SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 10-KSB

      |X|   Annual Report Pursuant to Section 13 or 15(d) of the Securities
            Exchange Act of 1934 for the fiscal year ended August 31, 2005

      |_|   Transition Report under Section 13 or 15(d) of the Securities
            Exchange Act Of 1934

                         Commission File Number 0-32923


                           FINANCIAL MEDIA GROUP, INC.
                     (formerly, Giant Jr. Investments Corp.)
                 (Name of Small Business Issuer in its charter)



             Nevada                                             33-0198542
-------------------------------                           ----------------------
(State or other jurisdiction of                              (I.R.S. Employer
 incorporation or organization)                           Identification Number)


                  2355 Main Street, Suite 120, California 92614
                  ---------------------------------------------
               (Address of principal executive offices) (Zip Code)

                    Issuer's telephone number: (949) 486-1711

           SECURITIES REGISTERED PURSUANT TO SECTION 12 (B) OF THE ACT
                               Title of each class

                                      NONE

          SECURITIES REGISTERED PURSUANT TO SECTION 12 (G) OF THE ACT:
                         COMMON STOCK $0.001 PAR VALUE

Check whether Issuer: (1) has filed all reports required to be filed by section
13 or 15 (d) of the Securities and Exchange Act of 1934 during the preceding 12
months and (2) has been subject to such filing requirements for the past 90
days. Yes |X| No |_|

Indicate by check mark if disclosure of delinquent filers pursuant to Rule 405
of Regulation S-K is not contained herein, and will not be contained, to the
best of issuer's knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form or any amendment to this Form
10-KSB. |X|

Issuer's Revenues for its most recent fiscal year: $0

The aggregate market value of the voting stock held by non-affiliates of the
registrant as of November 21, 2005 (based upon the average of the bid and asked
prices of these shares on the Over-the-Counter:BB) was $887,703.

The number of shares of the registrant's Common Stock outstanding as of November
21, 2005 was 4,394,530.


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<PAGE>

PART I

Except for the historical information contained herein, the matters discussed
throughout this report, including, but not limited to, those that are stated as
the Company's belief or expectation or preceded by the word "should" are forward
looking statements that involve risks to and uncertainties in the Company's
business and other risks and uncertainties that may be detailed from time to
time in the Company's reports filed with the Securities and Exchange Commission.

Item 1. Description of Business

GENERAL

On June 1, 2005, shareholders of Financial Media Group, Inc. (formerly "Giant
Jr. Investments Corp.", "Giant Jr."), ("Financial Media", "We" or "Company") who
collectively owned a majority of the issued and outstanding shares of the
Company consented in writing to terminate the Company's legal status as a
Business Development Company ("BDC") as defined under Section 2(a) (48) of the
Investment Company Act of 1940 (THE "1940 Act"), as amended. After the
termination of such status, the Company has been governed by the rules and
regulations promulgated under the Securities Act of 1933 and the Securities and
Exchange Act of 1934.

Financial Media had been a BDC only since September 2004 and is currently in the
development stage. The Company had intended to provide equity and long-term debt
financing to small and medium-size private companies in different industries
throughout the United States. The Company was also intending to invest in small
public companies that lack access to capital through conventional financing
facilities. The Company's investment objective was to achieve long-term capital
appreciation rather than current income, on its investments. Because the
Company's investment activity was always limited by its lack of working capital
and because of the high cost attributable to compliance under the 1940 Act, the
Company terminated its BDC status. Since June 2005, the Company has been
inactive except in its search to merge or acquire an operating business. See
"Subsequent Events."

CORPORATE HISTORY

The Company was incorporated in Nevada in 1984 as Southern Development Company,
Inc. ("SDC"). In December 1994, SDC merged with Integrated Communications Access
Network, Inc. ("ICAN"). In March 1996, the Company was renamed SDC, and in
September 1998, the Company changed its name to ESSXsport Corp. At that time,
the Company had no assets and no liabilities. From September 1998 until August
31, 2004 the Company was primarily engaged in the manufacture and distribution
of athletic equipment, primarily for pole vaulting and other track and field
activities. The Company's major operation was the sale of several lines of
sporting gear and equipment under the brand name EssxSport. The Company produced
and manufactured it own brand products and private labeled products for others
in the Sports Industry. The Company also contracted with manufacturers for the
production of other sports equipment and various other lines, primarily
targeting the track and field market, with products used in Baseball,
Basketball, Volleyball, and Soccer, marketing directly to end users via the
internet, catalog sales and trade shows. Effective August 31, 2004, the Company
sold, transferred and delivered all of its assets relating to its pole vault and
sports business to its former President and director. The assets sold included
names, logos, trademarks, and endorsements relating to name "EssxSport", all the
equipment, tools, inventory at the Texas location and 100% ownership stock
certificates for Eonlinesports.com, Inc.

On March 1, 2004, the Company purchased 4,800,000 shares of common stock of Miss
Beverly Hills, Inc. ("MBH"), representing 30% of the issued and outstanding
common stock of MBH for 600,000 shares of Company's common stock. The investment
in MBH has been recorded under the equity method of accounting. On May 20, 2004,
the Company's shareholders approved amending the Articles of Incorporation to
change name to "Giant Jr. Investments, Corp."

On June 30, 2004, the Company filed with the Securities and Exchange Commission
("SEC") to become a business development company ("BDC") under the 1940 Act and
on September 1, 2004 it began its BDC operations. A BDC's principal business is
to provide capital and management expertise to companies that need financing.
The Company may also invest in other securities; however, such investments may
not exceed 30% of the company's total asset value at the time of such
investment.


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<PAGE>

On June 1, 2005, the Company terminated its BDC status and on August 1, 2005,
the Company's shareholders approved an amendment to the Articles of
Incorporation changing the Company's name to "Financial Media Group, Inc.".

Plan of Operations
Since the termination of its BDC status in June 2005, the Company's objective
has been to acquire a company that will have experienced management and
opportunities for growth in exchange for its securities.

General Business Plan
The Company's purpose is to seek, investigate and, if such investigation
warrants, acquire an interest in business opportunities presented to it by
persons or firms who or which desire to seek the advantages of an Issuer who has
complied with the Securities Act of 1934 ("1934 Act"). The Company will not
restrict its search to any specific business, industry, or geographical
location, and may participate in a business venture of virtually any kind or
nature. This discussion of the proposed business is purposefully general and is
not meant to be restrictive of the Company's virtually unlimited discretion to
search for and enter into potential business opportunities. Management
anticipates that it may be able to participate in only one potential business
venture because the Company has nominal assets and limited financial resources.

The Company may seek a business opportunity with entities which have recently
commenced operations, or which wish to utilize the public marketplace in order
to raise additional capital in order to expand into new products or markets, to
develop a new product or service, or for other corporate purposes. The Company
may acquire assets and establish wholly owned subsidiaries in various businesses
or acquire existing businesses as subsidiaries.

The Company anticipates that the selection of a business opportunity in which to
participate will be complex and extremely risky. Due to general economic
conditions, rapid technological advances being made in some industries and
shortages of available capital, management believes that there are numerous
firms seeking the benefits of an Issuer who has complied with the 1934 Act. Such
benefits may include facilitating or improving the terms on which additional
equity financing may be sought, providing liquidity for incentive stock options
or similar benefits to key employees, providing liquidity (subject to
restrictions of applicable statutes), for all shareholders and other factors.
Potentially, available business opportunities may occur in many different
industries and at various stages of development, all of which will make the task
of comparative investigation and analysis of such business opportunities
extremely difficult and complex. The company has, and will continue to have,
limited capital with which to provide the owners of business opportunities with
any significant cash or other assets. However, management believes the Company
will be able to offer owners of acquisition candidates the opportunity to
acquire a controlling ownership interest in an Issuer who has complied with the
1934 Act without incurring the cost and time required to conduct an initial
public offering.

The analysis of new business opportunities will be undertaken by, or under the
supervision of, the officers and directors of the Company. Management intends to
concentrate on identifying preliminary prospective business opportunities which
may be brought to its attention through present associations of the Company's
officers and directors, or by the Company's shareholders. In analyzing
prospective business opportunities, management will consider such matters as the
available technical, financial and managerial resources; working capital and
other financial requirements; history of operations, if any; prospects for the
future; nature of present and expected competition; the quality and experience
of management services which may be available and the depth of that management;
the potential for further research, development or exploration; specific risk
factors not now foreseeable but which then may be anticipated to impact the
proposed activities of the Company; the potential for growth or expansion; the
potential for profit; the public recognition of acceptance of products, services
or trades; name identification; and other relevant factors. Officers and
directors of the Company expect to meet personally with management and key
personnel of the business opportunity as part of their investigation. To the
extent possible, the Company intends to utilize written reports and personal
investigation to evaluate the above factors. The Company will not acquire or
merge with any company for which audited financial statements cannot be obtained
within a reasonable period of time after closing of the proposed transaction.

Acquisition Opportunities
In implementing a structure for a particular business acquisition, the Company
may become a party to a merger, consolidation, reorganization, joint venture, or
licensing agreement with another corporation or entity. It may also acquire
stock or assets of an existing business. On the consummation of a transaction,
it is probable that the present management and shareholders of the Company will
no longer be in control of the Company. In addition, the Company's directors
may, as part of the terms of the acquisition transaction, resign and be replaced
by new directors without a vote of the Company's shareholders or may sell their
stock in the Company. Any terms of sale of the shares presently held by officers


                                       3
<PAGE>

and/or directors of the Company will be also afforded to all other shareholders
of the Company on similar terms and conditions. Any and all such sales will only
be made in compliance with the securities laws of the United States and any
applicable state.

It is anticipated that any securities issued in any such reorganization would be
issued in reliance upon exemption from registration under application federal
and state securities laws. In some circumstances, however, as a negotiated
element of its transaction, the Company may agree to register all or a part of
such securities immediately after the transaction is consummated or at specified
times thereafter. If such registration occurs, or which there can be no
assurance, it will be undertaken by the surviving entity after the Company has
successfully consummated a merger or acquisition and the Company is no longer
considered an inactive company. The issuance of substantial additional
securities and their potential sale into any trading market which may develop in
the Company's securities may have a depressive effect on the value of the
Company's securities in the future, if such a market develops, of which there is
no assurance.

While the actual terms of a transaction to which the Company may be a party
cannot be predicted, it may be expected that the parties to the business
transaction will find it desirable to avoid the creation of a taxable event and
thereby structure the acquisition in a so-called "tax-free" reorganization under
Sections 368(a)(1) or 351 of the Internal Revenue Code (the "Code"). In order to
obtain tax-free treatment under the Code, it may be necessary for the owners of
the acquired business to own 80 percent or more of the voting stock of the
surviving entity. In such event, the shareholders of the Company would retain
less than 20 percent of the issued and outstanding shares of the surviving
entity, which would result in significant dilution in the equity of such
shareholders.

As part of the Company's investigation, officers and directors of the Company
will meet personally with management and key personnel, may visit and inspect
material facilities, obtain independent analysis of verification of certain
information provided, check references of management and key personnel, and take
other reasonable investigative measures, to the extent of the Company's limited
financial resources and management expertise. The manner in which the Company
participates in an opportunity will depend on the nature of the opportunity, the
respective needs and desires of the Company and other parties, the management of
the opportunity and the relative negotiation strength of the Company and such
other management.

With respect to any merger or acquisition and depending upon, among other
things, the target company's assets and liabilities, the Company's shareholders
will in all likelihood hold a substantially lesser percentage ownership interest
in the Company following any merger or acquisition. The percentage ownership may
be subject to significant reduction in the event the Company acquires a target
company with assets and expectations of growth. Any merger or acquisition
effected by the Company can be expected to have a significant dilutive effect on
the percentage of shares held by the Company's then shareholders.

The Company will participate in a business opportunity only after the
negotiation and execution of appropriate written agreements. Although the terms
of such agreements cannot be predicted, generally such agreements will require
some specific representations and warranties by all of the parties thereto, will
specify certain events of default, will detail the terms of closing and the
conditions which must be satisfied by each of the parties prior to and after
such closing, will outline the manner of bearing costs, including costs
associated with the Company's attorneys and accountants, will set forth remedies
on default and will include miscellaneous other terms.

As stated herein above, the Company will not acquire or merge with any entity
which cannot provide independent audited financial statements within a
reasonable period of time after closing of the proposed transaction. The Company
is subject to all of the reporting requirements included in the 1934 Act.
Included in these requirements is the affirmative duty of the Company to file
independent audited financial statements as part of its Form 8-K to be filed
with the Securities and Exchange Commission upon consummation of a merger or
acquisition, as well as the Company's audited financial statements included in
its annual report on Form 10-K (or 10-KSB, as applicable). If such audited
financial statements are not available at closing, or within time parameters
necessary to insure the Company's compliance with the requirements of the 1934
Act, or if the audited financial statements provided do not conform to the
representations made by the candidate to be acquired in the closing documents,
the closing documents will provide that the proposed transaction will be
voidable, at the discretion of the present management of the Company.


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<PAGE>

Competition
The Company will remain an insignificant participant among the firms which
engage in the acquisition of business opportunities. There are many established
venture capital and financial concerns which have significantly greater
financial and personnel resources and technical expertise than the Company. In
view of the Company's combined, extremely limited financial resources and
limited management availability, the Company will continue to be at a
significant competitive disadvantage compared to the Company's competitors.


Investment Company Act of 1940
Although the Company will be subject to regulation under the Securities Act of
1933, as amended, and the 1934 Act, management believes the Company will not be
subject to regulation under the Investment Company Act of 1940 insofar as the
Company will not be engaged in the business of investing or trading in
securities. In the event the Company engages in business combinations that
result in the Company holding passive investment interests in a number of
entities, the Company could be subject to regulation under the Investment
Company Act of 1940. In such event, the Company would be required to register as
an investment company and could be expected to incur significant registration
and compliance costs. The Company has obtained no formal determination from the
Securities and Exchange Commission as to the status of the Company under the
Investment Company Act of 1940 and, consequently, any violation of such Act
would subject the Company to material adverse consequences. The Company believes
that, currently, it is exempt from the Investment Company Act of 1940 under
Regulation 3a-2 thereto.

                                  RISK FACTORS

The Company's majority stockholder has the ability to effectively control
substantially all actions taken by stockholders.


Smart Energy Group, Inc. owns 3,000,000 shares of the Company's common stock and
controls approximately 68.2% of the aggregate voting power of all outstanding
shares. Accordingly, Smart Energy Group, Inc. can effectively control
substantially all actions taken by the Company's stockholders, including the
election of directors. Such concentration of ownership could also have the
effect of delaying, deterring or preventing a change in control of the Company
that might otherwise be beneficial to stockholders and may also discourage
acquisition bids for the Company and limit the amount certain investors may be
willing to pay for shares of the common stock.

The price of the Company's common stock has been volatile and could continue to
fluctuate in the future.


The market price for shares of the Company's common stock has been volatile and
has fluctuated substantially. Broad market fluctuations, general economic and
political conditions and the discontinuance of the Company's operations may also
adversely affect the market price of the common stock.

Scarcity of, and competition for business opportunities and combinations.

The Company is and will continue to be an insignificant participant in the
business of seeking mergers with, joint ventures with and acquisitions of small
private and public entities. A large number of established and well-financed
entities, including venture capital firms, are active in mergers and
acquisitions of companies which may be desirable target candidates for the
Company. Nearly all such entities have significantly greater financial
resources, technical expertise and managerial capabilities than the Company and,
consequently, the Company will be at a competitive disadvantage in identifying
possible business opportunities and successfully completing a business
combination. Moreover, the Company will also compete in seeking merger or
acquisition candidates with numerous other small public companies.


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<PAGE>

The Company has executed a formal agreement for a business combination with
WallStreet Direct, Inc. There is no assurance that this transaction will close.
See "Subsequent Events."

There can be no assurance the Company will be successful in identifying and
evaluating suitable business opportunities or in concluding a business
combination. Management has not identified any particular industry or specific
business within an industry for evaluation by the Company. There is no assurance
the Company will be able to negotiate a business combination on terms favorable
to the Company. The Company has not established a specific length of operating
history or specified level of earnings, assets, net worth or other criteria
which it will require a target business opportunity to have achieved, and
without which the Company would not consider a business combination in any form
with such business opportunity. Accordingly, the Company may enter in to a
business combination with a business opportunity having no significant operating
history, losses, limited or no potential for earnings, limited assets, negative
net worth or other negative characteristics.

Reduction of percentage share ownership following business combination and
possible dilution.

The Company's primary plan of operation is based upon a business combination
with a private concern which, in all likelihood, would result in the Company
issuing securities to shareholders of any such private company. The issuance of
previously authorized and unissued Common Shares of the Company would result in
reduction in percentage of shares owned by present and prospective shareholders
of the Company and may result in a change in control or management of the
Company. In addition, any merger or acquisition effected by the Company can be
expected to have a significant dilutive effect on the percentage of the shares
held by the Company's then shareholders, including significant reverse stock
splits.

The Company does not anticipate paying cash dividends on its common stock.

The Company does not anticipate paying any cash dividends on the common stock in
the foreseeable future.

Going Concern

The Company does not anticipate paying cash dividends on its common stock.

The Company's auditors have issued a "going concern" qualification in the audit
report on the financial statements of the company for the year ended August 31,
2005 due to the continuing losses from operations, which indicates the potential
for business failure of the company.

COMPETITION

The Company is subject to substantial competition from business development
companies, venture capital firms, new product development companies, marketing
companies and diversified manufacturers, most of whom are larger than is the
Company and have significantly larger net worth, financial and personnel
resources than does Company. In addition, the Company competes with companies
and individuals engaged in the business of providing management consulting
services.

EMPLOYEES

As of August 31, 2005, the Company had 1 employee.

SUBSEQUENT EVENTS

On September 19, 2005, the Company entered into an Agreement and Plan of
Reorganization, as amended on September 21, 2005 (the "Agreement"), pursuant to
which the Company will acquire all of the issued and outstanding common stock of
Wallstreet Direct, Inc. ("Wallstreet") in exchange for up to 20,000,000 shares
of the Company's common stock. Upon the closing of the exchange transaction, (a)
Wallstreet will become a wholly-owned subsidiary of the Company; and (b) the
current Company shareholders will own 4,394,530 shares, or approximately 18%,
of the issued and outstanding shares of the Company's common stock, and the
former shareholders of Wallstreet will own 20,000,000 shares, or approximately
82%, of the issued and outstanding shares of the Company's common stock.

The closing is subject to various terms and conditions, including among other
things, the completion of due diligence, the approval of the Board of Directors
of the Company, the approval of the Board of Directors and the shareholders of
Wallstreet and the receipt by the Company of audited financial statements of
Wallstreet. It is anticipated that the present management of both the Company
and Wallstreet will remain in place after the Closing.


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<PAGE>

The transaction, which is intended to be structured as a tax-free
reorganization, is scheduled to close at the end of November 2005, however,
there is no assurance that it will close within that time frame or at all.

Item 2. Properties

As of August 31, 2005, Registrant did not own or lease any real property. On
September 1, 2005, the Registrant occupied its current office space on a
month-to-month lease at $500 per month from a company affiliated to the
Registrant.

Item 3. Legal Proceedings

There are no material pending legal proceedings to which the Company is a party
or to which any of its property is subject, and to the best of its knowledge, no
such actions against the Company are contemplated or threatened.

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

None


PART II

Item 5.  Market for Common Equity and Related Stockholder Matters

The Company's common stock, par value, $0.001 per share ("Common Stock") is
traded on the Over the Counter NASDAQ Electronic Bulletin Board ("OTC") under
the symbol "FNGP.OB" The following table sets forth, for the period indicated,
the range of high and low closing prices reported by the OTC. Such quotations
represent prices between dealers and may not include markups, markdowns, or
commissions and may not necessarily represent actual transactions.





             2003                   High Bid                  Low Bid
             ----                   --------                  -------

      First Quarter                  $0.04                     $0.01
      Second Quarter                 $0.25                     $0.01
      Third Quarter                  $0.06                     $0.01
      Fourth Quarter                 $0.06                     $0.02

            2004                    High Bid                  Low Bid
            ----                    --------                  -------

      First Quarter                  $0.10                     $0.015
      Second Quarter                 $0.10                     $0.04
      Third Quarter                  $0.08                     $0.02
      Fourth Quarter                 $0.006                    $0.007

            2005                    High Bid                  Low Bid
            ----                    --------                  -------

      First Quarter                  $0.78                      $0.30
      Second Quarter                 $1.20                      $0.35
      Third Quarter                  $0.74                      $0.15
      Fourth Quarter                 $0.30                      $0.17


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<PAGE>

Holders

On November 21, 2005 the "bid" price for the Registrant's common stock on the
OTC Bulletin Board was $1.05 per share. On November 21, 2005, there were
approximately 460 shareholders of record of the Registrant's common stock.

On December 2, 2004, the Registrant's stockholders approved an amendment to the
Registrant's Articles of Incorporation to a reverse-split of the Registrant's
issued and outstanding common stock 100 to 1.

The total aggregate number of shares of all classes of capital stock, which the
Registrant has authority to issue is 305,000,000 of which 300,000,000 are shares
of common stock, $0.001 par value and 5,000,000 are shares of preferred stock,
$0.001 par value. On November 21, 2005 there were 4,394,530 shares of Common
Stock issued and outstanding and no shares of preferred stock issued and
outstanding.

Dividends

The Company has not declared any cash dividends since inception and does not
anticipate paying any dividends in the foreseeable future. The payment of
dividends is within the discretion of the Board of Directors and will depend on
the Company's earnings, capital requirements, financial condition, and other
relevant factors. There are no restrictions that currently limit the Company's
ability to pay dividend on its Common Stock other than those generally imposed
by applicable state law.

Recent Sales of Unregistered Securities

In February 2003, the Registrant issued 2,952,043 shares of its common stock to
16 individuals. Five were officers and directors and seven were professionals
and consultants. These shares were issued for services rendered to the
Registrant. Two venders were issued 350,000 shares for monies owed and 300,000
shares were issued in accordance with two endorsement agreements. The shares
were valued at approximately $0.076 each, which was the fair market value on the
date of issue.

In March 2004, the Registrant issued 60,000,000 shares of its common stock for
the purchase of 4,800,000 shares of Miss Beverly Hills, Inc. ("MBH") common
stock, representing approximately 30% of the issued and outstanding MBH common
stock.

In May 2004, the Registrant entered into various consulting agreements with
individuals to provide consulting services for which 30,450,000 shares were
issued. The shares were valued at approximately $0.076 each, which was the ten
(10) day weighted average of the closing share price on the date of issue.

On August 15, 2005, the Company sold 3,000,000 shares of its common stock to a
third party for cash consideration of $300,000.

All of the investors above are sophisticated individuals who had the opportunity
to review all of the Registrant's SEC filings and to discuss with the officers
and directors of the Registrant the business and financial activities of the
Registrant. All the investors acquired their shares for investment and not with
a view toward distribution. Other than shares issued pursuant to a Form S-8
registration statement, all Certificates have been affixed with an appropriate
legend restricting sales and transfers. Therefore, based on the foregoing, the
Registrant issued the shares in reliance upon the exemptions from registration
provided by Section 4(2) of the Securities Act of 1933 and/or Registration D,
there under.

Warrants

At November 21, 2005, there was no warrants outstanding convertible to common
stock. During the year ended August 31, 2005 and 2004, no warrants were
converted into shares of common stock.


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<PAGE>

Item 6. Management's Discussion and Analysis of Financial Condition and Results
of Operations.

The following information should be read in conjunction with our consolidated
financial statements and notes thereto appearing elsewhere in this Form 10-KSB.

Forward Looking Statements

This Form 10-KSB including the Management's Discussion and Analysis or Plan of
Operation contains forward-looking statements that involve substantial risk and
uncertainties. These forward-looking statements are not historical facts but
rather are based on current expectations, estimates and projections about the
Company's industry, beliefs, and assumptions. Such forward-looking statements
involve risks and uncertainties that could cause risks or outcomes to differ
materially from those expressed in the forward-looking statements.

Forward-looking statements may include without limitation statements relating to
the Company's plans, strategies, objectives, expectations and intentions and are
intended to be made pursuant to the Safe Harbor provisions of the Private
Securities Litigation Reform Act of 1995. Words such as "anticipates",
"expects", "intends", "plans", "believes", "seeks", and "estimates" and
variations of these words and similar expressions are intended to identify
forward-looking statements. These statements are not guarantees of future
performance and are subject to certain risks, uncertainties, and other factors,
some of which are beyond our control and difficult to predict and could cause
actual results to differ materially from those expressed or forecasted in the
forward-looking statements including without limitation:

      o     The state of securities markets in which the securities of the
            Company's portfolio company trade or could be traded. Liquidity
            within the national financial markets.

      o     Economic downturns or recessions may impair the Company's customers'
            ability to repay our loans and increase our non-performing assets.

      o     A contraction of available credit and/or inability to access the
            equity markets could impair our lending and investment activities.

      o     The risks associated with the possible disruption in the Company's
            operations due to terrorism and,

      o     The risks and uncertainties described under the caption "Risk
            Factors and Other Considerations" contained in Part I, Item I, which
            is incorporated herein by reference.

Although the assumptions on which these forward looking statements are based are
reasonable, any of those assumptions also could be incorrect. In light of these
and other uncertainties, the inclusion of a projection or forward-looking
statements in this Annual Report should be regarded as a representation of the
Company that its plans and objectives will be achieved. Undue reliance should
not be placed on these forward-looking statements, which apply only as of the
date of this Annual Report.

Plan of operations

The Company intends to seek to acquire assets or shares of an entity actively
engaged in business which generates revenues in exchange for its securities. The
Company has entered into an Agreement and Plan of Reorganization, as amended, to
acquire Wallstreet Direct, Inc. Although the Company intends to close this
transaction toward the end of November, 2005, there is no assurance that the
acquisition will close. See "Subsequent Events."

Comparison of the fiscal years ended August 31, 2005 and August 31, 2004

The Company recorded a loss of $308,830 and $4,902,984 during the fiscal years
ended August 31, 2005 and 2004, respectively.

The Company did not have any operations during fiscal 2005 and therefore, did
not report any revenues in fiscal 2005. The Company's major operation in fiscal
2004 was the sale of several lines of sporting gear and equipment under the
brand name EssxSport. The Company produced and manufactured it own brand
products and private labeled products for others in the Sports Industry. The
Company also contracted with manufacturers for the production of other sports
equipment and various other lines, primarily targeting the track and field
market, with products used in baseball, basketball, volleyball and soccer,
marketing directly to end users via the internet, catalog sales and trade shows.
On August 31, 2004, the Company sold, transferred and delivered all of its
assets relating to its pole vault and sports business to its former President
and director. The assets sold included names, logos, trademarks, and
endorsements relating to name "EssxSport", all the equipment, tools, inventory
at the Texas location and 100% ownership stock certificates for
Eonlinesports.com, Inc.


                                       9
<PAGE>

General and administrative expense was $249,663 and $379,039 for the years ended
August 31, 2005 and 2004. The decrease in expenses resulted due to reduction in
legal, administrative and payroll expenses in 2005 as compared to 2004. In
fiscal 2004, the Company purchased as an investment 4,800,000 shares of common
stock of Miss Beverly Hills, Inc. ("MBH"), representing 30% of the issued and
outstanding common stock of MBH, a private entity, for 600,000 shares of
Company's common stock valued at $1,920,000. MBH did not have significant
operations and had no significant assets. The Company had no obligation to fund
future operating losses. The Company recorded an equity loss of $1,920,000,
equal to the investment amount in MBH in fiscal 2004. During fiscal 2005, the
Company expended $13,430 in consulting fees to third parties for business and
advisory services whereas in fiscal 2004, the Company issued 327,520 shares
valued at $2,454,500 to the consultants for the consulting services.

The Company recorded $27,049 and $16,480 in interest expense for the fiscal
years ended August 31, 2005 and 2004. In addition, the Company recorded a loss
of $17,921 on sale of marketable securities held for sale during fiscal 2005 as
compared to a gain of $1,140 during fiscal 2004.

Discontinued operations: On August 31, 2004, the Company discontinued its
operations of its sporting gear and equipment under the brand name EssxSport and
sold the business to former President. The Company incurred a loss of $154,266
for the year ended August 31, 2004 from the discontinued operations, and a gain
of $20,961 from the disposition of the discontinued operations. The Company did
not have any discontinued operations in fiscal 2005.

Comprehensive Loss: The Company records unrealized gain or loss on marketable
securities as comprehensive income or loss. The company recorded an unrealized
gain on marketable securities amounting to $14,800 during the year ended August
31, 2004 compared to $0 for the same period in 2005.

Liquidity and Capital Resources: The Company's principal capital requirements
during the fiscal year 2006 are to fund the internal operations and the
acquisitions of growth-oriented businesses. The Company plans to raise necessary
funds by selling its own common shares to selected investors and bringing in
business partners whose contributions include the necessary cash. In view of low
borrowing interest rates, the Company is actively pursuing additional credit
facilities with financial institutions as a means to obtain new funding. The
Company's management estimates that it currently has the funds to operate for at
least three months without raising additional capital.

As shown in the accompanying financial statements, the Company incurred a net
loss of $308,830 for the year ended August 31, 2005 as compared to a net loss of
$4,902,985 for the same period in 2004. Additionally, the Company's current
liabilities exceeded its current assets by $279,130 at August 31, 2005. These
factors and the Company's inability to meet its debt obligations from current
operations, and the need to raise additional funds to accomplish its objectives,
create a substantial doubt about the Company's ability to continue as a going
concern.

Operating activities: Net cash used in operating activities for the year ended
August 31, 2005 was $256,305. The increase in net cash used in operating
activities resulted primarily due to the decrease in receivable of $19,080 and
increase in accounts payable and accrued expenses of $23,581 in 2005.

Investing activities: Net cash provided by investing activities during the year
ended August 31, 2005 was $63,480. Cash was provided by the proceeds from sale
of investment stocks during fiscal 2005.

Financing activities: Net cash provided by financing activities during the year
ended August 31, 2005 was $229,980. Cash was provided due to sale of shares
valued at $300,000 and issuance of promissory notes of $161,931. The Company
made payments of $231,951 in satisfaction of note payable during the year ended
August 31, 2005.


                                       10
<PAGE>

As a result of the above activities, the Company experienced a net increase in
cash and cash equivalents of $37,155 for the year ended August 31, 2005 as
compared to a net decrease in cash of $10,569 for the year ended August 31,
2004. The ability of the Company to continue as a going concern is still
dependent on its success in obtaining additional financing from the
institutional investors or by selling its common shares and fulfilling its plan
of restructuring as outlined above.

Application of critical accounting policies

Revenue Recognition

The Company recognizes its revenue in accordance with the Securities and
Exchange Commissions ("SEC") Staff Accounting Bulletin No. 104, "Revenue
Recognition in Financial Statements" ("SAB 104"). Revenue is recognized when
merchandise is shipped to a customer.

Stock-based compensation

SFAS No. 123 prescribes accounting and reporting standards for all stock-based
compensation plans, including employee stock options, restricted stock, employee
stock purchase plans and stock appreciation rights. SFAS No. 123 requires
compensation expense to be recorded (i) using the new fair value method or (ii)
using the existing accounting rules prescribed by Accounting Principles Board
Opinion No. 25, "Accounting for stock issued to employees" (APB 25) and related
interpretations with pro-forma disclosure of what net income and earnings per
share would have been had the Company adopted the new fair value method. The
Company has chosen to account for stock-based compensation using Accounting
Principles Board Opinion No. 25, "Accounting for Stock Issued to Employees" and
has adopted the disclosure only provisions of SFAS 123. Accordingly,
compensation cost for stock options is measured as the excess, if any, of the
quoted market price of the Company's stock at the date of the grant over the
amount an employee is required to pay for the stock. In December 2002, the FASB
issued FAS No. 148, "Accounting for Stock-Based Compensation - Transition and
Disclosure", which amended FAS No. 123, "Accounting for Stock-Based
Compensation." The new standard provides alternative methods of transition for a
voluntary change to the fair market value based method for accounting for
stock-based employee compensation. Additionally, the statement amends the
disclosure requirements of FAS No. 123 to require prominent disclosures in both
annual and interim financial statements about the method of accounting for
stock-based employee compensation and the effect of the method used on reported
results. This statement is effective for financial statements for the year ended
December 31, 2002. In compliance with FAS No. 148, the Company has elected to
continue to follow the intrinsic value method in accounting for its stock-based
employee compensation plan as defined by APB No. 25.

Issuance of shares for service

The Company accounts for the issuance of equity instruments to acquire goods and
services based on the fair value of the goods and services or the fair value of
the equity instrument at the time of issuance, whichever is more reliably
measurable.

Impact of accounting pronouncements

In December 2004, the FASB issued FASB Statement No. 123R, "Share-Based Payment,
an Amendment of FASB Statement No. 123" ("FAS No. 123R"). FAS No. 123R requires
companies to recognize in the statement of operations the grant- date fair value
of stock options and other equity-based compensation issued to employees. FAS
No. 123R is effective beginning in the Company's first quarter of fiscal 2006.
The Company believes that the adoption of this standard will have no material
impact on its financial statements.


                                       11
<PAGE>

In December 2004, the FASB issued FASB Statement No. 123R, "Share-Based Payment,
an Amendment of FASB Statement No. 123" ("FAS No. 123R"). FAS No. 123R requires
companies to recognize in the statement of operations the grant- date fair value
of stock options and other equity-based compensation issued to employees. FAS
No. 123R is effective beginning in the Company's first quarter of fiscal 2006.
The Company believes that the adoption of this standard will have no material
impact on its financial statements.

In December 2004, the FASB issued SFAS Statement No. 153, "Exchanges of
Non-monetary Assets." The Statement is an amendment of APB Opinion No. 29 to
eliminate the exception for non-monetary exchanges of similar productive assets
and replaces it with a general exception for exchanges of non-monetary assets
that do not have commercial substance. The Company believes that the adoption of
this standard will have no material impact on its financial statements.

In May 2005, the FASB issued SFAS No. 154, "Accounting Changes and Error
Corrections." This statement applies to all voluntary changes in accounting
principle and requires retrospective application to prior periods' financial
statements of changes in accounting principle, unless this would be
impracticable. This statement also makes a distinction between "retrospective
application" of an accounting principle and the "restatement" of financial
statements to reflect the correction of an error. This statement is effective
for accounting changes and corrections of errors made in fiscal years beginning
after December 15, 2005. The Company is evaluating the effect the adoption of
this interpretation will have on its financial position, cash flows and results
of operations.

Off Balance Sheet Arrangements

The Company has no off Balance Sheet arrangements at August 31, 2005.

Item 7. Financial Statements

Financial Statements are referred to in Item 13(a), listed in the Index to
Financial Statements and filed and included elsewhere herein as a part of this
Annual Report on Form 10-KSB.

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

None

Item 8A. Controls and Procedures

(A) EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES

Our Chief Executive Officer, and Principal Financial and Accounting Officer,
after evaluating the effectiveness of our disclosure controls and procedures (as
defined in the Securities Act of 1934 Rules 13a-14(c) and 15d-14(c) as of a date
within 90 days of the filing date of this annual report on From 10-KSB (the
"Evaluation Date"), has concluded that as of the Evaluation Date, our disclosure
controls and procedures were adequate and effective to ensure that material
information relating to us would be made known to him by others within the
Company, particularly during the period in which this annual report on Form
10-KSB was being prepared.


                                       12
<PAGE>

(B) CHANGES IN INTERNAL CONTROLS.

There were no significant changes in our internal controls or other factors that
could significantly affect our disclosure controls and procedures subsequent to
the Evaluation Date, nor any significant deficiencies or material weaknesses in
such disclosure controls and procedures requiring corrective actions. As a
result, no corrective actions were taken.

Item 8B.  Other Information

None.


PART III

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

Set forth below is information with respect to our directors and executive
officers as of August 31, 2005.


<TABLE>
<CAPTION>
Name                                  Age        Position
---------------------------------  ---------     ------------------------------------------------
<S>                                   <C>        <C>
Javan Khazali                         42         Chief   Executive   Officer,   Chief  Financial
                                                 Officer and Director
Diego Moya                            34         Director, Secretary
Dato'Sri Ram Sarma                    52         Director
A. Chandrakumanan                     42         Director
Dr. Conrad Loreto                     56         Director
Tom Hemingway                         47         Director
</TABLE>

Javan Khazali became the Chief Executive Officer, Chief Financial Officer and a
director of the Company in November 2004. Mr. Khazali has over eighteen years of
experience at senior executive level in both private and public sectors with
main focus on services, telecommunications and financial media industry
segments. He has broad based experience in the areas of corporate restructuring
& reorganization, business development, operations, and management consulting.
Mr. Khazali joined Cypost Corporation ("Cypost") as Vice President
(Administration) in 2001 and was promoted to become CEO of the Company from 2002
to 2003. In 2003, the directors of Cypost filed a Chapter 7 Bankruptcy. During
the bankruptcy proceedings Mr. Khazali assisted the Company in financial
distress negotiations, bankruptcy litigations and helped resolve disputes
between Cypost and debt holders, lenders, bank groups and equity holders. >From
1985 to 2000, Mr. Khazali held numerous senior level positions in the food
service sector including as a managing partner of two successful restaurants
located in Western Canada. He also served as the director of operations of
privately held restaurant chain located in various cities of United States and
Western Canada having over 300 employees.

Diego Moya became a director in October 2004 and has been involved in several
high finance projects over the last ten years. In 1994, Mr. Moya joined World
Class Network (ECN), a direct sales company involved in the distribution of
travel tutorials. In his employment with WCN, Mr. Moya was instrumental in
developing the Company's direct sales strategies. Mr. Moya has also worked as a
distribution and operations consultant for several MLM companies. Mr. Moya also
worked as a research analyst, assisting insurance brokers with research and
product education. Mr. Moya was an all-state champion for the National Soccer
League and is an avid surfer and musician.


                                       13
<PAGE>

Dato'Sri Ram Sarma is an active board member of several public companies
including a renowned infrastructure company listed on the Kuala Lumpur Stock
Exchange. He brings a strong network in international financial arena,
especially in South East Asia. Presently he is the Group Chairman and CEO of the
SRS Group, which comprises of several diversified companies in several business
segments like Trading, Construction, Manufacturing, Information, Technology and
Management Consulting. SRS Group is a major Asian company located in Kuala
Lumpur, Malaysia. Mr. Sarma has been serving as a Director of the Company since
July 1999.

A. Chandrakumanan was involved in negotiation and handling of the logistics for
the Malaysian Games (Sukma'98) and coordinated the supply of equipment for track
and field, boxing, basketball, and gymnastics. He has been the principal owner
of KRES Private Limited (Singapore), a stadium equipment supply company, for the
past ten years. His extensive expertise is in team attire and sports equipment.
Mr. Chandrakumanan manages the Company's Asian Office in Kuala Lumpur, Malaysia.
Mr. Chandrakumanan has been serving as a Director of the Company since July
1999.

Dr. Conrad Loreto became a director in August 2004 and brings his business
leadership, holistic medical knowledge, product development and creative
talents. Presently he is working as a Chief Executive Officer of Miss Beverly
Hills, a privately held private labeling and licensing company based in Beverly
Hills, California. Dr. Loreto worked in the music business with many Rock & Roll
greats - Jimi Hendrix, The Rolling Stones, The WHO, Stevie Wonder, The Grateful
Dead, and James Taylor, to name a few. He was one of the organizers of the
famous Woodstock festival in 1969. He also received his Doctorate in Naturopathy
from Clayton Naturopathic College in 1983. He enjoyed a successful private
practice for 22 years using acupuncture, holistic medicine and Neuro Linguistic
Programming (NLP). Using his extensive medical knowledge, Dr. Loreto developed
Health Dynasty, a line of nutritional products combining ancient Chinese
formulas and modern western technology. Recently retired, Dr. Loreto has been
counseling over 200 independent pharmacists offering alternative guidelines for
their patients. Mr. Loreto has been recently elected as a Director of the
Company in August 2004.

Tom Hemingway became a director in November 2004 and brings nearly two decades
of management experience in the areas of artificial intelligence, home
automation and network systems. Mr. Hemingway is currently Chairman and CEO of
Mergence Corporation (OTCBB: MRGN). He was a co-founder of eSynch (NASD: ESYN)
and served as its CEO from 1998 until 2003. From 1995 to 1998, he was president
of Intermach Corporation. Mr. Hemingway is a member of the Presidents Council of
Economic Review. Mr. Hemingway completed his studies at State University New
York, in Albany, New York and attended San Francisco State University for
additional courses.

BOARD MEETINGS AND COMMITTEES

The Board of Directors of the Company held six (6) meeting during the fiscal
year ended August 31, 2005. No director attended fewer than 75% of the meetings
of the Board. The Board currently has two committees, the Audit Committee and
Compensation and Stock Option Committee established in January of 2005 to comply
with the Sarbanes Oxley Act. The chairman of the Audit Committee is Tom
Hemingway.

Mr. Javan Khazali, CEO, is the only full time employee of the Company. None of
the other Directors of the Company were paid any compensation for their services
as a director during the fiscal years ended August 31, 2005 and 2004. No family
relationships exist between any of the executive officers or directors of the
Company.

COMPLIANCE WITH SECTION 16(a) OF THE EXCHANGE ACT

Section 16(a) of the Securities Exchange Act of 1934 requires the Company's
officers and directors, and persons who own more than ten percent of its Common
Stock, to file reports of ownership and changes of ownership with the Securities
and Exchange Commission ("SEC") and each exchange on which the Company's
securities are registered. Officers, directors and greater than ten percent
stockholders are required by SEC regulation to furnish the Company with copies
of all ownership forms they file.

Based solely on its review of the copies of such forms received by it, or
written representations from the officers, directors or persons holding greater
than 10% of Company stock, no ownership disclosure form (SEC Form 5) was
required for those persons. All of the required Form 3's and up to date Form 4's
for the directors have been filed with the SEC. There are no transfers of the
Company's common stock by any persons subject to Section 16(a) requirements.


                                       14
<PAGE>

Item 10.  Executive Compensation.

The following table sets forth the compensation of the Company's Chief Executive
Officer during the last three complete fiscal years. No other officers received
annual compensation in excess of $100,000 during the last three completed fiscal
years.

<TABLE>
<CAPTION>
                                                  SUMMARY COMPENSATION TABLE

                                 Long-Term Compensation                             Long-Term Compensation
                      ------------------------------------------- ----------------------------------------------------
                                                                              Number of
                                                                  Restricted  Shares
                      Year    Salary    Bonus    Other Annual     Stock       Underlying     LTIP      All Other
                                                 Compensation     Awards      Options       Payouts    Compensation
                                 ($)    ($)
<S>                   <C>     <C>       <C>      <C>              <C>         <C>           <C>        <C>
Javan Khazali(1)      2005    61,000     -0-     -0-              -0-         -0-           -0-        -0-
Imran Firoz(2)        2005    17,848     -0-     -0-              -0-         -0-           -0-        -0-
Imran Firoz           2004    15,000     -0-     -0-              -0-         -0-           -0-        -0-
Bruce Caldwell        2004    48,000     -0-     -0-              -0-         -0-           -0-        -0-
Bruce Caldwell        2003    48,000     $500    400,000(3)       -0-         -0-           -0-        -0-
</TABLE>


(1) Mr. Khazali was appointed President of the Company on November 1, 2004.
(2) Mr. Feroz resigned as President of the Company on November 1, 2004.
(3) Mr. Caldwell received 400,000 shares for work related contributions to the
Company in the 2nd quarter 2003. Mr. Caldwell resigned as of August 31, 2004.

Employment and Related Agreements

None.

Compensation of Directors

The directors of the Company did not receive any compensation for serving on the
Board during the fiscal years ended August 31, 2005 and 2004, respectively.

Item 11.  Security Ownership of Certain Beneficial Owners and Management

The following table sets forth information concerning ownership of the Company's
Common Stock as of August 31, 2005 - (a) each director of the Company, (b) each
person known to the Company to be a beneficial owner of more than five percent
(5%) of its Common Stock, (c) each person named in the Summary Compensation
Table, and (d) all executive officers and directors of the Company as a group.

<TABLE>
<CAPTION>
                                                             No. of shares
     Name                                                    Beneficially          Percent of
                                                             Owned                 Class
-------------------------------------------------------------------------------------------------
<S>                                                          <C>                   <C>
Javan Khazali, CEO, CFO and Director                            25,000                   *
Dato'Sri Ram Sarma, Director                                    42,799                   * (1)
A. Chandrakumanan, Director                                     42,799                   * (2)
Tom Hemingway, Director                                              0                   0
Dr. Conrad Loreto, Director                                          0                   0
Diego Moya, Director and Secretary                                   0                   0

Forest Glenneyre & Associates, Inc.
202 N. Curry Street, #100
Carson City, Nevada 89703                                      433,500                  9.8%
Smart Energy Group,
Inc.
23120 Alicia Pkwy, Suite
200 Mission Viejo, CA 92692                                  3,000,000                 68.2%

Officers and Directors as a Group (6 individuals)              115,598                  2.5%
     * Less than 1%
</TABLE>


                                       15
<PAGE>

(1)   Includes 39,699 shares owned by Kres Private Ltd., a Company of which Mr.
      Sarma owns 50% interest.
(2)   Includes 39,699 shares owned by Kres Private Ltd., a Company of which Mr.
      Chandrakumanan owns 50% interest.

Stock Option Plan

None.

Employee Benefit Plan

None.

Warrants

The Company did not have any warrants outstanding at August 31, 2005.

Stock Split

On December 2, 2004, the Registrant's stockholders approved an amendment to the
Registrant's Articles of Incorporation that reverse-split the Registrant's
issued and outstanding common stock 100 to 1.

Item 12: Certain Relationships and Related Transactions

Effective August 31, 2004 the Registrant sold, transferred and delivered all of
its assets relating to its pole vault and sports business to its former
President and director, Bruce Caldwell. The assets transferred were valued at
approximately $110,000. Mr. Caldwell paid for the assets by canceling a $137,153
promissory note owed by the Registrant to Mr. Caldwell. The Registrant recorded
a net gain on the sale of approximately $21,000. Both Mr. Caldwell and his wife,
also a former director, abstained in voting on the sale of assets termination.


PART IV.

Item 13.  Exhibits and Reports on Form 8-K

The following list describes the exhibits filed as part of this Annual Report
Form 10-KSB.


                                       16
<PAGE>

Exhibit
No.                   Description of Document
---                   -----------------------

31.1 - Certification of Chief Executive Officer/Chief Financial Officer

32.1 - Certification of Chief Executive Officer/Chief Financial Officer
       pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, 18 U.S.C.
       Section 1350

Reports on Form 8-K:

During the last quarter covered by this Report, the Company filed the following
Current Report Form 8-K: Unregistered sale of securities, SEC File No.
000-32923, Film No. 051038847, incorporated by reference.

Item 14.  Principal Accountant Fees and Services

During the past two fiscal years, our principal accountant have billed for their
services as follows. In addition, fees and services related to the audit of the
financial statements of the Company for the period ended August 31, 2005, as
contained in the Annual Report, are estimated and included for the fiscal year
ended August 31, 2005.

                              Year ended August 31,
                               2005           2004
                           ------------   ------------

      Audit Fees           $     32,000   $     32,000

      Audit-Related Fees   $         --   $         --

      Tax Fees:            $         --   $      1,500

      All Other Fees:      $         --   $         --

(i) The Audit Committee requires that prior to the engagement of the Company's
principal accountant to audit the financial statements of the Company or to
perform other Audit Related or Non-Audit Related services, the engagement be
reviewed to consider the scope of services to be rendered and the expected fees
to be charged by the principal accountant in connection with rendering such
services.


                                       17
<PAGE>

                                   SIGNATURES

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



                                          FINANCIAL MEDIA GROUP, INC.

                                          By:
                                             /s/Javan Khazali
                                             ---------------------------------
                                             Javan Khazali, CEO and CFO

                                             Date: November 21, 2005

Pursuant to the requirements of the Securities and Exchange Act of 1934, this
report has been signed below by the following persons on behalf of registrant
and in the capacities indicated on the 21st day of November 2005

  SIGNATURES                                  TITLE

  /s/Javan Khazali
  -----------------------------------------   Chief Executive Officer,
  Javan Khazali                               Chief Financial
                                              Officer and Director

  /s/Diego Moya
  -----------------------------------------   Director and Secretary
  Diego Moya


  /s/Dr. Conrad Loreto
  -----------------------------------------   Director
  Dr. Conrad Loreto

  /s/Tom Hemingway
  -----------------------------------------   Director
  Tom Hemingway


  -----------------------------------------   Director
  A. Chandrakumanan


  -----------------------------------------   Director
  Dato'Sri Ram Sarma


                                       18
<PAGE>

             REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors and Stockholders of
Financial Media Group, Inc. (formerly, Giant Jr. Investments Corp.)

We have audited the accompanying balance sheet of Financial Media Group, Inc.
(formerly, Giant Jr. Investments Corp. (a Nevada corporation) as of August 31,
2005 and the related statements of operations, stockholders' deficit, and cash
flows for the years ended August 31, 2005 and 2004. 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 audit of these statements 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 amounts 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
audit 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 Financial Media Group, Inc. as
of August 31, 2005, and the results of its operations and its cash flows for the
years ended August 31, 2005 and 2004 in conformity with accounting principles
generally accepted in the United States of America.

The Company's financial statements are prepared using the generally accepted
accounting principles applicable to a going concern, which contemplates the
realization of assets and liquidation of liabilities in the normal course of
business. The Company has accumulated deficit of $5,917,151 as of August 31,
2005 and has incurred net losses of $308,830 and $4,902,984 for the years ended
August 31, 2005 and 2004. These factors as discussed in notes to the financial
statements, raises substantial doubt about the Company's ability to continue as
a going concern. Management's plans in regard to these matters are also
described in the notes. The financial statements do not include any adjustments
that might result from the outcome of this uncertainty.



                          /s/ KABANI & COMPANY, INC.

                          CERTIFIED PUBLIC ACCOUNTANTS
                          Los Angeles, California
                          October 28, 2005


                                       19
<PAGE>

Part 1 - Financial Statements

                           FINANCIAL MEDIA GROUP, INC.
                     (FORMERLY, GIANT JR. INVESTMENTS CORP.)
                                  BALANCE SHEET
                                 AUGUST 31, 2005

<TABLE>
<CAPTION>
                                     ASSETS

<S>                                                                      <C>
CURRENT ASSETS:
         Cash & cash equivalents                                         $    37,436
                                                                         -----------
                   Total assets                                          $    37,436
                                                                         ===========


                      LIABILITIES AND STOCKHOLDERS' DEFICIT

CURRENT LIABILITIES:
         Accounts payable & accrued expenses                             $   209,066
         Note payable - officer                                                7,500
         Note payable                                                        100,000
                                                                         -----------
                   Total current liabilities                                 316,566

STOCKHOLDERS' DEFICIT
         Common stock, $0.001 par value; 300,000,000 shares authorized
         4,394,530 shares issued and outstanding                               4,395
         Additional paid in capital                                        5,633,626
         Accumulated deficit                                              (5,917,151)
                                                                         -----------
                   Total stockholders' deficit                              (279,130)

                                                                         -----------
                   Total liabilities and stockholders' deficit           $    37,436
                                                                         ===========
</TABLE>

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


                                       20
<PAGE>

                        FINANCIAL MEDIA GROUP, INC.
                  (FORMERLY, GIANT JR. INVESTMENTS CORP.)
                         STATEMENTS OF OPERATIONS

<TABLE>
<CAPTION>
                                                                               YEARS ENDED
                                                                                AUGUST 31,
                                                                   2005           2004
                                                                -----------    -----------
<S>                                                             <C>            <C>
Net revenues                                                    $        --    $        --
                                                                -----------    -----------

Operating expenses
            General and administrative                          $   249,663    $   379,039
            Loss on equity investment                                    --      1,920,000
            Consulting expenses                                      13,430      2,454,500
                                                                -----------    -----------
                  Total operating expenses                          263,093      4,753,539

                                                                -----------    -----------
Loss from operations                                               (263,093)    (4,753,539)
                                                                -----------    -----------

Non-Operating (Income) Expense:
           Interest expense                                          27,049         16,480
           (Gain) Loss on sale of marketable securities              17,921         (1,140)
           Other income                                                 (33)            --
                                                                -----------    -----------
                  Total non-operating expense                        44,936         15,340
                                                                -----------    -----------

Loss from continuing operations before income tax                  (308,030)    (4,768,879)

  Provision for income tax                                              800            800

                                                                -----------    -----------
Loss from continuing operations                                    (308,830)    (4,769,679)

Discontinued operations
           Loss from operations of discontinued operations               --       (154,266)
           Gain on disposal of subsidiary                                --         20,961

                                                                -----------    -----------
Loss on disposal of subsidiary, net                                      --       (133,305)

                                                                -----------    -----------
Net loss                                                        $  (308,830)   $(4,902,984)

Other comprehensive gain:
           Unrealized gain on marketable securities                      --         14,800
           Reclassification adjustment                              (14,800)            --

                                                                -----------    -----------
Comprehensive Loss                                              $  (323,630)   $(4,888,184)
                                                                ===========    ===========

Basic and diluted loss per share from continuing operations     $     (0.22)   $     (5.34)
                                                                ===========    ===========

Basic and diluted loss per share from discontinued operations   $        --    $     (0.15)
                                                                ===========    ===========

Basic and diluted net loss per share                            $     (0.22)   $     (5.49)
                                                                ===========    ===========

Basic and diluted weighted average shares outstanding             1,435,596        892,416
                                                                ===========    ===========
</TABLE>

*     Weighted average number of shares used to compute basic and diluted loss
      per share is the same since the effect of dilutive securities is
      anti-dilutive.

*     The basic and diluted net loss per share has been stated to retroactively
      effect 100:1 reverse split on December 1, 2004.


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


                                       21
<PAGE>

                           FINANCIAL MEDIA GROUP, INC.
                     (FORMERLY, GIANT JR. INVESTMENTS CORP.)
                       STATEMENT OF SHAREHOLDERS' DEFICIT
                  FOR THE YEARS ENDED AUGUST 31, 2005 AND 2004


<TABLE>
<CAPTION>
                                                    Common Stock          Additional    Unrealized    Accumulated
                                                 Shares       Amount    Paid in Capital Gain (Loss)      Deficit         Total
                                              -----------   -----------   -----------   -----------    -----------    -----------
<S>                                               <C>       <C>           <C>           <C>            <C>            <C>
Balance at August 31, 2003                        410,480   $       410   $   707,843   $        --    $  (705,337)   $     2,916
Issuance of shares for services                   327,520           328     2,496,153            --             --      2,496,481
Issuance of shares for payment of expenses          6,500             7         6,493            --             --          6,500
Issuance of shares for investment                 600,000           600     1,919,400            --             --      1,920,000
Issuance of shares for cash                        50,000            50        49,950            --             --         50,000
Beneficial conversion feature                          --            --       156,787            --             --        156,787
Unrealized gain on marketable securities               --            --            --        14,800             --         14,800
Net loss for the year ended August 31, 2004            --            --            --    (4,902,984)    (4,902,984)
                                              -----------   -----------   -----------   -----------    -----------    -----------
Balance at August 31, 2004                      1,394,500         1,395     5,336,626        14,800     (5,608,321)      (255,500)

Issuance of shares for cash                     3,000,000         3,000       297,000            --             --        300,000
Loss on marketable securities                          --            --            --       (14,800)            --        (14,800)
Issuance of fraction shares                            29            --
Net loss for the year ended August 31, 2005            --            --            --            --       (308,830)      (308,830)
                                              -----------   -----------   -----------   -----------    -----------    -----------
Balance at August 31, 2005                      4,394,530   $     4,395   $ 5,633,626   $        --    $(5,917,151)   $  (279,130)
                                              ===========   ===========   ===========   ===========    ===========    ===========
</TABLE>

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


                                       22
<PAGE>

                           FINANCIAL MEDIA GROUP, INC.
                     (FORMERLY, GIANT JR. INVESTMENTS CORP.)
                            STATEMENTS OF CASH FLOWS

<TABLE>
<CAPTION>
                                                                   YEAR ENDED
                                                                    AUGUST 31,
                                                                 2005            2004
                                                             ------------    ------------
CASH FLOWS FROM OPERATING ACTIVITIES:
<S>                                                          <C>             <C>
     Net loss                                                $   (308,830)   $ (4,902,984)
     Adjustments to reconcile net loss to net cash
        used in operating activities:
         Depreciation and amortization                                 --         156,787
         Deposit expensed                                           1,045              --
         (Gain) loss on sale of stock                              17,920          (1,140)
         Loss on disposal of subsidiary, net                           --         133,305
         Issuance of shares for consulting services                    --       2,454,500
         Impairement of assets                                         --       1,920,000
         (Increase) decrease in current assets:
                Receivables                                        19,080         (21,280)
                Inventory                                              --          48,896
                Deposits                                               --           1,684
         (Decrease) increase in current liabilities:
                Accounts payable and accrued expense               23,581          (6,928)
                Due to factor                                      (9,101)             --
                                                             ------------    ------------
                 Net cash used in operating activities           (256,305)       (217,160)

CASH FLOWS FROM INVESTING ACTIVITIES:
         Cash received from the sale of investment stock           63,480           2,140
                                                             ------------    ------------

CASH FLOWS FROM FINANCING ACTIVITIES:
         Cash received from stock issuances                       300,000          50,000
         Payment of notes payable                                (231,951)        (18,200)
         Payment of long term debts                                    --         (15,556)
         Proceeds from loan                                            --          88,220
         Proceeds from note payable                               161,931         100,000
                                                             ------------    ------------
                 Net cash provided by financing activities        229,980         204,464

                                                             ------------    ------------
NET  INCREASE/(DECREASE) IN CASH & CASH EQUIVALENTS                37,155         (10,556)

CASH & CASH EQUIVALENTS, BEGINNING BALANCE                            281          10,837

                                                             ------------    ------------
CASH & CASH EQUIVALENTS, ENDING BALANCE                      $     37,436    $        281
                                                             ============    ============
</TABLE>

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


                                       23
<PAGE>

                           FINANCIAL MEDIA GROUP, INC.
                     (FORMERLY, GIANT JR. INVESTMENTS CORP.)
                          NOTES TO FINANCIAL STATEMENTS


NOTE 1 ORGANIZATION AND QUASI-REORGANIZATION

Giant Jr. Investments Corp. was incorporated in Nevada in 1984 as Southern
Development Company, Inc. (SDC). In December 1994, SDC merged with Integrated
Communications Access Network, Inc. (ICAN). ICAN's main business activity
centered on the interactive television and telecommunications industries. In
March 1996, ICAN changed its name back to SDC. In September 1998, the Company,
under new management, changed its name to EssxSport Corp. and changed its
business focus to the sport equipment industry.

On March 1, 2004, the Company purchased 4,800,000 shares of common stock of Miss
Beverly Hills, Inc. ("MBH"), representing 30% of the issued and outstanding
common stock of MBH for 600,000 shares of Company's common stock. The investment
in MBH has been recorded under the equity method of accounting. The Securities
Exchange Agreement provides for the MBH Shareholders to have two of their
nominees appointed directors of the Company. This would bring the number of
directors of the Company to ten. The Company's Chief Executive Officer is also
an officer of MBH. As of August 31, 2005, MBH Shareholders has appointed one
nominee as a Director of the Company.

On April 9, 2004, the Company's shareholders approved amending the Articles of
Incorporation to change name to "Giant Jr. Investments, Corp."

On July 1, 2004, the Company elected to become a business development company
(BDC), regulated pursuant to Section 54 of the Investment Company Act of 1940.
The company's core focus was to invest in growth businesses mainly in the
private sector and thinly traded public U.S companies as specified under the
guidelines of Section 55 (a) of Investment Company Act of 1940. The Company made
available significant managerial assistance to its portfolio companies in the
areas of strategic planning & corporate development, investor awareness,
corporate finance and M&A.

The Company's major operation was the sale of several lines of sporting gear and
equipment under the brand name EssxSport. The Company produced and manufactured
it own brand products and private labeled products for others in the Sports
Industry. The Company also contracted with manufacturers for the production of
other sports equipment and various other lines, primarily targeting the track
and field market, with products used in Baseball, Basketball, Volleyball, and
Soccer, marketing directly to end users via the internet, catalog sales and
trade shows. Effective August 31, 2004, the Company sold, transferred and
delivered all of its assets relating to its pole vault and sports business to
its former President and director. The assets sold included names, logos,
trademarks, and endorsements relating to name "EssxSport", all the equipment,
tools, inventory at the Texas location and 100% ownership stock certificates for
Eonlinesports.com, Inc. (Note 11).


                                       24
<PAGE>

On June 1, 2005, shareholders who collectively owned 723,098 common shares or
52% of the issued and outstanding common shares of the Company consented in
writing to terminate the Company's legal status as a Business Development
Company ("BDC") as defined under Section 2(a) (48) of the Investment Company Act
of 1940, as amended. After the termination, the Company is governed by the rules
and regulations promulgated under the Securities Act of 1933 and the Securities
and Exchange Act of 1934.

On August 1, 2005, the Company's shareholders approved amending the Articles of
Incorporation to change its name to "Financial Media Group, Inc."


NOTE 2 DESCRIPTION OF BUSINESS

The Company's current plan is to acquire an interest in business entities which
have recently commenced operations, or which wish to utilize the public
marketplace in order to raise additional capital in order to expand into new
products or markets to develop a new product or service, or for other corporate
purposes.

The Company's major operation was the sale of several lines of sporting gear and
equipment under the brand name EssxSport. The Company produced and manufactured
it own brand products and private labeled products for others in the Sports
Industry. The Company also contracted with manufacturers for the production of
other sports equipment and various other lines, primarily targeting the track
and field market, with products used in Baseball, Basketball, Volleyball, and
Soccer, marketing directly to end users via the internet, catalog sales and
trade shows.

The Company also acquired a 30% interest in Miss Beverly Hills Inc. (MBH), a
privately held company based in Beverly Hills, California. The Company is
providing managerial assistance to MBH in the areas of strategic planning &
corporate development. Since MBH does not have significant operations and has no
significant assets, the Company recorded an impairment of the equity investment
amounting to $1,920,000 for the year ended August 31, 2004.

Effective August 31, 2004, the Company sold, transferred and delivered all of
its assets relating to its pole vault and sports business to its former
President and director. The assets sold included names, logos, trademarks, and
endorsements relating to name "EssxSport", all the equipment, tools, inventory
at the Texas location and 100% ownership stock certificates for
Eonlinesports.com, Inc.


NOTE 3 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES & REALIZATION OF ASSETS

Use of estimates

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.


                                       25
<PAGE>

Cash and cash equivalents

The Company considers all liquid investments with a maturity of three months or
less from the date of purchase that are readily convertible into cash to be cash
equivalents.

Investments

The equity method of accounting is used for all investments in associated
companies in which the company's interest is 20% or more. Under the equity
method, the Company recognizes its share in the net earnings or losses of these
associated companies as they occur rather than as dividends are received.
Dividends received are accounted for as a reduction of the investment rather
than as dividend income. Losses from the equity investments reduce the
receivables from the associated companies.

Accounts Receivable

The Company maintains reserves for potential credit losses on accounts
receivable. Management reviews the composition of accounts receivable and
analyzes historical bad debts, customer concentrations, customer credit
worthiness, current economic trends and changes in customer payment patterns to
evaluate the adequacy of these reserves. Reserves are recorded primarily on a
specific identification basis. As of August 31, 2005, the reserve for bad debts
was $0.

Inventories

Inventories are valued at the lower of cost or market (determined on a first-in,
first-out basis). Management compares the cost of inventories with the market
value and an allowance is made for writing down the inventories to there market
value, if lower than cost. There were no inventories as of August 31, 2005.

Property and equipment

Property and equipment is stated at cost. Depreciation is computed using an
accelerated method over the estimated useful lives of the assets, which range
from five to seven years. Gains and losses on sales and dispositions of fixed
assets are included in operations in the year realized. Expenditures for
maintenance and repairs are charged to expense as incurred.

Long-lived assets

Effective January 1, 2002, the Company adopted Statement of Financial Accounting
Standards No. 144, "Accounting for the Impairment or Disposal of Long-Lived
Assets" ("SFAS 144"), which addresses financial accounting and reporting for the
impairment or disposal of long-lived assets and supersedes SFAS No. 121,
"Accounting for the Impairment of Long-Lived Assets and for Long-Lived Assets to
be Disposed Of," and the accounting and reporting provisions of APB Opinion No.
30, "Reporting the Results of Operations for a Disposal of a Segment of a
Business." The Company periodically evaluates the carrying value of long-lived
assets to be held and used in accordance with SFAS 144. SFAS 144 requires
impairment losses to be recorded on long-lived assets used in operations when
indicators of impairment are present and the undiscounted cash flows estimated
to be generated by those assets are less than the assets' carrying amounts. In
that event, a loss is recognized based on the amount by which the carrying
amount exceeds the fair market value of the long-lived assets. Loss on
long-lived assets to be disposed of is determined in a similar manner, except
that fair market values are reduced for the cost of disposal.


                                       26
<PAGE>

Intangible Assets

Intangible assets consist of non-compete agreement and patterns. The non-compete
agreement is being amortized on the straight-line basis over a period of four
years. The patterns are being amortized on the straight-line basis over the
expected life of five years.

Revenue Recognition

The Company recognizes its revenue in accordance with the Securities and
Exchange Commissions ("SEC") Staff Accounting Bulletin No. 104, "Revenue
Recognition in Financial Statements" ("SAB 104"). Revenue is recognized when
merchandise is shipped to a customer.

Advertising Costs

All advertising costs are expensed as incurred. Advertising expense for the
years ended August 31, 2005 and 2004 were $1,300 and $3,288, respectively.

Income taxes

The Company accounts for income taxes under Statement of Financial Accounting
Standards No. 109 (SFAS 109). Under SFAS 109, deferred income taxes are reported
using the liability method. Deferred tax assets are recognized for deductible
temporary differences and deferred tax liabilities are recognized for taxable
temporary differences. Temporary differences are the differences between the
reported amounts of assets and liabilities and their tax bases. 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. Deferred tax assets and liabilities are adjusted for the
effects of changes in tax laws and rates on the date of enactment.

Stock-based compensation

SFAS No. 123 prescribes accounting and reporting standards for all stock-based
compensation plans, including employee stock options, restricted stock, employee
stock purchase plans and stock appreciation rights. SFAS No. 123 requires
compensation expense to be recorded (i) using the new fair value method or (ii)
using the existing accounting rules prescribed by Accounting Principles Board
Opinion No. 25, "Accounting for stock issued to employees" (APB 25) and related
interpretations with pro-forma disclosure of what net income and earnings per
share would have been had the Company adopted the new fair value method. The
Company has chosen to account for stock-based compensation using Accounting
Principles Board Opinion No. 25, "Accounting for Stock Issued to Employees" and
has adopted the disclosure only provisions of SFAS 123. Accordingly,
compensation cost for stock options is measured as the excess, if any, of the
quoted market price of the Company's stock at the date of the grant over the
amount an employee is required to pay for the stock. In December 2002, the FASB
issued FAS No. 148, "Accounting for Stock-Based Compensation - Transition and
Disclosure", which amended FAS No. 123, "Accounting for Stock-Based
Compensation." The new standard provides alternative methods of transition for a
voluntary change to the fair market value based method for accounting for
stock-based employee compensation. Additionally, the statement amends the
disclosure requirements of FAS No. 123 to require prominent disclosures in both
annual and interim financial statements about the method of accounting for
stock-based employee compensation and the effect of the method used on reported
results. This statement is effective for financial statements for the year ended
December 31, 2002. In compliance with FAS No. 148, the Company has elected to
continue to follow the intrinsic value method in accounting for its stock-based
employee compensation plan as defined by APB No. 25.


                                       27
<PAGE>

Fair value of financial instruments

Statement of financial accounting standard No. 107, Disclosures about fair value
of financial instruments, requires that the Company disclose estimated fair
values of financial instruments. The carrying amounts reported in the statements
of financial position for current assets and current liabilities qualifying as
financial instruments are a reasonable estimate of fair value.

Basic and diluted net loss per share

Net loss per share is calculated in accordance with the Statement of financial
accounting standards No. 128 (SFAS No. 128), "Earnings per share". SFAS No. 128
superseded Accounting Principles Board Opinion No.15 (APB 15). Net loss per
share for all periods presented has been restated to reflect the adoption of
SFAS No. 128. Basic net loss per share is based upon the weighted average number
of common shares outstanding. Diluted net loss per share is based on the
assumption that all dilutive convertible shares and stock options were converted
or exercised. Dilution is computed by applying the treasury stock method. Under
this method, options and warrants are assumed to be exercised at the beginning
of the period (or at the time of issuance, if later), and as if funds obtained
thereby were used to purchase common stock at the average market price during
the period.

Other Comprehensive Income & Foreign Currency Translation:

Statement of Financial Accounting Standards No. 130, Reporting Comprehensive
Income ("SFAS No. 130"), establishes standards for reporting and display of
comprehensive income, its components and accumulated balances. Comprehensive
income is defined to include all changes in equity, except those resulting from
investments by owners and distributions to owners. Among other disclosures, SFAS
No. 130 requires that all items that are required to be recognized under current
accounting standards as components of comprehensive income be reported in a
financial statement that is displayed with the same prominence as other
financial statements.


                                       28
<PAGE>

Issuance of shares for service

The Company accounts for the issuance of equity instruments to acquire goods and
services based on the fair value of the goods and services or the fair value of
the equity instrument at the time of issuance, whichever is more reliably
measurable.

Segment Reporting

Statement of Financial Accounting Standards No. 131 ("SFAS 131"), "Disclosure
about Segments of an Enterprise and Related Information" requires use of the
"management approach" model for segment reporting. The management approach model
is based on the way a company's management organizes segments within the company
for making operating decisions and assessing performance. Reportable segments
are based on products and services, geography, legal structure, management
structure, or any other manner in which management disaggregates a company.
Currently, SFAS 131 has no effect on the Company's financial statements as
substantially all of the Company's operations are conducted in one industry
segment.

Reclassifications

Certain comparative amounts have been reclassified to conform with the current
year's presentation.

NOTE 4 RECENT PRONOUNCEMENTS

In December 2004, the FASB issued FASB Statement No. 123R, "Share-Based Payment,
an Amendment of FASB Statement No. 123" ("FAS No. 123R"). FAS No. 123R requires
companies to recognize in the statement of operations the grant- date fair value
of stock options and other equity-based compensation issued to employees. FAS
No. 123R is effective beginning in the Company's first quarter of fiscal 2006.
The Company believes that the adoption of this standard will have no material
impact on its financial statements.

In December 2004, the FASB issued SFAS Statement No. 153, "Exchanges of
Non-monetary Assets." The Statement is an amendment of APB Opinion No. 29 to
eliminate the exception for non-monetary exchanges of similar productive assets
and replaces it with a general exception for exchanges of non-monetary assets
that do not have commercial substance. The Company believes that the adoption of
this standard will have no material impact on its financial statements.


                                       29
<PAGE>

In May 2005, the FASB issued SFAS No. 154, "Accounting Changes and Error
Corrections." This statement applies to all voluntary changes in accounting
principle and requires retrospective application to prior periods' financial
statements of changes in accounting principle, unless this would be
impracticable. This statement also makes a distinction between "retrospective
application" of an accounting principle and the "restatement" of financial
statements to reflect the correction of an error. This statement is effective
for accounting changes and corrections of errors made in fiscal years beginning
after December 15, 2005. The Company is evaluating the effect the adoption of
this interpretation will have on its financial position, cash flows and results
of operations.

In June 2005, the EITF reached consensus on Issue No. 05-6, Determining the
Amortization Period for Leasehold Improvements ("EITF 05-6.") EITF 05-6 provides
guidance on determining the amortization period for leasehold improvements
acquired in a business combination or acquired subsequent to lease inception.
The guidance in EITF 05-6 will be applied prospectively and is effective for
periods beginning after June 29, 2005. EITF 05-6 is not expected to have a
material effect on its consolidated financial position or results of operations.


NOTE 5 ACCOUNTS PAYABLE AND ACCRUED EXPENSES

Accounts payable and accrued expenses consist of the following:
            Accounts payable                                        $   130,386
            Accrued payroll                                              24,400
            Accrued taxes                                                14,819
            Accrued expenses                                             29,644
            Accrued interest                                              9,817
                                                                    -----------
                                                                    $   209,066
                                                                    ===========


                                       30
<PAGE>

NOTE 6        NOTES PAYABLE

Note payable - officer due on demand, bearing an annual
interest rate of 8%, unsecured                                        $   7,500
                                                                      =========

Note payable to third party, due on December 31, 2005, bearing an
annual interest rate of 9%, unsecured                                 $ 100,000
                                                                      =========

The Company raised funding through the placement of convertible promissory notes
in the amount of $100,000 during the period ended August 31, 2004. These
convertible notes were essentially demand notes that have a fifteen-month term
and bear interest at the rate of 8% per year. The note-holder had a right to
convert the debt into common stock of the Company at $0.01 per share. The
conversion could be done on or before the expiration or maturity date of the
note. The convertible notes were secured by the assets of the Company.

On June 1, 2005, the Company renegotiated its convertible note with the third
party and executed an unsecured promissory note which is not convertible,
carrying an interest rate at 9% per annum, and due and payable on or before
December 31, 2005.

Interest expense on note payable to officer amounted to $900 and $0 for the
years ended August 31, 2005 and 2004. Total interest expense on promissory notes
amounted to $27,049 and $16,480 for the years ended August 31, 2005 and 2004,
respectively.

NOTE 7 MARKETABLE SECURITIES


The Company's investment in securities is classified as available-for-sale and,
as such, is carried at fair value. All of the securities comprised of shares of
common stock of investee. Securities classified as available-for-sale may be
sold in response to changes in interest rates, liquidity needs, and for other
purposes. The Company does not have any held-to-maturity or trading securities
as of August 31, 2005.

Unrealized holding gains and losses for available-for-sale securities are
excluded from earnings and reported as a separate component of stockholder's
equity. Realized gains and losses for securities classified as
available-for-sale are reported in earnings based upon the adjusted cost of the
specific security sold. The Company did not have any marketable securities as of
August 31, 2004. The Company sold all of its marketable securities during the
year ended August 31, 2005 and recorded a loss of $17,921 in the accompanying
financial statements as follows:

<TABLE>
<CAPTION>
                                         Cost Basis   Sale Proceeds Realized loss

<S>                                      <C>           <C>            <C>
Marketable securities-common stock       $   81,401    $   63,480     $  17,921
                                         ==========    ==========     =========
</TABLE>


                                       31
<PAGE>

NOTE 8 COMMON STOCK AND PAID IN CAPITAL

On August 15, 2005, the Company sold 3,000,000 shares of its common stock to a
third party for a cash consideration of $300,000.

On November 2, 2004, the Company agreed to issue 13,900 post split shares to
former employee for services rendered amounting to $11,848. In May 2005, the
company renegotiated the agreement with the former employee to pay him $11,848
instead of issuing him common stock valued at $11,848. On August 28, 2005, the
Company paid a cash consideration $11,848 to settle its obligations with the
former employee.

The Board of Directors of the Company approved a one-for-one-hundred reverse
split of its common stock on October 1, 2004. The reverse split was previously
approved by the company's stockholders, and took effect on December 1, 2004. All
shares and per share data have been retroactively restated to reflect these
stock splits.

NOTE 9 INCOME TAXES

The Company has not generated any taxable income, and, therefore, no provision
for income taxes has been provided other than minimum franchise taxes paid to
the State.

Through August 31, 2005, the Company incurred net operating losses of $3,624,094
for federal tax purposes of and $2,109,592 for state tax purposes . The net
operating loss carry-forward may be used to reduce taxable income through the
year 2020. The availability of the Company's net operating loss carry-forwards
are subject to a limitation if there is a 50% or more positive change in the
ownership of the Company's stock.

The Company's total deferred tax asset is as follows:
                                                           August 31,
                                                              2005

         Tax benefit of net operating loss carryforward   $ 1,355,000
         Valuation allowance                               (1,355,000)
                                                          -----------
         Net deferred tax asset                           $        --
                                                          ===========

The following is a reconciliation of the provision for income taxes at the U.S.
federal income tax rate to the income taxes reflected in the Statement of
Operations:

<TABLE>
<CAPTION>
                                                           August 31, 2005  August 31, 2004
                                                           ---------------  ---------------

<S>                                                          <C>             <C>
         Tax expense (credit) at statutory rate-federal      $    (95,700)   $(1,073,000)
         State tax expense net of federal tax                     (27,300)      (159,000)
         Changes in valuation allowance                           123,000      1,232,000
                                                             ------------    -----------
         Tax expense at actual rate                          $         --    $        --
                                                             ============    ===========
</TABLE>


                                       32
<PAGE>

The valuation allowance increased by $123,000 to $1,355,000 through the year
ended August 31, 2005.


NOTE 10 SUPPLEMENTAL DISCLOSURES OF CASH FLOWS



The Company prepares its statements of cash flows using the indirect method as
defined under the Financial Accounting Standard No. 95.

The Company paid $800 for the franchise tax during the years ended August 31,
2005 and 2004. The Company paid $16,831 and $8,340 of interest during the years
ended August 31, 2005 and 2004, respectively.


NOTE 11 LOSS ON DISPOSAL OF SUBSIDIARY

The Company did not sell any operations during the year ended August 31, 2005.
On August 31, 2004, the Company sold, transferred and delivered all of its
assets relating to its pole vault and sports business to its former President
and director and applied it towards the notes payable to officer for $137,153.
The inventory was valued on books at $76,636 and the property and equipment were
valued at net book value of $39,556. The Company recorded a gain of $20,961 on
disposal of subsidiary, which is reflected on the income statement. The assets
sold included names, logos, trademarks, and endorsements relating to name
"EssxSport", all the equipment, tools, inventory at the Texas location and 100%
ownership stock certificates for Eonlinesports.com, Inc. The Company incurred a
loss of $154,266 for the year ended August 31, 2004 from the discontinued
operations. This amount has been separately reflected on the statement of
operations for the year ended August 31, 2004. The Company incurred a net loss
of $133,305 on the disposal of the subsidiary which has been reflected on the
income statement.

             Loss from operations of discontinued operations     $(154,266)
             Gain on disposal of subsidiary                         20,961

                                                                 ---------
             Loss on disposal of subsidiary, net                 $(133,305)
                                                                 =========


                                       33
<PAGE>

NOTE 12 GAIN OR LOSS ON SALE OF INVESTMENT

During the year ended August 31, 2005, the Company sold all of its remaining
740,000 shares held as investment in marketable securities for sale and
recognized a loss of $17,921. The Company sold 10,000 shares of stock held as
investment in marketable securities and recognized gain of $1,140 during the
year ended August 31, 2004.


NOTE 13 RELATED PARTY TRANSACTIONS

On August 31, 2004, the Company sold, transferred and delivered all of its
assets relating to its pole vault and sports business to its former President
and director and applied it towards the notes payable to officer for $137,153.
The inventory was valued on books at $76,636 and the property and equipment has
been valued at net book value of $39,556. The Company recorded a gain of $20,961
on settlement of debt which is reflected on the income statement. The assets
sold included names, logos, trademarks, and endorsements relating to name
"EssxSport", all the equipment, tools, inventory at the Texas location and 100%
ownership stock certificates for Eonlinesports.com, Inc. The President and the
director of the Company resigned effective August 31, 2004 after the
consummation of the above transaction.

NOTE 14 GOING CONCERN

The Company's financial statements are prepared using the generally accepted
accounting principles applicable to a going concern, which contemplates the
realization of assets and liquidation of liabilities in the normal course of
business. However, the Company has accumulated deficit of $5,917,151 on August
31, 2004. The Company has incurred a net loss of $308,830 for the year ended
August 31, 2005. In view of the matter described above, recoverability of a
major portion of the recorded asset amounts shown in the accompanying balance
sheets is dependent upon continued operations of the Company, which in turn is
dependent upon the Company's ability to raise additional capital, obtain
financing and to succeed in its future operations. The financial statements do
not include any adjustments relating to the recoverability and classification of
recorded asset amounts or amounts and classification of liabilities that might
be necessary should the Company be unable to continue as a going concern.

Management has taken steps to revise its operating and financial requirements,
which it believes are sufficient to provide the Company with the ability to
continue on in next twelve months. Management devoted considerable effort during
the year ended August 31, 2005, towards management of liabilities and improving
the operations. Management believes that the above actions will allow the
Company to continue its operations through the next twelve months.


NOTE 15 SUBSEQUENT EVENTS

On September 19, 2005, the Company entered into an Agreement and Plan of
Reorganization, as amended on September 21, 2005 (the "Agreement"), pursuant to
which the Company agreed to acquire all of the issued and outstanding common
stock of Wallstreet Direct, Inc. ("Wallstreet") in exchange for up to 20,000,000
shares of the Company's common stock. Upon closing of the exchange transaction,
Wallstreet will become a wholly-owned subsidiary of the Company, and the current
Company shareholders will own 4,394,530 shares or 18% of the issued and
outstanding shares of the Company's common stock, and the former shareholders of
Wallstreet will own 20,000,000 shares or 82% of the issued and outstanding
shares of the Company's common stock. The transaction is yet to consummate.



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