UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549 FORM 10-K [x]Annual report pursuant to Section
13 or 15(d) of the securities exchange act of 1934 For the fiscal year ended September 30,
2008.  [  ] Transition report pursuant to
Section 13 or 15(d) of the securities exchange act of 1934  Commission File No. 333-139699  CYTTA CORP.(Exact
name of registrant as specified in its charter)  Nevada
98-0505761State or other jurisdiction of
(IRS Employerincorporation or organization
Identification No. ) Suite 640, 602  12th Avenue
S.W., Calgary, AB  Canada  T2R
1J3(Address of principal executive offices)  Registrants telephone number, including
area code: (403) 613-7950  Securities registered pursuant to Section
12(b) of the Act: None. Securities registered pursuant to Section
12(g) of the Act: None. Indicate by check mark if the registrant is a well-known
seasoned issuer, as defined in Rule 405 of the Securities Act. [  ]  Yes  [X]  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  [X]  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. [X]
 Yes [  ]  No  Indicate by check mark if disclosure of delinquent filers
pursuant to Item 405 of Regulation S-K (§229.405 of this chapter) is not
contained herein, and will not be contained, to the best of registrants
knowledge, in definitive proxy or information statements incorporated by
reference in Part III of this Form 10-K or any amendment to this Form 10-K.
 [  ]  Indicate by check mark whether the registrant is a large
accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller
reporting company.  See the definitions of large accelerated filer,
accelerated filer and smaller reporting company in Rule 12b-2 of the
Exchange Act.  Large accelerated filer
[  ]

Accelerated filer
[  ]Non-accelerated filer
[  ](Do not check if a smaller reporting
company)

Smaller reporting company
[X]  Indicate by check mark whether the registrant is a shell
company (as defined in Rule 12b-2 of the Act). [ X]
Yes [ ]  No    State the aggregate market
value of the voting and non-voting common equity held by non-affiliates computed
by reference to the price at which the common equity was sold. $59,000
(2,950,000 common shares sold @ $0.02 per share)  Indicate the number of shares outstanding of each of the
registrants classes of common stock, as of the latest practicable date.As
of November 15, 2008, the registrant had 6,050,000 shares of common stock issued
and outstanding.   2    DOCUMENTS
INCORPORATED BY REFERENCE:  None  TABLE OF CONTENTS  PART
I 4 ITEM
1.  BUSINESS. 4 ITEM
1A.  RISK FACTORS. 6 ITEM
1B.  UNRESOLVED STAFF COMMENTS. 6 ITEM
2.  PROPERTIES. 6 ITEM
3.  LEGAL PROCEEDINGS. 6 ITEM
4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS. 6 PART
II 7 ITEM
5.  MARKET FOR REGISTRANTS COMMON EQUITY, RELATED STOCKHOLDER MATTERS
AND7 ISSUER
PURCHASES OF EQUITY SECURITIES. 7 ITEM
6.  SELECTED FINANCIAL DATA. 8 ITEM
7.  MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
OF OPERATIONS.8 ITEM
7A. QUANTITATIVE AND QUALITTATIVE DISCLOSURES ABOUT MARKET RISK.13 ITEM
8  FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA. 14 ITEM
9.  CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING
AND26 FINANCIAL
DISCLOSURE. 26 ITEM
9AT.  CONTROLS AND PROCEDURES. 26 ITEM
9B.  OTHER INFORMATION. 27 PART
III 27 ITEM
10.  DIRECTORS, EXECUTIVE OFFICERS, AND CORPORATE
GOVERNANCE. 27 ITEM
11.  EXECUTIVE COMPENSATION. 29 ITEM
12.  SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND
MANAGEMENT31 AND
RELATED STOCKHOLDER MATTERS. 31 ITEM
13.  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND
DIRECTOR32 INDEPENDENCE. 32 ITEM
14.  PRINCIPAL ACCOUNTING FEES AND SERVICES. 32 PART
IV 33 ITEM
15.   EXHIBITS, FINANCIAL STATEMENT SCHEDULES. 33 SIGNATURES 34    3    CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING
INFORMATION Except for
historical information, this report contains forward-looking statements within
the meaning of Section 21E of the Securities Exchange Act of 1934.  Such
forward-looking statements involve risks and uncertainties, including, among
other things, statements regarding our business strategy, future revenues and
anticipated costs and expenses.  Such forward-looking statements include,
among others, those statements including the words expect, anticipate,
intend, believe and similar language.  Our actual results may differ
significantly from those projected in the forward-looking statements.
 Factors that might cause or contribute to such differences include, but
are not limited to, those discussed in the sections Plan of Operation and
Business.  You are cautioned not to place undue reliance on the
forward-looking statements, which speak only as of the date of this report.
 We undertake no obligation to publicly release any revisions to the
forward-looking statements or reflect events or circumstances taking place after
the date of this document.   PART I   ITEM 1.  BUSINESS.  Business
Development Cytta Corp. was incorporated in
the State of Nevada on May 30, 2006, and our fiscal year-end isSeptember 30th. The company's administrative
offices are located at Suite 640, 602  12th Avenue SW, Calgary,
Alberta, T2R 1J3 and the telephone number is (403) 613-7950. Cytta Corp. has no revenues or
operations, and has only limited cash on hand. We have sustained losses since
inception and rely solely upon the sale of securities and loans from our
corporate officers and directors for funding. Cytta has never declared
bankruptcy, been in receivership, or involved in any kind of legal proceeding.
Cytta, its directors, officers, affiliates and promoters have not and do not
intend to enter into negotiations or discussions with representatives or owners
of any other businesses or companies regarding the possibility of an acquisition
or merger. Business of  Issuer Cytta Corp. is a web based
service provider in which general contractors in local areas can market their
services and users of their services can search for contractors in their area
and post remarks regarding timeliness, quality, and any other positive or
negative feedback regarding their experience or quality of craftsmanship with
that particular contractor. It will allow users of this service to find
reputable and quality contractors and it will give contractors a way to build
business through referrals outside of their immediate network not currently
available to them. Principal Products,
Services and Their Markets Cytta will accomplish its goal by
creating a user friendly website whereby contractors will purchase advertising
within their area of expertise and customers of those services will be able to
search for a contractor. We have concluded from the
$61,000 that we raised from our offering that this will be sufficient to develop
a user friendly and interactive web site, www.greattrades.com and our corporate site www.cytta.com.  It will also allow us to purchase
computer servers, advertise for customers and suppliers and promote our
site. We anticipate that development of
the website will take approximately four months, and sourcing customers will
begin upon completion of the website. We will advertise for customers through
trade magazines and other industry related websites, and approach the other
websites to engage in co-marketing agreements. Once we achieve a minimum of 10
contractors in a local market, we will release the website as a live interactive
platform. We will work on two geographical markets at one time.  We expect
to have enough contractors for our first two geographical areas in two to three
months, and then expect to begin generating near the end of 2009.  Our
primary focus is to attract the very best contractors and allow them to grow
their businesses and achieve a premium price for providing outstanding service
and quality of craftsmanship.  Distribution
Methods We will offer our services to
contractors via our website www.greattradespeople.com.    Status
of Publicly Announced New Products or Services Cytta currently has no new
publicly announced products or services.  Competitive Business
Conditions and Strategy; Cytta 's Position in the Industry Cytta intends to establish itself
as a competitive company in an already existing online advertising market.
Cytta's main competitors will be classified and less specific websites such as
craigslist. Our strategic approach is to
offer a promoted industry specific service and advertising dedicated to the home
renovation and/or construction sector.  Sources and Availability of
Raw Materials and Names of Principal Suppliers Cytta will be selling ad space on
our own website www.greattradespeople.com.  We do not expect to have any principal
suppliers.  Dependence on one or a few
major customers Cytta's business plan is
dependent upon finding customers who are all located in a single industry
concentrating initially on major U.S. cities with a population base of 3,000,000
or more.  Patents, Trademarks,
Licenses, Agreements or Contracts There are no aspects of our
business plan which require a patent, trademark, or product license. We have not
entered into any vendor agreements or contracts that give or could give rise to
any obligations or concessions. Governmental Controls,
Approval and Licensing Requirements We are not currently subject to
direct federal, state or local regulation other than regulations applicable to
businesses generally or directly applicable to electronic commerce. However, the
Internet is increasingly popular. As a result, it is possible that a number of
laws and regulations may be adopted with respect to the Internet. These laws may
cover issues such as user privacy, freedom of expression, pricing, content and
quality of products and services, taxation, advertising, intellectual property
rights and information security. Furthermore, the growth of electronic commerce
may prompt calls for more stringent consumer protection laws. Several states
have proposed legislation to limit the uses of personal user information
gathered online or require online services to establish privacy policies. The
Federal Trade Commission has also initiated action against at least one online
service regarding the manner in which personal information is collected from
users and provided to third parties. We will not provide personal information
regarding our users to third parties. However, the adoption of such consumer
protection laws could create uncertainty in Web usage and reduce the demand for
our products. We are not certain how our
business may be affected by the application of existing laws governing issues
such as property ownership, copyrights, encryption and other intellectual
property issues, taxation, libel, obscenity and export or import matters. The
vast majority of such laws were adopted prior to the advent of the Internet. As
a result, they do not contemplate or address the unique issues of the Internet
and related technologies. Changes in laws intended to address such issues could
create uncertainty in the Internet market place. Such uncertainty could reduce
demand for services or increase the cost of doing business as a result of
litigation costs or increased service delivery costs. In addition, because our services
will result in the distribution of advertisements over the Internet in multiple
states and foreign countries, other jurisdictions may claim that we are required
to qualify to do business in each such state or foreign country. We are
qualified to do business only in Nevada. Our failure to qualify in a
jurisdiction where it is required to do so could subject it to taxes and
penalties. It could also hamper our ability to enforce contracts in such
jurisdictions. The application of laws or regulations from jurisdictions whose
laws currently apply to our business could have a material adverse affect on our
business, results of operations and financial condition.    5    Research
and Development Activities and Costs Cytta has not and does not plan
to incur any research and development costs in the next year.  Compliance with
Environmental Laws There are no special
environmental laws for offering advertising services on the internet.  Number of Employees Cytta has no employees. Current
officers and directors are donating their time to thedevelopment of the Company, and intend to do
whatever work is necessary in order to bring us to the point of earning
revenues. We have no other employees, and we will not hire any employees until
the business generates revenue. Reports to Security Holders   The Company is not required to provide annual reports to
security holders.   We are subject to the reporting requirements of the Securities and Exchange Commission
(SEC) and will file reports including, but not limited
to, Annual Reports of Form 10-K, Quarterly Reports on Form 10-Q, Current Reports
on Form 8-K, and Proxy Statements on Schedule 14.   The public may read and copy any materials we file with
the SEC at the SECs Public Reference Room at 100 F Street N.E., Washington,
D.C. 20549.  The public may obtain information on the operation of the
Public Reference Room by calling the SEC at 1-800-SEC-0330.  The SEC
maintains an Internet site that contains reports, proxy and information
statements, and other information regarding issuers that file electronically
with the SEC and the address of that site is www.sec.gov.     ITEM 1A.  RISK FACTORS.  Not applicable.    ITEM 1B.  UNRESOLVED STAFF COMMENTS.  Not applicable.   ITEM 2.  PROPERTIES.  Cytta's principal place of business and corporate offices
are located at Suite 640, 602  12th Avenue SW, Calgary, Alberta,
Canada, T2R 1J3 and the telephone number is (403) 613-7950. The office is the
principle business of Robert Gosine and the Company does not pay any rent. We
have no intention of finding another office space to rent during the development
stage of the company.  Cytta does not currently have any investments or
interests in any real estate, nor do we have investments or an interest in any
real estate mortgages or securities of persons engaged in real estate
activities   ITEM 3.  LEGAL PROCEEDINGS.  We are not a party to any
pending or, to our knowledge, threatened legal proceedings.  ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF
SECURITY HOLDERS.  No matter was submitted during
the fourth quarter of the fiscal year ended September 30, 2008, to a vote of
security holders, through the solicitation of proxies or otherwise.   6    PART II   ITEM 5.  MARKET FOR REGISTRANTS COMMON EQUITY,
RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF
EQUITY SECURITIES.  Market
Information Our common stock is quoted on
the OTC Bulletin Board under the symbol CYTA.OB.  However, our common
stock has not been traded since our inception.  Accordingly, there is no
present market for our securities. Any quotations on the OTC
Bulletin Board would reflect inter-dealer prices, without retail mark-up,
mark-down or commission and may not represent actual transactions. As of November 15, 2008, there
were 43 record holders of our common stock. Status of our public offering  On January 10, 2007, our Form SB-2 registration statement
(SEC file no. 333-139699) was declared effective by the SEC. From January 2007
to July 2007, we partially completed our public offering by selling 3,050,000
shares of common stock to 41 persons in consideration of $61,000.  We
closed our offering on July 6th, 2007.  Common Stock  The holders of Common Stock currently (i) have equal
ratable rights to dividends from funds legally available therefore, when, as and
if declared by the Board of Directors of the Company; (ii) are entitled to share
ratably in all of the assets of the Company available for distribution to
holders of Common Stock upon liquidation, dissolution or winding up of the
affairs of the Company; (iii) do not have preemptive, subscription or conversion
rights and there are no redemption or sinking fund provisions or rights
applicable thereto; and (iv) are entitled to one non-cumulative vote per share
on all matters on which stockholders may vote. All shares of Common Stock now
outstanding are fully paid for and non-assessable and all shares of Common Stock
which are the subject of this Offering, when issued, will be fully paid for and
non-assessable. Reference is made to the Company's Articles of Incorporation,
By-Laws and the applicable statutes of the State of Nevada for a more complete
description of the rights and liabilities of holders of the Company's
securities.  Preferred Stock  While our Certificate of Incorporation authorizes the
issuance of 100,000,000 shares of preferred stock, $0.001 par value per share,
no preferred shares have been issued nor are contemplated to be issued in the
near future.  Non-cumulative Voting  The holders of shares of Common Stock of the Company do
not have cumulative voting rights, which means that the holders of more than 50%
of such outstanding shares, voting for the election of directors, can elect all
of the directors to be elected, if they so choose, and, in such event, the
holders of the remaining shares will not be able to elect any of the Company's
directors. As of November 15, 2008, the 2 officers and directors own 1.7% of the
outstanding shares.  Dividends  We have never declared any cash
dividends with respect to our common stock.  Future payment of dividends is
within the discretion of our board of directors and will depend on our earnings,
capital requirements, financial condition and other relevant factors.
 Although there are no material restrictions limiting, or that are likely
to limit, our ability to pay dividends on our common stock, we presently intend
to retain future earnings, if any, for use in our business and have no present
intention to pay cash dividends on our common stock. There are no restrictions in our
articles of incorporation or bylaws that prevent us from declaring dividends.
 The Nevada Revised Statutes, however, do prohibit us from declaring
dividends where, after giving effect to the distribution of the dividend:  7    1. We would not
be able to pay our debts as they become due in the usual course of business;
or 2. Our total assets
would be less than the sum of our total liabilities plus the amount that would
be needed to satisfy the rights of shareholders who have preferential rights
superior to those receiving the distribution.   Securities Authorized for Issuance Under Equity Compensation Plans  We have no authorized equity compensation plans and no
outstanding options, warrants or similar rights.  Recent Sales of Unregistered Securities  None.  Purchases of Equity Securities by the Issuer and
Affiliated Purchasers  We did not purchase any of our shares of common stock or
other securities during the year ended September 30, 2008.     ITEM 6.  SELECTED FINANCIAL DATA.  FromInception(May 30,2006) toYear Ended September 30,
September 30,2008
2007
2008Total expenses
$
        34,282
$
      23,315
$
         60,629Operating revenue
-
-
-Net loss from continuing operations
34,282
23,315
60,629Cash raised by financing activities
-
59,625
86,000Cash used in operating activities
28,473
16,609
51,464Cash and cash equivalents on hand
34,536
63,827
-Net loss per common share: Basic and Diluted
(0.01)
(0.01)
-Weighted average number of common shares
outstanding:Basic and diluted
6,050,000
3,927,404
-Cash dividends declared per common share
-
-
-Property and equipment, net
-
-
-Long-term debt
-
-
-Stockholders equity
25,371
59,653
-    ITEM 7.  MANAGEMENTS DISCUSSION AND ANALYSIS OF
FINANCIAL CONDITION AND RESULTS OF OPERATIONS.  Results of Operations  We are a
development stage corporation.  We have generated no revenues from our
business operations since inception and have incurred $60,629 in expenses
through September 30, 2008. The following table provides
selected financial data about our company for the fiscal year ended September
30, 2008 and 2007, respectively. Balance
Sheet Data September
30, 2008 September 30, 2007 Cash and
cash equivalents $ 34,536 $ 63,009 Total
assets $ 34.536 $ 63,827 Total
liabilities $ 9,165 $ 4,174 Shareholders
equity $ 25,371 $ 59,653  8     Our cash in the bank at
September 30, 2008 was $34,536.  Net cash provided by financing activities
since inception (June 21, 2006) through September 30, 2008 was $86,000, raised
from the sale of our common stock. Our auditors have issued an
opinion that there is a substantial doubt that we can continue as an on-going
business for the next 12 months, please refer to note 5 of our financial
statements. Plan of Operation Statements contained herein which are not historical
facts are forward-looking statements as that term is defined by the Private
Securities Litigation Reform Act of 1995. Although the Company believes that the
expectations reflected in such forward-looking statements are reasonable,
forward-looking statements are subject to risks and uncertainties that could
cause actual results to differ from those projected. The Company cautions
investors that any forward-looking statements made by the Company are not
guarantees of future performance and that actual results may differ materially
from those in the forward-looking statements. Such risks and uncertainties
include, without limitation: established competitors who have substantially
greater financial resources and operating histories, regulatory delays or
denials, ability to compete as a start-up company in a highly competitive
market, and access to sources of capital.  The following discussion and analysis should be read in
conjunction with our financial statements and notes thereto included elsewhere
in this Form 10-K. Except for the historical information contained herein, the
discussion in this Form 10-K contains certain forward-looking statements that
involve risks and uncertainties, such as statements of our plans, objectives,
expectations and intentions. The cautionary statements made in this Form 10-K
should be read as being applicable to all related forward-looking statements
wherever they appear in this Form 10-K. The Company's actual results could
differ materially from those discussed here.  Our auditors have issued a going concern
opinion. This means that there is substantial doubt that we can continue as an
on-going business for the next twelve months unless we obtain additional capital
to pay for our expenses. This is because we have not generated any revenues from
the sale of minerals and no sales are yet possible.  There is no assurance
we will ever reach this point. Accordingly, we must raise sufficient capital
from sources.  Our only other source for cash at this time is investments
by others. We must raise cash to stay in business. In response to these
problems, management intends to raise additional funds through public or private
placement offerings. Cytta is a development stage
company that has no operations, no revenue, no financial backing and limited
assets. Our plan is to develop a web-based advertising service to provide
contractors with opportunity to grow their businesses and achieve a premium
price for providing outstanding service and quality of craftsmanship. End users
will have the ability to hire or choose a contractor with the aid of reviewing
information available from other customers that have used those contractors
services. We will start operations by
contracting out the development of the website, as we have raised $61,000 from
our recent offering. During the next 12 months from
the date of this filing, Cytta will continue to concentrate on developing its
website, finding advertisers, and marketing those services offered by our
customers. We anticipate that development of
the website will take approximately four months from the date of this filing,
and sourcing customers will begin upon completion of the website. We will
advertise for customers through trade magazines and other industry related
websites, and approach the websites to engage in co-marketing agreements. Once
we achieve a minimum of 10 contractors in a local market, we will release the
website as a live interactive platform. We will work on two geographical markets
at one time.  We expect to have enough contractors for our first two
geographical areas in two to three months and then expect to begin generating
revenue. During the next year of
operations, our officers and directors will provide their labor at no charge. We
do not anticipate hiring any staff during the first 12 months of operation. The
difference between having the ability to sustain our cash flow requirements over
the next twelve months and the need for additional outside funding will depend
on how fast we can generate sales revenue. To meet our need for cash we have
raised $61,000 from our initial offering. We cannot guarantee that we raised
enough money through this offering to stay in business. The money we raised will
be applied to the items set forth  9    herein..
If the $61,000 we raised from our offering is not sufficient to proceed with the
full implementation of our business plan, we will have to find alternative
sources, like a second public offering, a private placement of securities, or
loans from our officers or others. Equity financing could result in additional
dilution to existing shareholders. If we are unable to meet our needs for cash
from either the money that we raised from our offering, or possible alternative
sources, then we may be unable to continue, develop, or expand our
operations. We have no plans to undertake any
product research and development and we have no plans or expectations to acquire
or sell any plant or significant equipment in the first year of operations. Limited Operating History;
Need for Additional Capital There is no historical financial
information about us upon which to base an evaluation of our performance.
 We are a development stage corporation and have not generated any revenues
from business operations.  We cannot guarantee we will be successful in our
business operations.  Our business is subject to risks inherent in the
establishment of a new business enterprise, including limited capital resources
and possible cost overruns due to price and cost increases in services and
products. We have no assurance that future
financing will be available to us on acceptable terms.  If financing is not
available on satisfactory terms, we may be unable to continue, develop or expand
our operations.  Equity financing could result in additional dilution to
existing shareholders. Currently, we have no financing
plans. Liquidity and Capital
Resources As of the date of this report,
we have yet to generate any revenues from our business operations. Since inception our main source
for cash has been the sale of our equity securities.  Upon inception, we
issued 3,000,000 shares of common stock to two directors for $25,000.
 Between January 2007 to July 2007, we issued 3,050,000 shares of common
stock to 41 persons in consideration of $61,000.  These shares were issued
pursuant to our Prospectus.  We raised a total of $86,000 from the sale of
our common stock. As of the date of this filing, we have yet to begin
operations and therefore have not generated any revenues.  As of September 30, 2008, our
cash was $34,536, our total assets were $34,536 and our total liabilities were
$9,165. Summary of Significant Accounting
Policies  Use of Estimates  The preparation of
financial statements in conformity with accounting principles generally accepted
in the United States of America 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 amount of revenues and expenses during the reporting
period.  Actual results could differ from those estimates. The Companys
periodic filings with the Securities and Exchange Commission include, where
applicable, disclosures of estimates, assumptions, uncertainties and markets
that could affect the financial statements and future operations of the
Company. Cash and Cash Equivalents  Cash and cash equivalents include cash in
banks, money market funds, and certificates of term deposits with maturities of
less than three months from inception, which are readily convertible to known
amounts of cash and which, in the opinion of management, are subject to an
insignificant risk of loss in value.  The Company had $34,536 in cash and
cash equivalents at September 30, 2008 ($63,009 - September 30, 2007).  Start-Up Costs  In accordance with the American Institute
of Certified Public Accountants Statement of Position 98-5, Reporting on the
Costs of Start-up Activities, the Company expenses all costs incurred in
connection with the start-up and organization of the Company.  10     Segmented Reporting  SFAS Number 131, Disclosure About
Segments of an Enterprise and Related Information, changed the way public
companies report information about segments of their business in their quarterly
reports issued to shareholders.  It also requires entity-wide disclosures
about the products and services an entity provides, the material countries in
which it holds assets and reports revenues and its major customers.  The
company presently operates only in Canada.  Earnings (Loss) Per Share of Common
Stock  The Company has adopted Financial
Accounting Standards Board (FASB) Statement Number 128, Earnings per
Share, (EPS) which requires presentation of basic and diluted EPS on the
face of the income statement for all entities with complex capital structures
and requires a reconciliation of the numerator and denominator of the basic EPS
computation to the numerator and denominator of the diluted EPS computation.
 In the accompanying financial statements, basic earnings (loss) per share
is computed by dividing net income (loss) by the weighted average number of
shares of common stock outstanding during the period.  Foreign Currency Transactions  The Companys functional currency is the
Canadian Dollar.  The Companys reporting currency is the U.S. Dollar.
 All transactions initiated in Canadian Dollars are translated to U.S.
Dollars in accordance with SFAS No. 52 Foreign Currency Translation as
follows:  (i) Monetary assets and
liabilities at the rate of exchange in effect at the balance sheet date; (ii) Equity at historical
rates; and (iii) Revenue and expense
items at the average rate of exchange prevailing during the period.  Adjustments arising from such translations
are deferred until realization and are included as a separate component of
stockholders equity as a component of comprehensive income or loss.
 Therefore, translation adjustments are not included in determining net
income (loss) but reported as other comprehensive income.  For foreign currency transactions, the
Company translates these amounts to the Companys functional currency at the
exchange rate effective on the invoice date.  If the exchange rate changes
between the time of purchase and the time actual payment is made, a foreign
exchange transaction gain or loss results which is included in determining net
income for the period.  No significant realized exchange gains or
losses were recorded from inception (May 30, 2006) to September 30, 2008.  Comprehensive Income (Loss)  SFAS No. 130, Reporting Comprehensive
Income, establishes standards for reporting and display of comprehensive income
and its components in a full set of general-purpose financial statements.
 For the year ended September 30, 2008 and the period ended September 30,
2007, the Company had no items of other comprehensive income.  Therefore,
net loss equals comprehensive loss for the year ended September 30, 2008 and the
period ended September 30, 2007.  Stock-Based Compensation  The Company adopted the provisions of
Statement of Financial Accounting Standards (SFAS) No. 123(R), Share-Based
Payment, which establishes accounting for equity instruments exchanged for
employee services.  Under the provisions of SFAS 123(R), stock-based
compensation cost is measured at the grant date, based on the calculated fair
value of the award, and is recognized as an expense over the employees
requisite service period (generally the vesting period of the equity grant).
 The Company accounts for share-based payments to non-employees, in
accordance with SFAS 123 (as originally issued) and Emerging Issues Task force
Issue No 96-18, Accounting for Equity Instruments That Are Issued to Other
Than Employees for Acquiring, or in Conjunction with Selling, Goods or
Services.   Revenue Recognition  The Company recognizes revenue from the
sale of products and services in accordance with the Securities and Exchange
Commission Staff Accounting Bulletin No. 104 (SAB 104), Revenue
Recognition in Financial Statements.  Revenue will consist of plant
sales income and will be recognized only when all of the following criteria have
been met:  11     (i) Persuasive evidence
for an agreement exists; (ii) Delivery has
occurred; (iii) The fee is fixed or
determinable; and (iv) Revenue is reasonably
assured.  Recent Accounting Pronouncements  None of the following
new pronouncements has current application to the Company, but will be
implemented in the Companys future financial reporting when applicable.   In May 2008, FASB
issued Financial Accounting Standards No. 163, Accounting for Financial
Guarantee Insurance Contracts - an interpretation of FASB Statement No. 60.
Diversity exists in practice in accounting for financial guarantee insurance
contracts by insurance enterprises under FASB Statement No. 60, Accounting and
Reporting by Insurance Enterprises. That diversity results in inconsistencies in
the recognition and measurement of claim liabilities because of differing views
about when a loss has been incurred under FASB Statement No. 5, Accounting for
Contingencies. This Statement requires that an insurance enterprise recognize a
claim liability prior to an event of default (insured event) when there is
evidence that credit deterioration has occurred in an insured financial
obligation. This Statement also clarifies how Statement 60 applies to financial
guarantee insurance contracts, including the recognition and measurement to be
used to account for premium revenue and claim liabilities. Those clarifications
will increase comparability in financial reporting of financial guarantee
insurance contracts by insurance enterprises. This Statement requires expanded
disclosures about financial guarantee insurance contracts. The accounting and
disclosure requirements of the Statement will improve the quality of information
provided to users of financial statements. This Statement is effective for
financial statements issued for fiscal years beginning after December 15, 2008,
and all interim periods within those fiscal years.   In May 2008, FASB issued Financial
Accounting Standards No. 162, The Hierarchy of Generally Accepted Accounting
Principles. This Statement identifies the sources of accounting principles
and the framework for selecting the principles to be 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 (the GAAP hierarchy). This Statement 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.  In March 2008, FASB issued Financial
Accounting Standards No. 161, Disclosure about Derivative Instruments and
Hedging Activities  an amendment to FASB Statement No. 133. The use and
complexity of derivative instruments and hedging activities have increased
significantly over the past several years. Constituents have expressed concerns
that the existing disclosure requirements in FASB Statement No. 133,
Accounting for Derivative Instruments and Hedging Activities, do not
provide adequate information about how derivative and hedging activities affect
an entitys financial position, financial performance, and cash flows.
Accordingly, this Statement requires enhanced disclosures about an entitys
derivative and hedging activities and thereby improves the transparency of
financial reporting. This Statement is effective for financial statements issued
for fiscal years and interim periods beginning after November 15, 2008.  In December 2007, FASB
issued Financial Accounting Standards No. 160, Noncontrolling Interests in
Consolidated Financial Statements - an amendment of ARB No. 51. This statement
amends ARB No. 51 to improve the relevance, comparability, and transparency of
the financial information that a reporting entity provides in its consolidated
financial statements by establishing accounting and reporting standards of the
portion of equity in a subsidiary not attributable, directly or indirectly, to a
parent.  SFAS 160 is effective for fiscal years, and interim periods with
those fiscal years, beginning on or after December 15, 2008 (that is, January 1,
2009, for entities with calendar year-ends).  In December 2007, FASB
issued a revision to Financial Accounting Standards No. 141 (revised 2007),
Business Combinations.  The objective of this Statement is to improve the
relevance, representational faithfulness, and comparability of the information
that a reporting entity provides in its financial reports about a business
combination and its effects. This Statement applies prospectively to business
combinations for which the acquisition date is on or after the beginning of the
first annual reporting period beginning on or after December 15, 2008.    12    ITEM 7A. QUANTITATIVE AND QUALITTATIVE DISCLOSURES ABOUT MARKET
RISK.  Not applicable.      13


ITEM 8  FINANCIAL
STATEMENTS AND SUPPLEMENTARY DATA.              CYTTA
CORP. (A Development Stage
Company)  AUDITED FINANCIAL STATEMENTS  SEPTEMBER 30, 2008 and 2007


14


CYTTA CORP. (A Development
Stage Company)  INDEX TO AUDITED
FINANCIAL STATEMENTS  FOR THE PERIOD OF MAY
30, 2006 (INCEPTION) TO SEPTEMBER 30, 2008   Page(s)  Report of
Independent Registered Public Accounting Firm 15  Balance
Sheets as of September 30, 2008 and 2007 16  Statements
of Operations for the Year Ended September 30, 2008 and 2007and from
Inception (May 30, 2006) to September 30, 2008 17  Statement of Changes in Stockholders
Equity for the Period of May 30, 2006 (Inception)
to September 30, 2008 18  Statements
of Cash Flows for the Year Ended September 30, 2008 and 2007and from
Inception (May 30, 2006) to September 30, 2008 19  Notes to
Financial Statements 20 - 24


15


MOORE &
ASSOCIATES, CHARTERED ACCOUNTANTS
AND ADVISORS PCAOB
REGISTERED   REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM   To
the Board of Directors Cytta Corp. (A
Development Stage Company)  We have
audited the accompanying balance sheets of Cytta Corp. (A Development Stage
Company) as of September 30, 2008 and September 30, 2007, and the related
statements of operations, stockholders equity and cash flows for the years
ended September 30, 2008, September 30, 2007 and since inception on May 30, 2006
through September 30, 2008. These financial statements are the responsibility of
the Companys management.  Our responsibility is to express an opinion on
these financial statements based on our audits.  We
conduct our audits in accordance with standards of the Public Company Accounting
Oversight Board (United States).  Those standards require that we plan and
perform the audits to obtain reasonable assurance about whether the financial
statements are free of material misstatement.  An audit includes examining,
on a test basis, evidence supporting the amounts and disclosures in the
financial statements.  An audit also includes assessing the accounting
principles used and significant estimates made by management, as well as
evaluating the overall financial statement presentation.  We believe that
our audits 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 Cytta Corp. (A Development Stage
Company) as of September 30, 2008 and September 30, 2007, and the related
statements of operations, stockholders equity and cash flows for the years
ended September 30, 2008, September 30, 2007 and since inception on May 30, 2006
through September 30, 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 5 to the financial
statements, the Company has a loss from operations of $34,282, an accumulated
deficit of $60,629 and working capital of $25,371, which raises substantial
doubt about its ability to continue as a going concern.  Managements plans
concerning these matters are also described in Note 5.  The financial
statements do not include any adjustments that might result from the outcome of
this uncertainty.   /s/ Moore & Associates, Chartered  Moore
& Associates, Chartered Las
Vegas, Nevada November 18, 2008  6490 West Desert Inn Rd, Las Vegas, NV 89146 (702) 253-7499
Fax (702) 253-7501


16


Cytta Corp. (A Development Stage Company) Balance Sheets As of September 30,     ASSETS2008


2007CURRENT ASSETSCash and cash
equivalents
$
34,536

$
63,009Prepaid expenses

-


818TOTAL ASSETS
$
34,536

$
63,827LIABILITIES
AND STOCKHOLDERS EQUITYCURRENT
LIABILITIESAccounts payable and accrued
liabilities
$
9,165

$
4,174TOTAL LIABILITIES

9,165


4,174STOCKHOLDERS'
EQUITYCapital
Stock (Note 3)Authorized:100,000,000
preferred shares, $0.001 par value100,000,000
common shares, $0.001 par valueIssued and outstanding
shares:6,050,000
common shares

6,050


6,050Additional paid-in capital

79,950


79,950Deficit accumulated during the
development stage

(60,629)


(26,347)Total Stockholders'
Equity

25,371


59,653TOTAL LIABILITIES AND
STOCKHOLDERS' EQUITY
$
34,536

$
63,827        -The accompanying notes
are an integral part of these financial statements -


17


Cytta Corp. (A Development Stage Company) Statements of Operations     Cumulative
fromInception(May 30, 2006)
toYear Ended
September 30,


September
30,2008


2007


2008REVENUES







$
-

$
-

$
-OPERATING
EXPENSESProfessional fees








14,160


19,817


37,365General and
administrative








20,122


3,498


23,264Total Operating
Expenses








34,282


23,315


60,629Other Income
(Expense)








-


-


-Provision
for Income Taxes(Note
4)








-


-


-Net (Loss)







$
(34,282)

$
(23,315)

$
(60,629)PER SHARE DATA:Basic and diluted loss percommon share







$
(0.01)

$
(0.01)Weighted average number
ofcommon shares
outstanding








6,050,000


3,927,404                    -The accompanying notes
are an integral part of these financial statements -


18


Cytta Corp. (A Development Stage Company) Statement of Stockholders Equity For the Period of May 30, 2006 (Inception) to September 30,
2008      DeficitAccumulatedAdditional

During theCommon
Stock

Paid-in

DevelopmentShares

Amount

Capital

Stage


TotalInception
- May 30, 2006


-

$
-

$
-

$
-

$
-Common
shares issued to a founder at$0.005
cash per share, June 30, 2006


1,000,000


1,000


4,000


-


5,000Common
shares issued to founders at$0.01
cash per share, September 30, 2006


2,000,000


2,000


18,000


-


20,000Loss
for the period


-


-


-


(3,032)


(3,032)Balance
- September 30, 2006
3,000,000

$
3,000

$
22,000

$
(3,032)

$
21,968Common
shares issued for cash at$0.02
per share, July 6, 2007


3,050,000


3,050


57,950


-


61,000Loss
for the year


-


-


-


(23,315)


(23,315)Balance
- September 30, 2007

6,050,000

$
6,050

$
79,950

$
(26,347)

$
59,653Loss
for the year

-


-


-


(34,282)


(34,282)Balance
 September 30, 2008

6,050,000

$
6,050

$
79,950

$
(60,629)

$
25,371       -The accompanying notes
are an integral part of these financial statements -


19


Cytta Corp. (A Development Stage Company) Statements of Cash Flows    Cumulative fromInception(May 30, 2006) toYear Ended September 30,

September 30,2008


2007

2008OPERATING
ACTIVITIESNet
loss
$
(34,282)

$
(23,315)

$
(60,629)Changes
in Operating Assets and Liabilities:Decrease
in prepaid expenses

818


4,032


-Increase
in accounts payable and accrued liabilities

4,991


2,674


9,165Net
Cash Used in Operating Activities

(28,473)


(16,609)


(51,464)INVESTING
ACTIVITIESNet
Cash Provided by (Used in) Investing Activities

-


-


-FINANCING
ACTIVITIESIssuance
of capital stock

-


61,000


86,000Advances
from (payments to) related party

-


(1,375)


-Net
Cash Provided by Financing Activities

-


59,625


86,000NET
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

(28,473)


43,016


34,536CASH
AND CASH EQUIVALENTS AT BEGINNING OF PERIOD

63,009


19,993


-CASH
AND CASH EQUIVALENTS AT END OF PERIOD
$
34,536

$
63,009

$
34,536Supplemental
Cash Flow Disclosures:Cash
paid for Interest
$
-

$
-

$
-Cash
paid for Income Taxes
$
-

$
-

$
-        -The accompanying notes
are an integral part of these financial statements -


20


Cytta Corp. (A Development Stage Company) Notes to Financial Statements September 30, 2008 and 2007     NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS  Cytta Corp., (the Company) was incorporated on May 30, 2006
under the laws of the State of Nevada.  It is located in Vancouver, British
Columbia, Canada.  The accounting and reporting policies of the Company
conform to accounting principles generally accepted in the United States of
America, and the Companys fiscal year end is September 30. The Company is a development stage company that intends to develop
and operate a website where tradespeople/contractors can offer their services.
 To date, the Companys activities have been limited to its formation and
the raising of equity capital.  NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  Use of Estimates  The preparation of financial statements in conformity with
accounting principles generally accepted in the United States of America
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 amount of
revenues and expenses during the reporting period.  Actual results could
differ from those estimates. The Companys periodic filings with the Securities
and Exchange Commission include, where applicable, disclosures of estimates,
assumptions, uncertainties and markets that could affect the financial
statements and future operations of the Company. Cash and Cash Equivalents  Cash and cash equivalents include cash in banks, money market
funds, and certificates of term deposits with maturities of less than three
months from inception, which are readily convertible to known amounts of cash
and which, in the opinion of management, are subject to an insignificant risk of
loss in value.  The Company had $34,536 and $63,009 in cash and cash
equivalents at September 30, 2008 and 2007, respectively.  Start-Up Costs  In accordance with the American Institute of Certified Public
Accountants Statement of Position 98-5, Reporting on the Costs of Start-up
Activities, the Company expenses all costs incurred in connection with the
start-up and organization of the Company.  Segmented Reporting  SFAS Number 131, Disclosure About Segments of an Enterprise
and Related Information, changed the way public companies report
information about segments of their business in their quarterly reports issued
to shareholders.  It also requires entity-wide disclosures about the
products and services an entity provides, the material countries in which it
holds assets and reports revenues and its major customers.  The company
presently operates only in Canada.


21


Cytta Corp. (A Development Stage Company) Notes to Financial Statements September 30, 2008 and 2007     NOTE
2 - SUMMARY
OF SIGNIFICANT ACCOUNTING POLICIES (continued)  Earnings (Loss) Per Share of Common Stock  The Company has adopted Financial Accounting Standards Board
(FASB) Statement Number 128, Earnings per Share, (EPS) which
requires presentation of basic and diluted EPS on the face of the income
statement for all entities with complex capital structures and requires a
reconciliation of the numerator and denominator of the basic EPS computation to
the numerator and denominator of the diluted EPS computation.  In the
accompanying financial statements, basic earnings (loss) per share is computed
by dividing net income (loss) by the weighted average number of shares of common
stock outstanding during the period.  Foreign Currency Transactions  The Companys functional currency is the Canadian Dollar.
 The Companys reporting currency is the U.S. Dollar.  All
transactions initiated in Canadian Dollars are translated to U.S. Dollars in
accordance with SFAS No. 52 Foreign Currency Translation as follows:  (i) Monetary assets and liabilities at the rate of exchange in effect
at the balance sheet date; (ii) Equity at historical rates; and (iii) Revenue and expense items at the average rate of exchange
prevailing during the period.  Adjustments arising from such translations are deferred until
realization and are included as a separate component of stockholders equity as
a component of comprehensive income or loss.  Therefore, translation
adjustments are not included in determining net income (loss) but reported as
other comprehensive income.  For foreign currency transactions, the Company translates these
amounts to the Companys functional currency at the exchange rate effective on
the invoice date.  If the exchange rate changes between the time of
purchase and the time actual payment is made, a foreign exchange transaction
gain or loss results which is included in determining net income for the
period.  No significant realized exchange gains or losses were recorded
from inception (May 30, 2006) to September 30, 2008.  Comprehensive Income (Loss)  SFAS No. 130, Reporting Comprehensive Income, establishes
standards for reporting and display of comprehensive income and its components
in a full set of general-purpose financial statements.  From inception (May
30, 2006) to September 30, 2008, the Company had no items of other comprehensive
income.  Therefore, net loss equals comprehensive loss from inception (May
30, 2006) to September 30, 2008.


22


Cytta Corp. (A Development Stage Company) Notes to Financial Statements September 30, 2008 and 2007    NOTE
2 - SUMMARY
OF SIGNIFICANT ACCOUNTING POLICIES (continued)  Stock-Based Compensation  The Company adopted the provisions of Statement of Financial
Accounting Standards (SFAS) No. 123(R), Share-Based Payment, which
establishes accounting for equity instruments exchanged for employee services.
 Under the provisions of SFAS 123(R), stock-based compensation cost is
measured at the grant date, based on the calculated fair value of the award, and
is recognized as an expense over the employees requisite service period
(generally the vesting period of the equity grant).  The Company accounts
for share-based payments to non-employees, in accordance with SFAS 123 (as
originally issued) and Emerging Issues Task force Issue No 96-18, Accounting
for Equity Instruments That Are Issued to Other Than Employees for Acquiring, or
in Conjunction with Selling, Goods or Services.  Revenue Recognition  The Company recognizes revenue from the sale of products and
services in accordance with the Securities and Exchange Commission Staff
Accounting Bulletin No. 104 (SAB 104), Revenue Recognition in Financial
Statements.  Revenue will consist of plant sales income and will be
recognized only when all of the following criteria have been met:  (i) Persuasive evidence for an agreement exists; (ii) Delivery has occurred; (iii) The fee is fixed or determinable; and (iv) Revenue is reasonably assured.  Recent Accounting Pronouncements  None of the following new pronouncements has current application
to the Company, but will be implemented in the Companys future financial
reporting when applicable.  In May 2008, FASB issued Financial Accounting Standards No. 163,
Accounting for Financial Guarantee Insurance Contracts - an interpretation
of FASB Statement No. 60. Diversity exists in practice in accounting for
financial guarantee insurance contracts by insurance enterprises under FASB
Statement No. 60, Accounting and Reporting by Insurance Enterprises. That
diversity results in inconsistencies in the recognition and measurement of claim
liabilities because of differing views about when a loss has been incurred under
FASB Statement No. 5, Accounting for Contingencies. This Statement requires that
an insurance enterprise recognize a claim liability prior to an event of default
(insured event) when there is evidence that credit deterioration has occurred in
an insured financial obligation. This Statement also clarifies how Statement 60
applies to financial guarantee insurance contracts, including the recognition
and measurement to be used to account for premium revenue and claim liabilities.
Those clarifications will increase comparability in financial reporting of
financial guarantee insurance contracts by insurance enterprises. This Statement
requires expanded disclosures about financial guarantee insurance contracts. The
accounting and disclosure requirements of the Statement will improve the quality
of information provided to users of financial statements. This Statement is
effective for financial statements issued for fiscal years beginning after
December 15, 2008, and all interim periods within those fiscal years.


23


Cytta Corp. (A Development Stage Company) Notes to Financial Statements September 30, 2008 and 2007     NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)  Recent Accounting Pronouncements (continued)  In
May 2008, FASB issued Financial Accounting Standards No. 162, The Hierarchy
of Generally Accepted Accounting Principles. This Statement identifies the
sources of accounting principles and the framework for selecting the principles
to be 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 (the GAAP hierarchy). This Statement 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.  In
March 2008, FASB issued Financial Accounting Standards No. 161, Disclosure
about Derivative Instruments and Hedging Activities  an amendment to FASB
Statement No. 133. The use and complexity of derivative instruments and
hedging activities have increased significantly over the past several years.
Constituents have expressed concerns that the existing disclosure requirements
in FASB Statement No. 133, Accounting for Derivative Instruments and Hedging
Activities, do not provide adequate information about how derivative and
hedging activities affect an entitys financial position, financial performance,
and cash flows. Accordingly, this Statement requires enhanced disclosures about
an entitys derivative and hedging activities and thereby improves the
transparency of financial reporting. This Statement is effective for financial
statements issued for fiscal years and interim periods beginning after November
15, 2008.  In December 2007, FASB issued Financial Accounting Standards No.
160, Noncontrolling Interests in Consolidated Financial Statements - an
amendment of ARB No. 51. This statement amends ARB No. 51 to improve the
relevance, comparability, and transparency of the financial information that a
reporting entity provides in its consolidated financial statements by
establishing accounting and reporting standards of the portion of equity in a
subsidiary not attributable, directly or indirectly, to a parent.  SFAS 160
is effective for fiscal years, and interim periods with those fiscal years,
beginning on or after December 15, 2008 (that is, January 1, 2009, for entities
with calendar year-ends).  In December 2007, FASB issued a revision to Financial Accounting
Standards No. 141 (revised 2007), Business Combinations.  The objective
of this Statement is to improve the relevance, representational faithfulness,
and comparability of the information that a reporting entity provides in its
financial reports about a business combination and its effects. This Statement
applies prospectively to business combinations for which the acquisition date is
on or after the beginning of the first annual reporting period beginning on or
after December 15, 2008.  NOTE 3 -   CAPITAL STOCK  Authorized
Stock  The Company has authorized 100,000,000 common shares and
100,000,000 preferred shares, both with a par value of $0.001 per share.
 Each common share entitles the holder to one vote, in person or proxy, on
any matter on which action of the stockholders of the corporation is sought.


24


Cytta Corp. (A Development Stage Company) Notes to Financial Statements September 30, 2008 and 2007     NOTE 3 -   CAPITAL STOCK (continued)  Share Issuance  From inception of the Company on May 30, 2006, the Company has
issued 1,000,000 common shares at $0.005 per share, 2,000,000 common shares at
$0.01 per share and 3,050,000 common shares at $0.02 per share resulting in
total proceeds of $86,000 and 6,050,000 common shares issued and outstanding at
September 30, 2008 and 2007. Of these shares, 3,000,000 were issued to directors
and officers of the Company and 3,050,000 were issued to independent investors.  There are no preferred shares outstanding.  The Company has
issued no authorized preferred shares.The Company has no stock
option plan, warrants, or other dilutive securities.  NOTE 4 - PROVISION FOR INCOME TAXES  The Company recognizes the tax effects of transactions in the year
in which such transactions enter into the determination of net income,
regardless of when reported for tax purposes. Deferred taxes are provided in the
financial statements under SFAS No. 109 to give effect to the resulting
temporary differences which may arise from differences in the bases of fixed
assets, depreciation methods, allowances, and start-up costs based on the income
taxes expected to be payable in future years. Minimal development stage deferred
tax assets arising as a result of net operating loss carryforwards have been
offset completely by a valuation allowance due to the uncertainty of their
utilization in future periods. Operating loss carryforwards generated during the
period from May 30, 2006 (date of inception) through September 30, 2008 of
approximately $60,629 will begin to expire in 2026. Accordingly, deferred tax
assets of approximately $21,000 were offset by the valuation allowance that
increased by approximately $12,100 and $7,900 during the year ended September
30, 2008 and 2007, respectively. NOTE 5 - GOING CONCERN AND LIQUIDITY CONSIDERATIONS  The accompanying financial statements have been prepared assuming
that the Company will continue as a going concern, which contemplates the
realization of assets and the liquidation of liabilities in the normal course of
business.  As at September 30, 2008, the Company has a loss from operations
of $34,282, an accumulated deficit of $60,629, and working capital of $25,371
and has earned no revenues since inception.  The Company intends to fund
operations through equity financing arrangements, which may be insufficient to
fund its capital expenditures, working capital and other cash requirements for
the year ending September 30, 2008.  The ability of the Company to emerge from the development stage is
dependent upon, among other things, obtaining additional financing to continue
operations, and development of its business plan.  In response to these problems, management intends to raise
additional funds through public or private placement offerings.  These factors, among others, raise substantial doubt about the
Companys ability to continue as a going concern.  The accompanying
financial statements do not include any adjustments that might result from the
outcome of this uncertainty.


25


ITEM 9.  CHANGES IN AND DISAGREEMENTS WITH
ACCOUNTANTS ON ACCOUNTING AND FINANCIAL
DISCLOSURE.  None.  Not applicable.   ITEM 9AT.  CONTROLS AND PROCEDURES.  Disclosure Controls and Procedures  Under the supervision and with the participation of our
management, including our principal executive officer and the principal
financial officer, we have conducted an evaluation of 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 Securities Exchange Act of 1934, as of
the end of the period covered by this report. Based on this evaluation, our
principal executive officer and principal financial officer concluded as of the
evaluation date that our disclosure controls and procedures were effective such
that the material information required to be included in our Securities and
Exchange Commission reports is recorded, processed, summarized and reported
within the time periods specified in SEC rules and forms relating to our
company, including any consolidating subsidiaries, and was made known to us by
others within those entities, particularly during the period when this report
was being prepared.  Managements Annual Report on Internal Control Over
Financial Reporting.  The management of the Company is responsible for
establishing and maintaining adequate internal control over financial reporting.
The internal control process has been designed, under our supervision, to
provide reasonable assurance regarding the reliability of financial reporting
and the preparation of the Companys financial statements for external reporting
purposes in accordance with accounting principles generally accepted in the
United States of America.  Management conducted an assessment of the effectiveness
of the Companys internal control over financial reporting as of September 30,
2008, including (i) the control environment, (ii) risk assessment, (iii) control
activities, (iv) information and communication, and (v) monitoring. Based on
this assessment, management has determined that the Companys internal control
over financial reporting as of September 30, 2008 was
effective.  Our evaluation of internal control over financial
reporting includes using the COSO framework, an integrated framework for the
evaluation of internal controls issued by the Committee of Sponsoring
Organizations of the Treadway Commission, to identify the risks and control
objectives related to the evaluation of our control environment.  The
internal controls for the Company are provided by executive managements review
and approval of all transactions.  Our internal control over financial reporting includes
policies and procedures that pertain to the maintenance of records that
accurately and fairly reflect, in reasonable detail, transactions and
dispositions of assets; and provide reasonable assurances that: (1) transactions
are recorded as necessary to permit preparation of financial statements in
accordance with accounting principles generally accepted in the United States;
(2) receipts and expenditures are being made only in accordance with
authorizations of management and the directors of the Company; and (3)
unauthorized acquisitions, use, or disposition of the Companys assets that
could have a material affect on the Companys financial statements are prevented
or timely detected.  All internal control systems, no matter how well
designed, have inherent limitations. Therefore, even those systems determined to
be effective can provide only reasonable assurance with respect to financial
statement preparations and presentations. Also, projections of any evaluation of
effectiveness to future periods are subject to the risk that controls may become
inadequate because of changes in conditions, or that the degree of compliance
with the policies or procedures may deteriorate.  Changes in Internal Control Over Financial
Reporting.


26


There were no significant changes in our internal
controls or in other factors that could significantly affect these controls
subsequent to the evaluation date. We have not identified any significant
deficiencies or material weaknesses in our internal controls, and therefore
there were no corrective actions taken.   ITEM 9B.  OTHER INFORMATION.  No
items required to be reported on Form 8-K during the fourth quarter of the year
covered by this report were not previously reported on Form 8-K.   PART
III   ITEM 10.  DIRECTORS, EXECUTIVE OFFICERS, AND
CORPORATE GOVERNANCE.  Executive Officers and Directors    Directors are elected by the stockholders to a term of
one year and serve until their successor is elected and qualified.
 Officers are elected by the Board of Directors to a term of one year and
serve until their successor is duly elected and qualified, or until they are
removed from office. The Board of Directors has no nominating, auditing or
compensation committees.  The following table sets forth certain information, as of
November 15, 2008, with respect to our two officers and directors:  Name and Address
Age
PositionsRobert Gosine
Suite 640, 602-12th Avenue,
Calgary, AB, Canada, T2R 1J3
51
President, Chief Executive Officer, Chief Financial
Officer, Treasurer and member of the Board of DirectorsAmber-Dawn Bear Robe
3102 East Seneca Street
Tuscan, AZ, USA, 85716
34
Secretary and member of the Board of
Directors  Robert Gosine has held the positions of President, CEO,
CFO, Treasurer, and director since September 9, 2008.  Amber-Dawn Bear Robe
has held the position of Secretary and director since September 9, 2008. The
persons named above are expected to hold said offices/positions until the next
annual meeting of our stockholders.  Background of our Officer and Directors  Robert Gosine  Robert Gosine is a founding partner of Summit Search
Group. He brings over twenty years of executive search experience. Prior to
starting Summit Search Group, Robert was instrumental in establishing the
premier search firm in the management, information technology, sales, and
engineering fields within Atlantic Canada. Robert has been instrumental in
building leading sales teams for large multi-national, national, and regional
clients.  He spent his early professional years in sales management roles
within the consumer goods, high tech and service industries. Robert graduated
from Dalhousie University with a Bachelor of Commerce.  Amber Bear Robe  Amber-Dawn Bear Robe is currently completing her MA
thesis in American Indian Studies at the University of Arizona, Tucson. She
completed a Curatorial Work-Study program at The Banff Centre's, Walter Phillips
Gallery and interned at the University of British Columbia's Museum of
Anthropology.  Bear Robe received her Bachelor of Fine Arts in 1996 from
The Alberta College of Art & Design and has since curated exhibitions of
works from the


27


Walter Phillips Gallery's collection titled Ksakom
Itapiks (Earth Beings) and LOGOINDIAN, an exhibition at the Glenbow Museum.   Involvement in Certain Legal
Proceedings  To our knowledge, during the past five years, no present
or former director or executive officer of our company: (1) 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; (2) was convicted in a criminal
proceeding or named subject of a pending criminal proceeding (excluding traffic
violations and other minor offenses); (3) was 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; (4) was 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; (5) was 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
was not subsequently reversed, suspended or vacated; (6) was 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.  Board of Directors  None of our directors receive any
remuneration for acting as such.  Directors may however be reimbursed for
their expenses, if any, for attendance at meetings of the Board of Directors.
 Our Board of Directors may designate from among its members an executive
committee and one or more other committees.  No such committees have been
appointed to date.  Accordingly, we do not have an audit committee or an
audit committee financial expert.  We are presently not required to have an
audit committee financial expert and do not believe we otherwise need one at
this time due to our lack of material business operations.  Similarly we do
not have a nominating committee or a committee performing similar functions.
 Our entire board serves the functions of an audit committee and a
nominating committee.  We have not implemented procedures by which our
security holders may recommend board nominees to us but expect to do so in the
future, when and if we engage in material business operations.  We are not presently required to have independent
directors.  Our two directors, Robert Gosine and Amber-Dawn Bear Robe are
not independent.  If we ever become a listed issuer whose securities are
listed on a national securities exchange or on an automated inter-dealer
quotation system of a national securities association, which has independent
director requirements, we intend to comply with all applicable requirements
relating to director independence.  Employment Agreements  We have no employment contracts with any of our officers
or employees.  Control Persons  The following shareholders are
considered control persons, as that term is defined in the rules and regulations
promulgated under the Securities and Exchange Act of 1933.


28


Name and Address
Age
PositionsChad Rutherford
710 West 16th Avenue,
Vancouver, BC, Canada, V5Z 1S7
38
ShareholderBrad Prystupa
19 - 2100 Boucherie Road
Westbank, BC, Canada, V4T 2X1
40
Shareholder   Compliance with Section 16(a) of the Exchange
Act  Because we do not have a class of equity securities
registered pursuant to Section 12 of the Exchange Act, our executive officers,
directors and persons who beneficially own more than 10% of our common stock are
not required to file initial reports of ownership and reports of changes in
ownership with the SEC under Section 16(a) of the Exchange Act.  Audit Committee and Audit Committee Financial
Expert Disclosure  The Companys Board of Directors does not have a
separately designated audit committee and an audit committee financial expert.
Audit committee functions are performed by our board of directors. None of our
directors are deemed independent. All directors also hold positions as our
officers. Our audit committee is responsible for: (1) selection and oversight of
our independent accountant; (2) establishing procedures for the receipt,
retention and treatment of complaints regarding accounting, internal controls
and auditing matters; (3) establishing procedures for the confidential,
anonymous submission by our employees of concerns regarding accounting and
auditing matters; (4) engaging outside advisors; and, (5) funding for the
outside auditory and any outside advisors engagement by the audit committee.  The Board of Directors does not have an audit committee
financial expert at this time due to the fact that the Company has only limited
operations and no revenues.  We believe the cost related to retaining a
financial expert at this time is prohibitive. Further, because of our limited
operations, we believe the services of a financial expert are not warranted.  Code of Ethics  We have adopted a corporate code of ethics.  We
believe our code of ethics is reasonably designed to deter wrong doing and
promote honest and ethical conduct; provide full, fair, accurate, timely and
understandable disclosure in public reports; comply with applicable laws; ensure
prompt internal reporting of code violations; and provide accountability for
adherence to the code. A copy of the code of ethics is attached as Exhibit 14.1,
to our 10-KSB filed on December 27, 2007 with the Securities and Exchange
Commission.  We will also provide to any person, without charge and upon
request, a copy of the code of ethics.  Any such request must be made in
writing to us at, Suite 640, 602-12th, Avenue, Calgary, Alberta, T2R
1J3.  ITEM 11.  EXECUTIVE COMPENSATION.  The following table sets forth information concerning the
total compensation paid or accrued by us during the year ended September 30,
2008 and the period ended September 30, 2007 to  (i) all
individuals serving as Cyttas principal executive officer or acting in a
similar capacity during the last completed fiscal year (PEO), regardless of
compensation level; (ii) Cyttas two
most highly compensated executive officers other than the PEO who (A) served as
executive officers at the end of the last completed fiscal year and (B) received
annual compensation during the last completed fiscal year in excess of $100,000;
and


29


(iii) up to two additional individuals for
whom disclosure would have been provided pursuant to subsection (ii) of this
paragraph but for the fact that the individual was not serving as an executive
officer of Cytta at the end of the last completed fiscal year.     SUMMARY COMPENSATION TABLEName and Principal Position
Year
Salary  ($)
Bonus  ($)
Stock Awards ($)
Option Awards ($)
Non-Equity Incentive Plan Compensation   ($)
Non-Qualified Deferred Compensation Earnings
      ($)
All Other Compensation   ($)
Total   ($)Robert
Gosine, CEO, CFO, Treasurer, Director
2008
0
0
0
0
0
0
0
0Amber-Dawn
Bear Robe, Secretary, Director
2008
0
0
0
0
0
0
0
0Chad
Rutherford, CEO, CFO, Treasurer, Director, (PEO)
2008
2007
2006
15,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
15,000
0
0Brad
Prystupa, Secretary, Director
2008
2007
2006
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0    Mr. Rutherford was paid a management fee for services
rendered prior to his resignation.  However, none or our current our
officers and/or directors is being compensated for their services during the
development stage of our business operations.  The officers and directors are reimbursed for any
out-of-pocket expenses they incur on our behalf.  In addition, in the
future, we may approve payment of salaries for our officers and directors, but
currently, no such plans have been approved.  We also do not currently have
any benefits, such as health insurance, life insurance or any other benefits
available to our employees.  OUTSTANDING EQUITY AWARDS AT FISCAL YEAR ENDOption Awards
Stock AwardsName
Number of Securities Underlying Unexercised Options (#)
Exercisable
Number of Securities Underlying Unexercised Options (#)
Unexercisable
Equity Incentive Plan Awards; Number of Securities Underlying
Unexercised Unearned Options (#)
Option Exercise Price ($)
Option Expiration Date
Number of Shares or Units of Stock That Have Not Vested
(#)
Market Value of Shares or Units of Stock That Have Not


30


Vested
($)
Equity Incentive Plan Awards: Number of Unearned Shares,
Units or Other Rights That Have Not Vested (#)
Equity Incentive Plan Awards: Market or Payout Value of
Unearned Shares, Units or Other Rights That Have Not Vested (#)
Robert
Gosine
0
0
0
0
0
00
0
0
Amber-Dawn Bear
Robe
0
0
0
0
0
00
0
0
Brad
Prystupa
0
0
0
0
0
00
0
0
Chad
Rutherford
0
0
0
0
0
00
0
0  We have not issued any stock options or maintained any
stock option or other incentive plans since our inception.  We have no
plans in place and have never maintained any plans that provide for the payment
of retirement benefits or benefits that will be paid primarily following
retirement including, but not limited to, tax qualified deferred benefit plans,
supplemental executive retirement plans, tax-qualified deferred contribution
plans and nonqualified deferred contribution plans.  Similarly, we have no
contracts, agreements, plans or arrangements, whether written or unwritten, that
provide for payments to the named executive officers or any other persons
following, or in connection with the resignation, retirement or other
termination of a named executive officer, or a change in control of us or a
change in a named executive officers responsibilities following a change in
control.  As of the date hereof, we have not entered into
employment contracts with any of our officers and do not intend to enter into
any employment contracts until such time as it profitable to do so.  Compensation of Directors  None of our directors receive any compensation for
serving as such, for serving on committees of the Board of Directors or for
special assignments.  During the fiscal year ended September 30, 2008,
there were no other arrangements between us and our directors that resulted in
our making payments to any of our directors for any services provided to us by
them as directors.   ITEM 12.  SECURITY OWNERSHIP OF CERTAIN
BENEFICIAL OWNERS AND MANAGEMENT AND RELATED
STOCKHOLDER MATTERS.  Security Ownership of Certain Beneficial Owners and
Management  The following table sets forth information with respect
to the beneficial ownership of our common stock known by us as of November 15,
2008 by (i) each person or entity known by us to be the beneficial owner of more
than 5% of our common stock, (ii) each of our directors, (iii) each of our
executive officers, and (iv) all of our directors and executive officers as a
group.  The percentages in the table have been calculated on the basis of
treating as outstanding for a particular person, all shares of our common stock
outstanding on such date and all shares of our common stock issuable to such
holder in the event of exercise of outstanding options, warrants, rights or
conversion privileges owned by such person at said date which are exercisable
within 60 days of such date.  Except as otherwise indicated, the persons
listed below have sole voting and investment power with respect to all shares of
our common stock owned by them, except to the extent such power may be shared
with a spouse.


31


Title of Class
Name of Beneficial Owner
Amount and Nature of Beneficial
Ownership
Percent of ClassCommon Stock
Robert Gosine
100,000
1.7%*Common Stock
Amber-Dawn Bear Robe
0
0%All  officers and directors as a
group (2 people)
100,000
1.7%Common Stock
Chad Rutherford
2,000,000
33.1%Common Stock
Brad Prystupa
1,000,000
16.5%  *  The percentage ownership is calculated based on
6,050,000 shares of our common stock issued and outstanding as of November 15,
2008.   ITEM 13.  CERTAIN RELATIONSHIPS AND RELATED
TRANSACTIONS, AND DIRECTOR INDEPENDENCE.  In May and September, 2006, we issued a total of
3,000,000 shares of restricted common stock to Chad Rutherford and Brad
Prystupa, our then directors and officers.  This was accounted for as an
acquisition of shares of common stock in the amount of $25,000.  These
shares of common stock are restricted securities, as defined in Rule 144 of the
Rules and Regulations of the SEC (Rule 144) promulgated under the Securities
Act.  Robert Gosines shares were purchased from our public offering and
are not restricted, but the re-sale of such shares may be limited pursuant to
the volume restrictions of Rule 144.  Mr. Gosin and Ms. Bear Robe, our sole directors, are not
independent under the independence standards under Item 407(a)(1) of Regulation
S-B.   ITEM 14.  PRINCIPAL ACCOUNTING FEES AND
SERVICES.  Audit
Fees The aggregate fees
billed by our principal accountant for services rendered during the fiscal year
ended September 30, 2008 and 2007, respectively, are set forth in the table
below:  Fee Category
Year ended
September 30, 2008
Year Ended
September 30, 2007Audit fees (1)
$ 6,875
$ 4,250Audit-related fees (2)
$
$Tax fees (3)
$   500
$    507All other fees (4)
0
0Total fees
$ 7,375
$ 4,757  (1) Audit fees consists of fees incurred for professional services
rendered for the audit of annual financial statements, for reviews of interim
financial statements included in our quarterly reports on Form 10-QSB and for
services that are normally provided in connection with statutory and regulatory
filings or engagements. (2) Audit-related fees consists of fees billed for professional
services that are reasonably related to the performance of the audit or review
of our financial statements, but are not reported under Audit fees. (3) Tax fees consists of
fees billed for professional services relating to tax compliance, tax advice and
tax planning, consisting of preparation of our corporate tax returns for the
year ended September 30,


32


2007 and the period
ended September 30, 2006.  Our principal accountants are currently
preparing the 2008 tax return.  (4) All other fees
consists of fees billed for all other services.  Audit Committees Pre-Approval Policies
and Procedures  We do not at this time have an audit committee,
therefore, no policies or procedures other than those required by SEC rules on
auditor independence, have been implemented.  The Board of Directors will
have to pre-approve the engagement of our principal independent accountants to
provide non-audit services.  Non-audit services, consisting of the
preparation of corporate tax returns by our principal independent accountants in
2007 and 2006, were not pre-approved pursuant to paragraph (c)(7)(i)(C) of Rule
2-01 of Regulation S-X.  Section 10A(i) of the Securities Exchange Act of
1934 prohibits our auditors from performing audit services for us as well as any
services not considered to be audit services unless such services are
pre-approved by the Board of Directors (in lieu of an audit committee) or unless
the services meet certain de minimis standards.      PART IV   ITEM 15.   EXHIBITS, FINANCIAL STATEMENT
SCHEDULES.  Exhibits  The following
Exhibits are being filed with this report on Form 10-K: Exhibit No.
SEC Report Reference Number
Description3.1
3.1
Articles
of Incorporation of Registrant. (1)3.2
3.2
Bylaws
of Registrant. (1)14.1
14.1
Code of Ethics. (2)23

Consent of Moore &
Associates, Chartered. (3)31.1

Rule 13(a)  14(a)/15(d)  14(a)
Certification of Principal Executive and Financial Officer. (3)32.1

Rule 1350 Certification of Chief
Executive and Financial Officer. (3)  (1) Filed with the Securities and Exchange Commission on December 28,
2006 as an exhibit, numbered as indicated above, to the Registrants
registration statement on the Registrants Registration Statement on Form SB-2
(file no. 333-139699), which exhibit is incorporated herein by reference. (2) Filed with the Securities and Exchange Commission on December 27,
2007 as an exhibit, numbered as indicated above, to the Registrants Annual
Report on Form 10-KSB (file no. 333-139699), which exhibit is incorporated
herein by reference. (3) Filed herewith.


33


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, thereunto duly authorized.  Date:
 December ___,2008 CYTTA
CORP.   By:/s/Robert Gosine Name: Robert
Gosine Title: President
(principal Executive
officer)   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. Signature
Title
Date/s/Robert Gosine
Robert
Gosine
President
(principal executive officer), Chief Financial Officer (principal
financial officer), Treasurer, and member of the Board of
Directors
December
1, 2008/s/Amber-Dawn Bear Robe
Amber-Dawn Bear Robe
Secretary,
and member of the Board of Directors
December
1, 2008


34