UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                   FORM 10-KSB

        x Annual Report pursuant to Section 13 or 15(D) of the Securities
                              Exchange Act of 1934
                                 (Fee required)
                   For the fiscal year ended December 31, 2005
                                       Or
       Transition Report pursuant to Section 13 or 15(D) of the Securities
                              Exchange Act of 1934
                                (No Fee Required)
                        Commission File Number: 000-28581
                             Triad Industries, Inc.
             (Exact Name of Registrant as specified in its charter)

              Nevada                             88-0422528
     (State or other jurisdiction of       (IRS Employer Identification Number)
     incorporation or organization)

                               122 E. Grand Avenue
                               Escondido, CA 92025
              (Address and zip code of principal executive offices)

                                 (760) 741-1128
               (Registrants telephone number, including area code)

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

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports)  and  (2)  has  been  subject  to such  filing
requirements for the past 90 days.

x YES NO Indicate by check mark if disclosure of delinquent  filers  pursuant to
Item 405 of Regulation  S-K (229.405 of this  chapter) is not contained  herein,
and  will  not be  contained,  to the  best  of the  registrants  knowledge,  in
definitive proxy or information statements incorporated by reference in Part III
of this Form 10-K or any amendment to this Form 10-K.

                                    x YES NO
<PAGE>


As of March 10, 2004, the aggregate market value of the voting stock held by
non-affiliates of the registrant was $54,773 based upon a $.12 per share trading
price.

Indicate the number of shares outstanding of each of the registrants classes of
common stock, as of the latest practicable date.


Common Stock                                  627,970 Shares Outstanding
$0.001 par value                                as of December 31, 2005

Documents Incorporated by reference

Certain information required by Part III of this Form 10-KSB is included by
reference to the Company's definitive proxy statement filed in accordance with
rule 14a-101, Schedule 14A.

Traditional Small Business Disclosure Format (check one):    X      Yes     No

The issuers revenues for its most recent year were $28,161.






<PAGE>



                             TRIAD INDUSTRIES, INC.
                                TABLE OF CONTENTS


                                   PART I                               Page

Item 1.          Description of Business                                 2
Item 2.          Description of Property                                 5
Item 3.          Legal Proceedings                                       6
Item 4.          Submission of Matter to a Vote of Security Holders     6


                         PART II

Item 5.          Market for Common Equity and Related Stockholder Matters  6
Item 6.          Managements Discussion and Analysis or Plan of Operation  10
Item 7.          Financial Statements                                      15
Item 8.          Changes in and Disagreements with Accountants on
                     Accounting and Financial Disclosure                   35
Item 8a.        Controls and Procedures                                    35

                        PART III

Item 9.          Directors, Executive Officers, Promoters and Control persons;
                     Compliance with Section 16(a) of the Exchange Act     35
Item 10.         Executive Compensation                                    37
Item 11.        Security Ownership of Certain Beneficial Owners and
                     Management                                            38
Item 12.        Certain Relationships and Related Transactions             39
Item 13.        Exhibits and Reports on Form 8-K                           40
Item 14.        Accountants                                                40


SIGNATURES                                                                 S-1







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ITEM     1.       Description of Business

     All share issuances, including share issuance and share issue prices have
been retroactively restated to reflect a reverse stock split of one for twenty.

     Triad Industries, Inc. (the Company) was incorporated under the laws of the
State of Utah on November 25, 1985. The Company was originally known as
Investment Marketing, Inc. Investment Marketing, Inc. was originally
incorporated for the purpose of buying, selling, and dealing in real property.
At a Special Meeting of the Shareholders held June 6, 1990 the company name was
changed to Combined Communication, Corp. On June 7, 1990 the company completed
the merger and became a Nevada corporation.

     Combined Communication, Corp. was in the business of merchandising video
tapes through automated dispensing machines. The company exited the video
merchandising business by selling the merchandising assets to ARS International
in August of 1994. Combined Communications then managed ARS International in
their merchandising operations until October 1997.

     On October 17, 1997, at a Special Meeting of the Shareholders, the company
met to amend the Articles of Incorporation to change the name of the company to
RB Capital & Equities, Inc.

     On March 15, 1999 at a Special Meeting of the Shareholders HRM (1) reversed
its common stock on a one for ten (1:10) basis from 262,836 to 26,337 shares
outstanding. Also at the Special Meeting of Shareholders, HRM ratified a plan of
reorganization whereby Healthcare Resource Management would acquire 100% of the
outstanding shares of common stock of RB Capital and its subsidiaries (Gam
Properties and Miramar Road Associates) for 253,408 shares of HRM post split
common stock and 35,000 shares of $20.00 preferred stock. (Gam Properties and
Miramar Road became subsidiaries of RB Capital on February 26, 1999. RB Capital
& Equities had a note payable to American Health Systems, Inc., for $1.4 million
for these subsidiaries. This note was retired by issuance of 35,000 $20.00
preferred shares and 18,667 shares of pre split common stock to American Health
Systems, Inc. for the above mentioned note.) RB Capital and Equities was a
non-trading publicly owned company. The Company has approximately 400
shareholders. The only significant shareholder was American Health Systems, Inc.
who owned 18,667 (23.5%) of common shares before the merger and 56,000 (17.5%)
of common shares after the merger. The 35,000 shares of preferred stock that
were issued to American Health Systems, Inc. was for a note payable for the 99%
interest RB Capital had acquired in Miramar Road Associates on February 28,
1999. The acquisition was accounted for as a re-capitalization of RB Capital
because the shareholders of RB Capital controlled HRM after the acquisition.
Therefore, RB Capital is treated as the acquiring entity for accounting purposes
and HRM is the surviving entity for legal purposes.


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<PAGE>

     On March 15,1999 the shareholders also approved an amendment to the
Articles of Incorporation changing the corporate name to Triad Industries, Inc.

     In September of 1999 Triad Industries acquired the un-owned 1% interest in
Miramar Road Associates, for cash. On June 30, 2000 the Company issued 73,165
shares of common stock at $19.20 per share to purchase certain assets, subject
to certain liabilities of three entities. The Company issued 44,760 shares of
common stock to Northwest Medical Clinic, Inc (an S Corp). The Company issued
17,330 shares of common stock to Amerimed of Georgia and 11,075 shares of common
stock to Florimed of Florida. The certain assets, subject to certain liabilities
were all acquired in separate transactions. The certain assets, subject to
certain liabilities were simultaneously placed in a newly capitalized
Corporation named Northwest Medical Clinic, Inc. Although the prior operating
name was used, it should be noted that the purpose of this acquisition was to
use the Company's public status to raise funds through the sale of common stock
to be able to inject capital into the medical clinic to change its direction.
The personal injury sector that the clinic had historically performed was no
longer profitable due to several factors. The main factors were the length of
time to collect on an outstanding balance from the insurance providers, and the
litigious nature of insurance claims. The operators of the clinic had determined
that they must change the services they provided in order to remain in business.
However, the clinic did not have the access to sufficient capital to change
direction. The Company determined that they would acquire certain assets,
subject to certain liabilities from three entities to capitalize a medical
division balance sheet (operating under the name Northwest Medical Clinic Inc),
then, immediately inject sufficient capital to change the clinic direction in
order for it to be viable.

     On June 6, 2001 Triad acquired 100% of the outstanding common stock of
Corporate Capital Formation, Inc. a Nevada corporation, in exchange for 45,000
shares of common stock. The transaction was valued $96,000.

     On January 1, 2002 Northwest Medical Clinic, Inc. was sold back to its
original shareholders in exchange for the common stock that was issued to
purchase the assets and liabilities. Due to the Company's common stock
decreasing from $19.20 per share at the time of the acquisition, to $.40 at the
time of the sale back, the Company recognized a $1,542,394 loss on the sale of
this discontinued operation.

     As of December 31, 2005 the Company had 627,970 shares of $.001 par value
common stock outstanding.

     The Company is not required to deliver an annual report to security
holders. The Company will send an annual report with audited financial
statements to a security holder if requested.

     The Company is required to file 10KSBs, 10QSBs, 8KSBs, and various other
reports. The public may read and copy any materials the Company files with the
SEC at the SEC's Public Reference Room at 450 Fifth Street, N.W., Washington,
D.C. 20549. The


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<PAGE>

 public may also obtain information on the Public Reference Room
by calling the SEC at 1-800-SEC-0330. The SEC maintains a website where these
reports may be found. The address of the website is as follows
http://www.sec.gov.

Subsidiaries

         Triad owns three subsidiaries on a wholly owned basis:

1- RB Capital and Equities, Inc., a Nevada corporation, is a financial service
corporation  that operates a merger and  acquisition consulting  business.  The
company does corporate filings and capital reorganization business for small
emerging private and public client corporations. 100% owned.

2- Healthcare Resource Management, Inc., a Nevada corporation. Presently
inactive.

3- Corporate Capital Formation, Inc., a Nevada Corporation, is a financial
services corporation that operates a merger and acquisition consulting
business. The company does corporate filings, capital reorganizations and
resident agent services for small and emerging private or public companies.
100% owned.

     Triad Industries Inc., is a holding company.

The Company is not dependent on one or a few major clients.

The Company does not hold any patents or trademarks.

The Company does not need governmental approval for any of its products or
services. Furthermore, management is unaware of any existing or probable
governmental regulations that would affect the Company.

Services and Operations

     Triad Industries, Inc. Parent Company.   (a holding company)


     RB Capital & Equities, Inc.        100% owned

         The Company is in the merger and acquisition consulting business. In
the financial services area the firm prepares S-1, SB2, S-4, and S-18,
Registration Statements, 15c2-11 filings, Regulation D 504, 505, and 506 Private
Placement memorandums with regulatory filings, and other SEC reports such as
Form 10 and Form 10SB, 8K and related filings. In addition the Company prepares
Plan of Reorganizations for Internal Revenue Code, Rule 368 (a)(1)(a),
369(a)(1)(b) and 369c (a)(1)(c) for business combinations. The firm also
prepares and files Articles of Incorporation, By Laws, Officer and Director
filings, State reports, business plans, and does general accounting for client
firms. The Company arranges for independent auditing and legal


                                       4
<PAGE>

services to be
performed for clients. The Company does not share fees with other professionals.
The Company functions in the Public Relations areas including, but not limited
to shareholder letters, corporate profiles, press releases based on client
information.

      Corporate Capital Formation, Inc. 100% owned

           The Company is in the merger and acquisition consulting business.
In the financial services area the firm prepares S-1, SB2, S-4, and S-18,
Registration Statements, 15c2-11 filings, Regulation D 504, 505, and 506
Private Placement memorandums with regulatory filings, and other SEC reports
such as Form 10 and Form 10SB, 8K and related filings. In addition the Company
prepares Plan of Reorganization for Internal Revenue Code, Rule 368 (a)(1)(a),
369(a)(1)(b) and 369c (a)(1)(c) for business combinations. The firm also
prepares and files Articles of Incorporation, By Laws, Officer and Director
filings, State reports, business plans, and does general accounting for client
firms. The Company arranges for independent auditing and legal services to be
performed for clients. The Company functions in the Public Relations areas
including, but not limited to shareholder letters, corporate profiles, press
releases based on client information. The company also performs resident agent
services for outside clients

         Healthcare Resource Management, Inc. 100% owned

           Healthcare Resource Management, Inc., Inc. is a Nevada corporation
that resulted from the business combination of Healthcare Resources and RB
Capital and Equities, Inc. Healthcare Resource Management, Inc. is designed to
be a medical management company, however; it is presently inactive.

Employees

           Including its officers and directors the consolidated operations
employ 3 full time employees and one part time employee. There are three full
time employees in the financial services sector (RB Capital & Equities, Inc. and
Corporate Capital Formation, Inc.). The companies also use independent
consultants for a variety of tasks.

Competition

RB Capital & Equities, Inc., and Corporate Capital Formation, Inc. have
large-scale competition in the financial services industry. Some of the same
functions of the Company are provided by accounting firms, legal firms,
brokerage firms, and individual consultants. However, the management of the
Company feels that they have a competitive advantage over these companies, which
is due to the fact that the Company offers all the services their competition
does (except legal and auditing) under one roof. Most of the competition is
fragmented and only provides one aspect of these services.

Item 2.  Description of Property

                                       5
<PAGE>

           Triad  Industries,  Inc.,  and  RB  Capital  &  Equities,  Inc.,
occupy approximately 600  square  feet of  general office  space at 122 E.
Grand Ave, Escondido, CA 92025. The Company uses space provided by its
President and does not pay rent.

     Corporate Capital Formation, Inc. occupies a 320 square foot office located
at 6565 Spencer Street, Las Vegas,  NV 89119,  which is  rented from Devton
International Inc. on a month to month lease at the rate of $375.

Item 3.  Legal Proceedings

         The Company was named in a legal proceeding that was filed on October
5, 2004, in the Superior Court of California, County of San Diego, Central
Division, case number 836664. The principal parties to this action are the
plaintiffs, Kevin Smith and Canyon Capital Marketing, an entity controlled by
Smith, and the defendants, Triad Industries, Inc., Golden Age Homes, Inc.,
Robert M. Bryson and Signature Stock Transfer, Inc.

         The alleged facts underlying the proceeding as they relate to Triad
Industries, Inc. are as follows. The plaintiffs allege that Triad Industries,
Inc. interfered with a contract between the plaintiffs and Louis Montulli for
the sale of Golden Age Homes, Inc. stock by buying the stock for itself. Triad
contends that it did not interfere with the contract and it has never purchased
any preferred Golden Age Homes such stock for itself. Triad further contends
that the certificates were never tendered to it as alleged due to the
certificate being cancelled fifteen months prior to the date it was allegedly
tendered to the Company.

         The plaintiffs have claimed general damages from the interference with
contract claim of $1,000,000, and an unspecified amount of punitive damages.

         The Company believes the alleged claims are baseless. Management
believes the Company will be successful in defending itself. Therefore, no
accrual or charge has been made in the Company's financial statements to reflect
these proceedings. The Company did pay $11,000 to Kevin Smith to settle part of
the original complaint pertaining to the re-issuance of stock without it's
restrictive legend.

         The above mentioned case was dismissed in late June of 2005.


Item 4.  Submission of Matters to Vote of Security Holders

         There were no matters voted on this year by the shareholders.

                                     Part II

Item 5.  Market for Registrants Common Equity and Related Matters

                                       6
<PAGE>

     All share issuances, including share issuance and share issue prices have
been retroactively restated to reflect a reverse stock split of one for twenty.

     The Companies common stock is traded in the NASD Electronic Pink Sheets
under the symbol TDII. The company stock has, during the fiscal year ending
December 31, 2005, traded between $.11 and $.25 per share. The number of shares
of record of common stock, $.001 par value, of the Company was 627,970 as of
December 31, 2005. It should be noted that the Company declared a one for twenty
reverse stock split, which was effective on February 28, 2003.

The high and low bid price quotations for the common stock, as reported NASDAQ
are as follows for the periods indicated:

                                             Low              High

Qtr Ended 3-31-04                             $.08               $.12
Qtr Ended 6-30-04                             $.08               $.30
Qtr Ended 9-30-04                             $.10               $.50
Qtr Ended 12-31-04                            $.10               $.25
Qtr Ended 3-31-05                             $.12               $.20
Qtr Ended 6-30-05                             $.11               $.30
Qtr Ended 9-30-05                             $.15               $.25
Qtr Ended 12-31-05                            $.15               $.25

     As of December 31, 2005, the Company has issued and outstanding 627,970
shares of common stock outstanding to 420 shareholders of record, which figure
does not take into account those shareholders whose certificates that are held
in the name of broker-dealers.

     The ability of an individual shareholder to trade their shares in a
particular state may be subject to various rules and regulations of that state.
A number of states require that an issuers securities be registered in their
state or approximately exempted from registration before the securities are
permitted to trade in that state, Presently, the Company has no plans to
register its securities in any particular state. Further, most likely the Common
Stock will be subject to the provisions of Section 15(g) and Rule 15g-9 of the
Securities Exchange Act of 1934, as amended (the Exchange Act), commonly
referred to as the penny stock rule. Section 15(g) sets forth certain
requirements for transactions in penny stock and Rule 15g-9 (d)(1) incorporates
the definition of penny stock as that term is used in Rule 3a51-1 of the
Exchange Act.

     The Securities and Exchange Commission (the Commission) generally defined
penny stock to be any equity security that has a market price less than $5.00
per share, subject to certain exceptions. Rule 3a51-1 provides that an equity
security is considered to be a penny stock unless that security is: registered
and traded on a national securities exchange meeting specified criteria set by
the Commission; authorization for quotation


                                       7
<PAGE>

on The NASDAQ Stock Market; issued
by a registered investment Company; excluded from the definition on the basis of
price (at least $5.00 per share) or the issuers net tangible assets; or exempted
from the definition by the Commission. If the Companys shares are deemed to be
penny stock, trading in the shares will be subject to additional sales practice
requirements on broker-dealers who sell penny stocks to persons other than
established customers and accredited investors, generally persons with assets in
excess of $1,000,000 or annual income exceeding $200,000, or $300,000 together
with their spouse.

     For transactions covered by these rules, broker-dealers must make special
suitability determination for the purchase of such securities and must have
received the purchasers written consent to the transaction prior to the
purchase. Additionally, for any transaction involving penny stock, unless
exempt, the rules require the delivery, prior to the first transaction, of a
risk disclosure document relating to the penny stock market. A broker dealer
must also disclose the commissions payable to both the broker dealer and the
registered representative, and current quotations for the securities. Finally,
monthly statements must be sent disclosing the recent price information for the
penny stock held in the account and information on the limited market in penny
stock and/or maintain a market in the Company's Common Stock and may affect the
ability of shareholders to sell their shares.

        Recent Sales of Unregistered Securities

In accordance with Item 701 of Regulation SB the Company considers recent sales
of securities to be transactions which have occurred in the last three years.

          On January 24, 2003 the company issued 27,500 shares of common stock
at $.20 per share to retire accrued services rendered of $5,500 that were
officers and directors fees for the year ended December 31, 2002.

    On January 26, 2004, the Company issued 45,835 shares of common stock to its
officers and directors for services that were accrued on the Company's financial
statements as of December 31, 2002. Each of the three directors received 4,167
shares of common stock at $.12 per share or directors fees of $500. Each of the
two officers received 16,667 common shares at $.12 per share or officers fees of
$2000. Total consideration was $5,500.

     On March 15, 2005, the Company issued 34,375 shares of common stock to its
officers and directors for services that were accrued on the Company's financial
statements as of December 31, 2004. Each of the three directors received 3,125
shares of common stock at $.16 per share or directors fees of $500. Each of the
two officers received 12,500 common shares at $.12 per share or officers fees of
$2,000. Total consideration was $5,500.

                                       8
<PAGE>


Furthermore, in conjunction with the legal matters above (See Legal
Proceedings), the Company re-acquired the holdings of Mr. Smith and Canyon
Capital Marketing, Inc. A total of 4,500 shares of common stock were acquired
for $11,000 and the Company has classified this transaction under treasury
stock.

     On September 22, 2005, a holder our preferred securities converted their
shares to common. This reduced the number of outstanding preferred shares from
7,500 to zero and increased our outstanding common shares by 15,000.

     All of the above issued shares were issued in accordance with section 4(2)
of the 1933 Securities Act and bear a restrictive legend.

     As of December 31, 2005 the Company has a total of 627,970 shares of common
stock outstanding.

     It should be noted that the Company declared a one for twenty reverse stock
split, which was effective on February 28, 2003. The above transactions have
been retroactively restated to bear the effects of the reverse.

Description of Securities

     All shares of Common Stock have equal rights and privileges with respect
voting liquidation and dividend rights. All shares of Common Stock entitle the
holder thereof to (i) one non-cumulative vote for each share held of record on
all matters submitted to a vote of the stockholders; (ii) to participate equally
and to receive any and all such dividends as may be declared by the Board of
Directors out of funds legally available therefore; and (iii) to participate pro
rata in any distribution of assets available for distribution upon liquidation
of the Company. Stockholders of the Company have no preemptive rights to acquire
additional shares of Common Stock or any other securities. The Common Stock is
not subject to redemption and carries no subscription or conversion rights. All
outstanding shares of Common Stock are fully paid and non-assessable. There are
no provisions in Triad Industries, Inc., charter or bylaws that would prevent,
delay or defer a change in control.

     As of December 31, 2005, there are no warrants outstanding.

     No common stock has been proposed to be offered publicly by the Company.

     The preferred stock is (1) non- voting stock, (2) convertible at the second
anniversary from issuance on a two for one (2:1) basis to common stock, (3) has
a preference over common stock to be paid $1.00 per share as a preferential
liquidation.

As of December 31, 2005, there was no Preferred Stock outstanding.

Dividend Policy

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<PAGE>

     The Company has not declared or paid dividends or made distributions in the
past, and the Company does not anticipate that it will pay cash dividends or
make distributions in the foreseeable future.


Item 6.  Managements Discussion and Analysis or Plan of Operation

     The following discussion pertains to the Company's results of operations as
of the years ended December 31, 2005 and 2004. The Company consolidates the
operations of RB Capital and Equities, Inc., Corporate Capital Formation, Inc.

     RB Capital & Equities Inc., and Corporate Capital Formations, Inc. had
substantially decreased revenues when compared to the prior year. Management
attributes this to further weak capital markets for small and emerging companies
and investors looking for more secure investments than micro cap equities. This
affects RB Capital & Equities, Inc and Corporate Capital Formations, Inc.
greatly, due to the fact that the Company derives its revenues from performing
consulting work for companies that wish to soon trade publicly and derive their
operating capital from public investment.

    Management is confident that current cash on hand will satisfy the Company's
cash requirements for the next twelve months.

    The Company does not expect to purchase any significant equipment during the
next twelve months.

    Management does not intend to hire additional employees; the only hiring
would be to replace a vacated position .In such cases, compensation to
management and employees will be consistent with prevailing wages for services
rendered.

Results of Operations

     Revenues totaled $28,161 as of December 31, 2005, compared to $92,713 as of
December 31, 2004; this is a decrease of approximately 70%. The decrease can be
mostly explained by the decrease in financial services revenue which is
explained above.

     The major factor contributing to the drop in revenues for the financial
services sector is weak capital markets for small and emerging companies and
investors looking for more secure investments than micro cap equities. This
affects RB Capital & Equities, Inc and Corporate Capital Formations, Inc.
greatly, due to the fact that the Company derives its revenues from performing
consulting work for companies that wish to soon trade publicly and derive their
operating capital from public investment.

     The Company had a net loss for the year ended December 31, 2005, of
$242,855, compared to a net loss of $184,490, for the same period of 2004. The
increase in the net loss can be largely explained due to the large decrease in
revenues to offset expenses. Also, contributing to the loss was approximately
$60,000, the Company spent to defend

                                       10
<PAGE>

 itself from the lawsuit by Mr. Smith (See
Legal Proceedings), which was ultimately dismissed in late June of 2005.A
$38,850 increase in bad debt expense further contributed to the $80,129 increase
in the net loss as of December 31, 2005.There was a $1,353 decrease in
depreciation and amortization. General and administrative costs were flat when
comparing 2004 to 2003. The Company recognized a gain of $4,872 in 2005 compared
to a gain of $11,211 from the sale of securities. Interest income decreased
approximately $2,500, when comparing 2005 to 2004.

                                              Income Statement Summary
                                                            December 31
                                                       2005              2004

Revenues                                             $  28,161        $  92,713

Total Operating Costs                                  280,484          292,022

Income (Loss) from Operations                         (252,323)        (199,309)

Other Income/ (Expense)                                  9,468           14,819

Net Income / (Loss) From
Continuing Operations Before Taxes                    (242,855)        (184,490)


Recent Accounting Pronouncements

     In November 2004, the Financial Accounting Standards Board (FASB) issued
SFAS 151, Inventory Costs - an amendment of ARB No. 43, Chapter 4. This
Statement amends the guidance in ARB No. 43, Chapter 4, "Inventory Pricing," to
clarify the accounting for abnormal amounts of idle facility expense, freight,
handling costs, and wasted material (spoilage). Paragraph 5 of ARB 43, Chapter
4, previously stated that "... under some circumstances, items such as idle
facility expense, excessive spoilage, double freight, and rehandling costs may
be so abnormal as to require treatment as current period charges..." This
Statement requires that those items be recognized as current-period charges
regardless of whether they meet the criterion of "so abnormal." In addition,
this Statement requires that allocation of fixed production overheads to the
costs of conversion be based on the normal capacity of the production
facilities. This Statement is effective for inventory costs incurred during
fiscal years beginning after June 15, 2005. The adoption of this statement will
not impact the Company's financial position, results of operations, or cash
flows.

In December 2004, the FASB issued SFAS No. 152, "Accounting for Real Estate
Time-Sharing Transactions--an amendment of FASB Statements No. 66 and 67" ("SFAS
152) The amendments made by Statement 152 This Statement amends FASB Statement
No. 66, Accounting for Sales of Real Estate, to reference the financial
accounting and


                                       11
<PAGE>

reporting guidance for real estate time-sharing transactions that
is provided in AICPA Statement of Position (SOP) 04-2, Accounting No. 67,
Accounting for Costs and Initial Rental Operations of Real Estate Projects, to
state that the guidance for (a) incidental operations and (b) costs incurred to
sell real estate projects does not apply to real estate time-sharing
transactions. The accounting for those operations and costs is subject to the
guidance in SOP 04-2. This Statement is effective for financial statements for
fiscal years beginning after June 15, 2005, with earlier application encouraged.
The adoption of this statement will not impact the Company's financial position,
results of operations, or cash flows.

On December 16, 2004, the Financial Accounting Standards Board ("FASB")
published Statement of Financial Accounting Standards No. 123 (Revised 2004),
Shared-Based Payment ("SFAS 123R). SFAS 123R requires that compensation cost
related to share-based payment transactions be recognized in the financial
statements. Share-based payment transactions within the scope of SFAS 123R
include stock options, restricted stock plans, performance-based awards, stock
appreciation rights, and employee share purchase plans. The provisions of SFAS
123R are effective as of the first interim period that begins after June 15,
2005. Accordingly, the Company will implement the revised standard in the third
quarter of fiscal year 2005. Currently, the Company accounts for its share-based
payment transactions under the provisions of APB 25, which does not necessarily
require the recognition of compensation cost in the financial statements. The
adoption of this statement did not impact the Company's financial position,
results of operations, or cash flows.

On December 16, 2004, FASB issued Statement of Financial Accounting Standards
No. 153, Exchanges of Nonmonetary Assets, an amendment of APB Opinion No. 29,
Accounting for Nonmonetary transactions ("SFAS 153"). This statement amends APB
Opinion 29 to eliminate the exception for nonmonetary exchanges of similar
productive assets and replaces it with a general exception of exchanges of
nonmonetary assets that do not have commercial substance. Under SFAS 153, if a
nonmonetary exchange of similar productive assets meets a commercial-substance
criterion and fair value is determinable, the transaction must be accounted for
at fair value resulting in recognition of any gain or loss. SFAS 153 is
effective for nonmonetary transactions in fiscal periods that begin after June
15, 2005. The adoption of this statement did not impact the Company's financial
position, results of operations, or cash flows.

Inflation

     In the opinion of management, inflation will not have a material effect on
the perations of Triad Industries Inc.


Liquidity and Capital Resources

     The Company has approximately an 4:1 current ratio. As of December 31, 2005
the Company has $206,360 in current assets compared to $504,856 for the same
period of


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<PAGE>


2004. For the year ended December 31, 2005 cash decreased $85,752 and
trading securities decreased $121,768, primarily to support operations. Accounts
receivable decreased $40,066, primarily to due bad debt, prepaid expenses
decreased $8,987, due to the benefit being used and loans receivable decreased
$19,052.

    Current liabilities decreased from $97,742 for the year ended December 31,
2004 to $51,875 for the year ended December 31, 2005. The Company's line of
credit decreased $1,993, when comparing 2004 to 2005. Other significant
decreases in liabilities included a $12,296 decrease in accounts payable, due to
an accrual for legal fees in conjunction with the Company's lawsuit being in the
2004 balance and not 2005. Also, loans payable decreased $31,578, due to the
Company paying down the loans.


                              Balance Sheet Summary
                                   December 31

                                                        2005              2004

Total Current Assets                                    206,360          504,856
Property (net)                                           26,906           31,124

Total Assets                                            353,631          656,345

Current Liabilities                                      51,875           97,742

Long Term Liabilities                                         -                -

Total Liabilities                                        51,875           97,742

Total Stockholders Equity                               301,756          558,603

Total Liabilities and
Stockholders Equity                                     353,631          656,345

          Triad Industries, Inc., has $ 206,360 in current assets including $
110,692 in cash. The Company believes the $19,231 it holds in available for sale
and trading securities to be very liquid. The marketable securities can be
converted to cash in under three days. The Company holds $21,500 in accounts
receivable. This is also liquid, however; this liquidity depends on the party
the amount is due from. Allowances for bad debt have been made where
appropriate. The Company holds $ 54,937 in notes receivable.

     Due to the fact Triad Industries is a consolidated parent holding company
riad Industries, Inc. will use free cash flow if available from RB Capital &
Equities, Inc. and Corporate Capital Formation, Inc. to satisfy Triads
short- term cash requirements.

                                       13
<PAGE>

     In the event, outside funding is necessary; the Company will investigate
the possibility of interim financing, either debt or equity, to provide capital
..Although, management has not made any arrangements or definitive agreements,
the Company would consider private funding or the private placements of its
securities and/or public offering.

Net Operating Losses

     The Company has accumulated $(3,559,775) of net operating losses and other
comprehensive losses of $(705,863) as of December 31, 2005, which may used to
reduce taxes in future years through 2025. The use of these losses to reduce
future income taxes will depend on the generation of sufficient taxable income
prior to the expiration of the net operating loss carry-forwards. It should be
noted that the company has expensed a deferred tax benefit on the books in the
amount of $935,343 as of December 31, 2003. Therefore, no tax benefit is any
longer presented on the Company's books.

     In the event of certain changes in control of the Company, there will be an
annual limitation on the amount of the net operating loss carry-forwards which
can be used. The potential tax benefit of the net operating loss carry-forwards
have been offset by a valuation allowance of the same amount.

Risk Factors and Cautionary Statements

     Forward-looking statements in this report are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of 1995. The
Company wished to advise readers that actual result may differ substantially
from such forward-looking statements, forward-looking statements involve risks
and uncertainties that could cause actual results to differ materially from
those expressed in or implied by the statements, including, but not limited to,
the following: the ability of the Company to successfully market its services if
and other risks detailed in the Company's periodic report filings with the
Securities and Exchange Commission.

Off Balance Sheet Disclosures

The Company is not party to any off balance sheet arrangements.

                                       14
<PAGE>


Item 7.  Financial Statements and Supplementary Data

                                ARMANDO C. IBARRA
                          Certified Public Accountants
                           A Professional Corporation


Armando C. Ibarra, C.P.A.
Armando Ibarra, Jr., C.P.A., JD


To the Board of Directors
Triad Industries, Inc.
(Formerly RB Capital & Equities, Inc.)


            REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We have audited the accompanying consolidated balance sheets of Triad
Industries, Inc. (Formerly RB Capital & Equities, Inc.) as of December 31, 2005
and 2004 and the related consolidated statements of operations, changes in
stockholders' equity and cash flows for the years then ended. These financial
statements are the responsibility of the Company's management. Our
responsibility is to express an opinion on these financial statements based on
our audit.

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

In our opinion, the financial statements referred to above present fairly, in
all material respects, the financial position of the Company as of December 31,
2005 and 2004, and the results of its operations and its cash flows for the
years then ended in conformity with U.S. generally accepted accounting
principles.

The accompanying financial statements have been prepared assuming that the
Company will continue as a going concern. As discussed in Note 2e, the Company
in the past has shown significant operating losses that raise substantial doubt
about its ability to continue as a going concern. The accompanying financial
statements do not include any adjustments that might result from the outcome of
this uncertainty.


/s/_Armando C. Ibarra_______________
------------------------------------
ARMANDO C. IBARRA, C.P.A. - APC

March 27, 2006
Chula Vista, California


                                       15
<PAGE>

                      TRIAD INDUSTRIES, INC.
              (Formerly RB Capital & Equities, Inc.)
                    Consolidated Balance Sheets
                              ASSETS
                                                        As of           As of
                                                     December 31,   December 31,
                                                        2005             2004
CURRENT ASSETS
Cash                                                   $110,692         $196,444
Accounts receivable - net                                21,500           61,566
Available for sale securities                            19,231           42,102
Trading securities                                            -          121,768
Prepaid expenses                                              -            8,987
Loan receivable                                          54,937           73,989
Total Current Assets                                    206,360          504,856
NET PROPERTY & EQUIPMENT                                 26,906           31,124
OTHER ASSETS
Investment in other companies                           120,365          120,365
Total Other Assets                                      120,365          120,365
TOTAL ASSETS                                           $353,631         $656,345



                                       16
<PAGE>




                        TRIAD INDUSTRIES, INC.
                (Formerly RB Capital & Equities, Inc.)
                      Consolidated Balance Sheets
                 LIABILITIES AND STOCKHOLDERS' EQUITY
                                                       As of          As of
                                                     December 31,  December 31,
                                                       2005            2004
CURRENT LIABILITIES
Accounts payable                                   $    19,136      $    31,432
Loans payable                                           32,139           63,717
Line of credit                                               -            1,993
Client deposits                                            600              600
Total Current Liabilities                               51,875           97,742
TOTAL LIABILITIES                                       51,875           97,742
STOCKHOLDERS' EQUITY
Preferred stock ($1.00 par value,
10,000,000 shares
authorized -0- and 7,500 shares
ssued and outstanding for
December 31, 2005 and
2004, respectively)                                          -            7,500
Common stock ($0.001 par value,
50,000,000 shares authorized
638,970 and 578,135 shares
issued and outstanding
as of December 31, 2005
and 2004, respectively)                                    628              578
Additional paid-in capital                           4,639,491        4,626,552
Treasury stock                                         (10,989)               -
Stock subscription receivable                          (62,500)         (62,500)
Accumulated other comprehensive loss                  (705,863)        (697,371)
Retained earnings (deficit)                         (3,559,011)      (3,316,156)
Total Stockholders' Equity                             301,756          558,603
TOTAL LIABILITIES
& STOCKHOLDERS' EQUITY                             $   353,631      $   656,345

                                       17
<PAGE>




                       TRIAD INDUSTRIES, INC.
               (Formerly RB Capital & Equities, Inc.)
                Consolidated Statements of Operations
                                                     Year Ended      Year Ended
                                                    December 31,    December 31,
                                                        2005            2004
REVENUES
Consulting income                                    $  28,161        $  92,713
Total Revenues                                          28,161           92,713
Costs of revenues                                       (6,492)         (51,128)
GROSS PROFIT                                            21,669           41,585
OPERATING COSTS
Bad debt expense                                        38,850                -
Depreciation expense                                     2,651            4,004
Administrative expense                                 232,491          236,890
Total Operating Costs                                  273,992          240,894
OPERATING INCOME (LOSS)                               (252,323)        (199,309)
OTHER INCOME & (EXPENSES)
Interest income                                          3,907            6,468
Other income                                               689                -
Net realized gain (loss)
on sale securities                                       4,872           11,211
Loss in investment                                           -           (2,272)
Interest expense                                             -             (588)
Total Other Income & (Expenses)                          9,468           14,819
NET INCOME (LOSS)                                    $(242,855)       $(184,490)
BASIC EARNINGS (LOSS) PER SHARE                      $   (0.39)       $   (0.32)
WEIGHTED AVERAGE NUMBER OF
COMMON SHARES OUTSTANDING                              624,981          576,831



                                       18
<PAGE>




                        TRIAD INDUSTRIES, INC.
                (Formerly RB Capital & Equities, Inc.)
        Consolidated Statements of Comprehensive Income (Loss)
                                                        Year Ended   Year Ended
                                                       December 31, December 31,
                                                          2005          2004
Net Income (Loss) - Net of Tax                          $(242,855)   $(184,490)
Other Comprehensive Income (Loss) :
Unrealized gain (loss) on securities                       (8,492)     (44,286)
Total Other Comprehensive Income (Loss)                    (8,492)     (44,286)
Other Comprehensive Income (Loss) Before Income Taxes      (8,492)     (44,286)
Income Tax (Provision) Benefit
related to Items of Comprehensive Income (Loss)                 -            -
Total Other Comprehensive Income (Loss)            $    (8,492) $     (697,371)



                                       19
<PAGE>



                             TRIAD INDUSTRIES, INC.
                     (Formerly RB Capital & Equities, Inc.)
                 Consolidated Statements of Stockholders' Equity
                From December 31, 2000 through December 31, 2005

                                  Preferred         Common           Treasury
                               Shares    Stock    Shares     Stock     Stock

 Balance, December  31, 2000    42,500   42,500  433,972       433

 Stock issued on January 15, 2001
 for consulting fees @ $3.40 a share               2,500         3

 Stock issued on January 18, 2001 for
 management fees @ $4.19 a share                   7,238         7

 Stock issued on February 21, 2001
 for consulting fees @ $2.98 a share               1,255         1

 Stock issued on March 1, 2001  to
 management fees @ $3.40 a share                  35,000        35

 Stock issued on June 6, 2001
 for the purchase of Corporate Capital
 Formation, Inc. @ $2.13 per share                45,000        45

 Stock issued on June 22, 2001
 to Directors @ $0.60 a share                     18,000        18

 October 1, 2001 cancellation of
 stock subscription                              (35,000)      (35)

 Other comprehensive loss December 31, 2001

 Net income for the year ended
 December 31, 2001

 Balance,  December 31, 2001    42,500   42,500  507,965       507        -

 January 1, 2002 sale of Northwest
 Medical Clinic, Inc. @ $0.40 a share            (73,165)      (73)

 On October 15, 2002 preferred stock
 converted to common stock at 2(35,000)a(35,000)  70,000        70

 Other comprehensive loss December 31, 2002

 Net loss for the year ended
 December 31, 2002                                                           )

 Balance,  December 31, 2002     7,500    7,500  504,800       504        -

 Stock issued on January 24, 2003 for
 accrued services rendered @ $0.20 a share        27,500        28

 Other comprehensive loss December 31, 2003

 Net loss for the year ended
 December 31, 2003

 Balance,  December 31, 2003     7,500    7,500  532,300       532        -

 Stock issued on January 26, 2004 for
 accrued services rendered @ $0.12 a share        45,835        46

 Other comprehensive loss December 31, 2004

 Net loss for the year ended
 December 31, 2004

  Balance,  December 31, 2004    7,500    7,500  578,135       578        -

 Stock issued on January 26, 2005 for
 accrued services rendered @ $0.12 a share        45,835        46

Treasury stock                                                 (11)    (10,989)

Convert Preferred stock
to common                       (7,500)  (7,500)  15,000        15

 Other comprehensive loss December 31, 2005

 Net loss for the year ended
 December 31, 2005

 Balance,  December 31, 2005         -      $ -  638,970     $ 628  $ (10,989)





                                              Additional
                                               Paid in     Stock     Retained
                                              Capital   Subscription  Earnings
                                                          Receivable  (Deficit)



Balance, December 31, 2000                     4,460,599   (62,500) (1,045,230)

Stock issued on January 15, 2001
for consulting fees @ $3.40 a share                8,497

Stock issued on January 18, 2001 for
management fees @ $4.19 a share                   30,317

Stock issued on February 21, 2001
for consulting fees @ $2.98 a share                3,739

Stock issued on March 1, 2001 to
management fees @ $3.40 a share                  118,965   (119,000)

Stock issued on June 6, 2001
for the purchase of Corporate Capital
Formation, Inc. @ $2.13 per share                 95,955

Stock issued on June 22, 2001
to Directors @ $0.60 a share                      10,782

October 1, 2001 cancellation of
stock subscription                              (118,965)    119,000

Other comprehensive loss December 31, 2001

Net income for the year ended
December 31, 2001                                      -         -       56,249

Balance, December 31, 2001                     4,609,889     (62,500)  (988,981)

January 1, 2002 sale of Northwest
Medical Clinic, Inc. @ $0.40 a share             (29,193)

On October 15, 2002 preferred stock
converted to common stock at
2 for 1 ratio                                     34,930

Other comprehensive loss December 31, 2002

Net loss for the year ended
December 31, 2002                                                    (1,457,825)

Balance, December 31, 2002                     4,615,626   (62,500)  (2,446,806)

Stock issued on January 24, 2003 for
accrued services rendered @ $0.20 a share          5,472

Other comprehensive loss December 31, 2003

Net loss for the year ended
December 31, 2003                                                      (684,860)

Balance, December 31, 2003                     4,621,098

Stock issued on January 26, 2004 for
accrued services rendered @ $0.12 a share          5,454

Other comprehensive loss December 31, 2004

Net loss for the year ended
December 31, 2004                                                      (184,490)

Balance, December 31, 2004                     4,626,552  (62,500)   (3,316,156)

Stock issued on January 26, 2005 for
accrued services rendered @ $0.12 a share          5,454

Treasury stock                                       (11)

Convert Preferred stock to common                  7,485                      -

Other comprehensive loss December 31, 2005

Net loss for the year ended
December 31, 2005                                                      (242,855)

Balance, December 31, 2005                   $ 4,639,491  $(62,500) $(3,559,011)















                                                Accumulated
                                                   Other
                                                Comprehensive         Total
                                                 Income/(Loss)





Balance, December 31, 2000                       (27,122)              3,760,152

Stock issued on January 15, 2001
for consulting fees @ $3.40 a share                    -                   8,500

Stock issued on January 18, 2001 for
management fees @ $4.19 a share                        -                  30,324

Stock issued on February 21, 2001
for consulting fees @ $2.98 a share                    -                   3,740

Stock issued on March 1, 2001 to
management fees @ $3.40 a share                        -                       -

Stock issued on June 6, 2001
for the purchase of Corporate Capital
Formation, Inc. @ $2.13 per share                      -                  96,000

Stock issued on June 22, 2001
to Directors @ $0.60 a share                           -                  10,800

October 1, 2001 cancellation of
stock subscription                                     -                       -

Other comprehensive loss December 31, 2001       (83,991)               (83,991)

Net income for the year ended
December 31, 2001                                      -                  56,249

Balance, December 31, 2001                      (111,113)              3,490,302

January 1, 2002 sale of Northwest
Medical Clinic, Inc. @ $0.40 a share                   -                (29,266)

On October 15, 2002 preferred stock
converted to common stock at
2 for 1 ratio

Other comprehensive loss December 31, 2002      (529,501)

Net loss for the year ended
December 31, 2002                                      -
Balance, December 31, 2002                      (640,614)              1,473,710

Stock issued on January 24, 2003 for
accrued services rendered @ $0.20 a share              -                   5,500

Other comprehensive loss December 31, 2003       (12,471)               (12,471)

Net loss for the year ended
December 31, 2003                                      -               (684,860)

Balance, December 31, 2003                      (653,085)                781,879

Stock issued on January 26, 2004 for
accrued services rendered @ $0.12 a share              -                   5,500

Other comprehensive loss December 31, 2004       (44,286)               (44,286)

Net loss for the year ended
December 31, 2004                                      -               (184,490)

Balance, December 31, 2004                      (697,371)                558,603

Stock issued on January 26, 2005 for
accrued services rendered @ $0.12 a share              -                   5,500

Treasury stock                                         -                (11,000)

Convert Preferred stock to common

Other comprehensive loss December 31, 2005        (8,492)                (8,492)
Net loss for the year ended
December 31, 2005                                      -               (242,855)

Balance, December 31, 2005                   $  (705,863)            $   301,756






                                       20
<PAGE>


                       TRIAD INDUSTRIES, INC.
               (Formerly RB Capital & Equities, Inc.)
                Consolidated Statements of Cash Flows

                                          Year Ended     Year Ended
                                          December 31,   December 31,
                                               2005        2004
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss)                                 $           $
                                           (242,855)   (184,490)
Adjustments to reconcile net
income to net
cash provided by (used in)
operating activities:
Depreciation expense                          2,651       4,004
Common stock issued for services              5,500       5,500
Treasury stock                              (11,000)          -
(Increase) decrease in
available for sale securities                22,871           -
(Increase) decrease in
trading securities                          121,768           -
Changes in operating assets
and liabilities:
(Increase) decrease in
accounts receivable                          40,066      26,576
(Increase) decrease in
prepaid expenses                              8,987      (8,987)
(Increase) decrease in
loan receivable                              19,052     (73,989)
Increase (decrease) in
accounts payable                            (12,296)     10,976
Increase (decrease) in security deposits          -       1,224
Net Cash Provided by (Used in)
Operating Activities                        (45,256)   (219,186)
CASH FLOWS FROM INVESTING ACTIVITIES
(Increase) decrease
fixed assets                                  1,567           -
Net Cash Provided by (Used in)
Investing Activities                          1,567           -
CASH FLOWS FROM FINANCING ACTIVITIES
Borrowings from line of
credit net of payments                       (1,993)     (2,361)
Proceeds (borrowing)
from loan payable                           (31,578)      6,377
Net Cash Provided by (Used in)
Financing Activities                        (33,571)      4,016
Net Increase (Decrease) in Cash             (77,260)   (215,170)
Cash at Beginning of Year                   196,444     411,614
Cash at End of Year                         119,184     196,444
Supplemental Cash Flow Disclosures:
Cash paid during period for interest              -         588
Cash paid during period for taxes                 -           -
Schedule of Non-Cash Activities:
Common stock issued for accrued services      5,500       5,500
Common stock received for services                -           -




                                       21
<PAGE>




NOTE 1.  ORGANIZATION AND DESCRIPTION OF BUSINESS

Triad Industries, Inc. (the Company) was incorporated under the laws of the
State of Utah on November 25, 1985. The Company was originally known as
Investment Marketing, Inc. Investment Marketing, Inc. was originally
incorporated for the purpose of buying, selling, and dealing in real property.
At a special meeting of the shareholders held June 6, 1990 the Company name was
changed to Combined Communication, Corp. On June 7, 1990 the Company completed
the merger and became a Nevada Corporation. On October 17, 1997, the Company met
to amend the Articles of Incorporation and change the name of the Company to RB
Capital & Equities, Inc.

All stock transactions have been retroactively restated to reflect a one for
twenty reverse stock split.

On March 15, 1999, at a special meeting of the shareholders, Healthcare Resource
Management (HRM) reversed its common stock on a one for ten (1:10) from 262,836
to 26,334 shares outstanding. Also, at the meeting of shareholders, HRM ratified
a plan of reorganization whereby HRM would acquire 100% of the outstanding
shares of common stock of RB Capital and its subsidiaries (Gam Properties and
Miramar Road Associates) for 23,408 shares of HRM post split common stock and
35,000 shares of $1.00 preferred stock. The only significant shareholder was
American Health Systems, Inc. who owned 18,667 of common shares before the
merger and 56,000 of common stock after the merger. The 35,000 shares of
preferred stock were issued to American Health Systems, Inc. for the note
payable and the 99% interest RB Capital had acquired in Miramar Road Associates.
56,000 shares of common stock of the 253,408 shares issued to RB Capital &
Equities, Inc. went to American Health Systems, Inc. in exchange for the 18,667
originally received from RB Capital & Equities, Inc. as consideration for 100%
of Gam Properties. This 56,000 represents a 3 for 1 forward split of the 18,667
shares of RB Capital & Equities common stock. The acquisition was accounted for
as a recapitalization of RB Capital because the shareholders of RB Capital &
Equities, Inc. controlled HRM after the acquisition. Therefore, RB Capital &
Equities, Inc. was treated as the acquiring entity for accounting purposes and
HRM was the surviving entity for legal purposes.

On March 15, 1999 the shareholders also approved an amendment to the Articles of
Incorporation changing the corporate name to Triad Industries, Inc.

On June 30, 2000, Triad Industries, Inc. acquired certain assets subject to
certain liabilities of Northwest Medical Clinic, Inc., acquired certain assets
of Amerimed of Georgia, Inc. (a Georgia Corporation) and acquired certain assets
of Florimed of Tampa, Inc. (a Florida Corporation). These certain assets subject
to the certain liabilities were combined and put into a newly formed and
capitalize corporation operating under the name Northwest Medical Clinic, Inc.
The acquisition was recorded as a purchase in accordance with Accounting
Principles Board Opinions No. 16 (APB No. 16). Northwest Medical Clinic, Inc.
operates in the personal injury area and also performs sleep apnea procedures.



                                       22
<PAGE>

NOTE 1.  ORGANIZATION AND DESCRIPTION OF BUSINESS (CONTINUED)

On June 6, 2001 the Company issued 45,000 shares where by Triad  Industries
 would acquire 100% of Corporate  Capital  Formation,  Inc. The  acquisition
 was recorded as a purchase in accordance with  Accounting  Principles  Board
Opinions No. 16 (APB No. 16).  Corporate Capital Formation, Inc. operates in
the corporate business consulting as well as business formation.

In October 2001, Gam Properties and Triad Industries combined operations.  Gam
Properties Corporation is to be dissolved.

On January 1, 2002 the Company sold Northwest Medical Clinic, Inc. for a net
loss of $1,542,394.

On July 31, 2003 the Company closed escrow on the sale of their commercial
property located at 350 West 9th Avenue Escondido, Ca. 92025. The sales price on
the commercial property was $1,680,000 dollars with the Company netting $835,000
in proceeds. However, the gain on the sale of property was $573,014 before any
tax implications.

The Company has authorized 50,000,000 shares of $0.001 par value common stock.

The Company operates through its three subsidiaries:

1.    RB Capital and Equities, Inc. is a financial services corporation that
      operates a merger and acquisition consulting business. The company does
      corporate filing and capital reorganization business for small emerging
      private and public corporations.
2.    HRM, Inc. is presently inactive in the healthcare industry.
3.    Corporate Capital Formation, Inc. is a financial services corporation that
      operates a merger and acquisition consulting business.

Triad Industries, Inc. (the parent company) is now a holding company.


NOTE 2.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

a.   Accounting Method

The Company's policy is to use the accrual method of accounting to prepare and
present financial statements, which conforms to generally accepted accounting
principles ("GAAP'). The company has elected a December 31, year end.



                                       23
<PAGE>





NOTE 2.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

b.       Basis of Consolidation

The  consolidated  financial  statements  of Triad  Industries,  Inc.  include
 those  accounts of RB Capital & Equity Inc.,  Healthcare Resource  Management
 Inc., and Corporate  Capital  Formation,  Inc. Triad Industries owns title to
 all of the assets and liabilities of the consolidated financial statement.
All significant intercompany transactions have been eliminated.

c.   Cash Equivalents

The Company considers all highly liquid investments with a maturity of three
months or less when purchased to be cash equivalents.

d.   Estimates and Adjustments

The preparation of financial statements in conformity with 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. In accordance with FASB 16 all
adjustments are normal and recurring. See note 2i regarding the Companies
revenue recognition policy.

e.       Basis of Presentation and Considerations Related to Continued Existence
 (going concern)

The Company's financial statements have been presented on the basis that it is a
going concern, which contemplates the realization of assets and the satisfaction
of liabilities in the normal course of business.

The Company's management intends to raise additional operating funds through
operations, and debt or equity offerings. Management has yet to decide what type
of offering the Company will use or how much capital the Company will raise.
There is no guarantee that the Company will be able to raise any capital through
any type of offerings.








                                       24
<PAGE>




NOTE 2.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

f.   Accounts Receivable

The Company considers accounts receivable to be fully collectible; accordingly,
no allowances for doubtful accounts are required. If amounts become
uncollectable, they will be charged to operations when that determination is
made.

g.  Concentration of Credit Risk

The Company maintains credit with various financial institutions. Management
performs periodic evaluations of the relative credit standing of the financial
institutions. The Company has not sustained any material credit losses for the
instruments. The carrying values reflected in the balance sheet at December 31,
2005 reasonable approximate the fair values of cash, accounts payable, and
credit obligations. In making such assessment, the Company, has utilized
discounted cash flow analysis, estimated, and quoted market prices as
appropriate in accordance with paragraph 9 of SFAS 107.

h.  Investments in Securities

The Company's marketable securities and investments in securities available for
sale are classified as available for sale securities in the accordance with SFAS
115. They are classified as available for sale due to the fact that they are not
bought or held principally for the purpose of selling them in the near term,
they are not actively and frequently bought and sold, nor are they generally
used with the objective of generating profits on short-term differences in
price. Unrealized gains on available for sale securities are being classified
under the requirements of SFAS No. 130. Under such statement, the Company's
securities are required to be reflected at fair market value. Changes in the
fair value of investments or valuation of securities are reflected in the
statement of comprehensive income or (loss) in accordance with SFAS 130.

i.  Revenue Recognition and Deferred Revenue

The Company recognizes revenue from providing financial services. Revenue is
recognized as services are provided. The Company recognizes revenue from
financial services when the following conditions exist:

o Persuasive evidence of an arrangement exists between a customer and the
Company (normally via a contract). o Services have been rendered, o The price to
the customer is fixed or determinable (and accepted).
o        Collectability is reasonably assured.


                                       25
<PAGE>



NOTE 2.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

j.  Line of Credit

The Company no longer has access to the line of credit. There was an outstanding
balance of $0 and $1,993 as of December 31, 2005 and 2004, respectively.

k.   Principles of Consolidation

The  consolidated  financial  statements  include the accounts of Triad
Industries,  Inc., the parent Company,  Healthcare  Management Resources,  a
Nevada  corporation,  RB Capital & Equities,  Inc.,  and Corporate  Capital
Formation  Inc., a Nevada  corporation.  All subsidiaries  are  wholly  owned
subsidiaries.  All  significant  intercompany  balances  and  transactions
have been  eliminated  in consolidation.

l.  Income Taxes

The Company accounts for income taxes using the asset and liability method.
Under the asset and liability method, deferred income taxes are recognized for
the tax consequences of "temporary differences" by applying enacted statutory
tax rates applicable to future years to differences between the financial
statement carrying amounts and the tax bases of existing assets and liabilities.
Deferred tax assets are reduced by a valuation allowance when, in the opinion of
management, it is more likely than not that some portion or all of the deferred
tax assets will not be realized.

NEW ACCOUNTING PRONOUNCEMENTS:

In November 2004, the Financial Accounting Standards Board (FASB) issued SFAS
151, Inventory Costs - an amendment of ARB No. 43, Chapter 4. This Statement
amends the guidance in ARB No. 43, Chapter 4, "Inventory Pricing," to clarify
the accounting for abnormal amounts of idle facility expense, freight, handling
costs, and wasted material (spoilage). Paragraph 5 of ARB 43, Chapter 4,
previously stated that "... under some circumstances, items such as idle
facility expense, excessive spoilage, double freight, and rehandling costs may
be so abnormal as to require treatment as current period charges..." This
Statement requires that those items be recognized as current-period charges
regardless of whether they meet the criterion of "so abnormal." In addition,
this Statement requires that allocation of fixed production overheads to the
costs of conversion be based on the normal capacity of the production
facilities. This Statement is effective for inventory costs incurred during
fiscal years beginning after June 15, 2005. The adoption of this statement will
not impact the Company's financial position, results of operations, or cash
flows.




                                       26
<PAGE>


NOTE 2.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

NEW ACCOUNTING PRONOUNCEMENTS:

In December 2004, the FASB issued SFAS No. 152, "Accounting for Real Estate
Time-Sharing Transactions--an amendment of FASB Statements No. 66 and 67" ("SFAS
152) The amendments made by Statement 152 This Statement amends FASB Statement
No. 66, Accounting for Sales of Real Estate, to reference the financial
accounting and reporting guidance for real estate time-sharing transactions that
is provided in AICPA Statement of Position (SOP) 04-2, Accounting No. 67,
Accounting for Costs and Initial Rental Operations of Real Estate Projects, to
state that the guidance for (a) incidental operations and (b) costs incurred to
sell real estate projects does not apply to real estate time-sharing
transactions. The accounting for those operations and costs is subject to the
guidance in SOP 04-2. This Statement is effective for financial statements for
fiscal years beginning after June 15, 2005, with earlier application encouraged.
The adoption of this statement will not impact the Company's financial position,
results of operations, or cash flows.

On December 16, 2004, the Financial Accounting Standards Board ("FASB")
published Statement of Financial Accounting Standards No. 123 (Revised 2004),
Shared-Based Payment ("SFAS 123R). SFAS 123R requires that compensation cost
related to share-based payment transactions be recognized in the financial
statements. Share-based payment transactions within the scope of SFAS 123R
include stock options, restricted stock plans, performance-based awards, stock
appreciation rights, and employee share purchase plans. The provisions of SFAS
123R are effective as of the first interim period that begins after June 15,
2005. Accordingly, the Company will implement the revised standard in the third
quarter of fiscal year 2005. Currently, the Company accounts for its share-based
payment transactions under the provisions of APB 25, which does not necessarily
require the recognition of compensation cost in the financial statements. The
adoption of this statement did not impact the Company's financial position,
results of operations, or cash flows.

On December 16, 2004, FASB issued Statement of Financial Accounting Standards
No. 153, Exchanges of Nonmonetary Assets, an amendment of APB Opinion No. 29,
Accounting for Nonmonetary transactions ("SFAS 153"). This statement amends APB
Opinion 29 to eliminate the exception for nonmonetary exchanges of similar
productive assets and replaces it with a general exception of exchanges of
nonmonetary assets that do not have commercial substance. Under SFAS 153, if a
nonmonetary exchange of similar productive assets meets a commercial-substance
criterion and fair value is determinable, the transaction must be accounted for
at fair value resulting in recognition of any gain or loss. SFAS 153 is
effective for nonmonetary transactions in fiscal periods that begin after June
15, 2005. The adoption of this statement did not impact the Company's financial
position, results of operations, or cash flows.





                                       27
<PAGE>


NOTE 3. PROPERTY & EQUIPMENT

Property is stated at cost. Additions, renovations, and improvements are
capitalized. Maintenance and repairs, which do not extend asset lives, are
expensed as incurred. Depreciation is provided on a straight-line basis over the
estimated useful lives ranging from 27.5 years for commercial rental properties,
5 years for tenant improvements, and 5 - 7 years on furniture and equipment.

                                               December 31,        December 31,
                                                2005                    2004


Equipment                                           $  811            $    811
Computer
                                                        20,438           20,438
Furniture
                                                        15,521           16,688
                                          -------------------------------------
$                                                     $ 37,937
                                                                         36,370
Less Accumulated Depreciation                           (9,464)          (6,813)
                                          -------------------------------------
Net Property and Equipment                            $ 26,906         $ 31,124
                                          =====================================


NOTE 4.  OPERATING LEASE

Corporate  Capital  Formation,  Inc.  operate its facility under an operating
lease agreement with an unrelated  party.  The Base rent for  Corporate
Capital  Formation,  Inc. is $375 per month.  Corporate  Capital  Formation,
Inc. is on a month to month  basis.  Rent expense for 2005 was $4,375.

Triad Industries neither owns nor leases any real or personal property. The
Company is currently provided office space from an officer without charge. Such
costs are immaterial to the financial statements and accordingly, have not been
reflected therein. The officers and directors of the Company are involved in
other business activities and may, in the future, become involved in other
business opportunities as they become available, such persons may face a
conflict in selecting between the Company and their other business interests.
The Company has not formulated a policy for the resolution of such conflicts.



                                       28
<PAGE>


NOTE 5. BASIC & DILUTED INCOME / (LOSS) PER COMMON SHARE

Basic gain (loss) per common share has been calculated based on the weighted
average number of shares of common stock outstanding during the period. Diluted
gain (loss) per common share has been calculated based on the weighted average
number of shares of common and preferred stock outstanding during the period.
The variance between basic and diluted weighted average is the addition of
preferred stock in the calculation of diluted weighted average per share.

                                                       December 31, December 31,
                                                         2005          2004

Net income (loss) from operations                $         (242,855)  $(184,490)

Basic income / (loss) per share                  $            (0.39)  $  (0.32)
                                               =================================
                                               ================================

Weighed average number of shares outstanding                576,831     624,981
                                               =================================

As of December 31, 2005 there are no preferred shares outstanding. Furthermore,
the Company has a retained earnings defecit. Therefore, calculation of diluted
earning per share was omitted due to the calculation being antidilutive.


NOTE 6. INCOME TAXES

Income taxes are provided in accordance with Statement of Financial Accounting
Standards No. 109 (SFAS 109), Accounting for Income Taxes. A deferred tax asset
or liability is recorded for all temporary differences between financial and tax
reporting and net operating loss carryfowards. Deferred tax expense (benefit)
results from the net change during the year of deferred tax assets and
liabilities.

At December 31, 2005 the Company has significant operating and capital losses
carryfoward. The tax benefits resulting for the purposes have been estimated as
follows:




                                       29
<PAGE>





NOTE 6. INCOME TAXES (CONTINUED)

                                                              December 31, 2005
                                                      --------------------------

Beg. Retained Earnings                                              $(3,316,156)
Net Income (Loss) for Year ended 12/31/05                              (264,619)
                                                     --------------------------
                                                     --------------------------
Ending Retained Earnings                                            $(3,580,775)

Gross income tax benefit                                            $ 1,450,057
Valuation allowance
                                                                     (1,450,057)
                                                     --------------------------
                                                     --------------------------
Net income tax benefit
                                                           $                  -
                                                     ==========================

The net operating loss expires twenty years from the date the loss was incurred.
The retained earning balance includes accumulated comprehensive income (loss).
In accordance with SFAS 109 paragraph 18 the Company has reduced its deferred
tax benefit asset by a valuation allowance due to negative evidence that has
caused the Company to feel it is more likely than not that some portion or all
of the deferred tax asset will not be realized. No portion of the valuation
allowance will be allocated to reduce goodwill or other noncurrent intangible
asset of an acquired entity. There are no temporary differences or carryforward
tax effects that would significantly effect the Companies deferred tax asset.

Utilization of the net operating losses and credit carryforwards may be subject
to a substantial annual limitation due to the "change in ownership" provisions
of the Internal Revenue Code of 1986. The annual limitation may result in the
expiration of net operating losses and credits before utilization. None of the
valuation allowance recognized was allocated to reduce goodwill or other
noncurrent intangible assets of an acquired entity or directly to contributed
capital.


NOTE 7.  ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

                                                               Accumulated other
                               Unrealized gain (loss)    on comprehensive income
                                          securities               (loss)


Beginning balance                                $     (0)         $(697,371)

Current-period change                                (8,492)        (8,492)
                                -----------------------------------------------
                                -----------------------------------------------
Ending Balance                                    $  (8,492)          $(705,863)
                                ===============================================

Accumulated other comprehensive income (loss) has been reported in accordance
with FASB 130 paragraph 26.

                                       30
<PAGE>





NOTE 8.  AVAILABLE FOR SALE SECURITIES

At December 31, 2005, the Company held available for sale securities of the
following companies:

                                 Trading Trading   Number of  Mkt. Price    FMV
                                 Symbol   Market    Shares    At Year End    At
                                                                        Year End

Atlantic Syndication                 asni    otc      11,000        0.020    220
American Steller Energy              amrs    pink    240,000        0.080 19,200
Chimera Tech.                        cnoc    otc     100,000        0.110 11,000
Diversified Thermal S.               dvts    otc         920        0.300    276
Nicholas Inv.                        nivi    otc     138,383        0.021  2,958
Oasis Infor. Systems, Inc.           ossi    otc     769,817        0.040  7,698
Millenium Plastics                   mpco    pink     30,000        0.010      0
Global Energy, Inc.                  geng    otc       5,000        0.150    750

                                 Total                                $  19,231


The Company is in accordance with SFAS 130 when reporting the unrealized gains
and losses of available for sale securities. All gains and losses are reported
in the statement of comprehensive income (loss) as unrealized gains or (losses).
Available for sale securities are reported at market value as of December 31,
2005 in accordance with SFAS 115.


NOTE 9.  TRADING SECURITIES

At December 31, 2004, the Company held a total of $121,768 in trading
securities. During the 2005 year the Company sold all trading securities that
were held and as of December 31, 2005 the Company did not hold any trading
securities.




                                       31
<PAGE>

NOTE 10.  INVESTMENTS IN OTHER COMPANIES

At December 31, 2005, the Company held investments in the following companies:

                                            Number of   Value Price     FMV
                                              Shares    At Year End  At Year End
                                             2
Advanced Interactive Inc.                        5,125             0.97    4,979
American Eagle Financial                        55,000             0.10    5,500
Atlantic & Pacific Guarantee                 1,000,000             0.01   18,000
Blue Gold                                      125,000             0.01      125
Carrara                                        325,000             0.00      371
Escondido Capital                              629,810             0.06   41,041
International Sports Marketing, Inc.           100,000             0.01    1,000
Love Calendar (Nevada)                         100,000             0.01    1,000
Love Calendar (Utah)                            25,000             1.00   25,000
Love Concepts                                  100,000             0.01    1,000
Noble Onie                                      25,000             0.10    2,500
Quantum Companies                              110,000             0.01    2,621
Resume Junction                                 20,000             0.10    2,000
Spa International                              245,146             0.00        0
Sterling Electronic Commerce                   300,000             0.05   15,000
The Shops Network                                5,000             0.10      500
Thunder Mountain                               100,000             0.01    1,000
Trans Pacific Group                            100,000             0.01    1,000


Total                                                               $ 120,365


The Company owns less than 5% in each of these companies with the exception of
Quantum Companies. Quantum Companies is recorded on the equity method. The
Company records unrealized gains or losses of Quantum securities in their
statement of operations. The companies are nonmarketable equities and are
recorded at cost. The Company records unrealized holding gains and loss (with
the exception of Quantum) in accordance with paragraph 26 of SFAS 130.





                                       32
<PAGE>



NOTE 11.  ACQUISITIONS

All stock transactions have been retroactively restated to reflect a one for
twenty reverse stock split.

On May 27, 2001, Triad Industries, Inc. acquired the assets subject to the
liabilities of Corporate Capital Formation, Inc. The acquisition was recorded as
a purchase in accordance with Accounting Principles Board Opinions No. 16 (APB
No. 16). Corporate Capital Formation, Inc. operates in the corporate business
consulting as well as business formation. There were no significant assets or
liabilities acquired from Corporate Capital Formation, Inc. Triad Industries,
Inc. will acquired 100% of the equity interest of from Corporate Capital
Formation, Inc. in return for voting common stock, and that from Corporate
Capital Formation, Inc. will become a wholly owned subsidiary of Triad
Industries, Inc. As per agreement Triad Industries, issued 45,000 shares of
common stock on June 6, 2001 for the purchase of Corporate Capital Formation,
Inc. All shares issued for the acquisition of Corporate Capital Formation, Inc.
was valued at market price.

The operating results of the acquired entities are included in the Company's
consolidated financial statements from the date of acquisition.


NOTE 12.  STOCK TRANSACTIONS

Transactions, other than employees' stock issuance, are in accordance with
paragraph 8 of SFAS 123. Thus issuances shall be accounted for based on the fair
value of the consideration received. Transactions with employees' stock issuance
are in accordance with paragraphs (16-44) of SFAS 123. These issuances shall be
accounted for based on the fair value of the consideration received or the fair
value of the equity instruments issued, or whichever is more readily
determinable.

On January 24, 2003 the Company issued 27,500 shares of common stock for
services valued at $0.20 a share.

On January 26, 2004 the Company issued 45,835 shares of common stock for
services valued at $0.12 a share.

On January 26, 2005 the Company issued 45,835 shares of common stock for
services valued at $0.12 a shares.

                                       33
<PAGE>

In June of 2005, the Company retired 4,500 shares and returned the shares back
to treasury, as part of litigation.

In late 2005, the Company converted 7,500 in preferred stock into 15,000 shares
of common stock.


As of December 31, 2005, the Company had 627,970 shares of common stock issued
and outstanding.


NOTE 13.  STOCKHOLDERS' EQUITY

The stockholders' equity section of the Company contains the following classes
of capital stock as of December 31, 2005.

(A)      Preferred stock, nonvoting, $ 1.00 par value; 10,000,000 shares
authorized; 0 shares issued and outstanding.

(B)      Common stock, $ 0.001 par value; 50,000,000 shares authorized;
627,970 shares issued and outstanding.


NOTE 14.  ISSUANCE OF SHARES FOR SERVICES - STOCK OPTIONS

The company has a nonqualified stock option plan, which provides for the
granting of options to key employees, consultants, and nonemployee's directors
of the Company. These issuances shall be accounted for based on the fair value
of the consideration received or the fair value of the equity instruments
issued, or whichever is more readily determinable. The Company has elected to
account for the stock option plan in accordance with paragraph 30 of SFAS 123
were the compensation to employees should be recognized over the period(s) in
which the related employee services are rendered. In accordance with paragraph
19 of SFAS 123 the fair value of a stock option granted is estimated using an
option-pricing model.

As of December 31, 2005, there were no stock options issued or outstanding.




                                       34
<PAGE>


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

         None

Item 8a. Controls and Procedures

         We have instituted disclosure controls and procedures designed to
ensure the timely recording, processing, summarization and reporting to our
management, including our Chief Executive Officer, of information required to be
disclosed in our reports under the Securities Exchange Act of 1934, as amended
(the "Exchange Act"). Within the 90 days prior to the filing date of this Annual
Report on Form 10-KSB, we have performed an evaluation of the effectiveness of
the design and operation of these controls under the supervision and with the
participation of our management, including our Chief Executive Officer. Based
upon that evaluation, the Chief Executive Officer has concluded that the
disclosure controls and procedures effectively alert management to material
information related to the Company in a manner which allows timely decisions
regarding required disclosures of such information. In the design and evaluation
of our disclosure controls and procedures, management has recognized that risks
of misstatements due to error, failures in compliance, or changes in conditions
are inherent in any cost-effective control system. Thus, management can provide
only reasonable assurance that its controls and procedures will achieve their
stated goals under all potential future conditions. There have been no
significant changes in our internal controls or in other factors that could
significantly affect these controls subsequent to the date of management's
evaluation.

It should be noted that the Company did restate some of their prior 2004 and
2005 quarterly and annual reports. Management believes that they have
implemented an improved financial review process that will alleviate the issues
that caused the prior restatements.

                                    Part III

Item 9.  Directors, Executive Officers, Control Persons

     The following table sets forth information, to the best of the Companies
knowledge as of December 31, 2005 with respect to each director, officers,
management as a group and principal shareholders of the Issuer who are
shareholders of record or own beneficially, 5% or more of any class of the
corporation's common stock. As of December 31, 2005 there were 627,970 shares
outstanding.

                                       35
<PAGE>

                                           Title of      Amount
Name                       Position          Class     of Shares     Percentage

Linda Bryson,              President /      Common      80,877  (D)          13%
9980 Scripps Vista Way     Director                     44,433  (I)**     7.5%
# 96
San Diego, CA 92131

Michael Kelleher           Secretary        Common      73,897  (D)        12%
122 E. Grand Ave           Director
Escondido, CA 92025

Roger Coleman Jr.*        Director          Common       9,792  (D)         1%
2175 Zion Park Blvd                                     22,500   (I)         4%
Springdale, UT 84747

Management as a Group Directly                          164,566              26%
           Indirectly                                   66,933              11%


Others owning more than 5%

Escondido Capital, Inc**                    Common      28,903               5%
PO Box 506748
San Diego, CA 92150


     The above percentages are based on 627,970 shares of common stock
outstanding on December 31, 2005.

         *Mr. Coleman is the President of Coleman Capital that owns 22,500
shares of common stock of Triad Industries, Inc.

      ** Ms. Bryson is an officer and director of Escondido Capital, Inc. which
holds 28,903 shares or 5% of Triad Industries, Inc. common stock.

     All directors hold office until the next annual meeting of stockholders or
until their successors have been duly elected and qualified. Directors will be
elected at the annual meetings to serve for one-year terms. There are no
agreements with respect to the election of directors. Each executive officer is
appointed by and serves at the discretion of the Board of Directors. It should
be noted that the Company has not held an annual meeting in the last year.

     None of the officers and/or directors of Triad Industries, Inc are officers
or directors of any other publicly traded corporation, nor have any of the
affiliates or promoters of

                                       36
<PAGE>


Triad Industries Inc., have filed any bankruptcy
petition, been convicted in or been the subject of any pending criminal
proceedings, or the subject or any order, judgment, or decree involving the
violation of any state or federal securities laws within the past five years.

     The directors will provide their time to Triad Industries affairs on an as
needed basis, the exact amount of which is undetermined at this time.

     The business experience of each of the persons listed above during the past
five years is as follows:

         Linda M. Bryson, 47, President / Director

Since 2002 Ms. Bryson, has been the President of Triad Industries, Inc. From
1996 to 2002, Ms. Bryson was the President of RB Capital & Equities, Inc., a
corporation  in the  financial  services  field,  which  is  owned  by  Triad
Industries,  Inc.  Currently, she is now the Vice President of RB Capital &
Equities, Inc. She has served on the board of Spa International, Inc. and
is currently the President of Escondido Capital Inc.

         Michael W. Kelleher, 31, Treasurer/ CFO/ Director

Mr. Kelleher received his B.S. degree in accounting from San Diego State
University. He is currently the President of RB Capital & Equities, a
corporation in the financial services field, which is owned by Triad Industries,
Inc. In May of 2005, Mr. Kelleher went to part time status with the Company.

         Roger Coleman Jr., 53, Director

Mr. Coleman has spent the last twenty - five years in the construction business,
framing, finishing and remodeling. He also built, opened and sold three
restaurants in the Salt Lake City area of Utah. Mr. Coleman established two Bed
and Breakfast Inns in Springdale, Utah and currently resides in Springdale, Utah
with his wife. Mr. Coleman holds a B.A. from the University of Utah and a M.B.A.
from the University of Phoenix.

Compliance with 16(a) of the Exchange Act

     The Securities Exchange Act of 1934 requires all executive officers and
directors to report any changes in the ownership of common stock of the Company
to the Securities & Exchange Commission and the Company. The officers and
directors of the Company filed these reports in March of 2006, in compliance
with 16(a) of the exchange act.

Item 10.  Executive Compensation

     The following table shows the amount of all compensation earned or services
in all capacities to the Company for the last two fiscal years for the executive
officers as of December 31, 2005



                                       37
<PAGE>



..

                                                                      Restricted
                                                                         Stock
Name                                   Year      Salary      Bonus       Awards


Linda Bryson, President                2005      62,000       1,000           -
Director                               2004      54,000       1,000       2,500*

Michael Kelleher, Treas.               2005      32,490           -           -
Director                               2004      55,469       1,000       2,500*


Roger Coleman Jr.**                    2005           -           -           -
Director                               2004           -           -         500*


     *Directors received $500 for the year ended December 31, 2004. The amount
was accrued on the Company's books at year - end and subsequently was retired
via a common stock issuance of 3,125 shares of common stock at $.16 to each
director.

     *Officers received $2000 for the year ended December 31, 2004. The amount
was accrued on the Company's books at year - end and subsequently was retired
via a common stock issuance of 12,500 shares of common stock at $.16 to each
officer.

Item 11.  Security Ownership of Beneficial Owners and Management

     The following table sets forth, as of December 31, 2005*, based upon our
records and information obtained from the persons named below, certain
information concerning beneficial ownership of our shares of Common Stock with
respect to (I) each person known to own or more than 5% of our understanding
shares of Common Stock, (II) each of our executive officers and directors, and
(III) all of our executive officers and directors as a group:

                                              Amount Approximate
                                                    And Nature       Percentage
                                                  Of Beneficial      of Common
Identity                                            Ownership       Stock Owned
Escondido Capital, Inc.*                             28,903               5%(I)
Linda Bryson*                                       125,310            20.5%(II)

                                       38
<PAGE>


Michael Kelleher                                     73,897              12%(II)
Roger Coleman Jr.*                                   32,292               5%(II)

Management as a Group Directly                      164,566             26%(III)
                                    Indirectly       66,933             12%(III)

    * Ms. Bryson is an officer and director of Escondido Capital, Inc.

Item 12.  Certain Relationships and Related Transactions


     On, January 24, 2003 the company issued 27,500 shares of common stock at
$.20 per share to retire the accrued directors and officers fees for the year
ended December 31, 2002.

     On January 26, 2004, the Company issued 45,835 shares of common stock to
its officers and directors for services that were accrued on the Company's
financial statements as of December 31, 2002. Each of the three directors
received 4,167 shares of common stock at $.12 per share or directors fees of
$500. Each of the two officers received 16,667 common shares at $.12 per share
or officers fees of $2000. Total consideration was $5,500.

     On March 15, 2005, the Company issued 34,375 shares of common stock to its
officers and directors for services that were accrued on the Company's financial
statements as of December 31, 2004. Each of the three directors received 3,125
shares of common stock at $.16 per share or directors fees of $500. Each of the
two officers received 12,500 common shares at $.12 per share or officers fees of
$2,000. Total consideration was $5,500.

The above issuances of common stock was issued under section 4(2) of the 1933
Securities Act and bears a restrictive legend.

     Triad Industries, Inc. pays a management fee to RB Capital & Equities in
the amount of $15,000 per month.

                                       39
<PAGE>

Item 13.  Exhibits and Reports on 8-K

23.1         Consent Letter
31.1         Certification of the CEO Pursuant to Section 302
             of the Sarbanes-Oxley Act of 2002
31.2         Certification of the CFO Pursuant to Section 302
             of the Sarbanes-Oxley Act of 2002
32.1         Certification of the CEO Pursuant to 18 U.S.C. Section 1350, as
             Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act  of 2002.
32.2         Certification of CFO Pursuant to 18 U.S.C. Section 1350, as
              Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

                           List of documents filed as part of this report:
                           (a) Exhibits

ITEM 14.  Principal Accountant Fees and Services

Audit Fees.

     The aggregate fees billed for each of the last two fiscal years for
professional services rendered by Armand C. Ibarra, CPA for the audit of the
Registrant's annual financial statements, and review of financial statements
included in the company's SEC filings
is as follows: 2005: $7,000; and 2004: $6,000.

Audit-Related Fees.

     The aggregate fees billed in each of the last two fiscal years for
assurance and related services by Armando C. Ibarra, CPA, that are reasonably
related to the performance of the audit or review of the Registrant's financial
statements and are not reported under Audit Fees above: $0.

Tax Fees.

     The aggregate fees billed in each of the last two fiscal years for
professional services rendered by Armando C. Ibarra, CPA, for
tax compliance, tax advice, and tax planning is as follows: 2005 $0
and 2004: $1,500.

All Other Fees.

     The aggregate fees billed in each of the last two fiscal years for products
and services provided by Armando C. Ibarra, CPA, other than the services
reported above: $0.


                                       40
<PAGE>



                                     Part IV

                                   Signatures

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

                             TRIAD INDUSTRIES, INC.

                                                     By:/s/ Linda Bryson
                             Linda Bryson, President


     Pursuant to the requirements of the Securities Exchange Act of 1934, this
report has been signed by the persons on behalf of the registrant and in the
capacities and on the dates indicated:



Signature                                Title                         Date


/s/ Linda Bryson_                        President                    3/26/2006
----------------
Linda Bryson


/s/ Michael Kelleher                     Sec. / Treas. / CFO          3/26/2006
--------------------
Michael W. Kelleher

                                       S-1



<PAGE>