UNITED
STATES


SECURITIES
AND EXCHANGE COMMISSION


WASHINGTON,
D.C. 20549




FORM
10-K




(Mark One)




xANNUAL REPORT
      UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF
      1934.




For the
fiscal year ended December 31, 2007




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




For the
transition period from _______ to ______




Commission file number:000-26493




EXTENSIONS,
      INC

                (Name
      of small business issuer in its charter)NEVADA
            88-0390251(State
      or other jurisdiction of
              incorporation
      or organization)
            (IRS
      Employer
              Identification
      No.)770
      South Post Oak Lanel Suite 330
              Houston, TX  77056

                (Address
      of principal executive offices)  (Zip
  Code)





Registrant’s
telephone number, including area code:   (832) 487-8689




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




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




Common Stock


(Title of
Class)






Check
whether the issuer is not required to file reports pursuant to Section 13 or
15(d) of the Exchange Act: o




Check
whether the issuer (1) filed all reports required to be filed by Section 13 or
15(d) of the Exchange Act during the past twelve (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 xNo o




Check if
there is no disclosure of delinquent filers in response to Item 405 of
Regulation S-K contained in this form, and no disclosure will be contained, to
the best of registrant’s knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-K or any
amendment to this Form 10-K. 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 (as
defined in Exchange Act Rule 12b-2).




Large
      accelerated filer
            o
            Accelerated
      filer
            o
            Non-accelerated
      filer
            o
            Smaller
      Reporting Company
            x(Do
      not check if a smaller reporting company)




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




The
aggregate market value of the common stock held by non-affiliates of the
Registrant as of December 31, 2007 was approximately $181,000 based upon the
closing sale price of the Registrant’s Common Stock on such date, as reported on
the NASD OTC-NQB of Common Stock held by each executive officer and director and
each person owning more than 10% of the outstanding Common Stock of the
Registrant have been excluded in that such persons may be deemed to be
affiliates of the Registrant. This determination of affiliate status is not
necessarily a conclusive determination for other purposes.




The
number of shares outstanding of the Registrant’s Common Stock, as of July 15,
2008, was 94,374,853  shares.


1






Extensions,
Inc.


(formerly
Millennium National Events, Inc.)





Index








PagePart
      IItem
      1. Business
            3Item
      1A. Risk Factors
            8Item
      1B. Unresolved Staff Comments
            14Item
      2. Properties
            14Item
      3. Legal Proceedings
            14Item
      4. Submission of Matters to a Vote of Security Holders
            14Part
      IIItem
      5. Market for Registrant’s Common Equity, Related Stockolders Matters and
      Issuers Purchasers of Equity Securities
            14Item
      6. Selected Financial Data
            15Item
      7. Management’s Discussion and Analysis of Financial Condition and Result
      of Operation
            15Item
      8. Financial Statements and Supplementary Data
            18Item
      9. Changes in and Disagreements with Accountants on Accounting and
      Financial Disclosure
            19Item
      9A. Controls and Procedures
            19Item
      9B. Other Information
            20Part
      IIIItem
      10. Directors Executive Officers and Corporate Governance
            21Item
      11. Executive Compensation
            22Item
      12. Security Ownership of Certain Beneficial Owner and Management and
      Related Stockholder Matters
            24Item
      13. Certain Relationships and Related Transactions, and Director
      Independence
            25Item
      14. Principal Accountant Fees & Services
            25Part
      IVItem
      15. Exhibits and Financial Schedules
            26Signatures
            26


2


PART
I




Cautionary Statement about
Forward-Looking Statements




This
Form 10-K contains forward-looking statements regarding future events and the
Company’s future results that are subject to the safe harbors created under the
Securities Act of 1933 (the “Securities Act”) and the Securities Exchange Act of
1934 (the “Exchange Act”). These statements are based on current expectations,
estimates, forecasts, and projections about the industry in which the Company
operates and the beliefs and assumptions of the Company’s management. Words such
as “expects,” “anticipates,” “targets,” “goals,” “projects,” “intends,” “plans,”
“believes,” “seeks,” “estimates,” “continues,” “may,” variations of such words,
and similar expressions are intended to identify such forward-looking
statements. In addition, any statements that refer to projections of the
Company’s future financial performance, the continuing development of the
Company’s website, the prospects for selling advertising on the website and new
visitors and visitor page views related to advertising agreements, the Company’s
anticipated growth and potentials in its business, and other characterizations
of future events or circumstances are forward-looking statements. Readers are
cautioned that these forward-looking statements are only predictions and are
subject to risks, uncertainties, and assumptions that are difficult to predict,
including those identified elsewhere herein, including under “Risk Factors.”
Therefore, actual results may differ materially and adversely from those
expressed in any forward-looking statements.




The
Company is under no duty to update any of these forward-looking statements after
the date of this report. You should not place undue reliance on these
forward-looking statements.






ITEM
1. DESCRIPTION OF BUSINESS




Overview




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.




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 and commenced an investigation of the assets, liabilities, business,
management, condition and liabilities of the Company.




In August
2007, we changed our name from Millennium National Events, Inc. to Extensions,
Inc.  We are in the business of developing, operating, and marketing
information architecture solutions to assist in solving and creating awareness
concerning complex problems and issues.    Our first
solution we have been developing is an interactive online community dedicated to
constantly improving the way people with cancer manage their
disease.




We intend
that this interactive community will serve as a comprehensive online resource
not only for people living with such conditions, but their immediate families
and friends, caregivers, recreation and rehabilitation providers, employers, and
other patients who are considered survivors of cancer.


3




ITEM 1. DESCRIPTION OF
BUSINESS-
continued




The
Company is currently developing a beta version of the website.  Our
headquarters are located at 770 South Post Oak Lane, Suite 330, Houston, TX
77056. Our company website is www.ext.com.




More than
1,300,000 people will be diagnosed with cancer this year in the United
States1.  There are
more than 10,200,000 cancer survivors today in the United States alone, and over
24,000,000 cancer survivors worldwide2.  We believe
Extensions offers a new solution to the difficulties faced by this
market.  Persons who are diagnosed with cancer face a multitude of
challenges that directly affect their lives and the lives of their friends and
family.  Founded by cancer advocates and built by internet industry
veterans, Extensions, Inc. intends to bring together content and tools ranging
from specialized health information, social networking and daily living
resources in a single interactive community.




We intend
to promote our website, www.ext.com, by primarily implementing a combination of
national and regional advertising campaigns, both online and offline, as well as
organic and direct response marketing intended to encourage people to visit our
site. We believe that the current state of fragmentation of cancer related
information and community-oriented websites will draw cancer patients,
survivors, and caregivers to our community and contribute to its growth and
success.




Our
Target Market




In the U.S. alone, it is estimated that
there are more than 10 million cancer survivors.  Worldwide, that
figure is over 24,000,000 million survivors.  A total of
1,437,180new cancer cases and 565,650 deaths
from cancer are projectedto occur in the United States in
20083.  This makes cancer the
leading cause of death for people under the age of 85 years old4. We believe that not only do the
millions of persons living with cancer have a need and desire for a
comprehensive resource aimed at their disease, but their immediate family,
friends, caregivers, recreation and rehabilitation providers, and employers can
also utilize such a comprehensive resource.




Our
Product




Our
cancer social network will be an interactive online community dedicated to
serving the specific needs of cancer patients and their
caregivers.  The site focuses on the patient researching their disease
and assist in finding, organizing and managing their own cancer support
network.  The goal of these support networks is to assist the patient
in conserving needed energy by lightening the burden associated with their own
daily trials and tribulations with the hope that the energy conserved can be
leveraged into a higher level of patient activity and a stronger determination
to fight.  The primary components of our website are content,
community, and Micro Support Networks,(MSN’s) each of which serves as a gateway
and complementary resource to the other.




Content




Extensions,
Inc. cancer community intention is to provide a broad spectrum of cancer related
research and information designed to help people research their disease,
organize their resources, and become empowered to overcome their
disease.  Visitors have the option of searching by keyword or category
or go directly to information that addressed a specific element of their cancer
roadmap.  All of Extensions content will be organized into grouped
data according to cancer type, treatment, and clinic, and is cross indexed with
patient experiences.




·
            Cancer
      Type – comprehensive information on each of the 233 different types of
      cancer.




·
            Cancer
      Treatments –  will provide information relating to each of the
      approved chemotherapy drugs, radiation treatments, surgery techniques and
      hormone therapies.




·
            Complementary
      and Alternative Medicines – will provide information relating to over
      5,100 complementary and alternative cancer
  therapies.




·
            Oncologists
      and Clinics – will provide information relating to oncologists and clinics
      from around the world.




Extensions,
Inc.  plans on identifying and entering into independent contractor
agreements with individuals (the “Content Providers”) in several specialties to
provide current medical journal reviews and summaries as well as other written
materials to be used by the Company on the website.
   1
                      See
      “Quick Facts: Economic and Health Burden of Chronic Disease” on posted on
      the U.S. Department of Health and Human Services Center for Disease
      Control and Prevention’s
      website:  www.cdc.gov/nccdphp/press/index.htm
 2
                      www.nih.gov
 3
                      CA Cancer J Clin 2008; 58:71-96;
      doi: 10.3322/CA.2007.0010,
      http://caonline.amcancersoc.org/cgi/content/short/58/2/71.
 4
                      CA Cancer J Clin 2008; 58:71-96;
      doi: 10.3322/CA.2007.0010,
      http://caonline.amcancersoc.org/cgi/content/short/58/2/71.
 4




ITEM
1. DESCRIPTION OF BUSINESS-
continued




Social
Support Network




Will
provide a Social Support Network for cancer patients and their friends and
family to coordinate support activities and research treatment on behalf of the
cancer patient.  The Social Support Network will be designed to engage
participants in such a way that they visit and participate interactively on the
site at a high frequency, thereby increasing site visits, repeat visitors, and
time-on-site metrics.




Discussions and Patient
Contribution




Will
provide the online community with a forum for discussion and contribution of
patient experience related to specific cancer topics.  This discussion
forum will be made up of variations of personal blogs, commentary, and member
chat.




Affiliate
Groups




Will
allow the online community with a method of joining various affiliate groups
related to a specific cancer topic.  These groups will serve as a
forum for discussion, collaboration, and community feedback through comments
posted to the group.




Print
Media




Will
allow its members to convert the cancer research they have done on our site to a
printed format for offline viewing.




Website
Development and Hosting




Extensions,
Inc. has not yet identified or entered into any development agreement with any
web development companies.  Management will continue to search for a
website development partner.  Upon identification of a website
development partner, Extensions, Inc. will seek out a website hosting
company.




Website
Advertising & Sponsorships




We expect
our largest source of revenue to be from website advertisement and sponsorship
sales. Advertising and sponsorship fees and rates will vary depending on page,
placement, and size of the advertisement on the website. Premium fees will be
charged for home page and section sponsorships while a lesser fee will apply to
run scheduled advertisements which continuously rotate throughout the website.
We anticipate that manufacturers of cancer-specific pharmaceuticals, products,
and services will make up a large percentage of advertisement and sponsorship
sales. However, we are promoting our advertising to a broad base of industries,
including companies in the consumer products, travel, tourism, and other
industries.




Potential
Market




Cancer is
a growth industry, current patterns predict a doubling of cancer diagnosis from
1.3 million in 2000 to 2.6 million in 2050. At the same time, the number of
cancer patients who are age 85 and older is expected to increase four-fold.5.




In the
U.S. alone, it is estimated that there are more than 10 million cancer
survivors6.  Worldwide,
that figure is more than 24 million survivors7.




This
year, in the US alone, 1.3 million people will be diagnosed with cancer for the
first time and 556,000 people will die of the disease8.  This makes
cancer the leading cause of death for people under the age of 85 years old9.  The latest
stat we have for the impact of Cancer in the US is from 2006, the direct cost of
cancer was approximately $78 Billion for direct medical costs and an estimated
$128 Billion for indirect costs (such as lost productivity and labor) bringing
the total economic impact to $206 Billion10.  This equates
to an average direct medical cost of $60,454 per patient per year and a lost
productivity cost of $97,454 per patient per year11.  The
following chart, which is posted on the U.S. Department of Health and Human
Services Center for Disease Control and Prevention’s website, provides evidence
of the potential size of our market.




5
                    Edwards
      et al. 2002, Annual
      Report to the Nation on the Status of
  Cancer
 6
                    http://www.nih.gov/
 7
                    http://www.nih.gov
 8
                    See “Quick Facts: Economic and
      Health Burden of Chronic Disease” on posted on the U.S. Department of
      Health and Human Services Center for Disease Control and Prevention’s
      website:  www.cdc.gov/nccdphp/press/index.htm
 5




ITEM
1. DESCRIPTION OF BUSINESS-
continued




Quick Facts: Economic and
Health Burden of Chronic Disease





Disease/
      Risk Factors
            Morbidity
      (Illness)
            Mortality
      (Death)
            Direct
      Cost/Indirect CostCancer
            About
      1.3 million people in the U.S. are diagnosed with cancer each year. Cancer
      is the second leading cause of death in the United States.
            In
      2003, an estimated 556,000 people died of cancer.
            NIH
      estimates that the overall costs for cancer in the year 2006 at 206
      billion: of this amount, $78 billion for direct medical costs and more
      than $128 billion for indirect costs such as lost
      productivity.




Competition




We will
be competing in the market for internet services and information which is a
highly competitive and volatile market. We compete with other both for profit
and nonprofit medical information websites such as PatientsLikeMe.com,
WebMD.com, RevolutionHealth.com and Healthcommunities.com for our medical
information services. However, our community is targeted and dedicated to
persons living with or directly affected by cancer which we believe provides us
a competitive advantage versus general medical information or diagnosis-oriented
websites.




We
compete with other social networking websites for social networking services
such as MySpace.com, Friendster.com, Facebook.com, Bebo.com, Xanga.com,
Ning.com, eHarmony.com, and Match.com. We hope to develop a loyal client base
through the social networking aspect of the website, which in-turn will help
generate advertising and sponsorship sales specifically targeted to consumers of
cancer related products and services. We believe we have a competitive advantage
over general social networking sites because we are targeting, through a broad
array of content, community, and other services, a specific group of persons
with specific consumer and information needs.




We
compete with large general internet service companies such as Google, Inc.,
Yahoo!, Inc., Microsoft, Inc., and America Online for online marketing and
advertising. However, because our website content is specifically targeted to
persons living with or directly affected by cancer, the Company believes that
the general nature of these large general internet service companies renders
them unable to target the cancer market as effectively as
Extensions.




Patents
and trademarks




We have
created a portfolio of intellectual property assets, consisting of the following
three provisional patents:




Cause
Based Social Support Network (Provisional Patents Number: 61038124)
  The Cause
Based Social Support Network (SSN) is an evolution of the traditional social
network that organizes its users for a greater social good, or
cause.  SSNs are made up of miniature social networks, called Micro
Support Networks, which revolve around a single user, or Beneficiary, who is
facing a personal challenge or obstacle related to the Cause;
  Volunteer Appreciation and
Monetization of Goodwill at the Point of Impact (Provisional Patent
Number:  61038087)
  The
Volunteer Appreciation and Monetization of Goodwill at the Point of Impact, also
known as the “Goodwill Generator,” is a technology which we have created with
the intention of  allowing charity based organizations the opportunity
to monetize the goodwill of their volunteer base and redirect the new goodwill
created via their volunteers to a specific cause or problem.  Our
intention is to empower charities with this technology with the intent of
redirecting the “goodwill created” to serve to the benefit of  our
members in solving problems or organizing a cause.;
 
 The Creation of a Mission
Adaptive Plan as an Experience Based Navigation System in Converting Social
Networks and their Activity into A User Generated Content Based Search Engines
(Provisional Patent  Number: 61052407)
  To assist
the user with the navigation of all the site’s Information Group Pages (IGP’s),
each user is equipped with a MAP.  A MAP stands for Mission Adaptive Plan
and it is an intuitive search tool used to direct the user to content that is
relevant to their data search and specific real life
situation.   Our intention is that the MAP will serve as the as
the backbone of every User’s experience within our network.


9
                    http://www.cdc.gov/nccdphp/press/index.htm
 10
                    See “Quick Facts: Economic and
      Health Burden of Chronic Disease” on posted on the U.S. Department of
      Health and Human Services Center for Disease Control and Prevention’s
      website:  www.cdc.gov/nccdphp/press/index.htm
 11
                    $60,454 calculation based upon
      $78 billion divided by 1.3 million people.  $97,454 calculation
      based upon $128 billion divided by 1.3 million
    people.
 6




ITEM
1. DESCRIPTION OF BUSINESS-
continued




Effect
of existing or probable government regulations on the business.




FTC and FDA regulation of
drug and medical device advertising and promotion.




The FDA
and the FTC regulate the form, content and dissemination of labeling,
advertising and promotional materials of pharmaceutical or medical device
companies, including direct-to-consumer prescription drug and medical device
advertising. The FTC regulates over-the-counter drug advertising and, in some
cases, medical device advertising. Generally, based on FDA requirements,
companies must limit advertising materials to discussions of FDA-approved uses
and claims.




Information
that promotes the use of pharmaceutical products or medical devices that is put
on our website will be subject to the full array of the FDA and FTC requirements
and enforcement actions. The FDA and FTC would most likely be focused on the
advertisements placed on our pages, any other pharmaceutical information found
in our education pages, and the products sold through our e-commerce site. The
FTC and FDA look for editorial independence from advertisers and sponsors in
informational or educational discussions of regulated pharmaceuticals or medical
devices. The FDA and the FTC place the principal burden of compliance with
advertising and promotional regulations on advertisers and sponsors to make
truthful, substantiated claims. If the FDA or the FTC finds that any information
on our website violates FDA or FTC regulations, they may take regulatory or
judicial action against us or the advertiser or sponsor of that information.
State attorneys general may also take similar action based on their state’s
consumer protection statutes.




Drug
Advertising.




The
Federal Food, Drug, and Cosmetic Act, or FDC Act, requires that prescription
drugs be approved for a specific medical indication by the FDA prior to
marketing. Marketing, advertising or otherwise commercializing products prior to
approval is prohibited. Upon approval, the FDA’s regulatory authority extends to
the labeling and advertising of prescription drugs sold throughout the United
States which may only be promoted and advertised for their approved indications.
The labeling and advertising must not be false or misleading, and must present
all material information, including risk information. Labeling and advertising
that violate these legal standards are subject to FDA enforcement
action.




The FDA
regulates the safety, effectiveness, and labeling of over-the-counter drugs.
Together, the FDA and FTC require that OTC drug formulation and labeling comply
with FDA approvals or regulations and the promotion of OTC drugs must be
truthful, adequately substantiated, and consistent with the labeled uses. OTC
drugs that do not meet
these requirements are subject to FDA or FTC enforcement action depending on the
nature of the violation. In addition, state attorneys general can also bring
enforcement actions for alleged unfair or deceptive advertising.




Any
increase in FDA regulation of the online advertisements of prescription drugs
could make it more difficult for us to obtain advertising and sponsorship
revenue. Only recently has the FDA relaxed its formerly restrictive policies on
direct to consumer advertising of prescription drugs. If the FDA changes its
policies to make them more restrictive, this could also make it more difficult
for us to obtain advertising and sponsorship revenue.




FTC regulation of general
internet advertising and marketing.




The FTC
regulates internet advertising under the Federal Trade Commission Act which
allows the FTC to act in the interest of all consumers to prevent deceptive and
unfair acts or practices. The FTC requires that advertisements be true and not
misleading to consumers and that they be substantiated. The FTC also requires
clear and conspicuous disclosures.




Failure
to comply with the FTC’s prohibition of false or misleading claims in
advertisements could result in enforcement actions or civil lawsuits for fines
and civil penalties. We believe that we have taken steps to protect our company
from liability for displaying or disseminating ads in violation of these
regulations through our advertising agreements and Company advertising policy.
However, a regulatory authority may find that the Company has violated the
advertising regulations and may bring an enforcement action against the
Company.


7




ITEM
1. DESCRIPTION OF BUSINESS-
continued




Medical
Professional Regulation




Most
states regulate the practice of medicine requiring professional licensing. Some
states prohibit business entities from practicing medicine. We do not believe
that we are engaged in the practice of medicine, but rather we provide
information to the general public. The Company has agreements with licensed
medical professionals who provide educational information in the form of content
for the Company’s website. We do not, and do not intend to, provide professional
medical advice, diagnosis or treatment through our website. A state may
determine that some aspect of our business violates that state’s licensing laws
and may seek to have us discontinue those portions or subject us to penalties or
licensure requirements. Any determination that we are a healthcare provider and
acted improperly as a healthcare provider may result in liability to
us.




Many
states regulate the ability of medical professionals to advertise or maintain
referral services. We do not represent that a physician’s use of the Company’s
online directory will comply with these or other state laws regulating
professional practice. It is possible a state or a court may determine we are
responsible for any non-compliance with these laws, which could affect our
ability to offer this service to our customers.




Consumer Protection
Regulation




Advertising
viewed by visitors on our website and consumer sales from our e-commerce website
are subject to federal and state consumer protection laws which regulate unfair
and deceptive practices. We are also subject to various other federal and state
consumer protection laws, including the ones described below. Most state
consumer protection laws are enforced by the Attorneys General of each
state.




COPPA




The
Children’s Online Privacy Protection Act (“COPPA”) protects personal information
of children under the age of 13 disclosed online by prohibiting unfair or
deceptive acts or practices in connection with the collection, use, and/or
disclosure of personal information from and about children. Our website does not
target children under 13, nor do we plan to allow anyone under the age of 18 to
register as a member. Therefore, the Company will not knowingly be collecting
the personal information of children under the age of 13.




CAN-SPAM




The
Controlling the Assault of Non-Solicited Pornography and Marketing Act of 2003
(“CAN-SPAM”) regulates commercial emails and provides recipients the right to
request the sender to stop sending messages. CAN-SPAM establishes penalties for
sending commercial email which are intended to deceive the recipient as to
source or content. We plan on sending commercial emails to members or other
users of our site. Many states have also enacted anti-spam laws. The CAN-SPAM
Act preempts many of these statutes.




Employees




As of
December 31, 2007 we had 2 employees, 2 of which are full time and 0 are part
time.






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.




8




ITEM 1A. RISK FACTORS-
continued




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.




The business of
providing services over the internet is difficult to evaluate and our business
model is unproven.




Because
we have not begun operations, it is difficult to evaluate our business and
prospects. Our revenue and income potential is unproven and our business model
is emerging. We may never achieve favorable operating results or
profitability.




We may be unable
to generate significant advertising or sponsorship revenues.




We expect
to derive a significant portion of our revenues from advertising and sponsorship
on the Ext.com website. We may not, however, be able to generate adequate
advertising or sponsorship revenues. There are no widely accepted standards that
measure the effectiveness of web advertising. Advertisers and sponsors that have
traditionally relied on other advertising media may be reluctant to advertise on
the web. Advertisers that already have invested substantial resources in other
advertising or sponsor methods may be reluctant to adopt a new strategy and our
business would be adversely affected.




Different
pricing models are used to sell advertising on the internet. It is difficult to
predict which, if any, will emerge as the industry standard. The proliferation
of websites across the internet may cause advertising and sponsor pricing levels
to exist or evolve which are below levels originally anticipated in the
Company’s business plan. This makes it difficult to project future advertising
and sponsor revenues. Moreover, certain security, filtering and proprietary
software programs that limit or prevent certain types of advertising from being
delivered to a web user’s computer are available. Widespread adoption of this
software could adversely affect the commercial viability of web
advertising.




There is no
assurance that we will be successful in expanding our operations and, if
successful, managing our future growth.




We have
not launched our website and are still in development. Payments for website
development and expansion of our operations have and will result in significant
operating costs. If we are unable to generate revenues that are sufficient to
cover our significant operating costs, our results of operations will be
materially and adversely affected. In addition, we may experience periods of
rapid growth, including increased staffing levels. Such growth will place a
substantial strain on our management, operational, financial and other
resources. Moreover, we will need to train, motivate and manage employees and
partners, as well as attract sales, technical and other professionals. Any
failure to expand these areas and implement such procedures and controls in an
efficient manner and at a pace consistent with our business objectives would
have a material adverse affect on our business, financial condition and results
of operations.




We are dependent
on our key personnel, and the loss of any could adversely affect our
business.




We depend
on the continued performance of various consultants including computer
programming, legal and business development.




If we
lose the services of any of the foregoing individuals, and are unable to locate
suitable replacements for such persons in a timely manner, it could have a
material adverse effect on our business. We do not have, and we do not expect to
obtain, key man life insurance for any members of management in the foreseeable
future.




We face
significant competition; and, our competitors may have greater resources or
research and development capabilities than we have, and we may not have the
resources necessary to successfully compete with them.




Our
business has been to create an interactive online resource for people living
with or directly affected by cancer  We are currently not aware of any
significant competitors commercially selling this resource; however, the online
marketplace for general healthcare information, resources and services is
intensely competitive, rapidly evolving and subject to rapid technological
change. As we continue to develop and launch modifications and updated releases
of our website, we have found the internet and advertising business is highly
competitive, and we may face increasing competition. Additionally, we are aware
that many of our potential competitors operating in the online marketplace for
general healthcare information, resources and services have greater financial
and technical resources, more experience in research and development, and more
established marketing and distribution capabilities than we have. Some of our
large customers may also complete with us. These organizations are also better
known and have more customers. We may be unable to compete successfully against
these organizations if they expand their focus and operations to directly target
our marketplace serving people living with or directly affected by disabilities
or functional limitations.






9




ITEM
1A. RISK FACTORS-
continued




We also
compete for visitors, members, consumers, content and service providers,
advertisers, sponsors, partners and acquisition candidates with the following
categories of companies:




•
            online
      services or websites targeted to the healthcare industry and healthcare
      consumers generally, including webmd.com, medscape.com, pol.net,
      ivillage.com, medcareonline.com, mediconsult.com, betterhealth.com,
      drkoop.com, onhealth.com, healthcentral.com and
      thriveonline.com;





•
            publishers
      and distributors of traditional offline media, including those targeted to
      healthcare professionals, many of which have established or may establish
      websites;





•
            general
      purpose consumer online services and portals which provide access to
      healthcare-related content and
services;





•
            public
      sector and non-profit websites that provide healthcare information without
      advertising or commercial sponsorships;•
            vendors
      of healthcare information, products and services distributed through other
      means, including direct sales, mail and fax messaging;
  and





•
            web
      search and retrieval services and other high-traffic
    websites.





We face
significant competition from traditional media companies which could adversely
affect our future operating results.




We also
compete with traditional media companies for advertising.  Most advertisers
currently spend only a portion of their advertising budgets on internet
advertising. If we fail to persuade advertisers to spend a portion of their
budget on advertising with us, our revenues could decline and our future
operating results could be adversely affected.




Performance or
security problems with our website could negatively impact our
business.




Our
success depends greatly on (i) the successful launch and ongoing development of
our website, and (ii) maintaining the site to minimize delays and systems
problems. Our customer satisfaction and our business could be harmed if we or
our customers experience system delays, failures or loss of data. The occurrence
of a major catastrophic event or other system failure at any of our or our
vendor facilities could interrupt data processing or result in the loss of
stored data. In addition, we depend on the efficient operation of internet
connections from customers to our systems and vendors. These connections, in
turn, depend on the efficient operation of Web browsers, internet service
providers and internet backbone service providers, all of which have had
periodic operational problems or experienced outages.




A
material security breach could damage our reputation or result in liability. We
may be required to spend significant capital and other resources to protect
against security breaches or to alleviate problems caused by breaches. Any
well-publicized compromise of internet security could deter people from using
the internet or from conducting transactions that involve transmitting
confidential information, including confidential healthcare information.
Therefore, it is critical that these facilities and infrastructure remain secure
and are perceived by the marketplace to be secure.




Despite
the implementation of security measures, this infrastructure may be vulnerable
to physical break-ins, computer viruses, programming errors, attacks by third
parties or similar disruptive problems.




Technology may
change faster than we can update our applications and
services.




Medical
information exchange is a relatively new and evolving market. The pace of change
in this market is rapid and there are frequent new product introductions and
evolving industry standards. We may be unsuccessful in responding to
technological developments and changing customer needs. In addition, our
applications and services offerings may become obsolete due to the adoption of
new technologies or standards.




We will
depend on service and content providers to provide information and data feeds on
a timely basis. Our website could experience disruptions or interruptions in
service due to the failure or delay in the transmission or receipt of this
information. In addition, our members and consumers depend on internet service
providers, online service providers and other website operators for access to
our websites. All of them have experienced significant outages in the past and
could experience outages, delays and other difficulties in the future due to
system failures unrelated to our systems. Any significant interruptions in our
services or increases in response time could result in a loss of potential or
existing members, consumers, strategic partners, advertisers or sponsors and, if
sustained or repeated, could reduce the attractiveness of our
services.




10




ITEM
1A. RISK FACTORS-
continued




If we are unable
to provide services which generate significant traffic to our websites, or we
are unable to enter into distribution relationships which drive significant
traffic to our websites, our business could be harmed, hampering our ability to
increase our revenues.




The
success of our business plan is largely dependent on the number of page views
and subsequently advertising and sponsorship revenue. Our marketing plan is
measured by the number of page views or website hits we receive. Although
management has based its estimates on what it believes to be reasonable
assumptions, there can be no assurance that the number of page views can be
accurately predicted, which in turn will substantially impact the ability to
attract the requisite purchasers with spending power as well as advertisers and
sponsors to our site, who advertise based on website traffic numbers. A material
reduction in our website hits will substantially affect our business plan,
projected revenues and net income.




The majority of
our revenues will be derived from advertising and sponsorships, and the
reduction in spending by or loss of current or potential advertisers or sponsors
would cause our revenues and operating results to decline.




The
majority of our total revenues will come from advertising and
sponsorships.  Our ability to grow advertising and sponsorship revenue
depends upon:




•
            growing
      and retaining our user base;•
            attracting
      new and broadening our relationships with existing advertisers and
      sponsors;•
            attracting
      advertisers and sponsors to our user base;•
            increasing
      demand for our advertising and sponsorships;•
            deriving
      better demographic and other information from our users;
    and•
            driving
      continued and increased acceptance of the web by advertisers and sponsors
      as an effective advertising medium.




Advertising
agreements often have payments contingent upon guaranteed minimum usage,
impressions, or click-through levels.  Accordingly, it is difficult to
forecast certain advertising revenues accurately.  Any reduction in
spending by or loss of existing or potential future advertisers or sponsors
would cause our revenues to decline.  Further, we may be unable to adjust
spending quickly enough to compensate for any unexpected revenue
shortfall.




Decreases or
delays in advertising spending by our advertisers or sponsors due to general
economic conditions could harm our ability to generate advertising
revenue.




Expenditures
by advertisers and sponsors tend to be cyclical, reflecting overall economic
conditions and budgeting and buying patterns.  Since we expect to derive
the majority of our revenues from advertising, any decreases in or delays in
advertising or sponsorship spending due to general economic conditions could
reduce our revenues or negatively impact our ability to grow our
revenues.




If we are unable
to acquire compelling content at reasonable costs or if we do not develop
compelling content, the number of users of our services may not grow as
anticipated, or may decline, which could harm our operating
results.




Our
success depends in part upon our ability to create; license and aggregate
compelling content from third parties, and deliver that content through our
website.  We plan on providing audio and video content to our users, and we
believe that users will increasingly demand high-quality audio and video
content, including user-generated content, such as interviews, speeches, news
footage,  and other specialized content.  Such content may
require us to make substantial payments to third parties from whom we license or
acquire such content.  Our ability to maintain and build relationships with
third-party content providers is critical to our success.  In addition, as
new methods for accessing the internet become available, including through
alternative devices, we may need to enter into amended content agreements with
existing third-party content providers to cover these new devices.  Also,
to the extent that Ext.com develops content of its own, Ext.com’s current and
potential third-party content providers may view our services as competitive
with their own, and this may adversely affect their willingness to contract with
us.  We may be unable to enter into new, or preserve existing,
relationships with the third parties whose content we seek to obtain.  In
addition, as competition for compelling content increases both domestically and
internationally, our content providers may increase the prices at which they
offer their content to us, and potential content providers may not offer their
content on terms agreeable to us.  An increase in the prices charged to us
by third-party content providers could harm our operating results and financial
condition.  Further, many of our content licenses with third parties are
non-exclusive.  Accordingly, other webcasters and other media such as radio
or television may be able to offer similar or identical content.  This
increases the importance of our ability to deliver compelling editorial content
and personalization of this content for users in order to differentiate Ext.com
from other businesses.  If we are unable to license or acquire compelling
content at reasonable prices, if other companies broadcast content that is
similar to or the same as that provided by Ext.com, or if we do not develop
compelling editorial content or personalization services, the number of users of
our services may not grow as anticipated, or may decline, which could harm our
operating results.




Our intellectual
property rights are valuable, and any inability to protect them could reduce the
value of our brand image and harm our business and our operating
results.




We
create, own and maintain a wide array of intellectual property assets, including
copyrights, trademarks, trade secrets and rights to certain domain names, which
we believe are among our most valuable assets.  We seek to protect our
intellectual property assets through copyright, trade secret, trademark and
other laws of the United States, and through contractual provisions.  The
efforts we have taken to protect our intellectual property and proprietary
rights may not be sufficient or effective at stopping unauthorized use of those
rights.  In addition, effective trademark, copyright and trade secret
protection may not be available or cost-effective in every country in which our
website and media properties are distributed or made available through the
internet.  There may be instances where we are not able to fully protect or
utilize our intellectual property assets in a manner to maximize competitive
advantages.  Further, while we attempt to ensure that the quality of our
brand is maintained by our licensees, our licensees may take actions that could
impair the value of our brand, our proprietary rights or the reputation of our
products and media properties.  We realize that third parties may, from
time to time, copy significant content available on Ext.com for use in
competitive internet services.  Protection of the distinctive elements of
Ext.com may not be available under copyright law.  If we are unable to
protect our proprietary rights from unauthorized use, the value of our brand
image may be reduced.  Any impairment of our brand could negatively impact
our business.  In addition, protecting our intellectual property and other
proprietary rights is expensive and time consuming.  Any increase in the
unauthorized use of our intellectual property could make it more expensive to do
business and consequently harm our operating results.




11




ITEM
1A. RISK FACTORS-
continued




We may in the
future be subject to intellectual property infringement claims, which are costly
to defend, could result in significant damage awards, and could limit our
ability to provide certain content or use certain technologies in the
future.




Third
parties may in the future assert claims against us alleging infringement of
copyrights, trademark rights, trade secret rights or other proprietary rights,
or alleging unfair competition or violations of privacy rights or failure to
maintain confidentiality of user data.  In addition, third parties may make
trademark infringement and related claims against us. As we expand our business
and develop new technologies, products and services, we may become increasingly
subject to intellectual property infringement claims.  In the event that
there is a determination that we have
infringed third-party proprietary rights such as copyrights, trademark rights,
trade secret rights or other third party rights such as publicity and privacy
rights, we could incur substantial monetary liability, be required to enter into
costly royalty or licensing agreements or be prevented from using the rights,
which could require us to change our business practices in the future and limit
our ability to compete effectively.  We may also incur substantial expenses
in defending against third-party infringement claims regardless of the merit of
such claims.  In addition, many of our agreements with our customers or
affiliates require us to indemnify them for certain third-party intellectual
property infringement claims, which could increase our costs in defending such
claims and our damages.  The occurrence of any of these results could harm
our brand and negatively impact our operating results.




We are subject to
United States and foreign government regulation on internet services which could
subject us to claims and remedies including monetary liabilities and limitations
on our business practices.




We are
subject to regulations and laws directly applicable to providers of internet
services both domestically and internationally.  The application of
existing domestic and international laws and regulations to Ext.com relating to
issues such as user privacy and data protection, defamation, pricing,
advertising, taxation, gambling, sweepstakes, promotions, financial market
regulation, consumer protection, content regulation, quality of services,
telecommunications and intellectual property ownership and infringement in many
instances is unclear or unsettled.  In addition, we will also be subject to
any new laws and regulations directly applicable to our domestic and
international activities.  Further, the application of existing laws to
Ext.com regulating or requiring licenses for certain businesses of our
advertisers including, for example, distribution of pharmaceuticals, alcohol,
adult content, tobacco or firearms, as well as insurance and securities
brokerage and legal services, can be unclear. We may incur substantial
liabilities for expenses necessary to comply with these laws and regulations or
penalties for any failure to comply.  Compliance with these laws and
regulations may also cause us to change or limit our business practices in a
manner adverse to our business.




A number
of federal laws, including those referenced below, impact our business. 
The Digital Millennium Copyright Act (“DMCA”) is intended, in part, to limit the
liability of eligible online service providers for listing or linking to
third-party websites that include materials that infringe copyrights or other
rights of others.  Portions of the Communications Decency Act (“CDA”) are
intended to provide statutory protections to online service providers who
distribute third party content.  Ext.com relies on the protections provided
by both the DMCA and CDA in conducting its business.  Any changes in these
laws or judicial interpretations narrowing their protections will subject us to
greater risk of liability and may increase our costs of compliance with these
regulations or limit our ability to operate certain lines of business.  The
Children’s Online Protection Act and the Children’s Online Privacy Protection
Act are intended to restrict the distribution of certain materials deemed
harmful to children and impose additional restrictions on the ability of online
services to collect user information from minors.  In addition, the
Protection of Children From Sexual Predators Act of 1998 requires online service
providers to report evidence of violations of federal child pornography laws
under certain circumstances.  The costs of compliance with these
regulations may increase in the future as a result of changes in the regulations
or the interpretation of them.  Further, any failures on our part to comply
with these regulations may subject us to significant liabilities.




Changes in
regulations or user concerns regarding privacy and protection of user data could
adversely affect our business.




Federal,
state and international laws and regulations may govern the collection, use,
sharing and security of data that we receive from our users and partners. 
In addition, we have and post on our website our own privacy policies and
practices concerning the collection, use and disclosure of user data.  Any
failure, or perceived failure, by us to comply with our posted privacy policies
or with any data-related consent orders, Federal Trade Commission requirements
or other federal, state or international privacy-related laws and regulations
could result in proceedings or actions against us by governmental entities or
others, which could potentially have an adverse effect on our
business.




Further,
failure or perceived failure to comply with our policies or applicable
requirements related to the collection, use, sharing or security of personal
information or other privacy-related matters could result in a loss of user
confidence in us and ultimately in a loss of users, partners or advertisers,
which could adversely affect our business.




There are
a large number of legislative proposals pending before the United States
Congress, various state legislative bodies and foreign governments concerning
privacy issues related to our business. We cannot accurately predict
whether or when such legislation may be adopted.  Certain proposals, if
adopted, could impose requirements that may result in a decrease in our user
registrations and revenues.  In addition, the interpretation and
application of user data
protection laws are in a state of flux.  Complying with these varying
requirements could cause us to incur substantial costs or require us to change
our business practices in a manner adverse to our business.




12




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.






13




ITEM
1B. UNRESOLVED STAFF COMMENTS




None






ITEM
2. DESCRIPTION OF PROPERTY




In August
2007 we entered into a Sublease Agreement for the lease of office space at
770 South Post Oak Lane, Suite 330, Houston Texas  77056 which we use
as our corporate offices. The sublease commenced August 1, 2007 and terminates
on July 31, 2009. We pay $350 per month under the terms of the
sublease.






ITEM
3. LEGAL PROCEEDINGS




None.






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




None






PART
II




ITEM
      5.MARKET FOR COMMON EQUITY AND
      RELATED STOCKHOLDER MATTERS





Shares of
our common stock began trading on the NASD – OTC NQB Board on February 1997. As
of December 31, 2007, there were approximately 62 holders of record of our
common stock. This does not include persons who hold our common stock in
brokerage accounts and otherwise in ‘street name.’




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 quotations reflect inter-dealer prices without
retail mark-up, mark-down or commission and may not reflect actual
transactions.




Quarter
      ended
            
            High
            
            LowMarch
      30, 2007
            
            $
      17.00
            
            $  1.50June
      30, 2007
            
            $   7.00
            
            $  7.00September
      30, 2007
            
            $
      13.00
            
            $  1.00December
      31, 2007
            
            $  3.00
            
            $  3.00





The
closing sales price of the Common Stock as reported on December 31, 2007, was
$3.00 per share.




Dividends




Since its
inception the Company has not declared or paid cash or other dividends on its
Common Stock. The Company has no plans to pay any dividends, although it may do
so if it’s financial position changes.




Securities
Authorized Under Equity Compensation Plans Information




None






14




ITEM
      5.MARKET
      FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS- continued
  Recent
Sales of Unregistered Securities




Following
are descriptions of all unregistered equity securities of the Company sold
during the last fiscal quarter, excluding transactions that were previously
reported on Form 10-QSB or Form 8-K during the period.




On May
16, 2007 the company sold 1,000,000 preferred A shares to an investor for
$17,000. We relied on the exemption from registration provided by Section 4(2)
under the Securities Act of 1933 for this issuance. No commissions or other
remuneration was paid in connection with this issuance.  These shares
were subsequently converted into 50,000,000 shares of our post reverse split
common stock.




On August
27, 2007, we enetered into a line of credit agreement with an investor; where we
issued 7,000,000 shares of stock in return for a $50,000 line of credit. We
relied on the exemption from registration provided by Section 4(2) under the
Securities Act of 1933 for this issuance. No commissions or other remuneration
was paid in connection with this issuance.




On
December 4, 2007 we sold 2,113,600 shares to an investor for $10,568. We relied
on the exemption from registration provided by Section 4(2) under the Securities
Act of 1933 for this issuance. No commissions or other remuneration was paid in
connection with this issuance.




On
December 27, 2007, we sold 3,700,000 shares for $18,500 we relied on the
exemption from registration provided by Section 4(2) under the Securities Act of
1933 for this issuance. No commissions or other remuneration was paid in
connection with this issuance.






ITEM 6.SELECTED FINANCIAL
      DATA





Years
      Ended December 312007
            
            
            2006Revenues
            
            
            0
            
            
            
            0Expenses
            
            
            109,662
            
            
            
            27,300Net
      Income (loss)
            
            
            (109,662
            )
            
            
            (27,300
            )Total
      Assets
            
            
            20,976
            
            
            
            0Shareholder
      Equity
            
            
            20,976
            
            
            
            0







ITEM 7.MANAGEMENT’S DISCUSSION AND
      ANALYSIS OR PLAN OF OPERATION





PLAN
OF OPERATION




Plan
of Operation




We were
incorporated under the laws of the State of Nevada on February 17,1997 and our
primary purpose is to develop, operate and market interactive online communities
around our intellectual property.  Our first interactive community
will be addressing the subject of cancer and will be dedicated to constantly
improving the way people with cancer live their lives. With the intention of
serving as a comprehensive online resource not only for people living with such
conditions, but their immediate families and friends, caregivers, volunteers and
rehabilitation providers, and employers.




The
Company plans on releasing a beta version of the website around the 4th  Quarter
2008, with a full release 1st quarter
2009. Our headquarters are located in the metropolitan area of Houston,
Texas.






15




ITEM 7.MANAGEMENT’S DISCUSSION AND
      ANALYSIS OR PLAN OF OPERATION-
      continued


The
activities of the Company in 2007 were primarily organizational in nature,
including the planning, ongoing development and design of our main website
(www.ext.com)




Our focus
during 2008 will continue to be: (i) the ongoing development and design of our
main website  (ii) planning and beginning to implement our marketing
and business development initiatives, the start up of our sales operations, and
continuing to build our management team and staff. (iii) the development
of  related micro support networks which will reside as sub-domains on
the ext.com platform, operational platform, and product strategy; (iv) to
negotiate and to enter into advertising, sponsorship and other agreements,
thereby generating revenue and cash flow; (v) to create subsidiaries to leverage
off our  infrastructure in other vertical markets and (vi) to increase
brand awareness and drive internet traffic to and within our online community
through various online and organic media campaigns, business development and
partnership initiatives, sponsorships, events and other activities. The greater
the awareness of our main website and network of related micro support networks,
community and brand in the marketplace, the greater the number of page views we
will experience. The more page views our online community experiences, the
greater the inventory of advertising impressions, sponsorship opportunities, and
billable revenue under the standard terms of our advertising and sponsorship
agreements.




Our
financial statements for our fiscal year 2007 and the period from September 5,
2006 (inception) through December 31, 2006 reflect minimal business activities.
During this time period we worked primarily on the planning, development and
integration of our main website, the planning and initial implementation of our
marketing and business development initiatives, the start up of our sales
operations, and the initial development of our management team and
staff.




Liquidity and
Capital Resources




During
our fiscal year ended December 31, 2007 we generated no revenues.




We
currently fund our operations primarily through funds raised through private
placements completed in May, August, and December 2007. On May 16, 2007 we
completed a private placement of our Preferred stock, issuing 1,000,000 shares
for aggregate gross proceeds of $17,000. The shares were issued at $.0175 per
share.




On August
27, 2007 we had a closing of $50,000 under a private placement of unregistered
securities. A total of 7,000,000 common shares were issued on August 27,
2008




On
December 4, 2007, we had a closing of $10,568  under a private
placement of unregistered securities. A total of 2,113,600 common shares were
issued on December 4, 2007.




On
December 27, 2007  we had a closing of $18,500  under a
private placement of unregistered securities. A total of 3,700,000 common shares
were issued on December 27, 2007.




We may
determine it is appropriate to raise additional capital for working capital and
general corporate purposes. If we need, or elect, to obtain additional debt or
equity financing, but there can be no assurance that additional financing will
be available on reasonable terms, if at all. Without additional financing, we
have insufficient funds to carryout our business plan for the next twelve
months.




Results of
Operations:




Our
financial statements for the fiscal year ended December 31, 2007 through
December 31, 2006 reflect minimal business activities. We had no revenue for
either the year ended December 31, 2006 or December 31, 2007.  For the
year ended December 31, 2007, we had operating expenses of $109,662 consisting
of an impairment loss of $33,953 for the write off of goodwill and general
expenses of $75,709.  This compares with expenses of $27,300 for the
year ended December 31, 2006, all from the write-down of goodwill, initiatives,
the start up of our sales operations and the initial development of our
management team and staff.






16




ITEM
      7.MANAGEMENT’S
      DISCUSSION AND ANALYSIS OR PLAN OF OPERATION-
      continued
  Critical
Accounting Policies




The
preparation of financial statements in conformity with U. S. generally accepted
accounting principles requires management to make a variety of estimates and
assumptions that affect (i) the reported amounts of assets and liabilities and
disclosure of contingent assets and liabilities as of the date of the financial
statements and (ii) the reported amounts of revenues and expenses during the
reporting periods covered by the financial statements.




Our
management routinely makes judgments and estimates about the effect of matters
that are inherently uncertain. As the number of variables and assumptions
affecting the future resolution of the uncertainties increase, these judgments
become even more subjective and complex. Although we believe that our estimates
and assumptions are reasonable, actual results may differ significantly from
these estimates. Changes in estimates and assumptions based upon actual results
may have a material impact on our results of operation and/or financial
condition. Our significant accounting policies are disclosed in Note 2 to the
Financial Statements included in this prospectus.




While all
of the significant accounting policies are important to the Company’s financial
statements, the following accounting policies and the estimates derived there
from have been identified as being critical:




Website
development costs:




The
Company adopted the Financial Accounting Standards Board (“FASB”) Emerging
Issues Task Force (“EITF”) 00-2, “Accounting for Website Development Costs,”
which specifies the appropriate accounting for costs incurred in connection with
the development and maintenance of websites. Under the EITF 00-2, costs related
to certain website development activities are expensed as incurred (such as
planning and operating stage activities). Costs relating to certain website
application and infrastructure development are generally capitalized, and are
amortized over their estimated useful life.




Revenue
Recognition:




During
the year ended December 31, 2007, the Company has received no revenue from its
website through the sale of advertising and sponsorship revenue. Advertising and
sponsorship revenue is recognized ratably over the period in which it is
delivered and earned.




Short-term
investments:




The
Company accounts for short-term marketable securities in accordance with the
Financial Accounting Standards Board (“FASB”), Statement of Financial Accounting
Standard (“SFAS”) No. 115, “Accounting for Certain Investments in Debt and
Equity Securities”. At December 31, 2007, marketable securities are classified
as trading securities as the Company expects to use these funds for operating
purposes within the next year. Trading securities are reported at fair value and
unrealized gains and losses are included in earnings.




Stock-based
Compensation:




The
Company accounts for stock options and similar equity instruments in accordance
with SFAS No. 123(R), “Share-Based Payment”. SFAS 123(R) requires the
recognition of the cost of employee services received in exchange for an award
of equity instruments in the financial statements and is measured based on the
grant date fair value of the award. SFAS 123(R) also requires the stock option
compensation expense to be recognized over the period during which an employee
is required to provide service in exchange for the award (usually the vesting
period).




17




ITEM 8.FINANCIAL STATEMENTS AND
      SUPPLEMENTARY DATA














(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
  
   18
  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,
2007 and 2006 and the related statements of loss,  stockholders'
equity  and cash flows for the years then  ended and the period 
from (inception)  to  December  31, 
2007. 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, 2007 and 2006 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, 2007 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, 2007
            
            
            December
      31,
              2006Current
      AssetsCash
            
            
            20,976
            
            
            
            0Total
      Current Assets
            
            
            20,976
            
            
            
            0Other
      Assets
            
            
            0
            
            
            
            0Total
      Assets
            
            $
            20,976
            
            
            
            0Liabilities
      & Stockholders’DeficitCurrent
      LiabilitiesAccounts
      Payable
            
            
            -
            
            
            
            -Total
      Current Liabilities
            
            
            -
            
            
            
            -Stockholders’
      Deficit
              Authorized
      shares 100,000,000
              $0.001
      par value; 27,300 and 62,874,853
              outstanding
      at 12-31-06 and at 12-31-07, respectively
            
            
            62,875
            
            
            
            27Additional
      paid-in Capital
            
            
            95,063
            
            
            
            27,273Deficit
      accumulated during development stage
            
            
            (136,962
            )
            
            
            (27,300
            )Total
      Stockholders’ Equity
            
            
            20,976
            
            
            
            0Total
      Liabilities & Stockholders’ Equity
            
            $
            20,976
            
            
            $
            0





The
accompanying notes are an integral part of three financial
statements




F-2


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




(A
Development Stage Company)




Statements
of Loss




For
      the Years Ended December 31,
            
            
            From
      Inception  (February 19, 1997) Through December 31,2007
            
            
            2006
            
            
            2007REVENUES
            
            $
            0
            
            
            $
            0
            
            
            $
            0EXPENSESAdministrative
      Expense
            
            
            75,709
            
            
            
            0
            
            
            
            75,709Impairment
      Loss
            
            
            33,953
            
            
            
            27,300
            
            
            
            61,253Total
      Expenses
            
            
            109,662
            
            
            
            27,300
            
            
            
            136,962NET
      LOSS
            
            $
            (109,662
            )
            
            $
            27,300
            
            
            $
            136,962(LOSS)
      PER SHARE
            
            $
            (0.01
            )
            
            $
            (1.00
            )WEIGHTED
      AVERAGE SHARES OUTSTANDING
            
            
            20,623,533
            
            
            
            27,300






The
accompanying notes are an integral part of three 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, 2007 and 2006




And from
Inception (February 19, 1997) through December 31, 2007






Preferred
      Stock
            
            
            Common
      Stock
            
            
            Amount
            
            
            Additional
      Paid-in Capital
            
            
            Retained
      Earnings
            
            
            TotalBalance
      at 12-31-04
            
            
            
            
            
            0
            
            
            
            0
            
            
            
            0
            
            
            
            0
            
            
            
            0Common
      Stock Issued
            
            
            
            
            
            27,300,
            
            
            
            27
            
            
            
            27,273
            
            
            
            0
            
            
            
            27,300Net
      income
            
            
            
            
            
            -
            
            
            
            -
            
            
            
            0
            
            
            
            0
            
            
            
            0Balance
      at December 31, 2005
            
            
            
            
            
            27,300
            
            
            
            27
            
            
            
            27,273
            
            
            
            0
            
            
            
            27,300Net
      income
            
            
            
            
            
            -
            
            
            
            -
            
            
            
            0
            
            
            
            (27,300
            )
            
            
            27,300Balance
      at December 31, 2006
            
            
            
            
            
            27,300
            
            
            
            27
            
            
            
            27,273
            
            
            
            (27,300
            )
            
            
            0Additional
      original shareholders
            
            
            
            
            
            33,953
            
            
            
            34
            
            
            
            33,919
            
            
            
            0
            
            
            
            33,953Issuance
      of common shares
            
            
            
            
            
            12,813,600
            
            
            
            12,814
            
            
            
            66,371
            
            
            
            -
            
            
            
            79,185Issuance
      of preferred shares
            
            
            1,000,000
            
            
            
            -
            
            
            
            10,000
            
            
            
            7,500
            
            
            
            0
            
            
            
            17,500Conversion
      of preferred shares
            
            
            (1,000,000
            )
            
            
            50,000,000
            
            
            
            40,000
            
            
            
            (40,000
            )
            
            
            -
            
            
            
            -Net
      Loss
            
            
            
            
            
            
            -
            
            
            
            -
            
            
            
            -
            
            
            
            (109,662
            )
            
            
            (109,662
            )Balance
      December 31, 2007
            
            
            
            
            
            
            62,874,853
            
            
            
            62,875
            
            
            
            95,063
            
            
            
            (136,962
            )
            
            
            20,976






The
accompanying notes are an integral part of three 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 31,2007
            
            
            2006
            
            
            2007CASH FLOWS FROM FINANCING
      ACTIVITIESNet
      Income (Loss)
            
            $
            (109,662
            )
            
            
            (27,300
            )
            
            
            (136,962
            )Adjustments
      to reconcile net loss
              to
      cash used in operating activities:Non
      cash expense – impairment losses
            
            
            33,953
            
            
            
            27,300
            
            
            
            61,253Increase
      in accounts payable
            
            
            -
            
            
            
            -
            
            
            
            -Net
      Cash Used By Operating Activities
            
            
            (75,709
            )
            
            
            0
            
            
            
            (75,709
            )CASH FLOWS FROM FINANCING
      ACTIVITIESProceeds
      from issuance of common stock
            
            
            96,685
            
            
            
            0
            
            
            
            96,685Net
      cash provided from financing activities
            
            
            96,685
            
            
            
            0
            
            
            
            96,685Net
      increase (Decrease) in cash
            
            
            20,976
            
            
            
            0
            
            
            
            20,976Cash
      at beginning of year
            
            
            0
            
            
            
            0
            
            
            
            0Cash
      at end of year
            
            $
            20,976
            
            
            $
            0
            
            
            $
            20,976Supplemental
      disclosure of interest and income taxes
    paidInterest
      paidIncome
      taxes paidSupplemental
      cash flow informationStock
      issued for accounts  payable
            
            $
            50,000
            
            
            $
            0
            
            
            $
            50,000







The
accompanying notes are an integral part of three financial
statements




F-5
 
 Extensions,
Inc. (formerly Millennium National Events, Inc.)
  (A
Development Stage Company)
  Notes to
the Financial Statements
  December
31, 2007


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 developing its on going
business plan as a cancer support website.




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 and commenced an investigation of the assets, liabilities, business,
management, 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, judgments, warrants, options, or other claims
against the Company arise, these will be recorded when discovered.




On August
8, 2007, the company filed amended and restated Articles of Incorporation with
the Nevada Secretary of State, reversing its shares on a 1:100 basis and
changing its name from Millennium National Events, Inc. to Extensions,
Inc.




Nature of
Business




The
Company has no products or services as of December 31, 2007.  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.




F-6
 Extensions,
Inc. (formerly Millennium National Events, Inc.)
  (A
Development Stage Company)
  Notes to
the Financial Statements
  December
31, 2007




NOTE 2–SUMMARY OF ACCOUNTING
POLICIES




This
summary of accounting policies for Extensions, Inc. (formerly 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
effect 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.  The earnings per share data has been
calculated to reflect the 1:100 split on August 24, 2007 retroactively to the
earliest date reported upon.  There were no common equivalent shares
outstanding at December 31, 2007 or 2006.




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 3–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 4–EARNINGS PER
SHARE




The
Company has reported its earnings per share in accordance with SFAS No. 128,
“Earnings Per Share.” Basic  net income per common share is based on the
weighted average number of shares outstanding during the period.  Diluted
net income per common share is based on the weighted average number of shares
outstanding during the period, including common stock equivalents.




Stock
options and warrants account for the entire difference between basic average
common shares outstanding and diluted average common shares outstanding. 
For purposes of computing diluted net income per common share, weighted average
common share equivalents do not include stock options and warrants with an
exercise price that exceeds the average fair market value of the company’s
common stock for the period.






F-7
 Extensions,
Inc. (formerly Millennium National Events, Inc.)  (A
Development Stage Company)
  Notes to
the Financial Statements
  December
31, 2007




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 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.  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.




NOTE 7–COMMON
STOCK




The
Company’s authorized Common Equity Consists of 1,000,000 shares of common
stock $.001 par value and 10,000,000 shares of preferred stock, $0.001 par
value.  During the year, the company issued 1,000,000 Class A preferred
shares to an investor for $17,500.  These shares were convertible into
common shares at the rate of 50 common shares for each share of preferred stock
on August 24, 2007, following  the  reverse split.  The shares
were converted into 50,000,000 shares of common stock.  On August 27, 2007,
the Company issued 7,000,000 shares of its common shares in exchange for a third
party assuming $50,000 of the company’s obligations.  On December 04, 2007,
the Company issued
2,113,600 shares of its common stock to its chief executive officer in exchange for
$10,685 in cash, and on December 27, 2007, the Company issued 3,700,000 shares
of its common stock for $18,500 in cash.




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
onInternal
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.




19




ITEM
      9A.CONTROLS
      AND PROCEDURES-
      continued
  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.




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 financial
reporting.






ITEM 9B.OTHER
    INFORMATION





None














20






PART
III




ITEM 10.DIRECTORS, EXECUTIVE OFFICERS
      AND CORPORATE GOVERNANCE





The
persons below served as directors and executive officers of the Company as
of  20, 2008. Executive officers of the Company are elected by the
Board of Directors, and serve for a term of one year and until their successors
have been elected and qualified or until their earlier resignation or removal by
the Board of Directors. There are no family relationships among any of the
directors and executive officers of the Company.




Name
            
            Age
            
            PositionCrawford
      Shaw
            
            73
            
            CEO/DirectorBB
      Tuley
            
            72
            
            CFO/DirectorCraig
      Reed
            
            55
            
            Director




CrawfordShaw, 70, 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.





B. B. Tuley, 72,
graduated with a BBA from Southern Methodist University.  He later
conducted graduate studies at the University of Dallas and Georgia State
University.  From there he began an audit and tax accounting career with
Ernst & Young (Arther Young & Company) in Dallas, Texas from 1962 to
1968.  He then continued his professional career through 1974 with East
Texas Motor Freight Lines, Inc. as assistant to the Chairman of the Board
followed by a promotion to CFO.  From there he became CFO of Refrigerated
Transport, Inc., an AMEX company based in Atlanta, GA, where he was instrumental
in obtaining a $20 million private placement for the company.  In 1978, he
rejoined Ernst & Young (Arthur Young & Company) as a tax partner and
established and served as partner-in-charge of the Emerging Business Group in
Dallas.  He then joined Michaels Stores, Inc., an AMEX company, in 1984 as
CFO and assistant to the chairman and vice-chairman of the Board.  In 1986
he was promoted to President and CEO.  For the next 4 years, Michaels grew
from 40 stores and $100 million in annual revenue to 120 stores and almost $400
million in annual revenue.  In 1990, he left Michaels to perform turnaround
and interim management services.  From 1990 to today his turnarounds
include Silk Greenhouse, Inc., Pic ‘N Pay Stores,
Inc, Hedstrom Corporation, Muzak LLC, and NexPak Corp.  He currently
operates his own turnaround consulting company, The Equity Enhancement Group in
Dallas, Texas.





Craig C. Reed, 55,
graduated in 1976 with a Bachelor of Science from the University of
Massachusetts followed in 1982 with by a Masters of Business Administration from
the Arthur D. Little Management Education Institute in Cambridge, MA.  From
1977 to 1981 he served the US Navy, achieving the rank of Lieutenant.  He
continued his Naval service through the Navy Reserve until 1994, when he
retired.  His banking career began in 1982 as Controller of the First
National Bank of Boston’s Luxembourg Branch.  From here he moved to
Associate Director of Fearnley Finance AG in 1986 where he conducted project
finance and advisory services.  Later, in 1988, he was General Director of
Pentagoet, SA in Paris, where he continued his project finance and financial
engineering services.  In 1992, he moved to Saint Petersburg, Russia where
he created the first western (Swiss/US/Russian) bank in the city.  He
served as Director until 1994.  In 1995, he joined Loze Associes as their
Director of International Operations where he structured and managed offshore
funds totaling $100 million.  From here, he became a Senior Consultant for
Philips Consumer Communications in Le Mans, France.  From 1997 to 2002, Mr.
Reed worked for Phillips Petroleum Company in Perth, Australia and Barlesville,
Oklahoma.  In 2002, he moved to Houston, Texas as Senior Logistics
Consultant, and later Contracts Manager, for ConocoPhillips
Petroleum.




Section 16(a)
Beneficial Ownership Reporting Compliance




Section
16(a) of the Exchange Act, as amended, requires the Company’s officers and
directors and persons who own more than 10% of the Company’s outstanding Common
Stock to file reports of ownership with the Securities and Exchange Commission
(“SEC”). Directors, officers, and greater than 10% stockholders are required by
SEC regulations to furnish the Company with copies of all Section 16(a) forms
they file.




Based
solely on a review of Forms 3, 4, and 5 and amendments thereto furnished to the
Company during and for the Company’s year ended December 31, 2007, there were no
directors, officers or more than 10% stockholders of the Company who failed to
timely file a Form 3, 4 or 5 except as follows:  Extension Media, LLC.
failed to file a form 4 and our Chief Executive Officer, Crawford Shaw, failed
to timely file a Form 4 reporting a transaction involving the acquisition of
2,138,000 common shares.






21




ITEM
      10.DIRECTORS,
      EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE-
      continued


Code of
Ethics




On June
10, 2008, the Board of Directors adopted a code of ethics that applies to all of
our officers and employees, including our principal executive officer, principal
financial officer, principal accounting officer and controller. Our Code of
Ethics establishes standards and guidelines to assist the directors, officers,
and employees in complying with both the Company’s corporate policies and with
the law and will be posted at our website www.Ext.com. Persons desiring a copy
of our Code of Ethics will be provided one at no cost upon submitting a written
request to the Company.




Corporate
Governance




On June
10, 2008, the Board of Directors adopted a Corporate Governance Charter that
applies to all of our officers and employees, including our principal executive
officer, principal financial officer, principal accounting officer and
controller. Our Corproate Governance Charter establishes standards and
guidelines to assist the directors, officers, and employees in complying with
both the Company’s corporate policies and with the law and will be posted at our
website www.Ext.com. Persons desiring a copy of our Code of Ethics will be
provided one at no cost upon submitting a written request to the
Company.




Audit
Committee




On June
10, 2008, the Board of Directors adopted a Audit Committee Charter established
in accordance with Section 3(a)(58)(A) of the Exchange Act. Mr. BB Tuley serves
on the Company’s Audit Committee chairman; the company will be seeking
independent directors to serve on this committee.  Tuley
has  been designated as the chairman and financial expert on the Audit
Committee. The Company defines “independent” as that term is defined in Rule
4200(a)(15) of the Nasdaq listing standards.


The audit
committee was formed on June 10, 2008. The Board of Directors has adopted a
written charter for the audit committee law and will be posted at our website
www.Ext.com. Persons desiring a copy of our Code of Ethics will be provided one
at no cost upon submitting a written request to the Company.




Compensation
Committee




On June
10, 2008, the Board of Directors adopted a compensation
committee  that applies to all of our officers and employees,
including our principal executive officer, principal financial officer,
principal accounting officer and controller. Our Compensation
committee  establishes standards and guidelines to assist the
directors, in establishing compensation due to  the officers of our
corporation.  The directors of the compensation committee.






ITEM 11.EXECUTIVE
      COMPENSATION





Compensation
and other Benefits of Executive Officers




The
following table sets out the compensation received for each fiscal year since
our inception, in respect to each of the individuals who served as the Company’s
chief executive officer and chief financial officer at any time during the last
fiscal year and the Company’s most highly compensated executive officers whose
total salary and bonus exceeded $100,000 (the “Named Executive
Officers”).






SUMMARY
COMPENSATION TABLE




Name
      and Principal Position
            
            Fiscal
      Year
            
            Salary
      ($)
            
            Bonus
      ($)
            
            Option
      Awards ($)
            
            All
      Other Compensation ($)
            
            Total
      ($)


None





Compensation
Discussion and Analysis




The
following Compensation Discussion and Analysis describes the material elements
of compensation for the executive officers identified in the Summary
Compensation Table contained above.




The
Compensation Committee of our Board of Directors (the "Committee") reviews and
approves the total direct compensation packages for each of our executive
officers. Notably the salary and other benefits payable to our named executive
officers are set forth in employment agreements which are discussed below. Stock
option grants, as applicable to certain of the named executive officers, are
approved by the full board of directors.






22




ITEM
      11.EXECUTIVE
      COMPENSATION-
      continued
 Cash Compensation
Payable To Our Named Executive Officers.




None




Employment
Agreements with our Named Executive Officers.




We have
entered into employment agreements with any of our Named Executive Officers.
Each of our executive officers is paid a salary for their services and certain
of our executive officers have been granted stock options in consideration for
their services. When the Compensation Committee considers salaries for our
executives, it does so by evaluating their responsibilities, experience, the
competitive marketplace, and our financial resources and projections. Pursuant
to its Charter, our Compensation Committee reviews and approves the terms of the
compensation granted to our executive officers.




Crawford
Shaw:   On
August 1, 2007, we entered into an employment agreement with our Chief Executive
Officer and Chairman of the Board, Crawford Shaw. The agreement is for an
initial three year term and may be automatically extended for additional one
year terms. Pursuant to the agreement Mr. Shaw will receives an annual salary of
$75,000 to commence once the company launches a fully operational version of thewww.ext.comwebsite.






OUTSTANDING EQUITY AWARDS AT FISCAL
YEAR-END 2007




Option
      AwardsNumber
      of Securities Underlying
              Unexercised
      Options(1) (#)
            
            Option
              Exercise
            
            Option
              ExpirationName
            
            Exercisable
            
            Unexercisable
            
            Price
      ($)
            
            Date


None




Option
Exercises and Stock Vested




None of
our executive officers exercised any stock options, SARs or similar instruments
during the fiscal year ended December 31, 2007, or subsequently. None of our
current executive officers serving were granted restricted common stock that was
subject to a vesting schedule during our fiscal year ended December 31, 2007, or
subsequently.




Pension
Benefits




Extensions,
Inc.  has no defined benefit plans, supplemental executive retirement
plans or actuarial plans.




Nonqualified
Defined Contribution and Other Deferred Compensation Plans




Extensions,
Inc.  does not have any nonqualified defined contribution or deferred
compensation plans.




Director
Compensation




In
December 2007 the Board adopted resolutions whereby each board member receives
$100 for participating in Board meetings and is reimbursed for travel and
related expenses if the meeting is attended in person.




The
following table reflects the compensation of our directors for our fiscal year
ended December 31, 2007:




DIRECTOR
COMPENSATION




Name
            
            Earned
      or Paid in Cash
            
            
            Option
      Awards
            
            
            TotalCrawford
      Shaw
            
            $
            400
            
            
            $
            0
            
            
            $
            400BB
      Tuley
            
            $
            400
            
            
            $
            0
            
            
            $
            400Craig
      Reed
            
            $
            400
            
            
            $
            0
            
            
            $
            400





23





ITEM 12.SECURITY OWNERSHIP OF
      BENEFICIAL OWNERS AND MANAGEMENT





Security
Ownership of Certain Beneficial Owners




The number of shares outstanding of the Company’s Common Stock at December 31,
2007 was 62,874,853. The following table sets forth the beneficial ownership of
the Company’s Common Stock as of December 31, 2007 by each Director and each
Executive Officer of the Company, by all Directors and Executive Officers as a
group, and sets forth the number of shares of Common Stock owned by each person
who owned of record, or was known to own beneficially, more than 5% of the
outstanding shares of Common Stock.




SECURITY
OWNERSHIP OF BENEFICIAL OWNERS AND MANAGEMENT




Name
      and Address of Beneficial Owner
            Amount
      and
              Nature
      of
              Beneficial
              Ownership
            Percentage
      of
              Common
      StockExtension
      Media, Llc
              1301
      Travis Street
              Suite
      1200
              Houston,
      TX 77056
            53,700,000
            85.4%Elaine
      Selan
              909
      Marina Parkway
              #
      160
              Alameda,  CA 94501
            7,000,000
            11.1%Crawford
      Shaw (1)
              770
      South Post Oak Lane
              Suite
      330
              Houston,
      TX 77056
            2,133,600
            3.4%All
      Officers & Directors as a Group (1) person
            2,133,600
            3.4%




The
number of shares beneficially owned is determined in accordance with Rule 13d-3
of the Securities Exchange Act of 1934, and the information is not necessarily
indicative of beneficial ownership for any other purpose. Under such rule,
beneficial ownership includes any shares as to which the selling stockholders
has sole or shared voting power or investment power and also any shares, which
the selling stockholders has the right to acquire within 60 days. The actual
number of shares of common stock outstanding may increase prior to the
effectiveness of this registration statement due to penalty shares which may be
issued.




Securities
Authorized for Issuance Under Equity Plans




SECURITIES
AUTHORIZED FOR ISSUANCE UNDER EQUITY PLANS




Plan
      Category
            
            Number
      of securities to be issued upon exercise of outstanding options, warrants
      and rights
            
            
            Weighted
      average exercise price of outstanding options, warrants, and
      rights
            
            
            Number
      of securities remaining available for future issuanceEquity
      compensation plansapproved
      by security holders (1)
            
            
            0
            
            
            
            0
            
            
            
            0Equity
      compensation plans notapproved
      by security holders(2)
            
            
            0
            
            
            
            0
            
            
            
            0Total
            
            
            0
            
            
            
            0
            
            
            
            0





Changes in
Control




None.




24




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





There
have not been any transactions, or proposed transactions, during the last two
years, to which the Company was or is to be a party, in which any Company
director or executive officer, any nominee for election as a director, any
security holder owning beneficially more than five percent of the common stock
of the Registrant, or any member of the immediate family of the aforementioned
persons had or is to have a direct or indirect material interest, except as
follows:





None




Director
Independence




Our Board
of Directors currently consists of Crawford Shaw . The Company defines
“independent” as that term is defined in Rule 4200(a) (15) of the Nasdaq listing
standards. CraigReed as independent and none has any material relationship with
the Company that might interfere with his exercise of independent
judgment..






ITEM 14.PRINCIPAL ACCOUNTANT FEES AND
      SERVICES




(a)
            Audit
    Fees.




Our
principal accountant, Gruber & Company LLC, billed us aggregate fees in the
amount of approximately $5,000  for the fiscal year ended December 31,
2007 and approximately $500 for the fiscal year ended December 31, 2006. These
amounts were billed for professional services that  provided for the
audit of our annual financial statements, registration statement consents,
review of the financial statements included in our reports on 10-Q and other
services typically provided by an accountant in connection with statutory and
regulatory filings or engagements for those fiscal years.




(b)
            Audit-Related
      Fees.




Gruber
& Company LLC  billed us aggregate fees in the amount of $0 for
the fiscal years ended December 31, 2007 and 2006 for assurance and related
services that were reasonably related to the performance of the audit or review
of our financial statements.




(c)
            Tax
  Fees




Gruber
& Company LLC  fees related to tax return preparation were $0 and
$0 for the fiscal years ended December 31, 2007 and 2006,
respectively.




(d)
            All Other
      Fees




Gruber
& Company LLC,  billed us aggregate fees in the amount of $0 for
the fiscal years ended December 31, 2007 and 2006 for other fees.




(e)
            Audit Committee’s Pre-Approval
      Practice





Section
10A(i) of the Securities Exchange Act of 1934 prohibits our auditors from
performing audit services for us as well as any services not considered to be
“audit services”unless such services are pre-approved by the Audit Committee of
the Board of Directors, or unless the services meet certain de minimis standards. The
Audit Committee’s charter provides that the Audit Committee must:




Preapprove
      all audit services that the auditor may provide to us or any subsidiary
      (including, without limitation, providing comfort letters in connection
      with securities underwritings or statutory audits) as required by
      §10A(i)(1)(A) of the Securities Exchange Act of 1934 (as amended by the
      Sarbanes-Oxley Act of 2002).





Preapprove
      all non-audit services (other than certain de minimis services
      described in §10A(i)(1)(B) of the Securities Exchange Act of 1934 (as
      amended by the Sarbanes-Oxley Act of 2002)) that the auditors propose to
      provide to us or any of its
subsidiaries.




The Audit
Committee considers at its meetings, when appropriate, whether to approve any
audit services or non-audit services. In some cases, management may present the
request; in other cases, the auditors may present the request.






25


PART IV






Exhibits




EXHIBIT
              NO
            DESCRIPTION




3.1
            Articles
      of Incorporation filed June 14, 1999.
(1)





3.2
            Articles
      of Amendment to the Articles of Incorporation filed February 17,
      2007.




4.1
            Specimen
      Certificate of Common Stock.




31.1
            Certification
      of Principal Executive Officer Pursuant to Exchange Act Rules 13a-14 and
      15d-14, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of
      2002, filed herewith.





31.2
            Certification
      of Principal Financial Officer Pursuant to Exchange Act Rules 13a-14 and
      15d-14, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of
      2002, filed herewith.





32.1
            Certification
      of Principal Executive Officer Pursuant to 18 U.S.C. Section 1350, as
      adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, filed
      herewith.





32.2
            Certification
      of Principal Financial Officer Pursuant to 18 U.S.C. Section 1350, as
      adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, filed
      herewith.








(1)
            Incorporated
      by reference from Form 10SB12G filed June 24,
  1999








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.




EXTENSIONS,
      INCDate:
      July 18, 2008
              By:
              /s/  
      Crawford ShawCrawford Shaw,Principal
      Executive Officer




Date:
      July 18, 2008
              By:
              /s/  
      BB TuleyBB Tuley,Chief Financial Officer, Principal Accounting Officer




Pursuant
to the requirement 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 18, 2008
                By:
                /s/  
      Crawford ShawCrawford Shaw, Principal Executive Officer and Director
  Date:
      July 18, 2008
                By:
                /s/  
      BB TuleyBB Tuley, Principal Financial Officer and Director


26