UNITED
STATES


SECURITIES
AND EXCHANGE COMMISSION


WASHINGTON,
D.C. 20549





FORM
10-Q








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





FOR
THE QUARTERLY PERIOD ENDED MARCH 31, 2009





OR





o
            TRANSITION
      REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF
      1934




Commission
File #




MONEYLOGIX GROUP,
INC.


(Exact
name of registrant as specified in its charter)




NEVADA
              33-0680443(State
      or other jurisdiction of
                incorporation
      or organization)
              (I.R.S.
      Employer
                Identification
      No.)


9000
Keele Street, Suite 4, Concord,Ontario L4K 0B3


(Address
of principal executive offices and zip code)





Registrant’s
telephone number, including area code: (905) 761-1400





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 periods that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.




Yes 
x
           No 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 
x
           No o





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





Class
                  
                  Outstanding at 
      May 11,  2009Common
      Stock, $.001 par value
                  
                  80,763,586









TABLE
OF CONTENTS





Item
      1.
                Financial
      Statements
                3Item
      2.
                Management’s
      Discussion and Analysis of Financial Condition
                4Item
      3.
                Quantitative
      and Qualitative Disclosures About Market Risk
                6Item
      4T.
                Control
      and Procedures
                6PART
      II— OTHER INFORMATIONItem
      1
                Legal
      Proceedings
                7Item
      2.
                Unregistered
      Sales of Equity Securities and Use of Proceeds
                7Item
      3.
                Defaults
      Upon Senior Securities
                7Item
      4.
                Submission
      of Matters to a Vote of Security Holders
                7Item
      5.
                Other
      Information
                7Item
      6.
                Exhibits
      and Reports on Form 8-K
                7SIGNATURE
                8




2




PART
I: FINANCIAL INFORMATION





ITEM
1. FINANCIAL STATEMENTS





Basis
of Presentation





The
accompanying statements are presented in accordance with U.S. generally accepted
accounting principles for interim financial information and the instructions to
Form 10-Q and Regulation S-X. Accordingly, they do not include all of the
information and footnotes required by U.S. generally accepted accounting
principles for complete financial statements. In the opinion of management, all
adjustments (consisting only of normal occurring adjustments) considered
necessary in order to make the financial statements not misleading, have been
included. Operating results for the three months ended March 31, 2009 are not
necessarily indicative of results that may be expected for the year ending
December 31, 2009.





The
financial statements of the Company appear at the end of this report beginning
with the Index to Financial Statements on page F-1 and ending on
F-11.




3




ITEM
2. MANAGEMENT’S DISCUSSION AND ANALYSIS





The
following is management’s discussion and analysis of the financial condition and
results of operations of MoneyLogix Group, Inc. for the three months ending
March 31, 2009 and 2008. The following information should be read in conjunction
with the reviewed financial statements for the period ending March 31, 2009 and
notes thereto appearing elsewhere in this form 10-Q.





Overview





MoneyLogix
Group, Inc. (“Company”, “We”, “Our”, or “MoneyLogix Group”), formerly Homelife,
Inc., a corporation incorporated under the laws of Nevada, 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 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.
      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.





There are
no material differences in accounting treatment or federal income tax
consequences from the share exchange agreement. Similarly, we were not required
to obtain any federal or state regulatory approvals to complete the share
exchange agreement. Accordingly, We did not obtain any reports, opinions, or
appraisals relating to the fairness of the transaction because we deemed it an
unnecessary and costly expense given the nature of the transaction.





During
the past two years, other than the share exchange agreement described
here-to-fore, there has not been any negotiations, transactions or material
contracts between the Company and MoneyLogix Inc. regarding a merger,
consolidation, acquisition, tender offer, election of directors or sale/transfer
of material assets of either company.




MoneyLogix
Group is a 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.




To
execute the business strategy, 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.




The
Company’s corporate offices are at 9000 Keele Street, Suite 4, Concord, Ontario,
L4K 0B3 CANADA. Our current contact information for our office is telephone
number: (905) 761-1400.




4




Results
of Operations





The
Company reported no revenue from operations during the three month period ending
March 31, 2009. Comparatively, the Company reported no revenue from operations
during the three month period ending March 31, 2008.





The
Company incurred expenses related primarily to professional fees of $2,250 for
the three month period ending March 31, 2009. Comparatively, for the three month
period ending March 31, 2008, the Company reported no expenditures. The Company
reported total operating expenses of $361,162 for the period from December 7,
2007 (the inception date.) to March 31, 2009.





The
Company recorded a Net Loss for the three month period ending March 31, 2009 of
$2,250 and a Net Loss of $0 for the three month period ending March 31, 2008.
For the period from December 7, 2007 (inception date) to March 31, 2009, the
Company recorded a cumulative Net Loss of $361,162.





Liquidity
and Capital Resources




At March
31, 2009, we had zero cash and zero total assets. Comparatively at December 31,
2008, we had zero cash and zero total assets.





At March
31, 2009, we had $20,062 in accrued liabilities related to professional fees for
a total of $20,062 in liabilities. Comparatively at December 31, 2008, the
Company had $17,812 in accrued liabilities for a total of $17,812 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.





Critical
Accounting Policies





Our
financial statements and related public financial information are based on the
application of accounting principles generally accepted in the United States
(“GAAP”). GAAP requires the use of estimates; assumptions, judgments and
subjective interpretations of accounting principles that have an impact on the
assets, liabilities, revenue and expense amounts reported. These estimates can
also affect supplemental information contained in our external disclosures
including information regarding contingencies, risk and financial condition. We
believe our use of estimates and underlying accounting assumptions adhere to
GAAP and are consistently and conservatively applied. We base our estimates on
historical experience and on various other assumptions that we believe to be
reasonable under the circumstances. Actual results may differ materially from
these estimates under different assumptions or conditions. We continue to
monitor significant estimates made during the preparation of our financial
statements.





Going
Concern




The
Company’s financial statements are presented on a going concern basis, which
contemplates the realization of assets and satisfaction of liabilities in the
normal course of business. For the three month period ending March 31, 2009, the
Company incurred a Net Loss of $2,250 and for the three month period ending
March 31, 2008 the Company incurred a Net Loss of $0. Certain conditions noted
below raise substantial doubt about the Company’s ability to continue as a going
concern.




The
Company’s ability to continue as a going concern is contingent upon its ability
to secure additional debt or equity financing, initiate sales of its services
and achieve profitable operations. Management’s plan is to secure additional
funds through future debt or equity financings. Such financing may not be
available or may not be available on reasonable terms to the Company. The
issuance of additional equity securities by us could result in a significant
dilution in the equity interests of our current stockholders. Obtaining
commercial loans, assuming those loans would be available, will increase our
liabilities and future cash commitments.





The
financial statements do not include any adjustments to reflect the possible
future effects on the recoverability and classification of assets or the amounts
and classification of liabilities that may result from the possible inability of
the Company to continue as a going concern.





Off-Balance
Sheet Arrangements





None.




5




ITEM
3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK





The
Company is subject to certain market risks, including changes in interest rates
and currency exchange rates. The Company does not undertake any specific actions
to limit those exposures.




ITEM
4. EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES




ITEM
4. 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 March 31, 2009. This evaluation was accomplished
under the supervision and with the participation of our chief executive officer
/ principal executive officer, and chief financial officer / principal financial
officer who concluded that our disclosure controls and procedures are not
effective to ensure that all material information required to be filed in the
quarterly Form 10-Q has been made known to them.




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.




Based
upon an evaluation conducted for the period ended March 31, 2009, our Chief
Executive and Chief Financial Officer as of March 31, 2009 and as of the date of
this Report, has concluded that as of the end of the periods covered by this
report, we have identified the following material weakness of our internal
controls:




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




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




In order
to remedy our existing internal control deficiencies, as our finances allow, we
will hire 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-Q that has
materially affected, or is reasonably likely to materially affect, our internal
control over financial reporting.




6




PART
II: OTHER INFORMATION




ITEM
1. LEGAL PROCEEDINGS





None





ITEM
2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS





None





ITEM 3 . DEFAULTS UPON SENIOR
SECURITIES





Not
Applicable.





ITEM
4: SUBMISSIONS OF MATTERS TO A VOTE OF SECURITY HOLDERS





None.





ITEM
5: OTHER INFORMATION





None.





ITEM
6: EXHIBITS AND REPORTS ON FORM 8-K





(a)
            Exhibits





31.1      Certification
of the CEO and CFO Pursuant to Rule 13a-14(a) under the Securities Exchange Act
of 1934, as amended, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley
Act of 2002




32.1      Certification
of the CEO and CFO Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to
Section 906 of the Sarbanes-Oxley Act of 2002





(b)
            Reports of Form
      8-K




On July
22, 2008, the Company filed a Form 8K disclosing entering into a material
definitive agreement regarding a share exchange and change in control of the
Company.




7




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/
      Majid HaditaghiMajid
      HaditaghiPrincipal
      Executive Officer,President,
      Secretary and Director




Dated:
May 11,  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/
      Majid Haditaghi
                      
                      President,
      Secretary and Director
                      
                      May
      11, 2009Majid
      Haditaghi




8




MONEYLOGIX
GROUP, INC.


[Formerly
Known as Homelife, Inc.]


(A
Development Stage Company)





FINANCIAL
STATEMENTS





MARCH
31, 2009




F1




MONEYLOGIX
GROUP, INC.


[Formerly
Known as Homelife, Inc.]


(A
Development Stage Company)


MARCH
31, 2009


CONTENTS




PageFINANCIAL
      STATEMENTSBalance
      Sheets
                  
                  F3Statements
      of Operations
                  
                  F4Statements
      of Cash Flows
                  
                  F5Statement
      of Stockholders’ Deficit
                  
                  F6Notes
      to the Financial Statements
                  
                  F7
      - F11




F2




MONEYLOGIX
GROUP, INC.


[Formerly
Known as Homelife, Inc.]


(A
Development Stage Company)


BALANCE
SHEETS




March
       31,
                                2009
                                (Unaudited)
                              
                              
                              December 31,
                                2008ASSETSCurrent
      Assets
                              
                              
                              -
                              
                              
                              
                              -Total
      Assets
                              
                              $
                              -
                              
                              
                              $
                              -LIABILITIES
      AND STOCKHOLDERS' DEFICITCurrent
      LiabilitiesAccrued
      liabilities
                              
                              $
                              20,062
                              
                              
                              $
                              17,812Total
      Liabilities
                              
                              
                              20,062
                              
                              
                              
                              17,812Stockholders'
      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
                              
                              
                              
                              80,764Additional
      Paid in Capital
                              
                              
                              275,056
                              
                              
                              
                              275,056Stock
      subscription receivable
                              
                              
                              (14,720
                              )
                              
                              
                              (14,720
                              )Deficit
      accumulated during the development stage
                              
                              
                              (361,162
                              )
                              
                              
                              (358,912
                              )Total
      Stockholders' Deficit
                              
                              
                              (20,062
                              )
                              
                              
                              (17,812
                              )Total
      Liabilities and Stockholders' Deficit
                              
                              $
                              -
                              
                              
                              $
                              -





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




F3




MONEYLOGIX
GROUP, INC.


[Formerly
Known as Homelife, Inc.]


(A
Development Stage Company)


STATEMENTS
OF OPERATIONS (Unaudited)





For the Periodfrom December 7,Three
      Months Ended
                                
                                
                                2007 (inception)March 31,
                                  2009
                                
                                
                                March
       31,
                                  2008
                                
                                
                                to March
      31,
                                  2009REVENUES
                                
                                $
                                -
                                
                                
                                $
                                -
                                
                                
                                $
                                -EXPENSESProfessional
      Fees
                                
                                
                                2,250
                                
                                
                                
                                -
                                
                                
                                
                                28,998Consulting
      Fees
                                
                                
                                -
                                
                                
                                
                                -
                                
                                
                                
                                81,600Cost
      of Reorganization
                                
                                
                                -
                                
                                
                                
                                -
                                
                                
                                
                                250,564TOTAL
      OPERATING EXPENSES
                                
                                
                                2,250
                                
                                
                                
                                -
                                
                                
                                
                                361,162NET
      LOSS
                                
                                $
                                (2,250
                                )
                                
                                $
                                -
                                
                                
                                $
                                (361,162
                                )Net
      loss per share - basic and diluted
                                
                                $
                                (0.00
                                )
                                
                                $
                                (0.00
                                )Weighted
      average number of shares outstanding - basic and diluted
                                
                                
                                8,0763,586
                                
                                
                                
                                80,000,000





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 CASH FLOWS (Unaudited)




Three
      Months
                                Ended
                                March
      31,
                                2009
                              
                              
                              Three
      Months
                                Ended
                                March
       31,
                                2008
                              
                              
                              For the Period
                                from Inception
                                (December 7,
                                2007)
                                to
                                March
       31,
                                2009Cash
      Flows from Operating ActivitiesNet
      loss
                              
                              
                              (2,250
                              )
                              
                              
                              -
                              
                              
                              $
                              (361,162
                              )Adjustments
      to reconcile net loss to net cash used in operating
      activities:Stock
      issued for services
                              
                              
                              -
                              
                              
                              
                              
                              
                              
                              
                              81,600Non-Cash
      Cost of Reorganization
                              
                              
                              
                              
                              
                              
                              
                              
                              
                              
                              250,564Expenses
      paid by Stockholder
                              
                              
                              
                              
                              
                              
                              
                              
                              
                              
                              8,936(Increase)
      decrease in net assets:Accrued
      liabilities
                              
                              
                              2,250
                              
                              
                              
                              
                              
                              
                              
                              20,062Net
      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.




F5




MONEYLOGIX GROUP,
INC.


(A
Development Stage Company)


STATEMENTS
OF STOCKHOLDERS' DEFICIT


FOR
THE PERIOD FROM THE DATE OF INCEPTION


(DECEMBER
7, 2007) TO MARCH 31, 2009





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 common stock
      for services
                                  
                                  
                                  65,280,000
                                  *
                                  
                                  $
                                  65,280
                                  
                                  
                                  
                                  -
                                  
                                  
                                  $
                                  -
                                  
                                  
                                  $
                                  16,320
                                  
                                  
                                  $
                                  -
                                  
                                  
                                  
                                  $
                                  -
                                  
                                  
                                  $
                                  81,600Issuance
      of common
      stock
                                  
                                  
                                  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
                                  )Net
      Loss
                                  
                                  
                                  -
                                  
                                  
                                  $
                                  -
                                  
                                  
                                  
                                  -
                                  
                                  
                                  $
                                  -
                                  
                                  
                                  
                                  
                                  
                                  
                                  $
                                  
                                  
                                  
                                  
                                  $
                                  (2,250
                                  )
                                  
                                  $
                                  (2,250
                                  )Balance,
      March
      31, 2009
                                  
                                  
                                  80,763,586
                                  
                                  
                                  $
                                  80,764
                                  
                                  
                                  
                                  -
                                  
                                  
                                  $
                                  -
                                  
                                  
                                  
                                  275,056
                                  
                                  
                                  $
                                  (14,720
                                  )
                                  
                                  
                                  $
                                  (361,162
                                  )
                                  
                                  $
                                  (20,062
                                  )





* 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.




F6




MONEYLOGIX
GROUP, INC.


[Formerly
Known as Homelife, Inc.]


(A
Development Stage Company)


NOTES
TO THE FINANCIAL STATEMENTS


MARCH
31, 2009




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.
      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.




F7




MONEYLOGIX
GROUP, INC.


[Formerly
Known as Homelife, Inc.]


(A
Development Stage Company)


NOTES
TO THE FINANCIAL STATEMENTS


MARCH
31, 2009





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.




F8




MONEYLOGIX
GROUP, INC.


[Formerly
Known as Homelife, Inc.]


(A
Development Stage Company)


NOTES
TO THE FINANCIAL STATEMENTS


MARCH
31, 2009




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
March 31, 2009 and December 31, 2008, 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 March 31, 2009.





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.




F9




MONEYLOGIX
GROUP, INC.


[Formerly
Known as Homelife, Inc.]


(A
Development Stage Company)


NOTES
TO THE FINANCIAL STATEMENTS


MARCH  31,
2009




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. 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.




F10




MONEYLOGIX
GROUP, INC.


[Formerly
Known as Homelife, Inc.]


(A
Development Stage Company)


NOTES
TO THE FINANCIAL STATEMENTS


MARCH
31, 2009




5.
            SUPPLEMENTAL CASH FLOW
      INFORMATION




During
the three months ended  March 31, 2009 and the year ended December
31,  2008, 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 March 31, 2009 and December 31,
2008.





100,000,000
Common shares of $0.001 par value




Issued




March 31,
                                            
                                            
                                            December
      31,2009
                                            
                                            
                                            2008Shares
      Issued and Outstanding
                                            
                                            
                                            80,763,586
                                            
                                            
                                            
                                            80,763,586$
                                            80,764
                                            
                                            
                                            $
                                            80,764




F11