Commission File No. 000-25487


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

                             AMENDMENT NUMBER 1 TO
                                  FORM 10-KSB/A


              /X/ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF
                       THE SECURITIES EXCHANGE ACT OF 1934

                  For the Fiscal Year Ended: December 31, 2004

              / / TRANSITION REPORT PURSUANT TO SECTION 13
                  OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

                     For the Transition Period From __ to __

                           DOMAIN REGISTRATION, CORP.
        _________________________________________________________________
        (Exact Name of Small Business Issuer as Specified in its Charter)


              NEVADA                                          88-0409159
   _______________________________                        ___________________
   (State or other jurisdiction of                         (I.R.S. Employer
    incorporation or organization)                        Identification No.)


  6767 W. Tropicana Avenue, Suite 207
         Las Vegas, Nevada                                              89103
________________________________________                              __________
(Address of principal executive offices)                              (Zip code)


                   Issuer's telephone number: (702) 248-1027

       Securities to be registered pursuant to Section 12(b) of the Act:

                                      none

       Securities to be registered pursuant to Section 12(g) of the Act:


                               $.001 Common Stock
                               __________________
                                (Title of Class)


         Check whether the registrant (1) has filed all reports required to be
filed by Section 13 or 15 (d) of the Securities Exchange Act of 1934 during the
preceding 12 months (or 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 / /


<PAGE>


         Check if disclosure of delinquent filers pursuant to Item 405 of
Regulation S-K is not contained herein, and will not be contained, to the best
of registrant's knowledge, in definitive proxy or information statements
incorporated by reference in Part II of this Form 10-K or any amendments to this
Form 10-K.  /X/

         As of December 31, 2004, there were 4,100,000 shares of the
registrant's common stock, $.001 par value, outstanding.

         The aggregate market value of shares of common stock held by
non-affiliates of the registrant, as of the last business day of registrant's
most recently completed fiscal quarter, and as of the date hereof, is $-0-.

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

         State the registrant's revenues for the December 31, 2004 fiscal year:
$44.


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                                TABLE OF CONTENTS



                                                                            Page

Item 1.  Description of Business. . . . . . . . . . . . . . . . . . . . . .   4

Item 2.  Description of Property. . . . . . . . . . . . . . . . . . . . . .  31

Item 3.  Legal Proceedings. . . . . . . . . . . . . . . . . . . . . . . . .  32

Item 4.  Submission of Matter to Vote of
         Security Holders . . . . . . . . . . . . . . . . . . . . . . . . .  32

Item 5.  Market for Common Registrant Equity and
         Related Stockholder Matter . . . . . . . . . . . . . . . . . . . .  33

Item 6.  Management's Discussion and Analysis
         or Plan of Operation . . . . . . . . . . . . . . . . . . . . . . .  43

Item 7.  Financial Statements . . . . . . . . . . . . . . . . . . . . . . .  52

Item 7A  Quantitative and Qualitative Disclosures
         About Market Risk. . . . . . . . . . . . . . . . . . . . . . . . .  54

Item 8.  Changes in and Disagreements with
         Accountants on Accounting and Financial
         Disclosure . . . . . . . . . . . . . . . . . . . . . . . . . . . .  54

Item 9.  Directors, Executive Officers, Promoters
         and Control Persons; Compliance with
         Section 16(a) of the Exchange Act. . . . . . . . . . . . . . . . .  54

Item 9A. Controls and Procedures. . . . . . . . . . . . . . . . . . . . . .  56

Item 9B  Other Information. . . . . . . . . . . . . . . . . . . . . . . . .  57

Item 10. Executive Compensation . . . . . . . . . . . . . . . . . . . . . .  57

Item 11. Security Ownership of Certain
         Beneficial Owners and Management . . . . . . . . . . . . . . . . .  58

Item 12. Certain Relationships and
         Related Transactions . . . . . . . . . . . . . . . . . . . . . . .  60

Item 13. Exhibits and Reports on Form 8-K . . . . . . . . . . . . . . . . .  62

Item 14. Controls and Procedures. . . . . . . . . . . . . . . . . . . . . .  63

Item 15. Principal Accountant Fees and Services . . . . . . . . . . . . . .  63

         Signature and Certifications . . . . . . . . . . . . . . . . . . .  64


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ITEM 1.  DESCRIPTION OF BUSINESS.

Introduction.

We (Domain Registration, Corp. or sometimes the "Company") were incorporated on
July 31, 2001 under the laws of State of Nevada and we sold and issued one share
of common stock to Suzy-Path, Corp. on August 1, 2001. As a result of the sale
and issuance of the one share of common stock, we became a wholly-owned
subsidiary of Suzy-Path, Corp., a Nevada corporation. Between the date of our
incorporation and the date that we became a wholly owned subsidiary of
Suzy-Path, Corp., other than an organizational meeting, we conducted no
business.

Suzy-Path, Corp. was incorporated under the laws of the State of Nevada on
September 16, 1999 and became the successor issuer to Bahamas Enterprises, Inc.
Bahamas Enterprises, Inc. was incorporated under the laws of the State of Nevada
on July 10, 1996. We became the successor company (successor by merger -
acquisition of assets) in connection with a series of articles and plans of
merger that resulted in the acquisition of all of the assets subject to the
liabilities and obligations of each of Bahamas Enterprises, Inc. and Suzy-Path,
Corp.

Suzy-Path, Corp. became the successor issuer to Bahamas Enterprises, Inc. on
October 9, 2001 and we became the successor issuer to Suzy-Path, Corp. on
October 10, 2001.

Pursuant to Rule 12g-3(a) of the general rules and regulations of the Securities
and Exchange Commission, we elected to become the successor issuer to Bahamas
Enterprises, Inc. and Suzy-Path, Corp. because of our direct acquisition of the
assets compromising a going business for reporting purposes under said
Securities Exchange Act of 1934, as amended, (the "1934 Act") and we elect to
report under said Act. We have adopted December 31 as our fiscal year end to
coincide with the fiscal year ends of Bahamas Enterprises, Inc. and Suzy-Path,
Corp.

Bahamas Enterprises, Inc., at the time of the merger-acquisition of the assets
with Suzy Path, Corp. on October 9, 2001, was in the developmental stage and
could be defined as a "shell" company, whose sole purpose at that time was to
locate and consummate a merger or acquisition with a private company and it did
not have any operations. Suzy Path, Corp. conducted no business operations from
inception until it caused us to be formed to implement its business plan of
being a referral agent for domain registration.

As of the date hereof, we are deemed to be and can be defined as a "shell"
company, a registrant, other than an asset backed-issuer, that has no or nominal
operations, and either (i) no or nominal assets, (ii) assets consisting solely
of cash and cash equivalents, (iii) assets consisting of any amount of cash and
cash equivalents and nominal other assets.


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<PAGE>


The discussion contained herein contains "forward-looking statements" that
involve risks and uncertainties. These statements may be identified by the use
of terminology such as "believes," "expects," "may," "should" or anticipates" or
expressing this terminology negatively or similar expressions or by discussions
of strategy. The cautionary statements made in this Form 10KSB report should be
read as being applicable to all related forward-looking statements wherever they
appear in this Form 10KSB report. Our actual results could differ materially
from those discussed in this report.

Important factors that could cause or contribute to such differences include
those discussed under the caption entitled "Risk Factors," as well as those
discussed elsewhere in this Form 10KSB.

Company Summary.

A. Our Business.

Although we are a shell company, we intend to continue to attempt to be a domain
registration and web hosting referral agent.  Subject to us entering into a
compensation agreement with one or more domain registration and web hosting
companies, we will be paid a selling commission for referring leads to these
domain registration and web hosting companies when the leads become their
customers and purchase domain registration services, web hosting services and
e-commerce services.  We have no agreements with any domain registration and web
hosting companies.  We will have no business if we are unable to implement a
business plan.

We do not presently intend to engage in a merger or an acquisition with an
unidentified company or companies and we intend to pursue our business plan.

We have no present plans, proposals, arrangements or understandings with respect
to the sale and issuance of additional securities or the obtaining of additional
loans or obtaining other financial accommodations; however, we may be required
to develop a financing strategy which may involve an additional offering of our
securities or the obtaining of funds to commence a marketing strategy. If we do
not raise additional capital or secure loans and if we do not implement a
business plan, we will be required to determine if our domain names have
inherent intangible value with us selling our names to others or seeking a
business opportunity with a company doing domain registration and web hosting
who may desire our domain names or enter into a business combination with a
profitable company or wind up and dissolve.

B.  Shell Company Regulations.

On June 29, 2005, the Securities and Exchange Commission adopted final rules
amending the Form S-8 and the Form 8-K for shell companies like us. The
amendments expand the definition of a shell company to be broader than a company
with no or nominal operations/assets or assets consisting of cash and cash
equivalents, the amendments prohibit the use of a From S-8 (a form used by a
corporation to register securities issued to an employee, director, officer,
consultant or advisor, under certain circumstances), and revise the Form 8-K to
require a shell company to include current Form 10 or Form 10-SB information,
including audited financial statements, in the filing on Form 8-K that the shell
company files to report the acquisition of a business opportunity. The rules are
designed to assure that investors in shell companies that acquire operations or
assets have access on a timely basis to the same kind of information as is
available to investors in public companies with continuing operations.


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<PAGE>


C. We May Not Be Able to Continue as a Going Concern.

Our auditor has prepared our financial statements assuming that we will continue
as a going concern and he has issued a qualified report. The financial
statements contemplate the realization of assets and the liquidation of
liabilities in the normal course of business. Currently, however, we do not have
sufficient cash or other material assets or do we have sufficient operations or
an established source of revenue to cover our operational costs that would allow
us to continue as a going concern. We are insolvent in that we are unable to pay
our debts in the ordinary course of business as they become due.

D. Financial Condition.

We currently have cash of $1,145 and $8,550 in prepaid expenses that constitute
our total assets. We have no other liquid current assets and we have received
nominal revenue from operations. We do not have income to pay our debts in the
ordinary course of business as they become due. We have a loss from inception
through December 31, 2004 of $76,058. Without the implementation of any
marketing plan, our current "burn rate" is less than $80 per month. [We define
"burn rate" as the amount of money that we spend or pay out or the obligation to
pay is incurred by us. It does not take into account the source of the money and
does not take into account whether the money spent or the obligation incurred is
a capital expenditure or an expense. It is cash at the beginning and cash at the
end. The burn rate can change as additional obligations are incurred.] If we
implement any marketing plan, we expect that our "burn rate" will increase.

We have had no revenues from operations. The lack of revenues is predicated upon
our failure to implement any marketing plan. We have no operating history and
there is nothing at this time on which to base the assumption we will be able to
achieve revenues and to operate profitably.

Our officers and directors had originally agreed to fund our "burn rate," and
expenses of having us comply with the federal securities laws (and being a
public company) and had orally agreed to extend, if required, a "line of credit"
in the amount of $10,000, without interest, to implement our marketing plan. The
agreement to fund our "burn rate" and implement our marketing plan has been
withdrawn. As of December 31, 2004, the officers and directors had advanced
$68,153 that was not part of the line of credit.

Although we may need additional financing, we have no plans, proposals,
arrangements or understandings with respect to the sale or issuance of
additional securities or the obtaining of additional loans or financial
accommodations.

As we are deemed to be a development stage company, we have a net loss and may
not be profitable in the future. If we do not achieve any revenue growth
sufficient to absorb our planned expenditures, we could experience additional
losses in future periods. These losses or fluctuations that our operating
results could cause a shareholder to have the financial risk of losing his
entire investment.

Risk Factors.

In addition to the other information in this Form 10KSB, the following risk
factors should be considered carefully in evaluating our business. Ownership of
our common stock is speculative and involves a lot of risks.

1.   An investment in our common stock involves a high degree of risk and you
     may lose your entire investment.


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<PAGE>


We have no operating history nor have we received any revenues or earnings from
operations. We have no significant assets or financial resources. We will, in
all likelihood, sustain operating expenses without corresponding revenues, at
least until we have generated substantial revenues from customers registering
domain names and/or utilizing web-hosting services.

2.   Unless we obtain loans or additional funding, we may not be able to
     continue as a going concern.

Our auditor's going concern opinion and the notation in the financial statements
indicate that we do not have significant cash or other material assets and that
we are relying on advances from stockholders, officers and directors to meet
limited operating expenses. We are insolvent in that we are unable to pay our
debts in the ordinary course of business as they become due. Our financial
statements do not include any adjustments relating to the recoverability and
classification of asset carrying amounts and classification of liabilities that
might result should we be unable to continue as a going concern. We will have a
loss from inception through December 31, 2004 of $61,115.

3.   We have not commenced business operations and have no current operating
     history that makes any evaluation of us difficult.

We have a limited operating history. As of December 31, 2004, we had incurred
losses of $76,058 and we expect losses to continue. There is nothing at this
time on which to base an assumption that any business plan will prove
successful, and there is no assurance that we will be able to operate
profitably. If we are unable to formulate and implement a business plan, we will
be unable to commence business operations and we will have no business.

4.   Our success is dependent on management, which has other full time
     employment, has limited experience and will only devote limited part time
     working for us, which makes our future even more uncertain.

As compared to many other public companies, we do not have any technical
personnel. Our management has no experience with the domain registration and web
hosting business. Furthermore, our officers and directors will not be employed
by us as they are involved with other businesses and have other interests, which
could give rise to conflicts of interest with respect to the amount of time
devoted to our business.

5.   In addition to having no full time management and lack of experience in the
     domain registration and web hosting business, if we lose Amy Hadley, our
     business would be impaired.

Our success is heavily dependent upon the continued participation of our
president, Amy Hadley. Loss of her services could have a material adverse effect
upon our business development. We do not maintain "key person" life insurance on
Amy Hadley's life. We do not have a written employment agreement with Amy
Hadley. There can be no assurance that we will be able to recruit or retain
other qualified personnel, should it be necessary to do so.


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<PAGE>


6.   Our officers and directors are the principal stockholders and will be able
     to approve all corporate actions without your consent and will control our
     Company.

Our principal stockholders Amy Hadley, Felicia May Nilson, Stuart Curtis Nilson
and Vickie L. Andre currently own approximately 84% of our common stock. They
will have significant influence over all matters requiring approval by our
stockholders, but not requiring the approval of the minority stockholders. In
addition, Amy Hadley, Felicia May Nilson and Stuart Curtis Nilson are directors
and will be able to elect all of the officers of the Company, allowing them to
exercise significant control of our affairs and management. In addition, the
principal shareholders may transact most corporate matters requiring stockholder
approval by written consent, without a duly-noticed and duly-held meeting of
stockholders, subject to certain restrictions contained in the bylaws, in the
articles of incorporation or imposed by statute.

7.   We face competition from other entities providing services similar to ours;
     accordingly, we may not be able to compete effectively with other selling
     organizations and with other entities providing services similar to ours.

We will face intense competition in all aspects of the Internet business. The
market for the providing of domain registration and web service hosting is
extremely competitive and highly fragmented. There are no substantial barriers
to entry and we expect that competition will continue to intensify. There can be
no assurance that we will be able to compete effectively in this highly
competitive industry, which will have a material adverse impact upon market
acceptance of our services.

8.   We currently have no marketing plan. We have no formal agreements for
     compensation for our referral services. Our prior plan of operation
     incorporated estimates rather than actual figures and was not implemented.

We currently have no marketing plan and there is no assurance that we will
develop a marketing plan. Without a marketing plan, competitive and economic
forces make forecasting of revenues and costs difficult and unpredictable. We
intend to deliver our referral services through our web sites but we have no
method of directing visitors to the Internet to our web site. A prior marketing
plan was not implemented. We have no formal contracts for compensation for our
referral services and there can be no assurances that any will be entered into
between domain registration and web hosting companies and us.

9.   You will receive no dividends on your investment.

We have never paid dividends. We do not anticipate declaring or paying dividends
in the foreseeable future. Our retained earnings, if any, will finance the
development and expansion of our business. Our dividends will be at our board of
directors' discretion and contingent upon our financial condition, earnings,
capital requirements and other factors. Future dividends may also be affected by
covenants contained in loan or other financing documents we may execute.
Therefore, there can be no assurance that cash dividends of any kind will ever
be paid.

10.  If we issue future shares, present investors' per share value will be
     diluted.

We are authorized to issue a maximum of 50,000,000 shares of common shares. As
of December 31, 2004, there were 4,100,000 shares issued and outstanding. The
board of directors' authority to issue common stock without shareholder consent
may dilute the value of your common stock.


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<PAGE>


11.  Our common stock has no public market and the value may decline.

There is no established public trading market or market maker for our
securities. There can be no assurance that a market for our common stock will be
established or that, if established, a market will be sustained. Therefore, if
you purchase our securities you may be unable to sell them. Accordingly, you
should be able to bear the financial risk of losing your entire investment.

12.  Our common stock may never be public traded and you may have no ability to
     sell the shares.

We plan to seek a listing on the Over The Counter ("OTC") Bulletin Board. We
will contact a market maker to seek the listing on our behalf.

Only market makers can apply to quote securities. Market makers who desire to
initiate quotations in the OTC Bulletin Board system must complete an
application (Form 211) and by doing so, will have to represent that it has
satisfied all applicable requirements of the Securities and Exchange Commission
Rule 15c2-11 and the filing and information requirements promulgated under the
National Association of Securities Dealers' ("NASD") Bylaws. The OTC Bulletin
Board will not charge us with a fee for being quoted on the service. NASD rules
prohibit market makers from accepting any remuneration in return for quoting
issuers' securities on the OTC Bulletin Board or any similar medium. We intended
to be subject to the reporting requirements of the 1934 Act, as such, we may be
deemed compliant with Rule 15c2-11. The NASD will review the market maker's
application and if cleared, it cannot be assumed by any investor that any
federal, state or self-regulatory requirements other than certain NASD rules and
Rule 15c2-11 have been considered by the NASD. Furthermore, the clearance should
not construed by any investor as indicating that the NASD, the Securities and
Exchange Commission or any state securities commission has passed upon the
accuracy or adequacy of the documents contained in the submission.

The OTC Bulletin Board is a market maker or dealer-driven system offering
quotation and trading reporting capabilities - a regulated quotation service -
that displays real-time quotes, last-sale prices, and volume information in OTC
equity securities. The OTC Bulletin Board securities are not listed and traded
on the floor of organized national or regional stock exchanges. Instead, OTC
Bulletin Board securities transactions are conducted through a telephone and
computer network connecting market makers or dealers in stocks.

If we are unable to obtain a market maker to sponsor our listing, we will be
unable to develop a trading market for our common stock. We may be unable to
locate a market maker that will agree to sponsor our securities. Even if we do
locate a market maker, there is no assurance that our securities will be able to
meet the requirements for a quotation or that the securities will be accepted
for listing on the OTC Bulletin Board.

13.  If our common stock does not meet blue sky resale requirements, you may be
     unable to resell your securities.

The common stock must meet the blue sky resale requirements in the states in
which the proposed purchasers reside. If we are unable to qualify the securities
offered and there is no exemption from qualification in certain states, the
holders of the securities or the purchasers of the securities may be unable to
sell them.


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<PAGE>


14.  Our shareholders may face significant restrictions on the resale of our
     common stock due to state "blue sky" laws.

There are state regulations that may adversely affect the transferability of our
common stock. We have not registered our common stock for resale under the
securities or "blue sky" laws of any state. We may seek qualification or advise
our shareholders of the availability of an exemption. We are under no obligation
to register or qualify our common stock in any state or to advise the
shareholders of any exemptions.

Current shareholders, and person who desire to purchase the common stock in any
trading market that may develop in the future, should be aware that there might
be significant state restrictions upon the ability of new investors to purchase
the securities.

Blue sky laws, regulations, orders, or interpretations place limitations on
offerings or sales of securities by "blank check" companies or in "blind-pool"
offerings, or if such securities represent "cheap stock" previously issued to
promoters or others. We are not a "blank check" or "blind pool" company;
however, certain states apply the same requirements for so-called "cheap stock"
to the requirements applicable to "blank check" or "blind pool" issuances. The
current shareholders (excluding Amy Hadley), because they originally paid $.001
for each share in Bahamas Enterprises, Inc., prior to the receipt of our shares
after the transactions of September and October, 2001, may be deemed to hold
"cheap stock." These limitations typically provide, in the form of one or more
of the following limitations, that such securities are:

         (a) Not eligible for sale under exemption provisions permitting sales
without registration to accredited investors or qualified purchasers;

         (b) Not eligible for the transaction exemption from registration for
non-issuer transactions by a registered broker-dealer;

         (c) Not eligible for registration under the simplified small corporate
offering registration (SCOR) form available in many states;

         (d) Not eligible for the "solicitations of interest" exception to
securities registration requirements available in many states;

         (e) Not permitted to be registered or exempted from registration, and
thus not permitted to be sold in the state under any circumstances.

Virtually all 50 states have adopted one or more of these limitations, or other
limitations or restrictions affecting the sale or resale of stock of blank check
companies or securities sold in "blind pool" offerings or "cheap stock" issued
to promoters or others. Specific limitations on such offerings have been adopted
in:

                  Alaska            Nevada           Tennessee
                  Arkansas          New Mexico       Texas
                  California        Ohio             Utah
                  Delaware          Oklahoma         Vermont
                  Florida           Oregon           Washington
                  Georgia           Pennsylvania
                  Idaho             Rhode Island
                  Indiana           South Carolina
                  Nebraska          South Dakota


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<PAGE>


Any secondary trading market that may develop may only be conducted in those
jurisdictions where an applicable exemption is available or where the shares
have been registered.

We are not a blank check company and we do not intend to engage in a merger or
acquisition with an unidentified company or companies. The Securities and
Exchange Commission has adopted a rule (Rule 419) which defines a blank-check
company as (i) a development stage company, that is (ii) offering penny stock,
as defined by Rule 3a51-1, and (iii) that has no specific business plan or
purpose or has indicated that its business plan is engage in a merger or
acquisition with an unidentified company or companies. We have also been advised
by the Securities and Exchange Commission that the securities issued by all
blank check companies that are issued in unregistered offerings must be
registered with the Commission before resale. At the time that our shareholders
acquired our stock in October 2001, we had a specific business plan and purpose,
we had web sites and we had our agreement with a third party domain registration
and web hosting company.

Certain jurisdictions may have definitions that are more restrictive than Rule
419. We have been informed that the Securities and Exchange Commission has
cautioned that "it will scrutinize registered offerings for attempts to create
the appearance that the registrant... has a specific business plan, in an effort
to avoid the applicable of Rule 419. Provisions of Rule 419 apply to every
registration statement filed under the Securities Act of 1933, as amended,
relating to an offering by a blank-check company. We have never filed a
registration statement under the Securities Act of 1933, as amended.


15.  Our common stock may be subject to significant restriction on resale due to
     federal penny stock restrictions.

The Securities and Exchange Commission has adopted rules that regulate broker or
dealer practices in connection with transactions in penny stocks. Penny stocks
generally are equity securities with a price of less than $5.00 (other than
securities registered on certain national securities exchanges or quoted on the
Nasdaq system, provided that current price and volume information with respect
to transactions in such securities is provided by the exchange system). The
penny stock rules require a broker or dealer, prior to a transaction in a penny
stock not otherwise exempt from the rules, to deliver a standardized risk
disclosure document prepared by the Securities and Exchange Commission that
provides information about penny stocks and the nature and level of risks in the
penny stock market. The broker or dealer also must provide the customer with bid
and offer quotations for the penny stock, the compensation of the broker or
dealer, and its salesperson in the transaction, and monthly account statements
showing the market value of each penny stock held in the customer's account. The
penny stock rules also require that prior to a transaction in a penny stock not
otherwise exempt from such rules, the broker or dealer must make a special
written determination that a penny stock is a suitable investment for the
purchaser and receive the purchaser's written agreement to the transaction.

These disclosure requirements may have the effect of reducing the level of
trading activity in any secondary market for our stock that becomes subject to
the penny stock rules, and accordingly, customers in our securities may find it
difficult to sell their securities, if at all.


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<PAGE>


16.  As a shell company, the reporting requirements under the federal securities
     law may delay or prevent us from making certain acquisitions or entering
     into certain business combinations.

Sections 13 and 15(d) of the 1934 Act require companies subject thereto to
provide certain information about significant acquisitions, including certified
financial statements for the company acquired, covering one, two, or three
years, depending on the relative size of the acquisition. The time and
additional costs that may be incurred by some target entities to prepare such
statements may significantly delay or essentially preclude consummation of an
otherwise desirable acquisition by the Company. Acquisition prospects that do
not have or are unable to obtain the required audited statements may not be
appropriate for acquisition so long as the reporting requirements of the 1934
Act are applicable.

In addition to the audited financial statements, in the filing of the Form 8-K
that we file to report an event that causes us to cease being a shell company,
we will be required to include that information that is normally reported by a
company in a Form 10 or Form 10-SB.

17.  If we determine to enter into a business combination, this will be a highly
     speculative activity by us with little or no assurances of success.

The success of any proposed plan of having a business combination with another
company will depend to a great extent on the operations, financial condition and
management of the identified business opportunity. While we may intend to seek
business combination(s) with entities having established operating histories,
there can be no assurance that we will be successful in locating candidates
meeting such criteria. In the event we complete a business combination, of which
there can be no assurance, the success of our operations may be dependent upon
management of the successor firm or venture partner firm and numerous other
factors beyond our control.

18.  We will face intense competition for business opportunities and potential
     business combinations.

If we seek and investigate a potential business opportunity, we are and will be
an insignificant participant in the business of seeking mergers with, joint
ventures with and acquisitions of small private and public entities. A large
number of established and well-financed entities, including venture capital
firms, are active in mergers and acquisitions of companies that may be our
desirable target candidates. Nearly all such entities have significantly greater
financial resources, technical expertise and managerial capabilities than we
have and, consequently, we will be at a competitive disadvantage in identifying
possible business opportunities and successfully completing a business
combination. Moreover, we will also compete in seeking merger or acquisition
candidates with numerous other small public companies.

19.  We have no agreements for a business combination or other transaction and
     have established no standards for a business combination.

We have no arrangement, agreement or understanding with respect to engaging in a
merger with, joint venture with or acquisition of, a private or public entity.
There can be no assurance that we will be successful in identifying and
evaluating suitable business opportunities or in concluding a business
combination. Management has not identified any particular industry or specific
business within an industry for our evaluation. There is no assurance that we
will be able to negotiate a business combination on terms favorable to us. We
have not established a specific length of operating history or a specified level


                                       12


<PAGE>


of earnings, assets, net worth or other criteria which it will require a target
business opportunity to have achieved, and without which we would not consider a
business combination in any form with such business opportunity. Accordingly, we
may enter into a business combination with a business opportunity having no
significant operating history, losses, limited or no potential for earnings,
limited assets, negative net worth or other negative characteristics.

20.  Our present management most likely will not remain after we complete a
     business combination.

A business combination involving the issuance of our Common stock will, in all
likelihood, result in shareholders of a private company obtaining a controlling
interest in us. Any such business combination may require our management to sell
or transfer all or a portion of our Common stock that is held by them, and/or
resign as members of the Board of Directors. The resulting change in our control
could result in removal of one or more present officers and directors and a
corresponding reduction in or elimination of their participation in our future
affairs.

21.  If we do any business combination, each shareholder will most likely hold a
     substantially lesser percentage ownership in the Company.

If we change our current business plan to be based upon a business combination
with a private concern that, in all likelihood, would result in the Company
issuing securities to shareholders of any such private company. The issuance of
our previously authorized and unissued Common stock would result in reduction in
percentage of shares owned by our present and prospective shareholders and may
result in a change in our control or in our management.

22.  As a shell company, we face substantial additional adverse business and
     legal consequences.

We may enter into a business combination with an entity that desires to
establish a public trading market for its shares. A business opportunity may
attempt to avoid what it deems to be adverse consequences of undertaking its own
public offering by seeking a business combination with us. Such consequences may
include, but are not limited to, time delays of the registration process,
significant expenses to be incurred in such an offering, loss of voting control
to public shareholders and the inability or unwillingness to comply with various
federal and state laws enacted for the protection of investors.

The final rules adopted by the Securities and Exchange Commission on June 29,
2005, amending the Form S-8 and the Form 8-K for shell companies like us, expand
the definition of a shell company to be broader than a company with no or
nominal operations/assets or assets consisting of cash and cash equivalents, the
amendments prohibit the use of a From S-8 (a form used by a corporation to
register securities issued to an employee, director, officer, consultant or
advisor, under certain circumstances), and revise the Form 8-K to require a
shell company to include current Form 10 or Form 10-SB information, including
audited financial statements, in the filing on Form 8-K that the shell company
files to report the acquisition of the business opportunity (the rules are
effective August 22, 2005 except the new Form 8-K Item 5.06 to require
disclosure when companies cease to be shell companies, effective as of November
7, 2005). This initial filing of the Form 8-K is within four days of the
acquisition. The Form 8-K filing may be reviewed by the Securities and Exchange
Coommission and the prospects of certain disclosures or review or the lack of
the ability to issue securities using a Form S-8 may delay the consummation of a
business combination because of the target entities inability to comply with
various federal and state laws enacted for the protection of investors or the
unwillingness to assume the significant costs of compliance.


                                       13


<PAGE>


The final rules adopted by the Securities and Exchange Commission on June 29,
2005 also revised the definition of "succession" to include a method of taking a
private company public through a shell company, like us, that is known as a
"back door" 1934 Act registration process.

The rules are intended to protect investors by deterring fraud and abuse in the
securities market through the use of shell companies.

23.  Federal and state tax consequences will, in all likelihood, be a major
     consideration in any business combination in which we may undertake.

Currently, such transactions may be structured so as to result in tax-free
treatment to both companies, pursuant to various federal and state tax
provisions. We intend to structure any business combination so as to minimize
the federal and state tax consequences to both the target entity and us;
however, there can be no assurance that such business combination will meet the
statutory requirements of a tax-free reorganization or that the parties will
obtain the intended tax-free treatment upon a transfer of stock or assets. A
non-qualifying reorganization could result in the imposition of both federal and
state taxes which may have an adverse effect on both parties to the transaction.

24.  The requirement of audited financial statements may disqualify
     business opportunities.

We believe that any potential business opportunity must provide audited
financial statements for review, for the protection of all parties to the
business combination. One or more attractive business opportunities may choose
to forego the possibility of a business combination with us, rather than incur
the expenses associated with preparing audited financial statements.

25.  If we issue additional or future shares, the present investors per share
     percentage interest in the Company may be diluted.

Any merger or acquisition effected by us can be expected to have a significant
dilutive effect on the percentage of shares held by our then shareholders.

Current Business and Planned Services.

We intend to be a referral agent and we will be an independent contractor; we
anticipate being able to collect a commission for referring qualified clients
who purchase domain registration services and web hosting from third party
providers.  We have no agreements with domain registration and web hosting
companies.  We can direct visitors to our web sites to place orders directly or
we can have visitors who access our web sites be linked to a web site provided
by a domain registration and web hosting company to place orders directly with
them.  We have not implemented any marketing plan to obtain visitors to our web
site.

Our web sites are at http://www.e-domainregistrationcorp.com and
http://www.domainandwebhosting.com (our web sites and the linked contents
to other web sites do not form any part of this report).

We have established an email account at our domain and the email messages sent
to our domain will be forwarded to the officers and directors. We have a firm
policy against the transmission of unsolicited email ("spamming"). Spamming, or
the practice of disseminating multiple unsolicited copies of junk email over the
Internet is considered a violation of Internet etiquette, i.e., netiquette. We
do not intend to disseminate unsolicited emails in an effort to obtain visitors
to our web site.


                                       14


<PAGE>


Although we have a commitment from the officers and directors to provide federal
securities law compliance funding, we may need to determine whether or not we
will continue to file periodic reports since our obligation to file the reports
is not required under the 1934 Act.  We do not meet the minimum criteria for
registration and we are exempt from registration, nonetheless, we have
voluntarily registered our securities.   It is our present intent to comply with
all of the reporting requirements under the 1934 Act.

We have no present plans, proposals, arrangements or understandings with respect
to the sale and issuance of additional securities or the obtaining of additional
loans or obtaining other financial accommodations; however, we may be required
to develop a financing strategy which may involve an additional offering of our
securities or the obtaining of funds to commence a marketing strategy.  If we do
not raise additional capital or secure loans, we will be required to determine
if our domain names have inherent intangible value with us selling our names to
others or seeking a business opportunity with a company doing domain
registration and web hosting who may desire our domain names or enter into a
business combination with a profitable company or wind up and dissolve.

If we determine to seek, investigate and, if such investigation warrants,
acquire an interest with a company doing domain registration and web hosting or
with another business opportunity presented to us by persons or firms who or
which desire to seek the advantages of a company who has complied with the 1934
Act, we will not restrict our search to any specific business, industry, or
geographical location.

Acquisition of Opportunities

In implementing any structure for a business combination, we may become a party
to a merger, consolidation, reorganization, joint venture, or licensing
agreement with another corporation or entity. We may also acquire stock or
assets of an existing business. On the consummation of a transaction, it is
probable that our present management and shareholders will no longer be in
control. In addition, our directors may, as part of the terms of the acquisition
transaction, resign and be replaced by new directors without a vote of our
shareholders or may sell their stock in us.

It is anticipated that any securities issued in any such reorganization would be
issued in reliance upon exemptions from registration under applicable federal
and state securities laws. It is also anticipated that the purpose of the
transaction would be a method of taking a private company public through a shell
company that is known as a "back door" 1934 Act registration procedure. The
current rules and amendments adopted by the Securities and Exchange Commission
are to assure that investors in shell companies like us that acquire operations
or assets have access on a timely basis to the same kind of information as is
available to investors in public companies with continuing operations.

While the actual terms of a transaction to which we may be a party cannot be
predicted, it may be expected that the parties to the business transaction will
find it desirable to avoid the creation of a taxable event and thereby structure
the acquisition in a so-called "tax-free" reorganization under Sections
368(a)(1) or 351 of the Internal Revenue Code (the "Code").


                                       15


<PAGE>


We will participate in a business opportunity only after the negotiation and
execution of appropriate written agreements. Although the terms of such
agreements cannot be predicted, generally such agreements will require some
specific representations and warranties by all of the parties thereto, will
specify certain events of default, will detail the terms of closing and the
conditions which must be satisfied by each of the parties prior to and after
such closing, will outline the manner of bearing costs, including costs
associated with the company's attorneys and accountants, will set forth remedies
on default and will include miscellaneous other terms.

Our present intent is that we will not acquire or merge with any entity which
cannot provide independent audited financial statements within the required
period of time and supply other information that is normally disclosed in
filings with the Securities and Exchange Commission. We are subject to all of
the reporting requirements included in the 1934 Act. Included in these
requirements is the affirmative duty of the company to file independent audited
financial statements as part of its Form 8-K to be filed with the Securities and
Exchange Commission upon consummation of a merger or acquisition, as well as the
Company's audited financial statements included in its annual report on Form
10-KSB. In addition, in the filing of the Form 8-K that we file to report an
event that causes us to cease being a shell company, we will be required to
include that information that is normally reported by a company in its original
Form 10 or Form 10-SB. The rules are designed to assure that investors in shell
companies that acquire operations or assets have access on a timely basis to the
same kind of information as is available to investors in public companies with
continuing

We may seek a business opportunity with entities that have recently commenced
operations, or that wish to utilize the public marketplace in order to raise
additional capital in order to expand into new products or markets, to develop a
new product or service, or for other corporate purposes.

We anticipate that the selection of a business opportunity in which to
participate will be complex and extremely risky. Due to general economic
conditions, rapid technological advances being made in some industries and
shortages of available capital, we believe that there are numerous firms seeking
the benefits of an issuer who has complied with the 1934 Act. Such benefits may
include facilitating or improving the terms on which additional equity financing
may be sought, providing liquidity for incentive stock options or similar
benefits to key employees, providing liquidity (subject to restrictions of
applicable statutes), for all shareholders.

Distribution.

We intend to deliver our referral services through our web sites. We currently
have the domain names www.e-domainregistrationcorp.com and
www.domainandwebhosting.com and we have an Internet service provider who will
provide us with a web site developer. We no longer have the domain name of
www.suzypathcorp.com. We need to enter into or formulate relationships for the
hosting, development or maintenance of a web site with other providers of this
service who will pay us a referral commission for referring leads who become
their customers.

Competitive Business Conditions.

We will remain an insignificant player among the firms that engage in selling
domain name registration services and web site hosting services. There are many
established Internet companies, which provide these services, ancillary to their
regular services, and there are many established domain name registration
companies and web site hosting companies, which have significantly greater
financial and personal resources and technical expertise than we have.


                                       16


<PAGE>


In addition, we will face competition from other entities providing services
similar to ours. We will face intense competition in all aspects of the Internet
business. The market for the providing of domain registration and web service
hosting is extremely competitive and highly fragmented. There are no substantial
barriers to entry and we expect that competition will continue to intensify. The
primary competitive factors determining success in this market are a reputation
for reliability and service, effective customer support, and pricing.

Customer Base.

We have no customer base and we have had limited visitors to our web sites.

Sources and Availability of Raw Materials.

We have no raw materials or suppliers.

Intellectual Property.

We do not have any trademarks, patents, licenses, royalty agreements, or other
proprietary interest.

Governmental Regulation Issues.

We are not affected by federal regulation relating to copyright protection,
trademark and trade dress protection, trade secrets and software and Internet
business method patents promulgated under various federal laws. We are a
referral agent and we only collect a selling commission for referring leads or
prospective customers who purchase domain registration services, web hosting
services and e-commerce services. Our method of marketing does not include
"spamming" or disseminating "junk email." Spamming, or the practice of
disseminating multiple unsolicited pieces of junk email over the Internet, or
disseminating mass emails wherein the identify of the distributor cannot be
traced or where someone assumes a third party's identify known as "spoofing,"
has become the subject of prohibited practice under some case law and under some
state laws and administrative rules and regulations. If we were to undertake
such conduct, our activities, in certain jurisdictions, could be stopped through
the use of equitable injunctive relief and, in certain jurisdictions,
compensatory damages could be awarded against us, including attorney's fees and
punitive damages for common law trespass.

However, due to increasing usage of the Internet, a number of laws and
regulations may be adopted relating to the Internet, covering user privacy,
pricing, and characteristics and quality of products and services. Furthermore,
the growth and development for Internet commerce may prompt more stringent
consumer protection laws imposing additional burdens on those companies
conducting business over the Internet. The adoption of any additional laws or
regulations may decrease the growth of the Internet, which, in turn, could
decrease the demand for Internet services and increase the cost of doing
business on the Internet. These factors may have an adverse effect on our
business, results of operations and financial condition.

Moreover, the interpretation of sales, tax, libel and personal privacy laws
applied to Internet commerce is uncertain and unresolved. We may be required to
qualify to do business as a foreign corporation in each such state or foreign
country. Our failure to qualify as a foreign corporation in a jurisdiction where
we are required to do so could subject us to taxes and penalties. Any such
existing or new legislation or regulation, including state sales tax, or the
application of laws or regulations from jurisdictions whose laws do not
currently apply to our business, could have a material adverse effect on our
business, results of operations and financial condition.


                                       17


<PAGE>


Research and Development.

We have not expended any monies during each of the last two fiscal years on
research and development activities applicable to our web sites.


Environmental Law Compliance.

We do not anticipate any environmental compliance expense.

Employees.

We currently have one employee, Amy Hadley, our president and director, who
works for our company part-time without compensation. We have no employment
contracts and our employee is not a union member or affected by labor contracts.

Reports to Security Holders.

We are a reporting company pursuant to the requirements of the 1934 Act and we
will file quarterly, annual and other reports with the Securities and Exchange
Commission. Our annual report will contain the required audited financial
statements. The reports and other information filed by us will be available for
inspection and copying at the public reference facilities of the Commission, 450
Fifth Street, N.W., Washington, D.C. 20549.

Copies of such material may be obtained by mail from the Public Reference
Section of the Commission at 450 Fifth Street, N.W., Washington, D.C. 20549, at
prescribed rates. Information on the operation of the Public Reference Room may
be obtained by calling the SEC at 1-800-SEC-0330. In addition, the Commission
maintains a World Wide Web site on the Internet at http://www.sec.gov that
contains reports, proxy and information statements and other information
regarding registrants that file electronically with the Commission.

ITEM 2.  DESCRIPTION OF PROPERTY.

Our executive offices are located at 6767 West Tropicana Avenue, Suite 207, Las
Vegas, Nevada 89103-4754 where we occupy space supplied by our registered agent.
The space is approximately 200 square feet total, of which we occupy a small
portion without charge. We feel that this space is adequate for our needs at
this time, and we feel that we will be able to locate adequate space in the
future, if needed, on commercially reasonable terms.

Although our principal executive offices are located in Las Vegas, Nevada, the
officers and directors do not intend to conduct any business at said offices.
The officers and directors will conduct business through the use of their
computer system connected to the Internet, a global electronic network,
consisting of smaller, interconnected networks, which allow computers to
exchange information over telephone wires, dedicated data cables, and wireless
links. The Internet links personal computers by means of servers, which are on
specialized operating systems and applications designed for servicing a network
environment. The officers and directors are able to connect to the Internet and
conduct business through their personal computers located in their residences at
334 N. Cuyamaca Street, El Cajon, California (Amy Hadley) and 7901 High Stream
Avenue, Las Vegas, Nevada (Felicia May Nilson and Stuart Curtis Nilson).

ITEM 3.  LEGAL PROCEEDINGS.

There is no litigation pending or threatened by or against the Company.


                                       18


<PAGE>


ITEM 4.  SUBMISSION OF MATTER TO VOTE OF SECURITY HOLDERS.

There have been no matters submitted to the Company's security holders and the
Company has not held any annual meetings.

In connection with the series of transactions wherein we became the successor
company (successor by merger - acquisition of assets) in connection with a
series of articles and plans of merger which resulted in the acquisition of all
of the assets subject to the liabilities and obligations of each of Bahamas
Enterprises, Inc. and Suzy-Path, Corp., we did not file with the Securities and
Exchange Commission information similar to that which is required for a proxy
solicitation. The Company did not engage in any proxy solicitation. If there is
no proxy solicitation, the Company was still required to supply the information
required by Schedule 14C to the shareholders entitled to vote at least 20 days
prior to any action. The transactions were consummated in violation of the
rules. A private right of action may lie for the alleged violation of Rule
14c-6. In addition, under Nevada law, any shareholder who does not agree to the
merger may seek judicial appraisal of the fair value of their shares. Each
shareholder was provided with a copy of the Form 8K12G filed with the Securities
and Exchange Commission on October 25, 2001 and a copy of Nevada Revised
Statues, NRS 92A.300 to NRA92A.500 (dissenter rights). All of the shareholders
exchanged the shares owned by them in the predecessor issuer in consideration
for the sale and issuance of our shares - there were no shareholders who
dissented and there were no shareholders who notified us that they desired to
assert any appraisal rights.


ITEM 5.  MARKET FOR COMMON COMPANY EQUITY AND RELATED STOCKHOLDER MATTER.

Market Information and Market Price.

There is no trading market for our common stock at present and there has been no
trading market to date. Our common stock is not traded on any exchange. We plan
to eventually seek listing on the OTC Bulletin Board System or in the Pink
Sheets LLC internet-based quotation service entitled the "Pink Sheets."

There is no assurance that a trading market will ever develop or, if such a
market does develop, that it will continue. We intend to request a broker-dealer
to make application to the NASD Regulation, Inc. to have the Company's
securities traded on the OTC Bulletin Board System or published, in print and
electronic media, or either, in the Pink Sheets LLC "Pink Sheets."

We cannot guarantee that we will obtain a listing. There is no trading activity
in our securities, and there can be no assurance that a regular trading market
for our common stock will ever be developed.

Before a price can be entered in the pink sheets, a broker-dealer must make a
supplemental filing with the NASD Regulation, Inc. which includes the basis and
factors for the broker-dealer's price quotation and said filing must be received
by the NASD Regulation, Inc. three days before the priced entry appears in the
quotation media.

Once a priced quotation has been entered in the Pink Sheets computerized
electronic quotation system, broker-dealers who are using the Pink Sheet
electronic quotation service have access to price information from various
market makers. Market makers can submit two sided, one sided or name only quotes
in the Pink Sheets. The Pink Sheets will only accept quotations from Securities
and Exchange Commission registered broker-dealers and market makers are subject
to applicable federal and state securities laws and National Association of


                                       19


<PAGE>


Securities Dealers Rules. Further, we have been informed that the Pink Sheets
believes that adequate current information must be publicly available when an
issuer's securities are quoted by a broker-dealer at various times, to include
when securities that were sold initially in a private placement become freely
traded in the over-the-counter market. Market makers must be subscribers and
must have quotation privileges to "securities in the pink sheets." The NASD
Regulation, Inc. reviews the market makers application and if cleared, it cannot
be assumed by any investor that any federal, state or self regulatory
requirements other than certain NASD rules and Rule 15c2-11 under the 1934 Act,
has been considered by the NASD Regulation, Inc. Further, the clearance should
not be construed by any investor as indicating that the NASD Regulation, Inc.,
the Securities and Exchange Commission or any state securities commission have
passed upon the accuracy or adequacy of any of the documents contained in our
submission to the broker-dealer.

We intend to request a broker-dealer to make application to the NASD Regulation,
Inc. to have the Company's securities traded on the OTC Bulletin Board System.
There is no assurance that a trading market will ever develop or, if such a
market does develop, that it will continue.

Other Stock Market Considerations.

The Securities and Exchange Commission adopted Rule 15g-9, which established the
definition of a "penny stock," for purposes relevant to the Company, as any
equity security that has a market price of less than $5.00 per share or with an
exercise price of less than $5.00 per share, subject to certain exceptions. For
any transaction involving a penny stock, unless exempt, the rules require: (i)
that a broker or dealer approve a person's account for transactions in penny
stocks; and (ii) the broker or dealer receive from the investor a written
agreement to the transaction, setting forth the identity and quantity of the
penny stock to be purchased. In order to approve a person's account for
transactions in penny stocks, the broker or dealer must (i) obtain financial
information and investment experience and objectives of the person; and (ii)
make a reasonable determination that the transactions in penny stocks are
suitable for that person and that person has sufficient knowledge and experience
in financial matters to be capable of evaluating the risks of transactions in
penny stocks. The broker or dealer must also deliver, prior to any transaction
in a penny stock, a disclosure schedule prepared by the Commission relating to
the penny stock market, which, in highlight form, (i) sets forth the basis on
which the broker or dealer made the suitability determination; and (ii) that the
broker or dealer received a signed, written agreement from the investor prior to
the transaction. Disclosure also has to be made about the risks of investing in
penny stock in both public offering and in secondary trading, and about
commissions payable to both the broker-dealer and the registered representative,
current quotations for the securities and the rights and remedies available to
an investor in cases of fraud in penny stock transactions. Finally, monthly
statements have to be sent disclosing recent price information for the penny
stock held in the account and information on the limited market in penny stocks.

Shareholders.

As of December 31, 2004 and as of the date hereof, we had 26 shareholders of
record of our common stock.


                                       20


<PAGE>


Voting Rights.

Each share of common stock entitles the holder to one vote, either in person or
by proxy, at meetings of shareholders. The holders are not permitted to vote
their shares cumulatively. Accordingly, the holders of common stock holding, in
the aggregate, more than fifty percent of the total voting rights can elect all
of our directors and, in such event, the holders of the remaining minority
shares will not be able to elect any of such directors. The vote of the holders
of a majority of the issued and outstanding shares of common stock entitled to
vote thereon is sufficient to authorize, affirm, ratify or consent to such act
or action, except as otherwise provided by law.

Section 2115 of the California General Corporation law, however, provides that a
corporation incorporated under the laws of a jurisdiction other than California,
but which has more than one-half of its "outstanding voting securities" and
which has a majority of its property, payroll and sales in California, based on
the factors used in determining its income allocable to California on its
franchise tax returns, may be required to provide cumulative voting until such
time as the Company has its shares listed on certain national securities
exchanges, or designated as a national market security on NASDAQ (subject to
certain limitations). Accordingly, holders of the our common stock may be
entitled to one vote for each share of common stock held and may have cumulative
voting rights in the election of directors. This means that holders are entitled
to one vote for each share of common stock held, multiplied by the number of
directors to be elected, and the holder may cast all such votes for a single
director, or may distribute them among any number of all of the directors to be
elected.

Our existing directors who are also shareholders, acting in harmony, will be
able to elect all of the members of our board of directors even if Section 2115
is applicable.

Dividend Policy.

All shares of common stock are entitled to participate proportionally in
dividends if our board of directors declares them out of the funds legally
available. These dividends may be paid in cash, property or additional shares of
common stock. We have not paid any dividends since our inception and presently
anticipate that all earnings, if any, will be retained for development of our
business. Any future dividends will be at the discretion of our board of
directors and will depend upon, among other things, our future earnings,
operating and financial condition, capital requirements, and other factors.
Therefore, there can be no assurance that any dividends on the common stock will
be paid in the future.

Miscellaneous Rights and Provisions.

Holders of shares of common stock have no preemptive or other subscription
rights, conversion rights, redemption or sinking fund provisions. In the event
of our dissolution, whether voluntary or involuntary, each share of common stock
is entitled to share proportionally in any assets available for distribution to
holders of our equity after satisfaction of all liabilities.


                                       21


<PAGE>


Transfer Agent.

Our transfer agent is:

            Pacific Stock Transfer Company
            500 E. Warm Springs, Suite 240
            Las Vegas, Nevada 89119
            (702) 361-3033
            (702) 433-1979 (fax)

CUSIP Number.

Our CUSIP number is 25702N 10 7

Recent Sales of Unregistered Securities.

The Company has not issued securities during the three year period preceding the
date of this registration statement.

On July 31 1996, Bahamas Enterprises, Inc. sold and issued for 2,100,000 shares
of its $.001 par value common stock (as adjusted for a stock split of February
2, 1999) to 25 individuals, at par value. Each of the shares of common stock was
sold for cash. Prior to the forward stock split, each shareholder paid $.10 per
share for the shares, Bahamas Enterprises, Inc. sold and issued 2,100 shares,
and the aggregate consideration received by Bahamas Enterprises, Inc. was
$2,100.00. Bahamas Enterprises, Inc. did not publicly offer its securities and
no underwriter was used in connection with the sale and issuance of the shares
of common stock.

All of the shareholders have had a pre-existing personal or business
relationship with Bahamas Enterprises, Inc. or its officers and directors. By
reason of their business experience, each had been involved financially and by
virtue of a time commitment in business projects with the officers of the
Bahamas Enterprises, Inc. Further, each of the shareholders had established a
pre-existing personal relationship with its officers and directors. The
following are the names of the 25 issuees and the number of shares purchased by
each of them.

         Name                                 Number of Shares

         Felicia May Nilson                        500,000
         Stuart Curtis Nilson                      600,000
         Vickie L. Andre                           350,000
         Cheryl E. Solomon                          40,000
         Nicholas Cappele                           20,000
         Peggy Melilli                              20,000
         Dennis Melilli                             20,000
         Debra E. White                             30,000
         Keith Boivin                               30,000
         Patricia L. Martin                         30,000
         Charles L. Jones                           40,000
         Grace M. Jones                             40,000
         Laree E. Jones                             30,000
         Lew Huster                                 20,000
         Mitch C. Mullins                           30,000
         Gerald Edward Russo                        40,000
         David W. Wiedeman                          30,000
         Victoria J. Fisher                         30,000
         Gail Kunz                                  20,000
         Gary T. Peterson                           30,000
         Diana F. Peterson                          30,000
         Dorothy A. Guerra                          30,000
         Gilbert Guerra                             30,000
         Michael Browers                            30,000
         Julia Browers                              30,000
                                                 _________
                                                 2,100,000


                                       22


<PAGE>


Felicia May Nilson and Stuart Curtis Nilson; Peggy Melilli and Dennis Mililli;
Diane F. Peterson and Gary T. Peterson; Dorothy A. Guerra and Gilbert Guerra;
Grace M. Jones and Charles L. Jones; and Julia Bowers and Michael Bowers are,
respectively, husbands and wives. Laree E. Jones is the daughter of Grace M.
Jones and Charles L. Jones.

The sale and issuance of the shares of common stock was exempt from registration
under the Securities Act of 1933, as amended, by virtue of section 4(2) as a
transaction not involving a public offering. Each of the shareholders had
acquired the shares for investment and not with a view to distribution to the
public.

All of the shares of common stock of the Company had been issued for investment
purposes in a "private transaction" and were "restricted" shares as defined in
Rule 144 under the Securities Act of 1933, as amended.

On September 1, 1999, Suzy-Path, Corp. sold and issued for cash 20,000 shares of
its $.001 par value common stock to Amy Hadley for $2,000. Suzy-Path, Corp.
relied upon Section 4(2) of the Securities Act of 1933, as amended, as the
exemption applicable to the sale and issuance of the common stock. Suzy-Path,
Corp. did not publicly offer its securities and no underwriter was used in
connection with the sale and issuance of the shares of common stock to its sole
shareholder. All of the shares of common stock of Suzy-Path, Corp. have been
issued for investment purposes in a "private transaction" and were "restricted"
shares as defined in Rule 144 under the Securities Act of 1933, as amended.

On August 1, 2001, the Company sold and issued for cash one share of its $.001
par value common stock to Suzy-Path, Corp. for cash for $15,000. The Company
relied upon Section 4(2) of the Securities Act of 1933, as amended, as the
exemption applicable to the sale and issuance of the common stock. The Company
did not publicly offer its securities and no underwriter was used in connection
with the sale and issuance of the shares of common stock to its sole
shareholder. All of the shares of common stock of the Company had been issued
for investment purposes in a "private transaction" and were "restricted" shares
as defined in Rule 144 under the Securities Act of 1933, as amended.

As a result of the issuance by the Company of its shares of common stock to
Suzy-Path, Corp. on August 1, 2001, the Company became a wholly owned subsidiary
of Suzy-Path, Corp.

On October 9, 2001, pursuant to Articles and Plan of Merger, Suzy-Path, Corp.
and Bahamas Enterprises, Inc. merged with Suzy-Path, Corp. as the surviving
corporation. At the time of the filing of the Articles and Plan of Merger,
Bahamas Enterprises, Inc. had the same original shareholders. The securities
sold were for other than cash; the consideration was the exchange and conversion
of other outstanding securities. The manner of converting shares by the
shareholders of Bahamas Enterprises, Inc. into shares of Suzy-Path, Corp. was as
follows:

     A.   Each share of stock of Bahamas Enterprises, Inc. outstanding was
          converted into common stock of Suzy Path, Corp. at the ratio of one
          share of common stock of Suzy-Path, Corp. for each one share of the
          common stock of Bahamas Enterprises, Inc. The shareholders of Bahamas
          Enterprises, Inc. were the same shareholders who acquired the shares
          of common stock on July 31, 1996 and owned, in the aggregate, a total
          of 2,100,000 shares of common stock of Suzy-Path, Corp.

     B.   Each outstanding certificate representing shares of the common stock
          of Bahamas Enterprises, Inc. was deemed, for all corporate purposes,
          to evidence the ownership of the number of fully paid, nonassessable
          shares of common stock of Suzy-Path, Corp. into which such shares of
          common stock of Bahamas Enterprises, Inc. shall be so converted.


                                       23


<PAGE>


     C.   As of October 9, 2001, each share of common stock of Suzy-Path, Corp.
          owned by Amy Hadley, the sole shareholder of Suzy-Path, Corp. was
          converted into common stock of the Suzy-Path, Inc. at the ratio of one
          hundred (100) shares of common stock of Suzy-Path, Corp. for each one
          (1) share of the common stock of Suzy-Path, Corp. held by Amy Hadley.
          Amy Hadley, giving effect to the transaction, owned 2,000,000 shares
          of common stock of Suzy-Path, Corp.


Bahamas Enterprises, Inc. and Suzy-Path, Corp., and each of them, relied upon
Section 4(2) of the Securities Act of 1933, as amended, as the exemption
applicable to the sale and issuance of the common stock. Each did not publicly
offer its securities and no underwriter was used in connection with the sale and
issuance of the shares of common stock to its existing shareholders. In
addition, Bahamas Enterprises, Inc and Suzy-Path, Corp., and each of them,
relied upon Section 3(9) of the Securities Act of 1933, as amended, as the
exemption applicable to the sale and issuance and exchange of its shares of
common stock with its existing shareholders. All of the shares of common stock
had been issued for investment purposes in a "private transaction" and were
"restricted" shares as defined in Rule 144 under the Securities Act of 1933, as
amended.

On October 10, 2001, pursuant to Articles and Plan of Merger, Suzy-Path, Corp.
and the Company merged, a parent corporation merging into its wholly owned
subsidiary, wherein the Company became the successor issuer. The Company and
Suzy-Path, Corp., and each of them, relied upon Section 4(2) of the Securities
Act of 1933, as amended, as the exemption applicable to the sale and issuance of
the common stock. Each did not publicly offer its securities and no underwriter
was used in connection with the sale and issuance of the shares of common stock
to its existing shareholders. In addition, the Company and Suzy-Path, Corp., and
each of them, relied upon Section 3(9) of the Securities Act of 1933, as
amended, as the exemption applicable to the sale and issuance and exchange of
its shares of common stock with its existing shareholders. The securities sold
were for other than cash; the consideration was the exchange and conversion of
other outstanding securities. All of the shares of common stock had been issued
for investment purposes in a "private transaction" and were "restricted" shares
as defined in Rule 144 under the Securities Act of 1933, as amended. At the time
of the transaction, the Company issued the 4,100,000 shares currently
outstanding to the shareholders of record in consideration and in exchange of
the 4,100,000 shares then issued and outstanding in Suzy-Path, Corp. Amy Hadley
owned 2,000,000 shares of common stock of the Company and the original
shareholders of Bahamas Enterprises, Inc. owned 2,100,000 shares of common stock
of the Company. The one outstanding share of stock sold and issued to Suzy-Path,
Corp. by the Company on August 1, 2001 was surrendered for cancellation and
restored to authorized and unissued.

From the date of the original issuance on July 31, 1996 until the effect of the
transaction of October 9, 2001 and the exchange as a result of the transaction
of October 10, 2001, there were no transfers of any shares of common stock sold
and issued to the original 25 shareholders. After the transaction of October 10,
2001 until the date of this report, said 25 shareholders (and Amy Hadley) have
continued to hold the shares of common stock of the Company.

The Company does not have any securities issued and outstanding that are
convertible or exchangeable into our equity securities or warrants or options
representing equity securities as a result of the recent sales of unregistered
securities or as a result of any of the transactions between Bahamas
Enterprises, Inc., Suzy-Path, Corp. and the Company, or any one or more of them,
and their or our respective shareholders.


                                       24


<PAGE>


Except for the exchange of October 10, 2001, the Company (and its predecessors,
Bahamas Enterprises, Inc. and Suzy-Path, Corp., and each of them) has not issued
any of its shares of common stock for consideration other than cash. No
shareholder has transferred his or her shares to any other shareholder and all
of shareholders originally paid cash for his or her securities and thereafter
effectuated an exchange of those securities for the shares of common stock
currently held by the shareholder in the Company.

Shares Eligible for Future Sale.

As of the date of this report, all of the issued and outstanding shares of the
Company's common stock held by non-affiliates (600,000 shares of common stock)
should be eligible for sale under Rule 144 promulgated under the Securities Act
of 1933, as amended, subject to certain limitations included in said Rule. In
general, under Rule 144, a person (or persons whose shares are aggregated), who
has satisfied a one year holding period, under certain circumstances, may sell
within any three-month period a number of shares which does not exceed the
greater of one percent of the then outstanding common stock or the average
weekly trading volume during the four calendar weeks prior to such sale. Rule
144 also permits, under certain circumstances, the sale of shares without any
quantity limitation by a person who has satisfied a two-year holding period and
who is not, and has not been for the preceding three months, an affiliate of the
Company.

The 600,000 shares of our common stock were acquired by non-affiliates on or
about October 10, 2001 in a transaction that was exempt from the registration
requirements of the Securities Act of 1933, as amended. We relied upon a
transactional exemption provided by Section 4(2) and a security exemption
provided by Section 3(a)(9) and/or exempt from the registration requirements
under Rule 145 in reliance on the exemption provided by Section 4(2). At the
time of the series of transactions, we were not a blank check or blind pool
company, our business purpose was defined and we had commenced implementation of
our business plan.

In summary, Rule 144 applies to affiliates (that is, control persons) and
nonaffiliates when they resell restricted securities (those purchased from the
issuer or an affiliate of the issuer in nonpublic transactions). Nonaffiliates
reselling restricted securities, as well as affiliates selling restricted or
nonrestricted securities, are not considered to be engaged in a distribution
and, therefore, are not deemed to be underwriters as defined in Section 2(11),
if six conditions are met:

     (1)  Current public information must be available about the issuer unless
          sales are limited to those made by nonaffiliates after two years.

     (2)  When restricted securities are sold, generally there must be a
          one-year holding period.

     (3)  When either restricted or nonrestricted securities are sold by an
          affiliate after one year, there are limitations on the amount of
          securities that may be sold; when restricted securities are sold by
          non-affiliates between the first and second years, there are identical
          limitations; after two years, there are no volume limitations for
          resales by non-affiliates.

     (4)  Except for sales of restricted securities made by nonaffiliates after
          two years, all sales must be made in brokers' transactions as defined
          in Section 4(4) of the Securities Act of 1933, as amended, or a
          transaction directly with a "market maker" as that term is defined in
          Section 3(a)(38) of the 1934 Act.


                                       25


<PAGE>


     (5)  Except for sales of restricted securities made by nonaffiliates after
          two years, a notice of proposed sale must be filed for all sales in
          excess of 500 shares or with an aggregate sales price in excess of
          $10,000.

     (6)  There must be a bona fide intention to sell within a reasonable time
          after the filing of the notice referred to in (5) above.

We do not believe that our non-affiliates are promoters and/or underwriters, as
that term is defined the Securities Act of 1933, as amended, and Rule 144
promulgated under said Act. Further, the resale provisions of Rule 145 permit
the sale of securities if such securities are sold in accordance with the
provisions of paragraphs (c), (e), (f) and (g) of Rule 144, discussed above.
Rule 144 provides that any person who sells restricted securities shall be
deemed not to be engaged in a distribution of such securities and therefore not
an underwriter thereof if the sale is made in accordance with all of the
provisions of said rule.

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

The discussion contained herein contains "forward- looking statements" that
involve risk and uncertainties. These statements may be identified by the use of
terminology such as "believes," "expects," "may," "should" or anticipates" or
expressing this terminology negatively or similar expressions or by discussions
of strategy. The cautionary statements made in this prospectus should be read as
being applicable to all related forward-looking statements wherever they appear
in this prospectus. Our actual results could differ materially from those
discussed in this Form 10KSB.

Important factors that could cause or contribute to such differences include
those discussed under the caption entitled "Risk Factors," as well as those
discussed elsewhere in this Form 10KSB.

Plan Implementation.

We are a development stage company with limited operations and no revenues. We
are unable to satisfy cash requirements without management's financial support.
We anticipate that we will meet our cash requirements for the foreseeable future
through the financial support of our management. Management's financial
accommodations will be evidenced by non-interest bearing promissory notes
between management and the Company.

Amy Hadley has agreed to fund our future "burn rate," and expenses of having us
comply with the federal securities laws (and being a public company).

Over the next twelve months, we plan to formulate and market our web sites and
we will do domain registration and web hosting sales. We do not know when we
will commence formulation or marketing of our web sites.

In the event that we do not have sufficient funds advanced by our current
officers and directors, we will need additional financing to implement a
business plan. We have no present plans, proposals, arrangements or
understandings with respect to the sale and issuance of additional securities or
the obtaining of additional loans or obtaining other financial accommodations;
however, we will be required to develop a financing strategy which will involve
an additional offering of our securities or the obtaining of funds to commence
our marketing strategy. If we do not raise additional capital or secure loans,
we will be required to determine if our domain names have inherent intangible
value with us selling our names or seeking a business opportunity with a company


                                       26


<PAGE>


doing domain registration and web hosting who may desire our domain names or
some other business opportunity or wind up and dissolve. However, we do not
presently intend to engage in a merger or acquisition with an unidentified
company or companies and we intend to pursue our business plan. In addition,
although we have a commitment from the officers and directors to provide federal
securities law compliance funding, we may need to determine whether or not we
will continue to file periodic reports since our obligation to file the reports
is not required under the 1934 Act. We do not meet the minimum criteria for
registration and we are exempt from registration, nonetheless, we have
voluntarily registered our securities. It is our present intent to comply with
all of the reporting requirements under the 1934 Act.

Restated Financial Statements.

We had determined that the accounting treatment of the merger transaction
between Bahamas Enterprises, Inc. and Suzy-Path, Corp. was incorrect. On October
9, 2001, we treated the merger of these entities as a business acquisition using
the purchase method of accounting as described by SFAS No. 141, "Business
Combinations." Upon subsequent review of the transaction, this was determined to
be an incorrect treatment.

Business combinations under SFAS No. 141 apply to the acquisition of a business.
Bahamas Enterprises, Inc. was a non-operating public shell corporation, and
therefore, not a business. For reporting purposes, the transaction is treated as
a capital transaction where the acquiring corporation issued stock for the net
monetary assets of the shell corporation, accompanied by a recapitalization. The
accounting is similar in form to a reverse acquisition, except that goodwill or
other intangibles are not recorded.

In addition, on October 10, 2001, we had a business combination that occurred
between Suzy-Path, Corp., our parent corporation, and us, as a wholly owned
subsidiary. The parent and subsidiary were consolidated for financial purposes.
SFAS No. 141, "Business Combinations," does not apply to the transaction as both
entities were under common control. In accordance with APB No. 16 the merger was
treated as an exchange of equity of entities under common control where the
merged financial statements of Domain Registration, Corp. were the consolidated
financial statements of Suzy-Path, Corp. and subsidiaries, are included with
Domain Registration, Corp. all as if the business transaction had occurred at
the beginning of the reporting period.

Prior to the restatement of the financial statements, the goodwill, as of
December 31, 2001 and December 31, 2003, net of amortization was $1,700.

As of December 31, 2004, giving effect to the restatement of the financial
statements as of December 31, 2001 and December 31, 2003, the accumulated
deficit during the development stage was $62,115. The restated accumulated
deficit as of December 31, 2001 was $39,835 and as of December 31, 2003 was
$51,243.

Financial Condition.

Our auditor's going concern opinion and the notation in the financial statements
indicate that we do not have significant cash or other material assets and that
we are relying on advances from stockholders, officers and directors to meet
limited operating expenses. We do not have sufficient cash or other material
assets or do we have sufficient operations or an established source of revenue
to cover our operational costs that would allow us to continue as a going
concern. We are insolvent in that we are unable to pay our debts in the ordinary
course of business as they become due. We do not have income to pay our debts in
the ordinary course of business as they become due. Our financial statements do
not include any adjustments relating to the recoverability and classification of
asset carrying amounts and classification of liabilities that might result
should we be unable to continue as a going concern. We have a loss from
inception through December 31, 2004 of $76,058.


                                       27


<PAGE>


Plan of Operation.

We currently have cash of $1,145 and $8,550 in prepaid expenses that constitutes
our total assets. We have no other liquid current assets and we have received no
revenue from operations. Our web sites may have been accessed by visitors. Our
loss from inception through December 31, 2004 is $76,058. Without the
implementation of any marketing plan, our current "burn rate" is less than $80
per month. Upon implementation of a marketing plan, we expect that our "burn
rate" will increase.

We are unable to predict our future income; accordingly, we do not know when our
operating expenses and operating losses will cease and when we will begin
reducing our accumulated deficit and commence repayment of the officers'
advances.

If we do not raise additional capital or secure loans, we will be required to
determine if our domain names have inherent intangible value with us selling our
names or seeking a business opportunity with a company doing domain registration
and web hosting who may desire our domain names or seek out a business
combination or wind up and dissolve.

We are currently not engaged in any preliminary negotiations to effectuate a
business combination. The majority shareholders have had no preliminary
negotiations that, if consummated, may result in a change in control. We have
been informed that, if, pursuant to any arrangement or understanding with the
person or persons acquiring securities in a transaction subject to the 1934 Act,
any persons are to be elected or designated as directors of the Company,
otherwise than at a meeting of security holders, and the persons so elected or
designated will constitute a majority of the directors of the Company, then, not
less than 10 days prior to the date any such persons take office as a director,
or such shorter period prior to the date the Securities and Exchange Commission
may authorize upon a showing of good cause therefore, the Company shall file
with the Securities and Exchange Commission and transmit to all holders of
record of securities of the Company who would be entitled to vote at a meeting
for election of directors, information substantially equivalent to certain
information which would be required by Schedule 14A of Regulation 14A to be
transmitted if such person or persons were nominees for election as directors at
a meeting of such security holders. A Form 8-K is also required to be filed when
there is a change of control.

On June 29, 2005, the Securities and Exchange Commission adopted final rules
amending the Form S-8 and the Form 8-K for shell companies like us. The
amendments expand the definition of a shell company to be broader than a company
with no or nominal operations/assets or assets consisting of cash and cash
equivalents, the amendments prohibit the use of a From S-8 (a form used by a
corporation to register securities issued to an employee, director, officer,
consultant or advisor, under certain circumstances), and revise the Form 8-K to
require a shell company to include current Form 10 or Form 10-SB information,
including audited financial statements, in the filing on Form 8-K that the shell
company files to report the acquisition of the business opportunity. The rules
are designed to assure that investors in shell companies that acquire operations
or assets have access on a timely basis to the same kind of information as is
available to investors in public companies with continuing operations.

We are dependent upon our officers to meet any de minimis costs that we may
incur. Amy Hadley, an officer and director of the Company, has agreed to provide
the necessary funds, without interest, for us to comply with the 1934 Act;
provided that she is an officer and director of the Company when the obligation
is incurred. As part of any transaction that may result in the change in our
control, Amy Hadley may forgive the indebtedness owed to her by us.


                                       28


<PAGE>


Since we have had no operating history nor any revenues or earnings from
operations, with no significant assets or financial resources, we will in all
likelihood continue to sustain operating expenses without corresponding
revenues, at least until implementation of our marketing plan, selling of our
domain names or the consummation of a business combination. This may result in
us incurring a net operating loss which will increase continuously until we can
consummate a business combination with a profitable business opportunity and
consummate such a business combination.

Liquidity and Operational Results.

We have limited assets and liquidity. As of December 31, 2004, we had cash of
approximately $1,145 and $8,550 in prepaid expenses. As a result of a prior
restatement of our financial statements, no goodwill or other intangible assets
are reflected.

As of December 31, 2004, we had total liabilities of $81,653 and we had a
negative net worth of $71,958.

We have had nominal revenues from inception through December 31, 2004. Our loss
from inception through December 31, 2004 was $76,058. Our loss for the year
ended December 31, 2004 was $13,943 or an increase of $3,071 from the prior
year.

During the fiscal year ending December 31, 2004, we incurred expenses of $13,943
as compared to the fiscal year ended December 31, 2003 of $10,872 or an increase
of $3,071.

We have officer's advances of $68,153 from inception to December 31, 2004. The
officer's advances as of December 31, 2003 were $59,066 or an increase of
$9,087.

Accounting for a Business Combination.

In July 2001, the Financial Accounting Standards Board issued Statement of
Financial Accounting Standards "SFAS" No. 141, "Business Combinations" and SFAS
No. 142, "Goodwill and Other Intangible Assets." SFAS No. 141 requires business
combinations initiated after June 30, 2001 to be accounted for using the
purchase method of accounting, and broadens the criteria for recording
intangible assets separate from goodwill. Recorded goodwill and intangibles will
be evaluated against these new criteria and may result in certain intangibles
being subsumed into goodwill, or alternatively, amounts initially recorded as
goodwill may be separately identified an recognized apart from goodwill. SGAS
No. 142 requires the use of a non-amortization approach to account for purchased
goodwill and certain intangibles. Under a non-amortization approach, goodwill
and certain intangibles is more than its fair value. Goodwill is the excess of
the acquisition costs of the acquired entity over the fair value of the
identifiable net assets acquired. The Company is required to test goodwill and
intangible assets that are determined to have an indefinite life for impairments
at least annually. The provisions of SFAS No. 142 require the completion of an
annual impairment test with any impairment recognized in current earnings. The
provisions of SFAS No. 141 and SFAS No. 142 may be applicable to any business
combination that we may enter into in the future.

We have also been informed that most business combinations will be accounted for
as a reverse acquisition with us being the surviving registrant. As a result of
any business combination, if the acquired entity's shareholders will exercise
control over us, the transaction will be deemed to be a capital transaction
where we are treated as a non-business entity. Therefore, the accounting for the
business combination is identical to that resulting from a reverse merger,
except no goodwill or other intangible assets will be recorded. For accounting
purposes, the acquired entity will be treated as the accounting acquirer and,
accordingly, will be presented as the continuing entity.


                                       29


<PAGE>


ITEM 7.  FINANCIAL STATEMENTS.












                           DOMAIN REGISTRATION, CORP.
                        (A Development Stage Enterprise)

                                FINANCIAL REPORTS

                                DECEMBER 31, 2004
                                DECEMBER 31, 2003







                                       30


<PAGE>


                           DOMAIN REGISTRATION, CORP.
                        (A DEVELOPMENT STAGE ENTERPRISE)

                                    CONTENTS







INDEPENDENT AUDITOR'S REPORT ON THE FINANCIAL STATEMENTS                     F-1
________________________________________________________________________________

FINANCIAL STATEMENTS

   Balance Sheets                                                            F-2

   Statements of Income                                                      F-3

   Statements of Stockholders' Deficit                                       F-4

   Statements of Cash Flows                                                  F-5

   Notes to Financial Statements                                          F-6-11
________________________________________________________________________________














                                       31


<PAGE>



             REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM


To the Board of Directors
Domain Registration, Corp.
Las Vegas, Nevada


I have audited the accompanying balance sheets of Domain Registration, Corp. (A
Development Stage Enterprise) as of December 31, 2004, and the related
statements of income, stockholders' deficit, and cash flows for the year then
ended and the period July 10, 1996 (inception) through December 31, 2004. These
financial statements are the responsibility of the Company's management. My
responsibility is to express an opinion on these financial statements based on
my audit.

I conducted my audit in accordance with the standards of the Public Company
Accounting Oversight Board (United States). Those standards require that I 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. I believe that my audit provides a reasonable
basis for my opinion.

In my opinion, the financial statements referred to above present fairly, in all
material respects, the financial position of Domain Registration, Corp. (A
Development Stage Enterprise) as of December 31, 2004 and the results of its
operations and cash flows for the year then ended, and the period July 10, 1996
(inception) through December 31, 2004, in conformity with generally accepted
accounting principles.

The accompanying financial statements have been prepared assuming that the
Company will continue as a going concern. As discussed in Note 1 to the
financial statements, the Company has limited operations and has no established
source of revenue. This raises substantial doubt about its ability to continue
as a going concern. Management's plan in regard to these matters is also
described in Note 1. The financial statements do not include any adjustments
that might result from the outcome of this uncertainty.


Kyle L. Tingle, CPA, LLC

February 21, 2005
Las Vegas, Nevada


                                      F-1


<PAGE>

<TABLE>
<CAPTION>


                           DOMAIN REGISTRATION, CORP.
                        (A DEVELOPMENT STAGE ENTERPRISE)
                                 BALANCE SHEETS


                                                        December 31,     December 31,
                                                                2004             2003
                                                        ____________     ____________
<S>                                                      <C>              <C>

                                     ASSETS

CURRENT ASSETS
     Cash in escrow                                      $  1,145         $  1,101
     Prepaid expenses                                       8,550           13,950
                                                         ________         ________

            Total current assets                         $  9,695         $ 15,051
                                                         ________         ________


                   Total assets                          $  9,695         $ 15,051
                                                         ========         ========


            LIABILITIES AND STOCKHOLDERS' DEFICIT

CURRENT LIABILITIES
     Accounts payable                                    $ 13,500         $ 14,000
     Officers advances                                     68,153           59,066
                                                         ________         ________

            Total current liabilities                    $ 81,653         $ 73,066
                                                         ________         ________


STOCKHOLDERS' EQUITY
     Common stock: $.001 par value;
        authorized 50,000,000 shares;
        issued and outstanding:
        4,100,000 shares at December 31, 2003:           $                $  4,100
        4,100,000 shares at December 31, 2004;              4,100
     Additional Paid In Capital                                 0                0
     Accumulated deficit during development stage         (76,058)         (62,115)
                                                         ________         ________

            Total stockholders' deficit                  $(71,958)        $(58,015)
                                                         ________         ________

                   Total liabilities and
                   stockholders' deficit                 $  9,695         $ 15,051
                                                         ========         ========


                 See Accompanying Notes to Financial Statements.

</TABLE>


                                      F-2


<PAGE>

<TABLE>
<CAPTION>


                           DOMAIN REGISTRATION, CORP.
                        (A DEVELOPMENT STAGE ENTERPRISE)
                              STATEMENTS OF INCOME
                            YEARS ENDED DECEMBER 31,


                                                                         July 10, 1996
                                                                        (inception) to
                                                                          December 31,
                                             2004              2003               2004
                                       __________        __________     ______________
<S>                                    <C>               <C>              <C>


Revenues                               $       44        $        0       $       44

Cost of revenue                                 0                 0                0
                                       __________        __________       __________

           Gross profit                $       44        $        0       $       44

General, selling and
   administrative expenses                 13,987            10,872           76,102
                                       __________        __________       __________
           Operating (loss)            $  (13,943)       $  (10,872)      $  (76,058)

Nonoperating income (expense)                   0                 0                0
                                       __________        __________       __________

   Net (loss)                          $  (13,943)       $  (10,872)      $  (76,058)
                                       ==========        ==========       ==========


   Net (loss) per share, basic
   and diluted (Note 2)                $    (0.00)       $    (0.00)      $    (0.03)
                                       ==========        ==========       ==========

   Average number of shares
   of common stock outstanding          4,100,000         4,100,000        2,866,780
                                       ==========        ==========       ==========


                 See Accompanying Notes to Financial Statements.

</TABLE>


                                      F-3


<PAGE>

<TABLE>
<CAPTION>


                           DOMAIN REGISTRATION, CORP.
                        (A DEVELOPMENT STAGE ENTERPRISE)
                       STATEMENTS OF STOCKHOLDERS' DEFICIT




                                                                                          Accumulated
                                                                                           (Deficit)
                                                    Common Stock           Additional       During
                                               _______________________       Paid-In       Development
                                                Shares          Amount       Capital          Stage          Total
                                               _________       _______     __________     ___________     _________
<S>                                            <C>             <C>          <C>             <C>            <C>

Sale of stock,  July 10, 1996                  2,100,000       $ 2,100       $     0        $      0       $  2,100
Net loss, December 31, 1996                                                                   (2,100)        (2,100)
                                               _________       _______       _______        ________       ________

Balance, December 31, 1996                     2,100,000       $ 2,100       $0             $ (2,100)      $      0
Net loss, December 31, 1997                                                                        0              0
                                               _________       _______       _______        ________       ________

Balance, December 31, 1997                     2,100,000       $ 2,100       $     0        $ (2,100)      $      0
Net loss, December 31, 1998                                                                        0              0
                                               _________       _______       _______        ________       ________

Balance, December 31, 1998                     2,100,000       $ 2,100       $     0        $ (2,100)      $ (2,100)

February 2, 1999, changed from no
    par value to $.001                                          (2,079)        2,079
February 2, 1999, forward stock
    split 100:1                                                  2,079        (2,079)
Net loss, December 31, 1999                                                                  (15,244)       (15,244)
                                               _________       _______       _______        ________       ________

Balance, December 31, 1999                     2,100,000       $ 2,100       $     0        $(17,344)      $(15,244)
Net loss, December 31, 2000                                                                   (7,213)        (7,213)
                                               _________       _______       _______        ________       ________

Balance, December 31, 2000                     2,100,000       $ 2,100       $     0        $(24,557)      $(22,457)
Issuance of stock in merger with
   Suzy-Path Corp.                             2,000,000         2,000             0               0          2,000
Net loss December 31, 2001                                                                   (15,278)       (15,278)
                                               _________       _______       _______        ________       ________

Balance, December 31, 2001                     4,100,000       $ 4,100       $     0        $(39,835)      $(35,735)
Net loss December 31, 2002                                                                   (11,408)       (11,408)
                                               _________       _______       _______        ________       ________

Balance, December 31, 2002                     4,100,000         4,100             0         (51,243)       (47,143)
Net loss December 31, 2003                                                                   (10,872)       (10,872)
                                               _________       _______       _______        ________       ________

Balance, December 31, 2003                     4,100,000         4,100             0         (62,115)       (58,015)
Net loss, December 31, 2004                                                                  (13,943)       (13,943)
                                               _________       _______       _______        ________       ________

Balance, December 31, 2004                     4,100,000       $ 4,100       $     0        $(76,058)      $(71,958)
                                               =========       =======       =======        ========       ========


                 See Accompanying Notes to Financial Statements.

</TABLE>


                                      F-4


<PAGE>

<TABLE>
<CAPTION>


                           DOMAIN REGISTRATION, CORP.
                        (A DEVELOPMENT STAGE ENTERPRISE)
                            STATEMENTS OF CASH FLOWS
                            YEARS ENDED DECEMBER 31,


                                                                                  July 10, 1996
                                                                                 (inception) to
                                                                                   December 31,
                                                       2004          2003                  2004
                                                     ________      ________      ______________
<S>                                                  <C>           <C>              <C>

Cash Flows From
Operating Activities
    Net (loss)                                       $(13,943)     $(10,872)        $(76,058)
    Adjustments to reconcile net (loss)
    to cash (used in) operating activities:
    Changes in assets and liabilities
       (Increase) decrease in prepaid assets            5,400         5,400           (8,550)
       Increase (decrease) in accounts payable           (500)          500           13,500
                                                     ________      ________         ________

         Net cash (used in)
            operating activities                     $ (9,043)     $ (4,972)        $(71,108)
                                                     ________      ________         ________

Cash Flows From
Investing Activities                                 $      0      $      0         $      0
                                                     ________      ________         ________

Cash Flows From
Financing Activities
    Issuance of common stock                         $      0      $      0         $  4,100
     Increase in officer advances                       9,087         4,972           68,153
                                                     ________      ________         ________
         Net cash provided by
            financing activities                     $  9,087      $  4,972         $ 72,253
                                                     ________      ________         ________

         Net increase (decrease)
            in cash                                  $     44      $      0         $  1,145

Cash, beginning of period                               1,101         1,101         $      0
                                                     ________      ________         ________
Cash, end of period                                  $  1,145      $  1,101         $  1,145
                                                     ========      ========         ========



SUPPLEMENTAL INFORMATION

Interest Expense                                     $      0      $      0         $      0
                                                     ========      ========         ========

Income Taxes Paid                                    $      0      $      0         $      0
                                                     ========      ========         ========


                See Accompanying Notes to Financial Statements.

</TABLE>


                                      F-5


<PAGE>


                           DOMAIN REGISTRATION, CORP.
                        (A DEVELOPMENT STAGE ENTERPRISE)
                          NOTES TO FINANCIAL STATEMENTS
                           DECEMBER 31, 2004 AND 2003


NOTE 1.  NATURE OF THE BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES

NATURE OF BUSINESS:

Domain Registration, Corp. ("Company") was organized July 31, 2001 under the
laws of the State of Nevada. Bahamas Enterprises, Inc., the accounting
predecessor to the Company was organized under the laws of the State of Nevada
on July 10, 1996. The Company currently has limited operations and, in
accordance with Statement of Financial Accounting Standard (SFAS) No. 7,
"ACCOUNTING AND REPORTING BY DEVELOPMENT STAGE ENTERPRISES," is considered a
Development Stage Enterprise.

ESTIMATES

The preparation of financial statements in conformity with generally accepted
accounting principles requires management to make estimates and assumptions that
affect the reported amounts of assets and liabilities and disclosure of
contingent assets and liabilities at the date of the financial statements and
the reported amounts of revenues and expenses during the reporting period.
Actual results could differ from those estimates.

CASH

For the Statements of Cash Flows, all highly liquid investments with maturity of
three months or less are considered to be cash equivalents. There were no cash
equivalents as of December 31, 2004 and 2003.

INCOME TAXES

Income taxes are provided for using the liability method of accounting in
accordance with SFAS No. 109 "ACCOUNTING FOR INCOME TAXES." A deferred tax asset
or liability is recorded for all temporary differences between financial and tax
reporting. Temporary differences are the differences between the reported
amounts of assets and liabilities and their tax basis. Deferred tax assets are
reduced by a valuation allowance when, in the opinion of management, it is more
likely than not that some portion or all of the deferred tax assets will not be
realized. Deferred tax assets and liabilities are adjusted for the effect of
changes in tax laws and rates on the date of enactment.

REVENUE RECOGNITION

Revenues are recognized as incurred. Anticipated revenues will be from the
registration of domain names through the website domain registration agreement
with Verio, Inc. As of December 31, 2004, the Company had one registered domain
name through the websites. Cost of sales is the monthly cost of web hosting
through Verio, Inc. Since the Company has not significant recorded revenues from
registration of domain names, the cost of the websites have been reclassified as
operating expenses.


                                      F-6


<PAGE>


                           DOMAIN REGISTRATION, CORP.
                        (A DEVELOPMENT STAGE ENTERPRISE)
                          NOTES TO FINANCIAL STATEMENTS
                           DECEMBER 31, 2004 AND 2003


NOTE 1.  NATURE OF THE BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

RECENT ACCOUNTING PRONOUNCEMENTS

In November 2004, the FASB issued SFAS No. 151, "Inventory Costs (an amendment
of Accounting Research Bulletin No. 43, Chapter 4)." SFAS No. 151 seeks to
clarify the accounting for abnormal amounts of idle facility expense, freight,
handling costs, and wasted material (spoilage) in the determination of inventory
carrying costs. The statement requires such costs to be treated as a current
period expense and is effective for fiscal years beginning after July 15, 2005.
The Company does not believe the adoption of SFAS No. 151 will have a
significant impact on its financial position or results of operations. In
December 2004, the FASB issued SFAS No. 123 (revised 2004), "Share-Based
Payment." SFAS No. 123R replaced SFAS No. 123 and superceded APB Opinion No. 25.
SFAS No. 123R will require compensation costs related to share-based payment
transactions to be recognized in the financial statements. The adoption of SFAS
No. 123 (revised 2004) should not have a significant impact on the Company's
financial position or results of operations until such time the Company has
share-based payments. The Company will adopt the provisions of SFAS No. 123R at
that time.

GOING CONCERN

The Company's financial statements are prepared in accordance with generally
accepted accounting principles applicable to a going concern. This contemplates
the realization of assets and the liquidation of liabilities in the normal
course of business. Currently, the Company does not have significant cash or
other material assets, nor does it have operations or a source of revenue
sufficient to cover its operation costs and allow it to continue as a going
concern. The stockholders, officers, and directors have committed to advancing
certain of the operating costs of the company.


                                      F-7


<PAGE>


                           DOMAIN REGISTRATION, CORP.
                        (A DEVELOPMENT STAGE ENTERPRISE)
                          NOTES TO FINANCIAL STATEMENTS
                           DECEMBER 31, 2004 AND 2003

NOTE 2.  STOCKHOLDERS' EQUITY

COMMON STOCK

The authorized common stock of the accounting predecessor to the Company
consisted of 25,000,000 shares with par value of $0.001. On July 30, 1996, the
accounting predecessor to the Company authorized and issued 21,000 shares of its
no par value common stock in consideration of $2,100 in cash.

On February 2, 1999, the State of Nevada approved Bahamas Enterprises, Inc.'s
restated Articles of Incorporation, which increased its capitalization from
25,000 common shares to 25,000,000 common shares. The no par value was changed
to $0.001 per share. On February 2, 1999, Bahamas Enterprises, Inc.'s
shareholders approved a forward split of its common stock at one hundred shares
for one share of the existing shares. The number of common stock shares
outstanding increased from 21,000 to 2,100,000. Prior period information has
been restated to reflect the stock split

Through the merger with Suzy-Path, Corp. as described in Note 6 to the financial
statements, the accounting predecessor to the Company issued 2,000,000 shares of
common stock for each share outstanding of Suzy-Path, Corp. resulting in
4,100,000 shares outstanding.

Based upon Rule 12g-3(a) of the rules promulgated under the 1934 Act Domain
Registration, Corp. became the surviving entity for reporting purposes to the
Securities and Exchange Commission. Based upon the terms of the merger
agreement, the 4,100,000 issued and outstanding shares of Suzy-Path, Corp. were
automatically converted the same number of to shares in Domain Registration,
Corp. Each of the shareholders of Suzy-Path, Corp. exchanged his or her stock
for the stock of the Company.

Domain Registration, Corp. was organized July 31, 2001 under the laws of the
State of Nevada. The Company authorized 50,000,000 shares of common stock.

The Company has not authorized any preferred stock.

NET LOSS PER COMMON SHARE

Net loss per share is calculated in accordance with SFAS No. 128, "EARNINGS PER
SHARE." The weighted-average number of common shares outstanding during each
period is used to compute basic loss per share. Diluted loss per share is
computed using the weighted averaged number of shares and dilutive potential
common shares outstanding. Dilutive potential common shares are additional
common shares assumed to be exercised.

Basic net loss per common share is based on the weighted average number of
shares of common stock outstanding of 4,100,000 for December 31, 2004 and 2003
and 2,866,580 since inception. As of December 31, 2004 and since inception, the
Company had no dilutive potential common shares.


                                      F-8


<PAGE>


                           DOMAIN REGISTRATION, CORP.
                        (A DEVELOPMENT STAGE ENTERPRISE)
                          NOTES TO FINANCIAL STATEMENTS
                           DECEMBER 31, 2004 AND 2003


NOTE 3.  INCOME TAXES

We did not provide any current or deferred U.S. federal income tax provision or
benefit for any of the periods presented because we have experienced operating
losses since inception. We provided a full valuation allowance on the net
deferred tax asset, consisting of net operating loss carryforwards, because
management has determined that it is more likely than not that we will not earn
income sufficient to realize the deferred tax assets during the carryforward
period.

The components of the Company's deferred tax asset as of December 31, 2004 and
2003 is as follows:

                                           2004         2003
                                         ________     ________

     Net operating loss carryforward     $ 26,620     $ 21,740
     Valuation allowance                  (26,620)     (21,740)
                                         ________     ________
     Net deferred tax asset              $      0     $      0
                                         ========     ========

A reconciliation of income taxes computed at the statutory rate to the income
tax amount recorded is as follows:

                                           2004         2003    Since Inception
                                         ________     ________  _______________

     Tax at statutory rate (35%)         $  4,880     $  3,805     $ 26,620
     Increase in valuation allowance       (4,880)      (3,805)     (26,620)
                                         ________     ________     ________
     Net deferred tax asset              $      0     $      0     $      0
                                         ========     ========     ========

The net federal operating loss carry forward will expire between 2016 and 2024.
This carry forward may be limited upon the consummation of a business
combination under IRC Section 381.

In connection with the acquisition of Suzy-Path, Corp. and Domain Registration,
Corp., the Company acquired certain federal net operating loss carryforwards of
$3,429. If, in the future, the realization of these acquired deferred tax assets
becomes more likely than not, any reduction in the associated valuation
allowance will be allocated to reduce purchased intangibles.

NOTE 4.  RELATED PARTY TRANSACTIONS

The Company does not own or lease any real or personal property. The resident
agent for the corporation provides office services without charge, as an
accommodation to the officers and directors. Such costs are immaterial to the
financial statements and accordingly, have not been reflected therein. The
officers and directors for the Company are involved in other business activities
and may, in the future, become involved in other business opportunities. If a
specific business opportunity becomes available, such persons may face a
conflict in selecting between the Company and their other business interest. The
Company has not formulated a policy for the resolution of such conflicts.


                                      F-9


<PAGE>


                           DOMAIN REGISTRATION, CORP.
                        (A DEVELOPMENT STAGE ENTERPRISE)
                          NOTES TO FINANCIAL STATEMENTS
                           DECEMBER 31, 2004 AND 2003


NOTE 5.  WARRANTS AND OPTIONS

There are no warrants or options outstanding to acquire any additional shares of
common stock of the Company.

NOTE 6.  BUSINESS COMBINATIONS

MERGER BETWEEN SUZY-PATH, CORP. AND BAHAMAS ENTERPRISES, INC.

Bahamas Enterprises, Inc. is a reporting company to the Security and Exchange
Commission under the 1934 Act of 1934, as amended. Suzy-Path,
Corp. owned a domain name and maintained a web site for customers to register
domain names and the referral of web hosting services through a contact with
Verio, Inc.

Transactions pursuant to SFAS No. 141, "Business Combinations," require the
acquisition of a business entity. Bahamas Enterprises, Inc. was a non-operating
public shell corporation, and therefore, not a business. For reporting purposes,
the transaction is treated as a capital transaction where the acquiring
corporation issued stock for the net monetary assets of the shell corporation,
accompanied by a recapitalization. The accounting is similar in form to a
reverse acquisition, except that goodwill or other intangibles are not recorded.
The combination was recorded as follows:

<TABLE>
<CAPTION>

                                        Suzy-Path Corp.     Bahamas Enterprises     Merged Companies
                                        _______________     ___________________     ________________
<S>                                         <C>                  <C>                   <C>

     Cash                                   $ 1,376              $      0              $  1,376
     Prepaid assets                          13,050                     0                13,050
     Investment in subsidiary                15,000                     0                1,5000
                                            _______              ________              ________
     Total Assets                            29,426                     0                29,426

     Officer payable                         15,000                26,588                41,588
     Accounts payable                        13,500                 1,599                15,099
                                            _______              ________              ________
     Total Liabilities                       28,500                28,187                56,687
                                            _______              ________              ________

     Common Stock                             2,000                 2,100                 4,100
     Accumulated deficit                     (1,074)              (30,287)              (31,361)
                                            _______              ________              ________
     Shareholders' equity (deficit)         $   926              $(28,187)             $(27,261)
                                            =======              ========              ========

</TABLE>



MERGER BETWEEN DOMAIN REGISTRATION, CORP. AND SUZY-PATH, CORP.

Domain Registration, Corp. was a wholly-owned subsidiary of Suzy-Path, Corp. It
also owned domain names and maintained a web site for customers to register
domain names through a contact with Verio, Inc. The merger resulted in the
direct acquisition of the assets comprising a going business.


                                      F-10


<PAGE>


                           DOMAIN REGISTRATION, CORP.
                        (A DEVELOPMENT STAGE ENTERPRISE)
                          NOTES TO FINANCIAL STATEMENTS
                           DECEMBER 31, 2004 AND 2002

NOTE 6.  BUSINESS COMBINATIONS (CONTINUED)

Suzy-Path, Corp and Domain Registration reported on a consolidated basis. Domain
Registration, Corp. issued one share of Domain Registration, Corp. stock for
each share of stock in Suzy-Path, Corp. The purpose of the transaction was to
acquire the assets of Suzy-Path, Corp. Domain Registration, Corp. then cancelled
the sole share of ownership held by Suzy-Path, Corp. Domain Registration, Corp.
has elected to be the surviving entity for reporting purposes.

SFAS No. 141, "Business Combinations," does not apply to the transaction as both
entities were under common control. In accordance with APB No. 16, "Business
Combinations," the merger was treated as an exchange of equity of entities under
common control where the merged financial statements of Domain Registration,
Corp. were the consolidated financial statements of Suzy-Path, Corp. and
subsidiaries; these financial statements are included with Domain Registration,
Corp. as if the transaction had occurred at the beginning of the reporting
period.


                                      F-11


<PAGE>


ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.

The Company has not considered nor conducted any research concerning qualitative
and quantitative market risk.


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

There have been neither changes nor any disagreements with the accountants or
the accountant's findings.


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

Directors, Officers, Promoters and Control Persons.

The members of the board of directors of the Company serve until the next annual
meeting of the stockholders, or until their successors have been elected. The
officers serve at the pleasure of the board of directors. Information as to the
directors and executive officers of the Company is as follows:

         Name                   Ages               Position

         Amy Hadley               44         President/Director

         Stuart Curtis Nilson     31         Secretary/Treasurer
                                             Director

         Felicia May Nilson       33         Director


The principal occupation and business experience during the last five years for
each of the present directors and executive officers of the Company are as
follows:

Amy Hadley

Amy Hadley has been a major shareholder of the Company since October 10, 2001
and is the President and a director of the Company. From 1990 to the present,
she has been employed as a Technical Support Specialist for NORAD. She has been
responsible for project support, presentation, setup, graphics design and
research and development in synthetic warfare, demonstration support and SAF
operations (computer war gaming). She is also the owner of ANG Enterprises, a
boutique website design firm providing layout, uploading and maintenance of
customer websites.

Stuart Curtis Nilson

Stuart Curtis Nilson has been a major shareholder of the Company since 1996 and
has been the Secretary, Treasurer and a director since 1999. From 1994 to the
present, York International has employed him in connection with the evaluation,
design and fabrication of duct and pipe systems for existing projects, as well
as for new projects.

Felicia May Nilson

Felicia May Nilson has been a major shareholder of the Company since 1996, had
been the President until October 10, 2001, and a director since 1999. From 1994
to the present, she has been an executive administrative assistance at Spanish
Trail Associates, with responsibilities for all real estate projects, including
budgeting, forecasting, financial analysis, with renter liaison.


                                       32


<PAGE>


The officers and directors may be deemed parents and promoters of the Company as
those terms are defined by the Securities Act of 1933, as amended. All directors
hold office until the next annual stockholders' meeting or until their death,
resignation, retirement, removal, disqualification, or until their successors
have been elected and qualified. Officers of the Company serve at the will of
the board of directors.

There are no agreements or understandings for any officer or director of the
Company to resign at the request of another person and none of the officers or
directors is acting on behalf of or will act at the direction of any other
person.

Section 16(a) Beneficial Ownership Reporting Compliance.

Section 16(a) of the 1934 Act requires our directors, executive officers and
holders of more than 10% of our common stock to file with the Securities and
Exchange Commission reports regarding their ownership and changes in ownership
of the common stock. We believe that from Bahamas Enterprises, Inc. inception
through its merger of October 9, 2001 with us and through December 31, 2004, the
end of our current fiscal year, our officers, directors and 10% stockholders
complied with all Section 16(a) filing requirements, with the exception of one
report for Amy Hadley on a Form 3. She did not timely report the receipt of her
2,000,000 shares. Stuart Curtis Nilson, Felicia May Nilson and Vickie L. Andre
each filed a Form 3 as an officer, director and as a holder of more than 10% of
common stock of Bahamas Enterprises, Inc., a predecessor issuer to our Company
on July 13, 1999. Section 16(a) contains no provisions allowing an insider to
file a late report. On April 8, 2003, Amy Hadley filed her Form 3, untimely. All
information that would have been contained in the Form 3 of Amy Hadley was
contained in the timely filed Form 8K12G filed on October 25, 2001 with the
Securities and Exchange Commission and this information remained unchanged as of
April 8, 2003 and as of the date hereof. In making these statements, we have
relied upon an examination of a copy of the Form 3s provided to us and the
representations of each of our directors and officers.

Notwithstanding the above disclosure, the Company has checked the box provided
on the cover page of this Form to indicate that there is no disclosure in this
form of reporting person delinquencies in response to Item 405 of Regulation
S-B.

ITEM 9A.  CONTROLS AND PROCEDURES.

Evaluation of Disclosure on Controls and Procedures.

Based on an evaluation of our disclosure controls and procedures as of the end
of the period covered by this annual report, our president and treasurer have
determined that the our current disclosure controls and procedures are
effective.

Changes in Internal Control Over Financial Reporting.

There have not been any changes in our internal control over financial reporting
(as such term is defined in Rule 13a-15(f) under the Exchange Act) or any other
factors during the quarter of the fiscal year ended December 31, 2004, that have
materially affected, or are reasonably likely to materially affect our internal
control over financial reporting.


                                       33


<PAGE>


ITEM 9B. OTHER INFORMATION.

None


ITEM 10. EXECUTIVE COMPENSATION.

No executive compensation has been paid since our inception. We have paid no
compensation or consulting fees to any of our officers or directors and we are
not a party to any employment agreements. We have made no advances and no
advances are contemplated to be made by us to any of our officers or directors.
We have not reimbursed any of our officers and directors for out-of-pocket
expenses since our inception. We have no retirement, pension, profit sharing or
stock option plans or insurance or medical reimbursement plans covering our
officers and directors and we do not contemplate implementing any such plans.
Although each of the officers is technically an employee, except for Amy Hadley,
none of the officers spent more than two hours per month developing our
business. No value has been assigned to any of the services performed by our
officers (employees) and no compensation will be awarded to, earned by, or paid
to these officers. Amy Hadley is now the only officer who serves as an employee
and is the only person who provides services to us in connection with the
implementation of our plan of operation. We do contemplate, however, that any
officer and director will be entitled to reimbursement for out of pocket
expenditures for activities on our behalf. There are no transactions between us
and any third party wherein the purpose of the transaction is to furnish
compensation to any of our officers and directors. We do not anticipate any
compensation to be paid to any officer and director for the fiscal year ended
December 31, 2003.

We have adopted a code of ethics that applies to our principal executive
officer, principal financial officer, principal accounting officer and persons
performing similar functions. The code of ethics will be posted in the "About
Us" section of the Company's website at such time as our web site is no longer
considered under construction. At such time as we have posted the code of ethics
on our website, we intend to satisfy the disclosure requirements under Item 10
of Form 8-K regarding an amendment to, or waiver from, a provision of the code
of ethics by posting such information on the website. The current code of ethics
is filed as an exhibit to the Form 10QSB filed with the Securities and Exchange
Commission on November 18, 2003.

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

Security Ownership of Certain Beneficial Owners.

The following table sets forth the security and beneficial ownership for each
class of equity securities of the Company for any person who is known to be the
beneficial owner of more than five percent of the Company.


                                       34


<PAGE>


                  Name and                   Amount
                  Address of                   of
                  Beneficial               Beneficial       Percent
Title of Class       Owner                   Owner          of Class
____________________________________________________________________

Common            Felicia May Nilson          500,000        12.195%
                  7901 High Stream Avenue
                  Las Vegas, Nevada 89130

Common            Stuart Curtis Nilson        600,000        14.634%
                  7901 High Stream Avenue
                  Las Vegas, Nevada 89130

Common            Vickie L. Andre             350,000         8.536%
                  945 W. Cantebria Drive
                  Gilbert, Arizona 85233

Common            Amy Hadley                2,000,000        48.780%
                  334 N. Cuyamaca Street
                  El Cajon, CA 92020

Common            All Officers and          3,450,000        84.145%
                  Directors as a Group
                  (four [4] individuals)

The total of the Company's outstanding common stock are held by 26 persons.

Security Ownership of Management.

The following table sets forth the ownership for each class of equity securities
of the Company owned beneficially and also of record by all directors and
officers of the Company.

                        Name and                Amount
                       Address of                 of
                       Beneficial             Beneficial     Percent
Title of Class           Owner                  Owner        of Class
_____________________________________________________________________

Common            Felicia May Nilson             500,000      12.195%
                  7901 High Stream Avenue
                  Las Vegas, Nevada 89130

Common            Stuart Curtis Nilson           600,000      14.634%
                  7901 High Stream Avenue
                  Las Vegas, Nevada 89130

Common            Vickie L. Andre                350,000       8.536%
                  945 W. Cantebria Drive
                  Gilbert, Arizona 85233

Common            Amy Hadley                   2,000,000      48.780%
                  334 N. Cuyamaca Street
                  El Cajon, CA 92020

Common            All Officers and             3,450,000      84.145%
                  Directors as a Group
                  (four [4] individuals)

Ownership and Change in Control.


                                       35


<PAGE>


Felicia May Nilson and Stuart Curtis Nilson are husband and wife. Accordingly,
each may be deemed the owner of the other's common stock. In the aggregate, the
Nilsons would own 950,000 shares of our common stock or 23.17% of our issued and
outstanding common stock. However, each has currently disclaimed any beneficial
ownership in the common stock owned by the other.

Each of the security ownership by the beneficial owners and by management is
also the owner of record for the like number of shares.

There are currently no arrangements that would result in a change in our
control.

ITEM 12. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS.

Except as set forth herein, there have been no related party transactions, or
any other transactions or relationships required to be disclosed pursuant to
Item 404 of Regulation S-B.

Other than (i) the sale and issuance of common stock of Suzy-Path, Corp. to Amy
Hadley, its sole shareholder for $2,000 on or about September 1, 1999, (ii) the
loan by Amy Hadley of $15,000 to Suzy-Path, Corp. in connection with the sale
and issuance of one share of common stock of the Company to Suzy-Path, Corp. on
August 1, 1999 in connection with the formation of Domain Registration, Corp.,
(iii) the series of transactions, which we had with Bahamas Enterprises, Inc.
and Suzy-Path, Corp., and (iv) the executory agreement to provide added
financing, we have not entered into any transactions with our officers,
directors, persons nominated for such positions, beneficial owners of five (5%)
percent or more of our common stock, or family members of such persons. We are
not a subsidiary of any other company.

Our current officers and directors (Felicia May Nilson, Stuart Curtis Nilson and
Amy Hadley) may be deemed to be promoters, as that term is defined in the
federal securities laws. See Item 11 above for the ownership in us by each of
our officers and directors. Also, Felicia May Nilson and Stuart Curtis Nilson
are husband and wife.

Bahamas Enterprises, Inc. was incorporated in Nevada on July 10, 1996. From July
10, 1996 until January 17, 1999, Nevada Corporate Headquarters, Inc. (the
resident agent in the State of Nevada) provided the officers and directors of
Bahamas Enterprises, Inc. The officers and directors that Corporate
Headquarters, Inc. provided was a Cort W. Cristie and Maurice O'Bannon. Each did
not have a direct or indirect material interest in Bahamas Enterprises, Inc.
Felicia May Nilson caused the formation and statutory resident agent fees to be
paid to Corporate Headquarters, Inc. Cort W. Christie and Maurice O'Bannon, and
each of them, served at the request of Felicia May Nilson, Stuart Curtis Nilson
and Vickie L. Andre, the majority shareholders of Bahamas Enterprises, Inc.,
without compensation. Until October 9, 2001, Felicia May Nilson had a 23.809%
interest in Bahamas Enterprises, Inc. and currently holds a 12.195% interest in
us. Until October 9, 2001, Stuart Curtis Nilson had a 28.571% interest in
Bahamas Enterprises, Inc. and currently holds a 14.634% interest in us. Until
October 9, 2001, Vickie L. Andre had a 16.666% interest in Bahamas Enterprises,
Inc. and currently holds a 8.536% interest in us.

On July 31, 1996, Bahamas Enterprises, Inc. sold and issued 1,450,000 of a total
issuance of 2,100,000 shares of its $.001 par value common stock (as adjusted
for a stock split of February 2, 1999) to Felicia May Nilson, Stuart Curtis
Nilson and Vickie L. Andre, at par value. Each of the shares of common stock was
sold for cash. Prior to the forward stock split, each shareholder paid $.10 per
share for the shares, Bahamas Enterprises, Inc. sold and issued 1,450 shares,
and the aggregate consideration received by Bahamas Enterprises, Inc. from
Felicia May Nilson, Stuart Curtis Nilson and Vickie L. Andre was $1,450.


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<PAGE>


At all times from January 17, 1999 to October 9, 2001, Felicia May Nilson,
Stuart Curtis Nilson and Vickie L. Andre were the officers and directors of
Bahamas Enterprises, Inc.

On October 9, 2001, Vickie L. Andre resigned as an officer and director of
Bahamas Enterprises, Inc.

On September 1, 1999, Suzy-Path, Corp. sold and issued 20,000 of its shares to
Amy Hadley for $2,000. On August 1, 2001, we sold and issued one of our shares
of common stock to Suzy-Path, Corp. for $15,000. The $15,000 was a loan by Amy
Hadley, the sole shareholder of Suzy-Path, Corp. to Suzy-Path, Corp. As a result
of the issuance by us to Suzy-Path, Corp., we became a wholly owned subsidiary
of Suzy-Path, Corp.

On October 10, 2001, pursuant to Articles and Plan of Merger, Suzy-Path, Corp.
and the Company merged, a parent corporation merging into its wholly owned
subsidiary, wherein the Company became the successor issuer. The securities sold
were for other than cash, the consideration was the exchange by Felicia May
Nilson, Stuart Curtis Nilson and Vickie L. Andre (and the other shareholders)
and conversion of the outstanding securities held by each for shares of our
common stock.

At the time of the transaction, the Company issued the 4,100,000 shares
currently outstanding to the shareholders of record in consideration and in
exchange of the 4,100,000 shares then issued and outstanding in Suzy-Path, Corp.
Felicia May Nilson received 500,000 shares, Stuart Curtis Nilson received
600,000 shares and Vickie L. Andre received 350,000 shares. Amy Hadley had owned
2,000,000 shares of Suzy-Path, Corp. and received 2,000,000 shares of common
stock in the Company.

Amy Hadley, Felicia May Nilson and Stuart Curtis Nilson have agreed to fund our
"burn rate," and expenses of having us comply with the federal securities laws
(and being a public company) and had orally agreed to extend, if required, a
"line of credit" in the amount of $10,000, without interest, to implement our
marketing plan. This line of credit was now been terminated.

Any transactions between the Company and its officers, directors or five (5%)
percent shareholders, and their respective affiliates, will be on terms no less
favorable than those terms which could be obtained from unaffiliated third
parties and said transactions will be approved by a majority of the independent
and disinterested directors.


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<PAGE>


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

There are no reports on Form 8-K incorporated herein by reference.

The current Code of Ethics has been filed as an exhibit to the Form 10QSB filed
with the Securities and Exchange Commission on November 18, 2003, said Code of
Ethics is incorporated herein by reference

The following documents are filed as part of this report:

         23.1      Consent of Kyle L. Tingle, CPA.

         31.1      Certifications by Amy Hadley, President and Chief Executive
                   Officer required by Rule 13a-14(a)

         31.2      Certification by and Stuart Curtis Nilson, Chief Financial
                   Officer required by Rule 13a-14(a)

         32.1      Certification by Amy Hadley pursuant to Section 906 of the
                   Sarbanes-Oxley Act of 2002

         32.1      Certification by Stuart Curtis Nilson pursuant to Section 906
                   of the Sarbanes-Oxley Act of 2002


ITEM 14.  CONTROLS AND PROCEDURES

See Item 9A above.

ITEM 15.  PRINCIPAL ACCOUNTANT FEES AND SERVICES

Audit Fees.

Audit fees consist of fees billed for professional services rendered for the
audit of our financial statements and the review or audit of our interim
statements. The total fees billed for Kyle L. Tingle for the fiscal year ended
December 31, 2003 was $1,900 and for the fiscal year ended December 31, 2004 was
$4,100.

Audit Related Fees.

There were no audit related services and no fees billed for audit related
services for the fiscal years ended December 31, 2003 and December 31, 2004.

All Other Fees.

There was no tax preparation or other fees billed for the fiscal years ended
December 31, 2003 and December 31, 2004.


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<PAGE>



                                   SIGNATURES


Pursuant to the requirements of Section 12 of the Securities Exchange Act of
1934, the Company has duly caused this registration statement to be signed on
its behalf by the undersigned, thereunto duly authorized.


Date: July 25, 2005               DOMAIN REGISTRATION, CORP.


                                   By:  /s/ AMY HADLEY
                                        __________________________
                                            Amy Hadley
                                            Director and President


                                   By: /s/ STUART CURTIS NILSON
                                        __________________________
                                           Stuart Curtis Nilson
                                           Director, Treasurer and
                                           Chief Financial Officer


                                   By: /s/ FELICIA MAY NILSON
                                        __________________________
                                           Felicia May Nilson
                                           Director

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


Date: July 25, 2005               DOMAIN REGISTRATION, CORP.


                                   By: /s/ AMY HADLEY
                                        __________________________
                                           Amy Hadley
                                           Director and President


                                   By: /s/ STUART CURTIS NILSON
                                        __________________________
                                           Stuart Curtis Nilson
                                           Director, Treasurer and
                                           Chief Financial Officer


                                   By: /s/ FELICIA MAY NILSON
                                        __________________________
                                           Felicia May Nilson
                                           Director


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