SECURITIES
AND EXCHANGE COMMISSION


Washington,
D.C. 20549





FORM
10-K


(Mark
One)





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





For the
fiscal year ended December 31, 2006





OR





oTRANSITION REPORT UNDER
SECTION 13 OF 15(d) OF THE EXCHANGE ACT OF 1934





From the transition period from
____________ to ___________.





Commission
File Number 000-26493





EXTENSIONS,
INC.


(Exact name of small business issuer as
specified in its charter)




Nevada
            88-0390251(State or other
      jurisdiction of incorporation or organization)
            (IRS Employer
      Identification No.)




770 South Post  Oak Lane, Suite 330,
Houston, TX 77056


(Address
of principal executive offices)





(832) 487- 8689


(Issuer's
telephone number)




Millenium
National Events, Inc.


(Former
name, former address and former fiscal year, if changed since last
report)







Indicate
by check mark if the registrant is a well known seasonal issuer as defined in
Rule 405 of the Securities Act    o





Indicate
by check mark whether the registrant is a large accelerated filer, an
accelerated filer, a non-accelerated filer, or a smaller reporting
company.




Large Accelerated
            o
            Non-accelerated
      Filer
            oAccelerated
      Filer
            o
            Smaller Reporting
      Company
            x




Indicate by check mark whether the
registrant is a shell company (as defined in Rule 12b-2 of the Exchange
Act).Yes xNo o





Indicate
by check mark if the registrant is not required to file reports pursuant to
Section 13 or 15(d) of the Act    o




Indicate
by check mark whether the registrant (1) filed all reports required to be filed
by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for
such shorter period that the registrant was required to file such reports), and
(2) has been subject to such filing requirements for the past 90
days: Yes oNo x





The
aggregate market value of the voting and non-voting common equity held by
non-affiliate computed by reference to the price at which the common equity was
last sold on the average bid and asked price of such common equity, as of the
last business day of the registrant’s most recently completed second quarter -
$181,000.





Shares
outstanding as of July 15, 2008, was 94,374,679 shares of common stock, $.001
par value.






1





EXTENSIONS,
INC.


INDEX








PART
      IPage No.Item
      1.  Business
            3Item
      1A. Risk Factors
            3Item
      1B. Unresolved Staff Comments
            4Item
      2. Properties
            4Item
      3. Legal Proceedings
            4Item
      4. Submission of Matters to a Vote of Security Holders
            4PART
      IIItem
      5. Market For Registrant’s Common Equity, Related Stockholders Matters and
      Issuer Purchases of Equity Securities
            5Item
      6. Selected Financial Data
            5Item
      7. Managements Discussion and Analysis of Financial Condition and Result
      of Operation
            5Item
      7A. Quantitative and Qualitative Disclosure About Market Risk
            5Item
      8. Financial Statements and Supplementary Data
            6Item
      9. Changes in and Disagreements with Accountants on Accounting and
      Financial Data
            7Item
      9A. Controls and Procedures
            7Item
      9B. Other Information
            8PART
      IIIItem
      10. Directors, Executive Officers and Corporate Governance
            8Item
      11. Executive Compensation
            8Item
      12. Security Ownership of Certain Beneficial Owners and Management and
      Related Stockholder Matters
            8Item
      13. Certain Relationships and Related Transactions, and Director
      Independence
            9Item
      14. Principal Accountant Fees and Services
            9PART
      IVItem
      15. Exhibits and Financial Statements Schedules
            9Signatures
            10









2




EXTENSIONS,
INC.








PART
I





ITEM
1.  BUSINESS





The
company was incorporated under the laws of the State of Nevada on February 19,
1997.  The company ceased all operating activities during the period
from October 1, 2003 to December 31, 2005 and was considered
dormant.  Since October 6, 2006, the company is in the development
stage, and has not commenced planned principal operations.  The
company also was delinquent on its filing with the Secretary of State for Nevada
and as a result was not a corporation in good standing until October 30,
2006.  The company’s common shares are listed for trading on the Pink
Sheets under the symbol MNEI.





Prior to
approximately October 1, 2003, Millennium National Events, Inc. was an operating
company with its common shares listed for trading on the OTCBB
market.  The company failed to remain current on its SEC filing
requirements and as a result was demoted to the Pink Sheets.  The
company has not filed any periodic reports since the report filed for the third
quarter of 2003.  Subsequently, the Company ceases all business
operations and has been dormant since approximately October 1,
2003.  During the same period, all the Company’s officers and
directors ceased acting on behalf of the Company and abandoned their obligations
to the Company and its shareholders.  As a result, the Company was
considered to be dormant from October 1, 2003 to December 31, 2005.





On August
18, 2006, a complaint was filed in the Superior Court for Washoe County, Nevada
seeking the appointment for custodian for the Company under Nevada Revised
Statutes 78.347(2).  On October 6, 2006, a Custodian was appointed to
the Company who commenced an investigation of the assets, management,
liabilities, business, condition and liabilities of the Company.





As a
result of the investigation by the Custodian, a report was prepared and filed
with the Court, finding that there were no apparent assets, liabilities, or
business of the company existing  or enforceable, that there were
27,300,000 common shares and no preferred shares issued and outstanding and that
the company was in revoked status under Nevada law.  The accompanying
financial statements were prepared on the basis of that investigation, as
approved by the Court.





Further,
based on his investigation, the custodian has been unable to locate any assets
belonging to the company, and no records of any valid remaining liabilities,
liens, judgements, warrants, options, or other claims against the Company or its
stock.





In the
event that any liabilities, liens, judgments, warrants, options, or other claims
against the Company arise, these will be recorded when discovered.







ITEM
1A. RISK FACTORS




Our
securities are highly speculative and involve a high degree of risk, including
among other items the risk factors described below.
  RISKS RELATED TO OUR
BUSINESS
  We have a lack of
operating history and lack of revenues from operations.
  To date
we have only realized nominal revenues and have limited operating history. Our
only significant asset is the business plan. Our ability to successfully
generate revenues from our future website is dependent on a number of factors,
including availability of funds to continue to add content to the site, to
adequately develop and maintain the website as outlined in our business plan, to
commercialize our website through advertising, sponsorships and strategic
alliances, and to attract and retain visitors to our site. There can be no
assurance that we will not encounter setbacks with our website. We do not expect
our current resources to carry us until we reach cash flow positive;
 capital needs may arise or we may deem that it is appropriate to raise
additional funds for general corporate and working capital purposes. If an
unexpected capital need arises we cannot assure you that capital will be
available on reasonable terms, if at all. Therefore, the inability to raise
additional funds, either through equity or debt financing, could materially
impair our ability to generate revenues.
  There are many
risks associated with forward-looking information.
  Much of
the information presented in our business plan contains forward-looking
statements. Although we believe the forward-looking statements have reasonable
bases, we cannot offer any assurance that we will be able to conduct our
operations as contemplated.
  3
  ITEM 1A. RISK FACTORS-
continued
  RISKS RELATED TO OUR
SECURITIES
  We may require
additional capital in the future and we cannot assure you that capital will be
available on reasonable terms, if at all, or on terms that would not cause
substantial dilution to your stock holdings.
  We expect
our cash on-hand, to be insufficient for our corporate needs until we project
being cash flow positive. However, estimates for expenses, as well as our market
approach and timing may change and we may decide to attempt to obtain additional
debt or equity financing during 2008. Further, we may determine that it is
appropriate to raise additional capital for working capital and general
corporate purposes. There can be no assurance that such capital will be
available in sufficient amounts or on terms acceptable to us, if at all. Any
sale of a substantial number of additional shares may cause dilution to your
investment and could also cause the market price of our common stock to
decline.
  We do not plan to
pay dividends on our common stock.
  We do not
anticipate paying cash dividends to the holders of our common stock in the
foreseeable future. Accordingly, investors in our common stock must rely upon
subsequent sales after price appreciation as the sole method to realize a gain
on an investment in our common stock. There are no assurances that the price of
our common stock will ever appreciate in value particularly if we continue to
sustain operating losses. Investors seeking cash dividends should not buy our
common stock.
  We currently have
a limited trading market as there is limited liquidity on the
OTC  which may impact your ability to sell your
shares.
  Currently
our shares of our Common Stock are traded on the NASD — OTC NQB. However, there
is limited trading volume in our shares. When fewer shares of a security are
traded on the OTC NQB, price volatility may increase and price movement may
outpace the ability of the OTC NQB deliver accurate quote information. If low
trading volumes in our common stock continue, there may be a lower likelihood of
orders for shares of our common stock being executed, and current prices may
differ significantly from prices quoted by the OTC NQB at the time of order
entry.
  Our common stock
is subject to the penny stock rules which limits the market for our common
stock.
  Because
our stock is traded on the NASD-OTC NQB, if the market price of the common stock
is less than $5.00 per share, the common stock is classified as a “penny stock.”
SEC Rule 15g-9 under the Exchange Act imposes additional sales practice
requirements on broker-dealers that recommend the purchase or sale of penny
stocks to persons other than those who qualify as an “established customer” or
an “accredited investor.” This includes the requirement that a broker-dealer
must make a determination that investments in penny stocks are suitable for the
customer and must make special disclosures to the customers concerning the risk
of penny stocks. Many broker-dealers decline to participate in penny stock
transactions because of the extra requirements imposed on penny stock
transactions. Application of the penny stock rules to our common stock reduces
the market liquidity of our shares, which in turn affects the ability of holders
of our common stock to resell the shares they purchase, and they may not be able
to resell at prices at or above the prices they paid.
  There may be a
greater risk of fraud on the NASD-OTC NQB.
  NASD-OTC
NQB securities are more frequently targets for fraud or market manipulation
because they are not regulated as closely as securities listed on exchanges.
Dealers may dominate the market and set prices that are not based on competitive
forces. Individuals or groups may create fraudulent markets and control the
sudden, sharp increase of price and trading volume and the equally sudden
collapse of market prices. While there is regulation of the NASD-OTC NQB, it is
not as comprehensive as the regulation of the listed exchange. If this should
occur, the value of an investment in our common stock could decline
significantly.
   ITEM
1B. UNRESOLVED STAFF COMMENTS





None







ITEM
2. PROPERTIES





Subsequent
to the year ended December 31, 2006, we entered into a two-year sublease
agreement for the lease of certain office space at 770 South Post Oak Lane,
Suite 330, Houston, TX 77056, which is used as
our corporate offices.  The lease began on August 1, 2007 and will
terminate on July 31, 2009.  The monthly rental is $350.






ITEM
3. LEGAL PROCEEDINGS





None







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





None






4




PART
II





ITEM
5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDERS MATTERS AND
ISSUER PURCHASES OF EQUITY SECURITIES





Shares of
our common stock began trading on the NASD-OTC in February, 1997.  As
of December 31, 2006, there were approximately 50 holders of our common
stock.  This does not include persons who hold our common stock in
street name.  Our symbol was MNEI.PK, but has now changed to
EXTI.PK.





Our
transfer agent is Transfer Online, Inc., 317 Alder Street, 2nd Floor,
Portland, Oregon 97204.





The table
below sets forth the high and low closing prices of the company’s common stock
during the periods indicated as reported on Yahoo Finance (http://finance.yahoo.com).  The
quotation reflects inter-dealer prices without retail mark-up, mark-down or
commission and may not reflect actual transactions.





2006
            
            High
            
            
            LowQuarter-ended
      3-31-06
            
            $
            9.00
            
            
            $
            4.00Quarter-ended
      6-30-06
            
            
            5.00
            
            
            
            2.50Quarter-ended
      9-30-06
            
            
            7.50
            
            
            
            1.40Quarter-ended
      12-31-06
            
            
            2.50
            
            
            
            0.90




Dividends





Since its
inception, the company has not declared or paid cash or other dividends on its
common stock, nor does the company have any plans to pay any dividends in the
near future.





Recent
Sale of Unregistered Securities





There
were no sales of equity securities during the year-ended December 31,
2006.







ITEM
6. SELECTED FINANCIAL DATA





December 31, 2005
            
            
            December 31, 2006Revenues
            
            $
            0
            
            
            $
            0Expenses
            
            
            0
            
            
            
            0Net
      income
            
            
            0
            
            
            
            0Assets
            
            
            27,300
            
            
            
            0Liabilities
            
            
            0
            
            
            
            0Equity
            
            
            27,300
            
            
            
            0







ITEM
7. MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULT OF
OPERATION





During
the years ended December 31, 2006 and 2005, the company had no operations other
than the search for a business to acquire or with which to combine.





The
company reported no revenues for either of the years ended December 31, 2006 or
2005.  The company did not incur any expenses during the year-ended
December 31, 2005.  During the year-ended December 31, 2006, the
company incurred an impairment expense of $27,300.





MATERIAL
CHANGES IN FINANCIAL CONDITION LIQUIDITY AND CAPITAL RESOURCES





As of
December 31, 2006 and 2005, the company had no assets and no
liabilities.





Although
the company has no liquidity it believes it will be able to find a suitable
company with which to merge and/or acquire.






ITEM
7A. QUANITATIVE AND QUALITATIVE DISCLOSURE ABOUT MARKET RISK




None




5




ITEM
      8.  FINANCIAL STATEMENTS AND SUPPLEMENTARY
  DATA
    Extensions,
Inc. (formerly Millennium National Events, Inc.)
  (A
Development Stage Company)
  Index to
Financial Statements
   Report
      of Independent Registered Public Accounting Firm
              F-1Financial
      Statements:Balance
      Sheets
              F-2Statements
      of Loss
              F-3Statements
      of Shareholders Equity
              F-4Statements
      of Cash Flows
              F-5Notes
      to Financial Statements
              F-6
      to F-8






6




Report
of Independent Registered Public Accounting Firm




The Board
of Directors and Stockholders


Extensions,
Inc. (formerly Millennium National Events, Inc.)





We 
have  audited  the  accompanying   balance 
sheets  of  Extensions, Inc. (formerly Millennium National Events,
Inc.), (‘the Company”) (a development stage company),  as of December 31,
2006 and 2005 and the related statements of loss,  stockholders'
equity  and cash flows for the years then  ended and the period 
from (inception)  to  December  31,  2006. These  
financial   statements  are  the responsibility of the
Company's management.  Our responsibility is to express an opinion 
on  these  financial  statements  based  on our 
audits.  The  Company's financial  statements as of and for the
period from date of inception through  December 31, 2004 were audited by
other  auditors.    On November 6, 2006, the Second Judicial
District Court of the State of Nevada in and for the County of Washoe adopted
the custodian’s financial statements for the year-ended December 31, 2005 and
such for the basis of our report for that fiscal year.




We conducted 
our audits in  accordance  with the  standards  of the
Public Company Accounting Oversight Board (United States). Those standards
require that we plan and perform the audits  to obtain 
reasonable  assurance about whether the financial  statements 
are free of  material  misstatement.  The Company is not required
to have nor were we engaged to perform an audit of its internal control over
financial reporting.  Our audits included consideration of internal control
over financial reporting as a basis for designing audit procedures that are
appropriate in the circumstances, but not for the purpose of expressing an
opinion on the effectiveness of the company’s internal control over financial
reporting.  Accordingly, we express no such opinion. An  audit 
includes examining,  on a test basis,  evidence supporting the amounts
and disclosures in the  financial  statements.  An audit
also  includes  assessing  the  accounting principles 
used  and  significant  estimates  made  by 
management,  as well as evaluating the overall  financial 
statement  presentation.  We believe that our audits  and the
court certified financial statements for 2005 provide a reasonable  basis
for our opinion.




In our
opinion,  based on our audits and the court certified financial statements
for 2005,  such financial  statements  present fairly, in all
material  respects,  the financial position of Extensions, Inc.
(formerly Millennium National Events, Inc.) as of December 31, 2006 and 2005 and
the results of its  operations and its cash flows for each of the two years
then ended and for the period from the date of  inception  to December
31, 2006 in conformity  with  accounting  principles generally
accepted in the United States of America.




The
accompanying  financial statements have been prepared assuming that the
Company  will  continue  as a  going  concern. 
As  discussed  in  Note 1 to the financial 
statements,  the Company  does not have assets or sources of revenue,
which raises substantial doubt about its ability to continue as a going concern.
Management's  plans  regarding  those  matters also are
described in Note 1. The financial  statements do not include any
adjustments  that might result from the outcome of this
uncertainty.




Gruber
& Company, LLC




July 15,
2008




Lake
Saint Louis, Missouri




F-1




Extensions,
Inc.
  (formerly
Millennium National Events, Inc.)


(A
Development Stage Company)




Balance
Sheets






AssetsDecember
      31, 2006
              
              
              December
      31,
                2005Other
       Assets
              
              
              0
              
              
              
              27,300Total
      Assets
              
              $
              0
              
              
              
              27,300Liabilities &
      Stockholders’ EquityCurrent
      LiabilitiesAccounts
      Payable
              
              
              -
              
              
              
              -Total
      Current Liabilities
              
              
              -
              
              
              
              -Stockholders’
      Equity
                Common
      stock - Authorized shares 100,000,000
                $0.001
      par value; 27,300,000 outstanding at 12-31-06and
      at 12-31-05
                Preferred
      stock- Authorized shares 10,000,000
                $0.001
      par value; 0 outstanding at 12-31-06 and
      at 12-31-2005
              
              
              27,300
              
              
              
              27,300Additional
      paid-in Capital
              
              
              -
              
              
              
              -Deficit
      accumulated during development stage
              
              
              (27,300
              )Total
      Stockholders’ Equity
              
              
              0
              
              
              
              27,300Total
      Liabilities & Stockholders’ Equity
              
              $
              0
              
              
              $
              27,300






The
accompanying notes are an integral part of these financial
statements




F-2





Extensions,
Inc.


(formerly
Millennium National Events, Inc.)
  (A
Development Stage Company)




Statements
of Operations




For
      the Years Ended December 31,
            
            
            From
      Inception  (February 19, 1997) Through December 31,2006
            
            
            2005
            
            
            2006REVENUES
            
            $
            0
            
            
            $
            0
            
            
            $
            0EXPENSESImpairment
      Loss
            
            
            27,300
            
            
            
            0
            
            
            
            27,300Total
      Expenses
            
            
            27,300
            
            
            
            0
            
            
            
            27,300NET
      LOSS
            
            $
            (27,300
            )
            
            $
            0
            
            
            $
            (27,300
            )(LOSS)
      PER SHARE
            
            $
            (0.01
            )
            
            $
            (0.00
            )WEIGHTED
      AVERAGE SHARES OUTSTANDING
            
            
            27,300,000
            
            
            
            27,300,000






The
accompanying notes are an integral part of these financial
statements






F-3


Extensions,
Inc.
 (formerly
Millennium National Events, Inc.)




(A
Development Stage Company)




Statements
of Shareholders Equity




For the
years ended December 31, 2006 and 2005




And from
Inception (February 19 1997) through December 31, 2006






Common
      Stock
            
            
            Amount
            
            
            Additional
              Paid-in Capital
            
            
            Retained
      Earnings
            
            
            TotalBalance
      at 12-31-04
            
            
            0
            
            
            
            0
            
            
            
            0
            
            
            
            0
            
            
            
            0Common
      Stock Issued
            
            
            27,300,000
            
            
            
            27,300
            
            
            
            0
            
            
            
            0
            
            
            
            27,300Net
      income
            
            
            -
            
            
            
            
            
            
            
            0
            
            
            
            0
            
            
            
            0Balance
      at December 31, 2005
            
            
            27,300,000
            
            
            
            27,300
            
            
            
            0
            
            
            
            0
            
            
            
            27,300Net
      income
            
            
            -
            
            
            
            -
            
            
            
            0
            
            
            
            (27,300
            )
            
            
            (27,300
            )Balance
      at December 31, 2006
            
            
            27,300,000
            
            
            
            27,300
            
            
            
            0
            
            
            
            (27,300
            )
            
            
            0






The
accompanying notes are an integral part of these financial
statements













F-4




Extensions,
Inc.
 (formerly
Millennium National Events, Inc.)




(A
Development Stage Company)




Statements
of Cash Flows




For
      the Years Ended
              December
      31,
            
            
            From
      Inception (February 19, 1997) through
              December 31,2006
            
            
            2005
            
            
            2006CASH
      FLOWS FROM FINANCING ACTIVITIESNet
      Income (Loss)
            
            $
            (27,300
            )
            
            
            0
            
            
            
            0Adjustments
      to reconcile net loss
              to
      cash used in operating activities:Non
      cash expense - impairment
            
            
            27,300
            
            
            
            0
            
            
            
            0Increase
      in accounts payable
            
            
            -
            
            
            
            -
            
            
            
            -Net
      Cash Used By Operating Activities
            
            
            0
            
            
            
            0
            
            
            
            0CASH
      FLOWS FROM FINANCING ACTIVITIESProceeds
      from issuance of common stock
            
            
            0
            
            
            
            0
            
            
            
            0Net
      cash provided from financing activities
            
            
            0
            
            
            
            0
            
            
            
            0Net
      increase (Decrease) in cash
            
            
            0
            
            
            
            0
            
            
            
            0Cash
      at beginning of year
            
            
            0
            
            
            
            0
            
            
            
            0Cash
      at end of year
            
            $
            0
            
            
            $
            0
            
            
            $
            0Supplemental
      cash flow informationCash
      paid for interest and income taxes
            
            $
            0
            
            
            $
            0
            
            
            $
            0













F-5
 Extensions,
Inc.
 (formerly
Millennium National Events, Inc.)
  (A
Development Stage Company)
  Notes to
the Financial Statements
  December
31, 2006




NOTE 1 – NATURE OF
OPERATIONS AND GOING CONCERN




The
accompanying financial statements have been prepared on the basis of accounting
principles applicable to a “going concern”, which assume that the company will
continue in operation for at least one year and will be able to realize its
assets and discharge its liabilities in the normal course of
operations.




Several
conditions and events cast doubt about the company’s ability to continue as a
“going concern”.  The company has incurred indeterminate net losses prior
to October 1, 2003, has a liquidity problem, and requires additional financing
in order to finance its business activities on an ongoing basis.  The
company is actively pursuing alternative financing and has had discussions with
various third parties, although no firm commitments have been obtained. 
The company’s future capital requirements will depend on numerous factors
including, but not limited to, continued progress in finding a merger candidate
and the pursuit of business opportunities.




These
financial statements do not reflect adjustments that would be necessary if the
company were unable to continue as a “going concern”.  While management
believes that the actions already taken or planned, will mitigate the adverse
conditions and events which raise doubt about the validity of the “going
concern” assumption used in preparing these financial  statements, there
can be no assurance that these actions will be successful.  If the company
were unable to continue as a “going concern”, then substantial adjustments would
be necessary to the carrying values of assets, the reported amounts of its
liabilities, the reported revenues and expenses, and the balance sheet
classifications used.




Organization
and Basis of Presentation




The
company was incorporated under the laws of the State of Nevada on February 19,
1997.  The company ceased all operating activities during the period from
October 1, 2003 to December 31, 2005 and was considered dormant.  Since
October 6, 2006, the company is in the development stage, and has not commenced
planned principal operations.  The company also was delinquent on its
filing with the Secretary of State for Nevada and as a result was not a
corporation in good standing until October 30, 2006.  The company’s common
shares are listed for trading on the Pink Sheets under the symbol
MNEI.




Prior to
approximately October 1, 2003, Millennium National Events, Inc. was an operating
company with its common shares listed for trading on the OTCBB market.  The
company failed to remain current on its SEC filing requirements and as a result
was demoted to the Pink Sheets.  The company has not filed any periodic
reports since the report filed for the third quarter of 2003. 
Subsequently, the Company ceases all business operations and has been dormant
since approximately October 1, 2003.  During the same period, all the
Company’s officers and directors ceased acting on behalf of the Company and
abandoned their obligations to the Company and its shareholders.  As a
result, the Company was considered to be dormant from October 1, 2003 to
December 31, 2005.




On August
18, 2006, a complaint was filed in the Superior Court for Washoe County, Nevada
seeking the appointment for custodian for the Company under Nevada Revised
Statutes 78.347(2).  On October 6, 2006, a Custodian was appointed to
the Company who commenced an investigation of the assets, management,
liabilities, business, condition and liabilities of the Company.





As a
result of the investigation by the Custodian, a report was prepared and filed
with the Court, finding that there were no apparent assets, liabilities, or
business of the company existing  or enforceable, that there were
27,300,000 common shares and no preferred shares issued and outstanding and that
the company was in revoked status under Nevada law.  The accompanying
financial statements were prepared on the basis of that investigation, as
approved by the Court.




Further,
based on his investigation, the custodian has been unable to locate any assets
belonging to the company, and no records of any valid remaining liabilities,
liens, judgments, warrants, options, or other claims against the Company or its
stock.




In the
event that any liabilities, liens, judgements, warrants, options, or other
claims against the Company arise, these will be recorded when
discovered.




Nature of
Business




The
Company has no products or services as of December 31, 2006.  The company
was organized as a vehicle to seek merger or acquisition candidates.  The
company intends to acquire interest in various business opportunities, which in
the opinion of management would provide a profit to the company.




NOTE 2 - GOING
CONCERN




The
Company's  financial  statements are prepared using generally 
accepted accounting  principles  applicable to a going concern, 
which  contemplates  the realization  of assets and 
liquidation  of  liabilities in the normal course of business. 
However, the Company does not have significant cash or other material assets,
nor does it have an established source of revenues  sufficient to cover its
operating  costs and to allow it to continue as a going 
concern.  It is the intent of the Company to seek a merger with an
existing, operating company.






F-6
 Extensions,
Inc.
 (formerly
Millennium National Events, Inc.)
  (A
Development Stage Company)
  Notes to
the Financial Statements
  December
31, 2006




NOTE 3 – SUMMARY OF
ACCOUNTING POLICIES




This
summary of accounting policies for Millennium National Events, Inc. (a
development stage company) is presented to assist in understanding the Company’s
financial statements.  The accounting policies conform to generally
accepted accounting principles and have been consistently applied in the
preparation of the financial statements.




Cash and
Cash Equivalents




For
purposes of the statement of cash flows, the company considers all highly liquid
debt instruments purchased with a maturity of three months or less to be cash
equivalents to the extent the funds are not being held for investment
purposes.




Pervasiveness
of Estimates




The
preparation of financial statements is conformity with generally accepted
accounting principles required 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.




Loss Per
Share




Basic
loss per share has been computed by dividing the loss for the year applicable to
the common stockholders by the weighted average number of common shares
outstanding during the years.  There were no common equivalent shares
outstanding at December 31, 2006 or 2005.




Concentration
of Credit Risk




The
company has no significant off-balance sheet concentrations of credit risk such
as foreign exchange contracts, options contracts or other foreign hedging
arrangements.




NOTE 4 – INCOME
TAXES




The
company accounts for income taxes under the provisions of SFAS No. 109,
“Accounting for Income Taxes”. SFAS No. 109 requires recognition of deferred
income tax assets and liabilities for the expected future income tax
consequences, based on enacted tax laws, of temporary differences between the
financial reporting and tax bases of assets and liabilities.




NOTE 5 – DEVELOPMENT STAGE
COMPANY




The
Company has not begun principal operations and as is common with a development
stage company, the company has had recurring losses during its development
stage.  The company’s financial statements are prepared using generally
accepted accounting principals applicable to a going concern which contemplates
the realization of assets and liquidation of liabilities in the normal course of
business.  However, the company does not have significant cash or other
material assets, nor does it have an established source of revenues sufficient
to cover its operating costs and to allow it to continue as a going
concern.  In the interim, shareholders of the company have committed to
meeting its minimal operating expenses.




NOTE 6 –
COMMITMENTS




Since
January 1, 2006 all activities of the company have been conducted by corporate
officers from either their homes or business offices.  Currently, there are
no outstanding debts owed by the company for the use of these facilities and
there are no commitments for future use of the facilities.






F-7
 Extensions,
Inc.
 (formerly
Millennium National Events, Inc.)
  (A
Development Stage Company)
  Notes to
the Financial Statements
  December
31, 2006




NOTE 7 – COMMON
STOCK




Prior to
December 31, 2005, the company issued 27,300,000 shares of common stock for cash
and other consideration.  No additional shares were issued in
2006.





NOTE
      8 –NEW
      ACCOUNTING STANDARDS




In
September 2006, the FASB issued SFAS No. 157, “Fair Value
Measurements”.  This Statement defines fair value, establishes a
framework for measuring fair value in generally accepted accounting principles
(GAAP), and expands disclosures about fair value measurements.  The
Statement applies under other accounting pronouncements that require or permit
fair value measurements.  SFAS No. 157 is effective for fiscal years
beginning after November 15, 2007, or the Company’s fiscal year ending September
30, 2009.  The Company is currently assessing the impact the adoption
of this pronouncement will have on the financial statements.




In
February 2007, the FASB issued SFAS No. 159, “The Fair Value Option for
Financial Assets and Financial Liabilities” and is effective for fiscal years
beginning after November 15, 2007.  This Statement permits entities to
choose to measure many financial instruments and certain other items at fair
value.  The objective is to improve financial reporting by providing
entities with the opportunity to mitigate volatility in reported earnings caused
by measuring related assets and liabilities differently without having to apply
complex hedge accounting provisions.  The Company is currently
assessing the impact the adoption of this pronouncement will have on the
financial statements.




In
December 2007, the FASB issued SFAS No. 160 “Noncontrolling Interests in
Consolidated Financial Statements-an amendment of ARB No. 51” and is effective
for fiscal years beginning after December 5, 2008.  This Statement
establishes accounting and reporting standards for the noncontrolling interest
in a subsidiary and for the deconsolidation of a subsidiary.  The
Company is currently assessing the impact the adoption of this pronouncement
will have on the Company’s financial statements.




In
December 2007, the FASB issued SFAS No. 141 (Revised) “Business
Combinations”.  SFAS 141 (Revised) is effective for fiscal years
beginning after December 13, 2008.  This Statement establishes
principles and requirements for how the acquirer of a business recognizes and
measures in its financial statements the identifiable assets acquired, the
liabilities assumed, and any noncontrolling interest in the
acquiree.  The Statement also provides guidance for recognizing and
measuring the goodwill acquired in the business combination and determines what
information to disclose to enable users of the financial statements to evaluate
the nature and financial effects of the business combination.  The
Company is currently assessing the impact the adoption of this pronouncement
will have on the Company’s financial statements.





















F-8




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




None







ITEM
9A. CONTROLS AND PROCEDURES





Evaluation of Disclosure
Controls and Procedures





The
Company maintains disclosure controls and procedures (as defined in the
Securities Exchange Act of 1934 Rules 13a-15(e) or 15d-15(e)) designed to
ensure that information required to be disclosed in reports filed or submitted
under the Securities Exchange Act of 1934, as amended, is recorded, processed,
summarized and reported within the time periods specified in the SEC's rules and
forms. Disclosure controls and procedures include, without limitation, controls
and procedures designed to ensure that information required to be disclosed by
the Company in its reports that it files or submits under the Exchange Act is
accumulated and communicated to the Company's management, including its
principal executive and principal financial officers, or persons performing
similar functions, as appropriate to allow timely decisions regarding required
disclosure.





The
Company's management, with the participation of its chief executive officer who
at that time was also its chief financial officer, evaluated the effectiveness
of our disclosure controls and procedures (as defined in the Securities Exchange
Act of 1934 Rules 13a-15(e) or 15d-15(e)) as of December 31, 2007.
Based on that evaluation, the Company's chief executive / financial concluded
that, as of that date, the Company's disclosure controls and procedures, were
not effective at a reasonable assurance level, due to the identification of a
material weakness, as discussed further below under Management's Report on
Internal Control over Financial Reporting.





Management's Report on
Internal Control over Financial Reporting





Management
of the Company is responsible for establishing and maintaining adequate internal
control over financial reporting (as defined in Section 13a-15(f) of the
Securities Exchange Act of 1934, as amended). Internal control over financial
reporting is a process designed by, or under the supervision of, the Company's
CEO who is also the company’s CFO to provide reasonable assurance regarding the
reliability of financial reporting and the preparation of the Company's
financial statements for external reporting purposes in conformity with U.S.
generally accepted accounting principles and include those policies and
procedures that (i) pertain to the maintenance of records that in
reasonable detail accurately and fairly reflect the transactions and disposition
of the assets of the company; (ii) provide reasonable assurance that
transactions are recorded as necessary to permit preparation of financial
statements in accordance with generally accepted accounting principles, and that
receipts and expenditures of the Company are being made only in accordance with
authorizations of management and directors of the Company; and
(iii) provide reasonable assurance regarding prevention or timely detection
of unauthorized acquisition, use or disposition of the Company's assets that
could have a material effect on the financial statements.





As
of December 31, 2007, management conducted an assessment of the
effectiveness of the Company's internal control over financial reporting based
on the framework established in Internal Control—Integrated Framework issued by
the Committee of Sponsoring Organizations of the Treadway Commission (COSO).
Based on the criteria established by COSO management concluded that the
Company's internal control over financial reporting was not effective as of
December 31, 2007, as a result of the identification of the material
weakness described below.





A
material weakness is a deficiency or combination of deficiencies in internal
control over financial reporting, such that there is a reasonable possibility
that a material misstatement of the annual or interim financial statements will
not be prevented or detected on a timely basis.





Our
management, including our chief executive officer who at that time was also
chief financial officer, does not expect that our disclosure controls and
procedures or our internal control over financial reporting will prevent or
detect all errors and all fraud. A control system, no matter how well designed
and operated, can provide only reasonable, not absolute, assurance that the
control system's objectives will be met. Further, the design of a control system
must reflect the fact that there are resource constraints, and the benefits of
controls must be considered relative to their costs. Because of the inherent
limitations in all control systems, no evaluation of controls can provide
absolute assurance that all control issues and instances of fraud, if any,
within the Company have been detected. These inherent limitations include the
realities that judgments in decision-making can be faulty, and that breakdowns
can occur because of simple error or mistake. Controls can also be circumvented
by the individual acts of some persons, by collusion of two or more people, or
by management override of the controls. Over time, controls may become
inadequate because of changes in conditions or deterioration in the degree of
compliance with associated policies or procedures. Because of the inherent
limitations in a cost-effective control system, misstatements due to error or
fraud may occur and not be detected.





The
Company's management has identified a material weakness in the effectiveness of
internal control over financial reporting related to a shortage of resources in
the accounting department required to close its books and records effectively at
each reporting date, obtain the necessary information from operational
departments and to complete the work necessary to file its financial reports
timely.





This
annual report does not include an attestation report of the company’s registered
public accounting firm regarding internal control over financial
reporting.  Management’s report was not subject to attestation by the
company’s  registered public  accounting firm pursuant to
temporary rules of the  Securities Exchange Commission that
permit  the company to provide only management’s report in this annual
report.









7




ITEM 9A. CONTROLS AND
PROCEDURES-
continued




Management's Remediation
Plan





Management
determined that a material weakness existed due to a lack of an adequate number
of personnel in the accounting department. Management is in the process of
remediating the material weakness identified by hiring a sufficient number of
resources to perform controls and to aid in the timeliness of the financial
statement close process leading to the correct preparation, review, presentation
of and disclosures in our consolidated statements. The Company has hired
temporary contractors to help perform certain accounting functions, until
management can employ a more permanent solution. We cannot assure you that, as
circumstances change, any additional material weakness will not be
identified.





We
believe that our disclosure controls and procedures, including our internal
control over financial reporting, have improved since year-end due to the
scrutiny of such matters by our management and a board of directors and the
changes described above. We have hired certain resources in the accounting and
finance departments and we will make additional changes in the future, as we
deem necessary. We cannot assure you that, as circumstances change, any
additional material weakness will not be identified.





Changes
in Internal Control over Financial Reporting





Except as
noted above, there were no changes in our internal control over financial
reporting, as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act,
during our most recently completed fiscal year that have materially affected, or
are reasonably likely to materially affect, our internal control over
financialreporting.







ITEM
9B. OTHER INFORMATION





None





PART
III





ITEM
10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE





The
following table sets forth the name, age and office of each executive officer of
the Company as of December 31, 2006.  Each officer serves at the
discretion of the board of directors, but generally for a one-year
term.  The periods during which such persons have served in such
capacities are indicated in the description of business experience of such
person below.




Name
            Age
            PositionCrawford
      Shaw
            73
            President,
      Secretary, Treasurer & Director





The
following is a biographical summary of the business experience of the executive
officers and directors of the company.





CrawfordShaw, 73, a director
and the Company’s Chairman of the Board, Chief Executive Officer and President,
has been an international lawyer, financier and management consultant in the
past thirty years. Previously, Mr. Shaw was a partner with Shaw and Reed,
practicing in the areas of international law and finance. At Shaw and Reed,
which he founded, Mr. Shaw served as legal, financial and management consultant
to several small and medium sized private and public companies. Mr. Shaw is also
a director of Paper Free Medical Solutions. Mr. Shaw graduated from Yale College
in 1958 and Yale Law School in 1961. He is a former Fellow of the Association of
the Bar of the City of New York and is the current Editor of A Lawyer’s Guide to
International Business Transactions, published by the American Bar Association
and the American Law Institute. Mr. Shaw is a member of the New York Bar and was
admitted to practice before the Appellate Division and Court of Appeals in New
York, as well as the United States Court for the Southern District of New York
and the States Court of International Trade.







ITEM
11.  EXECUTIVE COMPENSATION





There has
been no executive compensation paid during any of the last three
years.







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





The
following table is furnished as of December 31, 2006 to indicate beneficial
ownership of shares of the Company’s common stock by (1) each shareholder of the
Company who is known by the Company to be a beneficial owner of more than 5% of
the Company’s common stock, (2) each director, nominee for director and Named
Officer of the company, individually, and (3) all officers and directors of the
company as a group.  The information in the following table was
provided by such persons.





No
persons owned 5% or more of our common stock.  No officer or Director
owned any shares as of December 31, 2006.





Compliance
with Section 16(a) of the Exchange Act





Under the
securities laws of the United States, the company’s directors, its executive
officers, and any persons holding more than ten percent of the company’s stock
are required  to report their initial ownership of the company’s
common stock and any subsequent changes in  that ownership to the
securities and Exchange Commission.  Specific due dates for these
reports have been established and the company is required to disclose in this
Proxy Statement any failure to file by these dates during 2006.  Based
solely on a review of such reports and written statement of its directors,
executive officers and shareholders, the company does not believe that all of
the filing requirements were satisfied on a timely basis in 2006.




8


ITEM
13.  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR
INDEPENDENCE





There
were no related party transactions in either of the years ended December 31,
2005 or 2006.





The sole
director of the Company, Mr. Crawford Shaw is not independent as he is also an
officer of the Company.







ITEM
14.  PRINCIPAL ACCOUNTANT FEES AND SERVICES





Fees Paid
to Independent Public Accountants





The
following table represents fees for professional audit services rendered by E.
Randall Gruber, CPA PC (“ERG”) for the audit of the Company’s annual financial
statements for the years ended December 31, 2006 and December 31, 2005 and fees
billed for other services rendered by “ERG“ during those periods.





Fiscal 2006
            
            
            Fiscal 2005Audit
      fees (1)
            
            
            500Audit
      related fees (2)Tax
      fees
            
            
            -
            
            
            
            -All
      other fees
            
            
            -
            
            
            
            -Total
            
            
            -
            
            
            
            -500





(1)
            Audit
      fees consist of fees billed for professional services rendered for the
      audit of the Company’s consolidated annual financial statements and review
      of the interim consolidated financial statements included in quarterly
      reports and services that are normally provided by ERG in connection with
      statutory and regulatory filings or
engagements.


(2)
            Audit-related
      Fees consist of fees billed for assurances and other services not
      explicitly related to the performance of the audit or review of the
      company’s consolidated financial statements and are not reported under
      “Audit Fees”.  This category includes fees related to the
      Company’s registration statements, review of proxy statements and
      accounting research.





Auditor’s
time on task





All of
the work expanded by ERG on our December 31, 2006 and 2005 audits were
attributed to work performed by ERG’s full-time, permanent
employees.







ITEM
15.  EXHIBITS AND FINANCIAL STATEMENTS SCHEDULES





a) Exhibits


EXHIBIT
              NO
            DESCRIPTION31.1
            Certification Pursuant to 18 USC, Section 1350 as
      adopted Pursuant to Section 302 of the Sarbanes Oxley Act of
      200232.1
            Certification Pursuant to 18 USC Section 1350 as
      adopted Pursuant to Section 906 of the Sarbanes Oxley Act of
      2002



















9




SIGNATURES





In
accordance with Section 13 or 15(d) of the Securities Exchange Act of 1934, the
registrant caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.






MILLENNIUM NATIONAL EVENTS,
      INC.Date:
      July 21, 2008
              By:
              /s/ 
      Crawford ShawCrawford
      ShawPrincipal
      Executive Officer  and Principal Financial Officer


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





Name
            Title
            Date/s/ Crawford Shaw
            Principal
      Executive Officer, Principal Financial Officer and
Director
            July
      21, 2008





















10