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





|ý | Quarterly report pursuant section 13 or 15(d) of the Securities Exchange Act of 1934
For the quarterly period ended January 31, 2008                     
|- | ---------------------------------------------------------------------------------------------------------------------------------------------------------
|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

State the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date:

As of March 14, 2008 the Company had 36,681,591 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









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Consolidated Financial
	Statements of MOST HOME CORP. (Expressed in U.S. dollars)
	For the Six Month Period Ended January 31, 2008
	
	
	
	
	
	
	
	
	
	
	
	
	2 MOST HOME CORP. Consolidated Balance Sheets
	(Expressed in U.S. dollars)
	January 31,
			2008
			$
			(Unaudited)
			
			July 31,
			2007
			$AssetsCurrent AssetsCash
			17,803
			
			18,443Accounts receivable, net of allowance for doubtful
			accounts of $nil and $nil, respectively
			230,166
			
			269,407Prepaid expenses
			30,641
			
			33,237Due from related party (Note 9(a))
			34,245
			
			31,938Total
			Current Assets
			312,855
			
			353,025Deferred acquisition costs
			205,433
			
			119,334Property and equipment (Note 3)
			96,365
			
			105,134Intangible assets (Note 4)
			99,875
			
			156,794Goodwill (Note 5)
			754,892
			
			754,892Total
			Assets
			1,469,420
			
			1,489,179Liabilities and Stockholders' EquityCurrent LiabilitiesShort-term borrowings (Note 6)
			167,838
			
			156,389Accounts payable (Note 9(c))
			946,210
			
			880,308Accrued liabilities (Note 7)
			1,325,820
			
			983,126Loans payable (Note 8)
			117,567
			
			111,585Due to related party (Note 9(b))
			269,655
			
			213,988Deferred revenue
			144,497
			
			159,415Total
			Current Liabilities
			2,971,587
			
			2,504,811Long-term loans payable, net of current portion (Note 8)
			3,656
			
			4,196Total
			Liabilities
			2,975,243
			
			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: 35,681,591 and 34,150,591, respectively
			35,682
			
			34,151Common stock subscribed (Note 10(b))
			250,000
			
			-Additional paid-in capital
			10,208,482
			
			9,647,656Share subscriptions receivable (Note 9(a))
			(43,469)
			
			(43,469)Accumulated deficit
			(11,781,564)
			
			(10,575,374)Accumulated other comprehensive income (loss)
			(176,118)
			
			(83,956)Total
			Stockholders' Equity (Deficit)
			(1,505,823)
			
			(1,019,828)Total
			Liabilities and Stockholders' Equity
			1,469,420
			
			1,489,179See 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
			January 31,
			For the six
			months ended
			January 31,2008
			$
			
			2007
			$
			2008
			$
			
			2007
			$Net
			Revenues
			513,856
			
			470,988
			1,099,817
			
			1,036,384Cost
			of Revenues
			174,427
			
			213,647
			404,057
			
			418,517Gross
			Margin
			339,429
			
			257,341
			695,760
			
			617,867Operating ExpensesAmortization
			36,578
			
			38,036
			73,889
			
			84,927Research and development
			180,529
			
			110,872
			285,224
			
			317,808Selling, general and administrative
			612,944
			
			1,459,287
			1,358,571
			
			2,274,159Total
			Operating Expenses
			830,051
			
			1,608,195
			1,717,684
			
			2,676,894Loss
			from Operations
			(490,622)
			
			(1,350,854)
			(1,021,924)
			
			(2,059,027)Other
			ExpenseInterest Expense
			(141,401)
			
			(40,627)
			(184,266)
			
			(66,816)Total
			Other Expenses
			(141,401)
			
			(40,627)
			(184,266)
			
			(66,816)Net
			Loss for the Period
			(632,023)
			
			(1,391,481)
			(1,206,190)
			
			(2,125,843)Other
			Comprehensive Income (Loss)Foreign currency translation adjustments
			104,574
			
			(41,164)
			(92,162)
			
			29,737Comprehensive Loss
			(527,449)
			
			(1,432,645)
			(1,298,352)
			
			(2,096,106)Net
			Loss Per Common Share - Basic and Diluted
			$(0.02)
			
			$(0.05)
			$(0.03)
			
			$(0.07)Weighted Average Common Shares Outstanding
			35,047,000
			
			30,830,000
			34,656,000
			
			30,241,000See
	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
				Common Stock Subscribed
				Additional
				Share Subscriptions
				Accumulated
				Accumulated
				Other
				Comprehensive
				Total
				Stockholders'
				EquityShares
				#
				Amount
				$
				Shares
				#
				Amount
				$
				Shares
				#
				$
				Paid-in 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
			-
			-
			1,530,000
			1,530
			-
			-
			493,470
			-
			-
			-
			495,000Stock
			issuance costs
			-
			-
			-
			-
			-
			-
			(3,250)
			-
			-
			-
			(3,250)Common
			stock issued pursuant to the exercise of stock options
			-
			-
			1,000
			1
			-
			-
			349
			-
			-
			-
			350Common
			stock subscribed pursuant to private placements
			-
			-
			-
			-
			1,000,000
			250,000
			-
			-
			-
			-
			250,000Fair
			value of stock options vested
			-
			-
			-
			-
			-
			-
			70,257
			-
			-
			-
			70,257Foreign currency translation adjustment
			-
			-
			-
			-
			-
			-
			-
			-
			-
			(92,162)
			(92,162)Net
			loss for the period
			-
			-
			-
			-
			-
			-
			-
			-
			(1,206,190)
			-
			(1,206,190)Balance, January 31, 2008
			1,164,183
			1,164
			35,681,591
			35,682
			1,000,000
			250,000
			10,208,482
			(43,469)
			(11,781,564)
			(176,118)
			(1,505,823)    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 six months ended
			January 31,2008
			$
			2007
			$Operating ActivitiesNet loss for the period
			(1,206,190)
			(2,125,843)Adjustments to reconcile net loss to net cash used in
			operating activities:Amortization
			73,889
			84,927Stock-based compensation
			70,257
			848,793Changes in operating asset and liabilities:Accounts receivable
			55,041
			45,140Prepaid expenses
			3,967
			(46,366)Due from related party
			(2,307)
			(2,307)Accounts payable
			17,477
			285,980Accrued liabilities
			285,710
			384,983Deferred revenue
			(24,924)
			(83,344)Net Cash Used In Operating Activities
			(727,080)
			(608,037)Investing ActivitiesPurchases of property and equipment
			(1,575)
			(8,506)Deferred acquisition costs
			(86,099)
			-Net Cash Used In Investing Activities
			(87,674)
			(8,506)Financing ActivitiesIncrease in short-term borrowings
			11,449
			58,131Proceeds from loans payable
			-
			142,640Repayment of loans payable
			(800)
			(25,692)Proceeds from issuances of common stock
			495,350
			409,200Proceeds from common stock subscribed
			250,000
			-Stock issuance costs
			(3,250)
			(17,500)Advances from related parties
			144,674
			67,969Repayment to related parties
			(100,479)
			(25,489)Net Cash Provided By Financing Activities
			796,944
			609,259Effect of Exchange Rate Changes on Cash
			17,170
			(41,026)Increase (Decrease) in Cash
			(640)
			(48,310)Cash, Beginning of Period
			18,443
			48,310Cash, End of Period
			17,803
			-Supplemental Disclosures:Interest paid
			40,168
			-Income taxes paid
			-
			- See
	accompanying notes to the consolidated financial statements


6

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MOST HOME CORP.

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 January 31, 2008 has an
accumulated deficit of $11,781,564. The Company also had a working capital
deficit of $2,658,732 as at January 31, 2008. 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 $4,000,000 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 January 31, 2008, and the consolidated results of its
operations and consolidated cash flows for the three and six months ended
January 31, 2008 and 2007. The results of operations for the three months ended
January 31, 2008 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.

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.

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.

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 six months ended January 31, 2008, revenue from three customers
represented approximately 49% of total revenue. For the six months ended January
31, 2007, the same three customers represented approximately 33% 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 January 31, 2008, three customers represented
approximately 56% the Company's gross accounts receivable. As at January 31,
2007, four customers represented approximately 30% 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 $176,118 as at January 31, 2008 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.

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.

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 December 2007, the FASB issued SFAS No. 160, "Noncontrolling Interests in
Consolidated Financial Statements Liabilities - an Amendment of ARB No. 51".
This statement amends ARB 51 to establish accounting and reporting standards for
the Noncontrolling interest in a subsidiary and for the deconsolidation of a
subsidiary. This statement is effective for fiscal years, and interim periods
within those fiscal years, beginning on or after December 15, 2008. Earlier
adoption is prohibited. The adoption of this statement is not expected to have a
material effect on the Company's financial statements.

In December 2007, the Financial Accounting Standards Board (FASB) issued SFAS
No. 141R, "Business Combinations". This statement replaces SFAS 141 and defines
the acquirer in a business combination as the entity that obtains control of one
or more businesses in a business combination and establishes the acquisition
date as the date that the acquirer achieves control. SFAS 141R requires an
acquirer to recognize the assets acquired, the liabilities assumed, and any
noncontrolling interest in the acquiree at the acquisition date, measured at
their fair values as of that date. SFAS 141R also requires the acquirer to
recognize contingent consideration at the acquisition date, measured at its fair
value at that date. This statement is effective for fiscal years, and interim
periods within those fiscal years, beginning on or after December 15, 2008.
Earlier adoption is prohibited. The adoption of this statement is not expected
to have a material effect on the Company's financial statements.

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.

12

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MOST HOME CORP.

2.    Significant Accounting Policies (continued)

(t)  Recent Accounting Pronouncements (continued)

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.

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 did not 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, 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.

13

---



MOST HOME CORP.

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
		$ |  | January 31,
		2008
		Net Carrying
		Value
		$ |  | July 31,
		2007
		Net Carrying
		Value
		$
| | ---------------------- | -------- |  | ------------------------------ |  | --------------------------------------------- |  | ------------------------------------------
| | Computer hardware      | 349,935  |  | 283,539                        |  | 66,396                                        |  | 72,830                                    
| | Computer software      | 62,436   |  | 61,225                         |  | 1,211                                         |  | 446                                       
| | Leasehold improvements | 71,608   |  | 71,608                         |  | -                                             |  | 1,792                                     
| | Office equipment       | 113,878  |  | 85,120                         |  | 28,758                                        |  | 30,066                                    
| |                        | 597,857  |  | 501,492                        |  | 96,365                                        |  | 105,134                                   
| |                        |          |  |                                |  |                                               |  |                                           

Amortization expense totalled $16,889 and $19,358 for the six month ended
periods January 31, 2008 and 2007, respectively.



4.   Intangible Assets

| |                           | Cost
		$ |  | Accumulated
		Amortization
		$ |  | January
		31,
		2008
		Net Carrying
		Value
		$ |  | July 31,
		2007
		Net Carrying
		Value
		$
| | ------------------------- | -------- |  | ------------------------------ |  | ----------------------------------------------- |  | ------------------------------------------
| | Customer list             | 189,000  |  | 162,750                        |  | 26,250                                          |  | 57,750                                    
| | Technology                | 204,000  |  | 131,750                        |  | 72,250                                          |  | 97,750                                    
| | Website development costs | 470,972  |  | 469,597                        |  | 1,375                                           |  | 1,294                                     
| |                           | 863,972  |  | 764,097                        |  | 99,875                                          |  | 156,794                                   
| |                           |          |  |                                |  |                                                 |  |                                           

Amortization expense totalled $57,000 and $65,569 for the six month ended
periods January 31, 2008 and 2007, respectively.

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

$2008
			
			77,2502009
			
			22,6252010
			
			-99,875


14

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MOST HOME CORP.

5.   Goodwill

| |                    | Cost
		$  | Accumulated Amortization
		$ | January 31,
		2008
		Net Carrying
		Value
		$ | July 31,
		2007
		Net Carrying
		Value
		$
| | ------------------ | --------- | ---------------------------- | --------------------------------------------- | ------------------------------------------
| | Most Referred(R)   | 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(R) originated from the acquisition on
April 28, 2000, which was amortized to January 31, 2001. Goodwill for Executive
Wireless originated from the acquisition of Executive Wireless, Inc. on June 13,
2005.

6.   Short-term Borrowings

| |                                                                                                                                            | January 31,
		2008
		$ |  | 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. | 69,735                 |  | 93,738             
| | Bank overdraft                                                                                                                             | 98,103                 |  | 62,651             
| |                                                                                                                                            | 167,838                |  | 156,389            

7.   Accrued Liabilities

| |                                 | January 31,
		2008 
		$ |  | July 31,
		2007
		$
| | ------------------------------- | ----------------------- |  | -------------------
| | Payroll deductions and benefits | 1,159,620               |  | 814,200            
| | Professional fees               | 27,387                  |  | 63,348             
| | Sales tax and other             | 138,813                 |  | 105,578            
| |                                 | 1,325,820               |  | 983,126            

8.   Loans Payable

(a)  As at January 31, 2008, a promissory note of $99,621 (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 January 31, 2008, the balance of $16,240 due to a non-related third
party is non-interest bearing, unsecured and due on demand.

(c)  As at January 31, 2008, the balance of $5,362 (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 $1,706.



15

---



MOST HOME CORP.

9.   Related Party Transactions

(a)  As at January 31, 2008, a total balance of $77,714 (2007 - $73,138) is due
from a company with common officers and directors. Of this total balance,
$34,245 includes $4,405 (2007 - $4,405) in principal loan balance receivable and
accrued interest on the loan and share subscriptions receivable totaling $29,840
(2007 - $25,264). The share subscriptions receivable of $43,469 (2007 - $43,469)
due from this company is reported in Stockholders' Deficit. 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 January 31, 2008, the balance of $269,655 (2007 - $60,788) due to a
director of the Company is unsecured, bears interest at 10% per annum and due on
demand.

(c)  As at January 31, 2008 a balance of $405,028 (2007 - $197,707) due to a law
firm in which a director of the Company is a partner is included in accounts
payable and accrued liabilities.

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

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MOST HOME CORP.

10.  Capital Stock

(b)        The common share
transactions for the Six Month Period ended January 31, 2008 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.

(iii)        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. 
As of January 31, 2008, the Company issued 780,000 units and has received
$195,000 of the $242,500, with the balance of the subscription to be paid on
February 1, 2008 (see Note 15(b)).

(iv)        On December 12, 2007, the Company entered into an agreement with an
accredited investor to sell up to 1,200,000 shares of common stock and 1,200,000
share purchase warrants for total proceeds of $300,000, 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.  As of January 31, 2008, the Company has received $150,000 with the
remaining balance to be received by the end of March 2008. The Company has not
issued the shares as at January 31, 2008 and are recorded as a common stock
subscribed.

(v)         On January 7, 2008, the Company entered into an agreement with two
accredited investors to sell up to 800,000 shares of common stock and 800,000
share purchase warrants for total proceeds of $200,000, 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.  As of January 31, 2008, the Company has received $100,000 with the
remaining balance to be received on February 4, 2008. The Company has not issued
the shares as at January 31, 2008 and are recorded as a common stock subscribed.

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.

17

---



MOST HOME CORP.

11.  Stock-based Compensation
(continued)

Stock Compensation Plans (continued)

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 705,000 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 783,280 stock options under this plan remain available for issuance.

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                                  |  |                                                        |                              
| | Issued                       | 2,565,000           |  | 0.35                                  |  |                                                        |                              
| | Exercised                    | (1,000)             |  | 0.35                                  |  |                                                        |                              
| | Expired                      | (3,015,000)         |  | 0.48                                  |  |                                                        |                              
| | Forfeited                    | (15,000)            |  | 0.50                                  |  |                                                        |                              
| | Balance, January 31, 2008    | 4,226,720           |  | 0.41                                  |  | 3.70                                                   | -                            
| | Exercisable January 31, 2008 | 1,656,720           |  | 0.50                                  |  | 1.79                                                   | -                            

The total
fair value of stock-based compensation vested during the six month period ended
January 31, 2008 was $70,257.





18

---



MOST HOME CORP.

11.  Stock-based Compensation
(continued)

Stock Option Activity (continued)

The total intrinsic value of stock options exercised during the six month period
ended January 31, 2008 was $200.

| |                             | Number of
		Shares |  | Weighted Average
		Grant Date
		Fair Value
		$
| | --------------------------- | ------------------ |  | ----------------------------------------------
| | Nonvested, July 31, 2007    | 320,000            |  | 0.56                                          
| | Issued                      | 2,565,000          |  | 0.35                                          
| | Forfeited                   | (15,000)           |  | 0.50                                          
| | Vested                      | (300,000)          |  | 0.56                                          
| | Nonvested, January 31, 2008 | 2,570,000          |  | 0.35                                          

As at January 31, 2008, there was $605,735 of total unrecognized compensation
cost related to nonvested share-based compensation arrangements. The cost is
expected to be recognized over a weighted average period of one year.

The fair value of stock options granted was
calculated using the Black-Scholes option pricing model based upon the following
weighted average assumptions:



|                                 | Three and six months ended 
			January 31,
			2008 |  | Three and six months ended
			January 31,
			2007
|-------------------------------- | -------------------------------------------------- |  | -------------------------------------------------
|Expected life                    | 4 years                                            |  | 1 year                                           
|Expected volatility              | 156%                                               |  | 120%                                             
|Expected dividend yield          | 0%                                                 |  | 0%                                               
|Risk free interest rate          | 2.76%                                              |  | 4.72%                                            
|Grant date fair value per option | $0.26                                              |  | $0.48                                            

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                                 
|Expired                     | (1,006,001)          |  | 0.70                                 
|Issued                      | 1,530,000            |  | 0.52                                 
|Balance,
		January 31, 2008 | 8,931,487            |  | 0.50                                 

19

---



MOST HOME CORP.

12.  Share Purchase
Warrants (continued)

As at January 31, 2008, the following share purchase warrants were outstanding:

|Number of Warrants | Exercise
		Price
		$ | Expiry Date      
|------------------ | -------------------- | -----------------
|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                | July 28, 2009    
|335,000            | 0.75                 | January 3, 2009  
|186,250            | 0.60                 | October 3, 2009  
|375,000            | 0.60                 | February 7, 2010 
|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   
|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   
|400,000            | 0.40                 | October 31, 2010 
|190,000            | 0.40                 | November 30, 2010
|190,000            | 0.40                 | December 31, 2010
|8,931,487          |                      |                  

20

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MOST HOME CORP.

13.  Commitments

The Company's minimum payments required under operating leases for premises and
equipment are as follows as at January 31, 2008:

$2008
			
			15,4132009
			
			3,10318,516


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 January 11, 2008, the Company entered into an Asset Purchase Agreement
("the Agreement") to purchase the net operating assets of NetUpdate, Inc. ("Netupdate"),
a private company registered in Bellevue, Washington. On February 1, 2008, the
Company closed on the Agreement with Netupdate.  Netupdate is an on-line
mortgage origination software provider.  Under the Agreement, the Company
purchased the assets of Netupdate and assumed certain liabilities. In
consideration of the Agreement, the Company will issue common stock with a total
value of $700,000 (1,845,046 shares), representing the total purchase price, to
the shareholders of Netupdate. The Company's shares will be restricted stock
with "piggyback" registration rights.  Details of the Agreement were filed with
the SEC in an 8-K dated January 16, 2008, file no. 000-29067.  Management is of
the opinion that up to $2,000,000 in earn-out shares issuable under the
Agreement are not reasonably certain and therefore has not included this amount
in the purchase price or valuation of Netupdate.

(b)  On February 1, 2008, the Company received the remaining $47,500 due from
the subscriber as noted in 10(b)(iii).

(c)  On February 4, 2008, the Company received the remaining $100,000 due from
the two subscribers as noted in 10(b)(v).

(d)  On February 21, 2008 the Board of Directors approved for issuance the
remainder of the common shares subscribed as noted in 10(b)(iv) and 10(b)(v).

(e)  On February 21, 2008, the Board of Directors approved a retention bonus of
25,000 common shares to the Director of Sales of NetUpdate, Inc. and were
subsequently issued on March 11, 2008.





21

---



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 2007, a nearly 31
percent increase over 2005. In 2008, spending was 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 March
13, 2008, the Company employed 39 people, including 2 contractors on a part-time
basis, and 10 employees are licensed REALTORS(R).



22

---



Revenues and expenses

The following table shows
revenues and margins for the three months ended January 31, 2008, with
comparative figures for the prior:

| |                       | Three months ended
		 January 31, 2008 | % of Sales |  | Three months ended January 31, 2007 | % of Sales
| | --------------------- | -------------------------------------- | ---------- |  | ----------------------------------- | ----------
| | Revenues:             |                                        |            |  |                                     |           
| | Referrals             | 144,022                                | 28.0       |  | 147,864                             | 31.4      
| | Membership            | 71,766                                 | 14.0       |  | 138,550                             | 29.4      
| | Enterprise            | 126,896                                | 24.7       |  | 97,109                              | 20.6      
| | Wireless and mobility | 148,237                                | 28.8       |  | 90,509                              | 19.2      
| | Other                 | 22,936                                 | 4.5        |  | (3,044)                             | (0.6)     
| |                       | 513,856                                | 100.0      |  | 470,989                             | 100.0     

Referral revenue decreased
$3,842 (2.6%) from the three months ended January 31, 2007.  The decrease in
referral revenues for the three months ended January 31, 2008 was the result of
a decrease in leads generated through the Company's websites listed on Internet
search engine portals Q1 of fiscal 2007.  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.  In addition the
Company is shifting its focus from agent based revenue models to broker based
revenue models.

Membership revenues decreased
$66,784 (48.2%) from the three months ended January 31, 2007.  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.

Enterprise revenues increased
29,787 (30.7%) for the three months ended January 31, 2008.  The increase is due
to constant data aggregation work for several customers, as well renegotiated
contracts in July 2007 that doubled their original contract value  The company
is continuing efforts to increase broker sales with a steady increase for fiscal
2008.

Wireless and mobility revenue
increased $57,728 (63.8%) from the three months ended January 31, 2007.  This
increase was due to expanded sales efforts for the Company's wireless products
to MLS boards through its partner reseller agreements. In Q3 of fiscal 2008,
Most Home will expand the marketing of its wireless technology to consumer
applications, which will further increase wireless and mobility revenues.

The following table shows
revenues and margins for the six months ended January 31, 2008, with comparative
figures for the prior:

| |           | Six months ended 
			 January 31, 2008 | % of Sales |  | Six months ended 
			 January 31, 2007 | % of Sales
| | --------- | -------------------------------------- | ---------- |  | -------------------------------------- | ----------
| | Revenues: |                                        |            |  |                                        |           
| | Referrals | 363,687                                | 33.1       |  | 372,130                                | 35.9      

23

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| |                       | Six months ended 
			 January 31, 2008 | % of Sales |  | Six months ended 
			 January 31, 2007 | % of Sales
| | --------------------- | -------------------------------------- | ---------- |  | -------------------------------------- | ----------
| | Membership            | 160,495                                | 14.6       |  | 307,993                                | 29.7      
| | Enterprise            | 252,653                                | 23.0       |  | 196,786                                | 19.0      
| | Wireless and mobility | 279,264                                | 25.4       |  | 158,117                                | 15.3      
| | Other                 | 43,718                                 | 4.0        |  | 1,358                                  | 0.1       
| |                       | 1,099,817                              | 100.0      |  | 1,036,384                              | 100.0     

The following table shows
revenues and margins for the three months ended January 31, 2008, with
comparative figures for the prior year:

| |                 | Three months ended 
		 January 31, 2008 | % of Sales |  | Three months ended 
		 January 31, 2007 | % of Sales
| | --------------- | --------------------------------------- | ---------- |  | --------------------------------------- | ----------
| | Revenues:       | 513,856                                 | 100.0      |  | 470,989                                 | 100.0     
| | Gross
		Margin: | 339,429                                 | 66.1       |  | 257,341                                 | 54.6      

Gross margin for the three
months ended January 31, 2008 was $339,429 (66.1%) compared to $257,341 (54.6%)
for the comparable quarter ended January 31, 2007. 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).

This was offset with the
Company completing its transition to a new software platform.  As of November
30, 2007, the Company has stopped using the older system and transitioned all
its clients to the new one.  The new system has reduced costs and overhead, and
allows the Company to implement new customers within weeks, rather than months.

A headcount reduction of 3 from
the three months ended January 31, 2007 resulted in a higher gross margin as
well as 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.

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
revenues and margins for the six months ended January 31, 2008, with comparative
figures for the prior year:

| |                 | Six months ended 
		 January 31, 2008 | % of Sales |  | Six months ended 
		 January 31, 2007 | % of Sales
| | --------------- | ------------------------------------- | ---------- |  | ------------------------------------- | ----------
| | Revenues:       | 1,099,817                             | 100.0      |  | 1,036,384                             | 100.0     
| | Gross
		Margin: | 695,760                               | 63.3       |  | 617,867                               | 59.6      

The following table shows
operating expenses as a percentage of sales for the three month period ended
January 31, 2008, with comparative figures for the prior quarter.

| |              | Three months ended 
			 January 31, 2008 | % of Sales |  | Three months ended 
			 January 31, 2007 | % of Sales
| | ------------ | ---------------------------------------- | ---------- |  | ---------------------------------------- | ----------
| | Amortization | 36,578                                   | 7.1        |  | 38,036                                   | 8.1       

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| |                                     | Three months ended January 31, 2008 | % of Sales |  | Three months ended January 31, 2007 | % of Sales
| | ----------------------------------- | ----------------------------------- | ---------- |  | ----------------------------------- | ----------
| | Research and development            | 180,529                             | 35.1       |  | 110,872                             | 23.5      
| | Selling, general and administrative | 612,944                             | 119.3      |  | 1,459,287                           | 309.8     
| | Total
		operating expenses          | 830,051                             | 161.5      |  | 1,608,195                           | 341.4     

Amortization expense decreased
slightly to $36,578 from the three months ended January 31, 2007. The   decrease
was due to reduced amortization on previously capitalized costs that have been
fully amortized as of January 31, 2008.

Research and development costs
increased $69,657 from prior year quarter. The Company remains focused on
further development of its products and services; enhancement of its existing
products under a uniform product platform.  Extra development time was required
for the transition of our new software platform.

Selling, general and
administrative costs decreased 58.0% ($846,343) from the three months ended
January 31, 2007.  The main factor for this decrease was non-cash stock
compensation for the issuance and extension of stock options and warrants,
recorded in the three month period ending January 31, 2007 and a headcount
reduction, included in SG&A, of 6 people during fiscal 2007.

The following table shows
operating expenses as a percentage of sales for the six month period ended
January 31, 2008, with comparative figures for the prior quarter.

| |                                     | Six months ended 
		 January 31, 2008 | % of Sales |  | Six months ended 
		 January 31, 2007 | % of Sales
| | ----------------------------------- | ------------------------------------- | ---------- |  | ------------------------------------- | ----------
| | Amortization                        | 73,889                                | 6.7        |  | 84,927                                | 8.2       
| | Research and development            | 285,224                               | 25.9       |  | 317,808                               | 30.7      
| | Selling, general and administrative | 1,358,571                             | 123.5      |  | 2,274,159                             | 219.4     
| | Total
		operating expenses          | 1,717,684                             | 156.2      |  | 2,676,894                             | 258.3     

Amortization expense decreased
to $73,889 from the six months ended January 31, 2007. The decrease was due to
reduced amortization on previously capitalized costs that have been fully
amortized as of January 31, 2008.

Research and development costs
decreased $32,584 (10.2%) from the six months ended January 31, 2007. The
Company remains focused on further development of its products and services;
enhancement of its existing products under a uniform product platform.

Selling,
general and administrative costs decreased 40.3% ($915,588) from the six months
ended January 31, 2007.  The main factor for this decrease was non-cash stock
compensation for the issuance and extension of stock options and warrants,
recorded in the three month period ending January 31, 2007 and a headcount
reduction, included in SG&A, of 6 people during fiscal 2007.

The
following table shows stock compensation included in SG&A for the three months
ended January 31, 2008:

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| |                                        | Three months ended
		 January 31, 2008 | % of Sales |  | Three months ended
		 January 31, 2007 | % of Sales
| | -------------------------------------- | -------------------------------------- | ---------- |  | -------------------------------------- | ----------
| | SG&A before stock-based
		compensation | 558,733                                | 108.7      |  | 721,234                                | 153.1     
| | Stock-based compensation               | 54,211                                 | 10.5       |  | 738,053                                | 156,7     
| | Selling, general and
		administrative  | 612,944                                | 119.3      |  | 1,459,287                              | 309.8     

Selling,
general and administrative costs decreased 58.0% ($846,343) from the three
months ended January 31, 2007.  The main factor for this decrease was non-cash
stock compensation for the issuance and extension of stock options and warrants,
recorded in the three month period ending January 31, 2007 and a headcount
reduction, included in SG&A, of 6 people during fiscal 2007.

The
following table shows stock compensation included in SG&A for the six months
ended January 31, 2008:

| |                                        | Six months ended
		 January 31, 2008 | % of Sales |  | Six months ended
		 January 31, 2007 | % of Sales
| | -------------------------------------- | ------------------------------------ | ---------- |  | ------------------------------------ | ----------
| | SG&A before stock-based
		compensation | 1,288,314                            | 117.1      |  | 1,425,366                            | 137.5     
| | Stock-based compensation               | 70,257                               | 6.4        |  | 848,793                              | 81.9      
| | Selling, general and
		administrative  | 1,358,571                            | 123.5      |  | 2,274,159                            | 219.4     

Selling,
general and administrative costs decreased 40.3% ($915,588) from the six months
ended January 31, 2007.  The main factor for this decrease was non-cash stock
compensation for the issuance and extension of stock options and warrants,
recorded in the six month period ending January 31, 2007 and a headcount
reduction, included in SG&A, of 6 people during fiscal 2007.

Working
capital deficiency at January 31, 2008 was $2,658,732 compared to $1,508,576 at
January 31, 2007.  See "Liquidity and Sources of Capital" for description of
further funding anticipated in fiscal 2008.

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.

26

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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 January 31,
2008, 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, 2007, 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 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
$2,658,732 at January 31, 2008.

During the
six-month period ended January 31, 2008, the Company's operations used $727,080
in net cash. Cash required by the Company during the three months ended January
31, 2008 was generated through short-term borrowings, loans, and capital raising
activities (which generated $742,100, net of issuance costs, through the private
sale of stock, stock subscriptions and the exercise of stock options and
warrants).

Management
anticipates that cash flow requirements for the twelve months ended January 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 January 31,
2008 are as follows:

27

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|General and administrative   | $300,000  
|---------------------------- | ----------
|Capital purchases            | $120,000  
|Product development          | $750,000  
|Debt and liability reduction | $2,830,000
|                             | $4,000,000



Recent Accounting
Pronouncements

In December 2007, the FASB
issued SFAS No. 160, "Noncontrolling Interests in Consolidated Financial
Statements Liabilities - an Amendment of ARB No. 51". This statement amends ARB
51 to establish accounting and reporting standards for the Noncontrolling
interest in a subsidiary and for the deconsolidation of a subsidiary. This
statement is effective for fiscal years, and interim periods within those fiscal
years, beginning on or after December 15, 2008. Earlier adoption is prohibited.
The adoption of this statement is not expected to have a material effect on the
Company's financial statements.

In December 2007, the Financial
Accounting Standards Board (FASB) issued SFAS No. 141R, "Business Combinations".
This statement replaces SFAS 141 and defines the acquirer in a business
combination as the entity that obtains control of one or more businesses in a
business combination and establishes the acquisition date as the date that the
acquirer achieves control. SFAS 141R requires an acquirer to recognize the
assets acquired, the liabilities assumed, and any noncontrolling interest in the
acquiree at the acquisition date, measured at their fair values as of that date.
SFAS 141R also requires the acquirer to recognize contingent consideration at
the acquisition date, measured at its fair value at that date. This statement is
effective for fiscal years, and interim periods within those fiscal years,
beginning on or after December 15, 2008. Earlier adoption is prohibited. The
adoption of this statement is not expected to have a material effect on the
Company's financial statements.

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, 2008, 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 sheet focused assessment. The guidance in SAB 108 must
be applied to annual financial statements for fiscal years ending after
November 15, 2007. 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

28

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effective for employers with
publicly traded equity securities as of the end of the fiscal year ending after
December 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 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, 2008. 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, 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 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, 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.



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.



29

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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 $632,023 for three months ended and a net loss of $1,206,190 for the six
months ended January 31, 2008, 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 January 31, 2008, Most Home incurred net losses of
$11,781,564.  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 0.9938 for the three months ended and 1.0067 for
the six months ended January 31, 2008 compared to 1.1550 for the three months
ended and 1.1380 for the six months ended January 31, 2007. This represents an
increase of approximately 14% and 12%, respectively, on an average period
exchange rate basis, in the Company's expenses and cash disbursements over the
three and six months ended January 31, 2008. The Company does not currently
engage in foreign currency hedging activities.

Most Home is dependant on
additional financing to expand its operations.  If adequate funds are not
available when required or on acceptable terms, Most Home may be required to
alter its business plans and delay or scale back its sales and marketing efforts
which, in turn, would result in a decline in Most Home's revenues.

30

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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 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, 2007 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.

Government regulation and
legal uncertainties could impair the growth of the Internet and decrease demand
for Most Home's services or increase its cost of doing business

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.

The limited public market
for Most Home's common stock may limit the ability of shareholders to sell their
shares.

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

31

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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.

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.

Rules of the Securities and
Exchange Commission concerning late report filings

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 January 1, 2005.

We have been late in filing our
quarterly and annual reports on two occasions subsequent to periods ending after
January 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.

The issuance of additional
shares of common stock could cause the price of Most Home's common stock to
decline

Most Home has options, warrants
and preferred stock outstanding as of March 14, 2008, the exercise or conversion
of which could result in the issuance 13,158,207 additional shares of common
stock representing 26.4% 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.

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

The total cash, stock and/or
debt issuance to purchase the Call Center may exceed $30,000,000.  Management is
awaiting fiscal 2008 financial results of the Call Center before it proceeds
further with acquisition negotiations; at which time the final purchase price
and terms will be determined.  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.  Regardless, there can be no
assurance that the Company can raise sufficient capital to complete this
acquisition.























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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 January 31, 2008:

None.

Item 3. Defaults upon Senior Securities

None.

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

None.

Item 5. Other Information

On January 8, 2008, the Company
borrowed US$30,042 (equivalent of CAD$30,000) 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.  The Company repaid
the loan on January 16, 2008.

During the three months ended
January 31, 2008, the Company paid an aggregate of US$nil as interest to Mr.
Shahnazarian.

Item 6. Exhibits

|Exhibit No. | Description of Exhibit                                                                               
|----------- | -----------------------------------------------------------------------------------------------------
|10.1        | Asset
		Purchase Agreement dated February 1, 2008, between NetUpdate, Inc. and
		the Company         
|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



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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: March
		14, 2008 | By:            
|                       |                
|                       |                
|                       |                
|Date: March
		14, 2008 | By:            
|                       |                





























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