U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C.  20549
                                   FORM 10K-SB
                                   (Mark one)

[X]  Annual  report  under section 13 or 15(d) of the Securities Exchange Act of
1934  for  the  fiscal  year  ended  December  31,  2004
OR
[ ]  Transition report under section 13 or 15(d) of the Securities Exchange Act
of  1934  for  the  transition  period  from  __________  to  __________.

                         Commission file number: 0-33519
                                                 -------
                              SNOCONE SYSTEMS, INC.
                 (Name of small business issuer in its charter)

             Nevada                                      #98-0360989
            ---------                                   -------------
(State  or  other  jurisdiction  of                   (I.R.S.  Employer
 incorporation  or  organization)                    Identification  No.)

 Suite  440  -  1555  East  Flamingo  Road
 Las  Vegas,  Nevada,  89119                           (604)  601-2181
    ---------------------------                         ---------------
(Address of principal executive offices)         (Registrant's  phone  number)

Securities  registered  under  Section  12(b)  of  the  Act:  None
                                                              ----

Securities  registered  under  Section 12(g) of the Act:
Common Stock, par value $0.001  per  share
------------------------------------------
          (Title  of  class)

Check  whether  the Issuer (1) filed all reports required to be filed by Section
13  or  15(d)  of  the Securities 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.
(1)  Yes [X]  No  [ ]  (2)  Yes  [X]  No  [ ]

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

Registrant's  revenues  for  its  most  recent  fiscal  year:     $  nil
                                                              ----------

As  of  April  15,  2005, the aggregate market value of the voting common equity
held  by  non-affiliates of the registrant was approximately $5,060,966 based on
the  closing trade reported on the NASD Over-the-Counter Bulletin Board National
Quotation  System.  Shares of common stock held by each officer and director and
by  each  person  who  owns five percent or more of the outstanding common stock
have been excluded from this calculation as such persons may be considered to be
affiliated  with  the  company.

On  April 15, 2005 the registrant had 11,729,952 post reverse stock split shares
of  common  stock,  $0.001  par  value  per  share,  issued  and  outstanding.

Outstanding  shares  of  preferred  stock  as  of  December  31,  2004:  Nil

Indicate  whether  the  registrant  is  an accelerated filer based on the market
value  of  its public float held by non-affiliates at the end of the most recent
second  fiscal  quarter:  [ ]  Yes  [X]  No

Documents  incorporated  by  reference:  None

Transitional  Small  Business  Disclosure  Format:  Yes  [ ]   No  [X]

<PAGE>

SNOCONE  SYSTEMS,  INC.
INDEX  to  Transitional Annual Report on Form 10-KSB for the Year Ended December
31,  2004

Part  I                                                                Page
-------                                                                ----

Item  1      Description  of Business                                     3
Item  2      Description  of Property                                     8
Item  3      Legal  Proceedings                                           8
Item  4      Submission  of  Matters  to  a  Vote  of  Security  Holders  8

Part  II
--------

Item  5      Market for Common Equity and Related Stockholder Matters     8
Item  6      Management's Discussion and Analysis of Financial Condition or
             Plan  of  Operation                                         12
Item  7      Financial Statements                                        15
Item  8      Changes In and Disagreements With Accountants on Accounting
             and Financial  Disclosure                                   32

Part  III
---------

Item  9      Directors, Executive Officers, Promoters and Control Persons;
             Compliance With  Section  16(a)  of  the Exchange Act       33
Item  10     Executive  Compensation                                     34
Item  11     Security  Ownership  of  Certain  Beneficial  Owners  and
             Management                                                  34
Item  12     Certain  Relationships  and  Related  Transactions          35
Item  13     Exhibits  and Reports on Form 8-K                           36
Item  14     Controls                                                    36
Signatures                                                               36

Certifications                                                           37

<PAGE>
PART  I

ITEM  1.  DESCRIPTION  OF  BUSINESS

CORPORATE  BACKGROUND

Snocone  Systems  Inc.  ("Snocone"  or the "Company") was incorporated under the
laws  of  the  State of Nevada on October 12, 2000, under the name Cogen Systems
Inc.,  and  is in its early developmental stage. The Company changed its name to
Snocone  Systems  Inc.  on December 6, 2001. From inception through December 31,
2004,  the  company's activities have been organization, directed at raising its
initial  capital  and  developing  its  business  plan.

On  August  16, 2004 the Company completed a six for one forward stock split. On
March  14,  2005,  the Company completed a one for five reverse stock split. All
share  and  per  share  amounts  included  in  this document have taken both the
forward  split  and  reverse  split  into  account  unless  otherwise  noted.

On  October  12, 2000, Snocone acquired the ownership rights to certain software
and  intellectual  property.  Under the terms of the Agreement and Assignment of
Intellectual  Property  Rights,  the  Company  issued  three million six hundred
thousand  shares  (3,600,000)  for  a  value of three thousand ($3,000) dollars.

Snocone's  business  plan  was  to  produce  and  sell its software, and related
products  and  services,  to specific target markets. The software, intended for
computer  analysis of genomic and proteomic databases, was expected to be useful
to  genetic  researchers,  research  institutes, biotech firms, universities and
other  similar  types  of  customers.

The  Company  signed  an  agreement  with  RBM  Financial,  Inc.  and  TwentyTen
Investments  Corp.  in September of 2003, contracting out the job of identifying
the  financial  viability  of  this software in terms of generating revenue, and
also  to explore alternative technologies that would bring revenue into Snocone.
Through  this  agreement, the Company began developing other software, reviewing
additional  technology  available  for  purchase  and exploring the potential of
providing  genomic  data for flora and fauna research. The Company paid $100,000
as  of  December  31,  2004.

On  May  17,  2004  Snocone  finalized  a Content Distribution and Revenue Share
Agreement  with TwentyTen Investments Corp. for which TwentyTen received 400,000
shares  of  restricted  common stock.  Under the agreement, the Company received
$40,000 from TwentyTen to cover basic operating costs of the SMS OfficePools.com
application  during  the  year.

SMS  Office  Pools is a complete real-time sports and entertainment wireless web
service  located  at  http://www.smsofficepools.com.  The customer base includes
individual  fans, "poolies", corporate entities, telecommunication companies and
sponsors.

Wireless  web  services  allow  people to access the Internet, receive messages,
view  color  pictures,  download  ringtones,  shop  and play games on their cell
phones.  In  exchange  for  a  flat  monthly  fee,  users  can  access  the

<PAGE>

SMSOfficePools.com  service  which  includes professional hockey, football, auto
racing, real-time SMS scoring alerts, and mobile access to pool standings.  This
service  differentiates itself from other fantasy pool services by analyzing and
sorting  data in real time thus making it that much more exciting for players to
see their stats updating as points are being scored.  Due to the National Hockey
League  ("NHL")  Lockout,  SMS Office Pools was not able to generate the revenue
the  company  anticipated  beginning  in  October.

On  April  21,  2005,  the  parties  mutually  agreed to terminate the contract.
TwentyTen  Investments  Corp.  has  agreed to return to the Company  the 400,000
common  shares  issued.  In consideration of the termination of the contract and
work  performed  to  date  by  TwentyTen  Investments, the Company will issue to
TwentyTen  Investments 40,000 common shares (which represents 10% of the 400,000
shares  issued).

On  October  13,  2004  the  Company  signed  a  licensing  agreement  with
FitBeautiesMag.com  to  use  Snocone's  Mobile  Video  Streaming  Service  for
FitBeautiesMag's  web  service.  The  Company obtained a non-exclusive licensing
agreement  for  a  period  of  one  year.  Snocone  would provide all the system
integrations required to enable FitBeautiesMag's expansion into the mobile video
streaming  and  monitoring  marketplace.  In  exchange for providing this system
integrations  work,  Snocone  would  have a 50% share of the Net Revenue for the
application.  Net  revenue  is  defined  as revenue after carrier splits, taxes,
third-party  services  such  as  billing,  or  any  other  expenses required for
operation  of  the  service  that  must  be  spent  prior  to  being received by
FitBeautiesMag.com  and  Snocone.  Revenue opportunities would come from monthly
subscriptions  to  use  the  service, bandwidth usage, and flat fees for service
access.  Sponsorship  revenue for this application would be paid out as follows:
75% FitBeautiesMag.com and 25% Snocone.  Snocone incurred no costs and earned no
revenue  in  connection  with  this  arrangement.

On  October  29, 2004, the Company entered into an Asset Purchase Agreement with
Riskebiz  Internet  Services  Inc. ("Riskebiz") for the purpose of acquiring the
exclusive,  perpetual,  worldwide  right to publish, market, advertise, promote,
distribute, manufacture, sublicense, vend and otherwise use the Assets, known as
RISKeye  Mobile  Viewing  and  Surveillance  Technology  ("RISKeye"),  owned  by
Riskebiz. The Company issued two hundred thousand (200,000) shares of restricted
common  stock  for  the  acquisition.

The  RISKeye  mobile  technology  would  allow  users  to monitor closed-circuit
television  (CCTV),  webcams  and  remote  surveillance  cameras from their cell
phones  through  Openwave's  (Nasdaq:  OPWV)  widely  used  WAP  2.0  (Wireless
Application  Protocol)  browser, enabling the application to function on a broad
number  of  handsets  worldwide  without  the  need  for  client  side  software
downloads.  This  agreement  would  give Snocone exclusive, perpetual, worldwide
rights  to  publish,  market,  advertise  and  promote  the  RISKeye  Mobile
Applications.

During  this  period  Mr. Kevin Day, who is the Company's acting Chief Financial
Officer  and  a  director,  and  was the Company's president until September 24,
2004, was appointed Snocone's Chief Technology Advisor, enabling Snocone to take
advantage of Mr. Day's expertise in various aspects such as marketing, corporate
sales  and  contracts  as  well  as  overseeing  application development for the
company's  mobile solutions. Mr. Day is also the President and majority owner of
Riskebiz  Internet  Services  Inc.

<PAGE>

On  April  21,  2005,  the  parties  mutually  agreed to terminate the 'RISKeye'
contract effective immediately. Riskebiz has agreed to return to the Company the
200,000  common  shares  issued  for the 'RISKeye' mobile viewing technology. In
consideration  of  the termination of the contract and work performed to date by
Riskebiz Internet Services, the Company will issue to Riskebiz Internet Services
20,000  common  shares  (which  represents  10%  of  the 200,000 shares issued).

On  November  29,  2004  the  Company  finalized  a  license and revenue sharing
agreement  with SMART-TEK Communications Inc. for Smark-Tek to work with Snocone
in  developing  a  joint-venture  to  market and sell Snocone's 'RISKeye' mobile
surveillance  viewing  technology  to  its existing and potential client base in
exchange  for  a  percentage of the revenues derived from the implementation and
usage  of  Snocone's  technology.

On  April  1,  2005,  Snocone Systems Inc. entered into an Agreement and Plan of
Merger  with  Who's  Your Daddy, Inc. ("WYD"), a California corporation, whereby
Who's  Your Daddy will become a wholly-owned subsidiary of Snocone.  Snocone has
undertaken  to  change its name to Who's Your Daddy, Inc., or such other name as
agreed  by  Snocone  and  WYD,  as  per  the  terms  of  the  merger  agreement.

The  Who's  Your Daddy shareholders received four million, five hundred thousand
(4,500,000)  shares  of  Snocone  stock  as  a condition of the merger with five
hundred  thousand  (500,000)  shares  delivered  at  closing,  and  four million
(4,000,000)  shares  delivered into an attorney trust account, with a designated
escrow  agent,  with  further  instructions  for  the shares to be released on a
dollar  for  dollar  earn  out  basis, based on a monthly payout, with an agreed
stock  price  of  $1.00  per  share.  Of the four million, five hundred thousand
(4,500,000)  shares  of  Snocone  stock  required  for closing, one million five
hundred thousand (1,500,000) shares were issued from treasury, and the remaining
three  million  (3,000,000) shares were transferred from existing shares already
issued.  At  such time as Who's Your Daddy has generated $4 million in revenues,
the  4,000,000  shares  will  have  been  fully  delivered  to  Who's Your Daddy
shareholders pursuant to this agreement, and shall be deemed to be fully earned.

Who's  Your Daddy designs and licenses a variety of products centered around its
trademark  protected  brand,  "Who's Your Daddy", which appeals to young men and
sports  fans  who  strive  for  "style  with  authority".  Who's Your Daddy, the
company,  holds  multiple  trademark  rights to "Who's Your Daddy" in the United
States  and  Europe  and  is  in  the  process  of obtaining trademark rights in
Australia,  Canada  and  Japan.

Who's Your Daddy products are available at several major retailers. The business
strategy  behind  Who's  Your  Daddy focuses on maintaining the edge, energy and
humor  behind  the  Who's  Your  Daddy  brand  while  continuing  to build brand
awareness  and recognition. The Who's Your Daddy brand is uniquely positioned in
mass-market  retail  outlets,  offering cutting edge designs with a high quality
product at mass market prices. The Who's Your Daddy target market includes young
adult  males, sports fans and gift buyers for these groups. As part of the Who's
Your  Daddy  strategy,  Who's  Your Daddy has developed products and events that
appeal  to  these  groups  and continues to assess opportunities to expand their
products  and  markets. While working on introducing a current product line into
wider  retail  distribution,  Who's  Your Daddy is expanding the current product
line  at  existing  retail locations to include women, junior and toddler lines.

<PAGE>

The Company believes that these products will not only generate revenues through
licensing  fees,  but will also increase the intellectual value of the brand and
diversify  the  Who's  Your  Daddy product line, which currently consists of the
right  to use its trademark in over 300 product lines ranging from energy drinks
to  children's books. Who's Your Daddy has hired a licensing manager to seek new
licensees  domestically  and  internationally  for  all  product  divisions.

Funding  Its  Business  Plan
----------------------------

To  date  the  Company has funded its plans primarily through the issue of stock
via private placements, the issue of stock in exchange for technology rights and
services,  and  the  issue  of  stock to settle obligations under various loans.

In 2003, the Company raised $147,700 by way of private placement, and $11,014 in
loans.  In  2004,  Snocone  raised $161,516 via loans and received $40,000 under
TwentyTen's  contract  with  the  Company.

The  Company  has completed a Merger Agreement with Who's Your Daddy. As per the
terms  of the merger agreement, the Company is currently negotiating a financing
of  up  to  $2,000,000  for  funding  the  Who's  Your  Daddy  business  plan.

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

SMS  OFFICE  POOLS
------------------
Challenges  come  from  other programming companies in North America and Europe,
including  the  following  companies:  OfficePools.com,  PoolExpert.com,  CBS
SportsLine,  ESPN.  Most  competitors offer solutions for HTML services alone or
one  specific  component of wireless services such as text messaging, but do not
look at wireless as being one component of a larger web services solution.  With
a  complete technology inventory that includes all facets of wireless as well as
conventional  web  site  work,  database  programming  and  in house design, the
Company  believes  there  is  potential  for  SMS  Office  Pools  to surpass its
competitors  in  this  niche  market.

Subsequent  to  the  Content  Distribution  and  Revenue  Share  Agreement  with
TwentyTen  Investments  Corp., on April 21, 2005, the parties mutually agreed to
terminate  the  contract  effective  immediately.

RISKEYE
-------
Competition  comes  from  a number of emerging companies including Cast Sentinal
and  Mobile  Monitor.  The RISKeye strategy has been to develop a unique service
that  would focus on the zoom and resolution capabilities of a mobile monitoring
service  rather  than  compete  with  the  many companies in the video streaming
market.

Subsequent  to the Agreement with Riskebiz Internet Services, on April 21, 2005,
the  parties  mutually  agreed  to  terminate  the  'RISKeye' contract effective
immediately.

WHO'S  YOUR  DADDY,  INC.
-------------------------
Royalties  paid  to  Who's  Your  Daddy under licensing agreements are generally
based  on  a  percentage of the licensee's net sales of licensed products. Who's

<PAGE>

Your  Daddy  brand  products  are  subject  to extensive competition by numerous
domestic  and  foreign  companies  with  respect  to energy drinks, clothing and
accessories.  Such  competitors with respect to energy drinks include the makers
of  Red  Bull,  Rock  Star and Monster drinks.  Such competitors with respect to
licensing of the Who's Your Daddy brand include Cherokee, Inc., No Fear and ODM,
which  license  their many brands for products competitive with Who's Your Daddy
products.  Factors  which  shape  the competitive environment include quality of
construction  and  design of the product, brand name, style and color selection,
price  and  the  manufacturer's  ability to respond quickly to the retailer on a
national  basis.  Therefore,  Who's  Your  Daddy's  success  is dependent on its
ability  and  the  ability  of  its  licensees  to  design, manufacture and sell
products  bearing  its  brand  and to respond to ever-changing consumer demands.

As  discussed more fully in the Management's Discussion and Analysis - Liquidity
and  Capital  Resources  section,  the  expenses  of  implementing the Company's
business  plan  will  exceed  the  Company's  current  resources.  The  Company,
therefore,  will  have  to  obtain additional funding through an offering of its
securities  or  through  capital  contributions from its stockholders.  There is
competition for the various sources of venture capital financing, and therefore,
there  can  be no assurance that any additional funds will be available on terms
acceptable  to  the  Company  or  at  all.

Intellectual  Property
----------------------

The  Company recognizes the need to file patents, trademarks, and trade names on
the  unique  features  of  technology.  The  Company  currently  holds  no  such
registrations  of  its intellectual property.  Regarding the Company's contracts
with  TwentyTen  and  RISKeye,  the  Company  believes  intellectual  property
protection  could  be  applied  for  and  should  be applied for once funding is
available.

Who's  Your Daddy designs and licenses a variety of products centered around its
trademark  protected  brand,  "Who's Your Daddy", which appeals to young men and
sports  fans  who  strive  for  "style  with  authority".  Who's Your Daddy, the
company,  holds  multiple  trademark  rights to "Who's Your Daddy" in the United
States  and  Europe  and  is  in  the  process  of obtaining trademark rights in
Australia,  Canada  and  Japan.

Government  Regulation
----------------------

There  are  no  government  regulations that apply specifically to the Company's
business.

Employees
---------

Snocone  has  no  employees.  In  the  past,  the  Company  has  relied upon its
officers,  directors,  and part-time outside consultants to further its affairs.

As  of  April  11,  2005,  Who's  Your Daddy employed ten persons. None of these
employees are represented by labor unions and Who's Your Daddy believes that its
employee  relations are satisfactory. The corporate offices of Who's Your Daddy,
Inc.  are  located  in  San  Diego.

<PAGE>

ITEM  2.  DESCRIPTION  OF  PROPERTY
-----------------------------------

The  Company  does  not  own  any  real  property. The Company currently has two
registered  addresses,  and  shares  office facilities under shared arrangements
with  a  third  parties.  The  Company's  USA  address  is  located at 1555 East
Flamingo  Road,  #440,  in Las Vegas, Nevada, and serves as the official address
for  the Company in the U.S. Additionally, the Company had one working office in
British  Columbia,  Canada.  Programming  services were facilitated at 1066 West
Hastings  Street, Vancouver, BC. The Company has subsequently completed a merger
agreement  with  Who's  Your Daddy, Inc. whose corporate offices are located at:
3131  Camino  del  Rio,  N,  Suite  1650,  San  Diego,  CA  92108.


ITEM  3.  LEGAL  PROCEEDINGS
----------------------------

To  the  knowledge  of  the  company's  executive  management and directors, the
Company  is  not  party  to  any  legal proceeding or litigation and none of its
property is the subject of a pending legal proceeding and the executive officers
and  directors  know of no other threatened or contemplated legal proceedings or
litigation.

Subsequent  to  the  year ended December 31, 2004, on April 1, 2005, the Company
entered  into  an  Agreement  and  Plan  or Merger with Who's Your Daddy Inc., a
California  corporation. On April 6, 2005, Who's Your Daddy Inc. received notice
that  Who's Ya Daddy, Inc., a Florida corporation, had filed a complaint against
Who's  Your Daddy, Inc. and Who's Your Daddy, Inc. was served with the complaint
on  April  6,  2005.  The  complaint  alleges  that  Who's  Your  Daddy, Inc. is
infringing the trademark of Who's Ya Daddy, Inc. with respect to clothing (Class
25)  and  brings  federal  trademark  claims,  federal  and  California  unfair
competition  claims  and related claims. The Company believes it has meritorious
defenses  to these claims, as well as counterclaims against Who's Ya Daddy, Inc.
and  intends  to  vigorously  defend  against  these  claims.


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

No matters were submitted to the stockholders during the year ended December 31,
2004.


PART  II

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

Snocone  Systems  Inc.  ("Snocone"  or the "Company") was incorporated under the
laws  of  the  State of Nevada on October 12, 2000, under the name Cogen Systems
Inc.  The  Company changed its name to Snocone Systems Inc. on December 6, 2001.
The  Company's  common  stock  was  approved for trading on the Over-the-Counter
Bulletin  Board  (OTC_BB)  under  the  symbol  SCOS on July 25, 2004, and is now
trading  under  the  symbol  SCSY.

<PAGE>

On  May  17,  2004  Snocone  finalized  a Content Distribution and Revenue Share
Agreement  with TwentyTen Investments Corp. for which TwentyTen received 400,000
shares  of  restricted  common  stock.

Subsequent  to  the  Content  Distribution  and  Revenue  Share  Agreement  with
TwentyTen  Investments  Corp., on April 21, 2005, the parties mutually agreed to
terminate  the  contract  effective immediately. TwentyTen Investments Corp. has
agreed  to  return  to  the  Company  the  400,000  common  shares  issued.  In
consideration  of  the termination of the contract and work performed to date by
TwentyTen  Investments,  the  Company will issue to TwentyTen Investments 40,000
common  shares  (which  represents  10%  of  the  400,000  shares  issued).

On  October  29, 2004, the Company entered into an Asset Purchase Agreement with
Riskebiz  Internet Services Inc., a corporation formed under the laws of British
Columbia,  Canada  ("Riskebiz")  to  acquire the assets, known as RISKeye Mobile
Viewing  and Surveillance Technology ("RISKeye"), owned by Riskebiz. The Company
issued  two hundred thousand (200,000) shares of restricted common stock for the
asset.

Subsequent  to the Agreement with Riskebiz Internet Services, on April 21, 2005,
the  parties  mutually  agreed  to  terminate  the  'RISKeye' contract effective
immediately.  Riskebiz  has  agreed to return to the Company the 200,000  common
shares  issued  for the 'RISKeye' mobile viewing technology. In consideration of
the  termination of the contract and work performed to date by Riskebiz Internet
Services,  the  Company  will  issue to Riskebiz Internet Services 20,000 common
shares  (which  represents  10%  of  the  200,000  shares  issued).

On  August  16,  2004  the  Company  completed  a  five  for  one forward split.
Immediately  following  the  forward  stock  split  the  number  of  issued  and
outstanding  shares  in the company totalled  47,553,900 (9,510,780 post reverse
split).

On  November  3,  2004  the  Company  cancelled  30% of the Company's issued and
outstanding  common  stock  in the amount of  15,596,400 (3,119,280 post reverse
split)  shares.  These  shares  were  owned by directors and other shareholders.
Following  the  cancellation, the number of issued and outstanding shares in the
Company  totalled  35,210,845  (7,042,169  post  reverse  split).

Subsequent  to  the  quarter  ended  December 31, 2004, on February 28, 2005 the
Company  reinstated  the  15,596,400  (3,119,280  post  reverse  split)  shares
previously  voluntarily cancelled for no consideration. The shares were owned by
directors  and  other  shareholders.  Following the reinstatement, the number of
issued  and  outstanding  shares  in  the  Company  totalled  50,807,245.

Subsequent to the quarter ended December 31, 2004, on March 14, 2005 the company
completed  a one for five reverse stock split. Following the reverse stock split
the  number of issued and outstanding shares in the Company totalled 10,161,452.

Subsequent to December 31, 2004, the Company cancelled and transferred 3,000,000
shares  to Who's Your Daddy under the terms of the merger agreement. The balance
of  the  1,500,000  shares  due  under  the  merger  agreement  were issued from
treasury.

<PAGE>

Subsequent  to the quarter ended December 31, 2004, on April 1, 2005 the Company
entered  into  an  Agreement  and  Plan  or Merger with Who's Your Daddy Inc., a
California  corporation,  with  the  surviving  entity  being  Snocone, a Nevada
domiciled public company, which will immediately undertake to change its name to
Who's  Your  Daddy,  Inc.  as  per  the  terms  of  the  merger  agreement.

As  a  condition  of the merger, the Who's Your Daddy shareholders received four
million,  five  hundred thousand (4,500,000) shares of Snocone stock. The shares
of  Snocone  stock  were  delivered  as follows: five hundred thousand (500,000)
shares  delivered  at closing, and the remaining four million (4,000,000) shares
delivered  into  an attorney trust account, with a designated escrow agent, with
further  instructions  that  the shares shall be released on a dollar for dollar
earn  out  basis, based on a monthly payout, with an agreed stock price of $1.00
per  share.  At  such  time  as  Who's  Your  Daddy  has generated $4 million in
revenues, the 4,000,000 share will have been fully delivered to Who's Your Daddy
and its shareholders pursuant to this agreement, and shall be deemed to be fully
earned.

The  table  set forth below reflects the reported high and low bid prices of the
Common  Stock  for  each  quarter  for the period indicated, since the Company's
stock  began  trading.  Such  prices are inter dealer prices without retail mark
ups,  markdowns  or  commissions  and  may  not  represent  actual transactions.

QUARTER  ENDED                             HIGH           LOW
--------------                             ----           ---

September  30,  2004                      $1.19          $0.10
(POST  5  for  1  Reverse  Split)         $5.95          $0.50
December  31,  2004                       $1.84          $0.67
(POST  5  for  1  Reverse  Split)         $9.20          $3.35

The  Company  has  not  paid  dividends  in  prior years and has no plans to pay
dividends  in  the near future. The Company intends to reinvest its earnings, if
any  are  achieved,  in the continued development and operation of its business.
Any  payment  of  dividends  would  depend upon the company's pattern of growth,
profitability,  financial  condition,  and  such  other  factors as the Board of
Directors  may  deem  relevant.

RECENT  SALES  OF  UNREGISTERED  SECURITIES

During  the  Company's  fiscal  year  ended  December,  2003, the Company issued
1,617,600  shares  for  cash  and 311,436 shares for services. The sale of these
securities  was  exempt  from  registration  pursuant  to  Regulation  S.

On  May 17, 2004, the Company issued 400,000 shares of common stock to TwentyTen
Investments  Corp.  pursuant  to  a  Content  Distribution  and  Revenue  Share
Agreement.  The  sale  of these securities was exempt from registration pursuant
to  Regulation  S.

<PAGE>

Subsequent  to  the  Content  Distribution  and  Revenue  Share  Agreement  with
TwentyTen  Investments  Corp., on April 21, 2005, the parties mutually agreed to
terminate  the  contract  effective immediately. TwentyTen Investments Corp. has
agreed  to  return  to  the  Company  the  400,000  common  shares  issued.  In
consideration  of  the termination of the contract and work performed to date by
TwentyTen  Investments,  the  Company will issue to TwentyTen Investments 40,000
common  shares  (which  represents  10%  of  the  400,000  shares  issued).

On  October  29,  2004,  the  Company  issued  200,000 shares of common stock to
Riskebiz  Internet  Services  Inc.  pursuant  to an Asset Purchase Agreement for
assets  known  as  RISKeye.  The  sale  of  these  securities  was  exempt  from
registration  pursuant  to  Regulation  S.

Subsequent  to the Agreement with Riskebiz Internet Services, on April 21, 2005,
the  parties  mutually  agreed  to  terminate  the  'RISKeye' contract effective
immediately.  Riskebiz  has  agreed  to return to the Company the 200,000 common
shares  issued  for the 'RISKeye' mobile viewing technology. In consideration of
the  termination of the contract and work performed to date by Riskebiz Internet
Services,  the  Company  will  issue to Riskebiz Internet Services 20,000 common
shares  (which  represents  10%  of  the  200,000  shares  issued).

On  November  3, 2004, the Company returned 3,119,280 shares that were issued to
management,  affiliated  entities,  and  other  shareholders  to treasury for no
consideration.  Subsequent  to  December  31, 2004, the Company reinstated these
shares.

During  the  Company's  fiscal  year  ended  December 31, 2004, the Company also
issued 125,436 shares for services and 496,013 shares in settlement of debt. The
sale  of these securities was exempt from registration pursuant to Regulation S.

Subsequent  to December 31, 2004, the Company entered into an Agreement and Plan
of Merger with Who's Your Daddy, Inc. The Who's Your Daddy shareholders received
four  million,  five  hundred thousand (4,500,000) shares of Snocone stock, as a
condition  of the merger. The shares of Snocone stock were delivered as follows:
five  hundred  thousand  (500,000)  shares  delivered  upon the Closing, and the
remaining  four million (4,000,000) shares were delivered into an attorney trust
account,  with  a  designated  Escrow  Agent, with further instructions that the
shares  shall  be  released  on  a  dollar for dollar earn out basis, based on a
monthly  payout,  with an agreed stock price of $1.00 per share. At such time as
WYD  has  generated  $4 million in revenues, the 4,000,000 shares will have been
fully  delivered  to  WYD  and  its shareholders pursuant to this Agreement, and
shall  be deemed to be fully earned. The issuance of the shares were exempt from
registration  pursuant  to  Section 4 (2) of the Securities Act as a transaction
not  involving  a  public  offering  of  securities.

ITEM 6.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
--------------------------------------------------------------------------------
OF  OPERATIONS
--------------

Certain statements in this report and elsewhere (such as in other filings by the
Company  with  the  Securities  and Exchange Commission ("SEC"), press releases,
presentations  by  the  Company  of  its  management  and  oral  statements) may
constitute  "forward-looking  statements"  within  the  meaning  of  the Private
Securities  Litigation  Reform  Act  of  1995.  Words  such  as  "expects,"
"anticipates,"  "intends,"  "plans,"  "believes,"  "seeks,"  "estimates,"  and

<PAGE>

"should," and variations of these words and similar expressions, are intended to
identify  these forward-looking statements. Actual results may materially differ
from  any forward-looking statements.  Factors that might cause or contribute to
such  differences  include,  among  others, competitive pressures and constantly
changing  technology  and  market  acceptance  of  the  Company's  products  and
services.  The  Company  undertakes no obligation to publicly release the result
of  any  revisions  to  these  forward-looking  statements, which may be made to
reflect  events  or  circumstances  after  the  date  hereof  or  to reflect the
occurrence  of  unanticipated  events.

The  following  discussion  should  be  read  in  conjunction with the financial
statements  included  herein. Certain statements contained herein may constitute
forward-looking  statements, as discussed above. Because such statements include
risks  and  uncertainties,  actual  results  may  differ  materially  from those
expressed  or  implied  by  such  forward-looking  statements.

PLAN  OF  OPERATION
-------------------

The  Company's business is still in the development stage. On September 2, 2003,
the  Company  entered into a joint venture agreement with RBM Financial Inc. and
TwentyTen Investments Corp., for the purposes of identifying means of profitably
exploiting  its  Snocone  technology,  diversifying its technology platform, and
broadening  its  market base to pursue complementary business opportunities. The
Company  contributed  $100,000  to  the  joint  venture.  All  of the funds were
expended  as  of  December  31,  2004.

On May 26, 2004 Snocone finalized a license agreement with TwentyTen Investments
Corp.  Under  the  agreement, the Company spent $882,600 purchasing market ready
products,  and  recorded  related amortization and impairment costs amounting to
$480,000.  Under  the  agreement, the Company received $40,000 from TwentyTen to
cover  basic  operating  costs of the SMS OfficePools.com application during the
year.

Subsequent  to  the  Content  Distribution  and  Revenue  Share  Agreement  with
TwentyTen  Investments  Corp., on April 21, 2005, the parties mutually agreed to
terminate  the  contract  effective  immediately.

During  the  period  from  October 12, 2000 (date of inception of Cogen) through
December  31,  2004, the Company engaged in no significant operations other than
organization  activities  and  research and development. The Company received no
revenues. For the 2004 fiscal year, the company incurred a loss in the amount of
$1,190,206,  compared  to  a  loss of $165,526 in the previous year. Most of the
expenses  incurred  both  years were for consulting fees provided to the Company
for  the  purpose  of  increasing  the Company's business presence and effort to
develop  its  business  plan.  For  the  2003 and 2004 fiscal years, the Company
expended $43,210 in 2003 and $4,839 in 2004 for administration costs, $58,875 in
2003  and  $79,565  in 2004 for software development costs, plus $18,020 in 2003
and  $317,781  in 2004 for consulting costs. Operations costs over the next year
will  depend  on  a number of factors, including costs with respect to the Who's
Your  Daddy  business  plan.

On  October  29, 2004, the Company entered into an Asset Purchase Agreement with
Riskebiz  Internet Services Inc., a corporation formed under the laws of British

<PAGE>

Columbia,  Canada  ("Riskebiz")  to  acquire the assets, known as RISKeye Mobile
Viewing  and Surveillance Technology ("RISKeye"), owned by Riskebiz. The Company
issued two hundred thousand  (200,000) shares of restricted common stock for the
asset.

Subsequent  to the Agreement with Riskebiz Internet Services, on April 21, 2005,
the  parties  mutually  agreed  to  terminate  the  'RISKeye' contract effective
immediately.

Subsequent  to the quarter ended December 31, 2004, on April 1, 2005 the Company
completed  an  Agreement  and  Plan  of  Merger  with  Who's Your Daddy for four
million,  five hundred thousand (4,500,000) shares of Snocone stock.  Who's Your
Daddy  designs  and licenses a variety of products centered around its trademark
protected  brand, "Who's Your Daddy", which appeals to young men and sports fans
who  strive  for  "style  with  authority". Who's Your Daddy, the company, holds
multiple  trademark rights to "Who's Your Daddy" in the United States and Europe
and  is  in  the  process of obtaining trademark rights in Australia, Canada and
Japan.

Who's Your Daddy products are available at several major retailers. The business
strategy  behind  Who's  Your  Daddy focuses on maintaining the edge, energy and
humor  behind  the  Who's  Your  Daddy  brand  while  continuing  to build brand
awareness  and recognition. The Who's Your Daddy brand is uniquely positioned in
mass-market  retail  outlets,  offering cutting edge designs with a high quality
product at mass market prices. The Who's Your Daddy target market includes young
adult  males, sports fans and gift buyers for these groups. As part of the Who's
Your  Daddy  strategy,  Who's  Your Daddy has developed products and events that
appeal  to  these  groups  and continues to assess opportunities to expand their
products  and  markets. While working on introducing a current product line into
wider  retail  distribution,  Who's  Your Daddy is expanding the current product
line  at  existing  retail locations to include women, junior and toddler lines.
The Company believes that these products will not only generate revenues through
licensing  fees,  but will also increase the intellectual value of the brand and
diversify  the Who's Your Daddy product line, which consists of the right to use
its  trademark  in  over  300  products ranging from energy drinks to children's
books.  Who's  Your  Daddy  has  hired a licensing manager to seek new licensees
domestically  and  internationally  for  all  product  divisions.

LIQUIDITY  AND  CAPITAL  RESOURCES
----------------------------------

The Company issued 600,000 shares for technology during 2004. Snocone remains in
the  development  stage.

As  at  December 31, 2004, the Company had a working capital deficit of $103,941
compared  with  a  working  capital surplus of $6,435 at December 31, 2003.  The
Company  plans  to  utilize debt and/or equity financings to fund its short-term
and  long-term  growth.  The  availability  of  future financings will depend on
market  conditions.  A  portion  of  the  funds may be used to grow the business
through  acquisition  of  other  businesses. Subsequent to year end, the Company
received  $36,000  by  way  of  private  placement.

The  forecast  of  the  period  of  time  through  which the Company's financial
resources  will be adequate to support operations is a forward-looking statement
that  involves  risks  and  uncertainties.  The  actual funding requirements may
differ  materially  from this as a result of a number of factors including plans

<PAGE>

to  rapidly  expand  its  new  operations.  There  can  be no assurance that the
Company will be able to continue as a going concern or achieve material revenues
or  profitable  operations.

For the most recent fiscal year, 2004, the Company incurred a loss in the amount
of  1,190,206  compared to a loss of $165,526 in 2003.   Both years losses are a
result  of  organizational  expenses  and  expenses associated with setting up a
company  structure  and market ready products in order to begin implementing its
business  plan.  The  Company  anticipates  that  until  these  procedures  are
completed,  it will not generate revenues, and may continue to operate at a loss
thereafter,  depending  upon  the  performance  of  the  business.

During the period from October 12, 2000 (date of incorporation) through December
31,  2004,  the  Company has incurred an accumulated net loss of $1,417,753, has
not  attained  profitable  operations  and  is dependent upon obtaining adequate
financing  to  fulfill  its  development  activities.

Subsequent  to  the  quarter  ended  December 31, 2004, the Company completed an
Agreement  and  Plan  of  Merger  with  Who's  Your  Daddy.

<PAGE>

ITEM  7.  FINANCIAL  STATEMENTS
-------------------------------

Report  of  Independent  Registered  Public  Accounting  Firm                15

Balance  Sheets  as  at  December  31, 2004 and 2003 (audited)               16

Statements  of Operations for the years ended December 31, 2004 and 2003 and for
the period from inception (October 12, 2000) through December 31, 2004 (audited)
                                                                             17

Statements  of  Cash Flows for the year ended December 31, 2004 and 2003 and for
the  period  from  inception  (October  12, 2000) to December 31, 2004 (audited)
                                                                             18

Statement  of  Stockholder's  Equity  for the period from inception (October 12,
2000)  to  December  31,  2004  (audited)                                    19

Notes  to  the  Financial  Statements

<PAGE>


                              SNOCONE SYSTEMS INC.
                          (A DEVELOPMENT STAGE COMPANY)


                              FINANCIAL STATEMENTS


                           DECEMBER 31, 2004 AND 2003
                            (STATED IN U.S. DOLLARS)

<PAGE>





             REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM




To  the  Stockholders  and  Board  of  Directors
Snocone  Systems  Inc.
(A  Development  Stage  Company)

We  have  audited  the  accompanying  balance  sheets of Snocone Systems Inc. (a
development  stage  company)  as  at December 31, 2004 and 2003, and the related
statements  of  operations, stockholders' equity, and cash flows for each of the
two  years  in  the  period  ended,  December  31,  2004  and  2003, and for the
cumulative  period from inception, October 12, 2000 to December 31, 2004.  These
financial  statements  are  the responsibility of the Company's management.  Our
responsibility  is  to express an opinion on these financial statements based on
our  audits.

We  conducted  our audits in accordance with the standards of the Public Company
Accounting  Oversight  Board  (United  States).  Those standards require that we
plan  and  perform  an  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, these financial statements referred to above present fairly, in
all  material respects, the financial position of the Company as at December 31,
2004  and  2003,  and  the  results of its operations and its cash flows for the
periods  indicated  in  conformity  with  U.S.  generally  accepted  accounting
principles.

The Company is not required to have, nor were we engaged to perform, an audit of
its  internal  control  over  financial  reporting.  Our  audits  included
consideration  of  internal  control  over  financial  reporting  as a basis for
designing  audit  procedures  that are appropriate in the circumstances, but not
for  the  purpose of expressing an opinion on the effectiveness of the Company's
internal  control  over  financial  reporting.  Accordingly,  we express no such
opinion.

The  accompanying  financial  statements  have  been  prepared assuming that the
Company  will  continue  as  a  going concern.  As discussed in Note 1(c) to the
financial  statements,  the  Company has incurred a net loss of $1,417,753 since
inception,  has  not  attained  profitable  operations  and  is  dependent  upon
obtaining  adequate  financing  to  fulfill  its  development activities.  These
factors  raise  substantial doubt that the Company will be able to continue as a
going concern.  Management's plans in regard to these matters are also discussed
in  Note  1(c).  The  financial  statements  do not include any adjustments that
might  result  from  the  outcome  of  this  uncertainty.




Vancouver,  Canada                                         "Morgan and Company"
April  22,  2005                                          Chartered  Accountants

<PAGE>

                              SNOCONE SYSTEMS INC.
                          (A DEVELOPMENT STAGE COMPANY)

                                 BALANCE SHEETS
                            (STATED IN U.S. DOLLARS)


<TABLE>
<CAPTION>



                                                              DECEMBER 31
                                                            2004        2003
                                                        ---------  ----------
<S>                                                     <C>        <C>

ASSETS

CURRENT
Cash                                                    $   1,455   $   1,042
Prepaid expenses                                            5,050      65,000
                                                        ---------  ----------
                                                        $   6,505   $  66,042

Technology (Note 3)                                       402,600           -
                                                        ---------  ----------
                                                        $ 409,105   $  66,042
LIABILITIES

CURRENT
Accounts payable and accrued liabilities                $  52,577   $  48,593
Due to related parties                                     25,369           -
Loans and notes payable  (Note 5(f))                       32,500      11,014
                                                        ---------  ----------
                                                          110,446      59,607
                                                        ---------  ----------

STOCKHOLDERS' DEFICIENCY

COMMON STOCK
Authorized:
100,000,000 common shares with a par value of $0.001
 20,000,000 preferred shares with a par value of $0.001

Issued and outstanding:
    7,042,169 common shares at December 31, 2004 and
    8,051,436 common shares at December 31, 2003
    (post stock split and reverse stock split)             7,042       8,051

Additional paid-in capital                             1,709,370     225,931

DEFICIT ACCUMULATED DURING THE DEVELOPMENT STAGE      (1,417,753)   (227,547)
                                                    -------------  ----------
                                                        (298,659)      6,435
                                                    -------------  ----------
                                                    $    409,105   $  66,042
CONTINGENCY (Note 1(c))
</TABLE>



<PAGE>
                              SNOCONE SYSTEMS INC.
                          (A DEVELOPMENT STAGE COMPANY)

                            STATEMENTS OF OPERATIONS
                            (STATED IN U.S. DOLLARS)
<TABLE>
<CAPTION>



                                                                             CUMULATIVE
                                                                             PERIOD FROM
                                                                              INCEPTION
                                                                              OCTOBER 12
                                                      YEARS ENDED              2000 TO
                                                      DECEMBER 31            DECEMBER 31
                                                   2004         2003            2004
                                                 -------       ------        ------------
<S>                                              <C>            <C>          <C>

INCOME
Revenue. . . . . . . . . . . . . . . . . . . .  $       -   $        -   $         -

EXPENSES
Impairment in value of technology rights          321,600            -       321,600
Consulting . . . . . . . . . . . . . . . ..       317,781       18,020       335,801
Technology rights acquired (Note 4(b)) .  .       200,000            -       200,000
Amortization of technology rights                 158,400            -       158,400
Software . . . . . . . . . . . . . . . . . .       79,565       58,875       143,440
Professional fees. . . . . . . . . . . .  .        33,040       13,981        61,751
Office . . . . . . . . . . . . . . . . . . .       19,953       13,245        36,597
Interest expense . . . . . . . . . . . . . . .     18,306            -        18,306
Investor relations . . . . . . . . . . . . .       16,134            -        16,134
Rent . . . . . . . . . . . . . . . . . . . .       13,500        6,000        25,500
Filing and transfer agent fees . . . . . . . .      7,088            -         7,088
Administration . . . . . . . . . . . . . . . .      4,839       43,210        60,699
Marketing feasibility. . . . . . . . . . . . .          -       12,195        26,209
Organization . . . . . . . . . . . . . . . . .          -            -         6,228
                                                1,190,206      165,526     1,417,753
                                                -------------  -----------  ------------
NET LOSS FOR THE PERIOD. . . . . . . . .  .  $ (1,190,206)  $ (165,526)  $(1,417,753)

BASIC AND DILUTED LOSS PER SHARE . . . . ..  $      (0.14)  $    (0.03)

WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING   8,552,842    6,201,323
</TABLE>




<PAGE>
                              SNOCONE SYSTEMS INC.
                          (A DEVELOPMENT STAGE COMPANY)

                            STATEMENTS OF CASH FLOWS
                            (STATED IN U.S. DOLLARS)
<TABLE>
<CAPTION>



                                                                               CUMULATIVE
                                                                              PERIOD FROM
                                                                               INCEPTION
                                                                               OCTOBER 12
                                                          YEARS ENDED            2000 TO
                                                          DECEMBER 31          DECEMBER 31
                                                      2004          2003         2004
<S>                                                   <C>            <C>         <C>

CASH FLOWS FROM OPERATING ACTIVITIES
Net loss for the period. . . . . . . . . . . . .  $ (1,190,206)  $(165,526)  $(1,417,753)
Add:  Non-cash items:
Amortization of technology rights                      158,400           -       158,400
Impairment of technology rights                        321,600           -       321,600
Stock issued for services. . . . . . . . . . . .       242,500      64,882       312,382
Beneficial conversion feature of convertible notes
   Recorded as interest expense                         17,300           -        17,300
Stock issued for technology rights . . . . . . .       200,000           -       200,000
                                                  -------------  ----------  ------------
                                                      (250,406)   (100,644)     (408,071)
                                                  -------------  ----------  ------------
Change in non-cash working capital items:
Accounts payable and accrued liabilities . . . .         3,984         965        52,577
Due to related parties                                  25,369           -        25,369
Prepaid expenses . . . . . . . . . . . . . . . .        59,950     (65,000)       (5,050)
                                                  -------------  ----------  ------------
                                                      (161,103)   (164,679)     (335,175)
                                                  -------------  ----------  ------------
CASH FLOWS FROM FINANCING ACTIVITIES
Stock issued for cash. . . . . . . . . . . . . .             -     147,700       164,100
Proceeds from loans. . . . . . . . . . . . . . .       161,516      11,014       172,530
                                                  -------------  ----------  ------------
                                                       161,516     158,714       336,630
                                                  -------------  ----------  ------------

CHANGE IN CASH . . . . . . . . . . . . . . . . .           413      (5,965)        1,455

CASH, BEGINNING OF PERIOD. . . . . . . . . . . .         1,042       7,007             -
                                                  -------------  ----------  ------------

CASH, END OF PERIOD. . . . . . . . . . . . . . .  $      1,455   $   1,042   $     1,455
                                                  -------------  ----------  ------------

NON-CASH FINANCING ACTIVITIES
Stock issued for technology. . . . . . . . . . .  $  1,082,600   $       -   $ 1,085,600
Stock issued for the organization of the Company  $          -   $       -   $     2,000
Stock issued for debt. . . . . . . . . . . . . .  $    157,330   $       -   $   157,330
Stock issued for services. . . . . . . . . . . .  $    242,500   $  64,882   $   307,382
                                                  -------------  ----------  ------------
</TABLE>



<PAGE>
                              SNOCONE SYSTEMS INC.
                          (A DEVELOPMENT STAGE COMPANY)

                        STATEMENT OF STOCKHOLDERS' EQUITY

          PERIOD FROM INCEPTION, OCTOBER 12, 2000, TO DECEMBER 31, 2004
                            (STATED IN U.S. DOLLARS)
<TABLE>
<CAPTION>



                                                                                            DEFICIT
                                                           COMMON STOCK                   ACCUMULATED
                                                       NUMBER               ADDITIONAL     DURING THE
                                                         OF                  PAID-IN      DEVELOPMENT
                                                       SHARES       AMOUNT   CAPITAL         STAGE         TOTAL
<S>                                                    <C>          <C>     <C>            <C>             <C>

Balance, October 12, 2000 (Date of inception)               -       $    -   $      -     $         -     $     -

Stock issued for $2,000 of organization expenses    2,400,000        2,400       (400)              -       2,000
Stock issued for technology   . . . . . . . . .     3,600,000        3,600       (600)              -       3,000
Loss for the period . . . . . . . . . . . . . .             -            -          -         (10,758)    (10,758)

Balance, December 31, 2000. . . . . . . . . . .     6,000,000        6,000     (1,000)        (10,758)     (5,758)

Loss for the year . . . . . . . . . . . . . . .             -            -          -            (470)       (470)

Balance, December 31, 2001. . . . . . . . . . .     6,000,000        6,000     (1,000)        (11,228)     (6,228)

Stock issued for cash . . . . . . . . . . . . .       122,400          122     16,278               -      16,400
Loss for the year . . . . . . . . . . . . . . .             -            -          -         (50,793)    (50,793)

Balance, December 31, 2002. . . . . . . . . . .     6,122,400        6,122     15,278         (62,021)    (40,621)

Stock issued for cash (Note 4(e)) . . . . . . .     1,617,600        1,618    146,082               -     147,700

Stock issued under the Performance
   Stock Plan (Note 4(d))                             311,436          311     64,571               -      64,882
Loss for the year . . . . . . . . . . . . . . .             -            -          -        (165,526)   (165,526)

Balance, December 31, 2003. . . . . . . . . . .     8,051,436        8,051    225,931        (227,547)      6,435

Stock issued for debt (Note 4(f)) . . . . . . .       496,013          496    156,834               -     157,330

Stock issued under the Performance
   Stock Plan (Note 4(d))                             888,564          889     73,158               -      74,047
Stock issued for services (Note 4(g)) . . . . .       125,436          125    168,328               -     168,453
Stock issued for technology (Note 4(b)). . . .        200,000          200    199,800               -     200,000
Stock issued for software rights (Note 4(b)). .       400,000          400    882,200               -     882,600
Cancelled stock (Note 4(a)) . . . . . . . . . .    (3,119,280)      (3,119)     3,119               -           -
Loss for the year . . . . . . . . . . . . . . .             -            -          -      (1,190,206) (1,190,206)

Balance, December 31, 2004. . . . . . . . . . .     7,042,169     $  7,042 $1,709,370     $(1,417,753)  $(298,659)
</TABLE>

                              SNOCONE SYSTEMS INC.
                          (A DEVELOPMENT STAGE COMPANY)

                          NOTES TO FINANCIAL STATEMENTS

                           DECEMBER 31, 2004 AND 2003
                            (STATED IN U.S. DOLLARS)


1.     NATURE  OF  OPERATIONS

a)     Organization

Snocone  Systems Inc. (the "Company") was incorporated in the State of Nevada on
October  12,  2000,  under  the  name  Cogen  Systems  Inc., and is in its early
developmental  stage.  The  Company  changed its name to Snocone Systems Inc. on
December  6,  2001.

The  Company's  Board  of  Directors  approved a stock split during the year end
December  31,  2004  and  a reverse stock split after the year end (Note 5 (a)).
All  share  and  per  share  amounts  for  the  year ended December 31, 2004 and
comparative  amounts for all periods presented have been restated to reflect the
forward  stock  split  and  the  reverse stock split unless otherwise indicated.

b)     Development  Stage  Activities

To  date,  the  Company's  only activities have been organizational, directed at
acquiring  its  principal  asset, raising its initial capital and developing its
business  plan.

In  a  development  stage  company, management devotes most of its activities in
investigating  business opportunities. Planned principal activities have not yet
begun.

c)     Going  Concern

The  accompanying  financial  statements have been prepared assuming the Company
will  continue  as  a  going  concern.

As  shown  in  the accompanying financial statements, the Company has incurred a
net  loss  of  $1,417,753  for  the  period from inception, October 12, 2000, to
December  31,  2004,  and  has no sales.  The future of the Company is dependent
upon  its ability to obtain financing and upon future profitable operations from
the  development  of  its  services.  Management  has  plans  to seek additional
capital through a public offering of its common stock.  The financial statements
do not include any adjustments relating to the recoverability and classification
of  recorded  assets,  or  the amounts of and classification of liabilities that
might  be  necessary  in  the  event  the  Company cannot continue in existence.


2.     SIGNIFICANT  ACCOUNTING  POLICIES

The  financial  statements  of the Company have been prepared in accordance with
generally  accepted  accounting  principles  in  the  United  States of America.

<PAGE>

                              SNOCONE SYSTEMS INC.
                          (A DEVELOPMENT STAGE COMPANY)

                          NOTES TO FINANCIAL STATEMENTS

                           DECEMBER 31, 2004 AND 2003
                         (STATED  IN  U.S.  DOLLARS)

2.       SIGNIFICANT ACCOUNTING POLICIES (Continued)

Because a precise determination of many assets and liabilities is dependent upon
future  events, the preparation of financial statements for a period necessarily
involves  the  use  of  estimates  which have been made using careful judgement.

The  financial  statements have, in management's opinion, been properly prepared
within  reasonable  limits  of  materiality  and  within  the  framework  of the
significant  accounting  policies  summarized  below:

a)     Organizational  and  Start  Up  Costs

Costs  of  start  up activities, including organizational costs, are expensed as
incurred.

b)     Development  Stage  Company

The  Company  is  a  development  stage  company as defined in the Statements of
Financial Accounting Standards No. 7.  The Company is devoting substantially all
of  its  present  efforts  to  establish  a new business and none of its planned
principal  operations  have  commenced.  All  losses accumulated since inception
have  been  considered  as  part  of the Company's development stage activities.

c)     Use  of  Estimates

The  preparation  of  financial statements in conformity with generally accepted
accounting principles 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 and
the reported amounts of revenues and expenses during the periods. Actual results
could  differ  from  those  estimates.

d)     Technology  Development  Costs

The costs to develop new software products and enhancements to existing software
products  are  expensed  as  incurred  until  technological feasibility has been
established.  Once  technological  feasibility  is  established,  additional
development  costs  and  enhancements  are  capitalized.

Capitalized  costs  are  amortized  over  the  estimated  useful  lives  of  the
technology  or  related  rights.  The  Company  evaluates  carrying  amounts for
recoverability  at  least  annually,  or  where  impairment indicators otherwise
arise.  To  the extent that carrying costs exceed the estimated present value of
future  revenues from a technology, the Company records an impairment provision.

<PAGE>

                              SNOCONE SYSTEMS INC.
                          (A DEVELOPMENT STAGE COMPANY)

                          NOTES TO FINANCIAL STATEMENTS

                           DECEMBER 31, 2004 AND 2003
                            (STATED IN U.S. DOLLARS)


2.     SIGNIFICANT  ACCOUNTING  POLICIES  (Continued)

e)     Basic  and  Diluted  Loss  Per  Share

In  accordance  with  SFAS  No.  128  - "Earnings Per Share", the basic loss per
common  share  is computed by dividing net loss available to common stockholders
by  the  weighted average number of common shares outstanding.  Diluted loss per
common  share is computed similar to basic loss per common share except that the
denominator  is increased to include the number of additional common shares that
would  have  been outstanding if the potential common shares had been issued and
if  the  additional  common  shares  were  dilutive.  At  December 31, 2004, the
Company  has  no  stock  equivalents that were anti-dilutive and excluded in the
earnings  per  share  computation.

f)      Income  Taxes

The  Company  follows  the liability method of accounting for income taxes under
which   deferred  tax  assets  and liabilities are recognized for the future tax
consequences  of  (i)  temporary differences between the tax bases of assets and
liabilities,  and  their  reported amounts in the financial statements, and (ii)
operating  loss  and  tax  credit  carryforwards  for tax purposes. Deferred tax
assets  are  reduced  by  a  valuation  allowance  when, based upon management's
estimates,  it is more likely than not that a portion of the deferred tax assets
will  not  be  realized  in  a  future  period.

g)      Financial  Instruments

The  Company's  financial  instruments  consist  of  cash,  accounts payable and
accrued  liabilities  and  loans  payable.

It  is  management's  opinion  that  the  Company  is not exposed to significant
interest  or  credit  risks  arising  from these financial instruments. The fair
value  of  these  financial  instruments  approximate  their  carrying  values.

h)      Stock  Based  Compensation

The  Company  accounts for employee stock based compensation using the intrinsic
value  method  prescribed  in  "Accounting  Principles  Board  Opinion  No. 25 -
"Accounting  for  Stock  Issued  to  Employees"  and  related  interpretations.
Accordingly,  compensation  cost for stock options is measured as the excess, if
any,  of  the  fair value of the Company's common stock at the date of the grant
over  the  amount an employee must pay to acquire the common stock. Non-employee
stock  based  compensation  is  accounted  for  using  the  fair value method in
accordance  with  SFAS  No.  123R  -  "Accounting for Stock Based Compensation".

<PAGE>
                              SNOCONE SYSTEMS INC.
                          (A DEVELOPMENT STAGE COMPANY)

                          NOTES TO FINANCIAL STATEMENTS

                           DECEMBER 31, 2004 AND 2003
                            (STATED IN U.S. DOLLARS)



2.     SIGNIFICANT  ACCOUNTING  POLICIES  (Continued)

i)     New  Accounting  Standards

Management  does  not  believe  that  any recently issued, but not yet effective
accounting  standards  if currently adopted, could have a material effect on the
accompanying  financial  statements.

j)     Foreign  Currency  Translation

The  Company's  functional currency is the U.S. dollar.  Transactions in foreign
currencies  are  translated  into  U.S.  dollars  as  follows:

i)     monetary  items  at  the  rate  prevailing  at  the  balance  sheet date;
ii)     non-monetary  items  at  the  historical  exchange  rate;
iii)     revenue and expense at the average rate in effect during the applicable
accounting  period.


3.     TECHNOLOGY

On  May 17, 2004, the Company acquired the exclusive right, in the United States
and Canada, to use certain software applications, "the SMSOfficepool Technology"
(Note  5(b)).

The  exclusive  right  was  valued on acquisition at $882,600, with an estimated
useful life of 3 years.  At the time of the acquisition, the Company anticipated
that  significant  revenues would be generated in 2004 and future years as users
paid  to  apply  the technology as they followed, primarily, the National Hockey
League  ("NHL").

The  NHL  season  did  not  open  in  September  as anticipated and was formally
cancelled  in January 2005.  Accordingly, in October, and again in December, the
Company reassessed the carrying values of the technology and made provisions for
impairment.

At  December 31, 2004, the carrying value of the SMSOfficepool Technology was as
follows:

Cost                                 $     882,600
Less:  Accumulated  amortization          (158,400)
Less:  Provision  for  impairment         (321,600)
                                        ------------
                                     $     402,600
                                        ------------


<PAGE>
                              SNOCONE SYSTEMS INC.
                          (A DEVELOPMENT STAGE COMPANY)

                          NOTES TO FINANCIAL STATEMENTS

                           DECEMBER 31, 2004 AND 2003
                            (STATED IN U.S. DOLLARS)



4.     INCOME  TAX

A  reconciliation  of  statutory  federal  income  tax  rates  to  the company's
effective  tax  rate  is  as  follows:


                                                     2004               2003
                                                     ====               ====

Expected  tax  recovery  at  34%         $     (1,300,000)     $     (56,279)
Change  in  valuation  allowance                1,300,000             56,279

Income  tax  provision                   $              -      $           -

The  Company  did  not  pay  any  income  tax  in  2004  or  2003.

Deferred  tax  assets  (liabilities)  at  December  31  were  as  follows:


                                                     2004               2003
                                                     ====               ====

Gross  Tax  Deferred  Asset
Operating  loss  carryforwards           $      1,400,000      $      77,366
Valuation  allowance                           (1,400,000)           (77,366)

Net  deferred  tax  asset                $              -      $           -

The Company has net operating losses carried forward of approximately $1,417,000
and  has  provided  a  full  valuation  allowance  due to the uncertainty of the
utilization  of  the  benefit  of  these  losses.


5.     SHARE  CAPITAL

a)     Issued  Shares

On  August  16,  2004,  the  Company's Board of Directors approved a 6:1 forward
stock split.  As a result of the stock split, an additional 39,628,250 shares of
common  stock  were  issued.

On March 14, 2005, the Company's Board of Directors approved a 5:1 reverse stock
split.

On  November  3,  2004,  300,000 common shares owned by directors, and 2,719,280
common  shares  owned  by  other  shareholders  were returned to treasury for no
proceeds.

<PAGE>
                              SNOCONE SYSTEMS INC.
                          (A DEVELOPMENT STAGE COMPANY)

                          NOTES TO FINANCIAL STATEMENTS

                           DECEMBER 31, 2004 AND 2003
                            (STATED IN U.S. DOLLARS)



5.     SHARE  CAPITAL  (Continued)

a)     Issued  Shares  (Continued)

The par value of the common stock remained unchanged at $0.001 and the number of
authorized  common  shares  remained  unchanged  at  100,000,000.

All  share  and  per  share  amounts  for  the  year ended December 31, 2004 and
comparative  figures  have  been restated to reflect the forward stock split and
the  reverse  stock  split  unless  otherwise  indicated.

b)     Licenses  and  Technology  Rights  Acquired  for  Shares

On  May  17,  2004,  the  Company  agreed to issue 400,000 shares to acquire the
exclusive  right,  in  the  United  States  and  Canada, to use certain computer
software  applications  (the  "SMSOfficepool  Technology").  The  software
applications  were developed by a corporation owned by the then-President of the
Company  and  were  acquired  from  TwentyTen  Investments  Corp. (Note 6).  The
exclusive  right  was valued on acquisition at $882,600.  The shares, which were
issued  on  October  11, 2004, are restricted securities, and may not be offered
for  sale,  sold  or  transferred  except  to  shareholders  of  the  affiliated
corporation  until October 2006.  The agreement is effective until May 16, 2009.
The agreement is automatically renewed for successive 12 month periods after May
16,  2009  unless  notice is given by either party at least 30 days prior to the
end  of  the  term  or  any  subsequent  renewal  period.  The  agreement may be
terminated by either party on 90 days prior written notice.  If the agreement is
terminated,  the  restricted  shares  must  be  returned  to  the  Company.

On  April  21,  2005,  the  parties  mutually  agreed to terminate the TwentyTen
Investments  Agreement  (Note  7(d))  effective  immediately.

On  October 29, 2004, the Company issued 200,000 shares to acquire software from
Riskebiz  Investment  Services, a corporation owned by a director of the Company
(the  "RISKeye  technology").  The  software was valued at $200,000.  The shares
are  restricted  securities  and  may not be offered for sale, sold or otherwise
transferred  until  October 2006.  The cost of this acquisition has been charged
to  operations  as  technological  feasibility  has  not  yet been demonstrated.

On  April  21,  2005,  the  parties  mutually  agreed to terminate the 'RISKeye'
contract  effective  immediately  (Note  7(e)).



<PAGE>
                              SNOCONE SYSTEMS INC.
                          (A DEVELOPMENT STAGE COMPANY)

                          NOTES TO FINANCIAL STATEMENTS

                           DECEMBER 31, 2004 AND 2003
                            (STATED IN U.S. DOLLARS)



5.     SHARE  CAPITAL  (Continued)

c)     Restricted  Stock

The  Company's  shares  began trading on the OTC Bulletin Board effective August
17,  2004.

At  December  31,  2004,  1,929,036  outstanding  shares  of  common  stock were
restricted  for  periods up to one year and 1,221,449 shares were restricted for
periods  up  to  two  years.

d)     Performance  Stock  Plan

On  December 10, 2003, the Company's Board of Directors registered a Performance
Stock  Plan  which  provides  for  the option and sale of up to 1,200,000 common
shares.  The  Company  has  issued  shares  under  the Performance Stock Plan to
consultants  as  follows:

                 AWARD        DATE              VALUE
                 =====        ====              =====
               311,436     December  2003    $ 64,882
               888,564     August  2004        74,047
             ---------                       --------
             1,200,000                       $138,929
             ---------                       --------

The  shares are subject to escrow restrictions of twelve months from the date of
issue.

The awards were granted before the Company's stock began trading and were valued
at  management's  estimated  fair  values  of  $0.08  in  2004  (2003  - $0.21).

e)     Stock  Issued  for  Cash

During the year ended December 31, 2003, the Company issued 1,617,600 shares for
$147,700  under  a  private  placement.


<PAGE>
                              SNOCONE SYSTEMS INC.
                          (A DEVELOPMENT STAGE COMPANY)

                          NOTES TO FINANCIAL STATEMENTS

                           DECEMBER 31, 2004 AND 2003
                            (STATED IN U.S. DOLLARS)


5.     SHARE  CAPITAL  (Continued)

f)     Stock  Issued  for  Loans  and  Notes  Payable

During  the year ended December 31 2004, the Company issued shares in settlement
of  loans  payable  as  follows:



                                                              NUMBER
                                                                OF
                                                              SHARES       VALUE
                                                              ======       =====
Loans outstanding at December 31, 2003 at estimated fair
value of $0.21 per share                                      52,868     $11,014

For loans received during the year ended December 31,
2004 at estimated fair value  of  $0.21  per  share          422,476      88,016

For convertible promissory notes issued and settled during
the year ended December 31, 2004 at face value of the notes   20,669      41,000

Conversion feature value in excess of conversion price for
the convertible notes                                              -      17,300
                                                             -------     -------
                                                             496,013    $157,330
                                                             -------     -------

The  loans  were  non-interest  bearing  and  payable on demand. The convertible
promissory  notes  attracted  interest at a Canadian chartered bank's prime rate
plus  2%  and were payable on demand $32,500 of convertible promissory notes was
outstanding  at  December 31, 2004. These notes, which were convertible at rates
to be established by mutual agreement at the time the notes were converted, were
converted  on  March  10,  2005  (Note  8(a)).

g)     Stock  Issued  for  Services

During  the year ended December 31, 2004, the Company issued shares for services
under  consulting  contracts  as  follows:



                                                      NUMBER OF SHARES     VALUE
                                                      ================     =====
At  estimated  fair  value  of  $0.21                     24,000       $   5,000
At  approximate  market  value  of  $1.61                101,436         163,453
                                                      ----------------   -------
                                                         125,436       $ 168,453
                                                      ----------------   -------

<PAGE>
                              SNOCONE SYSTEMS INC.
                          (A DEVELOPMENT STAGE COMPANY)

                          NOTES TO FINANCIAL STATEMENTS

                           DECEMBER 31, 2004 AND 2003
                            (STATED IN U.S. DOLLARS)



6.     RELATED  PARTY  TRANSACTIONS

On  September  2, 2003, the Company entered into an agreement with RBM Financial
Inc.  and  Twenty  Ten  Investments  Corp.  for  the  provision  of programming,
marketing  and  business  concept  expertise.  The  programming  expertise  was
provided  by Riskebiz, a corporation owned by the then-President of the Company.
Under  the  terms  of  the  agreement, the Company prepaid $100,000 for services
provided  through  August  2004.

Under  the  terms of the agreement to acquire the SMSOfficepool technology (Note
5(b)),  the  seller  agreed  to pay the Company $5,000 per month for up to eight
months  to cover the basic operating costs of the applications until the service
was  self-sustaining.  The  Company  received  $40,000  during  the  year.

During the year ended December 31, 2004, the Company paid $25,000 to Riskebiz to
operate  the  SMSOfficepool  site and $17,500 (CDN$21,000) to a company owned by
the  Company's  president  for  advice  on  acquisitions, strategy, planning and
management.  Under  the  terms  of  a  contract,  dated  September 30, 2004, the
Company  is committed to pay up to $1,700 (CDN$2,000) per month to its president
for  up to a year for management services to guide Snocone in the development of
its  business,  products  and  services.

Under  an  agreement  dated  July 1, 2004, the Company contracted with a related
management  corporation  for certain services including secretarial, maintenance
of corporate documentation, telecommunications, banking and certain transactions
processing functions and office facilities. Under the terms of the contract, the
Company  is  committed  to  pay $5,000 per month for twelve months, a rate which
approximates  fair  market  value.  $15,368.85  was  owing under the contract at
December  31,  2004.


7.     COMMITMENTS


On  November  29,  2004,  the Company entered into a Revenue Sharing and Product
Development  agreement  with  SMART-TEK Communications Inc., amended January 28,
2005,  whereby Smart-Tek would earn shares for "their involvement in the design,
engineering,  sales,  manufacturing,  technology  and  expertise  with  the
application(s)  or  product(s)  in  partnership with Snocone," and Snocone would
earn  "50%  of  the  revenues  associated  with  the  marketable final product".
Subsequently,  on  January  28,  2005, the parties concluded that they could not
identify  an  application  or product to co-develop, produce and market so as to
fulfil  the  agreement.  The  parties  have agreed to review this agreement, and
therefore  the Company has not moved forward on any commitments to issue options
or  shares.

<PAGE>

                              SNOCONE SYSTEMS INC.
                          (A DEVELOPMENT STAGE COMPANY)

                          NOTES TO FINANCIAL STATEMENTS

                           DECEMBER 31, 2004 AND 2003
                            (STATED IN U.S. DOLLARS)



8.     SUBSEQUENT  EVENTS

a)     Under  a  private  placement,  dated  March  10, 2005, the Company issued
68,500  shares  for  $68,500.  $32,500  of  the  proceeds were received prior to
December  31,  2004.

b)     On  February  28, 2005, the Company reinstated the 3,119,280 shares that
had  been returned to the Company for no consideration on November 3, 2004 (Note
5(a)).  3,000,000  of these shares formed part of the purchase consideration for
the "Who's Your Daddy Acquisition" (Note  8(c)).

c)     On  April 1, 2005, the Company acquired all of the issued and outstanding
shares  of  Who's Your Daddy Inc. ("WYD"), a company incorporated in California.
Under  the  terms  of  the  acquisition  agreement, the Company issued 1,500,000
shares  and  delivered  an additional 3,000,000 issued and outstanding non-float
common  shares  with an agreed stock price of $1.00 per share.  4,000,000 of the
shares  were delivered into a trust account with the shares to be released, on a
dollar  for  dollar  basis,  until  such time as WYD has generated $4 million in
revenues.  In  connection  with  the  acquisition:

     -    the  Company's  Board  of  Directors  will  expand  from three to five
          members,  with  the  two  additional  directors  appointed  by  WYD;

     -    the  Company  agreed to reserve up to 4 million shares of common stock
          for  issuance  under a private placement financing of not less than $2
          million  to  be  funded  as  follows:

     -    $500,000  to  be  delivered  on  or  before  April  30,  2005;

     -    $1,500,000  to  be  delivered  120  days  thereafter.

In  addition,  the Company agreed to use its best efforts to raise an additional
$3,000,000  of  private  placement  capital  within  12  months;

     -    the Company undertook to change its name to "Who's Your Daddy" or such
          other  name  agreed  by  the  Company  and  WYD.

On  April  6,  2005,  Who's Your Daddy Inc. received notice that Who's Ya Daddy,
Inc.,  a  Florida  corporation,  had filed a complaint against Who's Your Daddy,
Inc.  The  complaint  alleges  that  Who's  Your  Daddy,  Inc. is infringing the
trademark of Who's Ya Daddy, Inc. with respect to clothing (Class 25) and brings
federal  trademark  claims, federal and California unfair competition claims and
related  claims.  The  Company  believes  it  has  meritorious defences to these
claims,  as  well  as  counterclaims against Who's Ya Daddy, Inc. and intends to
vigorously  defend  against  these  claims.


<PAGE>
                              SNOCONE SYSTEMS INC.
                          (A DEVELOPMENT STAGE COMPANY)

                          NOTES TO FINANCIAL STATEMENTS

                           DECEMBER 31, 2004 AND 2003
                            (STATED IN U.S. DOLLARS)



8.     SUBSEQUENT  EVENTS  (Continued)

d)     At  the  time  the  Company  signed  its initial Content Distribution and
Revenue  Share  Agreement  with  TwentyTen  Investments  Corp.  (Note 5(b)), the
Company  believed  it  would  realize  at  least  the acquisition value from the
SMSOfficePools.com  service. The Company has since reviewed this acquisition and
has  come  to  the  conclusion that the value is not materializing as originally
anticipated.

On  April  21,  2005,  the  parties  mutually  agreed  to terminate the contract
effective  immediately.  TwentyTen Investments Corp. has agreed to return to the
Company  the  400,000 common shares issued.  In consideration of the termination
of the contract and work performed to date by TwentyTen Investments, the Company
will  issue  40,000  common  shares  to  Twenty  Ten  Investments.

e)     At  the  time  the  Company  signed  its  initial Agreement with Riskebiz
Internet  Services  (Note  5(b)), the Company believed it might realize at least
the  acquisition value from the RISKeye mobile technology. The Company has since
reviewed  this  acquisition,  and  the  Company  has come to the conclusion that
development  is  not  materializing  as  originally  anticipated.

On  April  21,  2005,  the  parties  mutually  agreed to terminate the 'RISKeye'
contract effective immediately. Riskebiz has agreed to return to the Company the
200,000  shares  issued  for  the  'RISKeye'  mobile  viewing  technology.  In
consideration  of  the termination of the contract and work performed to date by
Riskebiz  Internet  Services,  the  Company  will  issue 20,000 common shares to
Riskebiz  Internet  Services.


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

There  are  no  reportable  disagreements  on accounting or financial disclosure
issues.

ITEM  8A.  CONTROLS  AND  PROCEDURES
------------------------------------

(a)  Evaluation  of  disclosure  controls  and  procedures

Our  President  and  Principal Executive Officer and our Chief Financial Officer
evaluated  our  "disclosure  controls and procedures" (as defined in Rule 13a-14
(c)  of  the  Exchange  Act)  as  of the end of the small business issuer's most
recent fiscal year. Our Officers have concluded that our disclosure controls and

<PAGE>

procedures  are effective and designed to ensure that information required to be
disclosed  by  our  Company  in  its  periodic  reports  that are required to be
disclosed  in  the  reports  that  we  file  or submit under the Exchange Act is
accumulated,  recorded,  processed,  summarized  and  reported,  within  the
appropriate  time  periods  specified  by  the SEC, and that such information is
accumulated  and  communicated  to  our  Company's CEO and CFO as appropriate to
allow  timely  decisions  to  be  made  regarding  required  disclosure.

(b)  Changes  in  internal  controls.

Subsequent  to  the  date  of their evaluation, there were no corrective actions
taken  by  our  Company  or  other  changes made to these internal controls. Our
Company's  management  does not believe there were changes in other factors that
could  significantly  affect  these  controls  subsequent  to  the  date  of the
evaluation.

PART  III

ITEM  9.  DIRECTORS,  EXECUTIVE  OFFICERS,  PROMOTERS  AND  CONTROL  PERSONS
----------------------------------------------------------------------------

This  table sets forth the name, age and position of each director and executive
officer  of  the  Company  :

NAME                               AGE     POSITION
----                               ---     --------
Vivian  Kane                        47     President
Kevin  Day                          33     Director
Barry  Soper                        56     Director

Vivian  Kane - President and Acting CEO since September 24, 2004, Ms. Kane has a
B.A.  from the University of Alberta and a Project Management Professional (PMP)
certification  from  the  Project  Management Institute (USA). She has completed
additional  studies  specializing  in venture development, entrepreneurship, and
intellectual  property.  Ms.  Kane has over 20 years experience in both business
management  and project management, including: leadership, strategy, operations,
finance,  HR  &  training,  large  portfolio  management,  business  process
engineering,  change  management,  and  risk management. Her industry experience
includes  IT,  finance,  professional services, education, genomics, health, and
utilities.  Prior  to  that  time,  from August  2001 to June 2004, Ms. Kane was
Executive Director of Operations for Genome BC a start-up organization that is a
leader  in international genomics. Prior to that, Ms. Kane was President of Kane
Systems  Inc.,  a  consulting  company.

Kevin  Day  - Director since August 20, 2003, and President from August 20, 2003
until  September  24,  2005, and acting CFO. Mr. Day is President and founder of
Riskebiz  Internet  Services  Inc.,  a  Vancouver based business in the computer
programming field. He is also President and co-founder of Feed Me Sports Inc., a
company  that  publishes  and  distributes  wireless web services for the sports
industry.

Barry  Soper  -  Director.  Mr.  Soper,  a graduate of the University of British
Columbia,  is  a Certified Financial Planner and is a certified advisor with the

<PAGE>

Canadian  Association  of  Senior  Advisors.  (Mr.  Soper,  who  has 25 years of
experience  as  an  investment  and asset management advisor for many investment
groups,  also  has  a decorated sports history.) Mr. Soper and his wife, Louise,
were  Canadian  Ice  Dance  Champions  and  World  Ice  Dance  competitors  from
1971-1974.  In  1979,  the Sopers were inducted into the British Columbia Sports
Hall of Fame. From 1966 to 1999, Mr. Soper participated in amateur sports at the
national  level  as  a  competitor,  coach and an elected member of the Board of
Directors  of the Canadian Figure Skating Association. Mr. Soper's sports resume
includes  significant  experience  with  elite,  large-scale sporting events and
strong  connections  at  the  elite  levels  of  the  sporting  business.

ITEM  10.  EXECUTIVE  COMPENSATION
----------------------------------

No  officer  or  director  of the Company has received any remuneration from the
Company,  in  their  capacity  as  an  officer  or  director.  Kane Systems Inc.
receives  fees  for management services, provided to the Company, as detailed in
Item  12.


ITEM  11.  SECURITY  OWNERSHIP  OF  CERTAIN  BENEFICIAL  OWNERS  AND  MANAGEMENT
--------------------------------------------------------------------------------

The following table sets forth as of April 15, 2005 certain information known to
the  Company  regarding  the beneficial ownership of the Company's common stock,
and as adjusted to reflect the share ownership for (i) each executive officer or
director  of  the  Company  who  beneficially owns shares; (ii) each stockholder
known to the Company to beneficially own five percent or more of the outstanding
shares  of its common stock; and (iii) all executive officers and directors as a
group.  The  Company  believes  that  the  beneficial owners of the common stock
listed  below,  based  on  information  furnished  by  such  owners,  have  sole
investment  and  voting  power with respect to such shares, subject to community
property  laws  where  applicable.


                                              NUMBER  OF          PERCENTAGE  OF
     NAME                                    SHARES  HELD          SHARES  OWNED
     ----                                    ------------          -------------

     Kevin  Day,  Director                       100,000               .0085%
     1106  -980  Seymour  Street
     Vancouver,  B.C.  V6B1B5  CANADA

     TwentyTen  Investments                      480,000               .041%

     Vivian  Kane,  President                          0              0.0%
     Vancouver,  BC

     Barry  Soper,  Director                           0              0.0%
     Vancouver

ALL  EXECUTIVE  OFFICERS  AND                    580,000               .0495%
DIRECTORS  AS  A  GROUP  (3  persons)

<PAGE>


CHANGE  IN  CONTROL

The  Company  is  not  aware  of  any  arrangement  that would upset the control
mechanisms  currently  in  place.  Although it is conceivable that a third party
could  attempt  a  hostile takeover of the Company, the Company has not received
notice  of  any  such  effort.


ITEM  12.  CERTAIN  RELATIONSHIPS  AND  RELATED  TRANSACTIONS
-------------------------------------------------------------

On  October  29, 2004, the Company entered into an Asset Purchase Agreement with
Riskebiz  Internet Services Inc., to acquire the assets, known as RISKeye Mobile
Viewing  and  Surveillance Technology, owned by Riskebiz. The Company issued two
hundred thousand  (200,000) shares of restricted common stock for the asset. Mr.
Kevin Day, who is a Director of the Company, is the President and majority owner
of  Riskebiz.  Subsequent  to  the Agreement with Riskebiz Internet Services, on
April  21, 2005, the parties mutually agreed to terminate the 'RISKeye' contract
effective  immediately.

Kane  Systems  Inc.  has  signed  4 contracts with Snocone since 2002 to provide
Snocone  with  business analyses and management services regarding the Company's
technology,  product  development,  business  strategy, operations, projects and
plans.  Kane  Systems  Inc.  is  100%  owned  by  Vivian Kane.  Summaries of the
contracts are as follow:  (1) For the first contract in the amount of $19,500.00
Cdn,  dated  September  21,  2002,  Kane  Systems  researched and wrote a Market
Feasibility  Study  to  assess  the viability of Snocone's software in the human
genome  research market.  (2) For the second contract in the amount of $5,000.00
Cdn,  dated  June 14, 2004, Kane Systems carried out a Business Evaluation Study
to  assess  the  viability  of  Snocone's  business,  corporate  structure  and
acquisitions,  including  the direction of Snocone's genomics research software.
(3)  For  the  third  contract,  dated September 24, 2004, Kane Systems provided
management  services  to  guide  Snocone  in  the  development  of its business,
products  and  services  for  1  year to September 30, 2005 for a monthly fee of
$2,000.00  Cdn.  As  part  of  this  contract,  Vivian  Kane assumed the role of
President  of  Snocone.  (4)  For the fourth contract in the amount of $5,000.00
Cdn,  dated  November 5, 2004, Kane Systems defined a new 6 to 12 month Business
Strategy  and  Budget  for Snocone, and wrote a Use of Funds document and budget
for  presentation  to  prospective  financiers  and  investors  of  Snocone. Fee
payments to Kane Systems have varied from the contracted amounts as follows. (1)
Related to the contract of June 14, 2004, Kane Systems carried out extra work in
August  2004, developing a new Business Strategy and Plan for Snocone for a flat
fee  of  $4,000.00 Cdn.  (2) Related to the contract of September 24, 2004, Kane
Systems  varied  the  volume  of  its management services from November 2004 on,
resulting  in a total fee from November 2004 to April 2005 of $1,500.00 Cdn less
than  the  contracted  amount.

ITEM  13.  EXHIBITS  AND  REPORTS  ON  FORM  8-K
------------------------------------------------

EXHIBITS:  None.

REPORTS  ON  FORM  8-K:

8-K  filed  11-04-2004

<PAGE>

8-K  filed  11-23-2004
8-K  filed  12-03-2004
8-K  filed  04-01-2005
8-K  filed  04-07-2005

ITEM  14.  PRINCIPAL  ACCOUNTANT  FEES  AND  SERVICES

Table  of  Audit  Fees  paid  to  Morgan  &  Company.

Morgan & Company   Audit Services   Audit Related Fees    Tax Fees   Other Fees
2003                  2,782.00               0                0          0
2004                 21,000.00               0                0          0

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.

                              SNOCONE SYSTEMS INC.

Date:    April  21,  2005                         By:       /s/  Vivian  Kane
      -------------------                                 -------------------
                                                Name:            Vivian  Kane
                                                          -------------------
                                               Title:            President
                                                          -------------------


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


By:  /s/  Kevin  Day     Date:  April  21,  2005
  ------------------
Kevin  Day
Director


By:  /s/  Barry  Soper    Date:  April  21,  2005
  --------------------
Barry  Soper
Director


<PAGE>



CERTIFICATIONS  OF CEO PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002
                                                                   Exhibit  31.1

                                 CERTIFICATIONS

I,  Vivian  Kane,  certify  that

1.  I  have  reviewed this annual report on Form 10-KSB of Snocone Systems Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a
material  fact or omit to state a material fact necessary to make the statements
made,  in  light of the circumstances under which such statements were made, not
misleading  with  respect  to  the  period  covered  by  this  report;

3.  Based  on  my  knowledge,  the  financial  statements,  and  other financial
information included in this report, fairly present in all material respects the
financial  condition,  results of operations and cash flows of the registrant as
of,  and  for,  the  periods  presented  in  this  report;

4.  The  registrant's  other  certifying  officer  and  I  are  responsible  for
establishing  and  maintaining disclosure controls and procedures (as defined in
Exchange  Act  Rules  13a-15(e)  and  15d-15(e))  for  the  registrant and have:

a)  Designed  such disclosure controls and procedures, or caused such disclosure
controls  and  procedures  to  be designed under our supervision, to ensure that
material  information  relating  to  the  registrant, including its consolidated
subsidiaries,  is made known to us by others within those entities, particularly
during  the  period  in  which  this  report  is  being  prepared;

b)  Evaluated  the  effectiveness  of  the  registrant's disclosure controls and
procedures  and presented in this report our conclusions about the effectiveness
of  the  disclosure controls and procedures, as of the end of the period covered
by  this  report  based  on  such  evaluation;  and

c) Disclosed in this report any change in the registrant's internal control over
financial  reporting  that  occurred  during the registrant's most recent fiscal
quarter (the registrant's fourth fiscal quarter in the case of an annual report)
that  has materially affected, or is reasonably likely to materially affect, the
registrant's  internal  control  over  financial  reporting;  and

5.  The registrant's other certifying officer and I have disclosed, based on our
most  recent  evaluation  of  internal  control over financial reporting, to the
registrant's auditors and the audit committee of registrant's board of directors
(or  persons  performing  the  equivalent  functions):

a)  All  significant  deficiencies  and  material  weaknesses  in  the design or
operation  of  internal  control  over  financial reporting which are reasonably
likely  to  adversely  affect  the  registrant's  ability  to  record,  process,
summarize  and  report  financial  information;  and

b)  Any  fraud,  whether  or  not  material,  that  involves management or other
employees  who have a significant role in the registrant's internal control over
financial  reporting.

April  21,  2005
/s/  Vivian  Kane
-----------------
Vivian  Kane
Acting  Chief  Executive  Officer

<PAGE>

CERTIFICATIONS  OF CFO PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002
                                                                   Exhibit  31.2

                                 CERTIFICATIONS

I,  Kevin  Day,  certify  that:

1.  I  have  reviewed this annual report on Form 10-KSB of Snocone Systems Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a
material  fact or omit to state a material fact necessary to make the statements
made,  in  light of the circumstances under which such statements were made, not
misleading  with  respect  to  the  period  covered  by  this  report;

3.  Based  on  my  knowledge,  the  financial  statements,  and  other financial
information included in this report, fairly present in all material respects the
financial  condition,  results of operations and cash flows of the registrant as
of,  and  for,  the  periods  presented  in  this  report;

4.  The  registrant's  other  certifying  officer  and  I  are  responsible  for
establishing  and  maintaining disclosure controls and procedures (as defined in
Exchange  Act  Rules  13a-15(e)  and  15d-15(e))  for  the  registrant and have:

a)  Designed  such disclosure controls and procedures, or caused such disclosure
controls  and  procedures  to  be designed under our supervision, to ensure that
material  information  relating  to  the  registrant, including its consolidated
subsidiaries,  is made known to us by others within those entities, particularly
during  the  period  in  which  this  report  is  being  prepared;

b)  Evaluated  the  effectiveness  of  the  registrant's disclosure controls and
procedures  and presented in this report our conclusions about the effectiveness
of  the  disclosure controls and procedures, as of the end of the period covered
by  this  report  based  on  such  evaluation;  and

c) Disclosed in this report any change in the registrant's internal control over
financial  reporting  that  occurred  during the registrant's most recent fiscal
quarter (the registrant's fourth fiscal quarter in the case of an annual report)
that  has materially affected, or is reasonably likely to materially affect, the
registrant's  internal  control  over  financial  reporting;  and

5.  The registrant's other certifying officer and I have disclosed, based on our
most  recent  evaluation  of  internal  control over financial reporting, to the
registrant's auditors and the audit committee of registrant's board of directors
(or  persons  performing  the  equivalent  functions):

a)  All  significant  deficiencies  and  material  weaknesses  in  the design or
operation  of  internal  control  over  financial reporting which are reasonably
likely  to  adversely  affect  the  registrant's  ability  to  record,  process,
summarize  and  report  financial  information;  and

b)  Any  fraud,  whether  or  not  material,  that  involves management or other
employees  who have a significant role in the registrant's internal control over
financial  reporting.

April  21,  2005
/s/  Kevin  Day
------------------
Kevin  Day,
Acting  Chief  Financial  Officer

<PAGE>


CERTIFICATIONS  PURSUANT  TO  SECTION  906  OF  THE  SARBANES-OXLEY  ACT OF 2002
                                                                    Exhibit 32.1

                           CERTIFICATIONS PURSUANT TO
                  SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002
                            (18 U.S.C. SECTION 1350)

In  connection  with  the  Annual  Report  of  Snocone  Systems  Inc.,  a Nevada
corporation  (the  "Company"), on Form 10-KSB for the fiscal year ended December
31,  2004,  as filed with the Securities and Exchange Commission (the "Report"),
Vivian  Kane,  Acting  Chief Executive Officer of the Company do hereby certify,
pursuant  to  Sec.  906 of the Sarbanes-Oxley Act of 2002 (18 U.S.C. Sec. 1350),
that  to  his  knowledge:

     (1)  The  Report  fully  complies with the requirements of section 13(a) or
15(d)  of  the  Securities  Exchange  Act  of  1934;  and

     (2)  The  information  contained  in  the  Report  fairly  presents, in all
material  respects,  the  financial  condition  and  result of operations of the
Company.


 By:      /s/  Vivian  Kane
          -----------------

 Name:    Vivian  Kane

 Title:   Acting  Chief  Executive  Officer

 Date:    April  21,  2005

[A  signed  original  of this written statement required by Section 906 has been
provided  to  Snocone  Systems Inc. and will be retained by Snocone Systems Inc.
and  furnished  to  the  Securities  and  Exchange  Commission or its staff upon
request.]

<PAGE>


CERTIFICATIONS  PURSUANT  TO  SECTION  906  OF  THE  SARBANES-OXLEY  ACT OF 2002
                                                                    Exhibit 32.2

                           CERTIFICATIONS PURSUANT TO
                  SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002
                            (18 U.S.C. SECTION 1350)

In  connection  with  the  Annual  Report  of  Snocone  Systems  Inc.,  a Nevada
corporation  (the  "Company"), on Form 10-KSB for the fiscal year ended December
31,  2004,  as filed with the Securities and Exchange Commission (the "Report"),
Kevin  Day,  Acting  Chief  Financial  Officer of the Company do hereby certify,
pursuant  to  Sec.  906 of the Sarbanes-Oxley Act of 2002 (18 U.S.C. Sec. 1350),
that  to  his  knowledge:

     (1)  The  Report  fully  complies with the requirements of section 13(a) or
15(d)  of  the  Securities  Exchange  Act  of  1934;  and

     (2)  The  information  contained  in  the  Report  fairly  presents, in all
material  respects,  the  financial  condition  and  result of operations of the
Company.


 By:      /s/  Kevin  Day
          ---------------

 Name:    Kevin  Day

 Title:   Acting  Chief  Financial  Officer

 Date:    April  21,  2005

[A  signed  original  of this written statement required by Section 906 has been
provided  to  Snocone  Systems Inc. and will be retained by Snocone Systems Inc.
and  furnished  to  the  Securities  and  Exchange  Commission or its staff upon
request.]