowings from the      related parties were non-interest bearing). Starting March 1, 2008, the      notes are non-interest bearing, unsecured and are payable on      demand. |
|--------|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                |   | Shares      # |    |   | Weighted      Average Exercise      Price $ |   |    | Weighted      Average Remaining      Contractual      Life      (years)# |   |   | Aggregate      Intrinsic      Value      $ |   |
|-------------------------------------|--------|---------------|---------|--------|--------------------------------------------------|--------|---------|--------------------------------------------------------------------------|--------|--------|--------------------------------------------|--------|
|                                |   |          |    |   |                                             |   |    |                                                                     |   |   |                                       |   |
| Outstanding,      February 29, 2008 |   |          | 7,738   |   |                                             |   | 66.15   |                                                                     |   |   | 0.73                                       |   |   |   | – |   |
|                                |   |          |    |   |                                             |   |    |                                                                     |   |   |                                       |   |   |   |   |   |
| Granted                             |   |          | – |   |                                             |   | – |                                                                     |   |   | –                                    |   |   |   | – |   |
| Exercised                           |   |          | – |   |                                             |   | – |                                                                     |   |   | –                                    |   |   |   | – |   |
| Expired                             |   |          | (5,357  | )      |                                             |   | 48.89   |                                                                     |   |   | –                                    |   |   |   | – |   |
|                                |   |          |    |   |                                             |   |    |                                                                     |   |   |                                       |   |   |   |   |   |
| Outstanding,      November 30, 2008 |   |          | 2,381   |   |                                             |   | 105.00  |                                                                     |   |   | 0.34                                       |   |   |   | – |   |
|                                |   |          |    |   |                                             |   |    |                                                                     |   |   |                                       |   |   |   |   |   |
| Exercisable,      November 30, 2008 |   |          | 2,381   |   |                                             |   | 105.00  |                                                                     |   |   | 0.34                                       |   |   |   | – |   |

|   | a) | On January 3,      2008, the Company through its wholly owned subsidiary Charity Tunes Inc.,      entered into an Agency and Promotion agreement (the “Agreement”) with      World Wildlife Fund Canada (“WWF-Canada”) to raise money and awareness of      WWF-Canada’s cause through the participation in promotional programs with      Charity Tunes. The term of the agreement is one year, extended from year      to year with a termination notice of 30 days prior to the end of a term by      either party. |
|--------|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | b) | On August 31,      2004, the Company entered into an agreement with its former director and      chief financial officer, Penny Green, and Bacchus Entertainment Ltd., a      company 100% owned by Penny Green, whereby the net amount of monies      borrowed by the Company from Penny Green or Bacchus Entertainment would      all convert to a loan payable by the Company to Bacchus Entertainment and      that Bacchus Entertainment would make further loans to the Company from      time to time with interest accruing at the annual rate of 10% up to an      aggregate of $70,000. On November 30, 2004, pursuant an addendum, the      parties agreed that interest on the loan monies would accrue quarterly and      would be due within 45 days of the end of each quarter. On January 1,      2007, the loan agreement was again amended so that additional amounts      loaned to the Company by Penny Green or Bacchus Entertainment would be      subject to the loan agreement and so monthly payments will not be required      until September 1, 2007. On June 30, 2007, this agreement was further      amended to extend the payment period to January 1, 2008. On January 1,      2008, this agreement was further amended to waive the January 1, 2008      payment deadline and to make payment due on demand. On May 30, 2008, the      amounts due to related parties were consolidated into one and are now due      to Penny Green. Starting March 1, 2008, these amounts are non-interest      bearing, unsecured and due ondemand. |
|--------|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | c) | On October      10, 2007, the Company entered into an amendment agreement with Puretracks      Inc. (“Puretracks”), whereby the Company agreed to pay to Puretracks,      effective as of August 29, 2007, CDN$0.09 per track and CDN$1.08 per album      downloaded from the Company’s Charity Tunes website in Canada and $0.08      per track and $0.96 per album downloaded from the Company’s Charity Tunes      website in the United States. |
|--------|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

Condition 

----

----

| Planned      Expenses                                                                                            | Amount    |
|-----------------------------------------------------------------------------------------------------------------------|----------------|
| Legal and      Accounting                                                                                        | $30,000   |
| Accounts      Payable                                                                                            | $35,492   |
| Note Payable      to Related Parties                                                                                  | $558,854       |
| General      Administration and working capital (includes office supplies and      expenses, travel)   | $20,000   |
| Total                                                                                                            | $644,346  |

----

----

Qualitative 

----

OTHER 

| ExhibitNumber  | ExhibitDiscription                                                                                                                                                                                       |
|---------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.1                | Wholesale      Digital Download and Master Tone Agreement with CD Baby dated September      21, 2006, incorporated by reference as exhibit 10.1 of our Report on Form      8-K filed September 28, 2006. |
| 31.1                | Certification of Chief Executive Officer and Chief      Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of      2002                                                                 |
| 32.1                | Certification of Chief Executive Officer and Chief      Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant      to Section 906 of the Sarbanes-Oxley Act of  2002                 |

----

| SIGNATURES |
|------------|

|                             | SOUND REVOLUTION      INC.                                                                                         |
|----------------------------------|-------------------------------------------------------------------------------------------------------------------------|
|                             | (Registrant)                                                                                                       |
|                             |
| Date:      January 14, 2009 | By: /s/      Catherine LeBlanc                                                                                          |
|                             | Catherine      LeBlanc, Chief      Executive Officer, Chief      Financial Officer, President, Treasurer and  Secretary |