UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 10-QSB



|ý | Quarterly report pursuant section 13 or 15(d) of the Securities Exchange Act of 1934
For the quarterly period ended October 31, 2007                     
|- | ---------------------------------------------------------------------------------------------------------------------------------------------------------
|r | Transition report pursuant section 13 or 15(d) of the Securities Exchange Act of 1934
For the transition period from ________________ to ________________
|  | Commission file number 0-29067                                                                                                                           

Most Home Corp.



|Nevada 
(State of Incorporation) | 98-0173359
(I.R.S. Employer Identification No.)
|-------------------------------- | -----------------------------------------------



Unit 1, 11491 Kingston Street
			Maple Ridge, British Columbia, Canada V2X 0Y6
			Tel: (604) 460-7634(Address and telephone number of
			Registrant's principal
			executive offices and principal place of business)




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 ý
      No r

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

As of December 11, 2007 the Company had 35,491,591 outstanding shares of Common Stock. This amount excludes 1,164,183 shares of common stock issuable upon the conversion of 1,164,183 Series A Preferred shares.

Transitional Small Business Disclosure Format (Check one):  Yes q
   No ý





---



















Consolidated Financial Statements of

MOST HOME CORP.

(Expressed in U.S. dollars)

For the Three Month Period Ended October 31, 2007






2  MOST HOME CORP.Consolidated Balance Sheets
	(Expressed in U.S. dollars) October
			31,
			2007
			$
			(Unaudited)
			
			July 31,
			2007
			$AssetsCurrent
			AssetsCash
			29,018
			
			18,443Accounts receivable, net of allowance for doubtful accounts of $nil
			and $nil, respectively
			193,617
			
			269,407Prepaid expenses
			20,099
			
			33,237Due from related party (Note 9(a))
			33,091
			
			31,938Total
			Current Assets
			275,825
			
			353,025Deferred acquisition costs
			148,829
			
			119,334Property and equipment (Note 3)
			109,213
			
			105,134Intangible assets (Note 4)
			128,461
			
			156,794Goodwill (Note 5)
			754,892
			
			754,892Total
			Assets
			1,417,220
			
			1,489,179Liabilities and Stockholders' EquityCurrent
			LiabilitiesShort-term borrowings (Note 6)
			175,410
			
			156,389Accounts payable (Note 9(c))
			1,003,760
			
			880,308Accrued liabilities (Note 7)
			1,195,762
			
			983,126Loans payable (Note 8)
			123,906
			
			111,585Due to related party (Note 9(b))
			226,153
			
			213,988Deferred revenue
			163,279
			
			159,415Total
			Current Liabilities
			2,888,270
			
			2,504,811Long-term loans payable, net of current portion (Note 8)
			4,285
			
			4,196Total
			Liabilities
			2,892,555
			
			2,509,007Going Concern (Note 1)Commitments (Note 13)Subsequent Events (Note 15)Stockholders' Equity (Deficit)Series A preferred stock, $0.001 par value; Issued and outstanding:
			1,164,183 and 1,164,183, respectively (Note 10)
			1,164
			
			1,164Common stock
			Authorized 250,000,000 shares, $0.001 par value;
			Issued and outstanding: 34,901,591 and 34,150,591, respectively
			34,902
			
			34,151Additional paid-in
			capital
			9,962,301
			
			9,647,656Share
			subscriptions receivable (Note 9(a))
			(43,469)
			
			(43,469)Accumulated
			deficit
			(11,149,541)
			
			(10,575,374)Accumulated other
			comprehensive income (loss)
			(280,692)
			
			(83,956)Total
			Stockholders' Equity
			(1,475,335)
			
			(1,019,828)Total
			Liabilities and Stockholders' Equity
			1,417,220
			
			1,489,179  See accompanying notes to
	the consolidated financial statements 3  MOST HOME CORP.Consolidated Statements of Operations
	(Expressed in U.S. dollars)
	(unaudited) For the three months ended
			October 31,2007
			$
			
			2006
			$Net Revenues
			585,961
			
			565,396Cost of Revenues
			229,630
			
			204,870Gross Margin
			356,331
			
			360,526Operating ExpensesAmortization
			37,311
			
			46,891Research and development
			104,695
			
			206,936Selling, general and administrative
			745,627
			
			814,872Total Operating Expenses
			887,633
			
			1,068,699Loss from Operations
			(531,302)
			
			(708,173)Other ExpensesInterest expense
			(42,865)
			
			(26,189)Total Other Expenses
			(42,865)
			
			(26,189)Net Loss for the Period
			(574,167)
			
			(734,362)Other Comprehensive LossForeign currency translation
			adjustments
			(196,736)
			
			(70,901)Comprehensive Loss
			(770,903)
			
			(805,263)Net Loss Per Common Share - Basic and
			Diluted
			$(0.02)
			
			$(0.02)Weighted Average Common Shares
			Outstanding
			34,321,000
			
			29,980,000 See
	accompanying notes to the consolidated financial statements








4   MOST HOME CORP.Consolidated Statements of Stockholders' Equity
	(Expressed in U.S. dollars)
	(unaudited) Series
				A Preferred Stock
				Common
				Stock
				AdditionalPaid-in
				Share
				Subscriptions
				Accumulated
				Accumulated
				Other
				Comprehensive
				Total
				Stockholders'
				EquityShares
				#
				Amount
				$
				Shares
				#
				Amount
				$
				Capital
				$
				Receivable
				$
				Deficit
				$
				Income
				(Loss)
				$
				(Deficit)
				$Balance, July 31, 2007
			1,164,183
			1,164
			34,150,591
			34,151
			9,647,656
			(43,469)
			(10,575,374)
			(83,956)
			(1,019,828)Common stock issued for cash pursuant to
			private placements
			-
			-
			750,000
			750
			299,250
			-
			-
			-
			300,000Stock issuance costs
			-
			-
			-
			-
			(1,000)
			-
			-
			-
			(1,000)Common stock issued pursuant to the
			exercise of stock options
			-
			-
			1,000
			1
			349
			-
			-
			-
			350Fair value of stock options vested
			-
			-
			-
			-
			16,046
			-
			-
			-
			16,046Foreign currency translation adjustment
			-
			-
			-
			-
			-
			-
			-
			(196,736)
			(196,736)Net loss for the period
			-
			-
			-
			-
			-
			-
			(574,167)
			-
			(574,167)Balance, October 31, 2007
			1,164,183
			1,164
			34,901,591
			34,902
			9,962,301
			(43,469)
			(11,149,541)
			(280,692)
			(1,475,335)      See accompanying notes to the consolidated
	financial statements


5   MOST HOME CORP.Consolidated Statements of Cash Flows
	(Expressed in U.S. dollars)
		(unaudited) For the three months ended
			October 31,2007
			$
			2006
			$Operating
			ActivitiesNet loss for the
			period
			(574,167)
			(734,362)Adjustments to
			reconcile net loss to net cash used in operating activities:Amortization
			37,311
			46,891Stock-based
			compensation
			16,046
			110,740Changes in operating
			asset and liabilities:Accounts receivable
			108,326
			29,263Prepaid expenses
			15,962
			(20,733)Due from related
			party
			(1,153)
			(1,153)Accounts payable
			23,730
			259,744Accrued liabilities
			95,282
			137,607Deferred revenue
			(16,740)
			(45,949)Net Cash Used In
			Operating Activities
			(295,403)
			(217,952)Investing ActivitiesPurchases of
			property and equipment
			-
			(420)Deferred acquisition
			costs
			(29,495)
			-Net Cash Used In
			Investing Activities
			(29,495)
			(420)Financing ActivitiesIncrease in
			short-term borrowings
			19,021
			76,464Proceeds from loans
			payable
			10,941
			29,414Repayment of loans
			payable
			(10,944)
			-Proceeds from
			issuances of common stock
			300,350
			147,500Stock issuance costs
			(1,000)
			(12,500)Advances from
			related parties
			53,153
			410Repayment to related
			parties
			(68,654)
			-Net Cash Provided By
			Financing Activities
			302,867
			241,288Effect of Exchange
			Rate Changes on Cash
			32,606
			(71,226)Increase (Decrease)
			in Cash
			10,575
			(48,310)Cash, Beginning of
			Period
			18,443
			48,310Cash, End of Period
			29,018
			-Supplemental Disclosures:Interest paid
			14,848
			-Income taxes paid
			-
			- See
	accompanying notes to the consolidated financial statements


6

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MOST HOME CORP.Notes to the Consolidated Financial Statements
(Expressed in U.S. dollars)
(unaudited)

1.   Nature of Operations and Continuance of Business

Most Home Corp.
(the "Company") was incorporated under the laws of the State of Nevada on
June 4, 1997. On April 28, 2000, the Company acquired two Canadian corporations
in a series of transactions that were accounted for using the purchase method.
Prior to the purchase, the Company was in the development stage as it was
devoting substantially all of its efforts to the identification and development
of new business opportunities.

On June 13, 2005,
the Company acquired Executive Wireless, Inc. under a Share Exchange Agreement.

Following the
purchase transactions described above, the Company's primary business activity
is providing lead acquisition, response and management services to real estate
brokers and agents across North America, along with website and wireless realty
products.

These consolidated
financial statements are prepared in conformity with accounting principles
generally accepted in the United States applicable to a going concern, which
contemplates the realization of assets and discharge of liabilities in the
normal course of business. The Company has incurred recurring losses and
negative cash flows from operations and as at October 31, 2007 has an
accumulated deficit of $11,149,541. The Company also had a working capital
deficit of $2,612,445 as at October 31, 2007. These factors raise substantial
doubt regarding the Company's ability to continue as a going concern. These
financial statements do not include any adjustments that might result from the
outcome of this uncertainty.

Additional debt or
equity financing of approximately $3,000,000 will be required for the next
twelve months and may not be available on reasonable terms. Management's
intention is to generate sufficient financing through the sale of common stock,
the exercise of outstanding stock options and warrants, and also by an increased
level of revenues generated. There can be no certainty that these sources will
provide the additional funds required for the next twelve months.

2.   Significant Accounting Policies

(a)  Principles of Consolidation

The consolidated
financial statements include the accounts of the Company and its wholly-owned
subsidiaries. All significant inter-company balances and transactions have been
eliminated in the consolidated financial statements.

(b)  Interim Financial
Statements

The interim
unaudited consolidated financial statements have been prepared in accordance
with accounting principles generally accepted in the United States for interim
financial information and with the instructions for Securities and Exchange
Commission ("SEC") Form 10-QSB. They do not include all of the information and
footnotes required by generally accepted accounting principles for complete
financial statements. Therefore, these financial statements should be read in
conjunction with the Company's audited consolidated financial statements and
notes thereto for the year ended July 31, 2007, included in the Company's Annual
Report on Form 10-KSB filed on November 13, 2007 with the SEC. The consolidated
financial statements included herein are unaudited; however, they contain all
normal recurring accruals and adjustments that, in the opinion of management,
are necessary to present fairly the Company's consolidated financial position at
October 31, 2007, and the consolidated results of its operations and
consolidated cash flows for the three months ended October 31, 2007 and 2006.
The results of operations for the three months ended October 31, 2007 are not
necessarily indicative of the results to be expected for future quarters or the
full year.

7

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MOST HOME CORP.Notes to the Consolidated Financial Statements
(Expressed in U.S. dollars)
(unaudited)

2.    Significant Accounting Policies (continued)

(b)  Use of Estimates

The preparation of financial statements in conformity with U.S. generally
accepted accounting principles requires management to make estimates and
assumptions that affect the reported amounts of assets and liabilities and
disclosure of contingent assets and liabilities at the date of the financial
statements and the reported amounts of revenues and expenses during the
reporting period. Actual results could differ from those estimates. The Company
regularly evaluates estimates and assumptions related to useful life and
expected future cash flows used to evaluate the recoverability of long-lived
assets, collectibility of accounts receivable, stock-based compensation and
deferred income tax asset valuation allowances. The Company bases its estimates
and assumptions on current facts, historical experience and various other
factors that it believes to be reasonable under the circumstances, the results
of which form the basis for making judgments about the carrying values of assets
and liabilities and the accrual of costs and expenses that are not readily
apparent from other sources. The actual results experienced by the Company may
differ materially and adversely from the Company's estimates. To the extent
there are material differences between the estimates and the actual results,
future results of operations will be affected.

(c)  Cash and Cash Equivalents

The Company considers
all highly liquid instruments with a maturity of three months or less at the
time of issuance to be cash equivalents.

(d)  Accounts Receivable

The Company
recognizes allowances for doubtful accounts to ensure accounts receivable are
not overstated due to the inability or unwillingness of its customers to make
required payments. The allowance is based on the age of receivable and the
specific identification of receivables the Company considers at risk.

(e)  Property and Equipment

Property and equipment are recorded at
cost. Amortization has been provided using the following rates and methods:

|Computer hardware      | 30% declining balance        
|---------------------- | -----------------------------
|Computer software      | 100% declining balance       
|Leasehold improvements | Straight-line over lease term
|Office equipment       | 20% declining balance        

(f)   Intangible Assets

Intangible assets are recorded at cost and
are amortized over their estimated useful lives as follows:

|Customer list             | Straight-line over 3 years
|------------------------- | --------------------------
|Technology                | Straight-line over 4 years
|Website development costs | Straight-line over 2 years



8

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MOST HOME CORP.Notes to the Consolidated Financial Statements
(Expressed in U.S. dollars)
(unaudited)

2.    Significant Accounting Policies (continued)

(g)  Deferred Acquisition Costs

Direct costs incurred in
contemplation of a business acquisition are deferred until the purchase
transaction is either completed or abandoned.

(h) Software Development Costs

The Company accounts for software
development costs in accordance with Statement of Financial Accounting Standard
("SFAS") No. 86, "Accounting for Costs of Computer Software to be Sold, Leased,
or otherwise Marketed", which requires companies to expense software development
costs as they incur them until technological feasibility has been established,
at which time those costs are capitalized until the product is available for
release to the customer. Software development costs are included in research and
development costs on the statement of operations.

(i) 
Website Development Costs

The Company
recognizes the costs associated with developing a website in accordance with the
American Institute of Certified Public Accountants Statement of Position No.
98-1, "Accounting for the Costs of Computer Software Developed of Obtained for
Internal Use". Relating to website development costs, the Company follows the
guidance pursuant to Emerging Issues Task Force 00-02, "Accounting for Website
Development Costs". Under these standards, website development, including
customizing database software, development of HTML web page templates and
installation of servers as well as significant upgrades and enhancements, are
capitalized. Routine website maintenance costs, operating costs and costs
associated with modifications that do not increase functionality are expensed as
incurred.

(j)  Impairment of Long-lived Assets

In accordance with
SFAS No. 144, "Accounting for the Impairment or Disposal of Long-Lived Assets",
the carrying value of intangible assets and other long-lived assets is reviewed
on a regular basis for the existence of facts or circumstances that may suggest
impairment. The Company recognizes impairment when the sum of the expected
undiscounted future cash flows is less than the carrying amount of the asset.
Impairment losses, if any, are measured as the excess of the carrying amount of
the asset over its estimated fair value.

(k) Goodwill

Goodwill is recorded
as the difference, if any, between the aggregate consideration paid for an
acquisition and the fair value of the net tangible and intangible assets
acquire. In accordance with SFAS No. 142, "Goodwill and Other Intangible
Assets", the Company tests goodwill for impairment at the reporting unit level
on an annual basis in the fourth quarter or more frequently if the Company
believes indicators of impairment exist. The performance of the test involves a
two-step process. The first step of the impairment test involves comparing the
fair values of the applicable reporting units with their aggregate carrying
values, including goodwill. The Company generally determines the fair value of
its reporting units using the income approach methodology of valuation that
includes the discounted cash flow method as well as other generally accepted
valuation methodologies. If the carrying amount of a reporting unit exceeds the
reporting unit's fair value, the Company performs the second step of the
goodwill impairment test to determine the amount of impairment loss. The second
step of the goodwill impairment test involves comparing the implied fair value
of the affected reporting unit's goodwill with the carrying value of that
goodwill.

9

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MOST HOME CORP.Notes to the Consolidated Financial Statements
(Expressed in U.S. dollars)
(unaudited)

2.    Significant Accounting Policies (continued)

(l)  Financial Instruments and Concentrations

Fair values:

The fair values of
cash, accounts receivable, short-term borrowings, accounts payable, accrued
liabilities, due to/from related parties and loans payable, approximate carrying
values due to the immediate or short-term maturity of these financial
instruments.

Concentrations

For the three
months ended October 31, 2007, revenue from two customers represented
approximately 34% of total revenue. For the three months ended October 31, 2006,
the same two customers  represented approximately 22% of total revenue.

Credit risk:

Financial
instruments that potentially subject the Company to a concentration of credit
risk consist primarily of cash and accounts receivable. The Company limits its
exposure to credit loss by placing its cash with high credit quality financial
institutions. The Company's customers are located in Canada and the United
States. The Company performs ongoing credit evaluations, does not require
collateral and establishes an allowance for doubtful accounts based on the age
of the receivable and the specific identification of receivables the Company
consider at risk. As at October 31, 2007, three customers represented
approximately 81% the Company's gross accounts receivable. As at October 31,
2006, four customers represented approximately 62% of the Company's accounts
receivable.

(m) Foreign Currency Translation

The Company's
reporting and functional currency is the U.S. dollar. The operations of the
Company's subsidiaries are located in Canada and their functional currency is
the Canadian dollar. The financial statements of these operations have been
translated into U.S. dollars using the current rate method whereby the assets
and liabilities are translated at the rates of exchange in effect at the balance
sheet date and revenue and expenses are translated at the average rates of
exchange during the period. The effect of this translation is recorded in a
separate component of stockholders' equity.

Cumulative
translation adjustments of $280,692 as at October 31, 2007 has been included in
accumulated other comprehensive gain (loss) in the accompanying consolidated
balance sheets. The Company has not, to the date of these consolidated financial
statements, entered into derivative instruments to offset the impact of foreign
currency fluctuations.

(n)  Income Taxes

The Company accounts for income
taxes using the asset and liability method in accordance with SFAS No. 109,
"Accounting for Income Taxes". The asset and liability method provides that
deferred tax assets and liabilities are recognized for the expected future tax
consequences of temporary differences between the financial reporting and tax
bases of assets and liabilities, and for operating loss and tax credit
carryforwards. Deferred tax assets and liabilities are measured using the
currently enacted tax rates and laws that will be in effect when the differences
are expected to reverse. The Company records a valuation allowance to reduce
deferred tax assets to the amount that is believed more likely than not to be
realized.

10

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MOST HOME CORP.Notes to the Consolidated Financial Statements
(Expressed in U.S. dollars)
(unaudited)

2.    Significant Accounting Policies (continued)

(o) Revenue Recognition

The Company
recognizes revenue in accordance with U.S. Securities and Exchange Commission
("SEC") Staff Accounting Bulletin No. ("SAB") 104, "Revenue Recognition in
Financial Statements". Revenue is recognized only when the price is fixed or
determinable, persuasive evidence of an arrangement exists, the service is
performed, and collectibility is reasonably assured. The Company earns revenues
from the sale of annual and monthly non-refundable REALTOR(R)
memberships, the sale of annual and monthly non-refundable licenses for
ClientBuilder for Brokers ("CBB") and ClientBuilder for Agents ("CBA") products,
the sale of annual and monthly licenses for Wireless Realty ("WR") and through
referral fees resulting when a person buys or sells a house through a member
REALTOR(R) referred by the Company. Membership fees and license fees
are recognized over the membership or license period from the commencement of
the membership or license term.

(p) Basic and Diluted Net Income (Loss) per Share

The Company computes
net income (loss) per share in accordance with SFAS No. 128, "Earnings per
Share". SFAS No. 128 requires presentation of both basic and diluted earnings
per share (EPS) on the face of the income statement. Basic EPS is computed by
dividing net income (loss) available to common shareholders (numerator) by the
weighted average number of common shares outstanding (denominator) during the
period. Diluted EPS gives effect to all dilutive potential common shares
outstanding during the period including stock options, using the treasury stock
method, and convertible preferred stock, using the if-converted method. In
computing diluted EPS, the average stock price for the period is used in
determining the number of shares assumed to be purchased from the exercise of
stock options or warrants. Diluted EPS excludes all dilutive potential common
shares if their effect is anti-dilutive.

(q)  Research and Development Costs

Research and development costs are
expensed as incurred.

(r)   Stock-based
Compensation

Effective February 1,
2006, the Company adopted the fair value recognition provisions of SFAS No. 123R
"Share Based Payments" using the modified retrospective transition method. SFAS
No. 123R requires companies to estimate the fair value of share-based payment
awards on the date of grant using an option-pricing model. The value of the
portion of the award that is ultimately expected to vest is recognized as
expense ratably over the requisite service periods. The Company has estimated
the fair value of each award as of the date of grant or assumption using the
Black-Scholes option pricing model, which was developed for use in estimating
the value of traded options that have no vesting restrictions and that are
freely transferable. The Black-Scholes model considers, among other factors, the
expected life of the award and the expected volatility of the Company's stock
price.

SFAS No. 123R
requires the estimation of forfeitures when recognizing compensation expense and
that this estimate of forfeitures be adjusted over the requisite service period
should actual forfeitures differ from such estimates. Changes in estimated
forfeitures are recognized through a cumulative adjustment, which is recognized
in the period of change and which impacts the amount of unamortized compensation
expense to be recognized in future periods.



11

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MOST HOME CORP.Notes to the Consolidated Financial Statements
(Expressed in U.S. dollars)
(unaudited)

2.   Significant Accounting Policies (continued)

(s) Comprehensive Income

SFAS No. 130,
"Reporting Comprehensive Income", establishes standards for the reporting and
display of comprehensive income and its components in the financial statements.
The Company's accumulated other comprehensive income/loss consisted of foreign
currency translation adjustments.

(t)  Recent Accounting Pronouncements

In February 2007, the
Financial Accounting Standards Board ("FASB") issued SFAS No. 159, "The Fair
Value Option for Financial Assets and Financial Liabilities - Including an
Amendment of FASB Statement No. 115". This statement permits entities to choose
to measure many financial instruments and certain other items at fair value.
Most of the provisions of SFAS No. 159 apply only to entities that elect the
fair value option. However, the amendment to SFAS No. 115 "Accounting for
Certain Investments in Debt and Equity Securities" applies to all entities with
available-for-sale and trading securities. SFAS No. 159 is effective as of the
beginning of an entity's first fiscal year that begins after November 15, 2007.
Early adoption is permitted as of the beginning of a fiscal year that begins on
or before November 15, 2007, provided the entity also elects to apply the
provision of SFAS No. 157, "Fair Value Measurements". The adoption of this
statement is not expected to have a material effect on the Company's future
reported financial position or results of operations.

In September 2006,
the SEC issued Staff Accounting Bulletin ("SAB") No. 108, "Considering the
Effects of Prior Year Misstatements when Quantifying Misstatements in Current
Year Financial Statements." SAB No. 108 addresses how the effects of prior year
uncorrected misstatements should be considered when quantifying misstatements in
current year financial statements. SAB No. 108 requires companies to quantify
misstatements using a balance sheet and income statement approach and to
evaluate whether either approach results in quantifying an error that is
material in light of relevant quantitative and qualitative factors. SAB No. 108
is effective for periods ending after November 15, 2006. The Company adoption of
this statement did not have a material effect on its reported financial position
or results of operations.

In September 2006,
the FASB issued SFAS No. 158, "Employers' Accounting for Defined Benefit Pension
and Other Postretirement Plans - an amendment of FASB Statements No. 87, 88,
106, and 132(R)". This statement requires employers to recognize the over-funded
or under-funded status of a defined benefit postretirement plan (other than a
multiemployer plan) as an asset or liability in its statement of financial
position and to recognize changes in that funded status in the year in which the
changes occur through comprehensive income of a business entity or changes in
unrestricted net assets of a not-for-profit organization. This statement also
requires an employer to measure the funded status of a plan as of the date of
its year-end statement of financial position, with limited exceptions. The
provisions of SFAS No. 158 are effective for employers with publicly traded
equity securities as of the end of the fiscal year ending after December 15,
2006. The adoption of this statement is not expected to have a material effect
on the Company's future reported financial position or results of operations.

12

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MOST HOME CORP.Notes to the Consolidated Financial Statements
(Expressed in U.S. dollars)
(unaudited)

2.    Significant Accounting
Policies (continued)

(t)  Recent Accounting Pronouncements (continued)

In September 2006, the FASB issued SFAS No. 157, "Fair Value Measurements". The
objective of SFAS No. 157 is to increase consistency and comparability in fair
value measurements and to expand disclosures about fair value measurements. SFAS
No. 157 defines fair value, establishes a framework for measuring fair value in
generally accepted accounting principles, and expands disclosures about fair
value measurements. SFAS No. 157 applies under other accounting pronouncements
that require or permit fair value measurements and does not require any new fair
value measurements. The provisions of SFAS No. 157 are effective for fair value
measurements made in fiscal years beginning after November 15, 2007. The
adoption of this statement is not expected to have a material effect on the
Company's future reported financial position or results of operations.

In June 2006, the
FASB issued FASB Interpretation No. 48, "Accounting for Uncertainty in Income
Taxes, an interpretation of FASB Statements No. 109" ("FIN 48"). FIN 48
clarifies the accounting for uncertainty in income taxes by prescribing a
two-step method of first evaluating whether a tax position has met a more likely
than not recognition threshold and second, measuring that tax position to
determine the amount of benefit to be recognized in the financial statements.
FIN 48 provides guidance on the presentation of such positions within a
classified statement of financial position as well as on de-recognition,
interest and penalties, accounting in interim periods, disclosure, and
transition. FIN 48 is effective for fiscal years beginning after December 15,
2006. The adoption of this statement is not expected to have a material effect
on the Company's future reported financial position or results of operations.

In March 2006, the
FASB issued SFAS No. 156, "Accounting for Servicing of Financial Assets, an
amendment of FASB Statement No. 140, Accounting for Transfers and Servicing of
Financial Assets and Extinguishments of Liabilities". This statement requires
all separately recognized servicing assets and servicing liabilities be
initially measured at fair value, if practicable, and permits for subsequent
measurement using either fair value measurement with changes in fair value
reflected in earnings or the amortization and impairment requirements of
Statement No. 140. The subsequent measurement of separately recognized servicing
assets and servicing liabilities at fair value eliminates the necessity for
entities that manage the risks inherent in servicing assets and servicing
liabilities with derivatives to qualify for hedge accounting treatment and
eliminates the characterization of declines in fair value as impairments or
direct write-downs. SFAS No. 156 is effective for an entity's first fiscal year
beginning after September 15, 2006. The adoption of this statement is not
expected to have a material effect on the Company's future reported financial
position or results of operations.

In February 2006, the
FASB issued SFAS No. 155 "Accounting for Certain Hybrid Financial Instruments -
an amendment of FASB Statements No. 133 and 140".  Effective for all financial
instruments acquired, issued, or subject to a remeasurement (new basis) event
occurring after the beginning of an entity's first fiscal year that begins after
September 15, 2006. Earlier application permitted if the entity has not yet
issued interim or annual financial statements for that fiscal year.  This
Statement allows the fair value election provided for in paragraph 4(c) of this
Statement may be applied for hybrid financial instruments that were bifurcated
under paragraph 12 of Statement 133 prior to initial application of this
Statement.  The adoption of this statement is not expected to have a material
effect on the Company's future reported financial position or results of
operations.

13

---



MOST HOME CORP.Notes to the Consolidated Financial Statements
(Expressed in U.S. dollars)
(unaudited)

2.   Significant
Accounting Policies (continued)

(u)  Reclassifications

Certain reclassifications have been made
to the prior period's financial statements to conform to the current period's
presentation.

3.   Property and Equipment

|                       | Cost
		$ |  | Accumulated
		Amortization
		$ |  | October
		31,
		2007
		Net Carrying
		Value
		$ |  | July 31,
		2007
		Net Carrying
		Value
		$
|---------------------- | -------- |  | ------------------------------ |  | ----------------------------------------------- |  | ------------------------------------------
|Computer hardware      | 370,787  |  | 294,713                        |  | 76,074                                          |  | 72,830                                    
|Computer software      | 65,109   |  | 64,731                         |  | 378                                             |  | 446                                       
|Leasehold improvements | 76,087   |  | 75,581                         |  | 506                                             |  | 1,792                                     
|Office equipment       | 120,868  |  | 88,613                         |  | 32,255                                          |  | 30,066                                    
|                       | 632,851  |  | 523,638                        |  | 109,213                                         |  | 105,134                                   
|                       |          |  |                                |  |                                                 |  |                                           

Amortization expense totalled $8,811 and $18,391 for the three month ended
periods October 31, 2007 and 2006, respectively.

4.   Intangible Assets

|                          | Cost
		$ |  | Accumulated
		Amortization
		$ |  | October
		31,
		2007
		Net Carrying
		Value
		$ |  | July 31,
		2007
		Net Carrying
		Value
		$
|------------------------- | -------- |  | ------------------------------ |  | ----------------------------------------------- |  | ------------------------------------------
|Customer list             | 189,000  |  | 147,000                        |  | 42,000                                          |  | 57,750                                    
|Technology                | 204,000  |  | 119,000                        |  | 85,000                                          |  | 97,750                                    
|Website development costs | 485,328  |  | 483,867                        |  | 1,461                                           |  | 1,294                                     
|                          | 878,328  |  | 749,867                        |  | 128,461                                         |  | 156,794                                   
|                          |          |  |                                |  |                                                 |  |                                           

Amortization expense totalled $28,500 and $28,500 for the three month ended
periods October 31, 2007 and 2006, respectively.

The following is the estimated annual amortization expense for each of the next
three years:

$2008
			
			85,0002009
			
			43,4612010
			
			-128,461


14

---



MOST HOME CORP.Notes to the Consolidated Financial Statements
(Expressed in U.S. dollars)
(unaudited)

5.   Goodwill

|                   | Cost
		$  | Accumulated Amortization
		$ | October
		31,
		2007
		Net Carrying
		Value
		$ | July 31,
		2007
		Net Carrying
		Value
		$
|------------------ | --------- | ---------------------------- | ----------------------------------------------- | ------------------------------------------
|Most Referred      | 996,082   | 415,032                      | 581,050                                         | 581,050                                   
|Executive Wireless | 173,842   | -                            | 173,842                                         | 173,842                                   
|                   | 1,169,924 | 415,032                      | 754,892                                         | 754,892                                   

Goodwill for Most
Referred originated from the acquisition on April 28, 2000, which was amortized
to October 31, 2001. Goodwill for Executive Wireless originated from the
acquisition of Executive Wireless, Inc. on June 13, 2005.

6.   Short-term Borrowings

|                                                                                                                                           | October
		31,
		2007 
		$ |  | July 31,
		2007
		$
|------------------------------------------------------------------------------------------------------------------------------------------ | ------------------------- |  | -------------------
|Canadian dollar bank line of credit
		bearing interest at lender prime plus 1.25% per annum and secured by a
		general security agreement. | 89,976                    |  | 93,738             
|Bank overdraft                                                                                                                             | 85,434                    |  | 62,651             
|                                                                                                                                           | 175,410                   |  | 156,389            

7.   Accrued Liabilities

|                                | October
		31,
		2007 
		$ |  | July 31,
		2007
		$
|------------------------------- | ------------------------- |  | -------------------
|Payroll deductions and benefits | 987,779                   |  | 814,200            
|Professional fees               | 46,777                    |  | 63,348             
|Sales tax and other             | 161,206                   |  | 105,578            
|                                | 1,195,762                 |  | 983,126            

8.   Loans Payable

(a)  As at October
31, 2007, a promissory note of $105,854 (Cdn$100,000) due to a non-related third
party bears interest at 36% per annum, is unsecured and due on demand.

(b)  As at October
31, 2007, the balance of $16,240 due to a non-related third party is
non-interest bearing, unsecured and due on demand.

(c)  As at October
31, 2007, the balance of $6,097 (Cdn$5,760) due to a non-related third party
bears interest at 25.99% per annum, is repayable in monthly instalments and
secured by the computer equipment purchased. The amount repayable within one
year is $1,812.

15

---



MOST HOME CORP.Notes to the Consolidated Financial Statements
(Expressed in U.S. dollars)
(unaudited)

9.   Related Party Transactions

(a)  As at October 31, 2007, a total balance of $76,560 (2006 - $71,894) is due
from a company with common officers and directors. This balance includes $4,405
(2006 - $4,405) in principal loan balance receivable, share subscriptions
receivable of $43,469 (2006 - $43,469) and accrued interest on the loan
receivable and share subscriptions receivable totaling $28,686 (2006 - $28,515).
The principal amounts due bear interest at 10% per annum and the entire balance
is due on demand. The share subscriptions receivable is secured by the related
common shares issued, while the remainder of the balance receivable is
unsecured.

(b)  As at October 31, 2007, the balance of $226,153 (2006 - $213,989) due to a
director of the Company is unsecured, bears interest at 10% per annum and due on
demand.

(c)  As at October 31, 2007 a balance of $399,323 (2006 - $360,545) due to a law
firm in which a director of the Company is a partner is included in accounts
payable.

10.  Capital Stock

(a)   Authorized:

250,000,000
			
			Common stock, par value of $0.001 per
			share100,000,000
			
			Preferred stock, par value $0.001 per
			share, designated as follows:4,500,000
			
			Series A preferred stock92,000,000
			
			Unissued and undesignated


Each share of the
Company's Series A preferred stock is entitled to one vote on all matters
submitted to a vote of the Company's stockholders. The Series A preferred stock
are not entitled to any dividends or any distributions upon the liquidation of
the Company.

One Series A
preferred share of the Company together with one preferred share of Most Home
Management Ltd., a wholly-owned subsidiary, may be exchanged for one share of
the Company's common stock at the holder's option.

On July 27,
2007, the Company filed a Certificate of Withdrawal of Certificate of
Designation with the Nevada Secretary of State canceling the authorized
1,750,000 Series C Preferred Stock, with a par value of $0.001 per share, of
which this series does not have any outstanding shares:

On August 18, 2007,
the Company filed a Certificate of Withdrawal of Certificate of Designation with
the Nevada Secretary of State canceling the authorized 3,500,000 Series B
Preferred Stock, with a par value of $0.001 per share, of which this series does
not have any outstanding shares. The rights and preferences of the unissued and
undesignated preferred shares have not been determined.

16

---



MOST HOME CORP.Notes to the Consolidated Financial Statements
(Expressed in U.S. dollars)
(unaudited)

10.  Capital Stock
(continued)

(b)  The common share transactions for the three month period ended October 31,
2007 are as follows:

(i)         On August 7, 2007, 1,000 non-qualified stock options were
exercised at a price of $0.35 for total proceeds of $350.

(ii)         On August 9, 2007, the Company issued 750,000 units at $0.40 per
unit for proceeds of $300,000. Each unit consisted of one share of common stock
and one share purchase warrant. Each share purchase warrant is exercisable at
$0.64 per share expiring three years from the date of issuance.

11.  Stock-based Compensation

Stock Compensation Plans

The Company's 2000
Stock Bonus Plan authorizes the issuance of 500,000 shares of common stock to
the Company's employees, directors, officers, consultants and advisors provided
however, that bona fide services must be rendered by consultants or advisors and
such services must not be in connection with the offer or sale of securities in
a capital-raising transaction. A total of 1,944 common shares under this plan
remain available for issuance

The Company's 2004
Stock Bonus Plan authorizes the issuance of 500,000 shares of common stock to
the Company's employees, directors, officers, consultants and advisors provided
however, that bona fide services must be rendered by consultants or advisors and
such services must not be in connection with the offer or sale of securities in
a capital-raising transaction. In fiscal 2005, the total number of shares
authorized to be issued under this plan was increased to 2,000,000 common
shares. A total of 1,339,173 common shares under this plan remain available for
issuance.

The Company has an
incentive stock option plan that authorizes the issuance of 3,500,000 options to
purchase shares of the Company's common stock. Only officers, directors, and
employees of the Company may be granted options pursuant to the Incentive Stock
Option Plan. The total fair market value of the shares of common stock
(determined at the time of the grant of the option) for which any employee may
be granted options which are first exercisable in any calendar year may not
exceed $100,000. Options vest after one year following the date of grant.
Options granted to an employee then owning more than 10% of the common stock of
the Company may not be exercisable after five years from the date of grant. The
purchase price per share of common stock, purchasable under an option, is
determined by the Company's Board of Directors but cannot be less than the fair
market value of the common stock on the date of the grant of the option. A total
of 255,000 stock options under this plan remain available for issuance.

The Company has a
non-qualified stock option plan which authorizes the granting of 4,500,000 stock
options to purchase shares of the Company's common stock to the Company's
employees, directors, officers, consultants or advisors and such services. The
stock option exercise price and expiration date are determined by the Company's
Board of Directors. During fiscal 2006, the total number of stock options
authorized to be granted under this plan was increased by 1,000,000. A total of
1,205,280 stock options under this plan remain available for issuance.

17

---



MOST HOME CORP.Notes to the Consolidated Financial Statements
(Expressed in U.S. dollars)
(unaudited)

11. Stock-based Compensation (continued)

Stock Option Activity

A summary of the Company's stock option activity is as follows:

|                             | Number
		of
		Options |  | Weighted Average
		Exercise Price
		$ |  | Weighted
		Average Remaining Contractual Life 
		(years) | Aggregate Intrinsic Value
		$
|---------------------------- | --------------------- |  | ------------------------------------- |  | -------------------------------------------------------- | -----------------------------
|Balance, July 31, 2007       | 4,692,720             |  | 0.49                                  |  |                                                          |                              
|Exercised                    | (1,000)               |  | 0.35                                  |  |                                                          |                              
|Balance, October 31, 2007    | 4,691,720             |  | 0.49                                  |  | 0.75                                                     | 60,750                       
|Exercisable October 31, 2007 | 4,671,720             |  | 0.49                                  |  | 0.74                                                     | 60,750                       

The total fair value of stock-based compensation vested during the three month
period ended October 31, 2007 was $16,046.

The total intrinsic value of stock options exercised during the three month
period ended October 31, 2007 was $200.

A summary of the status of the Company's
non-vested shares as of October 31, 2007 and the changes during the period are
presented below:

|                            | Number of
		Shares |  | Weighted Average
		Grant Date
		Fair Value
		$
|--------------------------- | ------------------ |  | ----------------------------------------------
|Nonvested, July 31, 2007    | 320,000            |  | 0.56                                          
|Vested                      | (300,000)          |  | 0.56                                          
|Nonvested, October 31, 2007 | 20,000             |  | 0.50                                          

As at October 31,
2007, there was $3,800 of total unrecognized compensation cost related to
nonvested share-based compensation arrangements.

There were no stock
options granted for the three month periods ending October 31, 2007 and 2006.

12.  Share Purchase Warrants

The following table summarizes the continuity
of the Company's share purchase warrants:

|                            | Number of
		Warrants |  | Weighted Average
		Exercise Price
		$
|--------------------------- | -------------------- |  | -------------------------------------
|Balance,
		July 31, 2007    | 8,407,488            |  | 0.52                                 
|Issued                      | 750,000              |  | 0.64                                 
|Balance,
		October 31, 2007 | 9,157,488            |  | 0.53                                 

18

---



MOST HOME CORP.Notes to the Consolidated Financial Statements
(Expressed in U.S. dollars)
(unaudited)

12.  Share Purchase Warrants (continued)

As at October 31, 2007, the following share purchase warrants
were outstanding:

|Number of Warrants | Exercise
			Price
			$ |  | Expiry Date        
|------------------ | ---------------------- |  | -------------------
|10,750             | 0.99                   |  | December
		31, 2007
|995,251            | 0.70                   |  | October 30, 2008   
|625,000            | 0.20                   |  | August 28, 2008    
|416,667            | 0.33                   |  | October 20, 2008   
|83,333             | 0.33                   |  | November 6, 2008   
|583,333            | 0.33                   |  | November 27, 2008  
|500,000            | 0.33                   |  | December 8, 2008   
|166,667            | 0.33                   |  | December 21, 2008  
|221,666            | 0.50                   |  | March 27, 2009     
|213,500            | 0.50                   |  | April 3, 2009      
|1,215,071          | 0.50                   |  | April 5, 2009      
|200,000            | 0.91 - 1.46            |  | May 9, 2009        
|300,000            | 0.324                  |  | October28, 2009    
|335,000            | 0.75                   |  | October 3, 2009    
|186,250            | 0.60                   |  | December 4, 2009   
|375,000            | 0.60                   |  | February 7, 2009   
|250,000            | 0.60                   |  | February 18, 2010  
|250,000            | 0.60                   |  | March 4, 2010      
|230,000            | 0.60                   |  | March 6, 2010      
|250,000            | 0.65                   |  | April 10, 2010     

19

---



|Number of Warrants | Exercise
			Price
			$ |  | Expiry Date   
|------------------ | ---------------------- |  | --------------
|500,000            | 0.64                   |  | May 14, 2010  
|250,000            | 0.64                   |  | June 28, 2010 
|250,000            | 0.65                   |  | July 31, 2010 
|750,000            | 0.64                   |  | August 8, 2010
|9,157,488          |                        |  |               
|                   |                        |  |               

13.  Commitments

The Company's
minimum payments required under operating leases for premises and equipment are
as follows as at October 31, 2007:

$2008
			
			38,3362009
			
			3,30641,462


14.  Segmented Information

Management has determined that the Company operates in one operating segment
which involves the generation of real estate referrals. Substantially all of the
Company's operations, assets and employees are located in Canada. However,
substantially all of the Company's revenues are from customers located in the
United States.

15.  Subsequent Events

(a)  On November 14, 2007, the Company approved a private placement of 970,000
units at $0.25 per unit for proceeds of $242,500. Each unit consisted of one
common share and one share purchase warrant. Each share purchase warrant is
exercisable at $0.40 per share expiring three years from the date of issuance. 
These shares are considered issued on the date of approval by the board of
directors. As of November 14, 2007, the Company has received $100,000 of the
$242,500, with the balance of the subscription to be paid in three monthly
installments of $47,500 beginning December 1, 2007.  On December 3, 2007 the
Company received the first installment of $47,500.

(b)  On November 15, 2007, the Company received a loan from a director for
CDN$50,000 which bears interest at 10% per annum, is unsecured and due on
demand.







20

---



Item 2.  Management's Discussion and Analysis or Plan of
Operations

Overview
More and more marketing dollars are moving online, raising the bar for corporate
expectations of traditional Web sites. According to a recent study by eMarketer,
U.S. Internet advertising spending reached $16.4 billion in 2006, a nearly 31
percent increase over 2005. In 2007, spending is projected to reach nearly $20
billion. In its current U.S.-based forecast, Jupiter Research says that email
marketing spending will grow to $1.1 billion by 2010, "fueled by spending on
retention, acquisition, and transactional email." There is no doubt that the
Internet is a critical component of marketing and sales strategies for
organizations large and small.

A Web site is one of the most multi-faceted communication
tools that marketers have at their disposal. It is immediate, dynamic, and
globally accessible. It is now at the center of most offline and online
marketing activities.  eMarketing, the practice of utilizing all the versatility
the Internet offers, is as much a strategy as it is a compelling set of
technologies and practices. The goals are clear and universal:

- Targeted lead generation
- Maximized lead conversion
- Consistent retention for up sell opportunities
- Analytics for effective measurement

Over the past three years there has been a substantial move
by residential real estate brokerages in the U.S and Canada to move their
listing inventories online into a multitude of online advertising portals which
drive millions of consumer enquiries to real estate brokers and agents. Over
this period of time the need within the industry has moved from generating leads
to now converting these leads into profitable business.

Most Home Corp., through its wholly owned subsidiary Most
Home Real Estate Services Inc. (Most Home), provides a total eMarketing solution
and technology platform to help real estate brokerage organizations increase
their online lead conversion rates and track and measure their operational
effectiveness. Most Home's unique lead conversion process and platform improves
marketing returns and is currently being deployed on a national and regional
level to over 20 leading companies across the United States and Canada
representing over 20,000 sales associates.

Most Home also provides a
wireless MLS platform for Realtors through MLS Service Provider partners. This
technology, acquired from Executive Wireless in 2005 enables the real time
distribution of MLS data to professional Realtors in over 25 markets. At the
core of this product is a listings aggregation service which is used across the
Most Home product lines to provide homes by e-mail, listing alerts, consumer
search, and lead matching with properties.

Finally, Most Home owns and
operates The Most Referred Network which provides a complete web marketing
solution for individual real estate agents. Integrated web sites, IDX (Internet
Data Exchange), listings management, lead generation, capture, and qualification
are all bundled into a hosted solution.

Most Home draws on the strength and flexibility of its
platforms to provide solutions tailored to the individual requirements of its
clients. The extent of the solutions provided is largely dependent on the
client's existing business model and technical platforms.



Employees. As of December 11, 2007, the Company employed 42
people, including 2 contractors on a part-time basis, and 10 employees are
licensed REALTORS(R).



21

---



Revenues and expenses

The following table shows
revenues and margins for the three months ended October 31, 2007, with
comparative figures for the prior:

| |                       | Three months ended 
		 October 31, 2007 | % of Sales |  | Three months ended 
		 October 31, 2006 | % of Sales
| | --------------------- | --------------------------------------- | ---------- |  | --------------------------------------- | ----------
| | Revenues:             |                                         |            |  |                                         |           
| | Referrals             | 219,665                                 | 37.5%      |  | 205,006                                 | 36.3%     
| | Membership            | 88,729                                  | 15.1%      |  | 141,936                                 | 25.0%     
| | Clientbuilder         | 123,549                                 | 21.1%      |  | 146,444                                 | 25.9%     
| | Wireless and mobility | 131,027                                 | 22.4%      |  | 67,608                                  | 12.0%     
| | Other                 | 22,991                                  | 3.9%       |  | 4,402                                   | 0.8%      
| |                       | 585,961                                 | 100.0%     |  | 565,396                                 | 100.0%    

Referral revenue increased
$14,659 (7.2%) from the three months ended October 31, 2006.  The increase in
referral revenues for the three months ended October 31, 2007 was the result of
an increase in number of customers implemented from Q1 of fiscal 2006. 
Management also renewed two contracts in July 2007 which increased our referral
revenue.  This was offset through decreased leads generated through the
Company's websites listed on Internet search engine portals. Approximately 50%
of the Company's leads have a direct correlation to the ranking of the Company's
lead generating websites on Internet portals such as Google, Yahoo, MSN and
Inktomi. The Company is working to mitigate the lower than expected lead
production and continue to increase its websites' rankings on these portals, but
there can be no assurance of success. Once the qualified client results in a
closed real estate transaction, the Company receives a success fee based on the
member agent's gross commission.  The Company is transitioning towards
generating leads through third-parties, and selling them on a per-lead rather
than a success fee basis, in order to reduce its exposure to search engine
uncertainty.  This effort continues to recover declining referral revenues as
management anticipated.  In addition the Company is shifting its focus from
agent based revenue models to broker based revenue models.

Membership revenues decreased
$53,207 (37.5%) from the three months ended October 31, 2006.  This decrease is
due to the Company changing its product and marketing strategy away from agents
and towards brokers.  This contributes to the decline in the agent membership
revenues. The sales structure under the broker model is comprised of a license,
shared transaction commissions and maintenance revenue.

ClientBuilder revenues decreased
22,895 (15.6%) for the three months ended October 31, 2007.  There was
approximately $45,000 in setup fees attributed to the three month period ending
October 31, 2006 which were not present in the three month period ending October
31, 2007.  This was offset by renegotiating two contracts with RE/MAX of Canada
in late fiscal 2007.  These 2 contracts have doubled their previous monthly
revenues. The Company has also signed 8 new broker contracts in the past few
years.  Management anticipates these revenues to rise during fiscal 2008.

Wireless and mobility revenue
increased $63,419 (93.8%) from the three months ended October 31, 2006.  This
increase was due to the acquisition of Executive Wireless on June 13, 2005 and
expanded sales efforts for the Company's acquired wireless products and services
including bundling services with the ClientBuilder product.  As Most Home
expands the marketing of its wireless technology, that provides faster response
time to the end consumer, the Company anticipates further increases in revenues
from these products.

The following table shows
revenues and margins for the three months ended October 31, 2007, with
comparative figures for the prior year:

22

---





| |               | Three
		months ended 
		 October 31, 2007 | % of
		Sales |  | Three
		months ended 
		 October 31, 2006 | % of
		Sales
| | ------------- | ----------------------------------------- | ------------ |  | ----------------------------------------- | ------------
| | Revenues:     | 585,961                                   | 100.0%       |  | 565,396                                   | 100.0%      
| | Gross Margin: | 356,331                                   | 60.8%        |  | 360,526                                   | 63.8%       

Gross margin for the three
months ended October 31, 2007 was $356,331 (60.8%) compared to $360,526 (63.8%)
for the comparable quarter ended October 31, 2006. Impacts of foreign exchange
rates cause changes in the Company's gross margin.  The Canadian dollar
strengthened since the prior year quarter which negatively influenced gross
margin (see Foreign Currency Impact).

Gross Margin also decreased
slightly due to the Company paying software licensing fees for two systems.  As
of November 30, 2007, the Company has stopped using the older system and
transitioned all its clients to the new one.

This was offset by the change in
mix of our revenue sources.  Our wireless revenue has limited direct costs
associated with it.  As our wireless revenues increase, our gross margin will
increase as well. Management anticipates gross margin to increase in future
periods with higher software and wireless licensing fees.

Continued weakness in the U.S.
dollar against the Canadian dollar may decrease gross margin in future periods
(see Foreign Currency Impact).

The following table shows
operating expenses as a percentage of sales for the three month period ended
October 31, 2007, with comparative figures for the prior quarter.

| |                                     | Three months ended 
		 October 31, 2007 | % of Sales |  | Three months ended 
		 October 31, 2006 | % of Sales
| | ----------------------------------- | --------------------------------------- | ---------- |  | --------------------------------------- | ----------
| | Amortization                        | 37,311                                  | 6.4%       |  | 46,891                                  | 8.3%      
| | Research and development            | 104,695                                 | 17.9%      |  | 206,936                                 | 36.6%     
| | Selling, general and administrative | 745,627                                 | 127.2%     |  | 814,872                                 | 144.1%    
| | Total operating expenses            | 887,633                                 | 151.5%     |  | 1,068,699                               | 189.0%    

Amortization expense decreased
slightly to $37,311 from the three months ended October 31, 2006. The   decrease
was due to reduced amortization on previously capitalized costs that have been
fully amortized as of October 31, 2007.

Research and development costs
decreased $102,241 from prior year quarter.  The Company is focused on
development of its products and services; enhancing its existing products under
a uniform product platform.  This helped reduce research and development costs,
however as upgrades and new products are developed, we will see an increase in
the costs.

Selling,
general and administrative costs decreased 8.5% ($69,245) from the three months
ended October 31, 2006.  The main factor for this decrease was non-cash stock
compensation for the issuance and extension of stock options and warrants,
totaling recorded in the three month period ending October 31, 2006.  This was
offset by realized foreign exchange losses from the increase in value of the
Canadian Dollar.  (See foreign currency impact).  See table below.

23

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| |                                        | Three months ended
		 October 31, 2007 | % of Sales |  | Three months ended
		 October 31, 2006 | % of Sales
| | -------------------------------------- | -------------------------------------- | ---------- |  | -------------------------------------- | ----------
| | SG&A before stock-based
		compensation | 745,627                                | 127.2%     |  | 814,872                                | 144.1%    
| | Stock-based compensation               | 16,046                                 | 2.7%       |  | 110,740                                | 19.6%     
| | Selling, general and
		administrative  | 729,581                                | 124.5%     |  | 704,132                                | 124.5%    

Working capital deficiency at
October 31, 2007 was $2,612,445 compared to $1,200,407 at October 31, 2006.  See
"Liquidity and Sources of Capital" for description of further funding
anticipated in fiscal 2007.

Critical accounting policies

The Company's discussion and analysis of its financial condition and results of
operations, including the discussion on liquidity and capital resources, are
based on its consolidated financial statements that have been prepared in
accordance with U.S. generally accepted accounting principles. The preparation
of these financial statements requires management to make estimates and
judgments that affect reported amounts of assets, liabilities, revenues and
expenses, and related disclosure of contingent assets and liabilities. On an
ongoing basis, management re-evaluates its estimates and judgments, particularly
those related to the determination of the impairment of goodwill and intangible
assets. Management bases its estimates and judgments on historical experience,
contractual arrangements and commitments and on various other assumptions that
it believes are reasonable in the circumstances. Changes in these estimates and
judgments will impact the amounts recognized in the consolidated financial
statements, and the impact may be material. Management believes the following
critical accounting policies require more significant estimates and judgments in
the preparation of the consolidated financial statements. The consolidated
financial statements have been prepared on the going concern basis, which
assumes the realization of assets and liquidation of liabilities in the normal
course of operations.

If the
Company was unable continue as a going concern, it would likely not be able to
realize the carrying value of its assets as reflected in the consolidated
financial statements. As described elsewhere in this report, at October 31,
2007, there are certain conditions that currently exist which raise substantial
doubt about the validity of the going concern assumption. While the Company
anticipates raising additional private placement funds to remove the substantial
doubt, these private placements are not assured. Failure to raise additional
funds may result in the Company curtailing operations or writing assets and
liabilities down to liquidation values, or both.

Goodwill is not amortized and is only written down
if impaired. In estimating fair value of goodwill, management estimates their
value at the reporting unit level. The fair value of goodwill will be impacted
by general economic conditions, demand for the Company's services and other
factors. To the extent that fair value is reduced in future periods, the Company
may be required to record an impairment charge against the carrying value of the
goodwill.

Effective
February 1, 2006, the Company adopted the fair value recognition provisions of
SFAS No. 123R "Share Based Payments" using the modified retrospective transition
method. SFAS 123R requires companies to estimate the fair value of share-based
payment awards on the date of grant using an option-pricing model. The value of
the portion of the award that is ultimately expected to vest is recognized as
expense ratably over the requisite service periods. The Company has estimated
the fair value of each award as of the date of grant or assumption using the
Black-Scholes option pricing model, which was developed for use in estimating
the value of traded options that have no vesting restrictions and that are
freely transferable. The Black-Scholes model considers, among other factors, the
expected life of the award and the expected volatility of the Company's stock
price. Although the Black-Scholes model meets the requirements of SFAS 123R and
SAB 107, the fair values generated by the model may not be indicative of the
actual fair values of the Company's awards, as it

24

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does not
consider other factors important to those share-based payment awards, such as
continued employment, periodic vesting requirements, and limited
transferability.

SFAS No. 123R
requires the estimation of forfeitures when recognizing compensation expense and
that this estimate of forfeitures be adjusted over the requisite service period
should actual forfeitures differ from such estimates. Changes in estimated
forfeitures are recognized through a cumulative adjustment, which is recognized
in the period of change and which impacts the amount of unamortized compensation
expense to be recognized in future periods.

The
carrying value of intangible assets and other long-lived assets is reviewed on a
regular basis for the existence of facts or circumstances that may suggest
impairment. The Company recognizes impairment when the sum of the expected
undiscounted future cash flows is less than the carrying amount of the asset.
Impairment losses, if any, are measured as the excess of the carrying amount of
the asset over its estimated fair value.

Liquidity and sources of capital

Working capital deficiency was
$2,612,445 at October 31, 2007.

During the three-month period ended October
31, 2007, Most Home's operations used $295,403 in net cash. Cash required by
Most Home during the three months ended October 31, 2007 was generated through,
short-term borrowings, loans, and capital raising activities (which generated
$302,867, net of issuance costs, through the private sale of stock and the
exercise of stock options and warrants).

Management anticipates that cash flow
requirements for the twelve months ended October 31, 2008 will be met through
the exercise of outstanding stock options and warrants, private placements of
stock, subscriptions receivable, and the repayment of amounts due from related
parties. There can be no assurance that any of these capital sources will
provide the necessary cash flow to the Company for it to sustain operations.

Management anticipates cash flow
needs for the twelve months ended October 31, 2008 are as follows:

|General and administrative   | 1,150,000
|---------------------------- | ---------
|Capital purchases            | 150,000  
|Product development          | 200,000  
|Debt and liability reduction | 1,500,000
|                             | 3,000,000

Management anticipates raising $3,000,000 in capital to fund the operations in
addition to any capital raised for acquisition purposes.

Recent Accounting Pronouncements

In February 2007, the Financial
Accounting Standards Board issued Statement of Financial Accounting Standards
No. 159 ("FAS 159"), The Fair Value Option for Financial Assets and Financial
Liabilities, which permits entities to choose to measure many financial
instruments and certain other items at fair value which are not currently
required to be measured at fair value. FAS 159 is effective for financial
statements issued for fiscal years beginning after November 15, 2007, and
interim periods within those fiscal years. The Company does not expect the
adoption of FAS 159 to have an effect on its financial statements.

In September
2006, the SEC staff issued Staff Accounting Bulletin No. 108 "Considering the
Effects of Prior Year Misstatements when Quantifying Misstatements in Current
Year Financial Statements" ("SAB 108"). SAB 108 requires that public
companies utilize a "dual-approach" to assessing the quantitative effects of
financial misstatements. This dual approach includes both an income statement
focused assessment and a balance

25

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sheet focused
assessment. The guidance in SAB 108 must be applied to annual financial
statements for fiscal years ending after November 15, 2006. The Company is
currently assessing the impact of adopting SAB 108 but does not expect that it
will have a material effect on its consolidated financial position or results of
operations.

In September
2006, the Financial Accounting Standards Board ("FASB") issued SFAS No. 158,
"Employers' Accounting for Defined Benefit Pension and Other Postretirement
Plans - an amendment of FASB Statements No. 87, 88, 106, and 132(R)". This
statement requires employers to recognize the overfunded or underfunded status
of a defined benefit postretirement plan (other than a multiemployer plan) as an
asset or liability in its statement of financial position and to recognize
changes in that funded status in the year in which the changes occur through
comprehensive income of a business entity or changes in unrestricted net assets
of a not-for-profit organization. This statement also requires an employer to
measure the funded status of a plan as of the date of its year-end statement of
financial position, with limited exceptions. The provisions of SFAS No. 158 are
effective for employers with publicly traded equity securities as of the end of
the fiscal year ending after December 15, 2006. The adoption of this statement
is not expected to have a material effect on the Company's future reported
financial position or results of operations.

In September
2006, the FASB issued SFAS No. 157, "Fair Value Measurements". The objective of
SFAS No. 157 is to increase consistency and comparability in fair value
measurements and to expand disclosures about fair value measurements. SFAS No.
157 defines fair value, establishes a framework for measuring fair value in
generally accepted accounting principles, and expands disclosures about fair
value measurements. SFAS No. 157 applies under other accounting pronouncements
that require or permit fair value measurements and does not require any new fair
value measurements. The provisions of SFAS No. 157 are effective for fair value
measurements made in fiscal years beginning after November 15, 2007. The
adoption of this statement is not expected to have a material effect on the
Company's future reported financial position or results of operations.

In June 2006,
the FASB issued FASB Interpretation No. 48, "Accounting for Uncertainty in
Income Taxes, an interpretation of FASB Statements No. 109" ("FIN 48"). FIN 48
clarifies the accounting for uncertainty in income taxes by prescribing a
two-step method of first evaluating whether a tax position has met a more likely
than not recognition threshold and second, measuring that tax position to
determine the amount of benefit to be recognized in the financial statements.
FIN 48 provides guidance on the presentation of such positions within a
classified statement of financial position as well as on derecognition, interest
and penalties, accounting in interim periods, disclosure, and transition. FIN 48
is effective for fiscal years beginning after December 15, 2006. The adoption of
this statement is not expected to have a material effect on the Company's future
reported financial position or results of operations.

In May 2006,
the FASB issued SFAS No. 156, "Accounting for Servicing of Financial Assets, an
amendment of FASB Statement No. 140, Accounting for Transfers and Servicing of
Financial Assets and Extinguishments of Liabilities". This statement requires
all separately recognized servicing assets and servicing liabilities be
initially measured at fair value, if practicable, and permits for subsequent
measurement using either fair value measurement with changes in fair value
reflected in earnings or the amortization and impairment requirements of
Statement No. 140. The subsequent measurement of separately recognized servicing
assets and servicing liabilities at fair value eliminates the necessity for
entities that manage the risks inherent in servicing assets and servicing
liabilities with derivatives to qualify for hedge accounting treatment and
eliminates the characterization of declines in fair value as impairments or
direct write-downs. SFAS No. 156 is effective for an entity's first fiscal year
beginning after September 15, 2006. The adoption of this statement is not
expected to have a material effect on the Company's future reported financial
position or results of operations.

In February
2006, the FASB issued SFAS No. 155, "Accounting for Certain Hybrid Financial
Instruments-an amendment of FASB Statements No. 133 and 140", to simplify and
make more consistent the accounting for certain financial instruments. SFAS No.
155 amends SFAS No. 133, "Accounting for Derivative Instruments and Hedging
Activities", to permit fair value re-measurement for any hybrid financial
instrument with an embedded derivative that otherwise would require bifurcation,
provided that the whole instrument is accounted for on a fair value basis. SFAS
No. 155 amends SFAS No. 140, "Accounting for the Impairment or Disposal of
Long-Lived Assets", to allow a qualifying special-purpose entity to hold a
derivative financial instrument that pertains to a beneficial interest other
than another derivative financial instrument. SFAS No. 155 applies to all
financial instruments acquired or issued after the beginning of an entity's
first fiscal year that begins after September 15,

26

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2006, with
earlier application allowed. The adoption of this statement is not expected to
have a material effect on the Company's future reported financial position or
results of operations.



Item  3.
Controls and Procedures

Under the supervision and with
the participation of the Company's management, including the Company's Chief
Executive Officer and Chief Financial Officer, the Company has evaluated the
effectiveness of the design and operation of its disclosure controls and
procedures pursuant to Exchange Act Rule 13a-15(e) and Rule 15d-15(e) as of the
end of the period covered by this quarterly report.  Based on that evaluation,
the Chief Executive Officer and Chief Financial Officer have concluded that
these disclosure controls and procedures are effective to ensure that
information required to be disclosed by us in the reports we file or submit
under the Exchange Act is recorded, processed, summarized, and reported within
the time periods specified in the Securities and Exchange Commission's rules and
forms and that our disclosure and controls are designed to ensure that
information required to be disclosed by us in the reports that we file or submit
under the Exchange Act is accumulated and communicated to our management,
including our principal executive officer and principal financial officer, or
persons performing similar functions, as appropriate to allow timely decisions
regarding required disclosure. There were no significant changes in the
Company's internal controls or in other factors that could significantly affect
internal controls subsequent to the date of their evaluation.





27

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CAUTIONARY STATEMENT FOR
PURPOSES OF THE "SAFE HARBOR" PROVISIONS OF THE PRIVATE SECURITIES LITIGATION
REFORM ACT OF 1995

From time to time, the Company
will make written and oral forward-looking statements about matters that involve
risk and uncertainties that could cause actual results to differ materially from
projected results.

Many of these factors are beyond
the Company's ability to control and predict. Investors are cautioned not to
place undue reliance on forward-looking statements. The Company disclaims any
intent or obligation to update its forward-looking statements, whether as a
result of receiving new information, the occurrence of future events, or
otherwise.

This
Quarterly Report contains statements that are forward-looking. These statements
are based on current expectations and assumptions that are subject to risks and
uncertainties. Actual results could differ materially because of issues and
uncertainties such as those listed below, which, among others, should be
considered in evaluating the Company's financial outlook.

An investment in Most Home's
common stock involves risks due in part to prior operating losses, the limited
market for Most Home's common stock, and competition in the real estate
industry.

Prospective investors should be
aware that ownership of Most Home's common stock involves risks which could
depress the value of their shares. Most Home does not make, nor has it
authorized any other person to make, any representations about the future market
value of Most Home's common stock.

The Company's securities should
be purchased only by persons who can afford to lose their entire investment.
Prospective investors should read this entire quarterly report in conjunction
with our Annual Report filed on Form 10-KSB and carefully consider, among
others, the following risk factors in addition to the other information in this
report prior to making an investment.

Most Home has suffered losses in the past

Most Home incurred a net loss of
$574,167 for three months ended October 31, 2007, incurred a net loss of
$3,679,006 for the year ended July 31, 2007, $2,948,087 for the year ended July
31, 2006, and incurred a net loss of $1,560,546 for the year ended July 31,
2005.  From the date of its formation through October 31, 2007, Most Home
incurred net losses of $11,149,541.  Although management anticipates
profitability in future periods, profitability cannot be assured and further
losses may occur.

Foreign Currency Impact

The Company currently derives
approximately 90% of its revenues from U.S. sources and nearly 100% of its
expenses from Canadian sources. Increases in the Canadian dollar have negatively
impacted the Company's expenses and cash flows. Bank of Canada (http://www.bankofcanada.ca)
reports that the average annual exchange rate, based on monthly averages, for
the Canadian to U.S. dollar was 1.0196 for the three months ended October 31,
2007 compared to 1.1210 for the three months ended October 31, 2006. This
represents an increase of approximately 9.0%, on an average yearly exchange rate
basis, in the Company's expenses and cash disbursements over the three months
ended October 31, 2007. The Company does not currently engage in foreign
currency hedging activities.

Most Home needs additional
capital to advance its business and marketing plans.  Since the cash generated
from Most Home's operations may not be sufficient to fund these activities, Most
Home may need additional

28

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financing through private
financings, debt or equity offerings or collaborative arrangements with others. 
Any equity offering will result in dilution of the ownership interest of Most
Home's shareholders and may result in a decline in the price of Most Home's
common stock.  The Report of Independent Registered Public Accounting Firm with
respect to Most Home's financial statements for the fiscal year ended July 31,
2006 includes an additional explanatory paragraph that states there exists
substantial doubt about Most Home's ability to continue as a going concern. 
These consolidated financial statements do not include any adjustment as a
result of this uncertainty.

Most Home's services are dependent on the use of the Internet
and any interruptions, delays or capacity problems experienced on the Internet
or with telephone connections would adversely affect Most Home's ability to
operate.

Although Most Home has
instituted safeguards and redundancy for its systems, possible technical
problems could occur, including software failures that result in Most Home being
unable to view customer information by means of its websites, and website server
hardware failures that cause Most Home's or Most Home managed websites to be
unavailable to its customers for significant periods of time.  An extended
interruption, delay or capacity problems related to the use of the Internet
could significantly reduce future revenues.

Most Home may not be able to
protect its intellectual property

Most Home considers its wireless
technology and systems developed by Most Home and its partners to be proprietary
in nature.  The technology and systems allow users to connect to real estate
listing data remotely using mobility devices.

It is possible that others may
independently develop superior technology and systems or obtain access to Most
Home's technology and systems. Since the above technology and systems are not
patented; Most Home relies primarily on a combination of copyright, trademark
and trade secret laws and confidentiality procedures to protect its survey
methods.  Monitoring and identifying unlawful use of Most Home's intellectual
property may prove difficult, and the cost of litigation may prevent Most Home
from prosecuting any unauthorized use of its technology.

Although there are currently few
laws and regulations directly applicable to the Internet, a number of laws have
been proposed involving the Internet, including laws addressing user privacy,
pricing, content, copyrights, distribution, antitrust and characteristics and
quality of products and services.  Further, the growth and development of the
market for online email may prompt calls for more stringent consumer protection
laws that may impose additional burdens on those companies conducting business
by means of the internet.  The adoption of any additional laws or regulations
may impair the growth of the Internet or commercial online services which could
decrease the demand for Most Home's services and increase the cost of doing
business, or otherwise harm Most Home's business and operating results. 
Moreover, the applicability of existing laws to the Internet relating to
property ownership, sales and other taxes, libel and personal privacy is
uncertain and may take years to resolve.

Most Home's common stock is
quoted on the OTC Bulletin Board and there has been only a limited public market
for Most Home's common stock.  An active trading market for Most Home's stock
may not develop and purchasers of the shares may not be able to resell their
securities at prices equal to or greater than the price paid for these shares.
The market price of Most Home's common stock may decline as the result of
announcements by Most Home or its competitors, variations in Most Home's results
of operations, and market conditions in the real estate and Internet industries
in general.

29

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Rules of the Securities and Exchange Commission concerning low
priced securities may limit the ability of shareholders to sell their shares.

Most Home's common stock is
subject to Rule 15g-9 of the Securities and Exchange Commission which regulates
broker/dealer practices in connection with transactions in "penny stocks". 
Penny stocks generally are equity securities with a price of less than $5.00,
other than securities registered on certain national securities exchanges or
quoted on the NASDAQ system, provided that current price and volume information
with respect to transactions in that security are provided by the exchange or
system.  The penny stock rules require a broker/dealer, prior to a transaction
in a penny stock not otherwise exempt from the rules, to deliver a standardized
risk disclosure document prepared by the Commission that provides information
about penny stocks and the nature and level or risks in the penny stock market. 
The broker/dealer also must provide the customer with current bid and offer
quotations for the penny stock, the compensation of the broker/dealer and its
salesperson in the transaction, and if the broker/dealer is the sole
market-maker, the broker/dealer must disclose this fact and the broker/dealer's
presumed control over the market.  This information must be provided to the
customer orally or in writing before or with the written confirmation of trade
sent to the customer.  The bid and offer quotations, and the broker/dealer and
its salesperson compensation information, must be given to the customer in
writing before or with the customer's confirmation.  The broker/dealer must make
a special suitability determination for purchasers of the securities and receive
the purchaser's written agreement to the transaction prior to sale.  Monthly
statements must be sent by the broker/dealer to the customer disclosing recent
price information for the penny stock held in the account and information on the
limited market in penny stocks.  These disclosure requirements may reduce the
level of trading activity in the market for Most Home's common stock and may
limit the ability of investors in this offering to sell Most Home's common stock
in the secondary market.

On November 16, 2005, the SEC approved certain changes to NASD Rule 6530. As
amended, NASD Rule 6530 provides that OTC Bulletin Board ("OTCBB") issuers who
are late in filing their annual or quarterly reports three times within a
24-month period will be ineligible for quotation on the OTCBB. In order to
regain eligibility under this rule, the issuer would need to timely file all of
its annual and quarterly reports due in a one year period. The amended NASD Rule
6530 does not apply to annual or quarterly reports for periods ended before
October 1, 2005.

We have been late in filing our
quarterly and annual reports on two occasions subsequent to periods ending after
October 1, 2005. If we are late in filing our annual or quarterly reports three
times within a 24-month period, we may become ineligible for quotation on the
OTCBB, which would negatively affect the market for our common stock. In
addition, if our common stock is no longer eligible for quotation on the OTCBB,
it may become more difficult for us to obtain additional equity financing as
shares of our common stock will be less attractive to potential investors.

Most Home has options, warrants
and preferred stock outstanding as of December 11, 2007, the exercise or
conversion of which could result in the issuance 11,424,208 additional shares of
common stock representing 32.2% of the issued and outstanding shares.  To the
extent these shares are issued, the percentage of common stock held by existing
common stockholders will be reduced. In addition the exercise of any or all of
the options or warrants might result in further dilution of the net tangible
book value of the existing stockholders' shares. If the market price of Most
Home's common stock is above the exercise price of an option or warrant the
holders of the option or warrant may exercise the warrant or option, in which
case Most Home would be required to sell its shares at below market prices,
further diluting the interests of other shareholders.

Most Home may not be able
raise sufficient funds to close on an acquisition currently being considered.

Most Home is in the process of
signing a definitive agreement to purchase all the outstanding shares of a Call
Center with a purchase price of $30,000,000 plus an Earn Out based on meeting
revenue targets.  The

30

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consideration for the
acquisition has been amended to include a formula for Earned-Out-Shares that may
result in a significant but undetermined number of Most Home shares being
issued.  Presently, there is only a non-binding Deal Sheet Agreement in
Principle signed on October 12, 2007.  As of June 12, 2007 no formal agreement
has been reached. The Company is currently working on finalizing the Definitive
Agreement and completing its due diligence review to close the transaction.

Most Home needs additional
capital of $27,000,000 to close the acquisition.  Any equity offering will
result in dilution of the ownership interest of Most Home's shareholders and may
result in a decline in the price of Most Home's common stock (See also Rule
15g-9 above regarding penny stock risks).  Any debt offering will incur
substantial interest charges and terms may not be favorable to the Company.













31

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PART II  -  OTHER INFORMATION

Item 1. Legal Proceedings

None.

Item 2. Unregistered Sales of Equity Securities and Use
of Proceeds

(a)   The following sets forth
certain information regarding sales of equity securities that were either not
registered under the Securities Act or not previously included in a Current
Report on Form 8-K during the three months ended October 31, 2007:

(b) Subsequent to the three
months ended October 31, 2007:

On November 14, 2007, the
Company entered into an agreement with an accredited investor to sell up to
970,000 shares of common stock and 970,000 share purchase warrants for total
proceeds of $242,500, at a price of $0.25 per unit of share and warrant.  Each
warrant entitles the investor to purchase one additional common share at an
exercise price of $0.40 per share for a period of three years.

The Company received $100,000 on
November 1, 2007.  The investor has agreed to pay an additional $47,500 on or
before December 1, 2007; an additional $47,500 on or before January 1, 2008; and
an additional $47,500 on or before February 1, 2008.  We will only issue
securities upon receipt of payment, and we will be issuing the securities for
the payment received on November 1, 2007 and December 1, 2007.

We did not pay any commission in
connection with the private placement.  The units were sold to the accredited
investors pursuant to Regulation 506 under the Securities Act of 1933, as
amended.  All securities issued were issued as "restricted securities" and were
endorsed with a restrictive legend confirming that the securities could not be
resold without registration under the Act or an applicable exemption from the
registration requirements of the Act.  No general solicitation or general
advertising was conducted in connection with the sales of the shares.

Item 3. Defaults upon Senior Securities

None.

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

None.

Item 5. Other Information

On August 2, 2007, the Company
borrowed a total of US$47,235 (equivalent of CAD$50,000) from George
Shahnazarian, a director of the Company.  The loan accrues interest at a rate of
10% per annum, are secured by a promissory note and repayable on demand.

On November 15, 2007, the
Company borrowed another US$47,235 (equivalent of CAD$50,000) from George
Shahnazarian, a director of the Company.  The loan accrues interest at a rate of
10% per annum, are secured by a promissory note and repayable on demand.

During the three months ended
October 31, 2007, the Company paid an aggregate of US$nil as interest to Mr.
Shahnazarian.

32

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Item 6. Exhibits

|Exhibit No. | Description of Exhibit                                                                               
|----------- | -----------------------------------------------------------------------------------------------------
|31.1        | Certifications of Chief Executive Officer Pursuant to Section 302 of the
		Sarbanes-Oxley Act of 2002
|31.2        | Certifications of Chief Financial Officer Pursuant to Section 302 of the
		Sarbanes-Oxley Act of 2002
|32.1        | Certifications of Chief Executive Officer Pursuant to Section 906 of the
		Sarbanes-Oxley Act of 2002
|32.2        | Certifications of Chief Financial Officer Pursuant to Section 906 of the
		Sarbanes-Oxley Act of 2002



































33

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SIGNATURES

In accordance with the requirements of the Securities and
Exchange Act of 1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.

|                          | MOST HOME CORP.
|------------------------- | ---------------
|                          |                
|                          |                
|Date:
		December 10, 2007 | By:            
|                          |                
|                          |                
|                          |                
|Date:
		December 10, 2007 | By:            
|                          |                



































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