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UNITED STATESSECURITIES
AND EXCHANGE COMMISSIONWashington, D.C. 20549

FORM 10-KSB

(Mark One)

[X] Annual report under Section 13 or 15(d) of the Securities
Exchange Act of 1934 for the fiscal year ended December 31, 2006.

[ ] Transition report under Section 13 or 15(d) of the
Securities Exchange Act of 1934 (No fee required) for the transition period
from__ to __.

Commission file number: 000-27407

INTREPID GLOBAL IMAGING 3D,
INC.(Formerly Mangapets, Inc.)(Name of Small
Business Issuer in Its Charter)

|Delaware                                         | 98-0187705                          
|------------------------------------------------ | ------------------------------------
|(State or Other Jurisdiction of Incorporation or | (I.R.S. Employer Identification No.)
|Organization)                                    |                                     

555 S. Old Woodward, Suite 1109 Birmingham, MI
48009(Address of Principal Executive Offices)

(248) 417-3202(Issuer's Telephone Number,
Including Area Code)

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

Title of Each ClassCommon Stock ($0.001 Par
Value)

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

Yes X No

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

Check if there is no disclosure of delinquent filers in response
to Item 405 of Regulation S-B not contained in this form, and if no disclosure
will be contained, to the best of registrant's knowledge, in definitive proxy or
information statements incorporated by reference in Part III of this Form 10-KSB
or any amendment to this Form 10-KSB [ ].

The registrant's total consolidated revenues for the year ended
December 31, 2006 were $0.

The aggregate market value of the registrant's common stock,
$0.001 par value (the only class of voting stock), held by non-affiliates was
approximately $ 117,319,117 based on the average closing bid and asked prices
for the common stock on April 12, 2007.

At April 12, 2007, the number of shares outstanding of the
registrant's common stock, $0.001 par value (the only class of voting stock),
was 27,933,123.

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TABLE OF CONTENTS

PART I

|Item 1.  | Description of Business                                                                    | 3 
|-------- | ------------------------------------------------------------------------------------------ | --
|Item 2.  | Description of Property                                                                    | 9 
|Item 3.  | Legal Proceedings                                                                          | 9 
|Item 4.  | Submission of Matters to a Vote of Security-Holders                                        | 9 
|         |                                                                                            |   
|         |                                                                                            |   
|PART II 
|         |                                                                                            |   
|Item 5.  | Market for Common Equity and Related Stockholder Matters                                   | 9 
|Item 6.  | Management's Plan of Operation                                                             | 11
|Item 7.  | Financial Statements                                                                       | 15
|Item 8.  | Changes in and Disagreements
      with Accountants on Accounting and Financial Disclosure | 27
|Item 8A. | Controls and Procedures                                                                    | 28
|Item 8B. | Other Information                                                                          | 29
|         |                                                                                            |   
|PART III
|         |                                                                                            |   
|Item 9.  | Directors and Executive Officer                                                            | 29
|Item 10. | Executive Compensation                                                                     | 32
|Item 11. | Security Ownership of Certain Beneficial Owners and Management                             | 34
|Item 12. | Certain Relationships and Related Transactions                                             | 34
|Item 13. | Exhibits                                                                                   | 34
|Item 14. | Principal Accountant Fees and Services                                                     | 35
|         |                                                                                            |   
|         | Signatures                                                                                 | 36

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PART I

|ITEM 1. | DESCRIPTION OF BUSINESS
|------- | -----------------------

General

As used herein the terms Company, we, our, and us refer
to Intrepid, Inc. (formerly MangaPets, Inc.), a Delaware corporation and its
subsidiaries and predecessors, unless the context indicates otherwise.

The Company was organized in 1998. Since inception, the Company
has acquired and disposed of several technology and service related businesses.
As more fully described below under the caption Current Operations, the
Companys current business plan is to develop and launch an interactive web
portal and to acquire other ventures in the technology sector.

Historical Development

The Company decided in early 2005 to discontinue its operations
with respect to the sale and deployment of the Triton product line of
non-depository, indoor cash dispensers in connection with a license agreement
acquired from Net Cash in 2003.

The Companys operations have since focused on the development
of the Manga interactive web portal and acquiring other ventures in the
technology sector.

During 2006, in addition to completing the Manga themed web
portal, the Company considered establishing a U.K. based subsidiary company to
pursue acquisitions in the gaming sector. On the advice of counsel, and recent
unfavorable events in the United States pertaining to on-line gaming, the
Company decided not to pursue on-line gaming ventures.

Current Operations

After the signing of a letter of intent on April 14, 2005, the
Company entered into a Portal Development Agreement (Agreement) on July 15,
2005, with Sygenics Interactive Inc., (Sygenics), a developer of advanced
information management technology located in Montreal, Quebec, Canada, and an
authorized licensee of Sygenics Inc. The Agreement provided for the design,
development and deployment of an online virtual pet portal/website with highly
interactive two-dimensional graphical interfaces and a powerful multi-layered
back end engine to enable the building of a worldwide virtual community.

The web portal was to be designed by integrating a combination
of technologies previously developed and owned by Sygenics Inc., as well as
third party software, and new software to be developed specifically for the
Company by Sygenics.

Sygenics was expected to complete the first stage of the portal
by December of 2005 and complete the final stage in August of 2006.

However, in 2006, a dispute arose between the Company and
Sygenics. The work of Sygenics and the development of the Mangapets website are
currently suspended.

On December 4, 2006 the Company signed a Letter of Intent with
Intrepid World Communications to merge one hundred percent (100%) of their
Entertainment and Medical assets (the Assets) as well as documentation of its
product licenses, agreements, office leases, patents, copyrights, trade secrets,

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technology licenses and agreements with vendors and customers,
from a limited liability company organized and incorporated under the laws of
Delaware.

On Jan 29, 2007 Mangapets Inc. entered into a Material
Definitive Agreement with Intrepid World Communications to merge one hundred
percent (100%) of their Entertainment and Medical assets as well as
documentation of its product licenses, agreements, office leases, patents,
copyrights, trade secrets, technology licenses and agreements with vendors and
customers.

The merger with Intrepid World Communications is expected to
close during the second quarter of 2007.

The MangaPets web portal

The portal will contain games, merchandizing, and activities
inspired by the "Manga" theme. The term Manga has come to describe Japanese
comic books and animated cartoons.

Included on the site will be:

- interactive, engaging, and interesting Manga inspired characters, pets,
  species and avatars who the users will be able to identify;
- games and situations where users can accumulate virtual points which they
  can use to trade with other users or exchange for items for their pets,
  species or avatars;
- several different settings or environments which blend and join together
  to create one complete community or world through which users can traverse;
- storylines and narratives, names and profiles for the characters, names
  and descriptions for the different environments;
- a virtual shopping mall where national and international chain stores can
  rent web site space for the purpose of showcasing their goods and providing
  them with an advertising opportunity and where users will be able to use their
  virtual points to purchase virtual goods for their pets, species and avatars,
  as well as exchange them for discount purchase vouchers for "real" items for
  their personal use;
- an integrated back end e-commerce engine that will allow for the
  merchandising and licensing of products associated with the site; and
- Japanese, Chinese, Korean, French, Spanish, German, Italian and Portuguese
  translations of the site content.

Online Communities

Since its widespread adoption in the mid-1990s, the world-wide
web has developed a large number of communities of people who share an interest
in a common set of cultural symbols and activities. Foremost among these are
gaming and role-playing communities. Advances in communications technologies,
and the concomitant rise in bandwidth and decrease in connection costs, have
caused these communities to increase rapidly in both size and activity in the
last five years.

A number of these communities, which are loyal to one or a few
web sites which cater to their interests, have generated substantial business
for the site owners. The sources of revenue vary, but the sites are largely
characterized by offering free access to a number of services (games,
information, chat rooms, email and so on), and charge only for the sale of
community-related merchandise. Click-through advertising revenues are the second
major source of revenue. Advertising sales may, in some cases, be the only or
the main source of revenue.

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The Companys Approach

We will connect advertisers to consumers through a variety of
online marketing properties integrated throughout our services. Our advertising
and e-commerce products will include a broad range of targeting techniques for
online advertising, email campaigns, start-page placements and channel
sponsorship opportunities. We will also provide consumers convenient access to
third party Internet search services throughout many of our Web properties and
services and generate a significant portion of our advertising and commerce
revenues from our users utilizing such search services

The MangaPets web portal is aimed at establishing an
international community of interest focused around a very popular and diverse
form of cultural expression, highly popular in a number of Asian countries, and
with rapidly growing popularity in North America. This community is not, thus
far, well-served in web sites catering to people whose languages and cultural
milieu originate from Europe.

Governmental Regulation

Upon the launch of the Companys interactive web portal, the
Company will become subject to a number of laws that affect companies conducting
business on the Internet. In addition, because of the increasing popularity of
the Internet and the growth of online services, laws relating to user privacy,
freedom of expression, content, advertising, information security and
intellectual property rights are being debated and considered for adoption by
many countries throughout the world. In addition to government regulation, the
Companys operation of the Web Portal may also be exposed to liability for the
activities of the users of the Web Portal. For example, in the US, a number of
actions are pending against the operators of online Internet services for
defamation, libel, invasion of privacy and other data protection claims, tort,
unlawful activity, copyright or trademark infringement, or other theories based
on the nature and content of the materials searched and the ads posted or the
content generated by users of such online Internet services.

In addition, other federal laws could have an adverse impact on
the Companys business. For example, the Digital Millennium Copyright Act has
provisions that limit, but do not eliminate, the Companys liability for listing
or linking to third-party web sites that include materials that infringe
copyrights or other rights, so long as the Company complies with the statutory
requirements of this act. The Childrens Online Protection Act and the
Childrens Online Privacy Protection Act restrict the distribution of materials
considered harmful to children and impose additional restrictions on the ability
of online services to collect 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.

Competition

The Company will have many diverse competitors in its efforts
to launch a web portal, attract users of the web portal, and attract advertisers
to the web portal. Many of these competitors are better established with loyal
followings of users and advertisers. Many of these competitors will have greater
financial and other resources and have prior experience in this business.

Employees

The Company currently has no full time employees. Management of
the Company expects to continue to use consultants, attorneys, and accountants
as necessary, to complement services rendered by our employees.

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RISK FACTORS

Our future operating results are highly uncertain. Before
deciding to invest in us or to maintain or increase your investment, you should
carefully consider the risks described below, in addition to the other
information contained in this annual report. If any of these risks actually
occur, our business, financial condition or results of operations could be
seriously harmed. In that event, the market price for our common stock could
decline and you may lose all or part of your investment.

Risks Related to our Developing Operations

Our business model is unproven.

Our business model depends upon our ability to implement and
successfully execute our business and marketing strategy, which includes the
following: develop, deploy, and enhance the technology and systems which will
underlie the interactive web portal; attract users of the web portal at a
reasonable cost; reliably process transactions through the web portal; locate,
develop and maintain strategic relationships with advertisers who wish to target
the demographic groups which use the Companys web portal.

As our business model is unproven, we cannot be certain that
our business strategy will be successful or that we will ever be profitable.

We might not be able to establish and strengthen a brand
identity.

We believe that establishing a strong brand loyalty is critical
to achieving acceptance of the web portal. Promoting and positioning our brand
will depend largely on the success of our marketing efforts and our ability to
provide consistent, high-quality experiences on the web portal. Our brand
promotion activities might not be successful or, even if successful, result in
enough revenues to offset the expenses incurred.

We might not be able to determine or design features and
functionality that Web Portal users and advertisers require or prefer.

We are designing and developing the web portal based upon
existing web sites and the experience and insights of our management. Our
success will depend in part upon our ability to accurately determine the
features and functionality that the web portal users and advertisers require or
prefer, and our ability to successfully design and implement solutions that
include these features and functionality. We cannot be certain that the features
and functionality that we plan to offer in the web portal will satisfy the
requirements or preferences of our current or potential customers.

We will depend on third parties to provide reliable
software, systems, and services.

We currently have no technology assets or resources to build
the web portal. We plan to rely substantially upon third-party service providers
to help us build, maintain, and house key components of our web portal. These
services might not be available in a timely manner or on commercially reasonable
terms. Failure to obtain the necessary services to enable us to build, maintain,
and house our web portal could have a materially adverse effect on our business,
financial condition, results of operations, and prospects.

In addition, several of the third-parties upon whom we plan to
depend upon have a limited operating history, have relatively immature
technology, and are themselves dependent on reliable delivery of

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services from others. As a result, our ability to deliver
various services to our users might be adversely affected by the failure of
these third parties to provide reliable software, systems, and related services
to us.

The online web services markets are intensely
competitive.

Many different companies are positioned to emerge as
competitors in this marketplace. Many of our potential competitors have longer
operating histories, significantly greater financial, technical, marketing, and
other resources than we have, a significantly greater name recognition, a larger
installed base of potential customers, and more extensive knowledge of our
industry. Such competitors might be able to spend more aggressively on marketing
and advertising for their brands, products, and services. They also might adopt
more aggressive pricing policies and make more attractive offers to
employees.

There are minimal barriers to entry in our market, and
competitors can launch web-enabled products and service at relatively low cost.
Other companies may develop products and services that are less expensive and
more useful to the hard goods industry. These companies might be more successful
in their marketing efforts and thereby limit our ability to gain market
share.

Our ability to protect the intellectual property to be
developed is uncertain.

We believe that intellectual property will be critical to our
success. We will rely on trademark, copyright, and trade secret protection to
protect our intellectual property. The measures we take to protect our
intellectual property might not be successful, which could have a materially
adverse effect on our business. The United States or foreign jurisdictions might
not grant us any copyrights, trademarks, or other protection for our
intellectual property. There also can be no assurance that our intellectual
property rights will not be challenged, invalidated, or circumvented, by others
or that our intellectual property rights will provide us with a competitive
advantage.

If other parties assert infringement claims against us, the
defense of any such claim, whether with or without merit, could be
time-consuming, result in substantial litigation expenses, and diversion of
technical management personnel. If any such claims are adversely determined, we
might be required to develop non-infringing technology or enter into licensing
agreements. These licensing agreements, if required, might not be available on
terms acceptable to us, or at all. In the event a claim of infringement is
successfully asserted against us and our failure or inability to develop
non-infringing technology or license the infringed or similar technology on a
timely basis, would be likely to materially and adversely affect our business,
financial condition, results of operations, and prospects.

General Risks

We have a history of significant operating losses and
such losses may continue in the future.

Since our inception in 1998, our expenses have substantially
exceeded our revenue, resulting in continuing losses and an accumulated deficit
of $3,639,918 at December 31, 2006. During fiscal 2005, we recorded a net loss
of $754,838. We will continue to incur operating losses as we maintain our
search for a suitable business opportunity and satisfy our ongoing disclosure
requirements with the Securities and Exchange Commission ("Commission"). Our
only expectation of future profitability is dependent upon our ability to fully
develop our anticipated web portal, and or the

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completion of the acquisition of Intrepid World Communications
which can in no way be assured. Therefore, we may never be able to achieve
profitability.

We anticipate that we will incur operating losses for the
foreseeable future.

We expect to incur substantial operating losses for the
foreseeable future. We intend to increase our operating expenses substantially
as we increase our product development, marketing, and brand building
activities. We will increase our general and administrative functions to support
our growing operations. We will need to generate significant revenues to achieve
profitability, and we might not be able to sustain or increase profitability in
the future. We will be dependent upon our ability to obtain additional capital
form borrowing and the sale of securities to fund our operations. There is no
assurance that additional capital can be obtained or that it can be obtained on
terms that are favorable to the Company and its existing stockholders.

The market for our stock is limited and our stock price
may be volatile.

The market for our common stock has been limited due to low
trading volume and the small number of brokerage firms acting as market makers.
Because of the limitations of our market and volatility of the market price of
our stock, investors may face difficulties in selling shares at attractive
prices when they want to. The average daily trading volume for our stock has
varied significantly from week to week and from month to month, and the trading
volume often varies widely from day to day.

We may incur significant expenses as a result of being
quoted on the Over the Counter Bulletin Board, which may negatively impact our
financial performance.

We may incur significant legal, accounting and other expenses
as a result of being listed on the Over the Counter Bulletin Board. The
Sarbanes-Oxley Act of 2002, as well as related rules implemented by the
Commission, have required changes in corporate governance practices of public
companies. We expect that compliance with these laws, rules and regulations,
including compliance with Section 404 of the Sarbanes-Oxley Act of 2002 as
discussed in the following risk factor, may substantially increase our expenses,
including our legal and accounting costs, and make some activities more
time-consuming and costly. As a result, there may be a substantial increase in
legal, accounting and certain other expenses in the future, which would
negatively impact our financial performance and could have a material adverse
effect on our results of operations and financial condition.

Our internal controls over financial reporting may not be
considered effective, which could result in a loss of investor confidence in our
financial reports and in turn have an adverse effect on our stock price.

Pursuant to Section 404 of the Sarbanes-Oxley Act of 2002,
beginning with our annual report for the year ending December 31, 2007, we may
be required to furnish a report by our management on our internal controls over
financial reporting. Such report will contain, among other matters, an
assessment of the effectiveness of our internal controls over financial
reporting as of the end of the year, including a statement as to whether or not
our internal controls over financial reporting are effective. This assessment
must include disclosure of any material weaknesses in our internal controls over
financial reporting identified by management. The report will also contain a
statement that our independent registered public accounting firm has issued an
attestation report on management's assessment of internal controls. If we are
unable to assert that our internal controls are effective as of December 31,
2007 or if our independent registered public accounting firm is unable to attest
that our management's report is fairly stated or they are unable to express an
opinion on our management's evaluation or on the effectiveness of our internal
controls, investors could lose

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confidence in the accuracy and completeness of our financial
reports, which in turn could cause our stock price to decline.

|ITEM 2 | DESCRIPTION OF PROPERTY
|------ | -----------------------

The Company currently maintains its office at 555 S. Old
Woodward, Suite 1509 Birmingham, MI 48009.

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

On January 5, 2005 Integrity Securities, LLC (the Claimant)
initiated an arbitration action over the terms of a Financial Consulting
Services Agreement (the Agreement), dated December 6, 2002. The purpose of the
arbitration was to determine whether the 250,000 shares issued to the Claimant
pursuant to the Agreement could be cancelled for failure to provide consulting
services

On February 16, 2006 the International Centre for Dispute
Resolution provided the Company with a copy of the Award of Arbitrator in the
matter with the Claimant, which concluded that (a) the Claimant was owed nothing
on any of its claims against the Company, (b) that we were entitled to cancel
and rescind the issuance of certain shares to the claimant, and (c) that each
side would bear its own attorney fees.

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

No matter was submitted to a vote of the security holders,
through the solicitation of proxies or otherwise, during the fourth quarter
ended December 31, 2006.

PART II

|ITEM 5. | MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER
      **MATTERS AND SMALL BUSINESS ISSUER PURCHASES OF EQUITY**
      **SECURITIES**
|------- | -------------------------------------------------------------------------------------------------------------------------------------

The Company's common stock is quoted on the Over the Counter
Bulletin Board under the symbol, IGLB. Trading in the common stock in the
over-the-counter market has been limited and sporadic and the quotations set
forth below are not necessarily indicative of actual market conditions. Further,
the following prices reflect inter-dealer prices without retail mark-up,
mark-down, or commission, and may not necessarily reflect actual transactions.
The high and low bid prices for the common stock for each quarter of the fiscal
years ended December 31, 2005 and 2006 were as follows:

Quarter ended
    High
    Low3/31/05
    $14.84*
    $6.22*6/30/05
    $4.54*
    $2.94*9/30/05
    $4.02*
    $2.66*12/31/05
    $3.00*
    $2.10*3/31/06
    $0.88*
    $0.83*6/30/06
    $0.80*
    $0.75*


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9/30/06
    $1.12*
    $1.12*12/29/06
    $2.90
    $2.70*


*Adjusted to reflect 3:2 forward stock
splits on March 14, 2005 and September 29, 2005 and a 1:2 reverse stock split
effective on September 21, 2006.

Record Holders

As of April 12, 2007, there were approximately 125 shareholders
of record holding a total of 27,933,123 shares of common stock. The holders of
the common stock are entitled to one vote for each share held of record on all
matters submitted to a vote of stockholders. Holders of the common stock have no
preemptive rights and no right to convert their common stock into any other
securities. There are no redemption or sinking fund provisions applicable to the
common stock.

Dividends

The Company has not declared any cash dividends since inception
and does not anticipate paying any dividends in the foreseeable future. The
payment of dividends is within the discretion of the board of directors and will
depend on the Company's earnings, capital requirements, financial condition, and
other relevant factors. There are no restrictions that currently limit the
Company's ability to pay dividends on its common stock other than those
generally imposed by applicable state law.

Sales of Unregistered Securities

On February 7, 2007, the Company issued 2,000,000 shares of
common stock, par value $0.001, to Rene Hamouth pursuant to the Agreement and
Plan of Merger between MangaPets Inc. and Intrepid World Communications
Corporation dated January 29.The Company relied upon the exemption from
securities registration pursuant to Section 4(2) and Regulation S promulgated by
the Commission pursuant to the Securities Act.

The Company made this offering based on the following factors:
(1) the issuance was an isolated private transaction by the Company which did
not involve a public offering; (2) there was only one offeree who was issued the
Companys stock as a bonus for providing services to the Company; (3) the
offeree stated an intention not to resell the stock; (4) there were no
subsequent or contemporaneous public offerings of the stock; (5) the stock was
not broken down into smaller denominations; and (6) the negotiations that lead
to the issuance of the stock took place directly between the offeree and the
Company.

The Company complied with the requirements of Regulation S by
having no directed offering efforts made in the United States, by offering to
only to an offeree who was outside the United States at the time the agreement
originated, and ensuring that the entity to whom the stock were issued was a
non- U.S. person with an address in a foreign country.

On February 7, 2007, the Company issued 20,000,000 shares of
common stock, par value $0.001, to Jim Fischbach pursuant to the Agreement and
Plan of Merger between MangaPets Inc. and Intrepid World Communications
Corporation dated January 29.The Company relied upon the exemption from
securities registration pursuant to Section 4(2) and Regulation D promulgated by
the Commission pursuant to the Securities Act of 1933.

The Company made this offering based on the following factors:
(1) the issuance was an isolated

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private transaction by the Company which did not involve a
public offering; (2) there was only one offeree who was issued the Companys
stock as a bonus for providing services to the Company; (3) the offeree stated
an intention not to resell the stock; (4) there were no subsequent or
contemporaneous public offerings of the stock; (5) the stock was not broken down
into smaller denominations; and (6) the negotiations that lead to the issuance
of the stock took place directly between the offeree and the Company.

On December 12, 2006, the Company completed the sale of Thirty
Five Thousand (35,000) shares of common stock, par value $.001 to Roger and
Davina S. Lockhart, residents of Arizona USA, at $1.00 yielding gross proceeds
to the Company of $35,000. The Company relied upon the exemption from securities
registration pursuant to Section 4(2) and Regulation D promulgated by the U.S.
Securities and Exchange Commission pursuant to the Securities Act of 1933.

On February 17, 2007, the Company completed the sale of Twenty
Thousand (20,000) shares of common stock, par value $.001 to Jagroop Singh Sidhu
a resident of Washington USA, at $1.50 yielding gross proceeds to the Company of
$30,000. The Company relied upon the exemption from securities registration
pursuant to Section 4(2) and Regulation D promulgated by the U.S. Securities and
Exchange Commission pursuant to the Securities Act of 1933.

|ITEM 6. | MANAGEMENT'S PLAN OF OPERATIONS
|------- | -------------------------------

Management Overview

During the next 12 months, the Company intends to continue its
attempts to develop an interactive web portal and acquire other ventures in the
technology sector.

The Company does not have sufficient capital to operate over
the next fiscal year without a substantial infusion of operating capital. It
will be necessary for the Company to either borrow funds to operate or generate
operating funds through the sale of equity in the Company or its subsidiaries.
There can be no assurance that the Company will be able to generate sufficient
income from either borrowing, the sale of equity, or a combination thereof to
allow it to operate its business during the coming year. Unless the Company is
successful in raising additional operating capital, it will not have sufficient
funds to operate during the balance of the fiscal year.

Results of Operations

The Company recorded no revenues from operations for the fiscal
year ended December 31, 2006 or for the fiscal year ended December 31, 2005.

During the twelve month period ended December 31, 2006, the
Companys operations were limited to developing a web portal, identifying
acquisition ventures in the technology sector and satisfying continuous public
disclosure requirements

We do not expect to receive revenues within the next twelve
months of operation, since we have yet develop our Manga themed web portal. For
the current fiscal year, the Company anticipates incurring a loss as a result of
web portal development, acquisition expenses, administration expenses,
accounting costs, and expenses associated with maintaining its disclosure
obligations under the Exchange Act of 1934, as amended (Exchange Act).

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Net Loss

Net loss for the year ended December 31, 2006 was $3,639,918
compared to a net loss of $754,838 for the year ended December 31, 2005.

The Company expects that it may continue to incur losses until
such time as it develops profitable operations.

Expenses

Expenses for the year ended December 31, 2006 were $3,466,897
compared to $425,584 for the year ended December 31, 2005.

General and administrative expenses for the year ended December
31, 2006, were $3,466,897 compared to $281,178 for the year ended December 31,
2005. The increase in general and administrative expenses was primarily the
result of the increase stock-based compensation.

Website planning costs for the year ended December 31, 2005
were $144,406. This expense is as a result of web site development costs
incurred during the application and infrastructure development stage, including
external direct costs of materials and services consumed in developing the
software, creating graphics and web site content

We had other expenses from an impairment of website development
costs totaling $173,021 for the year ended December 31,2006 and $304,254 for the
year ended December 31, 2005.

The Companys loss on discontinued operations for the year
ended December 31,2005 includes a $25,000 impairment write down on the license
agreement related to our sale of cash dispensers.

Liquidity and Capital Resources

Cash used by operations was $64,766 for the year ended December
31, 2006, and cash used by operations was $103,198 for the year ended December
31, 2005. Cash used by operations in 2006 and 2005 was mainly due to net losses
of the company.

Cash flows provided by financing activities was $61,693 for the
year ended December 31, 2006 and $113,480 for the year ended December 31,
2005.

Cash flows used in investing activities was $2,217 for the year
ended December 31, 2006 compared to cash provided by investing activities of
$9,584 during the year ended December 31, 2005.

In 2003, we adopted an equity compensation plan entitled "The
2003 Benefit Plan of Delta Capital Technologies, Inc." (the "Benefit Plan").
Pursuant to the Plan the Company may issue up to fifty five thousand three
hundred and forty nine (55,349) shares of the Company's common stock (reverse
and forward split adjusted) over a five year period, although the Board may
shorten this period. The Plan is intended to aid the Company in maintaining and
continuing its development of a quality management team, in attracting qualified
employees, consultants, and advisors who can contribute to the future success of
the Company, and in providing such individuals with an incentive to use their
best efforts to promote the growth and profitability of the Company. A total of
101,460 shares were issued in 2005 and 55,349 shares remain available for
issuance.

12

---

Capital Expenditures

The Company made no significant capital expenditures on
property or equipment over the periods covered by this report.

Impact of Inflation

The Company believes that inflation may have a negligible
effect on future operations. The Company believes that it may be able to offset
inflationary increases in the cost of sales by increasing sales and improving
operating efficiencies.

Income Tax Expense (Benefit)

The Company has experienced losses and as a result has net
operating loss carry forwards available to offset future taxable income.

Critical Accounting Policies

In Note 1 to the audited consolidated financial statements for
the years ended December 31, 2006 and 2005, included in this Form 10-KSB, the
Company discusses those accounting policies that are considered to be
significant in determining the results of operations and its financial position.
The Company believes that the accounting principles utilized by it conform to
accounting principles generally accepted in the United States of America.

Preparation of Financial Statements

The preparation of financial statements requires Company
management to make significant estimates and judgments that affect the reported
amounts of assets, liabilities, revenues and expenses. By their nature, these
judgments are subject to an inherent degree of uncertainty. On an on-going
basis, the Company evaluates estimates. The Company bases its estimates on
historical experience and other facts and circumstances that are believed to be
reasonable, and the results form the basis for making judgments about the
carrying value of assets and liabilities. The actual results may differ from
these estimates under different assumptions or conditions.

Revenue Recognition

The Company plans to generate revenue through the sale of
advertising on their web site which remains in development. Revenues will be
recognized only when persuasive evidence for a sales arrangement exists; the fee
is fixed or determinable; and collection of the fee is reasonably assured.
Revenue derived from the sale of advertising will be recognized on the
completion of the sale.

Recent Accounting Pronouncements

In September 2005, the EITF reached consensus on Issue No.
05-08, "Income Tax Consequences of Issuing Convertible Debt with a Beneficial
Conversion Feature." EITF 05-08 is effective for financial statements beginning
in the first interim or annual reporting period beginning after December 15,
2005. The adoption of EITF 05-08 is expected to have no impact on the Company's
financial statements.

In September 2005, the EITF reached consensus on Issue No.
05-07, "Accounting for Modifications

13

---

to Conversion Options Embedded in Debt Instruments and Related
Issues." EITF 05-07 is effective for future modifications of debt instruments
beginning in the first interim or annual reporting period beginning after
December 15, 2005. The adoption of EITF 05-07 is expected to have no impact on
the Company's financial instruments.

In September 2005, the EITF reached consensus on Issue No.
05-02, "The Meaning of 'Conventional Convertible Debt Instrument' in EITF Issue
No. 00-19, 'Accounting for Derivative Financial Instruments Indexed to, and
Potentially Settled in, a Company's Own Stock.'" EITF 05-02 is effective for new
instruments entered into and instruments modified in reporting periods beginning
after June 29, 2005. The adoption of EITF 05-02 is expected to have no impact on
the Company's financial statements.

SFAS No. 154, "Accounting Changes and Error Corrections," a
replacement of APB Opinion No. 20, "Accounting Changes," and SFAS No. 3,
"Reporting Accounting Changes in Interim Financial Statements." SFAS No. 154
changes the requirements for the accounting for and reporting of a change in
accounting principle. Previously, most voluntary changes in accounting
principles required recognition via a cumulative effect adjustment within net
income of the period of the change. SFAS No. 154 requires retrospective
application to prior periods' financial statements, unless it is impracticable
to determine either the period-specific effects or the cumulative effect of the
change. SFAS No. 154 is effective for accounting changes made in fiscal years
beginning after December 15, 2005; however, this statement does not change the
transition provisions of any existing accounting pronouncements. The adoption of
SFAS No. 154 is expected to have no impact on the Company's financial
statements.

The EITF reached consensus on Issue No. 03-1, "The Meaning of
Other-Than-Temporary Impairment and Its Application to Certain Investments,"
which provides guidance on determining when an investment is considered
impaired, whether that impairment is other than temporary, and the measurement
of an impairment loss. The FASB issued FSP EITF 03-1-1, "Effective Date of
Paragraphs 10-20 of EITF Issue No. 03-1," "The Meaning of Other-Than-Temporary
Impairment and Its Application to Certain Investments," which delays the
effective date for the measurement and recognition criteria contained in EITF
03-1 until final application guidance is issued. The adoption of this consensus
or FSP is expected to have no impact on the Company's financial statements.

SFAS No. 153, "Exchanges of Nonmonetary Assets  an amendment
of APB Opinion No. 29," is effective for fiscal years beginning after June 15,
2005. This Statement addresses the measurement of exchange of nonmonetary assets
and eliminates the exception from fair value measurement for nonmonetary
exchanges of similar productive assets in paragraph 21(b) of APB Opinion No. 29,
"Accounting for Nonmonetary Transactions," and replaces it with an exception for
exchanges that do not have commercial substance. The adoption of SFAS No. 153 is
not expected to have a significant impact on the Company's financial statements.

SFAS No. 123(R), "Share-Based Payment," replaces SFAS No. 123,
"Accounting for Stock-Based Compensation," and supersedes APB Opinion No. 25,
"Accounting for Stock Issued to Employees." This statement requires that the
compensation cost relating to share-based payment transactions be recognized at
fair value in the financial statements. The Company is required to apply this
statement in the first interim period that begins after December 15, 2005. The
Company is currently analyzing the requirements of the adoption of SFAS No.
123(R).

SFAS No. 152, "Accounting for Real Estate Time-Sharing
Transactions," is effective for fiscal years beginning after June 15, 2005. This
Statement amends SFAS No. 66, "Accounting for Sales of Real Estate," to
reference the financial accounting and reporting guidance for real estate
time-sharing

14

---

transactions that is provided in AICPA Statement of Position
04-2, "Accounting for Real Estate Time-Sharing Transactions." The adoption of
SFAS No. 152 is expected to have no impact on the Company's financial
statements.

SFAS No. 151, "Inventory Costs," is effective for fiscal years
beginning after June 15, 2005. This statement amends the guidance in Accounting
Principles Board ("APB") Opinion No. 43, Chapter 4, "Inventory Pricing," to
clarify the accounting for abnormal amounts of idle facility expense, freight,
handling costs, and wasted material (spoilage). The adoption of SFAS No. 151 is
expected to have no impact on the Company's financial statements.

Going Concern

The Companys auditors have expressed an opinion as to the
Companys ability to continue as a going concern as a result of a net loss of
$4,394,756 and $754,838 in 2006 and 2005, respectively, ,and a net deficiency in
capital of $778,591 as of December 31, 2006. The Companys ability to continue
as a going concern is subject to the ability of the Company to realize a profit
and /or obtain funding from outside sources. Managements plan to address the
Companys ability to continue as a going concern includes: (1) obtaining funding
from private placement sources; (2) obtaining additional funding from the sale
of the Companys securities; (3) establishing revenues from prospective business
opportunities; (4) obtaining loans and grants from various financial
institutions where possible. Although management believes that it will be able
to obtain the necessary funding to allow the Company to remain a going concern
through the methods discussed above, there can be no assurances that such
methods will prove successful.

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

The Companys financial statements for the fiscal years ended
December 31, 2006 and 2005 are attached hereto as pages F-1 through F-16.

15

---

**REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**

To the Board of Directors and Stockholders ofIntrepid
Global Imaging 3D, Inc.

I have audited the accompanying balance sheet of Intrepid
Global Imaging 3D, Inc. (the Company), a development stage company, as of
December 31, 2006 and the related statements of operations, changes in
stockholders equity (deficiency), and cash flows for the year then ended. These
financial statements are the responsibility of the Companys management. My
responsibility is to express an opinion on these financial statements based on
my audit.

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

In my opinion, the financial statements referred to above
present fairly, in all material respects, the financial position of Intrepid
Global Imaging 3D, Inc., a development stage company, as of December 31, 2006
and the results of its operations and its cash flows for the year then ended in
conformity with accounting principles generally accepted in the United States.

The accompanying financial statements referred to above have
been prepared assuming that the Company will continue as a going concern. As
discussed in Note 2 to the financial statements, the Companys present financial
situation raises substantial doubt about its ability to continue as a going
concern. Managements plans in regard to this matter are also described in Note
2. The financial statements do not include any adjustments that might result
from the outcome of this uncertainty.

/s/ Michael T. Studer CPA P.C.

Freeport, New YorkApril 12, 2007

16

---

|INTREPID GLOBAL IMAGING 3D, INC.
|--------------------------------
|(A Development Stage Company)   
|Balance Sheets                  
|(Expressed in US Dollars)       

|                                                                          |   |              |  
|------------------------------------------------------------------------- | - | ------------ | -
|                                                                          |   | December 31, |  
|                                                                          |   | 2006         |  
|ASSETS                                                                    |  
|Current Assets                                                            |   |              |  
|Cash                                                                      | $ | 1,828        |  
|Prepaid expenses                                                          |   | 3,122        |  
|Total Current Assets                                                      |   | 4,950        |  
|Website Development costs                                                 |   | -            |  
|Total
      Assets                                                        | $ | 4,950        |  
|                                                                          |   |              |  
|                                                                          |   |              |  
|                                                                          |   |              |  
|LIABILITIES AND STOCKHOLDERS' EQUITY
      (DEFICIENCY)                   |  
|Current Liabilities                                                       |   |              |  
|Accounts payable and accrued liabilities                                  | $ | 717,959      |  
|Notes payable                                                             |   | 9,566        |  
|Loans payable                                                             |   | -            |  
|Due to related parties                                                    |   | 56,016       |  
|Deferred
      revenue                                                    |   | -            |  
|Total current liabilities                                                 |   | 783,541      |  
|Stockholders' Equity (Deficiency)                                         |   |              |  
|Common stock, $0.001 par value;                                           |   |              |  
|authorized 100,000,000 shares,                                            |   |              |  
|issued and
      outstanding 5,933,123 and 4,315,623 shares, respectively |   | 5,933        |  
|Common stock issuable: 18,750 shares                                      |   | 19           |  
|Additional paid-in capital                                                |   | 11,753,786   |  
|Accumulated deficit                                                       |   | (8,143,573   | )
|Deficit accumulated during                                                |   |              |  
|the development stage                                                     |   | (4,394,756   | )
|Total stockholders' equity (deficiency)                                   |   | (778,591     | )
|Total
      Liabilities and Stockholders' Equity (Deficiency)             | $ | 4,950        |  

See notes to financial statements.

17

---

|INTREPID GLOBAL IMAGING 3D, INC.
|--------------------------------
|(A Development Stage Company)   
|Statements of Operations        
|(Expressed in US Dollars)       

|                                                             |   |              |   |   |            |   |   |                   |  
|------------------------------------------------------------ | - | ------------ | - | - | ---------- | - | - | ----------------- | -
|                                                             |   |              |   |   |            |   |   | Cumulative during |  
|                                                             |   |              |   |   |            |   |   | the development   |  
|                                                             |   | Year ended   |   |   | Year ended |   |   | stage (January 1, |  
|                                                             |   | December 31, |   |   | December   |   |   | 2005 to December  |  
|                                                             |   | 2006         |   |   | 31, 2005   |   |   | 31, 2006)         |  
|                                                             |   |              |   |   |            |   |   |                   |  
|Revenue                                                      | $ | -            |   | $ | -          |   | $ | -                 |  
|                                                             |   |              |   |   |            |   |   |                   |  
|Cost and expenses                                            |   |              |   |   |            |   |   |                   |  
|Website planning costs                                       |   | -            |   |   | 144,406    |   |   | 144,406           |  
|Impairment of website development
      costs                |   | 173,021      |   |   | 304,254    |   |   | 477,275           |  
|General and administrative expenses                          |   |              |   |   |            |   |   |                   |  
|(including
      stock-based compensation                    |   |              |   |   |            |   |   |                   |  
|of $3,453,474, $107,500 and $3,560,974, respectively)        |   | 3,466,897    |   |   | 281,178    |   |   | 3,748,075         |  
|Total Costs and Expenses                                     |   | 3,639,918    |   |   | 729,838    |   |   | 4,369,756         |  
|Net Loss from continuing operations                          |   | (3,639,918   | ) |   | (729,838   | ) |   | (4,369,756        | )
|Loss from discontinued operations                            |   | -            |   |   | (25,000    | ) |   | (25,000           | )
|Net Loss                                                     | $ | (3,639,918   | ) | $ | (754,838   | ) | $ | (4,394,756        | )
|                                                             |   |              |   |   |            |   |   |                   |  
|Net loss per share-basic and diluted:                        |   |              |   |   |            |   |   |                   |  
|Continuing operations                                        | $ | (0.59        | ) | $ | (0.17      | ) |   |                   |  
|Discountinued operations                                     |   | -            |   |   | (0.01      | ) |   |                   |  
|Total                                                        | $ | (0.59        | ) | $ | (0.18      | ) |   |                   |  
|                                                             |   |              |   |   |            |   |   |                   |  
|Number of common shares used to compute
      loss per share |   |              |   |   |            |   |   |                   |  
|Basic and
      Diluted                                      |   | 6,156,363    |   |   | 4,202,190  |   |   |                   |  

See notes to financial statements.

18

---

|INTREPID GLOBAL IMAGING 3D, INC.
|--------------------------------
|(A Development Stage Company)   
|Statements of Cash Flows        
|(Expressed in US Dollars)       

|                                                           |   |             |   |   |             |   |   |                       |  
|---------------------------------------------------------- | - | ----------- | - | - | ----------- | - | - | --------------------- | -
|                                                           |   |             |   |   |             |   |   | Cumulative during the |  
|                                                           |   | Year ended  |   |   | Year ended  |   |   | development stage     |  
|                                                           |   | December 31 |   |   | December 31 |   |   | (January 1, 2005 to   |  
|                                                           |   | 2006        |   |   | 2005        |   |   | December 31, 2006)    |  
|                                                           |   | $           |   |   | $           |   |   | $                     |  
|Cash Flows From Operating Activities                       |   |             |   |   |             |   |   |                       |  
|Net loss                                                   |   | (3,639,918  | ) |   | (754,838    | ) |   | (4,394,756            | )
|Adjustments to reconcile net loss to net
      cash        |   |             |   |   |             |   |   |                       |  
|used for operating activities:                             |   |             |   |   |             |   |   |                       |  
|Impairment of license agreement                            |   | -           |   |   | 25,000      |   |   | 25,000                |  
|Impairment of
      website development costs              |   | 173,021     |   |   | 304,254     |   |   | 477,275               |  
|Issuance of common stock for services                      |   | 214,225     |   |   | 78,889      |   |   | 293,114               |  
|Issuance of common
      stock for bonuses                 |   | 3,239,249   |   |   | -           |   |   | 3,239,249             |  
|Changes in operating assets and liabilities                |   |             |   |   |             |   |   |                       |  
|Prepaid expenses                                           |   | 1,999       |   |   | (5,121      | ) |   | (3,122                | )
|Accounts payable and accrued expenses                      |   | (20,954     | ) |   | 227,081     |   |   | 206,127               |  
|Due to related parties                                     |   | (10,851     | ) |   | -           |   |   | (10,851               | )
|Deferred revenue                                           |   | (21,537     | ) |   | 21,537      |   |   |                       |  
|Net Cash
      provided by (used for) operating activities |   | (64,766     | ) |   | (103,198    | ) |   | (167,964              | )
|                                                           |   |             |   |   |             |   |   |                       |  
|Cash Flows from Investing Activities                       |   |             |   |   |             |   |   |                       |  
|Website development costs                                  |   | (2,217      | ) |   | (9,584      | ) |   | (11,801               | )
|Net Cash
      provided by (used for) investing activities |   | (2,217      | ) |   | (9,584      | ) |   | (11,801               | )
|                                                           |   |             |   |   |             |   |   |                       |  
|Cash Flows from Financing Activities                       |   |             |   |   |             |   |   |                       |  
|Payments on notes payable                                  |   | (18,920     | ) |   | (33,442     | ) |   | (52,362               | )
|Proceeds from
      notes payable                          |   | -           |   |   | 19,067      |   |   | 19,067                |  
|Payments on loans payable                                  |   | (28,387     | ) |   | -           |   |   | (28,387               | )
|Proceeds from
      advances payable                       |   | -           |   |   | 27,855      |   |   | 27,855                |  
|Proceeds from
      sales of common stock and warrants     |   | 109,000     |   |   | 100,000     |   |   | 209,000               |  
|Net Cash
      Provided by (used for) financing activities |   | 61,693      |   |   | 113,480     |   |   | 175,173               |  
|Net increase (decrease) in cash                            |   | (5,290      | ) |   | 698         |   |   | (4,592                | )
|                                                           |   |             |   |   |             |   |   |                       |  
|Cash, beginning of period                                  |   | 7,118       |   |   | 6,420       |   |   | 6,420                 |  
|                                                           |   |             |   |   |             |   |   |                       |  
|Cash, end of period                                        | $ | 1,828       |   | $ | 7,118       |   | $ | 1,828                 |  
|                                                           |   |             |   |   |             |   |   |                       |  
|Supplemental Disclosures of cash flow                      |   |             |   |   |             |   |   |                       |  
|Interest Paid                                              | $ | -           |   | $ | -           |   | $ | -                     |  
|Income taxes paid                                          | $ | -           |   | $ | -           |   | $ | -                     |  

19

---

|INTREPID GLOBAL IMAGING 3D, INC.               
|-----------------------------------------------
|(A Development Stage Company)                  
|Statements of Stockholders' Equity (Deficiency)
|For the years ended December 31, 2005 and 2006 
|(Expressed in US Dollars)                      

|                                                     |  |              |   |   |                       |   |  |         |   |   |             |   |   |             |   |   |            |   |   |             |   |   |            |  
|---------------------------------------------------- |  | ------------ | - | - | --------------------- | - |  | ------- | - | - | ----------- | - | - | ----------- | - | - | ---------- | - | - | ----------- | - | - | ---------- | -
|                                                     |  |              |   |   |                       |   |  |         |   |   |             |   |   |             |   |   |            |   |   | Deficit     |   |   |            |  
|                                                     |  |              |   |   |                       |   |  |         |   |   |             |   |   |             |   |   |            |   |   | Accumulated |   |   |            |  
|                                                     |  |              |   |   |                       |   |  |         |   |   |             |   |   | Additional  |   |   |            |   |   | During the  |   |   |            |  
|                                                     |  | Common Stock |   |   | Common Stock Issuable |   |  | Paid-in |   |   | Accumulated |   |   | Development |   |   |            |  
|                                                     |  | Shares       |   |   | Amount                |   |  | Shares  |   |   | Amount      |   |   | Capital     |   |   | Deficit    |   |   | Stage       |   |   | Total      |  
|Balances, December 31, 2004                          |  | 4,028,914    |   | $ | 4,029                 |   |  | 88,594  |   | $ | 89          |   | $ | 7,783,096   |   | $ | (8,143,573 | ) | $ | -           |   | $ | (356,359   | )
|Issuance of common stock for                         |  |              |   |   |                       |   |  |         |   |   |             |   |   |             |   |   |            |   |   |             |   |   |            |  
|settlement of accrued expenses and debt              |  |              |   |   |                       |   |  |         |   |   |             |   |   |             |   |   |            |   |   |             |   |   |            |  
|January
      2005                                   |  | 15,750       |   |   | 16                    |   |  | -       |   |   | -           |   |   | 13,984      |   |   | -          |   |   | -           |   |   | 14,000     |  
|August 2005                                          |  | 22,365       |   |   | 22                    |   |  | -       |   |   | -           |   |   | 74,528      |   |   | -          |   |   | -           |   |   | 74,550     |  
|September
      2005                                 |  | 22,500       |   |   | 23                    |   |  | -       |   |   | -           |   |   | 29,977      |   |   | -          |   |   | -           |   |   | 30,000     |  
|November 2005                                        |  | 35,000       |   |   | 35                    |   |  | -       |   |   | -           |   |   | 83,965      |   |   | -          |   |   | -           |   |   | 84,000     |  
|Issuance of common stock and
      warrants for cash |  |              |   |   |                       |   |  |         |   |   |             |   |   |             |   |   |            |   |   |             |   |   |            |  
|May 2005                                             |  | 37,500       |   |   | 38                    |   |  | -       |   |   | -           |   |   | 49,962      |   |   | -          |   |   | -           |   |   | 50,000     |  
|June 2005                                            |  | -            |   |   | -                     |   |  | 18,750  |   |   | 19          |   |   | 24,981      |   |   | -          |   |   | -           |   |   | 25,000     |  
|September 2005                                       |  | 18,750       |   |   | 19                    |   |  | -       |   |   | -           |   |   | 24,981      |   |   | -          |   |   | -           |   |   | 25,000     |  
|Issuance of common stock
      issuable              |  |              |   |   |                       |   |  |         |   |   |             |   |   |             |   |   |            |   |   |             |   |   |            |  
|May 2005                                             |  | 88,594       |   |   | 89                    |   |  | (88,594 | ) |   | (89         | ) |   | -           |   |   | -          |   |   | -           |   |   | -          |  
|Issuance of common stock for
      services          |  |              |   |   |                       |   |  |         |   |   |             |   |   |             |   |   |            |   |   |             |   |   |            |  
|May 2005                                             |  | 7,500        |   |   | 7                     |   |  | -       |   |   | -           |   |   | 19,993      |   |   | -          |   |   | -           |   |   | 20,000     |  
|August 2005                                          |  | 3,750        |   |   | 4                     |   |  | -       |   |   | -           |   |   | 9,996       |   |   | -          |   |   | -           |   |   | 10,000     |  
|October 2005                                         |  | 2,500        |   |   | 2                     |   |  | -       |   |   | -           |   |   | 4,998       |   |   | -          |   |   | -           |   |   | 5,000      |  
|November
      2005                                  |  | 20,000       |   |   | 20                    |   |  | -       |   |   | -           |   |   | 47,480      |   |   | -          |   |   | -           |   |   | 47,500     |  
|December 2005                                        |  | 12,500       |   |   | 12                    |   |  | -       |   |   | -           |   |   | 24,988      |   |   | -          |   |   | -           |   |   | 25,000     |  
|Net loss                                             |  | -            |   |   | -                     |   |  | -       |   |   | -           |   |   | -           |   |   | -          |   |   | (754,838    | ) |   | (754,838   | )
|Balances, December 31, 2005                          |  | 4,315,623    |   |   | 4,316                 |   |  | 18,750  |   |   | 19          |   |   | 8,192,929   |   |   | (8,143,573 | ) |   | (754,838    | ) |   | (701,147   | )
|Issuance of common stock and
      warrants for cash |  |              |   |   |                       |   |  |         |   |   |             |   |   |             |   |   |            |   |   |             |   |   |            |  
|February 2006                                        |  | 50,000       |   |   | 50                    |   |  | -       |   |   | -           |   |   | 49,950      |   |   | -          |   |   | -           |   |   | 50,000     |  
|September
      2006                                 |  | 30,000       |   |   | 30                    |   |  | -       |   |   | -           |   |   | 23,970      |   |   | -          |   |   | -           |   |   | 24,000     |  
|December 2006                                        |  | 35,000       |   |   | 35                    |   |  | -       |   |   | -           |   |   | 34,965      |   |   | -          |   |   | -           |   |   | 35,000     |  
|Issuance of common stock for
      services          |  |              |   |   |                       |   |  |         |   |   |             |   |   |             |   |   |            |   |   |             |   |   |            |  
|May 2006                                             |  | 37,500       |   |   | 37                    |   |  | -       |   |   | -           |   |   | 90,713      |   |   | -          |   |   | -           |   |   | 90,750     |  
|September
      2006                                 |  | 102,500      |   |   | 102                   |   |  | -       |   |   | -           |   |   | 123,373     |   |   | -          |   |   | -           |   |   | 123,475    |  
|Issuance of
      common stock for bonuses           |  |              |   |   |                       |   |  |         |   |   |             |   |   |             |   |   |            |   |   |             |   |   |            |  
|April 2006                                           |  | 112,500      |   |   | 113                   |   |  | -       |   |   | -           |   |   | 206,887     |   |   | -          |   |   | -           |   |   | 207,000    |  
|May 2006                                             |  | 3,125,000    |   |   | 3,125                 |   |  | -       |   |   | -           |   |   | 7,577,500   |   |   | -          |   |   | -           |   |   | 7,580,625  |  
|Cancellation of common stock                         |  | (1,875,000   | ) |   | (1,875                | ) |  | -       |   |   | -           |   |   | (4,546,501  | ) |   | -          |   |   | -           |   |   | (4,548,376 | )
|Net loss                                             |  | -            |   |   | -                     |   |  | -       |   |   | -           |   |   | -           |   |   | -          |   |   | (3,639,918  | ) |   | (3,639,918 | )
|Balances, December 31, 2006                          |  | 5,933,123    |   | $ | 5,933                 |   |  | 18,750  |   | $ | 19          |   | $ | 11,753,786  |   | $ | (8,143,573 | ) | $ | (4,394,756  | ) | $ | (778,591   | )

20

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Note 1.

Organization and Business Operations

Intrepid Global Imaging, Inc. (formerly MangaPets, Inc. and
Newmark Ventures, Inc.) (the Company) (a development stage company) was
incorporated on March 4, 1998. The Company is a holding company that was formed
to acquire both majority and minority interests in various business operations
and assist in their development.

In January 2005, the Company decided to discontinue its
operations with respect to their right to promote, sell and deploy the Triton
product line of non-depository, indoor cash dispensers under the license
agreement obtained in 2003. The decision to discontinue this component was made
by management due to the Company's desire to shift its business focus to other
unrelated opportunities. Accordingly, as of December 31, 2004, the Company's
cash dispenser operations were considered discontinued. Since this was the
Company's only operating component, the Company re-entered the development stage
as of January 1, 2005. There are no assets or liabilities associated with this
business component as of December 31, 2006 and 2005.

On July 15, 2005, the Company entered into a Portal Development
Agreement with Sygenics Interactive Inc. to develop for the Company a functional
interactive web portal. As more fully described in Note 3, the Sygenics work was
suspended in the first quarter of 2006 and to date the Company has not resumed
development of the web portal.

In the second and third quarters of 2006, the Company explored
the potential acquisition of certain online gaming assets. On September 18,
2006, the Company decided not to make the acquisition.

On both March 14, 2005 and September 29, 2005 the Company
effected three (3) for two (2) forward stock splits of its common stock. On
September 21, 2006, the Company effected a one (1) for two (2) reverse stock
split. The financial statements have been retroactively adjusted to reflect
these stock splits.

Note 2.

Summary of Significant Accounting Policies

Basis of Presentation

The financial statements have been prepared on a going
concern basis, which contemplates the realization of assets and liquidation of
liabilities in the normal course of business. At December 31, 2006, the Company
had cash of $ 1,828, negative working capital of $ 778,591, and a stockholders
deficiency of $ 778,591. Further, the Company had a net loss of $ 3,639,918 for
the year ended December 31, 2006. These factors raise substantial doubt about
the Companys ability to continue as a going concern.

The Company has not discontinued its plan to develop an
interactive web portal but is looking for other businesses to acquire as well.
It will need additional working capital to be successful in any future business
activities. Therefore, continuation of the Company as a going concern is
dependent upon engaging in active business operations which produce adequate
cash flow and obtaining additional sources of working capital.

21

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Management is presently engaged in seeking additional working
capital from debt and equity funding and plans to invest in other businesses,
with funds obtained. However, if its efforts are unsuccessful, the Company may
have to cease operations.

Use of Estimates and Assumptions

The preparation of financial statements in conformity with
accounting principles generally accepted in the United States requires
management to make estimates and assumptions that affect the reported amounts of
assets and liabilities and disclosure of contingent assets and liabilities at
the date of the financial statements and the reported amounts of revenues and
expenses during the reporting period. Actual results could differ from those
estimates. In 2006, general and administrative expenses were reduced by $
246,259 for adjustments to certain liability account balances resulting
primarily from changes in estimated amounts due.

Fair Value of Financial Instruments

Financial instruments consist of cash, accounts payable and
accrued liabilities, notes payable, and due to related parties. The fair value
of these financial instruments approximates their carrying amounts due to their
short-term nature and approximation of current market interest rates.

Software and Website Development Costs

The costs of computer software developed or obtained for
internal use, during the preliminary project phase, as defined under AICPA
Statement of Position 98-1 Accounting for the Costs of Computer Software
Developed or Obtained for Internal Use, are expensed as incurred. The costs of
website development, during the planning stage, as defined under Emerging Issues
Task Force (EITF) No. 00-2 Accounting for Web Site Development Costs, are
also expensed as incurred.

Computer software and website development costs incurred during
the application and infrastructure development stage, including external direct
costs of materials and services consumed in developing the software, creating
graphics and website content, payroll, and interest costs, are capitalized and
amortized over the estimated useful life, beginning when the software is ready
for use and after all substantial testing is completed and the website is
operational. Costs incurred when the website and related software are in the
operating stage will be expensed as incurred.

Comprehensive Income

The Company had no items of other comprehensive income in 2006
or 2005.

Stock Based Compensation

Prior to January 1, 2006, the Company accounted for stock-based
awards under the intrinsic value method, which followed the recognition and
measurement principles of APB Opinion No. 25, Accounting for Stock Issued to
Employees, and related Interpretations. The intrinsic value method of
accounting resulted in compensation expense for stock options to the extent that
the exercise prices were set below the fair market price of the Companys stock
at the date of grant.

Effective January 1, 2006, the Company adopted SFAS No. 123(R)
using the modified prospective method, which requires measurement of
compensation cost for all stock-based awards at fair value on the date of grant
and recognition of compensation over the service period for awards expected to

22

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vest. The fair value of stock options is determined using the
Black-Scholes valuation model, which is consistent with the Companys valuation
techniques previously utilized for options in footnote disclosures required
under SFAS No. 123, Accounting for Stock Based Compensation, as amended by
SFAS No. 148, Accounting for Stock Based Compensation Transition and
Disclosure.

Since the Company did not issue stock options to employees
during the years ended December 31, 2006 or 2005, there is no effect on net loss
per share had the Company applied the fair value recognition provisions of SFAS
No. 123(R) to stock-based employee compensation. When the Company issues shares
of common stock to employees and others, the shares of common stock are valued
based on the market price at the date the shares of common stock are approved
for issuance.

Income Taxes

The Company accounts for income taxes in accordance with the
liability method. Under the liability method, deferred assets and liabilities
are recognized based upon anticipated future tax consequences attributable to
differences between financial statement carrying amounts of assets and
liabilities and their respective tax bases. The Company establishes a valuation
allowance to the extent that it is more likely than not that deferred tax assets
will not be utilized against future taxable income.

Basic and Diluted Net Loss Per Share

Basic net loss per share is computed by dividing net income or
loss available to common stockholders by the weighted average number of common
shares outstanding in the period. Diluted earnings per share take into
consideration common shares outstanding (computed under basic earnings per
share) and potentially dilutive common shares. Outstanding warrants were not
included in the computation of diluted earnings per share for all periods
presented because they were anti-dilutive due to the Company's net losses. For
purposes of earnings per share computations, shares associated with common stock
issuable are included as outstanding as of the date of the receipt of cash for
the shares.

Note 3.

Website Development Costs

A summary of capitalized website development costs activity for
the years ended December 31, 2006 and 2005 follows:

|                           |   | 2006     |   |   | 2005     |  
|-------------------------- | - | -------- | - | - | -------- | -
|                           |   |          |   |   |          |  
|Balance, beginning of year | $ | 170,804  |   | $ | -        |  
|Additions                  |   | 2,217    |   |   | 475,058  |  
|Impairment charge          |   | (173,021 | ) |   | (304,254 | )
|Balance, end of year       | $ | -        |   | $ | 170,804  |  

On July 15, 2005, the Company entered into a Portal Development
Agreement (the Agreement) with Sygenics Interactive Inc. (Sygenics). The
Agreement provided for the development by Sygenics of a functional interactive
web portal containing games, merchandizing, and activities inspired by the
Manga cartoon theme over a 12 month phased delivery schedule. The Agreement
also provided for payment of fees to Sygenics totaling approximately $ 1,100,000
in successive monthly payments over the 12 month term tied to the achievement of
certain developmental milestones.

23

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In the first quarter of 2006, a dispute arose between the
Company and Sygenics and the work was suspended. The Company plans to try to
invalidate the contract and to reach a settlement with Sygenics for a lower
amount than the $ 437,428 included in accounts payable and accrued liabilities
at December 31, 2006.

Although the Company may engage another web site developer to
  complete the web portal, it has not done so to date. An impairment expense of
  $ 304,254 was recorded in the fourth quarter of 2005 to reduce the capitalized
  website development costs to $ 170,804 at December 31, 2005. An impairment expense
  of $ 173,021 was recorded in the third quarter of 2006 to reduce the capitalized
  website development costs to $0.

Note 4. Notes Payable

Notes payable consist of:

|                                                                                                                                                |   | December 31, | 
|----------------------------------------------------------------------------------------------------------------------------------------------- | - | ------------ | 
|                                                                                                                                                |   | 2006         | 
|                                                                                                                                                |   |              | 
|Note payable to an individual, due on demand, including interest
      at 6% accrued monthly, secured by all assets and revenues of the Company | $ | 7,891        | 
|                                                                                                                                                |   |              | 
|Note payable to a company, due on demand, including interest
      at 6% accrued monthly, secured by all assets and revenues of the Company     |   | 1,675        | 
|                                                                                                                                                |   |              | 
|Note payable to a company, due on demand, including interest
      at 6% accrued monthly, unsecured                                             |   | -            | 
|                                                                                                                                                |   |              | 
|Total                                                                                                                                           | $ | 9,566        | 

Note 5. Common Stock

Stock Issuances

In February 2006, the Company completed the sale of two
investment units (unit or units), yielding gross proceeds to the Company of
$50,000. Each unit consists of 25,000 shares of common stock and one warrant.
The warrant entitles the holder to purchase 25,000 shares of common stock on or
before February 27, 2007 at an exercise price of $1.50 per share.

In April 2006, a total of 112,500 shares were issued to three
individuals as bonuses for services rendered valued at $ 207,000 total.

In May 2006, a total of 3,125,000 shares were issued to certain
directors and officers of the Company as signing bonuses valued at $ 7,580,625
total. The 3,125,000 shares were issued as follows:

24

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|Rene Hamouth  Chief Executive Officer, Chief
      Financial Officer, and Director | 
|----------------------------------------------------------------------------------- | 
|                                                                                    | 
|Paul Weinstock  Director                                                           | 
|Brian Wood  Director                                                               | 
|Joseph LaCascia  Director                                                          | 
|Total                                                                               | 

In November and December 2006, subsequent to their resignations
as directors, the 1,875,000 shares issued to Messrs, Weinstock, Wood, and La
Cascia and valued at $ 4,548,376 were cancelled.

Also in May 2006, a total of 37,500 shares were issued to two
former consultants in consideration for investor relations services valued at $
90,750 total.

In September 2006, the Company completed the sale of three
units, yielding gross proceeds to the Company of $24,000. Two units consist of
12,500 shares of common stock and one warrant entitling the holder to purchase
12,500 shares of common stock on or before September 21, 2008 at an exercise
price of $1.00 per share. The other unit consists of 5,000 shares of common
stock and one warrant entitling the holder to purchase 5,000 shares of common
stock on or before September 21, 2008 at an exercise price of $1.00 per share.

Also in September 2006, a total of 102,500 shares were issued
to two former consultants in consideration for investor relations services
valued at $ 123,475 total.

In December 2006, the Company completed the sale of 35,000
shares of common stock, yielding gross proceeds to the Company of $35,000.

Warrants

A summary of warrant activity for
the years ended December 31, 2006 and 2005 follows:

| |  |                                         |  | Shares of Common Stock that   |  
| |  | --------------------------------------- |  | ----------------------------- | -
| |  |                                         |  | Warrants are Exercisable Into |  
| |  |                                         |  | 2006                          |  
| |  | Warrants outstanding, beginning of year |  | 195,000                       |  
| |  | Issued                                  |  | 80,000                        |  
| |  | Exercised                               |  | -                             |  
| |  | Expired                                 |  | (97,500                       | )
| |  | Warrants outstanding, end of year       |  | 177,500                       |  

25

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The warrants outstanding at December
31, 2006 consist of:

| |                    | Shares of Common           |          |                
| | ------------------ | -------------------------- | -------- | ---------------
| |                    | Stock that Warrants        | Exercise | Exercise       
| | Expiration Date    | are
      Exercisable Into | Price    | Proceeds       
| | February 27, 2007  | 50,000                     | $ 1.50   | $ 75,000       
| | May 2, 2007        | 37,500                     | 4.00     | 150,000        
| | June 16, 2007      | 18,750                     | 4.00     | 75,000         
| | September 30, 2007 | 41,250                     | 4.00     | 165,000        
| | September 21, 2008 | 30,000                     | 1.00     | 30,000         
| | Total              | 177,500                    |          | $
      495,000

Note 6.

Income Taxes

No provision for income taxes was
recorded in the years ended December 31, 2006 and 2005 since the Company
incurred net losses in these years.

At December 31, 2006, deferred tax
assets consist of:

| | Net operating loss carryforwards | $ | 1,720,000  |  
| | -------------------------------- | - | ---------- | -
| | Less valuation allowance         |   | (1,720,000 | )
| |                                  |   |            |  
| | Net                              | $ | -          |  

Based on managements present
assessment, the Company has not yet determined it to be more likely than not
that a deferred tax asset of up to approximately $ 1,720,000 attributable to the
future utilization of the approximately $ 5,058,000 net operating loss
carryforwards as of December 31, 2006 will be realized. Accordingly, the Company
has provided a 100% allowance against the deferred tax asset in the financial
statements at December 31, 2006. The Company will continue to review this
valuation allowance and make adjustments as appropriate. The net operating loss
carryforwards expire in varying amounts from year 2018 to 2026.

Current tax laws limit the amount of
loss available to be offset against future taxable income when a substantial
change in ownership occurs. Therefore, the amount available to offset future
taxable income may be limited.

26

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Note 7.

Related Party Transactions

In November 2005, the Company issued a total of 35,000 shares
of its common stock to two officers and directors of the Company for settlement
of amounts owed to them totaling $84,000 under employment agreements.

In May 2006, the Company issued a total of 3,125,000 shares of
its common stock as signing bonuses to four directors, which had a value of
$7,580,625. Subsequently, 1,875,000 of the shares were returned, resulting in a
$4,548,376 reduction in the amount that was previously expensed. This amount is
included in general and administrative expenses.

Note 8.

Subsequent Events

On January 29, 2007, the Company entered into an Agreement and
Plan of Merger with Intrepid World Communications Corp. (IWC) to merge assets
into the Company in exchange for 20,000,000 shares of Company common stock. The
agreement is subject to satisfaction of certain conditions precedent to closing,
including the Companys providing for $ 1,500,000 in financing. IWC is a 30
product developer and licensor with offices in Birmingham, Michigan.

In February 2007, the Company completed the sale of $ 55,000
shares of common stock, yielding gross proceeds to the Company of $ 65,000.

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

On October 24, 2006, the Company accepted the resignation of
firm of Peterson Sullivan PLLC ("Peterson Sullivan") as our independent
registered public accounting firm.

The audit reports of Peterson Sullivan on the Company's
financial statements for the fiscal years ending December 31, 2005 and December
31, 2004 did not contain any adverse opinion or disclaimer of opinion, nor were
they qualified or modified as to uncertainty, audit scope, or accounting
principles, except that such reports were modified to include an explanatory
paragraph raising substantial doubt about the Company's ability to continue as a
going concern.

In connection with the audits of the fiscal years ending
December 31, 2004 and December 31, 2005, including the subsequent periods
through October 24, 2006, the Company had no disagreements with Peterson
Sullivan with respect to accounting or auditing issues of the type discussed in
Item 304(a)(1)(iv) of Regulation S-B. Had there been any disagreements that were
not resolved to their satisfaction, such disagreements would have caused
Peterson Sullivan to make reference in connection with their opinion to the
subject matter of the disagreement. In addition, during that time there were no
reportable events (as described in Item 304(a)(1)(iv) of Regulation S-B).

On December 07, 2006, Mangapets Inc. ("Company") engaged with
the firm of Michael T. Studer CPA P.C. ("Michael T. Studer") as our independent
registered public accounting firm. The Company's board of directors approved the
appointment of Michael T. Studer.

27

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During the fiscal years ending December 31, 2005 and 2006,
including the subsequent periods through October 24, 2006, the date of Peterson
Sullivans resignation, and prior to the appointment of Michael T. Studer, the
Company (or anyone on its behalf) did not consult with Michael T. Studer
regarding any of the accounting or auditing concerns stated in Item 304(a)(2) of
Regulation S-B. Since there were no disagreements (as referred to in Item
304(a)(2) of Regulation S-B), the Company did not consult Michael T. Studer in
respect to these matters during the time periods detailed herein.

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

The Companys Chief executive officer and Chief Financial
officer are responsible for establishing and maintaining disclosure controls and
procedures for the Company.

(a) Evaluation of Disclosure Controls and Procedures

Under the supervision and with the participation of our
management, including our principal executive officer and principal financial
officer, we evaluated the effectiveness of the design and operation of our
disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e)
under the Exchange Act, as of December 31, 2006. Based on this evaluation, our
principal executive officer and our principal financial officer concluded that,
as of the end of the period covered by this report, our disclosure controls and
procedures were effective and adequately designed to ensure that the information
required to be disclosed by us in the reports we submit under the Exchange Act
is recorded, processed, summarized and reported within the time periods
specified in the applicable rules and forms and that such information was
accumulated and communicated to our chief executive officer and chief financial
officer, in a manner that allowed for timely decisions regarding disclosure.

(b) Changes in Internal Controls

During the period ended December 31, 2006, there has been no
change in internal control over financial reporting that has materially
affected, or is reasonably likely to materially affect our internal control over
financial reporting.

The Companys management, including the chief executive officer
and chief financial officer, does not expect that its disclosure controls or
internal controls will prevent all error and all fraud. A control system, no
matter how well conceived and operated, can provide only reasonable, not
absolute, assurance that the objectives of the control system are met. In
addition, 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 a company have been detected. These
inherent limitations include the realities that judgments in decision-making can
be faulty, and that breakdowns can occur because of simple error or mistake.

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

28

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Individual persons perform multiple tasks which normally would
be allocated to separate persons and therefore extra diligence must be exercised
during the period these tasks are combined. It is also recognized the Company
has not designated an audit committee and no member of the board of directors
has been designated or qualifies as a financial expert. The Company should
address these concerns at the earliest possible opportunity.

|ITEM 8B. | OTHER INFORMATION
|-------- | -----------------

On Jan 29, 2006 Intrepid entered into a Material Definitive
Agreement with Intrepid World Communications to merge one hundred percent (100%)
of their Entertainment and Medical assets as well as documentation of its
product licenses, agreements, office leases, patents, copyrights, trade secrets,
technology licenses and agreements with vendors and customers.

On February 7, 2007, the board of directors of the Company
accepted the resignation of Rene Hamouth as a director and as the Companys
chief executive officer and chief financial officer.

On February 7, 2007, the Company appointed Jim Fischbach as a
director and as the Companys Chief Executive officer. The appointment of Mr.
Byrne to the Companys board of directors was pursuant to the Agreement and Plan
of Merger between MangaPets Inc. and Intrepid World Communications Corporation
dated January 29, 2007.

On February 7, 2007, the Company appointed John Byrne as a new
member of the board of directors to serve until the Companys next annual
meeting of stockholders. The appointment of Mr. Byrne to the Companys board of
directors was pursuant to the Agreement and Plan of Merger between MangaPets
Inc. and Intrepid World Communications Corporation dated January 29, 2007.

On February 7, 2007, the Company appointed Gabe Werba as a new
member of the board of directors to serve until the Companys next annual
meeting of stockholders. The appointment of Mr. Werba to the Companys board of
directors was pursuant to the Agreement and Plan of Merger between MangaPets
Inc. and Intrepid World Communications Corporation dated January 29, 2007.

On February 7, 2007, the Company appointed Donald Miller as a
new member of the board of directors to serve until the Companys next annual
meeting of stockholders. The appointment of Mr. Miller to the Companys board of
directors was pursuant to the Agreement and Plan of Merger between MangaPets
Inc. and Intrepid World Communications Corporation dated January 29, 2007.

On February 7, 2007, the Company appointed John Clark as a new
member of the board of directors to serve until the Companys next annual
meeting of stockholders. The appointment of Mr. Clark to the Companys board of
directors was pursuant to the Agreement and Plan of Merger between MangaPets
Inc. and Intrepid World Communications Corporation dated January 29, 2007.

On February 8, 2007, the board of directors appointed Lonny
Bassin as the Companys Chief Financial Officer. The appointment of Mr. Bassin
as the Companys chief financial officer was pursuant to the Agreement and Plan
of Merger between MangaPets Inc. and Intrepid World Communications Corporation
dated January 29, 2007.

On February 12, 2007, the board of directors approved an
amendment to the certificate of incorporation name to Intrepid Global Imaging
3D, Inc. The name change became effective on February 16, 2007.

29

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PART III

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

| | Name          | Age | Position(s) and Office(s)           
| | ------------- | --- | ------------------------------------
| | Jim Fischbach | 60  | Chief Executive Officer and Director
| | Lonny Bassin  | 57  | Chief Financial Officer and Director
| | John Byrne    | 78  | Director                            
| | Gabe Werba    | 71  | Director                            
| | Donald Miller | 72  | Director                            
| | John Clark    | 74  | Director                            
| | Ryan Hamouth  | 24  | Director                            

James C. Fischbach:Chairman and CEO of Intrepid World
Communications Corp for the past 12 years.

Lonny Bassin:Graduate of St. Peters College with a
Bachelor of Science in Accounting

Lonny E. Bassin has been in the accounting and tax profession
for over 30 years serving as a Senior Internal Revenue Agent and as a tax
manager and partner in small to medium sized firms. He is a member of the AICPA
consulting services practice division. New Jersey Society of Certified Public
Accountants Matrimonial Accounting Committee. He has significant experience in
the litigation support areas dealing with divorce evaluation issues, white
collar crime and tax evasion and has served as an expert witness. Mr. Bassin has
taught and lectured extensively in the tax and pension law areas and is a
recognized professional by both the NJ State CPA Society and the AICPA in the
area of foreign tax law. In addition, he is the past president of the Mercer
Chapter of the New Jersey Society of Certified Public Accountants.

John Byrne:is a well-recognized marketing and
advertising man with over forty years of professional experience. He has headed
or been partner in over a dozen established firms and has received over 250
awards for advertising/marketing excellence. His achievements range from the
introduction the machine-to-machine communications capabilities of AT&T in
the 1960s to the creation of the first eyewear superstore (ex. Lens Crafters)
and to the conversion of Barneys New York from a mass retailer to one of the
strongest names in the retailing of fashion. Mr. Byrnes international
experience includes founding and successfully developing over a period of eight
years one of the first western retailing and wholesaling businesses in the
Former Soviet Union. Now, as an independent real estate broker, is currently
senior vice president of Century 21 New York Metro. Mr. Byrne has been advisor
to Intrepid World Communications for the past two decades

Gabriel Werba: Mr. Werba studied at Lycee in Paris,
Versailles and Montpelier and graduated from Harlingen High at the age of 15. He
received his Bachelor of Journalism from the University

30

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of Texas at 18. He attended New York University Graduate School
of Business Administration and its School of Law, and in the seventies was
National Chair of Mensa. Gabe has enjoyed a distinguished career in financial
and corporate public relations. He was a partner in Shiefman, Werba &
Associates (1970-1973), and then joined Anthony M. Franco, Michigans largest
public relations firm (1973-1988), where he became president. He formed Gabriel
Werba and Associates (1988-1994) and in 1994 was a founder of his current
enterprise Durocher*Dixon*Werba, L.L.C., a company whose principals have
received more awards for public and financial relations that all other Michigan
agencies combined. His present and former clients include Continental Airlines,
Atwater Entertainment (Circus Circus partner in building a $700 million gaming
complex in Detroit), Rite Aid, K-Mart, Burroughs (Unisys), Ford Financial
Services, Nissan, Kelsey Hayes and Michigan National Bank.

Donald P. Miller: Colgate ( BA ) 1953; University of
Bridgeport ( MBA ) 1962; Served as Vice President Administration (M&A) for
Echlin. Inc ( a multi- billion dollar company with headquarters in Branford,CT);
as President and CEO of Posi-Seal International, Inc., a major manufacturer of
industrial valves; and as a member of the Board and senior executive consultant
to major manufacturing companies. banking institutions, software generators and
other high-tech and basic industries, as well as service operations. Mr Miller
has also played a major part as a senior executive in companies engaged in the
commercialization, manufacturing, distribution and sale of products resulting
from such intellectual properties.

John Phelps Clark: Member of the Connecticut Bar; Yale
University ( BA ) 1954; Yale Law School (LLB )1959: Senior partner in a major
Connecticut Law firm for more than 27 years; from 1985 to 1992 Vice President
and General Counsel of Saab-Scania of America, Inc.,importer and distributor of
Saab cars; from 1992 to 1996, Chairman and Chief Executive Officer of Scania
U.S.A. Inc., importer and distributor of Scania Class 8 Heavy Duty trucks and
manufacturer of Transit Busses in its factory in Orange,CT; Member of the Board
and Executive committee of Saab Aircraft,Inc., manufacturer and distributor of
the Saab 340 and Saab 2000 aircraft; responsible for the formation and conduct
of the business of financing arms for both the car and the aircraft business;
currently conducts a private practice of law in Branford, CT, specializing in
corporate organizations; start-ups; financings; intellectual property
commercialization , licensing and foreign trade.

Ryan Hamouth: Mr. Hamouthhas been self
employed as an investor in various private and public companies for the last
five years, but has held no positions other than as a stockholder of those
companies.

Compensation of Directors

The Company's directors are not currently compensated for their
services as directors of the Company. Directors currently are not reimbursed for
out-of-pocket costs incurred in attending meetings.

Board of Directors Committees

The board of directors has not yet established an audit
committee or a compensation committee. An audit committee typically reviews,
acts on and reports to the board of directors with respect to various auditing
and accounting matters, including the recommendations and performance of
independent auditors, the scope of the annual audits, fees to be paid to the
independent auditors, and internal accounting and financial control policies and
procedures. Certain stock exchanges currently require companies to adopt a
formal written charter that establishes an audit committee that specifies

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the scope of an audit committees responsibilities and the
means by which it carries out those responsibilities. In order to be listed on
any of these exchanges, the Company will be required to establish an audit
committee.

Compliance with Section 16(a) of the Exchange Act

Based solely upon a review of Forms 3, 4 and 5 furnished to the
Company, the Company is aware of two people who during the fiscal year ended
December 31, 2005 were directors, officers, or beneficial owners of more than
ten percent of the common stock of the Company, and who failed to file, on a
timely basis, reports required by Section 16(a) of the Securities Exchange Act
of 1934 during such transitional year as follows:

- Roderick Shand, a director and the Companys chief executive officer and
  chief financial officer, failed to file on a timely basis.
- Paul Bains, a director and the Companys Secretary, failed to file on a
  timely basis.

Involvement in Certain Legal Proceedings

To our knowledge, during the past five years, our officers and
directors have not:

- filed a petition under the federal bankruptcy laws or any state insolvency
  law, nor had a receiver, fiscal agent or similar officer appointed by a court
  for the business or present of such a person, or any partnership in which he
  was a general partner at or within two years before the time of such filing,
  or any corporation or business association of which he was an executive
  officer within two years before the time of such filing;
- been convicted in a criminal proceeding or named subject of a pending
  criminal proceeding (excluding traffic violations and other minor offenses);
- been the subject of any order, judgment or decree, not subsequently
  reversed, suspended or vacated, of any court of competent jurisdiction,
  permanently or temporarily enjoining him from or otherwise limiting the
  following activities: (i) acting as a futures commission merchant, introducing
  broker, commodity trading advisor, commodity pool operator, floor broker,
  leverage transaction merchant, associated person of any of the foregoing, or
  as an investment advisor, underwriter, broker or dealer in securities, or as
  an affiliated person, director of any investment company, or engaging in or
  continuing any conduct or practice in connection with such activity; (ii)
  engaging in any type of business practice; (iii) engaging in any activity in
  connection with the purchase or sale of any security or commodity or in
  connection with any violation of federal or state securities laws or federal
  commodity laws;
- been the subject of any order, judgment or decree, not subsequently
  reversed, suspended or vacated, of any federal or state authority barring,
  suspending or otherwise limiting for more than 60 days the right of such
  person to engage in any activity described above under this Item, or to be
  associated with persons engaged in any such activity;
- been found by a court of competent jurisdiction in a civil action or by
  the Securities and Exchange Commission to have violated any federal or state
  securities law and the judgment in subsequently reversed, suspended or vacate;
- been found by a court of competent jurisdiction in a civil action or by
  the Commodity Futures Trading Commission to have violated any federal
  commodities law, and the judgment in such civil action or finding by the
  Commodity Futures Trading Commission has not been subsequently reversed,
  suspended or vacated.

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Code of Ethics

The Company has adopted a code of ethics in compliance with
Item 406 of Regulation S-B that applies to our principal executive officer,
principal financial officer, principal accounting officer or controller, or
persons performing similar functions. The Company has filed a copy of its Code
of Ethics by reference as Exhibit 14 to this Form 10KSB. Further, we undertake
herewith to provide by mail to any person without charge, upon request, a copy
of such code of ethics if we receive the request in writing by mail to:

INTREPID GLOBAL IMAGING 3D, INC.555
S. Old WoodwardSuite 1109 BirminghamMI 48009

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

The following table provides summary information for the years
2006, 2005, and 2004 concerning cash and non-cash compensation paid or accrued
to or on behalf of the chief executive officer at the year ended December 31,
2006, and any other employees to receive compensation in excess of $100,000.

Summary Compensation
      TableName and 
        Principal Position
      Year
      Salar 
        y ($)
      Bonu 
        s ($)
      Stock Awards 
        ($)
      Option 
        Awards ($)
      Non-Equity 
        Incentive
      Plan Compensatio n ($)
      Change in 
        Pension Value
      and Nonqualified Deferred Compensation ($)
      All Other 
        Compensatio
      n ($)
      Total 
        ($)Rene 
        Hamouth CEO, CFO, PAO,
      and director
      2006 
        2005 2004
      
      - 
        - -
      3,032,249 
        - - -
      - 
        - -
      - 
        - -
      - 
        - -
      - 
        - -
      3,032,249


Compensation of Directors

At present, the Company does not pay its directors for
attending meetings of the Board of Directors, although the Company may adopt a
director compensation policy in the future. The Company has no standard
arrangement pursuant to which directors of the Company are compensated for any
services provided as a director or for committee participation or special
assignments.

The Corporation has no Grants of Plan-Based Awards,
Outstanding Equity Awards at Fiscal Year-End, Option Exercises and Stock
Vested, Pension Benefits, or Nonqualified Deferred Compensation. Nor does
the Corporation have any Post Employment Payments to report.

Our directors receive no compensation for their services as
directors.

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

The following table sets forth certain information concerning
the ownership of the Company's common stock as of April 12, 2007, with respect
to: (i) each person known to the Company to be the beneficial owner of more than
five percent of the Company's common stock; (ii) all directors; and (iii)
directors and executive officers of the Company as a group. The notes
accompanying the information in the table below are necessary for a complete
understanding of the figures provided below. As of April 12, 2007, there were
27,933,123 shares of common stock issued and outstanding.

Title of Class
    Name and Address of
      Beneficial Owner
    Amount and Nature of
      Beneficial Ownership
    Percent of classCommon Stock 
        ($0.001 par value)
    Jim Fischbach President/Chief Executive
      Officer/Director Suite 440-375 Water Street Vancouver, B.C.
      V6B 5C6
      20,000,000
      71.5Common Stock
        
        ($0.001 par
      value)
    Ryan Hamouth Director
      1717 Bayshore Drive Apt 401Vancouver, B.C. V6G 3H3
      193,543
      0.7Common Stock
        
        ($0.001 par value)
    Rene Hamouth 2608 Finch
      Hill West Vancouver, B.C. V7S 3H1
      3,150,000
      11.3Common Stock
        
        ($0.001 par value)
    All officers and directors as a
      group
      
      83.5%


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

In November 2005, the Company issued a total of 35,000 shares
of its common stock to two officers and directors of the Company for settlement
of amounts owed to them totaling $84,000 under employment agreements.

In May 2006, the Company issued a total of 3,125,000 shares of
its common stock as signing bonuses to four directors, which had a value of
$7,580,625. Subsequently, 1,875,000 of the shares were returned, resulting in a
$4,548,376 reduction in the amount that was previously expensed. This amount is
included in general and administrative expenses.

|ITEM 13. | EXHIBITS
|-------- | --------

Exhibits required to be attached by Item 601 of Regulation S-B
are listed in the Index to Exhibits beginning on page 26 of this Form 10-KSB,
which is incorporated herein by reference.

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|ITEM 14. | PRINCIPAL ACCOUNTANT FEES AND SERVICES
|-------- | --------------------------------------

Audit Fees

Peterson Sullivan LLC provided audit services to the Company in
connection with its annual report for the fiscal year ended December 31, 2005.
The aggregate fees billed by Peterson Sullivan LLC for the audit of the
Companys annual financial statements and a review of the Companys quarterly
financial statements including the periods ending March 31,2006 and June 31,2006
were $54,977.

Micheal T. Studer, CPA P.C provided audit services to the
Company in connection with its annual report for the fiscal year ended December
31, 2006. The aggregate fees billed Micheal T. Studer, CPA P.C for the audit of
the Companys annual financial statements and a review of the Companys
September 30, 2006 quarterly financial statements were $40,000.

Audit Related Fees

Peterson Sullivan LLC billed the Company no fees in 2005 for
professional services that are reasonably related to the audit or review of the
Companys financial statements that are not disclosed in Audit Fees above.

Micheal T. Studer, CPA P.C billed the Company no fees in 2006
for professional services that are reasonably related to the audit or review of
the Companys financial statements that are not disclosed in Audit Fees above

Tax Fees

Peterson Sullivan LLC billed to the Company fees of $430 in
2005 for professional services rendered in connection with the preparation of
the Companys tax returns for the respective periods.

Micheal T. Studer, CPA P.C billed to the Company fees of $0 in
2006 for professional services rendered in connection with the preparation of
the Companys tax returns for the respective periods.

All Other Fees

Peterson Sullivan LLC billed to the Company no fees in 2005 for
other professional services rendered or any other services not disclosed above.

Micheal T. Studer, CPA P.C billed to the Company no fees in
2006 for other professional services rendered or any other services not
disclosed above.

Audit Committee Pre-Approval

The Company does not have a standing audit committee.
Therefore, all services provided to the Company by Peterson Sullivan LLC and
Micheal T. Studer, CPA P.C as detailed above, were pre-approved by the Companys
board of directors. Peterson Sullivan LLC and Micheal T. Studer, CPA P.C
performed all work only with their permanent full time employees.

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SIGNATURES

In accordance with Section 13 or 15(d) of the Exchange Act, the
registrant caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized, this 12th day of April 2007.

Intrepid Global Imaging 3D Inc.

/s/ Jim Fischbach
  By: Jim Fischbach, Chief Executive Officer

/s/ Lonny Bassin
  By: Lonny Bassin, Chief Financial Officer and Principle Accounting Officer

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INDEX TO EXHIBITS

|Exhibit  |                                                                                                                                                                                                                                
|-------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|No.      | Description                                                                                                                                                                                                                    
|3(i)(a)  | Articles of Incorporation
        dated March 4, 1998. (Incorporated by reference from Form 10SB filed with
        the SEC on January 5, 2000.) *                                                                             
|3(i)(b)  | Amended Articles of Incorporation dated April 23,1998.
        (Incorporated by reference from Form 10SB filed with the SEC on January
        5, 2000.) *                                                                     
|3(i)(c)  | Amended Articles
        of Incorporation dated January 4, 2002. (Incorporated by reference from
        Form 10KSB filed with the SEC on May 21, 2003.) *                                                                     
|3(i)(d)  | Amended Articles of Incorporation
        dated December 19, 2003. (Incorporated by reference from Form 10KSB filed
        with the SEC on May 20, 2004.) *                                                                   
|3(i)(e)  | Amended Articles
        of Incorporation dated November 4, 2004. (Incorporated by reference from
        Form 10KSB filed with the SEC on April 15,2005) *                                                                    
|3(i)(f)  | Amended Articles of Incorporation
        dated September 7,2005. (Incorporated by reference from Form 10QSB filed
        with the SEC on November 16, 2005) *                                                                
|3(ii)    | By-Laws dated
        April 23, 1998. (Incorporated by reference from Form 10SB filed with the
        SEC on January 5, 2000.) *                                                                                              
|10(i)    | The 2003 Benefit Plan of Delta
        Capital Technologies, Inc. dated August 20, 2003 (Incorporated by reference
        from Form S-8 filed with the SEC on August 26, 2003) *                                              
|10(ii)   | Employee Agreement
        dated April 30, 2004 between the Company and Kent Carasquero. (Incorporated
        by reference from Form 10KSB filed with the SEC on May 20, 2004 *                                               
|10(iii)  | Employee Agreement dated April
        30, 2004 between the Company and Martin Tutschek. (Incorporated by reference
        from Form 10KSB filed with the SEC on May 20, 2004) *                                              
|10(iv)   | Employee Agreement
        dated October 1, 2004 between the Company and Roderick Shand (Incorporated
        by reference from Form 10KSB filed with the SEC on April 15, 2005) *                                             
|10(v)    | Employee Agreement dated October
        1, 2004 between the Company and Mr. Paul Bains (Incorporated by reference
        from Form 10KSB filed with the SEC on April 15, 2005) *                                             
|10(vi)   | Consulting Agreement
        dated October 1, 2004 between the Company and Kent Carasquero. (Incorporated
        by reference from Form 10KSB filed with the SEC on April 15, 2005) *                                         
|10(vii)  | Portal Development Agreement
        dated July 15, 2005 between the Company and Sygenics Interactive Inc.
        (Incorporated by reference from Form 8-K filed with the SEC on August
        9, 2005) *                    
|10(viii) | Debt Settlement
        Agreement dated August 3, 2005 between the Company and Rajesh Vadavia
        and Sygenics Interactive, Inc. (Incorporated by reference from Form 10KSB
        filed with the SEC on April 17, 2006) *
|10(ix)   | Debt Settlement Agreement dated
        September 30, 2005 between the Company and Leslie Lounsbury. (Incorporated
        by reference from Form 10QSB filed with the SEC on November 16, 2005)
        *                     

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|10(x)   | Debt Settlement
        Agreement dated November 9, 2005 between the Company and Roderick Shand.
        (Incorporated by reference from Form 10KSB filed on April 17, 2006) *                                      
|------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|10(xi)  | Debt Settlement Agreement dated
        November 9, 2005 between the Company and Paul Bains. (Incorporated by
        reference from Form 10KSB filed on April 17, 2006) *                                          
|10(xii) | Agreement and
        Plan of Merger between MangaPets Inc. and Intrepid World Communications
        Corporation dated January 29, 2007.(Incorporated by reference from Form
        8k filed on January 29,2007) *
|14      | Code of Ethics (Incorporated
        by reference from Form 10KSB filed with the SEC on April 15, 2005) *                                                                                                           
|31      | Certification
        Pursuant to Rule 13a-14(A)/15d-14(A) of the Securities Act of 1934 as
        amended, as adopted pursuant to section 302 of the Sarbanes-Oxley Act
        of 2003.                          
|31.1    | Certification
        Pursuant to Rule 13a-14(A)/15d-14(A) of the Securities Act of 1934 as
        amended, as adopted pursuant to section 302 of the Sarbanes-Oxley Act
        of 2003.                          
|32.2    | Certification
        Pursuant to 18 U.S.C. Section 1350, Section 906 of the Sarbanes-Oxley
        Act of 2002                                                                                                     

* Incorporated by reference from previous filings of the
Company

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