UNITED
STATES


SECURITIES
AND EXCHANGE COMMISSION


WASHINGTON,
D.C. 20549







FORM
10-K/A







ANNUAL
REPORT UNDER SECTION 13 OR 15(D) OF THE


SECURITIES
EXCHANGE ACT OF 1934




ANNUAL
REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES


EXCHANGE
ACT OF 1934




For
Fiscal Year Ended


December
31, 2008




Commission
File #33-0680443





MONEYLOGIX GROUP,
INC.





(Exact
name of registrant as specified in its charter)




Nevada


(State or
other jurisdiction of incorporation or organization)


260
Edgeley Blvd, Suite 12, Concord, Ontario, Canada L4K-3Y4


(Address
of principal executive offices)(Zip Code)




905-761-1400


(Registrant's
telephone no. including area code)





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




Title of
each class Name of each exchange on which registered









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




Common Stock, $0.0001 par
value




(Title
of class)




(Former
name, former address and former fiscal year,




if
changed since last report)





Indicate
by check mark if the registrant is a well-known seasoned issuer, as defined in
Rule 405 of the Securities Act.




Yes            ̈           No            ̈




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




Yes            ̈           No            ̈




Indicate
by check mark whether the registrant (1) has filed all reports required to be
filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the
preceding 12 months (or 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            ̈           No            ̈




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




o




Indicate
by check mark whether the registrant is a large accelerated filer, an
accelerated filer, a non-accelerated filer or a smaller reporting company
filer.  See definition of “accelerated filer” and “large accelerated
filer” in rule 12b-2 of the Exchange Act (Check one):





Large
      accelerated filer
              o
              Accelerated
      filer
              oNon-accelerated
      filer
              o
              Smaller
      reporting company
              x





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





Yes    o        No   o




Indicate
the number of shares outstanding of the Registrant’s common stock as of the
latest practicable date.





Class
                
                Outstanding at June 29,
  2009Common
      Stock, $.0001 par value
                
                89,538,586





Revenues
for year ended December 31, 2008: $ nil




Aggregate
market value of the voting common stock held by non-affiliates of the registrant
as of December 31, 2008 is: $41,189,428.  The value at June 29,
2009 is $179,077,172




Transfer
Agent as of June 29, 2009:




OTR,
Inc.


Transfer
Agent & Registrar


1000 SW
Broadway, Suite 920


Portland,
Oregon 97205


(503)
225-0375


www.transfer.com












TABLE
OF CONTENTS




PART
      IITEM
      1.
                            DESCRIPTION
      OF BUSINESS
                            
                            3ITEM
      1A.
                            RISK
      FACTORS
                            
                            5ITEM
      1B.
                            UNRESOLVED
      STAFF COMMENTSITEM
      2.
                            DESCRIPTION
      OF PROPERTY
                            
                            5ITEM
      3.
                            LEGAL
      PROCEEDINGS
                            
                            5ITEM
      4.
                            SUBMISSION
      OF MATTERS TO A VOTE OF SECURITY HOLDERS
                            
                            5PART
      IIITEM
      5.
                            MARKET
      FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS
                            
                            6ITEM
      6.
                            SELECTED
      FINANCIAL DATA
                            
                            7ITEM
      7.
                            MANAGEMENT
      S DISCUSSION AND ANALYSIS
                            
                            7ITEM
      7A.
                            QUANTITATIVE
      AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
                            
                            8ITEM
      8.
                            FINANCIAL
      STATEMENTS AND SUPPLEMENTARY DATA
                            
                            8ITEM
      9.
                            CHANGES
      IN AND DISAGREEMENTS WITH ACCOUNTANTS ON  ACCOUNTINGAND
      FINANCIAL  DISCLOSURE
                            
                            8ITEM
      9A
                            CONTROLS
      AND PROCEDURES
                            
                            8ITEM
      9B.
                            OTHER
      INFORMATION
                            
                            9PART
      IIIITEM
      10.
                            DIRECTORS,
      EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS:COMPLIANCE
      WITH  SECTION 16(A) OF  THE  EXCHANGE
      ACT
                            
                            10ITEM
      11.
                            EXECUTIVE
      COMPENSATION
                            
                            12ITEM
      12.
                            SECURITY
      OWNERSHIP OF CERTAIN BENEFICIAL OWNERS ANDMANAGEMENT
                            
                            12ITEM
      13.
                            CERTAIN
      RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTORINDEPENDENCE
                            
                            13ITEM
      14.
                            PRINCIPAL
      ACCOUNTANT FEES AND SERVICES
                            
                            13PART
      IVITEM
      15.
                            EXHIBITS
      AND FINANCIAL STATEMENT SCHEDULES
                            
                            14SIGNATURES
                            
                            
                            14




2





PART
I




ITEM
1.  DESCRIPTION OF BUSINESS




Classified
as a smaller reporting company as defined by rule 229.10 (f)(1), the following
provides a description of our business.




Form
and Year of Organization




MoneyLogix
Group. is an early development stage capital investment company focussed on
opportunistic acquisitions in the real estate
market.   MoneyLogix Group focus is creating value through timely
acquisitions, investing in high-yielding value enhancement tactics, and
executing the best exit strategies for each unique investment property in
Canada, USA and other international countries.




It is
MoneyLogix' intent to use its capital for the acquisition of undervalued
residential and commercial real estate and zoned property and, with limited
redevelopment, sell the acquired property at a substantial profit in the future
when real estate values return to historical norms or better. Where ever
possible, we will lease acquired premises to obtain rental income until such
time as property values and market demands allow a divestiture of properties
from our real estate portfolio that achieves a satisfactory return on investment
to shareholders.





The
company was originally incorporated in 1995 and its present ownership and form
occurred in January 2008 after a reverse takeover as described in more detail
below.




Bankruptcy,
Receivership or Similar Proceeding




None




Material
Reclassification, Merger, consolidation, or Purchase or Sale of a Significant
Amount of Assets




On
September 7, 2006 the Company entered into an Agreement and Plan of Merger with
MIT Holding, Inc. This agreement provided for the following: (1) tax free
reorganization with MIT Holding, Inc. whereby MIT becomes the wholly owned
subsidiary of HomeLife; (2) $250,000 payment to the Company to pay present
liabilities; (3) Andrew Cimerman will retain 240,000 shares of our common stock
after a 4.2 to 1 reverse stock split; Mr. Cimerman will retire a certain amount
of shares since he will own more than 240,000 shares after the 4.2 to 1 reverse
stock split and the assets will be spun off to him in consideration for
retirement of such shares. The transaction had a closing date of September 29,
2006 With the Closing to occur after MIT's required financial statements were
completed and the Company had undertaken a fairness opinion for the spin off of
the assets to Mr. Cimerman.





On
November 29, 2006, Homelife filed in Federal Court against MIT Holding, Inc. for
breach of contract and is seeking $2 million in damages. On March 22, 2007, both
parties agreed to terminate the agreement with the payment of $27,500 from MIT
Holding, Inc. to Homelife.





On
January 3, 2008, Homelife entered into a share exchange agreement with
Moneylogix Inc., a Delaware private corporation. The reverse merger transaction
effected a change of control of the Company. The accounting acquirer is
MoneyLogix, Inc. and the historical operations of the Company are the operations
of MoneyLogix, Inc. Pursuant to the terms of the share exchange agreement, the
parties agreed to the following:




1.
            Mr.
      Cimerman, the former Company Chief executive and majority shareholder,
      agreed to transfer 458,000 shares of the Company to the Company treasury
      in exchange for the spin off of all assets of the Company to Mr. Cimerman.
      This was executed at closing on May 28, 2008. Mr. Cimerman still had a
      shareholder loan to be satisfied by the
Company;





2.
            Moneylogix
      Group agreed to change the name of the Company from Homelife, Inc. to
      Moneylogix Group, Inc. This was executed on January 29 th ,
      2008;





3.
            Moneylogix
      Group agreed to issue 100,000,000 shares of our common stock to Moneylogix
      Inc. in exchange for 100% of Moneylogix Inc.’s issued and outstanding
      stock. 80,000,000 shares of the Company were issued on May 28, 2008 to
      Moneylogix Inc. 100% of the shares of Moneylogix Inc. were transferred to
      Moneylogix Group making Moneylogix Inc. a wholly owned subsidiary of the
      Company on May 28, 2008. On June 13, 2008, 200,000 additional shares of
      the Company were issued to Moneylogix Inc. shareholders. 19,800,000 shares
      of the Company are still to be transferred to Moneylogix Inc.
      shareholders, post agreement closure on May 28, 2008, pending changes to
      the number of shares authorized for
issuance;





3





4.
            Moneylogix
      Inc. agreed to pay to the Company $250,000 for the satisfaction of all
      outstanding debt of the Company, including the outstanding amount owing to
      Mr. Cimerman. Moneylogix Inc. made payment of $250,000 to an agreed upon
      trust agent on May 28, 2008, to be released to the Company upon on the
      complete satisfaction of all the terms of the
  agreement;





5.
            The
      Company will effect a 22 to 1 reverse split of the Company’s stock. The 22
      to 1 reverse stock split took place on May 28,
  2008;





6.
            Following
      the 22 to 1 reverse stock split, Moneylogix Group agreed to issue 490,310
      shares of common stock (post 22-for-1 reverse stock split) to Mr.
      Cimerman, the former Company Chief executive and majority shareholder, in
      consideration for Mr. Cimerman retiring a certain portion of debt the
      Company owes him and cancelling 10,000 of Our Class A preferred shares and
      50 of Our Class AA Preferred Shares held by Mr. Cimerman. It was agreed
      that the 490,310 shares issued to Mr. Cimerman shall be restricted and
      locked up for transfer and monetization for 24
  months.




MoneyLogix
added the following individuals to its management team effective May 11th, 2009:
Mike Knarr, President & Chief Executive Officer; Gary Cilevitz, Chief
Financial Officer and Corporate Secretary; Tom Copeland, Executive Vice
President; Adam Seanor, Executive Vice President.   Concurrently,
the Corporation elected Alex Haditaghi to the position of Chairman of the Board
effective May 11, 2009.  The Board of Directors consist of Alex
Haditaghi, Mike Knarr and Gary Cilevitz as at May 11th, 2009
and are currently searching for independent directors.   Majid
Haditaghi resigned effectively May 12, 2009 as an officer and
director.





On May
22, 2009 MoneyLogix  acquired a development property totalling
approximately 100 acres in Barrie, Ontario adjacent to the GO Train Station
which provides daily commuter transit service to downtown
Toronto.  MoneyLogix is acquiring the property for the assumption of
approximately C$9 million in debt and 8.775 million restricted common shares at
C$2.00 per share for a total purchase price of C$26.3 million.




Business
of Issuer




MoneyLogix
Group. is an early development stage capital investment company focussed on
opportunistic acquisitions in the real estate
market.   MoneyLogix Group focus is creating value through timely
acquisitions, investing in high-yielding value enhancement tactics, and
executing the best exit strategies for each unique investment property in
Canada, USA and other international countries.




It is
MoneyLogix' intent to use its capital for the acquisition of undervalued
residential and commercial real estate and zoned property and, with limited
redevelopment, sell the acquired property at a substantial profit in the future
when real estate values return to historical norms or better. Where ever
possible, we will lease acquired premises to obtain rental income until such
time as property values and market demands allow a divestiture of properties
from our real estate portfolio that achieves a satisfactory return on investment
to shareholders




Products
and Services




MoneyLogix is currently developing a
strategy to focus on real estate investment activities.  On May 22,
2009 theCompanyacquired a development property
totalling approximately 100 acres in Barrie, Ontario adjacent to the GO Train
Station which provides daily commuter transit service to downtown
Toronto.




Government
Licensure and Approvals




None





4





Effect
of Existing or Probable Government Regulations on the Business




None




Research
and Development Activities in Past Two Years




None.




Environmental
Compliance Costs and Effects




None.




Employees




The
Company had no employees at December 31, 2008.  As of June 29, 2009
the Company has four full time employees.




ITEM
1A.  RISK FACTORS




Not
applicable as a smaller reporting company.




ITEM
2.  DESCRIPTION OF PROPERTY




As of December 31, 2008 MoneyLogix was
not operating and had no property.




As of
June 29, 2009 MoneyLogix operated out of a space located is located at 260
Edgeley Blvd, Suite 12, Concord, Ontario, Canada L4K-3Y4.  We
lease this space for no fees from one of our shareholders.




On May 22, 2009  MoneyLogix
purchased a development property totalling approximately 100 acres in Barrie,
Ontario, at the corner of Mapleview Drive and Yonge Street,  adjacent
to the GO Train Station which provides daily commuter transit service to
downtown Toronto.




ITEM
3.  LEGAL PROCEEDINGS




None




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




None.





5




PART
II




ITEM
5.  MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER
MATTERS




Market
Information




Our
shares of common stock are approved for quotation on the OTC Bulletin Board
under the symbol “MLXG”.




The
following table represents the closing high and low bid information for our
common stock during the last two fiscal years as reported by the OTC Bulletin
Board. The quotations reflect inter-dealer prices, without retail mark-up,
mark-down or commission and may not represent actual
transactions.  The market for our common stock is sporadic and our
stock is thinly traded.




2008
                  
                  High
                  
                  
                  LowFirst
      Quarter
                  
                  $
                  2.00
                  
                  
                  $
                  0.88Second
      Quarter
                  
                  $
                  1.01
                  
                  
                  $
                  0.55Third
      Quarter
                  
                  $
                  0.55
                  
                  
                  $
                  0.55Fourth
      Quarter
                  
                  $
                  0.55
                  
                  
                  $
                  0.512007
                  
                  High
                  
                  
                  LowFirst
      Quarter
                  
                  $
                  1.32
                  
                  
                  $
                  1.32Second
      Quarter
                  
                  $
                  1.54
                  
                  
                  $
                  1.32Third
      Quarter
                  
                  $
                  1.98
                  
                  
                  $
                  1.32Fourth
      Quarter
                  
                  $
                  1.98
                  
                  
                  $
                  1.10




Holders




On
December 31, 2008, there were 1017 beneficial shareholders of record for our
outstanding common stock.




Dividends




To date,
we have paid no dividends on our shares of common stock and have no present
intention of paying any dividends on our shares of common stock in the
foreseeable future. The payment by us of dividends on the shares of common stock
in the future, if any, rests solely within the discretion of our board of
directors and will depend upon, among other things, our earnings, capital
requirements and financial condition, as well as other factors deemed relevant
by our board of directors.  Although dividends are not limited
currently by any agreements, it is anticipated that future agreements, if any,
with institutional lenders or others may limit our ability to pay dividends on
our shares of common stock.




Securities
Authorized for Issuance under Equity Compensation Plan





None





2008





The
Company issued 80,000,000  shares, with an additional 20,000,000
shares to be issued, of our Common Stock to the Moneylogix shareholders in
exchange for 100% of the outstanding shares of Moneylogix Group Inc, pursuant to
the Agreement and Addendum, on May 28, 2008. Such shares were issued pursuant to
an exemption from registration at Section 4(2) of the Securities Act of
1933.





On May
28, 2008 the Company issued 563,586  common shares at a price of $0.44 per
share for a total amount of $250,564 to former HomeLife Shareholders pursuant to
the agreement and addendum.  .  The shares were issued at
$0.01 per share, the par value of the security on the date of issue and the
$250,000 to satisfy all outstanding debt of the company.  Such shares
were issued pursuant to an exemption from registration at Section 4(2) of the
Securities Act of 1933.





6




On June
13, 2008 the Company issued 200,000(Rule 144) common shares at a price of $0.01
per share for a total amount of $200 to a former MoneyLogix
shareholder.   The shares were issued at $0.01 per share, the par
value of the security on the date of issue   Such shares were
issued pursuant to an exemption from registration at Section 4(2) of the
Securities Act of 1933.




ITEM
6. SELECTED FINANCIAL DATA




Not
applicable as a smaller reporting company.






ITEM
7.  MANAGEMENT'S DISCUSSION AND ANALYSIS




The
following is management’s discussion and analysis of the consolidated financial
condition and results of operations of MoneyLogix Group, Inc. for the fiscal
years ended December 31, 2008 and 2007.  The following information
should be read in conjunction with the audited consolidated financial statements
for the period ending December 31, 2008 and notes thereto appearing elsewhere in
this Form 10-K.




Liquidity




At
December 31, 2008, we had zero cash and zero total assets. Comparatively at
December 31, 2007, we had zero cash and zero total assets.





At
December 31, 2008, we had $17,812 in accrued liabilities related to professional
fees for a total of $17,812 in liabilities.  Comparatively at December
31, 2007, the Company had $5,000 in accrued liabilities related to professional
fees for a total of $5,000 in liabilities.




As there
are no current revenues from operating activities, the Company must presently
rely upon the issuance of common stock and additional capital contributions from
shareholders and/or loans from shareholders and third-party lenders to meet our
working capital needs. It is expected by management that the Company will need
to rely upon new capital contributions to pay the accrued
liabilities




Capital
Resources




Unless
and until the Company increases its revenue and profitability from operations,
we will continue to rely upon the issuance of common stock and additional
capital contributions from shareholders and/or loans from shareholders and
third-party lenders.




Results
of Operations




The
Company reported no revenue from operations during the year ending December 31,
2008. Comparatively, the Company reported no revenue from operations during the
year ending December 31, 2007.





The
Company incurred expenses related primarily to professional fees of $21,748 for
the year ending December 31, 2008.  The Company also incurred $250,564
of reorganization cost for the year ending December 31,
2008.  Comparatively, for the year ending December 31, 2007, the
Company reported $5,000 of professional fees and $81,600 of consulting fees. The
Company reported total operating expenses of $358,912 for the period from
December 7, 2007 (the inception date of Moneylogix, Inc.) to December 31,
2008.




The
Company recorded a Net Loss for the year ended December 31, 2008 of $272,312 and
a Net Loss of $86,600 for the year ended December 31, 2007.  For the
period from December 7, 2007 (inception date) to December 31, 2008, the Company
recorded a cumulative Net Loss of $358,912.




Off-Balance
Sheet Arrangements




None





7




Tabular
Disclosure of Contractual Obligations




Not
applicable as a smaller reporting company.




ITEM
7A.  QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET
RISK




Not
applicable as a smaller reporting company.






ITEM
8.  FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA




The
financial statements of the Company appear at the end of this report beginning
with the Index to Financial Statements on page F-1.




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




None.




ITEM
9A(T). CONTROLS AND PROCEDURES




Evaluation of Disclosure
Controls and Procedures




We
carried out an evaluation of the effectiveness of the design and operation of
our disclosure controls and procedures (as defined in Exchange Act
Rules 13a-15(e) and 15d-15(e)) as of December 31, 2008.  This
evaluation was accomplished under the supervision and with the participation of
our chief executive officer / principal executive officer who concluded that our
disclosure controls and procedures are not effective to ensure that all material
information required to be filed in the Form 10-K has been made known to
them.




Management’s Report on
Internal Control Over Financial Reporting




Management
is responsible for establishing and maintaining adequate internal control over
financial reporting, as defined in Rules 13a-15(1) and 15(d) of the Exchange
Act. Internal control over financial reporting is a process to provide
reasonable assurance regarding the reliability of financial reporting and the
preparation of financial statements in accordance with
GAAP.   Because of its inherent limitations, internal control
over financial reporting may not prevent or detect
misstatements.  Also, projection of any evaluation of effectiveness to
future periods is subject to the risk that controls may become inadequate
because of conditions, or that the degree of compliance with the policies or
procedures may deteriorate.




For
purposes of this section, the term disclosure controls and procedures means
controls and other procedures of an issuer that are designed to ensure that
information required to be disclosed by the issuer in the reports that it files
or submits under the Act (15 U.S.C. 78a et seg.) is recorded, processed,
summarized and reported, within the time periods specified in the Commission’s
rules and forms.  Disclosure, controls and procedures include, without
limitation, controls and procedures designed to ensure that information required
to be disclosed by in our reports filed under the Securities Exchange Act of
1934, as amended (the "Act") is accumulated and communicated to the issuer's
management, including its principal executive and principal financial officers,
or persons performing similar functions, as appropriate to allow timely
decisions regarding required disclosure.




A
material weakness is a deficiency, or combination of deficiencies, in internal
control over financial reporting such that there is a reasonable possibility
that a material misstatement of our annual or interim financial statements will
not be prevented or detected on a timely basis.  In connection with
our management’s assessment of our internal control over financial reporting as
required under Section 404 of the Sarbanes-Oxley Act of 2002, we identified
certain material weaknesses in our internal control over financial reporting as
of December 31, 2008:




·
            Reliance
      upon independent financial reporting consultants for review of critical
      accounting areas and disclosures and material non-standard
      transaction.





8




·
            Lack
      of sufficient accounting staff which results in a lack of segregation of
      duties necessary for a good system of internal
  control.




Because
of the material weaknesses above, management has concluded that we did not
maintain effective internal control over financial reporting as of December 31,
2008, based on Internal Control over Financial Reporting – Guidance for Smaller
Public Companies issued by COSO.




Remediation of Material
Weaknesses in Internal Control Over Financial Reporting





In order
to remedy our existing internal control deficiencies, as our finances allow, we
will hire a Chief Financial Officer and additional accounting
staff.




Changes in Internal Controls
over Financial Reporting




We have
not yet made any changes in our internal controls over financial reporting that
occurred during the period covered by this report on Form 10-K that has
materially affected, or is reasonably likely to materially affect, our internal
control over financial reporting.




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




ITEM
9B. OTHER INFORMATION




None.





9




PART
III




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




Registrant
Director and Executive Officer




The
following table sets forth, as of December 31, 2008, the name and age of our
sole director and executive officer.  The director will hold such
office until the next annual meeting of shareholders and until his successor has
been elected and qualified.




Name
                  
                  Age
                  
                  PositionMajid
      Haditaghi
                  
                  43
                  
                  President,
      CEO, CFO, Chief Accounting Officer and sole
  Director




Business
Experience




The
following summarizes the occupation and business experience of our sole director
and executive officers:




Majd
Haditaghi, President, Chief Executive Officer, Chief Financial Officer, Chief
Accounting Officer and Chairman of the Board of Directors




Mr. Majid
Haditaghi Graduated from Marmara School of Pharmacy in Turkey in 1990 and passed
his Canadian College of Pharmacy Bar exam in 1992. As an executive, manager and
owner of several large retail pharmacies in Canada, Mr. Haditaghi has extensive
experience in retail operations. Mr. Haditaghi has helped numerous
organizations  by providing management solutions designed to enhance
their systems growth and profitability.




Mr.
Haditaghi resigned his positions with us on May 12, 2009




On May
11, 2009 MoneyLogix announced its new management team and new board of
directors.  The following tablesets forth, as of June
29, 2009, the name and age of our directors and executive
officers.  The directors will hold such office until the next annual
meeting of shareholders and until his successors has been elected and
qualified.




Name
                  
                  Age
                  
                  PositionAlex
      Haditaghi
                  
                  35
                  
                  Chairman
      of the Board of DirectorsMike
      Knarr
                  
                  50
                  
                  Director,
      Chief Executive Officer and  PresidentGary
      Cilevitz
                  
                  39
                  
                  Director,
      Chief Financial Officer and Corporate
Secretary




Business
Experience




The
following summarizes the occupation and business experience of our Board of
Directors and Corporate Officers:




Alex
Haditaghi, Founder and Chairman of the Board of Directors




Alex
Haditaghi has been working in the mortgage industry since 1999. He has worked
with some of the top financial institutions in the country and has solid
relationships with leading mortgage brokers and lenders. Realizing a need for an
online mortgage brokerage in Canada, Mr. Haditaghi formed Lending Tree Canada in
2000, serving as CEO and President until he founded MortgageBrokers.com in
2005.





10




Michael
Knarr, President & Chief Executive Officer




Mr. Knarr
has been working in the consumer finance sector in Canada in a variety of senior
management positions with General Electric from 1995 to 2008. In his last role
at GE as COO of GE Money, Mr. Knarr was central to the launch, growth and
eventual wind-down of GE's deposit-taking financial institution regulated under
the Trust and Loan Companies Act, and was responsible for all operational
elements. Mr. Knarr has an HBA from Wilfrid Laurier University.




Gary
Cilevitz, Chief Financial Officer & Corporate Secretary




Mr.
Cilevitz is a CA with 15 years experience in Canadian and American accounting
with a focus in high growth public companies. Prior to MoneyLogix, Mr. Cilevitz
held the position of CFO at Richview Resources Inc., a TSX listed company.
During his tenure at Richview, he managed all finance, accounting, disclosure
and regulatory filings.




Significant
Contributing Management




The
following table sets forth, as of June 29, 2009, the names and ages of our
Canadian operations management team.




Name
                  
                  Age
                  
                  PositionTom
      Copeland
                  
                  51
                  
                  Vice
      President of OperationsAdam
      Seanor
                  
                  35
                  
                  Vice
      President of Finance &
Administration




Business
Experience




Tom
Copeland, EVP, Investments




Prior to
MoneyLogix, Mr. Copeland was the Vice President, Finance for Easton's Group of
Hotels where he was responsible for all aspects of the business including:
finance, strategy, contract negotiation, administration and operations. During
his 10 years, Easton's experienced double digit growth adding seven hotels and
1,200 rooms. Mr. Copeland holds an MBA from the University of
Toronto.




Adam
Seanor, EVP, Business Development & Investor Relations




As an
equity research analyst with Clarus Securities, Mr. Seanor was responsible for
coverage of TSX-listed, financial companies including banks, finance companies,
and asset managers. Prior to that, Mr. Seanor held a similar role at Blackmont
Capital. Mr. Seanor was awarded the CFA designation in 2003 and has an MBA from
the Schulich School of Business




Family
Relationships




None.




Involvement
in Certain Legal Proceedings




None




Promoters
and Control Persons




None.





11





Compliance
with Section 16(A) of the Exchange Act





Section
16(a) of the Exchange Act requires the Company’s officers and directors, and
persons who beneficially own more than 10% of a registered class of the
Company’s equity securities, to file reports of ownership and changes in
ownership with the Securities and Exchange Commission and are required to
furnish copies to the Company. To the best of the Company’s knowledge, any
reports required to be filed were timely filed in fiscal year ended December 31,
2008 and up to June 29, 2009.




Code
of Ethics




MoneyLogix
has adopted a Code of Business Conduct and Ethics applicable to our Directors,
Officers and Management. The code of Business Conduct and Ethics is filed
herewith as an exhibit.




Directors
and Committees




As of
December 31, 2009 the Company has only one director and, as such, has no
nominating, audit or other committees of its board of directors.  The
sole director of the Company does not qualify as an “audit committee financial
expert.”




As of
June 29, 2009 the Company has three non-independent directors as disclosed
above.  Currently, the board and management are searching for
qualified independent board of director members.




ITEM
11.  EXECUTIVE COMPENSATION




None




Compensation
of Directors




No
additional compensation was paid to Majid Haditaghi, our sole director for
fiscal 2008.




Stock
Option Grants In The Past Fiscal Year




None




ITEM
12.   SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND
MANAGEMENT




Name of Beneficial Owner
      (1)
              
              Number of Total
Shares
              
              
              Percent of class (1)Majid
      Haditaghi
              
              
              79,400,000
              
              
              
              98.3
              %All
      executive officersand
      directors as a group
              
              
              79,400,000
              
              
              
              98.3
              %




(1)
            Based
      on 80,763,586 shares of common stock issued and outstanding as of December
      31, 2008.




Name
      of Beneficial Owner (2)
              
              Number
      of Total Shares
              
              
              Percent
      of class (2)Majid
      Haditaghi
              
              
              79,400,000
              
              
              
              88.7
              %All
      executive officersand
      directors as a group
              
              
              79,400,000
              
              
              
              88.7
              %




(2)Based
on 89,538,586 shares of common stock issued and outstanding as of June 29,
2008.





12




ITEM
13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS.




None




ITEM
14.  PRINCIPAL ACCOUNTING FEES AND SERVICES




Audit
Fees




For the
Company's fiscal year ended December 31, 2008, we have incurred $7,500 and
accrued $5,250 for professional services rendered for the audit and reviews of
our financial statements.




For the
Company's fiscal year ended December 31, 2007, we had incurred $5,000 for
professional services rendered for the audit and reviews of our financial
statements.




All
Other Fees




None.





Effective
May 6, 2003, the Securities and Exchange Commission adopted rules that require
that before our auditor is engaged by us to render any auditing or permitted
non-audit related service, the engagement be:




-approved
by our audit committee; or





-entered
into pursuant to pre-approval policies and procedures established by the audit
committee, provided the policies and procedures are detailed as to the
particular  service,  the  audit committee is
informed of each service, and such policies and procedures do not include
delegation of the audit committee's responsibilities to management.





We do not
have an audit committee.  Our entire board of directors pre-approves
all services provided by our independent auditors.





The
pre-approval process has just been implemented in response to the new rules.
Therefore, our board of directors does not have records of what
percentage of the above fees were pre-approved.  However, all of the
above services and fees were reviewed and approved by the entire board of
directors either before or after the respective services were
rendered.




13




PART
IV




ITEM
15.  EXHIBITS AND FINANCIAL STATEMENT SCHEDULES





The
following documents are included as exhibits to this report pursuant to Item 601
of Regulation S-K.




5.0
                    Code
      of Business Conduct and Ethics31.1
                    Certification
      of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley
      Act of 200231.2
                    Certification
      of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley
      Act of 200232.1
                    Certification
      of Chief Executive Officer pursuant to Section 18 U.S.C. Section 1350, as
      adopted pursuant to Section 906 of the Sarbanes-Oxley Act of
      200232.2
                    Certification
      of Chief Financial Officer pursuant to Section 18 U.S.C. Section 1350, as
      adopted pursuant to Section 906 of the Sarbanes-Oxley Act of
      2002




SIGNATURES




Pursuant
to the requirements of Section 13 or 15(d) of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, there unto duly authorized.




MONEYLOGIX GROUP,
INC.


By:    /s/ Mike
      KnarrMike
      KnarrDirector
      ,Chief Executive Officerand
      President




Dated:
June 29, 2009




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





NAME
                  
                  TITLE
                  
                  DATE/s/ Mike
      Knarr
                  
                  Director,
      Chief Financial
                    Officer
      and President
                  
                  June
      29, 2009Mike
      Knarr




14




MONEYLOGIX
GROUP, INC.


[Formerly
Known as Homelife, Inc.]


(A
Development Stage Company)





FINANCIAL
STATEMENTS





DECEMBER
31, 2008





F1





MONEYLOGIX
GROUP, INC.


[Formerly
Known as Homelife, Inc.]


(A
Development Stage Company)


DECEMBER
31, 2008


CONTENTS




PageFINANCIAL
      STATEMENTSReport
      of Independent Registered Public Accounting Firm
                  
                  
                  F3Balance
      Sheets
                  
                  
                  F4Statements
      of Operations
                  
                  
                  F5Statements
      of Cash Flows
                  
                  
                  F6Statement
      of Stockholders’ Deficit
                  
                  
                  F7Notes
      to the Financial Statements
                  
                  
                  F8
      - F12




F2







REPORT OF
INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM




To the
Board of Directors and


Stockholders
of MoneyLogix Group, Inc.




We have
audited the accompanying balance sheets of MoneyLogix Group, Inc. as of December
31, 2008 and 2007, and the related statements of operations, stockholder's
deficit, and cash flows for the years then ended and for the period from
Inception (December 7, 2007) to December 31, 2008. MoneyLogix Group, Inc's
management is responsible for these financial statements. Our responsibility is
to express an opinion on these financial statements based on our
audits.




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




In our
opinion, the financial statements referred to above present fairly, in all
material respects, the financial position of MoneyLogix Group, Inc. as of
December 31, 2008 and 2007, and the results of its operations and its cash flows
for the years then ended and for the period from Inception (December 7, 2007) to
December 31, 2008 in conformity with accounting principles generally accepted in
the United States of America.




The
accompanying financial statements have been prepared assuming that the Company
will continue as a going concern. As discussed in Note 3 to the financial
statements, the Company's significant operating losses raise substantial doubt
about its ability to continue as a going concern. The financial statements do
not include any adjustments that might not result from the outcome of this
uncertainty.








Rochester,
New York


March 31,
2009





F3




MONEYLOGIX
GROUP, INC.


[Formerly
Known as Homelife, Inc.]


(A
Development Stage Company)


BALANCE
SHEETS




December 31,
                      2008
                    
                    
                    December 31,
                      2007ASSETSCurrent
      Assets
                    
                    
                    -
                    
                    
                    
                    -Total
      Assets
                    
                    $
                    -
                    
                    
                    $
                    -LIABILITIES
      AND STOCKHOLDERS' DEFICITCurrent
      LiabilitiesAccrued
      liabilities
                    
                    $
                    17,812
                    
                    
                    $
                    5,000Total
      Liabilities
                    
                    
                    17,812
                    
                    
                    
                    5,000Stockholders'
      DeficitPreferred
      Stock, $10 par value; 100,000 shares authorized, none issued (Note
      7)
                    
                    
                    -
                    
                    
                    
                    -Capital
      stock, $.001 par value; 100,000,000 shares authorized; 80,763,586 issued
      and outstanding (Note 7)
                    
                    
                    80,764
                    
                    
                    
                    80,000Additional
      Paid in Capital
                    
                    
                    275,056
                    
                    
                    
                    16,320Stock
      subscription receivable
                    
                    
                    (14,720
                    )
                    
                    
                    (14,720
                    )Deficit
      accumulated during the development stage
                    
                    
                    (358,912
                    )
                    
                    
                    (86,600
                    )Total
      Stockholders' Deficit
                    
                    
                    (17,812
                    )
                    
                    
                    (5,000
                    )Total
      Liabilities and Stockholders' Deficit
                    
                    $
                    -
                    
                    
                    $
                    -





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





F4




MONEYLOGIX
GROUP, INC.


[Formerly
Known as Homelife, Inc.]


(A
Development Stage Company)


STATEMENTS
OF OPERATIONS





For the Periodfrom December 7,Year Ended
                    
                    
                    2007 (inception)December 31,
                      2008
                    
                    
                    December 31,
                      2007
                    
                    
                    to December 31,
                      2008REVENUES
                    
                    $
                    -
                    
                    
                    $
                    -
                    
                    
                    $
                    -EXPENSESProfessional
      Fees
                    
                    
                    21,748
                    
                    
                    
                    5,000
                    
                    
                    
                    26,748Consulting
      Fees
                    
                    
                    -
                    
                    
                    
                    81,600
                    
                    
                    
                    81,600Cost
      of Reorganization
                    
                    
                    250,564
                    
                    
                    
                    -
                    
                    
                    
                    250,564TOTAL
      OPERATING EXPENSES
                    
                    
                    272,312
                    
                    
                    
                    86,600
                    
                    
                    
                    358,912NET
      LOSS
                    
                    $
                    (272,312
                    )
                    
                    $
                    (86,600
                    )
                    
                    $
                    (358,912
                    )Net
      loss per share - basic and diluted
                    
                    $
                    (0.00
                    )
                    
                    $
                    (0.00
                    )Weighted
      average number of shares outstanding - basic and diluted
                    
                    
                    80,443,656
                    
                    
                    
                    80,000,000





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




F5




MONEYLOGIX GROUP,
INC.


[Formerly
Known as Homelife, Inc.]


(A
Development Stage Company)


STATEMENTS
OF CASH FLOWS




Year Ended December
                      31, 2008
                    
                    
                    Year Ended
                      December 31,
                      2007
                    
                    
                    For the Period
                      from Inception
                      (December 7,
                      2007)
                      to
                      December 31,
                      2008Cash
      Flows from Operating ActivitiesNet
      loss
                    
                    
                    (272,312
                    )
                    
                    
                    (86,600
                    )
                    
                    $
                    (358,912
                    )Adjustments
      to reconcile net loss to net cash used in operating
      activities:Stock
      issued for services
                    
                    
                    -
                    
                    
                    
                    81,600
                    
                    
                    
                    81,600Non-Cash
      Cost of Reorganization
                    
                    
                    250,564
                    
                    
                    
                    
                    
                    
                    
                    250,564Expenses
      paid by Stockholder
                    
                    
                    8,936
                    
                    
                    
                    
                    
                    
                    
                    8,936(Increase)
      decrease in net assets:Accrued
      liabilities
                    
                    
                    12,812
                    
                    
                    
                    5,000
                    
                    
                    
                    17,812Net
      Cash Used in Operating Activities
                    
                    
                    -
                    
                    
                    
                    -
                    
                    
                    
                    -Cash
      Flows from Investing ActivitiesNet
      Cash Provided by Investing Activities
                    
                    
                    -
                    
                    
                    
                    -
                    
                    
                    
                    -Cash
      Flows from Financing Activities-
                    
                    
                    
                    -
                    
                    
                    
                    -Net
      Cash Provided by Financing Activities
                    
                    
                    -
                    
                    
                    
                    -
                    
                    
                    
                    -Net
      Decrease in Cash and Cash Equivalents
                    
                    
                    -
                    
                    
                    
                    -
                    
                    
                    
                    -Cash
      and Cash Equivalents - Beginning of Period
                    
                    
                    -
                    
                    
                    
                    -
                    
                    
                    
                    -Cash
      and Cash Equivalents - End of Period
                    
                    $
                    -
                    
                    
                    $
                    -
                    
                    
                    $
                    -Supplemental
      Cash Flow InformationInterest
      paid
                    
                    $
                    -
                    
                    
                    $
                    -
                    
                    
                    $
                    -Income
      taxes paid
                    
                    $
                    -
                    
                    
                    $
                    -
                    
                    
                    $
                    -




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


F6




MONEYLOGIX GROUP,
INC.


(A
Development Stage Company)


STATEMENTS
OF STOCKHOLDERS' DEFICIT


FOR
THE PERIOD FROM THE DATE OF INCEPTION


(DECEMBER
7, 2007) TO DECEMBER 31, 2008





Common Stock
                                      
                                      
                                      Preferred Stock
                                      
                                      Additional
                                        Paid-In
                                      
                                      
                                      Stock
                                        Subscription
                                      
                                      
                                      Deficit
                                        Accumulated
                                        During
                                        the
                                        Development
                                      
                                      
                                      Total
                                        Stockholders'Shares
                                      
                                      
                                      Amount
                                      
                                      
                                      Shares
                                      
                                      
                                      Amount
                                      
                                      
                                      Capital
                                      
                                      
                                      Receivable
                                      
                                      
                                      Stage
                                      
                                      
                                      DeficitIssuance of commonstock for services
                                      
                                      
                                      65,280,000
                                      *
                                      
                                      $
                                      65,280
                                      
                                      
                                      
                                      -
                                      
                                      
                                      $
                                      -
                                      
                                      
                                      $
                                      16,320
                                      
                                      
                                      $
                                      -
                                      
                                      
                                      $
                                      -
                                      
                                      
                                      $
                                      81,600Issuance
      of commonstock
                                      
                                      
                                      14,720,000
                                      *
                                      
                                      $
                                      14,720
                                      
                                      
                                      
                                      -
                                      
                                      
                                      $
                                      -
                                      
                                      
                                      $
                                      -
                                      
                                      
                                      $
                                      (14,720
                                      )
                                      
                                      $
                                      -
                                      
                                      
                                      $
                                      -Net
      loss
                                      
                                      
                                      -
                                      
                                      
                                      $
                                      -
                                      
                                      
                                      
                                      -
                                      
                                      
                                      $
                                      -
                                      
                                      
                                      $
                                      -
                                      
                                      
                                      $
                                      -
                                      
                                      
                                      $
                                      (86,600
                                      )
                                      
                                      $
                                      (86,600
                                      )Balance, December 31,
      2007
                                      
                                      
                                      80,000,000
                                      
                                      
                                      $
                                      80,000
                                      
                                      
                                      
                                      -
                                      
                                      
                                      $
                                      -
                                      
                                      
                                      
                                      16,320
                                      
                                      
                                      $
                                      (14,720
                                      )
                                      
                                      $
                                      (86,600
                                      )
                                      
                                      $
                                      (5,000
                                      )May
      28, 2008 Common Shares Outstanding to former HomeLife, Inc.
      Shareholders
                                      
                                      
                                      563,586
                                      
                                      
                                      $
                                      564
                                      
                                      
                                      
                                      -
                                      
                                      
                                      $
                                      -
                                      
                                      
                                      
                                      250,000
                                      
                                      
                                      $
                                      -
                                      
                                      
                                      $
                                      -
                                      
                                      
                                      $
                                      250,564June
      13, 2008  Issuance to former MoneylogixInc.
      Shareholder
                                      
                                      
                                      200,000
                                      
                                      
                                      $
                                      200
                                      
                                      
                                      
                                      -
                                      
                                      
                                      $
                                      -
                                      
                                      
                                      
                                      (200
                                      )
                                      
                                      $
                                      -
                                      
                                      
                                      $
                                      -
                                      
                                      
                                      $
                                      -September
      17, 2008 – Invoices Paid by Shareholder
                                      
                                      
                                      -
                                      
                                      
                                      $
                                      -
                                      
                                      
                                      
                                      -
                                      
                                      
                                      $
                                      -
                                      
                                      
                                      
                                      1,436
                                      
                                      
                                      $
                                      -
                                      
                                      
                                      $
                                      -
                                      
                                      
                                      $
                                      1,436May
      28, 2008 PreferredShares Outstanding of Former HomeLife, Inc.
      Shareholders
                                      
                                      
                                      -
                                      
                                      
                                      $
                                      -
                                      
                                      
                                      
                                      1,500
                                      
                                      
                                      $
                                      15,000
                                      
                                      
                                      
                                      -
                                      
                                      
                                      $
                                      -
                                      
                                      
                                      $
                                      -
                                      
                                      
                                      $
                                      15,000September
      25, 2008 – Preferred Shares Cancelled
                                      
                                      
                                      -
                                      
                                      
                                      $
                                      -
                                      
                                      
                                      
                                      (1,500
                                      )
                                      
                                      $
                                      (15,000
                                      )
                                      
                                      
                                      
                                      
                                      
                                      $
                                      -
                                      
                                      
                                      $
                                      -
                                      
                                      
                                      $
                                      (15,000
                                      )November
      18, 2008 -  Invoice Paid
                                      
                                      
                                      
                                      
                                      
                                      
                                      
                                      
                                      
                                      
                                      
                                      
                                      
                                      
                                      
                                      
                                      
                                      
                                      7,500
                                      
                                      
                                      
                                      
                                      
                                      
                                      
                                      
                                      
                                      
                                      
                                      7,500Net
      Loss
                                      
                                      
                                      -
                                      
                                      
                                      $
                                      -
                                      
                                      
                                      
                                      -
                                      
                                      
                                      $
                                      -
                                      
                                      
                                      
                                      -
                                      
                                      
                                      $
                                      -
                                      
                                      
                                      $
                                      (272,
      312
                                      )
                                      
                                      $
                                      (272,312
                                      )Balance, December 31,
      2008
                                      
                                      
                                      80,763,586
                                      
                                      
                                      $
                                      80,764
                                      
                                      
                                      
                                      -
                                      
                                      
                                      $
                                      -
                                      
                                      
                                      
                                      275,056
                                      
                                      
                                      $
                                      (14,720
                                      )
                                      
                                      $
                                      (358,912
                                      )
                                      
                                      $
                                      (17,812
                                      )




* Share
and per share amounts reflect the effect of the May 28, 2008
reorganization.





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




F7





MONEYLOGIX GROUP,
INC.
 [Formerly Known as Homelife,
Inc.]
 (A Development Stage
Company)
 NOTES TO THE FINANCIAL
STATEMENTS
 DECEMBER 31, 2008
  1.
              NATURE OF OPERATIONS AND
      ORGANIZATION
  Nature of Operations
  MoneyLogix Group, Inc. ("MoneyLogix" or
the “Company”), (formerly Homelife, Inc.), which registered a change of name
with the State of Nevada on January 29, 2008 was formerly know as Homelife, Inc.
and is organized under the laws of the State of Nevada. The Company is a
development stage company that is currently developing plans to strategically
acquire financial service companies whose businesses and markets served would
complement each other.
 
 Moneylogix Group, Inc. entered into a
share exchange agreement on January 3, 2008 with Moneylogix Inc., a Delaware
private corporation. The reverse merger transaction effected a change of control
of the Company. The accounting acquirer is MoneyLogix, Inc. and the historical
operations of the Company are the operations of MoneyLogix, Inc. Pursuant to the
terms of the share exchange agreement, the parties agreed to the
following:
 
 1.
              Mr. Cimerman, the former Company
      Chief executive and majority shareholder, agreed to transfer 458,000
      shares of the Company to the Company treasury in exchange for the spin off
      of all assets and liabilities of the Company to Mr. Cimerman. This was
      executed at closing on May 28, 2008. Mr. Cimerman still had a shareholder
      loan to be satisfied by the
Company;
 
 2.
              Moneylogix Group agreed to change
      the name of the Company from Homelife, Inc. to Moneylogix Group, Inc. This
      was executed on January 29th,
  2008;
 
 3.
              Moneylogix Group agreed to issue
      100,000,000 shares of our common stock to Moneylogix Inc. in exchange for
      100% of Moneylogix Inc.’s issued and outstanding stock. 80,000,000 shares
      of the Company were issued on May 28, 2008 to Moneylogix Inc. 100% of the
      shares of Moneylogix Inc. were transferred to Moneylogix Group making
      Moneylogix Inc. a wholly owned subsidiary of the Company on May 28, 2008.
      On June 13, 2008, 200,000 additional shares of the Company were issued to
      Moneylogix Inc. shareholders. 19,800,000 shares of the Company are still
      to be transferred to Moneylogix Inc. shareholders, post agreement closure
      on May 28, 2008, pending changes to the number of shares authorized for
      issuance;
 
 4.
              Moneylogix Inc. agreed to pay to
      the Company $250,000 for the satisfaction of all outstanding debt of the
      Company, including the outstanding amount owing to Mr.
      Cimerman. A current
      shareholder of Moneylogix Inc. made a payment of $250,000 to an agreed
      upon trust agent on May 28, 2008, to be released to the former majority
      shareholder upon on the complete satisfaction of all the terms of the
      agreement. The cash transaction occurred between shareholders and did not
      run through Moneylogix, Inc., therefore this is a non cash transaction
      included in Additional Paid in Capital in the accompanying Statements of
      Stockholder’s Deficit
 
 5.
              The Company will effect a 22 to 1
      reverse split of the Company’s stock. The 22 to 1 reverse stock split took
      place on May 28, 2008;
 
 6.
              Following the 22 to 1 reverse
      stock split, Moneylogix Group agreed to issue 490,310 shares of common
      stock (post 22-for-1 reverse stock split) to Mr. Cimerman, the former
      Company Chief executive and majority shareholder, in consideration for Mr.
      Cimerman retiring a certain portion of debt the Company owes him and
      cancelling 10,000 of Our Class A preferred shares and 50 of Our Class AA
      Preferred Shares held by Mr. Cimerman. It was agreed that the 490,310
      shares issued to Mr. Cimerman shall be restricted and locked up for
      transfer and monetization for 24 months. The 490,310 shares of common
      stock are included in the total 563,586 shares dated May 28, 2008 as
      Common Shares Outstanding to Former Homelife, Inc. Shareholders in the
      accompanying Statements of Stockholder’s
  Deficit.
 F8
 
 MONEYLOGIX GROUP,
INC.
 [Formerly Known as Homelife,
Inc.]
 (A Development Stage
Company)
 NOTES TO THE FINANCIAL
STATEMENTS
 DECEMBER 31, 2008
 
 2.
              BASIS OF
      PRESENTATION
  The Company has not earned any revenues
from limited principal operations and accordingly, the Company's activities have
been accounted for as those of a "Development Stage Enterprise" as set forth in
Statement of Financial Accounting Standards (“SFAS”) No. 7,Accounting
and Reporting by Development Stage Enterprises(“SFAS No. 7 “). Among the
disclosures required by SFAS No. 7 are that the Company's financial statements
be identified as those of a development stage company, and that the statements
of operations, stockholders' deficit and cash flows disclose activity since the
date of the Company's inception.
 
 3.
              GOING
    CONCERN
  These financial statements have been
prepared assuming the Company will continue on a going-concern basis. The
Company has incurred losses since inception and the ability of the Company to
continue as a going-concern depends upon its ability to develop profitable
operations and to continue to raise adequate financing. Management is actively
targeting sources of additional financing to provide continuation of the
Company’s operations. In order for the Company to meet its liabilities as they
come due and to continue its operations, the Company is solely dependent upon
its ability to generate such financing.
  There can be no assurance that the
Company will be able to continue to raise funds, in which case the Company may
be unable to meet is obligations. Should the Company be unable to realize its
assets and discharge its liabilities in the normal course of business, the net
realizable value of its assets may be materially less than the amounts recorded
in these financial statements.
  The financial statements do not include
any adjustments relating to the recoverability and classification of recorded
asset amounts and classification of liabilities that might be necessary should
the Company be unable to continue in existence.
  F9
 
 MONEYLOGIX GROUP,
INC.
 [Formerly Known as Homelife,
Inc.]
 (A Development Stage
Company)
 NOTES TO THE FINANCIAL
STATEMENTS
 DECEMBER 31, 2008
  4.
              SUMMARY OF SIGNIFICANT ACCOUNTING
      POLICIES
  The accounting policies of the Company
are in accordance with accounting principles generally accepted in the United
States of America. Presented below are those policies considered particularly
significant:
  Basis of Accounting
  The accompanying financial statements
have been prepared on the accrual basis of accounting in accordance with
accounting principles generally accepted in the United States of
America.
 
 Fair Value of Financial
Instruments
  The Company's financial instruments
consist of accrued liabilities. Unless otherwise noted, it is management's
opinion that the Company is not exposed to significant interest, currency or
credit risks arising from these financial instruments. The fair value of these
financial instruments approximate their carrying values at December 31, 2008 and
2007, unless otherwise noted.
  Income Taxes
  The Company accounts for income taxes
pursuant to SFAS No. 109,Accounting for
Income Taxes. Deferred tax
assets and liabilities are recorded for differences between the financial
statements and tax basis of the assets and liabilities that will result in
taxable or deductible amounts in the future based on enacted tax laws and rates.
Valuation allowances are established when necessary to reduce deferred tax
assets to the amount expected to be realized. Income tax expense is recorded for
the amount of income tax payable or refundable for the period increased or
decreased by the change in deferred tax assets and liabilities during the
period.
  Use of Estimates
  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 the 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. These estimates are reviewed periodically, and, as
adjustments become necessary, they are reported in earnings in the period in
which they become known.
  Earnings or Loss Per
Share
  The Company accounts for earnings per
share pursuant to SFAS No. 128,Earnings per
Share, which requires
disclosure on the financial statements of "basic" and "diluted" earnings (loss)
per share. Basic earnings (loss) per share is computed by dividing net income
(loss) by the weighted average number of common stock outstanding for the year.
Diluted earnings (loss) per share is computed by dividing net income (loss) by
the weighted average number of common stock outstanding plus common stock
equivalents (if dilutive) related to stock options and warrants for each
year.
  There were no dilutive financial
instruments for the period from December 7, 2007 (inception) to December 31,
2008.
 
 Stock-Based
Compensation
  In December 2004, the Financial
Accounting Standards Board (“FASB”) issued SFAS No. 123R,Share-Based
Payment("SFAS
No. 123R"). SFAS No. 123R establishes standards for the accounting for
transactions in which an entity exchanges its equity instruments for goods or
services. It also addresses transactions in which an entity incurs liabilities
in exchange for goods or services that are based on the fair value of the
entity’s equity instruments or that may be settled by the issuance of those
equity instruments. SFAS No. 123R focuses primarily on accounting for
transactions in which an entity obtains employee services in share-based payment
transactions. SFAS No. 123R requires that the compensation cost relating to
share-based payment transactions be recognized in the financial statements. That
cost will be measured based on the fair value of the equity or liability
instruments issued.
  F10
 
 MONEYLOGIX GROUP,
INC.
 [Formerly Known as Homelife,
Inc.]
 (A Development Stage
Company)
 NOTES TO THE FINANCIAL
STATEMENTS
 DECEMBER 31, 2008
  4.
              SUMMARY OF SIGNIFICANT ACCOUNTING
      POLICIES (Continued)
  Recent Accounting
Pronouncements
 
 In December 2007, the FASB issued SFAS
No. 141 (R)Business
Combinations. SFAS 141R
establishes principles and requirements for how the acquirer of a business
recognizes and measures in its financial statements the identifiable assets
acquired, the liabilities assumed, and any noncontrolling interest in the
acquiree. SFAS 141R also provides guidance for recognizing and measuring the
goodwill acquired in the business combination and determines what information to
disclose to enable users of the financial statements to evaluate the nature and
financial effects of the business combination. The guidance will become
effective as of the beginning of the Company’s fiscal year beginning after 15
December 2008. Management believes the adoption of this pronouncement will not
have a material impact on the Company's financial
statements.
 
 In December 2007, the Financial
Accounting Standards Board issued Statement of Financial Accounting Standard
(“SFAS”) No. 160, "Noncontrolling Interests in Consolidated Financial
Statements, an amendment of ARB No. 51”. SFAS 160 establishes accounting and
reporting standards for the noncontrolling interest in a subsidiary and for the
deconsolidation of a subsidiary. SFAS 160 is effective for fiscal years, and
interim periods within those fiscal years, beginning on or after December 15,
2008. As such, the Company is required to adopt these provisions at the
beginning of the fiscal year ended December 31, 2009/2010. The Company is
currently evaluating the impact of SFAS 160 on its financial statements but does
not expect it to have a material effect.
 
 In March 2008, the Financial Accounting
Standards Board (“FASB”) issued Statement of Financial Accounting Standard
(“SFAS”) No. 161, "Disclosures about
Derivative Instruments and Hedging Activities—an amendment of FASB Statement No.
133”. SFAS 161 requires
enhanced disclosures about an entity’s derivative and hedging activities. SFAS
161 is effective for financial statements issued for fiscal years and interim
periods beginning after November 15, 2008 with early application encouraged. As
such, the Company is required to adopt these provisions at the beginning of the
fiscal year ended December 31, 2009. The Company is currently evaluating the
impact of SFAS 161 on its financial statements but does not expect it to have a
material effect.
 
 In May 2008, the Financial Accounting
Standards Board issued Statement of Financial Accounting Standard (“SFAS”) No.
162, "The Hierarchy of
Generally Accepted Accounting Principles”. SFAS 162 identifies the sources of
accounting principles and the framework for selecting the principles used in the
preparation of financial statements of nongovernmental entities that are
presented in conformity with generally accepted accounting principles (GAAP) in
the United States. SFAS 162 is effective 60 days following the SEC’s approval of
the Public Company Accounting Oversight Board amendments to AU Section 411, The
Meaning of Present Fairly in Conformity With Generally Accepted Accounting
Principles. The Company is currently evaluating the impact of SFAS 162 on its
financial statements but does not expect it to have a material
effect.
 
 In May 2008, the Financial Accounting
Standards Board (“FASB”) issued Statement of Financial Accounting Standard
(“SFAS”) No. 163, "Accounting for
Financial Guarantee Insurance Contracts—an interpretation of FASB Statement No.
60" (“SFAS 163”). SFAS 163
interprets Statement 60 and amends existing accounting pronouncements to clarify
their application to the financial guarantee insurance contracts included within
the scope of that Statement. SFAS 163 is effective for financial statements
issued for fiscal years beginning after December 15, 2008, and all interim
periods within those fiscal years. As such, the Company is required to adopt
these provisions at the beginning of the fiscal year ended December 31, 2009.
The Company is currently evaluating the impact of SFAS 163 on its financial
statements but does not expect it to have a material
effect.
  F11
 
 MONEYLOGIX GROUP,
INC.
 [Formerly Known as Homelife,
Inc.]
 (A Development Stage
Company)
 NOTES TO THE FINANCIAL
STATEMENTS
 DECEMBER 31, 2008
  5.
              SUPPLEMENTAL CASH FLOW
      INFORMATION
  During the years
ended  December 31, 2008 and 2007, there was no interest or taxes paid
by the Company.
  6.
              INCOME
  TAXES
  The Company accounts for income taxes in
accordance with SFAS No. 109. SFAS No. 109 prescribes the use of the liability
method whereby deferred tax asset and liability account balances are determined
based on differences between the financial reporting and tax bases of assets and
liabilities and are measured using the enacted tax rates. The effects of future
changes in tax laws or rates are not anticipated.
  Under SFAS No. 109 income taxes are
recognized for the following: a) amount of tax payable for the current year, and
b) deferred tax liabilities and assets for future tax consequences of events
that have been recognized differently in the financial statements than for tax
purposes.
  The Company has income tax losses
available to be applied against future years income as a result of the losses
incurred since inception. However, due to the losses incurred in the period and
expected future operating results, management determined that it is more likely
than not that the deferred tax asset resulting from the tax losses available for
carry forward will not be realized through the reduction of future income tax
payments. Accordingly a 100% valuation allowance has been recorded for income
tax losses available for carry forward.
  7.
              CAPITAL
    STOCK
  a) Authorized
 
 100,000 Class A Preferred shares of no
par value, 6% non-cumulative dividend, voting, convertible to common shares at
the option of the shareholder at a price equal to the face value of the Class A
shares. Each Class A Preferred share carries 1,000 votes as compared with 1 vote
for each Common share.  There were no shares issued and outstanding at
December 31, 2008 and December 31, 2007.
 
 100,000,000 Common shares of $0.001 par
value
  Issued
  December 31,
                            
                            
                            December 31,2008
                            
                            
                            2007Shares Issued and
      Outstanding
                            
                            
                            80,763,586
                            
                            
                            
                            80,000,000
                            *$
                            80,764
                            
                            
                            $
                            80,000
  *Share and per share amounts reflect the
effect of the May 28, 2008 reorganization.
  F12