UNITED STATES
                    SECURITIES AND EXCHANGE COMMISSION


                           Washington, DC 20549

                                Form 10-KSB
 (Mark One)
     [X]   ANNUAL REPORT UNDER SECTION 13 or 15(d) OF THE
           SECURITIES EXCHANGE ACT OF 1934
                For the fiscal year ended May 31, 2007

     [ ]   TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE
           SECURITIES EXCHANGE ACT OF 1934
                For the transition period from__________to__________


                    Commission File Number 000-23617

                            eCom eCom.com, Inc.
------------------------------------------------------------------------
    (Exact name of small business issuer as specified in its charter)

          Florida                                       65-0538051
-------------------------------------       ----------------------------
 (State or other jurisdiction of                      (I.R.S. Employer
 incorporation or organization)                      Identification No.)

                       1016 Clemmons St., Suite 302
                          Jupiter, Florida 33477
                 ----------------------------------------
                 (Address of principal executive offices)

               (Issuer's telephone number)   (561) 745-6789


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

Securities registered under Section 12(g) of the Exchange Act: None

Check whether the issuer is not required to file reports pursuant to Section
13 or 15(d) of the Exchange Act.    Yes [X] No [ ]

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

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

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

State issuer's revenue for its most recent fiscal year. [ $ 0 ]

State the aggregate market value of the voting and non-voting common equity held
by non-affiliates computed by reference to the price at which the common equity
was sold, or the average bid and asked price of such common equity, as of a
specified date within the past 60 days. (See definition of affiliate in Rule
12b-2 of the Exchange Act.)       [ $ 311,666 ]

     (ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PAST FIVE YEARS)

Check whether the issuer has filed all documents and reports required to be
filed by Section 12, 13 or 15(d) of the Exchange Act after the distribution of
securities under a plan confirmed by a court    Yes [X]   No [ ]


State the number of shares outstanding of each of the issuer's classes of
common equity, as of the latest practicable date.  [As of May 31, 2007, the
issuer had 89,707,821 shares of common stock, $.0001 Par Value, outstanding.]

Documents incorporated by reference: None

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

                              TABLE OF CONTENTS                         Page
                                    PART I
Item 1.  Description of Business                                          3
Item 2.  Description of Properties                                        5
Item 3.  Legal Proceedings                                                5
Item 4.  Submission of Matters to a Vote of Security Holders              6
                                   PART II
Item 5.  Market for the Registrant's Common Equity and Related
         Shareholder Matters                                              6
Item 6.  Management's Discussion and Analysis of Financial Conditions
         and Results of Operations                                        7
Item 7.  Financial Statements                                           F-3
Item 8.  Disagreements on Accounting and Financial Disclosures           26
Item 8A  Controls and Procedures                                         26
                                   PART III
Item 9.  Directors and Executive Officers of the Registrant              27
Item 10. Executive Compensation                                          29
Item 11. Security Ownership of Certain Beneficial Owners and Management  30
Item 12. Certain Relationships and Related Transactions                  30
Item 13. Exhibits, Financial Statements and Reports on Form 8-K          31
         Additional Information
Item 14. Principal Accountant Fees & Services                            35
Signatures                                                               35
Certification                                                            36
    Exhibit 31.1  Certification required under Section 302 of            36
                   The Sarbanes-Oxley Act of 2002 by the CEO
    Exhibit 31.2  Certification required under Section 302 of            37
                   The Sarbanes-Oxley Act of 2002 by the CFO
    Exhibit 32    Certification of CEO and CFO Pursuant to               38
                   Section 906 of the Sarbanes-Oxley Act

* This document incorporates into a single document the requirements of the
Securities and Exchange Commission for the Annual Report to Stockholders and
the Form 10-KSB.
ECOM ECOM.COM, INC.

Special Note Regarding Forward-Looking Statements:
This Form 10-KSB may contain forward-looking statements. These statements relate
to our expectations for future events and future financial performance.
Generally, the words "intend", "expect", "anticipate", "estimate", or continue",
and similar expressions identify forward-looking statements. Forward-looking
statements involve risks and uncertainties, and future events and circumstances
could differ significantly from those anticipated in the forward-looking
statements. These statements are only predictions. Factors which could affect
our financial results are described in Item 6 of Part II of this Form 10-KSB.
Readers are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date hereof. Although we believe that the
expectations reflected in the forward-looking statements are reasonable, we
cannot guarantee future results, levels of activity, performance or
achievements. We do not, nor have we authorized any other person to, assume
responsibility for the accuracy and completeness of the forward-looking
statements. We undertake no duty to update any of the forward-looking statements
after the date of this report.

                                   PART I
ITEM 1. DESCRIPTION OF BUSINESS

The Company was incorporated in the State of Florida on June 14, 1994.
eCom.Com, Inc. ("eCom") is referred to as "the Company", "it" or "eCom". On
March 8, 2007 the Company moved its main office to 1016 Clemmons St., Suite 302,
Jupiter, FL 33477-3305, and the telephone number changed to (561) 745-6789.

During the fiscal year ending May 31, 2005 eCom focused on separating all ten of
its current business segments, USA SportsNet, Inc., USA Performance Products,
Inc., eSecureSoft Corp., USAS Digital, Inc., Pro Card Corporation, AAB National
Company, A Classified Ad, Inc., Swap and Shop.net Corp., A Super Deal.com, Inc.
and MyZipSoft, Inc.

This plan was undertaken for the purposes of allowing the management and
employees the opportunity to operate each segment independently.  Also, to
have the ability for each segment, to raise its own funding for growth and
expansion.  On June 4, 2004 the Company spun-off each of the above listed
companies into separate public companies.

On December 1, 2003, the Board of Directors of eCom approved the spin-off of
eCom's ten (10) operating subsidiary companies, pursuant to SEC Staff Legal
Bulletin No. 4.  On December 18, 2003, USA SportsNet, Inc. entered into a
definitive Asset Acquisition Agreement with American Capital Holdings, Inc.,
("ACHI")  The Date of Record for the first spin-off, USA SportsNet,
Inc. (later renamed American Capital Holdings, Inc., Cusip No. 02503V 10 9/SEC
CIK No. 0001288010)was January 5, 2004.  The Date of Record for the second
spin-off, MyZipSoft, Inc. (Standard & Poor's Cusip No. 628703 10 0/SEC CIK No.
0001290785) was February 23, 2004, and the shares of MyZipSoft were
distributed to its shareholders on June 2, 2005.

On March 2, 2004, the Board of Directors of eCom approved the spin off of the
remaining eight (8) spin off companies in which the Board of Directors voted
to issue to their shareholders one (1) share of the company for every one (1)
share of eCom owned with a record date to be announced, pursuant to the advice
of SEC Staff Legal Bulletin No. 4.
                                     3
ECOM ECOM.COM, INC.

ITEM 1. DESCRIPTION OF BUSINESS (CONTINUED)

On November 29, 2004 an involuntary petition was filed against eCom eCom.com,
Inc. in the United States Southern District Bankruptcy Court (In Re: Case No.
04-34535 BKC-SHF)under Title 11, Chapter 11 of the United States Bankruptcy Code
by petitioning creditors, American Capital Holdings, Inc., Richard Turner,
Barney A. Richmond, and ACHI, Inc.  The Bankruptcy proceedings were initiated in
an effort to implement a viable plan for reimbursement of costs incurred by
American Capital Holdings, Inc., the petitioning creditors, and all other
creditors/vendors who have not been paid. Most importantly, the proceedings
will enable Mr. Richmond to initiate reorganization plans in an effort to
restore the shareholder value lost by approximately 6,000 shareholders.  A copy
of the June 2, 2005 Chapter 11, Title 11 Amended Involuntary Petition of eCom is
posted on eCom's website, www.ecomecom.net.

A detailed history is available on eCom eCom.com's 10KSB filing of May 31,
2006, SEC accession number 0001000459-06-000005.

On August 18, 2006 the 'Joint Plan of Reorganization of Debtor and American
Capital Holdings, Inc.' was filed with the United States Southern District
Bankruptcy Court.

On August 25, 2006 the accompanying 'Disclosure Statement for Joint Plan of
Reorganization of Debtor and American Capital Holdings, Inc.' was filed with the
U.S. Bankruptcy Court.

On December 28, 2006 the 'First Amended Joint Plan of Reorganization of Debtor
and American Capital Holdings, Inc.' and 'First Amended Disclosure Statement for
First Amended Joint Plan of Reorganization of Debtor and American Capital
Holdings, Inc.' were filed with the Unites States Bankruptcy Court, Southern
District of Florida, West Palm Beach Division, see exhibits 99.1 and 99.2.

The plan, which is subject to Bankruptcy Court approval, calls for the issuance
of Thirty One Million Five Hundred Ninety Three Thousand Sixty Four (39,093,064)
Common Shares to the Creditors listed in Exhibit "A" of the Plan.  It is the
intent of American Capital Holdings, Inc., if the Plan of Reorganization is
confirmed by the Bankruptcy Court, to distribute Twenty Three Million Two
Hundred Eight Thousand Three Hundred Eight One (23,280,381) common shares as a
dividend to American Capital Holdings, Inc's  shareholders.  The proposed date
of record for this proposed stock dividend, which is subject to Bankruptcy Court
approval, will be five (5) business days subsequent to the Plan of
Reorganization's final hearing by the Bankruptcy Court.  A status conference is
scheduled for September 10, 2007.  Prior to the distribution of the eCom shares,
American Capital Holdings is going to verify that it is not deemed an
underwriter by the SEC.  If American Capital Holdings is deemed to be an
underwriter of securities, additional registrations may be required which could
delay the stock distribution.

A transcript of the March 12, 2007 confirmation hearing is attached to the 10QSB
filing of February 28, 2007 as Exhibit 99.1, SEC accession number 0001000459-07-
000007.  The Order Confirming the First Amended Joint Plan of Reorganization of
Debtor and American Capital Holdings, Inc. as Modified was signed by Judge
Friedman on March 23, 2007 and is attached to the 10QSB filing of February 28,

                                      4
ECOM ECOM.COM, INC.

ITEM 1. DESCRIPTION OF BUSINESS (CONTINUED)

2007 as Exhibit 99.2, SEC accession number 0001000459-07-000007.  This order may
also be viewed at the eCom website www.ecomecom.net under the bankruptcy news
information link.  Two post confirmation status conferences were held on May 14,
2007 and June 12, 2007 to consider the fee applications of the attorney fees of
Kluger, Peretz, Kaplan & Berlin, PL and the outside auditor fees of Wieseneck,
Andres & Co.  A motion for entry of final decree and order closing case has been
set for September 10, 2007 at 2:30 pm at 1515 North Flagler Drive, Room 801,
West Palm Beach, Florida.

The Company does not have any off-balance sheet arrangements.

Employees.  The Company has no employees.


ITEM 2. DESCRIPTION OF PROPERTIES

The company does not own any real property. On March 8, 2007 the company moved
from 100 Village Square Crossings, Inc. Suite 202, Palm Beach Gardens, FL to
1016 Clemmons St. Suite 302, Jupiter, FL 33477.  The Jupiter property consists
of approximately 1,277 square feet of office space.  The company shares the
office with United States Financial Group, Inc.(USFG).  USFG incurred the cost
and full responsibility of the leases.  The Palm Beach Gardens lease was for a
term of one year, expired on March 15, 2007 at a rental of $2,567 per month
including sales tax covering 784 square feet of office space.  On March 15, 2007
a new lease was signed by USFG for a term of two years at a rental of $2,213 per
month.


ITEM 3. LEGAL PROCEEDINGS

On November 29, 2004, an involuntary petition was filed against eCom eCom.com,
Inc. in the United States Southern District Bankruptcy Court (In Re: Case No.
04-34535 BKC- SHF)under Title 11, Chapter 11 of the United States Bankruptcy
Code by petitioning creditors, American Capital Holdings, Inc., Richard Turner,
Barney A. Richmond, and ACHI, Inc.  The Bankruptcy proceedings were initiated in
an effort to restore the shareholder value lost by approximately 6,000+
shareholders as well as implement a viable plan for reimbursement of costs
incurred by American Capital Holdings, Inc., the petitioning creditors, and all
other creditors/vendors who have not been paid.  The aforementioned creditors
are owed in excess of $1 million dollars.  A copy of the June 2, 2005 Chapter
11, Title 11 Amended Involuntary Petition of eCom is posted on the eCom's
website, www.ecomecom.net.

On August 18, 2006 the 'Joint Plan of Reorganization of Debtor and American
Capital Holdings, Inc.' was filed with the United States Southern District
Bankruptcy Court by Kluger, Peretz, Kaplan & Berlin, the attorneys for the
Debtor, eCom eCom.com, Inc. and Schiff-Hardin LLP, the attorneys for American
Capital Holdings, Inc.  Information regarding the Joint Plan of Reorganization
can be reviewed on eComeCom.com, Inc's website at www.ecomecom.net/banknews.htm.


                                     5

ECOM ECOM.COM, INC.

The plan, which is subject to Bankruptcy Court approval,  calls for the issuance
of Thirty One Million Five Hundred Ninety Three Thousand Sixty Four (31,593,064)
Common Shares to the Creditors listed in Exhibit "A" of the Plan.  It is the
intent of American Capital Holdings, Inc., if the Plan of Reorganization is
confirmed by the Bankruptcy Court, to distribute the Twenty Three Million Two
Hundred Eight Thousand Three Hundred Eight One (23,280,381) common shares as a
dividend to American Capital Holdings, Inc's  shareholders.  The proposed date
of record for this proposed stock dividend, which is subject to Bankruptcy Court
approval, will be five (5) business days subsequent to the Plan of
Reorganization's confirmation by the Bankruptcy Court.


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

At its last annual shareholders' meeting held on April 26, 2001, the
shareholders of the Company voted to reappoint Wieseneck, Andres & Co., P.A.
as the Company's independent accountants.

On April 26, 2001 the following directors were elected to serve one-year
terms or until replaced: David J. Panaia, Richard C. Turner, and Robert C.
Wilson.  In 2003 Robert C. Wilson resigned.  In 2004, Barney A. Richmond was
appointed to fill the unexpired term of Mr. Wilson. On November 22, 2004, Barney
A. Richmond resigned as President and Director. On March 20, 2005, David J.
Panaia died. On June 16, 2005 Barney A. Richmond was appointed by the U.S.
Bankruptcy court as acting CEO.

                               PART II

ITEM 5. MARKET FOR THE COMPANY'S COMMON EQUITY AND RELATED SHAREHOLDER MATTERS

(a) Market for Common Equity
The Company's common stock is traded on the Over the Counter - Pink Sheets
under the symbol "ECEC". The CUSIP number is 27889U-10-2. Equitrade Securities
Corporation of Lake Forest, California was the lead market maker for the stock.
However, Equitrade closed its doors during 2005.The following is a table of the
high and low bid prices of the Company's stock for each of the four quarters of
the fiscal year ended May 31, 2007:
            Quarter Ended      High         Low
               5/2007         $0.012       $0.007
               2/2007          0.015        0.009
              11/2006          0.027        0.014
               8/2006          0.031        0.012
These quotations reflect interdealer prices, without retail mark-up, mark-down
or commission and may not represent actual transactions.

(b) Security Holders
The Company has approximately 4,700 shareholders of record.

(c) Dividends
There have been no cash dividends declared or paid since the inception of the
Company, and no cash dividends are contemplated to be paid in the foreseeable
future. The Company may consider a potential dividend in the future in either
common stock or the stock of future operating subsidiaries.

                                     6
ECOM ECOM.COM, INC.

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

On December 1, 2003, the Board of Directors of eCom approved the spin-off
eCom's ten (10) operating subsidiary companies.

On December 18, 2003, USA SportsNet, Inc. entered into a definitive Asset
Acquisition Agreement with American Capital Holdings, Inc.("American Capital.")
The Date of Record for the first spin-off, USA SportsNet, Inc. (later renamed
American Capital Holdings, Inc., Cusip No. 02503V 10 9/SEC CIK No. 0001288010)
was January 5, 2004. The Date of Record for the second spin-off, MyZipSoft,
Inc. (Standard & Poor's Cusip No. 628703 10 0/SEC CIK No. 0001290785) was
February 23, 2004, and the shares of MyZipSoft were distributed to its
shareholders on June 2, 2005.

On March 2, 2004, the Board of Directors of eCom approved the spinoff of the
remaining eight (8) spin off companies in which the Board of Directors voted to
issue to their shareholders one (1) share of the company for every one (1) share
of eCom owned with a record date to be announced, pursuant to the advice of SEC
Staff Legal Bulletin No. 4.

On May 24, 2004, American Capital Holdings, Inc., a spin-off of eCom formerly
known as USA SportsNet, Inc., filed a Form 10SB, file number 000-50776,
accession number 0001288012-04-000001,SEC CIK number 0001288012,with the United
States Securities & Exchange Commission ("SEC").  On July 27, 2004 American
Capital Holdings, Inc.'s Form 10SB was ruled effective by the SEC.

On June 4, 2004, a corporate resolution was proposed, passed and signed by
David Panaia, Chairman/Secretary/CEO, Richard C. Turner, Director and Treasurer
and Barney A. Richmond, Director and President.  Based on Mr. Richmond's past
restructuring experience, the new Board of Directors re-adopted the December 1,
2003 spin-off plan, pursuant to SEC Staff Legal Bulletin No.4, for the
remaining subsidiaries of eCom. The plan was to create individual public
corporations, and take whatever actions necessary to complete the process of
enhancing shareholder value, including acquisitions and/or mergers.
The individual companies are listed below:

USA Performance Products, Inc. FL Corp. No. P98000006586  Fed. ID. 65-0812050
eSecureSoft Company            FL Corp. No. P03000138385  Fed. ID. 20-1068608
USAS Digital, Inc.             FL Corp. No. P03000147667  Fed. ID. 20-1069232
Pro Card Corporation           FL Corp. No. P04000015631  Fed. ID. 20-1442373
AAB National Company           FL Corp. No. P04000019818  Fed. ID. 20-1442771
A Classified Ad, Inc.          FL Corp. No. P04000038403  Fed. ID. 20-1447963
A Super Deal.com, Inc.         FL Corp. No. P04000040174  Fed. ID. 20-1449410
Swap and Shop.net Corp.        FL Corp. No. P04000040176  Fed. ID. 20-1449332

The motion in the above described June 4, 2004 Board Resolution included the
instructions for the distribution of stock by its Transfer Agent, Florida
Atlantic Stock Transfer (FAST) to the proper entities when the share
certificates were properly exercised and costs relating to the issuance of
these shares were paid in full.  Notwithstanding, contrary to what board
members Richard Turner and Barney A. Richmond had been previously advised by
Chairman Panaia, eCom was not able to pay FAST the amounts required to send out

                                     7
ECOM ECOM.COM, INC.

ITEM 6. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
        AND RESULTS OF OPERATIONS AND PLAN OF OPERATION - (CONTINUED)

the Stock certificates to the shareholders, and accordingly, the shares were
not issued as stated.

On November 29, 2004 an involuntary petition was filed against eCom eCom.com,
Inc. in the United States Southern District Bankruptcy Court (In Re: Case No.
04-34535 BKC-SHF)under Title 11, Chapter 11 of the United States Bankruptcy Code
by petitioning creditors, American Capital Holdings, Inc., Richard Turner,
Barney A. Richmond, and ACHI, Inc.  The Bankruptcy proceedings were initiated in
an effort to implement a viable plan for reimbursement of costs incurred by
American Capital Holdings, Inc., the petitioning creditors, and all other
creditors/vendors who have not been paid. Most importantly, the proceedings
will enable Mr. Richmond to initiate reorganization plans in an effort to
restore the shareholder value lost by approximately 6,000 shareholders.  A copy
of the June 2, 2005 Chapter 11, Title 11 Amended Involuntary Petition of eCom is
posted on eCom's website, www.ecomecom.net.

A detailed history is available on eCom eCom.com's 10KSB filing of May 31,
2006, SEC accession number 0001000459-06-000005.

On August 18, 2006 the 'Joint Plan of Reorganization of Debtor and American
Capital Holdings, Inc.' was filed with the United States Southern District
Bankruptcy Court by Kluger, Peretz, Kaplan & Berlin, the attorneys for the
Debtor, eCom eCom.com, Inc. and Schiff-Hardin LLP, the attorneys for American
Capital Holdings, Inc.  Information regarding the Joint Plan of Reorganization
can be reviewed on eComeCom.com, Inc's website at www.ecomecom.net/banknews.htm.

On August 25, 2006 the accompanying 'Disclosure Statement for Joint Plan of
Reorganization of Debtor and American Capital Holdings, Inc.' was filed with the
U.S. Bankruptcy Court

The plan, which is subject to Bankruptcy Court approval, calls for the issuance
of Thirty One Million Five Hundred Ninety Three Thousand Sixty Four (31,593,064)
Common Shares to the Creditors listed in Exhibit "A" of the Plan.  It is the
intent of American Capital Holdings, Inc., if the Plan of Reorganization is
confirmed by the Bankruptcy Court, to distribute the Twenty Three Million Two
Hundred Eight Thousand Three Hundred Eight One (23,280,381) common shares as a
dividend to American Capital Holdings, Inc's  shareholders.  The proposed date
of record for this proposed stock dividend, which is subject to Bankruptcy Court
approval, will be five (5) business days subsequent to the Plan of
Reorganization's confirmation by the Bankruptcy Court.

A transcript of the March 12, 2007 confirmation hearing is attached to the 10QSB
filing of February 28, 2007 as Exhibit 99.1, SEC accession number 0001000459-07-
000007.  The Order Confirming the First Amended Joint Plan of Reorganization of
Debtor and American Capital Holdings, Inc. as Modified was signed by Judge
Friedman on March 23, 2007 and is attached to the 10QSB filing of February 28,
2007 as Exhibit 99.2, SEC accession number 0001000459-07-000007.  This order may
also be viewed at the eCom website www.ecomecom.net under the bankruptcy news
information link.  Two post confirmation status conferences were held on May 14,
2007 and June 12, 2007 to consider the fee applications of the attorney fees of

                                     8
ECOM ECOM.COM, INC.

ITEM 6. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
        AND RESULTS OF OPERATIONS AND PLAN OF OPERATION - (CONTINUED)

Kluger, Peretz, Kaplan & Berlin, PL and the outside auditor fees of Wieseneck,
Andres & Co.  A motion for entry of final decree and order closing case has been
set for September 10, 2007 at 2:30 pm at 1515 North Flagler Drive, Room 801,
West Palm Beach, Florida.

Comparison of Results of Operations - Years Ending May 31, 2007 and 2006.

Revenue for the year ended May 31, 2006 and 2007 $0.

Cost of sales decreased from $220 to $110 in the current year. Because of
the decrease in depreciation expense due to the aging of the fixed assets.
Total operating expenses for the year ended May 31, 2007 was $185,892 compared
to $54,953 for the year ended May 31, 2006.  The increase in costs was due to a
$119,812 increase in legal fees for the bankruptcy proceedings and a $11,254
increase in postage as notices were delivered to creditors and shareholders of
the Company.

The operations for the year ended May 31, 2007 resulted in a net loss of
$186,001 versus a net loss of $55,173 recorded in the year ended May 31, 2006.

No provision for federal and state income taxes has been recorded because the
Company has incurred net operating losses since inception. The net operating
loss carry-forwards as of May 31, 2007 totals approximately $7,000,000.  These
carry-forwards will be available to offset future taxable income.  If not used,
the operating loss carry-forwards will expire from 2010 to 2026.  The Company
does not believe that the realization of the related deferred income tax assets
meets the criteria required by generally accepted accounting principles and,
accordingly, deferred income tax assets have remained at $0 as of May 31, 2007.

Liquidity and Capital Resources

As of May 31, 2007, current assets totaled $9,230 compared to $66,815 at the
prior year-end.  Prepaid assets decreased to $595 from $65,027 as the retainer
paid to Kluger, Peretz as attorneys was approved by the court.  Notes Receivable
related party increased from $1,280 on May 31, 2006 to $8,544.

Accounts Payable decreased from $107,450 to $18,398 from May 31, 2006 to May 31,
2007, the result of the bankruptcy plan confirming certain debts not submitting
claims against the company.  Current liabilities decreased from $876,287 at the
end of the prior fiscal year to $147,824 at the end of the current year as a
result of issuing shares for all claims against the estate as of November 24,
2004.  One remaining debt still outstanding are the funds advanced to the
bankruptcy escrow account of $129,000 on December 13, 2006.

Net cash used in operating activities was $108,972 and $116,704 for the years
ended May 31, 2007 and 2006 respectively.

Financing activities provided $155,242 in cash during the current fiscal year
compared to $117,212 during the prior fiscal year consisting primarily of loans
from stockholders and related companies.

                                    9
ECOM ECOM.COM, INC.

To the extent that additional funds are required to support operations or to
expand our business, we may sell additional equity, issue debt or obtain other
credit facilities through financial institutions.  Any sale of additional
equity securities will result in dilution to our shareholders.


ITEM 7. FINANCIAL STATEMENTS

The audited balance sheet of the Company for its years ended May 31, 2007 and
2006 and related statements of operations, stockholders' equity and cash flows
for the years ended May 31, 2007 and 2006 are included.


The page numbers for the financial statement categories are as follows:


                      Index                                       Page

Report of Independent Registered Public Accounting Firm            F-1

Balance Sheets as of May 31, 2007 and 2006                         F-2

Statements of Operations
  for the Years Ended May 31, 2007 and 2006                        F-3

Statement of Shareholders' Deficit
  From May 31, 2004 through May 31, 2007                           F-4

Statements of Cash Flows
  for the Years Ended May 31, 2007 and 2006                        F-5

Notes to Financial Statements                                      F-7




















                                     F-1



                       WIESENECK, ANDRES & COMPANY, P.A.
                         Certified Public Accountants
                         772 U.S. HIGHWAY 1, SUITE 100
                        NORTH PALM BEACH, FLORIDA 33408
                               (561) 626-0400

THOMAS B. ANDRES, C.P.A.*, C.V.A.                     Facsimile (561) 626-3453
PAUL M. WIESENECK, C.P.A.
*Regulated by the State of Florida

            REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors and Stockholders
eCom eCom.com, Inc.
Jupiter, Florida 33477

We have audited the accompanying balance sheets of eCom eCom.com, Inc. as of May
31, 2007 and 2006 and the related statements of operations, shareholders'
deficit, and cash flows for the years then ended.  These financial statements
are the responsibility of the Company's management.  Our responsibility is
to express an opinion on these financial statements based on our audits.

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

In our opinion, the financial statements referred to above present fairly, in
all material respects, the financial position of eCom eCom.com, Inc. as of May
31, 2007 and 2006, and the results of their operations and their cash flows for
the years then ended, in conformity with accounting principles generally
accepted in the United States of America.

The accompanying financial statements have been prepared assuming that the
Company will continue as a going concern.  As discussed in Note L to the
financial statements, the Company's current liabilities exceed current assets
by $140,000 and the Company has incurred net operating losses since inception.
These conditions raise substantial doubt about its ability to continue as a
going concern.  Management's plans regarding those matters are also described
in Note L.  The financial statements do not include any adjustments that might
result from the outcome of this uncertainty.


/s/ Wieseneck, Andres & Company, P.A.

North Palm Beach
August 27, 2007

                                   F-2


ECOM ECOM.COM, INC.
BALANCE SHEETS
MAY 31, 2007 AND 2006
                                                       2007            2006
                                                ------------    ------------
                        ASSETS
Current Assets
  Cash                                              $     91       $     508
  Notes receivable - related parties                   8,544           1,280
  Prepaid expenses                                       595          65,027
                                                ------------    ------------
    Total Current Assets                               9,230          66,815
                                                ------------    ------------
Property and Equipment, net                                -             109
                                                ------------    ------------
      Total Assets                                 $   9,230       $  66,924
                                                ============    ============

        LIABILITIES AND STOCKHOLDERS' EQUITY

Liabilities Not Subject to Compromise
  Postpetition trade accounts payable              $  18,399       $   3,405
  Postpetition loans from related parties            124,738         140,693
  Accrued postpetition expenses                        4,686          11,220
                                                ------------    ------------
    Total Liabilities Not Subject to Compromise      147,823         155,318
                                                ------------    ------------
Liabilities Subject to Compromise
  Prepetition trade accounts payable                       -         114,251
  Prepetition accrued expenses                             -          44,000
  Current portion of loans from related parties            -         534,909
  Prepetition interest accrued                             -          27,809
                                                ------------    ------------
   Total Liabilities Subject to Compromise                 -         720,969
                                                ------------    ------------
      Total Liabilities                              147,823         876,287
                                                ------------    ------------
Contingencies                                              -               -

Stockholders' Equity
  Common stock, $.0001 par value, 200 million
    shares authorized, 89,707,821 and 49,955,112
    shares issued and outstanding                      8,970           4,995
  Paid-in capital                                  7,359,283       6,569,537
  Retained Earnings(Deficit)                      (7,506,846)     (7,383,895)
                                                ------------    ------------
    Total Stockholders' (Deficit)                   (138,593)       (809,363)
                                                ------------    ------------
    Total Liabilities and Stockholders' Equity     $   9,230       $  66,924
                                                ============    ============



The accompanying notes are an integral part of these financial statements.


                                   F-3
ECOM ECOM.COM, INC.
STATEMENTS OF OPERATIONS
FOR THE YEARS ENDED
MAY 31, 2007 AND 2006
                                            2007                   2006
                                     ------------           ------------
Revenues
  Net Sales                          $         -            $         -
  Cost of Sales                             (110)                  (220)
                                     ------------           ------------
     Gross Profit                           (110)                  (220)
                                     ------------           ------------

Other Operating Expenses
  General and administrative             185,891                 54,953
  Amortization                                 -                      -
                                     ------------           ------------
     Total Operating Expenses            185,891                 54,953
                                     ------------           ------------

Loss from Operations                    (186,001)               (55,173)
                                     ------------           ------------

Other Income (Expense)
  Interest expense                        (4,695)                  (119)
  Loss on disposal of asset                    -               (235,829)
  Gain on debt write off per
   Bankruptcy Order                       67,745                      -
                                     ------------           ------------
     Net Other Expense                    63,050               (235,948)
                                     ------------           ------------

Net Income (Loss)                    $  (122,951)           $  (291,121)
                                     ============           ============

Basic and Diluted Loss Per Share     $     (.002)           $     (.006)
                                     ============           ============

Weighted Average Shares Outstanding   54,202,662              49,955,112
                                     ============           ============











The accompanying notes are an integral part of these financial statements.




                                   F-4

ECOM ECOM.COM, INC.
STATEMENTS OF SHAREHOLDERS' DEFICIT
FROM MAY 31, 2004, THROUGH MAY 31, 2007


                                  ---------- Common Stock  -----------
                    Number      At      Add'l                    Total
                      of        Par    Paid In   Accumulated  Stockholder
                    Shares    Value    Capital    (Deficit)    (Deficit)
                  ----------  ------   -------  ------------  -----------
Consolidated Balance at
  May 31, 2004    49,955,112  $4,995  $6,579,537 $(7,053,112)  $(468,580)

Elimination of
 Subsidiaries
 Consolidated Losses at
 Spin Off (see Note I)     -       -     (10,000)    187,925     177,925

Assets Distributed
 as Dividends at
 Spin Off (see Note I)     -       -           -     (96,124)    (96,124)

Net Loss                   -       -           -    (131,463)   (131,463)
                  ----------  ------   ---------- ----------- -----------
Balance,
 May 31, 2005     49,955,112   4,995   6,569,537  (7,092,774)   (518,242)

Net Loss                   -       -           -    (291,121)   (291,121)
                  ----------  ------   ---------  -----------  ----------
Balance,
 May 31, 2006     49,955,112   4,995   6,569,537  (7,383,895)   (809,363)


Stock issued per
 Bankrupcty order 39,752,709   3,975     789,746           -     793,721
 Dated 3/23/07

Net Loss                   -       -           -    (122,951)   (122,951)
                  ----------  ------   ---------  -----------  ----------
Balance,
 May 31, 2007     89,707,821  $8,970  $7,359,283 $(7,506,846) $ (138,593)
                 ===========  =======  =========  ===========  ==========






The accompanying notes are an integral part of these financial statements.





                                   F-5


ECOM ECOM.COM, INC.
STATEMENTS OF CASH FLOWS
FOR THE YEARS ENDED MAY 31, 2007 and 2006

                                                         2007         2006
                                                     ----------   ----------
Cash Flows From Operating Activities
  Cash received from customers                       $        -   $        -
  Interest income                                             -            -
  Cash paid to suppliers and employees                 (108,972)    (116,585)
  Interest paid                                               -         (119)
  Income taxes paid                                           -            -
                                                     ----------    ---------
    Net Cash Flows Used in Operating Activities        (108,972)    (116,704)
                                                     ----------    ---------
Cash Flows Provided By (Used In)
      Investing Activities                                    -            -

Cash Flows From Financing Activities
  Proceeds from New Loans                               129,000      117,212
  Proceeds of loans from Related Entities                26,242            -
  Repayment of loans                                    (46,687)           -
                                                     ----------    ---------
    Net Cash Flows Provided By Financing Activities     108,555      117,212
                                                     ----------    ---------
Net Increase (Decrease) in Cash                            (417)         508

Cash and Cash Equivalents at Beginning of Year              508            -
                                                     ----------    ---------
Cash and Cash Equivalents at End of Year            $        91  $       508
                                                     ==========   ==========














The accompanying notes are an integral part of these financial statements.






                                   F-6



ECOM ECOM.COM, INC.
STATEMENTS OF CASH FLOWS
FOR THE YEARS ENDED MAY 31, 2007 and 2006


                                                            2007        2006
                                                      ----------   ----------
Supplemental Schedule of Non-Cash Financing Activities

  Dividends were paid by the distribution of certain
     assets to the various spin-off companies        $        -   $        -


Reconciliation of Net Loss to Net Cash Flows Used in Operating Account

Net Loss                                             $ (122,951)  $ (291,121)
  Add items not requiring outlay of cash:
    Depreciation and amortization                           110          220
    Write off of Related Party
       Notes Receivable                                       -      225,966
    Discharge of Notes Payable                         (676,638)           -
    Stock issued for payment of discharged debt         793,721            -
  Cash was increased by:
    Decrease in prepaid expenses                         64,432            -
  Cash was decreased by:
    Increase in prepaid assets                                -      (51,101)
    Decrease in accounts payable                        (89,303)        (668)
    Decrease in accrued expenses                        (50,534)           -
    Decrease in accrued interest payable                (27,809)
                                                      ----------   ----------
      Net Cash Flows Used in Operating Activities    $ (108,972) $  (116,704)
                                                      ==========   ==========



















The accompanying notes are an integral part of these financial statements.



                                   F-7

ECOM ECOM.COM, INC.
NOTES TO FINANCIAL STATEMENTS

NOTE A - NATURE OF OPERATIONS

eCom eCom.com, Inc. ("eCom" or "the Company") was incorporated in the State of
Florida on June 14, 1994. During the fiscal year ending May 31, 2005 eCom
focused on separating all ten of its current business segments, USA
SportsNet, Inc., USA Performance Products, Inc., eSecureSoft Corp., USAS
Digital, Inc., Pro Card Corporation, AAB National Company, A Classified Ad,
Inc., Swap and Shop.net Corp., A Super Deal.com, Inc. and MyZipSoft, Inc.

This plan was undertaken for the purposes of allowing the management and
employees the opportunity to operate each segment independently.  Also, to
have the ability for each segment, to raise its own funding for growth and
expansion.  On June 4, 2004 the Company spun-off each of the above listed
companies into separate public companies.

On December 1, 2003, the Board of Directors of eCom approved the spin-off of
eCom's ten (10) operating subsidiary companies, pursuant to SEC Staff Legal
Bulletin No. 4. On December 18, 2003, USA SportsNet, Inc. entered into a
definitive Asset Acquisition Agreement with American Capital Holdings, Inc.,
("ACHI")  The Date of Record for the first spin-off, USA SportsNet,
Inc. (later renamed American Capital Holdings, Inc., Cusip No. 02503V 10 9/SEC
CIK No. 0001288010)was January 5, 2004.  The Date of Record for the second
spin-off, MyZipSoft, Inc. (Standard & Poor's Cusip No. 628703 10 0/SEC CIK No.
0001290785) was February 23, 2004, and the shares of MyZipSoft were
distributed to its shareholders on June 2, 2005.

On March 2, 2004, the Board of Directors of eCom approved the spin off of the
remaining eight (8) spin off companies in which the Board of Directors voted
to issue to their shareholders one (1) share of the company for every one (1)
share of eCom owned with a record date to be announced, pursuant to the advice
of SEC Staff Legal Bulletin No. 4.

Due to the dilemma caused as a direct result of Mr. Panaia's refusal to
address the monies advanced to eCom by American Capital, on November 22, 2004,
Barney A. Richmond resigned as an Officer and Director of eCom.  On November
29, 2004 an involuntary petition was filed against eCom eCom.com, Inc. in the
United States Southern District Bankruptcy Court (In Re: Case No. 04-34535
BKC-SHF)under Title 11, Chapter 11 of the United States Bankruptcy Code by
petitioning creditors, American Capital Holdings, Inc., Richard Turner, Barney
A. Richmond, and ACHI, Inc.  The Bankruptcy proceedings were initiated in an
effort to implement a viable plan for reimbursement of costs incurred by
American Capital Holdings, Inc., the petitioning creditors, and all other
creditors/vendors who have not been paid. Most importantly, the proceedings
will enable Mr. Richmond to initiate reorganization plans in an effort to
restore the shareholder value lost by approximately 6,000 shareholders.  The
aforementioned creditors are owed in excess of $1 million dollars.  A copy of
the June 2, 2005 Chapter 11, Title 11 Amended Involuntary Petition of eCom is
posted on eCom's website, www.ecomecom.net.  A detailed history is available on
eCom eCom.com's 10K-SB filing at May 31, 2006.



                                   F-8

ECOM ECOM.COM, INC.
NOTES TO FINANCIAL STATEMENTS

NOTE A - NATURE OF OPERATIONS - (CONTINUED)


On August 18, 2006 the 'Joint Plan of Reorganization of Debtor and American
Capital Holdings, Inc.' was filed with the United States Southern District
Bankruptcy Court.

On August 25, 2006 the accompanying 'Disclosure Statement for Joint Plan of
Reorganization of Debtor and American Capital Holdings, Inc.' was filed with the
U.S. Bankruptcy Court.

On December 28, 2006 the 'First Amended Joint Plan of Reorganization of Debtor
and American Capital Holdings, Inc.' and 'First Amended Disclosure Statement for
First Amended Joint Plan of Reorganization of Debtor and American Capital
Holdings, Inc.' were filed with the Unites States Bankruptcy Court, Southern
District of Florida, West Palm Beach Division, see exhibits 99.1 and 99.2.

The plan, which is subject to Bankruptcy Court approval, calls for the issuance
of Thirty One Million Five Hundred Ninety Three Thousand Sixty Four (39,752,709)
Common Shares to the Creditors listed in Exhibit "A" of the Plan.  It is the
intent of American Capital Holdings, Inc., if the Plan of Reorganization is
confirmed by the Bankruptcy Court, to distribute Twenty Three Million Two
Hundred Eight Thousand Three Hundred Eight One (23,280,381) common shares as a
dividend to American Capital Holdings, Inc's  shareholders.  The proposed date
of record for this proposed stock dividend, which is subject to Bankruptcy Court
approval, will be five (5) business days subsequent to the Plan of
Reorganization's final hearing by the Bankruptcy Court.  Prior to the
distribution of the eCom shares, American Capital Holdings is going to verify
that it is not deemed an underwriter by the SEC.  If American Capital Holdings
is deemed to be an underwriter of securities, additional registrations may be
required which could delay the stock distribution.

A transcript of the March 12, 2007 confirmation hearing is attached as Exhibit
99.1.  The Order Confirming the First Amended Joint Plan of Reorganization of
Debtor and American Capital Holdings, Inc. as Modified was signed by Judge
Friedman on March 23, 2007 and is attached as Exhibit 99.2.  This order may also
be viewed at the eCom website www.ecomecom.net under the bankruptcy link.  A
post confirmation status conference is scheduled for Wednesday May 9, 2007 at
1:30 pm at 1515 North Flagler Drive, Room 801, West Palm Beach, Florida.

The Company does not have any off-balance sheet arrangements.

Employees.  The Company has no employees.

NOTE B - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation, Use of Estimates

The Company maintains its accounts on the accrual basis of accounting. The
preparation of financial statements in conformity with U.S. generally accepted
contingent assets and liabilities at the date of the financial statements and


                                    F-9
ECOM ECOM.COM, INC.
NOTES TO FINANCIAL STATEMENTS

NOTE B - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

accounting principles requires management to make estimates and assumptions
that affect the reported amounts of assets and liabilities and disclosure of
the reported amounts of revenues and expenses during the reporting period.
Actual results could differ from those estimates.

Reclassification

Certain reclassifications have been made to the prior years financial statements
in order for them to be in conformity with the current years presentations.

Revenue Recognition

Revenue from the sale of compression products is also recognized at the
time the products are shipped or downloaded.

Cash

Cash consists of deposits in banks and other financial institutions having
original maturities of less than ninety days.

Allowance for Doubtful Accounts

It is the policy of management to review the outstanding accounts receivable
at year end, as well as the bad debt write-offs experienced in the past, and
establish an allowance for doubtful accounts for uncollectible amounts.

Depreciation

Property and equipment is recorded at cost and is depreciated over the
estimated useful lives of the related assets. Depreciation is computed using
the straight-line method.

Amortization

Intangible assets are amortized over the assets estimated useful life using the
straight-line method.

Inventories

Inventories are stated at the lower of cost or market using the first in
first out method.


NOTE C - PREPAID EXPENSES

Prepaid expenses consist principally of amounts paid for subscriptions and
domain name registrations.  The Company paid its attorney a retainer of
$65,000 in 2005 for representation as bankruptcy counsel.  The balance of $595
at May 31, 2007 is for domain name registrations and money held by eCom's
attorney for settlement to one equity holder who filed a claim against the
company.
                                    F-10
ECOM ECOM.COM, INC.
NOTES TO FINANCIAL STATEMENTS

NOTE D - PROPERTY AND EQUIPMENT

The following is a summary of property and equipment recorded in the
financial statements at cost less depreciation as of May 31, 2007 and May 31,
2006:
                                          May 31, 2007         May 31, 2006
                                        --------------       --------------
Computer hardware                          $  85,074              $  85,074
Computer software                             13,633                 13,633
Furniture, fixtures and equipment              4,330                  4,330
                                           ---------              ---------
     Total cost                              103,037                103,037
  Accumulated depreciation                   103,037                102,928
                                           ---------              ---------
     Net Property and Equipment            $       -              $     109
                                           =========              =========
Depreciation expense included in the cost
  of sales for the years ended are:        $     110              $     220
                                           =========              =========

The useful lives assigned to property and equipment to compute depreciation
are:
                    Computer Hardware                        5 years
                    Computer Software                        5 years
                    Furniture, fixtures and equipment        7 years
                    Tools, dies and fixtures                 5 years


NOTE E - OTHER ASSETS

There are no remaining other assets, other assets consisted primarily of
security deposits on the lease of office facilities and utility deposits.

NOTE F - LOANS FROM RELATED PARTIES, CURRENT PORTION

The non-interest bearing short term loans due on demand from related parties
post petition, not subject to compromise, and prepetition, subject to
compromise, at May 31, 2007 and May 31, 2006 are as follows:
                                                      2007             2006
                                                 ------------    ------------

     Post petition                                 $ 124,739        $ 140,693
     Prepetition                                                      534,909
                                                  ----------       ----------
     Total Loans from Related Parties              $ 124,739        $ 675,602
                                                  ==========       ==========

The prepetition liabilities and related party debt at May 31, 2006 was reduced
either by the issuance of the Companies common stock, paid or settled in
accordance with the Chapter 11 reorganization plan approved by the Bankruptcy
Court on March 23, 2007.


                                    F-11
ECOM ECOM.COM, INC.
NOTES TO FINANCIAL STATEMENTS


NOTE G - RECLASSIFICATION OF FINANCIAL STATEMENT PRESENTATION

Certain reclassifications have been made to the prior years financial statements
in order for them to be in conformity with the current years presentation.


NOTE H - COST OF SALES

Included in the cost of sales are the following:
                                              May 31, 2007      May 31, 2006
                                            --------------     --------------
Depreciation                                          110                220
                                            --------------     --------------
        Total                                 $       110       $        220
                                            ==============     ==============
Shipping income                               $         0       $          0
                                            ==============     ==============


NOTE I - COMMITMENTS AND CONTINGENCIES

The Company maintains office facilities leased by American Capital Holdings,
Inc.  American Capital Holdings has not charged any rent to eCom eCom.com
during the Years ending May 31, 2007 and 2006.

On November 29, 2004, an involuntary petition was filed against eCom eCom.com,
Inc. in the United States Southern District Bankruptcy Court (In Re: Case No.
04-34535 BKC-SHF)under Title 11, Chapter 11 of the United States Bankruptcy
Code by petitioning creditors, American Capital Holdings, Inc., Richard
Turner, Barney A. Richmond, and ACHI, Inc.  The Bankruptcy proceedings were
initiated in an effort to restore the shareholder value lost by approximately
6,000+ shareholders as well as implement a viable plan for reimbursement of
costs incurred by American Capital Holdings, Inc., the petitioning creditors,
and all other creditors/vendors who have not been paid.  The aforementioned
creditors were owed in excess of $1 million dollars.  A copy of the June 2,
2005 Chapter 11, Title 11 Amended Involuntary Petition of eCom is posted on
the eCom website, www.ecomecom.net.


NOTE J - RELATED PARTY TRANSACTIONS

The Company has received cash advances from David J. Panaia, Chairman and CEO
of the Company, until he passed away on March 20, 2005, in varying amounts and
at various times subsequent to the inception of the Company.  These shareholder
loans were non-collateralized and due on demand.

On May 10, 2001, 1,286,359 shares of restricted stock were issued to Mr.
Panaia, CEO in return for cancellation of $437,362 of the debt owed to him.



                                    F-12

ECOM ECOM.COM, INC.
NOTES TO FINANCIAL STATEMENTS

NOTE J - RELATED PARTY TRANSACTIONS - (CONTINUED)

The amount of stockholder loans that were reduced was based on the quoted
market price ($.68) on the date the common shares were issued and adjusted
by a discount of 50% due to the restrictions placed on the stock.  The entire
amount of stockholder loans due Mr. Panaia was discharged by the bankruptcy
court and distributed to the Estate of David J. Panaia on April 23, 2005 in
return for the issuance of 7,500,000 shares of common stock.  The balance owed
to Mr. Panaia and his estate at May 31, 2007 and May 31, 2006 is $0 and $395,640
respectively.

The Company has received cash advances from Richard Turner, CFO of the
Company, in varying amounts and at various times subsequent to September 1,
2001.  These related party loans were non-collateralized and due on demand.
The interest portion of these notes has stopped accruing interest after the
company was adjudicated bankrupt.  The balance owed Mr. Turner of $140,233 was
discharged by the bankruptcy court for the issuance of 5,393,579 shares of
common stock at the agreed upon price of $.026 per share.   The balance owed to
Mr. Turner as of May 31, 2007 is $3,793.

As part of the debtor-in-possession financing, eCom received $100,000 in
financing from American Capital Holdings on June 8, 2005 and an additional
$15,186 on July 25, 2005.  The balance owed American Capital was discharged by
the bankruptcy court for the issuance of 23,795,237 shares of common stock.

NOTE K - BUSINESS SEGMENTS

As of May 31, 2007 the company no longer had consolidated business segments.
The Paintball segment has been distributed to USA Performance Products, Inc.,
the software segment has been distributed to eSecureSoft Company on
June 4, 2004.

NOTE L - RECOVERABILITY OF ASSETS AND GOING CONCERN

These financial statements are presented on the basis that the Company is a
going concern. Going concern contemplates the realization of assets and the
satisfaction of liabilities in the normal course of business over a reasonable
length of time. The accompanying financial statements show that current
liabilities exceed current assets by approximately $139,000 at May 31, 2007
and by approximately $809,000 at May 31, 2006 and that the Company has incurred
net operating losses since inception. It is current managements intention to
receive a final order from the Bankruptcy Court and have the Company came out
of Bankruptcy using the provisions of fresh start accounting and then acquire
an operating company in order to provide value for the current stockholders.

NOTE M - INCOME TAXES

Deferred income taxes are provided for temporary differences between the
financial reporting and income tax basis of the Company's assets and
liabilities.  Temporary differences, net operating loss carry forwards
and valuation allowances comprising the net deferred taxes on the balance
sheets is as follows:

                                    F-13
ECOM ECOM.COM, INC.
NOTES TO FINANCIAL STATEMENTS

NOTE M - INCOME TAXES - (CONTINUED)
                                                      May 31, 2007
                                                     --------------
         Loss carry forward for tax purposes          $  7,000,000
                                                     ==============
         Deferred tax asset (34%)                        2,380,000
         Valuation allowance                            (2,380,000)
                                                     --------------
         Net deferred tax asset                                  -
                                                     ==============

Through May 31, 2007, the Company had a federal income tax net operating loss
carry forward of approximately $7,000,000 which will expire through the year
2023.

No provision for federal and state income taxes has been recorded because the
Company has incurred net operating losses since inception. The Company's net
operating loss carry-forward as of May 31, 2007 was approximately
$7,000,000. These carry-forwards, which will be available to offset future
taxable income, will expire between the years 2009 and 2026.

The Company does not believe that the realization of the related net deferred
tax asset meets the criteria required by generally accepted accounting
principles and, accordingly, the deferred income tax asset arising from such
loss carry forward has been fully reserved.

NOTE N - EFFECTS OF INFLATION

To date, inflation has not had a material impact on the Company's financial
results.


NOTE O - RECENT ACCOUNTING PRONOUNCEMENTS

The FASB issued SFAS No. 150, Accounting for Certain Financial Instruments with
Characteristics of both Liabilities and Equity, and is effective for financial
instruments entered into after May 31, 2003.  This Statement establishes
standards for how an issuer classifies and measures in its statement of
financial position certain financial instruments with characteristics of both
liabilities and equity.  It requires that an issuer classify a financial
instrument that is within its scope as a liability because that financial
instrument embodies an obligation of the issuer.

Statement of Financial Accounting Standards No. 151, Inventory Costs, is an
amendment of ARB No. 43, Chapter 4 and is effective for inventory costs incurred
during fiscal years beginning after June 15, 2005.  This statement amends ARB
43, Chapter 4, to clarify that abnormal amounts of idle facility expense,
freight, handling costs, and wasted materials (spoilage) should be recognized as
current-period charges.  In addition, this Statement requires that allocation of
fixed production overheads to the costs of conversion be based on the normal
capacity of the production facilities.


                                    F-14
ECOM ECOM.COM, INC.
NOTES TO FINANCIAL STATEMENTS

NOTE O - RECENT ACCOUNTING PRONOUNCEMENTS - (CONTINUED)

Statement of Financial Accounting Standards No. 152, Accounting for Real Estate
Time-Sharing Transactions, is an amendment of FASB Statements No. 66 and 67.

Statement of Financial Accounting Standards No. 153, Exchanges of Nonmonetary
Assets, was issued in December 2004.  The guidance in APB No. 29, Accounting for
Nonmonetary Transactions, is based on the principle that exchanges of
nonmonetary assets should be measured based on the fair value of the assets
exchanged.  The guidance in that Opinion, however, included certain exceptions
to that principle.  This Statement amends Opinion 29 to eliminate the exception
for nonmonetary exchanges of similar productive assets and replaces it with a
general exception for exchanges of nonmonetary assets that do not have
commercial substance.  A nonmonetary exchange has commercial substance if the
future cash flows of the entity are expected to change significantly as a result
of the exchange.

Statement of Financial Accounting Standards No. 154, Accounting Changes and
Error Corrections, was issued in May 2005.  This Statement requires
retrospective application to prior periods' financial statements of changes in
accounting principle, unless it is impracticable to determine either the period-
specific effects or the cumulative effect of the change.  When it is
impracticable to determine the period-specific effects of an accounting change
on one or more individual prior periods presented, this Statement requires that
the new accounting principle be applied to the balances of assets and
liabilities as of the beginning of the earliest period for which retrospective
application is practicable and that a corresponding adjustment be made to the
opening balance of retained earnings (or other appropriate components of equity
or net assets in the statement of financial position) for that period rather
than being reported in an income statement.  When it is impracticable to
determine the cumulative effect of applying a change in accounting principle to
all prior periods, this Statement requires that the new accounting principle be
applied as if it were adopted prospectively from the earliest date practicable.
This Statement requires that retrospective application of a change in accounting
principle be limited to the direct effects of the change.  Indirect effects of a
change in accounting principle, such as a change in nondiscretionary profit-
sharing payments resulting from an accounting change, should be recognized in
the period of the accounting change.  This Statement also requires that a change
in depreciation, amortization, or depletion method for long-lived, nonfinancial
assets be accounted for as a change in accounting estimate by a change in
accounting principle.  This Statement carries forward without change the
guidance contained in Opinion 20 for reporting the correction of an error in
previously issued financial statements and a change in accounting estimate.
This Statement also carries forward the guidance in Opinion 20 requiring
justification of a change in accounting principle on the basis of preferability.
Statement of Financial Accounting Standards No. 155, Accounting for Certain
Hybrid Financial Instruments, was issued in February 2006.  This Statement
permits fair value remeasurement for any hybrid financial instrument that
contains an embedded derivative that otherwise would require bifurcation;




                                    F-15

ECOM ECOM.COM, INC.
NOTES TO FINANCIAL STATEMENTS

NOTE O - RECENT ACCOUNTING PRONOUNCEMENTS - (CONTINUED)

clarifies which interest-only strips and principle-only strips are not subject
to the requirements of Statement 133; establishes a requirement to evaluate
interests in securitized financial assets to identify interests that are
freestanding derivatives or that are hybrid financial instruments that contain
an embedded derivative requiring bifurcation; clarifies that concentrations of
credit risk in the form of subordination are not embedded derivatives, and
amends Statement 140 to eliminate the prohibition on a qualifying special-
purpose entity from holding a derivative financial instrument that pertains to a
beneficial interest other than another derivative financial instrument.

Statement of Financial Accounting Standards No. 156, Accounting for Servicing of
Financial Assets, was issued in March 2006.  This Statement requires an entity
to recognize a servicing asset, a contract to service financial assets under
which the estimated future revenues from contractually specified servicing fees,
late charges, and other ancillary revenues are expected to more than adequately
compensate the servicer for performing the servicing, or servicing liability, a
contract to service financial assets under which the estimated future revenues
from contractually specified servicing fees, late charges, and other ancillary
revenues are not expected to adequately compensate the servicer for performing
the servicing, each time it undertakes an obligation to service a financial
asset by entering into a servicing contract.

SFAS No's. 150, 151, 152, 153, 154, 155 and 156 were adopted by the company and
did not have a material effect on the Company's financial position or results of
operations.


Special Note Regarding Forward-Looking Statements

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 or 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
"should," and variations of these words and similar expressions, are intended
to identify these forward-looking statements. The Company's actual results
could differ materially from those anticipated in these forward-looking
statements.  Factors that might cause or contribute to such differences
include, among others, competitive pressures, the success of management in
identifying acquisition candidates or in raising additional capital. 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.





                                    F-16
ECOM ECOM.COM, INC.

ITEM 8. DISAGREEMENTS ON ACCOUNTING AND FINANCIAL DISCLOSURES

None.

ITEM 8A. CONTROLS AND PROCEDURES.

EVALUATION OF THE COMPANY'S DISCLOSURE CONTROLS AND INTERNAL CONTROLS:
Within the 90 days prior to the date of this Report on Form 10-KSB,
the Company evaluated the effectiveness of the design and operation of its
'disclosure controls and procedures'("Disclosure Controls").  This 'evaluation'
("Controls Evaluation") was done under the supervision and with the
participation of management, including the Chief Executive Officer/Chairman
("CEO")and Chief Financial Officer ("CFO").  As a result of this review, the
Company adopted guidelines concerning disclosure controls and the establishment
of a disclosure control committee made up of senior management.

LIMITATIONS ON THE EFFECTIVENESS OF CONTROLS:
The Company's management, including the CEO/CHAIRMAN and CFO, does not expect
that its Disclosure Controls or its 'internal controls and procedures for
financial reporting' ("Internal Controls") will prevent all error and all fraud.
Control system, no matter how well conceived and managed, can provide only
reasonable assurance that the objectives of the control system are met.  The
design of a control system must reflect the fact that there are resource
constraints, and the benefits of controls must be considered relative to their
costs.  Because of the inherent limitations in all control systems, no
evaluation of controls can provide absolute assurance that all control issues
and instances of fraud, if any, within the Company have been detected. These
inherent limitations include the realities that judgments in decision-making
can be faulty, and that breakdowns can occur because of simple error or
mistake.

Additionally, controls can be circumvented by the individual acts of some
persons, by collusion of two or more people, or by management override of the
control.  The design of any system of controls also is based in part upon
certain assumptions about the likelihood of future events, and there can be no
assurance that any design will succeed in achieving its stated goals under all
potential future conditions; over time, control may become inadequate because
of changes in conditions, or the degree of compliance with the policies or
procedures may deteriorate.  Because of the inherent limitations in a cost-
effective control system, misstatements due to error or fraud may occur and not
be detected.

CONCLUSIONS:
Based upon the Controls Evaluation, the CEO/CHAIRMAN and CFO have concluded
that, subject to the limitations noted above, the Disclosure Controls are
effective to timely alert management to material information relating to the
Company during the period when its periodic reports are being prepared.




                                     26



ECOM ECOM.COM, INC.
                             PART III

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

(1) Officers serve at the pleasure of the Company's Board of Directors.
(2) Each of these Directors was elected to serve until the next Annual Meeting
of Shareholders. The Company has no plans to hold its next annual meeting.
The Board of Directors sets corporate policies that are implemented by the
Company's management. In the event that the Board of Directors determines that a
member faces a conflict of interest, for any reason, it is expected that the
subject director will abstain from voting on the matter that raised the issue.

Barney A. Richmond, 55, has been President and a Director of the Company since
March 2004.  He is also President and a Director of American Capital Holdings
and the other nine (9) eCom spin-off companies.  From 1985 to the present, Mr.
Richmond has been an independent advisor and investor in assisting companies, as
well as individuals, regarding public offerings, mergers, reverse mergers and a
variety of corporate financing issues.  Mr. Richmond has also been an investor
in numerous reorganizations and business turnarounds, including many substantial
bankruptcy reorganizations. Mr. Richmond has been a member of the Boards of
Directors of The Richmond Company, Inc., Benny Richmond, Inc., 877 Management
Corporation, King Technologies, Inc., King Radio Corporation, United States
Financial Group, Inc., JSV Acquisition Corporation, Chase Capital, Inc,
Berkshire International, Inc. and Dunhall Pharmaceuticals, Inc.

Richard C. Turner, 47, who started with the Company in June of 2001 as Chief
Financial Officer, Treasurer and Director, worked with Glenn G. Schanel, CPA,
from September 1990 until his appointment with eCom.  Mr. Turner specialized
in assisting clients with accounting, tax and office technology issues.  A 1981
graduate of Rutgers University, Mr. Turner attended graduate school at New York
University until 1989.  From May 1989 until September 1990 Mr. Turner served
as Vice President of Finance at First American Bank, Lake Worth, Florida,
where he was responsible for the bank's financial reporting, budgeting and
cost accounting.  Mr. Turner has served as Treasurer and as a member of the
board of directors of both the Palm Beach Business Associates and the North
Palm Beach / Palm Beach Gardens Jaycees.  He concentrates full time on his
duties as Chief Financial Officer of eCom, American Capital Holdings and the
other nine (9) spin-off companies.

The bylaws provide for indemnification of officers, directors or eCom agents
against legal expenses, judgments, fines, settlements and other amounts
reasonably incurred by such persons after having been made or threatened to be
made a party to legal action.  Payment of such amounts may also be made in
advance if expenses are likely to be incurred by officers, directors or agents
in defense of any such action.  The extent, amount and eligibility for the
indemnification provided will be determined by the Board of Directors. These
indemnifications will be made by a majority vote of a quorum of directors,
including any director who is a party to such action, suit, or proceeding or
by the shareholders by a majority vote of a quorum of shareholders including
any shareholder who is a party to such action, suit or proceeding.

The Company is further authorized by the bylaws to purchase insurance for
indemnification of any person as provided by the bylaws and to the extent
provided by Florida law.  The Company at this time has no insurance coverage
for officers and directors and has not expended any funds to obtain such
                                     27
ECOM ECOM.COM, INC.

ITEM 9. DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS;
        (CONTINUED)

insurance policies to insure or indemnify directors or officers against any
liabilities that may occur. Management reserves the right to obtain such
insurance.

Florida Statutes Section 607.0850 authorizes indemnification of officers,
directors, employees and agents in instances constituting: (1) certain
violations of criminal law which the person did not know were illegal, or (2)
actions taken in good faith by persons which were intended to be in the best
interests of the corporation.

Insofar as indemnification for liabilities arising under the Securities Act of
1933 (the "Act") may be permitted to directors, officers and controlling
persons of eCom pursuant to the foregoing provisions or otherwise, the Company
have been advised that in the opinion of the Securities and Exchange
Commission, such indemnification is against public policy as expressed in the
Act and is, therefore, unenforceable.

In the event that a claim for indemnification against such liabilities (other
than the payment by eCom of expenses incurred or paid by a director, officer
or controlling person of eCom in the successful defense of any action, suit or
proceeding) is asserted by such director, officer or controlling person in
connection with the securities being registered, the Company will, unless in
the opinion of its counsel the matter has been settled by controlling
precedent, submit to a court of appropriate jurisdiction the question whether
such indemnification by eCom is against public policy as expressed in the
Securities Act and will be governed by the final adjudication of such issue.
























                                     28

ECOM ECOM.COM,INC.

ITEM 10. EXECUTIVE COMPENSATION

The following table provides information regarding the executive compensation
of persons serving as eCom's executive officers during the fiscal years ended
2007, 2006 and 2005.

Summary Compensation Table
                                                    Long Term Compensation
                         Annual Compensation          Awards   Payouts
                                                        Securities
                                        Other    Restr. Underlying      All
                                        Annual   Stock   Options/      Other
Name and Principal                      Compen-  Awards   SARs   LTIP  Compen-
    Position        Year  Salary  Bonus sation  # Shares # Shrs Payouts sation

Barney A Richmond   2007      0     0      0       -       0      0      0
President           2006      0     0      0       -       0      0      0
                    2005      0     0      0       -       0      0      0

Richard C. Turner   2007      0     0      0       -       0      0      0
 CFO and Treasurer  2006      0     0      0       -       0      0      0
                    2005      0     0      0       -       0      0      0

David J. Panaia     2005      0     0      0       -       0      0      0
 ex-Chairman, CEO

Peter Tamayo, Jr.   2005      0     0      0       -       0      0      0
 CTO

Robert C. Wilson    2005      0     0      0       -       0      0      0
 ex-President

Distributions from the bankruptcy proceeding included distributions the the
officers of the Company as follows:

On April 23, 2007, the Company issued 5,393,579 shares to Richard C. Turner as
settlement of an unpaid bankruptcy claims of $140,233.  These shares are held in
escrow by the Company and will not be distributed until after the final
bankruptcy hearing.

On April 23, 2007, the Company issued 1,153,846 shares to Barney A. Richmond as
settlement of an unpaid bankruptcy claim of $30,000.  These shares are held in
escrow by the Company and will not be distributed until after the final
bankruptcy hearing.

None of eCom's current executive officers has an employment agreement or stock
option arrangement with eCom.  It is intended that the directors be
compensated at the rate of $4,000 per year, plus $100.00 per meeting attended
and reasonable travel expenses if cash flow permits.



                                     29


ECOM ECOM.COM,INC.

ITEM 11. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

As of the date of this report, the Company has a total of 200,000,000 shares
of Common Stock authorized at a par value of $.0001, and there are 89,707,821
shares of Common Stock outstanding.  The following table sets forth
information, as of such date, with respect to the beneficial ownership of
Common Stock by (a) each person known by us to be the beneficial owner of
more than 5% of the outstanding Common Stock, (b) the directors and officers

                                  Number of        % of Shares
     Name and Address             Shares Owned     Outstanding
     ----------------             ------------     -----------
     Estate of
     David J. Panaia (1)          15,687,459           17.5
     Palm Beach Gardens, FL

     Richard C. Turner            10,112,979           11.3
     Palm Beach Gardens, FL

     Barney A. Richmond            1,153,846            1.3
     Jupiter, FL

     American Capital Holdings    23,795,237           26.5
     Jupiter, FL

     All Officers and             11,266,825           12.6
     Directors as a Group
     2 persons

(1) David J. Panaia, an officer and director of the Company, passed away on
March 20, 2005, was the beneficial owner of 400,000 shares held in the name of
the Panaia Family Trust and 41,500 shares held in the name of Barbara Panaia,
wife of David Panaia.  On April 23, 2007 7,500,000 shares were issued to the
estate of David J. Panaia.

ITEM 12. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

Certain transactions to which the Company is a party and certain matters
affecting it have or will result in a material benefit to certain of the
directors and executive officers, or may create conflicts of interest, as
follows:

On April 23, 2007, the Company issued 23,795,237 shares to American Capital
Holdings, Inc. as settlement of an unpaid bankruptcy claim of $618,676. (1)

On April 23, 2007, the Company issued 5,393,579 shares to Richard C. Turner as
settlement of an unpaid bankruptcy claims of $140,233. (1)

On April 23, 2007, the Company issued 1,153,846 shares to Barney A. Richmond as
settlement of an unpaid bankruptcy claim of $30,000. (1)

On April 23, 2007, the Company issued 708,943 shares to Sherry L. Cherrix as
settlement of an unpaid bankruptcy claim of 18,433. (1)

                                    30
ECOM ECOM.COM,INC.

ITEM 12. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS - CONTINUED

On April 23, 2007, the Company issued 7,500,000 shares to the Estate of David
Panaia as settlement of an unpaid bankruptcy claim of $395,640.

On April 23, 2007, the Company issued 358,680 shares to MeVis Technologies as
settlement of an unpaid claim of $9,325.69.

On April 23, 2007, the Company issued 842,424 to Quentin Partners as
compensation for a bankruptcy claim on unpaid rent of 21,903.02.

  (1) As of the date of this report these shares are being held by the company
      until after the final bankruptcy hearing, currently scheduled for
      September 10, 2007.

Except as described above, no director, officer or principal security holder of
eCom has or has had a direct or indirect material interest in any transaction
to which the Company is or was a party. The Company believes that the terms of
each of the transactions described above were no less favorable to us than
could have been obtained from third parties. However, it should be noted that
all restricted stock issuances to affiliates are made at a 50% discount from the
then market value of the Common Stock.  In addition, in the future the Company
will not enter into additional transactions with directors, officers or
principal shareholders unless the terms thereof are no less favorable to us
than could be obtained from third parties.


ITEM 13. EXHIBITS, FINANCIAL STATEMENTS AND REPORTS ON FORM 8-K

(a) Index to financial statements and financial statement schedules
The audited balance sheets of the Company as of May 31, 2007 and 2006 and the
related statements of operations, stockholders' equity and cash flows for the
years ended May 31, 2007 and 2006 appear in sequentially numbered pages F-1
through F-19 - ITEM &. FINANCIAL STATEMENTS.

The page numbers for the financial statement categories are as follows:

Page    Description
F-2     Report of Independent Registered Public Accounting Firm - May 31, 2007
        and 2006
F-3     Balance Sheets as of May 31, 2007 and 2006
F-4     Statements of Operations for the Years Ended May 31, 2007 and 2006
F-5     Statement of Shareholders' Deficit for the Years Ended May 31,2007
        and 2006
F-6     Statements of Cash Flows for the Years Ended May 31, 2007 and 2006
F-8     Notes to Financial Statements

(b)     Reports on Form 8-K
        Form 8-K filed August 22, 2006
           accession number 0001000459-06-000003 stating:
           On August 18, 2006 the 'Joint Plan of Reorganization of Debtor and
           American Capital Holdings, Inc.' was filed with the United States
           Southern District Bankruptcy Court.

                                       31
ECOM ECOM.COM,INC.

ITEM 13. EXHIBITS, FINANCIAL STATEMENTS AND REPORTS ON FORM 8-K (CONTINUED)


        Form 8-K filed August 25, 2006
           accession number 0001000459-06-000004 stating:
           On August 25, 2006 the 'Disclosure Statement for Joint Plan of
           Reorganization of Debtor and American Capital Holdings, Inc.' was
           filed with the U.S. Bankruptcy Court.


        Form 8-K filed November 30, 2006
           accession number 0001000459-06-000009 stating:
           A former subsidiary of eCom eCom.com, Inc. formerly known as
           Pro Card Corporation, now renamed Green Energy Group, Inc. issued a
           Form 8K with the Securities and Exchange Commission on November 30,
           2006.  Green Energy's 8K announced that on November 22, 2006, Green
           Gnergy Group, Inc. has entered into a Purchase Agreement with Tri-
           States Petroleum Products, LLC.

        Form 8-K filed March 28, 2007
           accession number 0001000459-07-000004 stating:
           On March 12, 2007, an Order confirming eCom eCom.com's "eCom")
           Disclosure Statement and Reorganization Plan in the United States
           Florida Southern District Bankruptcy Court in re: Case No. 04-35435
           was entered by the Honorable Judge Steven H. Friedman.  The March 12,
           2007 Court Transcript was filed with the Clerk of Florida Southern
           District Bankruptcy Court on March 27, 2007.  A copy of this
           transcript can be reviewed at ecomecom.net under the title of
           "Bankruptcy News Information".

        Form 8-K filed March 30, 2007
           accession number 0001000459-07-000006 stating:
           On March 23, 2007 an Order Confirming First Amended Joint Plan of
           Reorganization of Debtor and American Capital Holdings, Inc. was
           issued by the Honorable Judge Steven H. Friedman of the United States
           Florida Southern District Bankruptcy Court re: Case No. 04-35435.   A
           copy of this March 23, 2007 order can be viewed at www.ecomecom.net
           under the "Bankruptcy News Information" link.



(c)     Exhibits:

3.1     Articles of Incorporation (1)
3.2     By-laws (1)
10.1    Agreement for acquisition of assets of Performance Paintball Products
        Inc. (1)
10.2    Agreement of acquisition of rights to All American Bowl (2)
10.3    Personal services agreement with All American Bowl Executive Director
        (2)
10.4    Promissory Note to Stratex Corporation dated August 12, 1997 (3)
10.5    Marketing and Management Agreement between Axis Enterprises, Ltd. and
        Registrant dated January 10, 1998 (3)

                                     32
ECOM ECOM.COM,INC.

ITEM 13. EXHIBITS, FINANCIAL STATEMENTS AND REPORTS ON FORM 8-K (CONTINUED)

10.6    Agreement for acquisition of assets of Amateur Athletes of America,
        Inc. (3)
10.7    Lease Agreement between Ryco Properties, Inc. and Registrant dated
        May 4, 1998 (3)
10.8    Investment Agreement between Swartz Private Capital LLC and the
        Registrant dated May 13, 1999 (4)
10.9    Registration Rights Agreement between Swartz Private Capital LLC
        and the Registrant dated May 13, 1999 (4)
10.10   Side Agreement (4)
10.11   Amended and Restated Investment Agreement between Swartz Private
        Capital LLC and the Registrant dated July 1999 (5)
10.12   Memorandum dated September 13, 1999 from Swartz Private Capital LLC
        extending date to file registration statement (5)
10.13   First Stock Incentive Plan (5)
10.14   Occupancy Agreement between Chimney Rock Services, LLC and Registrant
        dated September 15, 1999 (6)
10.15   License Agreement between iTool.com and Registrant dated December 20,
        1999 (6)
10.16   Stock Exchange Agreement between the shareholders of Star Dot
        Marketing, Inc. and Registrant dated January 21, 2000 (7)
10.17   Service Agreement between eWebPEO.com, Inc. and Registrant dated
        March 25, 2000 (6)
10.18   Consulting and Compensation Agreement between eWebPEO.com, Inc. and
        Registrant dated April 16, 2000 (6)
10.19   Agreement of Sale between US Amateur Sports Company and Eugenio
        Postorivo Jr., Individually, dated May 11, 2001 (8)
10.20   Stock Purchase Agreement between the Company and Brian Delaporta,
        Individually, dated May 31, 2001 (9)
10.21   Addendum to Advance Balance Acknowledgement dated May 31, 2001 (9)
10.22   Strategic Marketing and Sales Agreement between BIFS Technologies
        Corporation and the Registrant dated March 19, 2001 (10)
10.23   Operating Agreement for ZyndeCom, Inc. dated August 20, 2001 (10)
10.24   Board of Directors approves the spin-off of the remaining
        Subsidiaries (11)
10.25   Barney A Richmond appointed President of eCom eCom.com Inc. (12)
10.26   On March 29, 2004, David Panaia prepared and issued a Press Release(13)
        Announcing the appointment of Barney A. Richmond as President of eCom.
10.27   List of Shareholders as of May 31, 2005 who received spinoff shares
        and corresponding Certified Mail numbers of Share Certificates
        mailed May 31, 2005. (13)
10.28   Court Orders from Involuntary Bankruptcy Petition of
        eComeCom.com, Inc. (13:exhibit 99.3)
11      Statement of Computation of Earnings per Share
31.1    Certification of Chief Executive Officer
        Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
31.2    Certification of Chief Financial Officer
32      Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
        Certification of Chief Executive Officer and Chief Financial Officer
        Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

                                     33


ECOM ECOM.COM,INC.

ITEM 13. EXHIBITS, FINANCIAL STATEMENTS AND REPORTS ON FORM 8-K (CONTINUED)


99.1    Form 8-K filed June 2, 2005 (13)

99.2    Form 8-K filed July 8, 2005 (13)

99.3    Form 8-K filed July 13, 2005 (13)

99.4    Joint Plan of Reorganization of Debtor and American Capital Holdings

99.5    Disclosure Statement for Joint Plan of Reorganization of Debtor and
        American Capital Holdings, Inc.

(1) Incorporated by reference to the Company's original Registration Statement
    on Form 10 SB-1, Registration 33-96638-A, filed on September 6, 1995.
(2) Incorporated by reference to Form 10-KSB for the year ended May 31, 1997.
(3) Incorporated by reference to Form 10-KSB for the year ended May 31, 1998.
(4) Incorporated by reference to Form 8-K filed with the Commission on May 26,
    1999.
(5) Incorporated by reference to Form 10-KSB for the year ended May 31, 1999.
(6) Incorporated by reference to Form 10-KSB for the year ended May 31, 2000.
(7) Incorporated by reference to Form 8-K filed with the Commission on January
    21, 2000.
(8) Incorporated by reference to Form 8-K filed with the Commission on May 31,
    2001.
(9) Incorporated by reference to Form 8-K filed with the Commission on June 7,
    2001.
(10)Incorporated by reference to Form 10-KSB for the year ended May 31, 2001.
(11)Incorporated by reference to Form 8-K filed with the Commission on
    March 2, 2004.
(12)Incorporated by reference to Form 8-K filed with the Commission on
    March 31, 2004.
(13)Incorporated by reference to Form 10-KSB for the year ended May 31, 2005.


                                Exhibit 11


STATEMENT OF COMPUTATION OF EARNINGS PER SHARE AS OF MAY 31, 2006

Calculation of Numerator:     Calculation of Denominator:

   Net loss      (122,951)    Weighted average common shares
   Adjustment           0      issued and outstanding           54,202,662
                 --------     Potentially dilutive securities            0
   Net Loss      (122,951)                                      ----------
                =========     Weighted average shares
                               outstanding                      54,202,662
                                                                ==========


                                     34


ECOM ECOM.COM,INC.


ADDITIONAL INFORMATION

Corporate Headquarters
1016 Clemmons Street, Suite 302
Jupiter, Florida 33477
Telephone Number: (561) 745-6789;
Internet Address - http://www.ecomecom.net
E-mail Address - investor@ecomecom.net

Independent Registered Public Accounting Firm
Wieseneck, Andres & Company, P.A.
Certified Public Accountants
772 U.S. Highway 1, Suite 200
North Palm Beach, Florida 33408



ITEM 14.  PRINCIPAL ACCOUNTANT FEES AND SERVICES.

Audit Fees.

The aggregate fees billed to the Company for professional services rendered for
the audit of the Company's annual financial statements, review of the Company's
quarterly financial statements, and other services normally provided in
connection with statutory and regulatory filings or engagements was $5,088 for
the fiscal year ended May 31, 2007, and $19,338 for the fiscal year ended May
31, 2006.

Other Fees.

Other fees billed to the Company by accountants for consultation services,
research and client assistance totaled $0 for the fiscal year ended May 31,
2007, and $0 for the fiscal year ended May 31, 2006.


SIGNATURE

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.


August 28, 2007  By:   /s/ Barney A. Richmond
                         Barney A. Richmond, Chief Executive Officer

August 28, 2007  By:  /s/  Richard C. Turner
                         Richard C. Turner, Chief Financial Officer





                                     35

Exhibit 31.1
CERTIFICATION REQUIRED UNDER SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Barney A. Richmond, certify that:
(1) I have reviewed this Annual Report on Form 10-KSB of eCom eCom.com, 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 small business
issuer as of, and for, the periods presented in this report;
(4) The small business issuer's other certifying officer(s) 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)) and internal control
over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-
15(f)) for the small business issuer 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 small business issuer, 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) Designed such internal control over financial reporting, or caused such
internal control over financial reporting to be designed under our supervision,
to provide reasonable assurance regarding the reliability of financial reporting
and the preparation of financial statements for external purposes in accordance
with generally accepted accounting principles;
(c) Evaluated the effectiveness of the small business issuer'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
(d) Disclosed in this report any change in the small business issuer's internal
control over financial reporting that occurred during the small business
issuer's most recent fiscal quarter (the small business issuer's fourth fiscal
quarter in the case of an annual report) that has materially affected, or is
reasonably likely to materially affect, the small business issuer's internal
control over financial reporting; and
(5) The small business issuer's other certifying officer(s) and I have
disclosed, based on our most recent evaluation of internal control over
financial reporting, to the small business issuer's auditors and the audit
committee of the small business issuer'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 small business issuer'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 small business issuer's internal
control over financial reporting.

Date: August 28, 2007
  /s/ Barney A. Richmond
------------------------
Barney A. Richmond
Chief Executive Officer
                                      36
Exhibit 31.2
CERTIFICATION REQUIRED UNDER SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Richard C. Turner, certify that:
(1) I have reviewed this Annual Report on Form 10-KSB of eCom eCom.com, 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 small business
issuer as of, and for, the periods presented in this report;
(4) The small business issuer's other certifying officer(s) 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)) and internal control
over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-
15(f)) for the small business issuer 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 small business issuer, 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) Designed such internal control over financial reporting, or caused such
internal control over financial reporting to be designed under our supervision,
to provide reasonable assurance regarding the reliability of financial reporting
and the preparation of financial statements for external purposes in accordance
with generally accepted accounting principles;
(c) Evaluated the effectiveness of the small business issuer'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
(d) Disclosed in this report any change in the small business issuer's internal
control over financial reporting that occurred during the small business
issuer's most recent fiscal quarter (the small business issuer's fourth fiscal
quarter in the case of an annual report) that has materially affected, or is
reasonably likely to materially affect, the small business issuer's internal
control over financial reporting; and
(5) The small business issuer's other certifying officer(s) and I have
disclosed, based on our most recent evaluation of internal control over
financial reporting, to the small business issuer's auditors and the audit
committee of the small business issuer'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 small business issuer'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 small business issuer's internal
control over financial reporting.

Date: August 28, 2007
  /s/ Richard C. Turner
---------------------------
Richard C. Turner
Chief Financial Officer
                                      37
ECOM ECOM.COM,INC.

Exhibit 32

CERTIFICATIONS OF CEO AND CFO PURSUANT TO SECTION 906 OF THE
SARBANES-OXLEY ACT

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

In connection with the Annual Report of eCom eCom.com Inc., a Florida
corporation (the "Company"), on Form 10-KSB for the year ending May 31, 2007,
as filed with the Securities and Exchange Commission (the "Report"), Barney A.
Richmond, Chief Executive Officer of the Company and Richard C. Turner,
Chief Financial Officer of the Company, respectively, do each hereby certify,
pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (18 U.S.C. 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.


      /s/    Barney A. Richmond


      Barney A. Richmond
      Chief Executive Officer

      August 28, 2007


      /s/     Richard C. Turner


      Richard C. Turner
      Chief Financial Officer

      August 28, 2007

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

Exhibits to Form 10-KSB will be provided to shareholders of the Registrant
upon written request addressed to eCom eCom.com, 1016 Clemmons St, Suite 302,
Jupiter, FL 33477-3305. Any exhibits furnished are subject to a reasonable
photocopying charge.

The Securities and Exchange Commission has not approved or disapproved of
this Form 10-KSB and Annual Report to Shareholders nor has it passed upon its
accuracy or adequacy.

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