UNITED
      STATES


SECURITIES
      AND EXCHANGE COMMISSION


Washington,
      D.C. 20549





FORM
      10-KSB





(Mark
      One)





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





For
      the
      fiscal year ended August 31, 2007





oTRANSITION
      REPORT PURSUANT TO SECTION 13
      OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934





For
      the
      transition period from __________________ to
      __________________________.





Commission
      File Number: 000-29397





NORTH
      COAST PARTNERS, INC.





(Exact
      name of registrant as specified in its charter)




Delaware
              (State
                or other jurisdiction of incorporation)
            33-0619528
              (IRS
                Employer Identification No.)




909
      Logan
      Street, Suite 7J


Denver,
      Colorado 80203


(Address
      of principal executive offices)





(516)
      887-8200





(Registrant's
      telephone number, including area code)





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





Securities
      registered pursuant to section 12(g) of the Act: Common Stock, $0.001 par
      value





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





Check
      whether the issuer (1) filed all reports required to be filed by Section 13
      or
      15(d) of the Exchange Act during the past 12 months (or for such shorter period
      that the registrant was required to file such reports), and (2) has been
      subject to such filing requirements for the past 90 days.Yes x  No
o





Check
      if
      there is no disclosure of delinquent filers in response to Item 405 of
      Regulation S-B contained in this form, and no disclosure will be contained,
      to
      the best of registrant's knowledge, in definitive proxy or information
      statements incorporated by reference in Part II of this Form 10-KSB or any
      amendment to this Form 10-KSB. x





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





The
      issuer’s revenues for its most recent fiscal year were $-0-





The
      aggregate market value of issuer’s voting common stock is not able to be
      determined as there is no bid and ask price of such common stock.





The
      number of shares of the issuer’s common stock issued and outstanding as of
      October 15, 2007 was 6,360,000 shares.





Documents
      Incorporated By Reference: None





Transitional
      Small Business Issuer Disclosure Format (check one): Yes o No x





**TABLE
      OF CONTENTS**








**Page****PART
                I**Item
                1.
            Description
                of Business
            3Item
                2.
            Description
                of Property
            5Item
                3.
            Legal
                Proceedings
            5Item
                4.
            Submission
                of Matters to a Vote of Security Holders
            5**PART
                II**Item
                5.
            Market
                for Common Equity and Related Stockholder Matters and Small Business
                Issuer Purchases of Equity Securities
            6Item
                6.
            Management’s
                Discussion and Analysis or Plan of Operation
            6Item
                7.
            Financial
                Statements
            9Item
                8.
            Changes
                In and Disagreements With Accountants on Accounting and Financial
                Disclosure
            19Item
                8A.
            Controls
                and Procedures
            19**PART
                III**Item
                9.
            Directors,
                Executive Officers, Promoters, Control Persons and Corporate Governance;
                Compliance With Section 16(a) of the Exchange Act
            19Item
                10.
            Executive
                Compensation
            21Item
                11.
            Security
                Ownership of Certain Beneficial Owners and Management and Related
                Stockholder Matters
            22Item
                12.
            Certain
                Relationships and Related Transactions, and Director
                Independence
            23Item
                13.
            Exhibits
            24Item
                14.
            Principal
                Accountant Fees and Services
            25SIGNATURES
            
            27CERTIFICATIONS





2


**PART
      I**





As
      used
      in this Form 10-KSB, references to the “Company,” the “Registrant,” “we,” “our”
or “us” refer to North Coast Partners, Inc. unless the context otherwise
      indicates *.*





**Forward-Looking
      Statements**





This
      Annual Report on Form 10-KSB (this “Report”) contains forward-looking
      statements. For this purpose, any statements contained in this Report that
      are
      not statements of historical fact may be deemed to be forward-looking
      statements. Forward-looking information includes statements relating to future
      actions, prospective products, future performance or results of current or
      anticipated products, sales and marketing efforts, costs and expenses, interest
      rates, outcome of contingencies, financial condition, results of operations,
      liquidity, business strategies, cost savings, objectives of management, and
      other matters. You can identify forward-looking statements by those that are
      not
      historical in nature, particularly those that use terminology such as “may,”
“will,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,”
“believes,” "plans,” “projected,” “predicts,” “potential,” or “continue” or the
      negative of these similar terms. The Private Securities Litigation Reform Act
      of
      1995 provides a “safe harbor” for forward-looking information to encourage
      companies to provide prospective information about themselves without fear
      of
      litigation so long as that information is identified as forward-looking and
      is
      accompanied by meaningful cautionary statements identifying important factors
      that could cause actual results to differ materially from those projected in
      the
      information.





These
      forward-looking statements are not guarantees of future performance and involve
      risks, uncertainties and assumptions that we cannot predict. In evaluating
      these
      forward-looking statements, you should consider various factors, including
      the
      following: (a) those risks and uncertainties related to general economic
      conditions, (b) whether we are able to manage our planned growth efficiently
      and
      operate profitable operations, (c) whether we are able to generate sufficient
      revenues or obtain financing to sustain and grow our operations, (d) whether
      we
      are able to successfully fulfill our primary requirements for cash, which are
      explained below under “Liquidity and Capital Resources”. We assume no obligation
      to update forward-looking statements, except as otherwise required under the
      applicable federal securities laws.





**Item
              1.**
            **Description
                of Business.**





**History**





Our
      Company was incorporated under
      the
      laws of the State of
      Delaware on April 20, 1994. From our incorporation until December 13, 2004,
      we
      had no operating history other than organizational matters.





3


On
      December 13, 2004, we acquired all of the issued and outstanding shares of Trans
      Media Inc. (“Trans Media”), a Wyoming corporation, pursuant to a Plan
      of
      Arrangement and Share Exchange Agreement dated September 29, 2004, by and
      between our Company ,
      Trans
      Media, and all the shareholders of Trans Media. Pursuant to such agreement,
      the
      shareholders of Trans Media exchanged all of their 5,360,000 shares of common
      stock of Trans Media for 5,360,000 shares of our Company’s common stock, which
      represented 84.28% of the outstanding shares of our Company’s common stock on a
      fully diluted basis. As a result of such share exchange, Trans Media became
      the
      wholly owned subsidiary of our Company. Such transaction was treated as a
      reverse merger of Trans Media, and Trans Media is the continuing entity for
      financial reporting purposes.





Trans
      Media was incorporated in the province of British Columbia on July 23, 2001
      as
      631411 B.C., LTD, and renamed Transworld Media, Inc. on October 28, 2002. On
      November 18, 2004, Transworld Media, Inc. was reincorporated in Wyoming and
      renamed Trans Media, Inc. Since October 2002, Trans Media has been engaged
      in
      the production and distribution of musical compact discs (“CD’s”) and musical
      performances targeted to the South Asian immigrants residing in North America.





**Business
      Description**





Through
      Trans Media, we are presently engaged in the production and distribution of
      musical CD’s and musical performances to the South Asian immigrant population
      residing in North America, including immigrants from India, Pakistan, Sri Lanka,
      Bangladesh, East Africa, South Africa and West Indies. We focus on two niche
      markets: music geared to children; and music intended for special occasions,
      such as weddings.





Prior
      to
      becoming our Chief Executive Officer and Director on December 13, 2004, Mel
      Venkateswaran had released musical recordings in the form of audio cassettes
      and
      CDs dating back to 1982 and is a well known musical figure in the South Asian
      community. He has also performed and has been mainly featured in many musical
      concerts over the years with respect to South Asian music in New York,
      Philadelphia, Cleveland, San Antonio, Los Angeles, Chicago, Detroit and several
      major cities in Canada. Mel Venkateswaran brought to the Company name
      recognition, experience and expertise to the Company's plan to develop the
      distribution and sales of South Asian music in the ethnic communities of North
      America.





We
      are in
      the development stage and have minimal revenues. We have completed production
      of
      eight (8) musical CD compositions and have developed 10,000 copies of such
      CD’s
      for release and sale to the public. We intend to distribute and sell our CDs
      via
      our web site, which is currently under construction, and sales made at concerts
      and benefit performances. We intend to advertise our products through
      endorsements from sponsorship of nationwide television network known as Asian
      Television Network, flyer and print advertising, and advertising through
      participation in community events. We have been active in community events
      to
      raise our profile and bring awareness to the South Asian population in North
      America, such as charity performances for the Heart Institute, the Diabetic
      Association, Hospice for Cancer, and a concert held in British Columbia in
      aid
      of the Tsunami victims of Sri Lanka.





4


We
      are in
      the process of completing our ninth CD for release. To this end, we have hired
      lyricists to write new songs aimed at festive occasions and celebrations. We
      also intend to produce a music video within the next six months.





We
      also
      have plans to derive revenue from ticket sales of several musical performances
      which are being arranged for the next twelve months. Concerts and performances
      are being planned for several United States cities during the next twelve
      months.





We
      expect
      to generate revenues by selling copies of our CD's and tickets to our musical
      performances. There is no guarantee that such sales will be sufficient to
      satisfy our cash requirements. We may have to borrow money from shareholders
      or
      issue debt or equity or enter into a strategic arrangement with a third party.
      There can be no assurance that additional funds will be available to us. We
      currently have no agreements, arrangements or understandings with any person
      to
      obtain funds through bank loans, lines of credit or any other
      sources.





We
      do not
      expect to purchase or sell any significant equipment over the next twelve
      months. Once our business model is firmly established, we will hire employees
      to
      assist with our growth strategy and operations. Future growth plans include
      engaging niche distributors in the South Asian population market throughout
      North America to distribute and sell North Coast's products.





**Item
              2.**
            **Description
                of Property.**





We
      lease
      approximately 675 square feet of office space at 909 Logan Street, Suite 7J,
      Denver, Colorado 80203. We lease this space on a month-to-month basis at no
      cost.





**Item
              3.**
            **Legal
                Proceedings.**





There
      are
      no pending legal proceedings to which the Company is a party or in which any
      director, officer or affiliate of the Company, any owner of record or
      beneficially of more than 5% of any class of voting securities of the Company,
      or security holder is a party adverse to the Company or has a material interest
      adverse to the Company. The Company’s property is not the subject of any pending
      legal proceedings.





**Item
              4.**
            **Submission
                of Matters to a Vote of Security
                Holders.**




During
      the period ending August 31, 2007, there has not been any matter which was
      submitted to a vote of the Company’s shareholders through the solicitation of
      proxies or otherwise.





5





**PART
      II**





**Item
              5.**
            **Market
                for Registrant’s Common Equity and Related Stockholder****Matters
                and Small Business Issuer Purchases of Equity
                Securities.**





**Market
      Information**





Our
      common stock has been eligible to be traded on the Over-The-Counter Bulletin
      Board. As of October 15, 2007, there were 6,360,000 shares of common stock
      issued and outstanding, which were held by 137 stockholders of
      record.





**Dividends**





We
      have
      never declared or paid any cash dividends on our common stock nor do we
      anticipate paying any in the foreseeable future. Furthermore, we expect to
      retain any future earnings to finance our operations and expansion. The payment
      of cash dividends in the future will be at the discretion of our Board of
      Directors and will depend upon our earnings levels, capital requirements, any
      restrictive loan covenants and other factors the Board considers relevant.





**Equity
      Compensation Plans**





We
      do not
      have any equity compensation plans.





**Recent
      Sales of Unregistered Securities; Use of Proceeds from Registered
      Securities**





During
      the fiscal year ended August 31, 2007, there were no sales of unregistered
      securities.





**Purchases
      of equity securities by the issuer and affiliated
      purchasers**




We
      have
      not repurchased any shares of our common stock during the fiscal year ended
      August 31, 2007.





**Item
              6.**
            **Management’s
                Discussion and Analysis or Plan of
                Operation.**





This
      Management’s Discussion and Analysis or Plan of Operations (“MD&A”) section
      of this Report discusses our results of operations, liquidity and financial
      condition, and certain factors that may affect our future results. You should
      read this MD&A in conjunction with our financial statements and accompanying
      notes included in this Report.





**Plan
      of Operation**





We
      are
      engaged in the production and distribution of musical CD’s and musical
      performances to the South Asian immigrant population residing in North America,
      including immigrants
      from India, Pakistan, Sri Lanka, Bangladesh, East Africa, South Africa and
      West
      Indies. We focus on
      two niche markets: music geared to children and music intended for special
      occasions, such as weddings.





6


We
      are in
      the development stage and have minimal revenues. We have completed production
      of
      eight (8) musical CD compositions and have developed 10,000 copies of such
      CD’s
      for release and sale to the public. We intend to distribute and sell our CDs
      via
      our web site, which is currently under construction, and sales made at concerts
      and benefit performances. We intend to advertise our products through
      endorsements from sponsorship of nationwide television network known as Asian
      Television Network, flyer and print advertising, and advertising through
      participation in community events. We have been active in community events
      to
      raise our profile and bring awareness to the South Asian population in North
      America, such as charity performances for the Heart Institute, the Diabetic
      Association, Hospice for Cancer, and a concert held in British Columbia in
      aid
      of the Tsunami victims of Sri Lanka.





We
      are in
      the process of completing our ninth CD for release. To this end, we have hired
      lyricists to write new songs aimed at festive occasions and celebrations. We
      also intend to produce a musical video within the next six months.





We
      also
      have plans to derive revenue from ticket sales of several musical performances
      which are being arranged for the next twelve months. Concerts and performances
      are being planned for several United States cities during the next twelve
      months.





We
      expect
      to generate revenues by selling copies of our CD's and tickets to our musical
      performances. There is no guarantee that such sales will be sufficient to
      satisfy our cash requirements. We may have to borrow money from shareholders
      or
      issue debt or equity or enter into a strategic arrangement with a third party.
      There can be no assurance that additional funds will be available to us. We
      currently have no agreements, arrangements or understandings with any person
      to
      obtain funds through bank loans, lines of credit or any other
      sources.





We
      do not
      expect to purchase or sell any significant equipment over the next twelve
      months. Once our business model is firmly established, we will hire employees
      to
      assist with our growth strategy and operations. Future growth plans include
      engaging niche distributors in the South Asian population market throughout
      North America to distribute and sell North Coast's products.





**Results
      of Operation**





**Fiscal
      Year Ended August 31, 2007 Compared to Fiscal Year Ended August 31,
      2006.**





During
      the fiscal year ended August 31, 2007 we had no revenues, compared to revenues
      of $2,091 for the fiscal year ended August 31, 2006. Revenues during the fiscal
      year ended August 31, 2006 resulted from $190 in sales of copies of our musical
      CD’s and $1,901 in revenues from ticket sales to a musical
      performance.





7


Operating
      expenses increased by $1,119 during the fiscal year ended August 31, 2007 to
      $28,238 from $27,119 for the fiscal year ended August 31, 2006. These expenses
      consist of general administrative expenses and the fluctuations are primarily
      attributable to professional fees.




**Liquidity
      and Capital Resources**





As
      of
      August 31, 2007, we had $859 in available cash and a working capital deficit
      of
      $111,431.





On
      February 7, 2005, North Coast borrowed $29,500 from a related party. The terms
      of the original promissory note were amended on March 7, 2005 to provide for
      an
      interest rate at the prevailing prime rate of Standard Chartered Bank plus
      2%
      interest per annum, and the original due date of June 2005 was extended several
      times and is currently due in January 2008.





On
      September 8, 2005, North Coast borrowed an additional $10,500 from the same
      related party. The terms of the promissory note provide for an interest rate
      at
      the prevailing prime rate of Standard Chartered Bank plus 2% per annum, and
      the
      original due date of December 7, 2005 was extended several times and is
      currently due in
      January 2008.





In
      March
      2006, North Coast borrowed an additional $20,050 from the same related party.
      The terms of the promissory note provide for an interest rate at the prevailing
      prime rate of Standard Chartered Bank plus 2% per annum, and the original due
      date of June 2, 2006 was extended several times and is currently due in January
      2008.





In
      February 2007, North Coast borrowed an additional $5,000 from the same related
      party. The terms of the promissory note provide for an interest rate at the
      prevailing prime rate of Standard Chartered Bank plus 2% per annum, and the
      original due date of June 1, 2007 was extended several times and is currently
      due in January 2008.





In
      April
      2007, North Coast borrowed an additional $5,000 from the same related party.
      The
      terms of the promissory note provide for an interest rate at the prevailing
      prime rate of Standard Chartered Bank plus 2% per annum, and the original due
      date of October 1, 2007 has been extended to January 2008.





All
      notes
      are unsecured, and contain a contingency clause stating that if the notes are
      not paid by the maturity date, they will become convertible at $0.10 per share
      at the option of the lender.





8





**Going
      Concern Consideration**





We
      incurred recurring net losses of $34,893 and $27,576 in the fiscal years ended
      August 31, 2007 and 2006, respectively, and have an accumulated deficit of
      $114,202 and a working capital deficit of $111,431 as of August 31, 2007. These
      conditions raise substantial doubt as to our ability to continue as a going
      concern.





While
      we
      expect to generate revenues by selling copies of our CD's and tickets to our
      musical performances, there is no guarantee that such sales will be sufficient
      to satisfy our cash requirements. We may have to borrow money from shareholders
      or issue debt or equity or enter into a strategic arrangement with a third
      party. There can be no assurance that additional funds will be available to
      us.
      We currently have no agreements, arrangements or understandings with any person
      to obtain funds through bank loans, lines of credit or any other
      sources.





**Off
      Balance Sheet Arrangements**





We
      have
      no off-balance sheet arrangements.





**Item
              7.**
            **Financial
                Statements.**




9


REPORT
      OF
      INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM





To
      the
      Board of Directors


North
      Coast Partners, Inc.


(A
      Development Stage Company)


Vancouver,
      British Columbia





We
      have
      audited the accompanying balance sheets of North Coast Partners, Inc. (A
      Development Stage Company) as of August 31, 2007 and 2006 and the related
      statements of operations, stockholders' deficit, and cash flows for the years
      then ended and the period from July 23, 2001 (Inception) through August 31,
      2007. These financial statements are the responsibility of the Company's
      management. Our responsibility is to express an opinion on these financial
      statements based on our audits.





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





In
      our
      opinion, the financial statements referred to above present fairly, in all
      material respects, the financial position of North Coast Partners, Inc. as
      of
      August 31, 2007 and 2006 and the results of operations and cash flows for the
      years then ended and the period from July 23, 2001 (Inception) through August
      31, 2007, in conformity with accounting principles generally accepted in the
      United States of America.





The
      accompanying financial statements have been prepared assuming that North Coast
      Partners, Inc. will continue as a going concern. As discussed in Note 2 to
      the
      financial statements, North Coast Partners, Inc. suffered recurring losses
      from
      operations and has a working capital deficiency, which raises substantial doubt
      about its ability to continue as a going concern. Management's plans regarding
      those matters also are described in Note 2. The financial statements do not
      include any adjustments that might result from the outcome of this
      uncertainty.





Malone
      & Bailey, PC


www.malone−bailey.com


Houston,
      Texas


October
      17, 2007







10





**NORTH
                COAST PARTNERS, INC.****(a
                development stage company)****BALANCE
                SHEETS****August
                31, 2007 and 2006**




2007
            
            2006**ASSETS**Current
                assets:Cash
            
            $
            859
            
            $
            11,539Inventory
            
            
            -
            
            
            2,485Total
                current assets
            
            $
            859
            
            $
            14,024**LIABILITIES
                AND STOCKHOLDERS' DEFICIT**Current
                liabilities:Accounts
                payable
            
            $
            24,033
            
            $
            18,774Accounts
                payable - related party
            
            
            8,226
            
            
            8,032Accrued
                interest
            
            
            9,981
            
            
            3,326Note
                payable - related party
            
            
            70,050
            
            
            60,050Total
                current liabilities
            
            
            112,290
            
            
            90,182Commitments
                and contingencies
            
            
            -
            
            
            -Stockholders'
                deficitPreferred
                stock, par value $.001, 1,000,000 sharesauthorized;
                no shares issued and outstanding
            
            
            -
            
            
            -Common
                stock, par value $.001, 20,000,000 sharesauthorized;
                6,360,000 shares issued and outstanding
            
            
            6,360
            
            
            6,360Additional
                paid in capital
            
            
            (5,703
            )
            
            (5,703
            )Deficit
                accumulated during the development stage
            
            
            (114,202
            )
            
            (79,309
            )Other
                comprehensive income:Equity
                adjustment on foreign currency translation
            
            
            2,114
            
            
            2,494Total
                stockholders' deficit
            
            
            (111,431
            )
            
            (76,158
            )Total
                liabilities and stockholders' deficit
            
            $
            859
            
            $
            14,024


See
        accompanying notes to financial statements
 11


**NORTH
                COAST PARTNERS, INC.****(a
                development stage company)****STATEMENTS
                OF OPERATIONS****Years
                Ended August 31, 2007 and 2006, and****Period
                from July 23, 2001 (Inception) through August 31,
                2007**




Inceptionthrough2007
            
            2006
            
            2007Revenues
            
            $
            -
            
            $
            2,091
            
            $
            2,091Cost
                of sales
            
            
            -
            
            
            51
            
            
            51General
                and administrative expenses
            
            
            28,238
            
            
            27,119
            
            
            106,261Net
                loss from operations
            
            
            (28,238
            )
            
            (25,079
            )
            
            (104,221
            )Interest
                expense
            
            
            6,655
            
            
            2,497
            
            
            9,981Net
                loss
            
            
            (34,893
            )
            
            (27,576
            )
            
            (114,202
            )Other
                comprehensive income:Foreign
                currency adjustment
            
            
            (380
            )
            
            88
            
            
            2,114Comprehensive
                loss
            
            $
            (35,273
            )
            $
            (27,488
            )
            $
            (112,088
            )Basic
                and diluted net loss per share
            
            $
            (0.01
            )
            $
            (0.00
            )Basic
                and diluted weighted average shares outstanding
            
            
            6,360,000
            
            
            6,360,000




See
                accompanying notes to financial
                statements




12




**NORTH
                COAST PARTNERS, INC.****(a
                development stage company)****STATEMENTS
                OF CASH FLOW****Years
                Ended August 31, 2007 and 2006, and****Period
                from July 23, 2001 (Inception) through August 31,
                2007**




Inceptionthrough2007
            
            2006
            
            2007CASH
                FLOWS FROM OPERATING ACTIVITIES:Net
                loss
            
            $
            (34,893
            )
            $
            (27,576
            )
            $
            (114,202
            )Adjustments
                to reconcile net loss to netcash
                used in operating activities:Changes
                in:Inventory
            
            
            2,485
            
            
            (2,485
            )
            
            -Accounts
                payable
            
            
            5,259
            
            
            1,519
            
            
            11,259Accounts
                payable-related party
            
            
            194
            
            
            4,332
            
            
            4,526Accrued
                expenses
            
            
            6,655
            
            
            2,497
            
            
            9,981Net
                cash used in operating activities
            
            
            (20,300
            )
            
            (21,713
            )
            
            (88,436
            )CASH
                FLOWS FROM FINANCING ACTIVITIES:Proceeds
                from note payable - related party
            
            
            10,000
            
            
            30,550
            
            
            70,050Issuance
                of common stock for cash
            
            
            -
            
            
            -
            
            
            17,131Net
                cash provided by financing activities
            
            
            10,000
            
            
            30,550
            
            
            87,181EFFECT
                OF EXCHANGE RATE ON CHANGES IN CASH
            
            
            (380
            )
            
            88
            
            
            2,114NET
                CHANGE IN CASH
            
            
            (10,680
            )
            
            8,925
            
            
            859CASH
                AND CASH EQUIVALENTS, beginning of period
            
            
            11,539
            
            
            2,614
            
            
            -CASH
                AND CASH EQUIVALENTS, end of period
            
            $
            859
            
            $
            11,539
            
            $
            859Supplemental
                Non-Cash Transactions:Accounts
                payable due to reverse merger
            
            $
            -
            
            $
            -
            
            $
            12,774Accounts
                payable - related party due toreverse
                merger
            
            $
            -
            
            $
            -
            
            $
            3,700




See
                accompanying notes to financial
                statements


13




**NORTH
                COAST PARTNERS, INC.****(a
                development stage company)****STATEMENTS
                OF CHANGES IN STOCKHOLDERS' DEFICIT****Periods
                from July 23, 2001 (Inception) through August 31,
                2007**Number
                of
              Common
              Shares
              Issued
            
            Common
              Stock
            
            Paid
                in
              Capital
            
            Other
              Comprehensive
              Income
            
            Retained
              Deficit
            
            TotalShares
                issued to founder
            
            
            1
            
            $
            -
            
            $
            -
            
            $
            -
            
            $
            -
            
            $
            -Balances,
                August 31, 2002
            
            
            1
            
            
            -
            
            
            -
            
            
            -
            
            
            -
            
            
            -Issuance
                of common stockfor
                cash
            
            
            5,359,999
            
            
            5,360
            
            
            11,771
            
            
            -
            
            
            -
            
            
            17,131Net
                loss
            
            
            -
            
            
            -
            
            
            -
            
            
            -
            
            
            (10,031
            )
            
            (10,031
            )Foreign
                currency
            
            
            -
            
            
            -
            
            
            
            
            
            1,559
            
            
            -
            
            
            1,559Balances,
                August 31, 2003
            
            
            5,360,000
            
            
            5,360
            
            
            11,771
            
            
            1,559
            
            
            (10,031
            )
            
            8,659Net
                loss
            
            
            -
            
            
            -
            
            
            -
            
            
            -
            
            
            (1,574
            )
            
            (1,574
            )Foreign
                currency
            
            
            -
            
            
            -
            
            
            -
            
            
            420
            
            
            -
            
            
            420Balances,
                August 31, 2004
            
            
            5,360,000
            
            
            5,360
            
            
            11,771
            
            
            1,979
            
            
            (11,605
            )
            
            7,505Shares
                issued to North Coastin
                reverse merger
            
            
            1,000,000
            
            
            1,000
            
            
            (17,474
            )
            
            -
            
            
            -
            
            
            (16,474
            )Net
                loss
            
            
            -
            
            
            -
            
            
            -
            
            
            -
            
            
            (40,128
            )
            
            (40,128
            )Foreign
                currency
            
            
            -
            
            
            -
            
            
            -
            
            
            427
            
            
            -
            
            
            427Balances,
                August 31, 2005
            
            
            6,360,000
            
            
            6,360
            
            
            (5,703
            )
            
            2,406
            
            
            (51,733
            )
            
            (48,670
            )Net
                loss
            
            
            -
            
            
            -
            
            
            -
            
            
            -
            
            
            (27,576
            )
            
            (27,576
            )Foreign
                currency
            
            
            -
            
            
            -
            
            
            -
            
            
            88
            
            
            -
            
            
            88Balances,
                August 31, 2006
            
            
            6,360,000
            
            
            6,360
            
            
            (5,703
            )
            
            2,494
            
            
            (79,309
            )
            
            (76,158
            )Net
                loss
            
            
            -
            
            
            -
            
            
            -
            
            
            -
            
            
            (34,893
            )
            
            (34,893
            )Foreign
                currency
            
            
            -
            
            
            -
            
            
            -
            
            
            (380
            )
            
            -
            
            
            (380
            )Balances,
                August 31, 2007
            
            
            6,360,000
            
            $
            6,360
            
            $
            (5,703
            )
            $
            2,114
            
            $
            (114,202
            )
            $
            (111,431
            )




See
                accompanying notes to financial
                statements




14


NORTH
      COAST PARTNERS, INC.


(a
      development stage company)


**NOTES
      TO FINANCIAL STATEMENTS**






NOTE
      1 -
      SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES




Nature
      of
      Operations. North Coast Partners, Inc. (“North Coast”) was incorporated in the
      province of British Columbia on July 23, 2001 as 631411 B.C., LTD, and renamed
      Transworld Media, Inc. on October 28, 2002. It was reincorporated in Wyoming
      and
      renamed Trans Media, Inc. (“Trans Media”) on November 18, 2004. On December 13,
      2004, Trans Media was purchased by North Coast Partners, Inc. in a transaction
      recorded as a reverse capitalization. As a result of this transaction the name
      of the company was changed to North Coast. North Coast issued 5,360,000 shares
      to Trans Media’s shareholders in exchange for 100% of the outstanding stock of
      Trans Media. Immediately prior to the merger, North Coast had 1,000,000 shares
      outstanding, resulting in Trans Media’s shareholders holding 84% of the
      post-acquisition outstanding shares of North Coast.




North
      Coast’s business strategy is to grow in stature in the fast expanding South
      Asian population in North America’s multicultural society by sponsoring musical
      concerts and by producing music (audio and video) in various categories such
      as
      children’s songs and wedding songs from various regions of South
      Asia.




North
      Coast’s fiscal year end is August 31st.




Use
      of
      Estimates. In preparing financial statements, management makes estimates and
      assumptions that affect the reported amounts of assets and liabilities in the
      balance sheet and revenue and expenses in the statement of expenses. Actual
      results could differ from those estimates.




Cash
      and
      Cash Equivalents. For purposes of the statement of cash flows, North Coast
      considers all highly liquid investments purchased with an original maturity
      of
      three months or less to be cash equivalents.




Revenue
      Recognition. North Coast recognizes revenue when persuasive evidence of an
      arrangement exists, services
      have been rendered, the sales price is fixed or determinable, and collectibility
      is reasonably assured. This typically occurs when services or products are
      delivered to the customer.




15


Inventory.
      Inventory is stated at the lower of cost or market value.




Income
      Taxes. Canadian income tax expense is based on reported earnings before income
      taxes. Deferred income taxes reflect the impact of temporary differences between
      assets and liabilities recognized for financial reporting purposes and such
      amounts recognized for tax purposes, and are measured by applying enacted tax
      rates in effect in years in which the differences are expected to
      reverse.




Foreign
      currency translation. North Coast’s assets and liabilities are translated to
      U.S. dollars at end-of-period exchange rates. The effects of this translation
      are reported in other comprehensive income. Income statement elements are
      translated to U.S. dollars at average-period exchange rates. Also included
      in
      income are gains and losses arising from transactions denominated in a currency
      other than Canadian dollars, the functional currency.




Basic
      and
      diluted Loss per Share. Basic loss per share has been computed by dividing
      net
      loss by the weighted average number of shares outstanding. There were no common
      stock equivalents outstanding at August 31, 2007 and 2006. Accordingly, basic
      and diluted loss per share is the same for all periods presented.




Recently
      issued accounting pronouncements. North Coast does not expect the adoption
      of
      recently issued accounting pronouncements to have a significant impact on North
      Coast results of operations, financial position or cash flow.




NOTE
      2 -
      GOING CONCERN




As
      shown
      in the accompanying financial statements, North Coast incurred recurring net
      losses of $34,893 and $27,576 in fiscal 2007 and 2006, respectively, has an
      accumulated deficit of $114,202 and a working capital deficit of $111,431 as
      of
      August 31, 2007. These conditions raise substantial doubt as to North Coast’s
      ability to continue as a going concern. Management is trying to raise additional
      capital through sales of stock and loans from related parties. The financial
      statements do not include any adjustments that might be necessary if North
      Coast
      is unable to continue as a going concern.




NOTE
      3 -
      NOTES PAYABLE




On
      February 7, 2005, North Coast borrowed $29,500 from a related party. The terms
      of the original promissory note were amended on March 7, 2005 to provide for
      an
      interest rate at the prevailing prime rate of Standard Chartered Bank plus
      2%
      interest per annum, and the original due date of June 2005 was extended several
      times and is currently due in January 2008.




16


On
      September 8, 2005, North Coast borrowed an additional $10,500 from the same
      related party. The terms of the promissory note provide for an interest rate
      at
      the prevailing prime rate of Standard Chartered Bank plus 2% per annum, and
      the
      original due date of December 7, 2005 was extended several times and is
      currently due in January 2008.




In
      March
      2006, North Coast borrowed an additional $20,050 from the same related party.
      The terms of the promissory note provide for an interest rate at the prevailing
      prime rate of Standard Chartered Bank plus 2% per annum, and the original due
      date of June 2, 2006 was extended several times and is currently due in January
      2008.




In
      February 2007, North Coast borrowed an additional $5,000 from the same related
      party. The terms of the promissory note provide for an interest rate at the
      prevailing prime rate of Standard Chartered Bank plus 2% per annum, and the
      original due date of June 1, 2007 was extended several times and is currently
      due in January 2008.




In
      April
      2007, North Coast borrowed an additional $5,000 from the same related party.
      The
      terms of the promissory note provide for an interest rate at the prevailing
      prime rate of Standard Chartered Bank plus 2% per annum, and the original due
      date of October 1, 2007 has been extended to January 2008.




All
      notes
      are unsecured, and contain a contingency clause stating that if the notes are
      not paid by the maturity date, they will become convertible at $0.10 per share
      at the option of the lender. This clause was not in effect as of August 31,
      2007, and therefore the notes were not analyzed for a beneficial conversion
      feature or to determine if they required derivative treatment.




NOTE
      4 -
      COMMON STOCK




On
      July
      23, 2001 (inception) one share was issued to the founding shareholder. In
      November 2002, Trans Media issued 5,359,999 shares of common stock for cash
      proceeds totaling $17,131. On December 13, 2004, Trans Media was purchased
      by
      North Coast Partners, Inc. in a transaction recorded as a reverse
      capitalization. North Coast issued 5,360,000 shares to Trans Media’s
      shareholders in exchange for 100% of the outstanding stock of Trans Media.
      Immediately prior to this merger, North Coast had 1,000,000 shares outstanding,
      resulting in Trans Media’s shareholders holding 84% of the post-acquisition
      total outstanding shares of North Coast.




NOTE
      5 -
      COMMITMENTS




North
      Coast principal office is in the office of North Coast’s president pursuant to a
      verbal agreement on a rent-free month-to-month basis.




17




NOTE
      6 -
      INCOME TAXES




North
      Coast uses the liability method, where deferred tax assets and liabilities
      are
      determined based on the expected future tax consequences of temporary
      differences between the carrying amounts of assets and liabilities for financial
      and income tax reporting purposes. During fiscal 2007 and 2006, North Coast
      incurred net losses and, therefore, has no tax liability. The net deferred
      tax
      asset generated by the loss carry-forward has been fully reserved. The
      cumulative net operating loss carry-forward is approximately $134,028 and
      $97,010 at August 31, 2007 and 2006, respectively, and will expire in the years
      2011 through 2014.





Deferred
      tax assets consisted of the following:




2007
              
              2006Deferred
                  tax assetsNet
                  operating losses
              
              $
              45,570
              
              
              40,744Less:
                  valuation allowance
              
              
              (45,570
              )
              
              (40,744
              )Net
                  deferred tax asset
              
              $
              0
              
              $
              0


NOTE
      7 -
      CONCENTRATIONS




North
      Coast relies on one related party lender for all debt.




NOTE
      8 -
      SUBSEQUENT EVENTS




NOTES
      PAYABLE




In
      September 2007 the due dates of the notes payable to related party in the
      amounts of $29,500, $10,500, $20,050, $5,000 and $5,000 were extended to January
      2008 with the terms remaining the same (see note 3 for details).




18





**Item
              8.**
            **Changes
                In and Disagreements with Accountants on Accounting and****Financial
                Disclosure.**





None.





**Item
              8A.**
            **Controls
                and Procedures.**





**Disclosure
      Controls and Procedures**





Our
      disclosure controls and procedures are designed to ensure that information
      required to be disclosed in reports that we file or submit under the Securities
      Exchange Act of 1934 is recorded, processed, summarized and reported within
      the
      time periods specified in the rules and forms of the SEC. Our Chief Executive
      Officer and Chief Financial Officer have reviewed the effectiveness of our
      “disclosure controls and procedures” (as defined in the Securities Exchange Act
      of 1934 Rules 13a-14(c) and 15d-14(c)) during the period covered by this report
      and have concluded that the disclosure controls and procedures are effective
      to
      ensure that material information relating to us is recorded, processed,
      summarized, and reported in a timely manner. There were no significant changes
      in our internal controls or in other factors that could significantly affect
      these controls subsequent to the last day they were evaluated by our Chief
      Executive Officer and Chief Financial Officer.





**Internal
      Controls Over Financial Reporting**





There
      have not been any changes in our internal controls over financial reporting
      (as
      such term is defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act)
      during our most recent fiscal year that have materially affected, or are
      reasonably likely to materially affect, our internal controls over financial
      reporting.





**Item
                9.**
              **Directors,
                  Executive Officers, Promoters, Control Persons and****Corporate
                  Governance; Compliance with Section 16(a) of the****Exchange
                  Act.**





Each
      director of our Company serves for a term of one year or until the successor
      is
      elected at the Company's annual shareholders' meeting and is qualified, subject
      to removal by the Company's shareholders. Each officer serves, at the pleasure
      of the board of directors, for a term of one year and until the successor is
      elected at the annual meeting of the board of directors and is qualified.





Set
      forth
      below is the name, age and present principal occupation or employment, and
      material occupations, positions, offices or employments for the past five years
      of our current directors and executive officers.





19





**Name**
            
            **Age**
            
            **Positions
                and Offices**Mel
                Venkateswaran
            
            61
            
            Chief
                Executive Officer and DirectorWong
                Peck Ling
            
            37
            
            Chief
                Financial Officer and Director





Mel
      Venkateswaran has been our Chief Executive Officer and a Director since December
      13, 2004. Presently, Mr. Venkateswaran is also a registered industrial
      accountant and has had his own Canadian accounting practice since 1987. From
      the
      early 1960's to 2005, Mr. Venkateswaran has developed his singing career,
      performing in Bombay, Delhi, Calcutta and northern India, US, Germany, and
      appearing on television in Canada. Over the years, he has been featured in
      programs sponsored by various cultural organizations including appearances
      in
      Toronto, London, Vancouver, Kitchener, Ottawa, Calgary, Edmonton, Montreal
      and
      Winnipeg in Canada. Mr. Venkateswaran has performed in London, UK for the
      Gujarathi Association of London, participated in fund raising cultural
      competitions in Trinidad, and has led musical troupes for performances in Zaire,
      East Africa including Kampala, Malaysia, Nairobi, Kenya, Tanzania and Mwanza.
      He
      is featured at the Asian Television Network on TV in Canada twice a year. Mr.
      Venkateswaran is an accomplished singer in various ethnic languages, release
      in
      1988 of his first recording with multicultural orchestra sponsored by the
      Eastern Fine Arts Academy of Toronto. Mr. Venkateswaran received his Masters
      Degree in Management Sciences from Ottawa University and graduated with an
      MBA
      from York University, Canada in 1975.





Wong
      Peck
      Ling has been our Chief Financial Officer and a director since January 30,
      2004,
      and was our Chief Executive Officer from January 30, 2004 until December 13,
      2004. From July 1992 to September 1995, Ms. Wong was an external auditor with
      Ernst & Young Public Accountants in Kuala Lumpur, Malaysia. In June 1997,
      Ms. Wong joined Insinger Brumby, a Labuan private management company and is
      presently an executive director. Ms. Wong is a member of the CPA Australia
      (CPA), a Chartered Accountant with the Malaysian Institute of Accountants.
      In
      July 1992, Ms. Wong graduated from Monash University in Melbourne, Australia
      with a Bachelor of Economics degree, majoring in Accounting.





None
      of
      our directors or officers is a director in any other reporting companies. None
      of our directors or officers has been affiliated with any company that has
      filed
      for bankruptcy within the last five years. There
      are no family relationships among our directors or officers. We are not aware
      of
      any proceedings to which any of our officers or directors, or any associate
      of
      any such officer or director, is a party adverse to our Company or any of our
      subsidiaries or has a material interest adverse to it or any of its
      subsidiaries.





Audit
      Committee Financial Expert .





The
      Board
      of Directors has not established an audit committee and does not have an audit
      committee financial expert. The Board is of the opinion that an audit committee
      is not necessary since the Company has only two directors and to date, such
      directors have been performing the functions of an audit committee.





20


Section
      16(a) Beneficial Ownership Reporting Compliance .





Section
      16(a) of the Securities Exchange Act of 1934 requires officers and Directors
      of
      the Company and persons who own more than ten percent of a registered class
      of
      the Company's equity securities to file reports of ownership and changes in
      their ownership with the Securities and Exchange Commission, and forward copies
      of such filings to the Company. We believe, based solely on our review of the
      copies of such forms and other written representations to us, that during the
      fiscal year ended August 31, 2007, all reporting persons have complied with
      all
      applicable Section 16(a) filing requirements.





Code
      of Ethics .
      The
      Company has not yet adopted a Code of Ethics because it has only two directors.





**Item
              10.**
            **Executive
                Compensation.**





**Summary
      Compensation**





The
      following table presents certain specific information regarding the compensation
      of our Chief Executive Officer and Chief Financial Officer during the last
      three
      fiscal years. Except as set forth below, we have not paid any other executive
      officer in excess of $100,000 (including salaries and benefits) during the
      years
      ended August 31, 2007, 2006 or 2005.




SUMMARY
                  COMPENSATION TABLEAnnual
                  compensation
              Long-term
                  compensationAwards
              PayoutsName
                  and
                principal
                position
              Fiscal
                Year
                Covered
              Salary
                ($)
              Bonus
                ($)
              Other
                annual
                compensa
                -tion
                ($)
              Restrict-ed
                stock
                award(s)
                ($)
              Securities
                under-
                lying
                options/
                SARs
                (#)
              LTIP
                payouts
                ($)
              All
                  other
                compen-
                sation
                ($)(a)
              (b)
              (c)
              (d)
              (e)
              (f)
              (g)
              (h)
              (i)Mel
                  Venka-
                Teswaran,
                CEO
              2007
                2006
                2005
              0
                0
                0
              0
                0
                0
              0
                0
                0
              0
                0
                0
              0
                0
                0
              0
                0
                0
              0
                0
                0Wong
                  Peck
                Ling,
                CFO
              2007
                2006
                2005
              0
                0
                0
              0
                0
                0
              0
                0
                0
              0
                0
                0
              0
                0
                0
              0
                0
                0
              0
                0
                0
 
 21





**Grants
      of Stock Options and Stock Appreciation Rights**





No
      stock
      options or stock appreciation rights were granted to any of our directors or
      executive officers during the fiscal year ended August 31, 2007.





**Option/
      SAR Exercises**





None
      of
      our directors or executive officers exercised any stock options or stock
      appreciation rights during the fiscal year ended August 31, 2007, and none
      of
      them holds unexercised stock options held as of such date.





**Long
      Term Incentive Plan Awards**





The
      Company has no long-term incentive plans.





**Compensation
      of Directors**





Our
      directors do not receive compensation for their services as
      directors.





**Employment
      Contracts**





There
      are
      no employment agreements between the Company and any of our directors or
      executive officers.





**Item
              11.**
            **Security
                Ownership of Certain Beneficial Owners and Management****and
                Related Stockholder
                Matters.**





The
      following table lists, as of October 15, 2007, the number of shares of common
      stock of our Company that are beneficially owned by (i) each person or entity
      known to our Company to be the beneficial owner of more than 5% of the
      outstanding common stock; (ii) each officer and director of our Company; and
      (iii) all officers and directors as a group. Information relating to beneficial
      ownership of common stock by our principal shareholders and management is based
      upon information furnished by each person using “beneficial ownership” concepts
      under the rules of the Securities and Exchange Commission. Under these rules,
      a
      person is deemed to be a beneficial owner of a security if that person has
      or
      shares voting power, which includes the power to vote or direct the voting
      of
      the security, or investment power, which includes the power to vote or direct
      the voting of the security. The person is also deemed to be a beneficial owner
      of any security of which that person has a right to acquire beneficial ownership
      within 60 days. Under the Securities and Exchange Commission rules, more than
      one person may be deemed to be a beneficial owner of the same securities, and
      a
      person may be deemed to be a beneficial owner of securities as to which he
      or
      she may not have any pecuniary beneficial interest. Except as noted below,
      each
      person has sole voting and investment power.





22


The
      percentages below are calculated based on 6,360,000 shares of our common stock
      issued and outstanding as of October 15, 2007. We do not have any outstanding
      options, warrants or other securities exercisable for or convertible into shares
      of our common stock. Unless otherwise indicated, the address of each person
      listed is c/o North Coast Partners, Inc., 909 Logan Street, Suite 7J, Denver,
      Colorado 80203.





Name
                of Beneficial Owner
            
            Title
                Of Class
            
            Amount
                and Nature
              of
                Beneficial Ownership
            
            Percent
                of ClassWong
                Peck Ling(1)
            
            Common
            
            806,000(3)
            
            12.7%Stamford
                Bridge Holdings Limited
            
            Common
            
            806,000(3)
            
            12.7%Mel
                Venkateswaran(1)
            
            Common
            
            240,000
            
            3.8%Don
                Montague(2)
            
            N/A
            
            0
            
            0Directors
                and Officers as a Group (3 persons)
            
            Common
            
            1,046,000
            
            16.4%





(1)  Director
      and Officer.


(2)  Former
      Officer. Mr. Montague was the Secretary of the Company until he passed away
      on
      January 27, 2007.


(3)  Stamford
      Bridge Holdings Limited owns 806,000 shares of our common stock. Ms. Wong Peck
      Ling, our Chief Financial Officer and a director, is the sole shareholder of
      Stamford Bridge Holdings Limited and is deemed to beneficially own the shares
      owned by Stamford Bridge Holdings Limited.





**Item
                12.**
              **Certain
                  Relationships and Related Transactions, and Director****Independence.**





On
      February 7, 2005, North Coast borrowed $29,500 from one of our shareholders,
      Stamford Bridge Holdings Limited. The terms of the original promissory note
      were
      amended on March 7, 2005 to provide for an interest rate at the prevailing
      prime
      rate of Standard Chartered Bank plus 2% interest per annum, and the original
      due
      date of June 2005 was extended several times and is currently due in January
      2008.





23


On
      September 8, 2005, North Coast borrowed an additional $10,500 from the same
      related party. The terms of the promissory note provide for an interest rate
      at
      the prevailing prime rate of Standard Chartered Bank plus 2% per annum, and
      the
      original due date of December 7, 2005 was extended several times and is
      currently due in January 2008.





In
      March
      2006, North Coast borrowed an additional $20,050 from the same related party.
      The terms of the promissory note provide for an interest rate at the prevailing
      prime rate of Standard Chartered Bank plus 2% per annum, and the original due
      date of June 2, 2006 was extended several times and is currently due in January
      2008.





In
      February 2007, North Coast borrowed an additional $5,000 from the same related
      party. The terms of the promissory note provide for an interest rate at the
      prevailing prime rate of Standard Chartered Bank plus 2% per annum, and the
      original due date of June 1, 2007 was extended several times and is currently
      due in January 2008.





In
      April
      2007, North Coast borrowed an additional $5,000 from the same related party.
      The
      terms of the promissory note provide for an interest rate at the prevailing
      prime rate of Standard Chartered Bank plus 2% per annum, and the original due
      date of October 1, 2007 has been extended to January 2008.





All
      notes
      are unsecured, and contain a contingency clause stating that if the notes are
      not paid by the maturity date, they will become convertible at $0.10 per share
      at the option of the lender.





**Director
      Independence**





We
      are
      not subject to listing requirements of any national securities exchange or
      national securities association and, as a result, we are not at this time
      required to have our board comprised of a majority of “independent directors.”
We do not believe that any of our directors currently meet the definition of
      “independent” as promulgated by the rules and regulations of the American Stock
      Exchange.





**Item
              13.**
            **Exhibits.**





Number
            Description




3.1
            Certificate
                of Incorporation (filed as Exhibit 3.1 to our registration statement
                on
                Form 10-SB filed with the SEC on February 8, 2000 (SEC File No. 000-29397)
                (the “2000 Form 10-SB”) and incorporated herein by
                reference).




24


Number
              Description


3.2
            Bylaws
                (filed as Exhibit 3.2 to the 2000 Form 10-SB and incorporated herein
                by
                reference).10.1
            Plan
                of Arrangement and Share Exchange Agreement dated for reference September
                29, 2004, between North Coast Partners, Inc., Transworld Media Inc.
                and
                the Shareholders of Transworld Media Inc. (filed as Exhibit 10.1
                to the
                Current Report on Form 8-K, dated December 13, 2004, filed with the
                SEC on
                December 15, 2004 (the “2004 Merger Form 8-K”) and incorporated herein by
                reference)10.2
            Order
                No. L042799 issued by the Supreme Court of British Columbia in the
                Matter
                of the Arrangement among Transworld Media Inc. and its members and
                North
                Coast Partners, Inc. (filed as Exhibit 10.2 to the 2004 Merger Form
                8-K
                and incorporated herein by reference)16.1
            Letter
                from Pritchett Siler & Hardy, to the Securities and Exchange
                Commission, dated February 17, 2005, on the change in the certifying
                accountant (filed as Exhibit 16.1 to the Current Report on Form 8-K,
                dated
                February 15, 2005, filed with the SEC on February 17, 2005, and
                incorporated herein by reference)31.1
            Certification
                of Principal Executive Officer pursuant to Section 302 of the
                Sarbanes-Oxley Act*31.2
            Certification
                of Principal Financial Officer pursuant to Section 302 of the
                Sarbanes-Oxley Act*32.1
            Certification
                of Principal Executive Officer and Principal Financial Officer pursuant
                to
                Section 906 of the Sarbanes-Oxley*





*
      Exhibit
      filed herewith.





**Item
              14.**
            **Principal
                Accountant Fees and
                Services.**





Malone
      & Bailey, PC are our independent auditors. We have no disagreement with our
      independent auditors on any matter of accounting principle or practice,
      financial statement disclosure or auditing scope or procedure.





**Audit
      Fees**





The
      aggregate fees billed by Malone & Bailey, PC for professional services
      rendered for the audit of the Company's annual financial statements on Form
      10-KSB and the review of the financial statements included in the Company’s
      quarterly reports on Form 10-QSB for the fiscal years ended August 31, 2007
      and
      2006 were $15,500 and $9,130, respectively.





25


**Audit-Related
      Fees**





The
      aggregate fees billed for assurance and related services by the principal
      accountant that are reasonably related to the performance of the audit or review
      of the Company's financial statements for the fiscal years ended August 31,
      2007
      and 2006 were $0 and $0, respectively.





**Tax
      Fees**





The
      aggregate fees billed for tax compliance, tax advice and tax planning rendered
      by our independent auditors for the fiscal years ended August 31, 2007 and
      2006
      were $0 and $0, respectively.





**All
      Other Fees**





The
      aggregate fees billed for all other professional services rendered by our
      independent auditors for the fiscal years ended August 31, 2007 and 2006 were
      $0
      and $0, respectively.





**Policy
      on pre-approval of audit and permissible non-audit
      services**





Our
      Board
      of Directors unanimously approved 100% of the fees paid to the principal
      accountant for audit-related, tax and other fees. Our Board of Directors
      pre-approves all non-audit services to be performed by the auditor. The
      percentage of hours expended on the principal accountant's engagement to audit
      our financial statements for the most recent fiscal year that were attributed
      to
      work performed by persons other than the principal accountant's full-time,
      permanent employees was 0%.





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**SIGNATURES**




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





NORTH
                COAST PARTNERS, INC.October
                18, 2007
            By:
            /s/
                Mel VenkateswaranName:
            Mel
                VenkateswaranTitle:
            Chief
                Executive Officer and Director(Principal
                Executive Officer)October
                18, 2007
            By:
            /s/
                Wong Peck LingName:
            Wong
                Peck LingTitle:
            Chief
                Financial Officer and Director(Principal
                Financial and AccountingOfficer)








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