CURRENT REPORT FOR ISSUERS SUBJECT TO THE
                         1934 ACT REPORTING REQUIREMENTS

                                   FORM 10-KSB

                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549


  Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act

                   For the Fiscal Year Ended December 31, 2006

                             SLOPESTYLE CORPORATION
             (Exact name of registrant as specified in its charter)

           Texas                      000-52235                 75-2834498
----------------------------    ------------------------    --------------------
(State or other jurisdiction    (Commission File Number)    (IRS Employer
 of incorporation)                                           Identification No.)

                      1111 Hughes Court Wylie, Texas 75098
               (Address of principal executive offices (zip code))

                                 (972) 442-4314
              (Registrant's telephone number, including area code)



                                (Former address)

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

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Act of 1934 during the past
12 months  and (2) has been  subject  to such  filing  requirement  for the past
90days Yes [X] No [ ].

Indicate by a check mark  whether the company is a shell  company (as defined by
Rule 12b-2 of the Exchange Act: Yes [ ] No [ X ].

Aggregate  market  value  of the  voting  stock  held by  non-affiliates  of the
registrant as of December 31, 2006:     $ -0-

Shares of common stock outstanding at December 31, 2006:  5,815,550








<PAGE>


PART I.

ITEM 1.  DESCRIPTION OF BUSINESS

We were  incorporated  on June 25,  1999 in the  State of Texas.  Our  executive
offices are located at 1111 Hughes Court,  Wylie,  Texas.  We are engaged in the
home  restoration and mold  remediation  business.

General

We are a company that is in the  restoration and mold  remediation  business for
residential and commercial  structures.  When damage by wind, fire, flood or any
other  catastrophic  event is experienced,  we offer  cleaning,  restoration and
remediation  services.  We are  certified in mold  remediation,  licensed by the
State of Texas  and  fully  approved  by The Texas  Department  of State  Health
Services

Restoration:
         The restoration  business is a highly  competitive  industry due to low
         economic and education  barriers of entry.  Although timely  receivable
         collections  can be  problematic,  restoration  contractors  experience
         minimal  credit risk since many times their bills are paid by insurance
         companies,  a  significant  advantage  over  residential   contractors.
         Finally,  the  restoration  industry  is  largely  recession  proof and
         non-cyclical.  Hurricanes,  tornadoes,  hail storms,  floods and fires,
         along with a host of other  natural  and  man-made  perils,  combine to
         generate a year-round stream of potential  customers without regard for
         the state of the economy.

         We generate  revenue through a number of strategies.  These  strategies
         include referrals by insurance  companies,  relationships  with general
         contractors,  and  relationships  with  local  business  and  municipal
         leaders.  Customers  are located by visiting  and  campaigning  at loss
         locations  immediately  following  a  tornado,  fire or  flood.  Such a
         process involves establishing  credibility by discussing and submitting
         prior work performed, obtaining all necessary and appropriate licenses,
         and networking with on-the-ground adjusters and professional personnel.
         Upon securing restoration contracts, subcontractors are engaged through
         a formal bid process.  We are  dependent on  subcontractors  to perform
         restoration  work and manage the quality and timeliness of this work by
         a company  foreman  responsible  for the  management of the entire work
         process.  At any one time,  our foreman can have up to ten  contractors
         working the job site. The  subcontractors  are local suppliers of trade
         skills and work  exclusively  for us under a written  contract  for the
         term  of  the  restoration  contract.  Prior  to the  restoration  work
         commencing,  we do compete for  subcontractors,  however once contracts
         are signed and work begins, the subcontractor  works exclusively for us
         until the job is complete.

         Our restoration business  concentrates on the restoration of single and
         multi family  dwellings  that can be restored  through the  contracting
         with local contractors and  subcontractors.  We have made the strategic
         decision  to  focus  our   restoration   business  on   moderately   to
         substantially  damaged  structures,  staying  away  from  "total  loss"
         situations as defined by insurance  companies.  This strategy allows us
         to more quickly restore structures.

         Home  restoration  typically  involves the  replacement  of  structural
         components,  specifically,  load bearing beams, walls, roofs, ceilings,
         floors,  and other structural  necessities.  We draw on contractors and
         subcontractors  with  home  building  experience  and  manage  the work
         performed through on-site foremen.

         There are generally two parts to the restoration industry,  remediation
         (or mitigation) and  reconstruction.  As the name implies,  remediation


                                       2
<PAGE>

         means stopping or reducing further losses. It includes such services as
         water  extraction  and smoke  removal,  and is often limited to working
         with a structure's  interior and its contents.  The reconstruction side
         of  the  business  involves   demolition  and  replacement  of  damaged
         structural components. Since the restoration industry is a relationship
         driven business,  we have consistently followed a marketing approach of
         building  relationships with contractors,  local municipal leaders, and
         insurance  companies.   Securing  contracts  on  losses  not  involving
         existing  relationships  often involves  following  storms and/or other
         natural  disasters.  We  continue  to follow  traditional  methods  for
         obtaining  restoration  work. We compete for  restoration  contracts at
         loss locations. We use a variety of techniques to determine where there
         are losses from fire, wind, storm etc. and to position  ourselves to be
         in contact with the decision maker on each loss.

         Our restoration construction company operates in a multi-billion dollar
         per year  industry  where there are low barriers to entry and little to
         no regulation.  Consequently  the industry is fragmented with thousands
         of restoration contractors ranging in size from international giants to
         independent  contractors.  However,  despite the industry confusion and
         competition,  we seek to maintain a  competitive  advantage  over other
         restoration   companies   with  our  work  quality,   timeliness,   and
         professional delivery of our services.


         We are  subject  to  various  state  and  local  laws  and  regulations
         regarding construction activities and building codes.

Remediation:

     When  mold in a  structure  has been  identified,  the  basic  concepts  of
     cleaning, restoration and mold remediation are:
     *    Identify and stop the moisture source. Examples of sources can be roof
     leaks,  condensation pan or drain line leaks,  plumbing leaks,  sewage line
     leaks,  shower pan leaks, wall leaks,  (especially  around windows),  found
     water leaks, improper insulation associated with HVAC systems, or any other
     source found to cause elevated moisture or humidity levels.

     *    Dry the area.  Until the building  materials  are dried to  acceptable
     levels, mold will still likely grow. The drying process should be done in a
     manner  not to cause  the  spread of mold  spores or spread  molds to other
     parts of the  building  not  previously  affected  by the water or moisture
     problem.  The  drying  industry  should be  referenced  for  proper  drying
     techniques.
     *    Perform remediation. After the moisture source has been identified and
     corrected  and the wet areas dried,  then the  remediation  activities  can
     begin.  The remediation may consist of either the removal of or cleaning of
     water damaged and/or mold damaged materials.  It is often the case that the
     drying process and the remediation process are done at the same time. There
     is  usually  no need to dry  water-damaged  materials  that will need to be
     removed as part of the  remediation  process.  The  remediation can include
     several  different  types of work  activities  depending on the area of the
     structure being addressed, as well as the quantities of materials affected.
          These activities can include:
     *    removal of the affected area including paneling, wallboard,  flooring,
     ceiling, and wood infrastructure to remove all mold damaged materials
     *    if the affected area is not removed the affected area will be cleaned,
     sanitized and dried to remove all mold contamination
     *    ensure the affected area is free of contaminated materials
     *    Final Clearance Tests - Upon completion of the remediation phase a new
     series of tests must be completed to assess  successful  elimination of the
     source of toxins,  allergens, and other IAQ problems.  Surface testing with
     either bulk tape or bulk scraping would show no active fungal presence. Air
     testing (total bioaerosol  collections) should show similar  indoor/outdoor
     populations.  Passing  this  test is  required  prior  to  moving  into the
     reconstruction phase.

         We will perform all these remediation  processes as necessitated by the
     particular job.


                                       3
<PAGE>

         We have  witnessed  that  dealing with mold  contamination  indoors has
         evolved into a specialty  industry.  Many  individuals in the cleaning,
         restoration,  hazardous  materials,  and industrial hygiene fields have
         noticed this evolution,  from common construction nuisance to specialty
         remediation   service.   The  legal   profession  has  not  missed  the
         opportunity   toward  uniform   treatment  of  mold   contamination  in
         buildings,  where  many  suits  have  been  brought  against  insurance
         companies  claiming  damage from mold thereby driving the growth in the
         mold  remediation   industry  and  the  attention  that  the  insurance
         companies did not treat mold claims uniformly.  The legal profession is
         taking  this  opportunity  to  force  the  establishment  of a  uniform
         treatment  of  mold  contamination  in  buildings.   In  addition,  the
         International  Association of Mold Remediation  Specialists publishes a
         remediation  guide  which  promotes  competence  and  quality  in  mold
         mitigation  and  remediation  through  research  and  education.  Their
         materials can be viewed at www.iamrs.org.

         In general terms,  mold is commonly  identified as a black mossy fungus
         that grows in dark and non-lit  areas of walls and floors and  ceilings
         which are exposed to moisture.  More  technically,  mold is a life form
         that thrives on water and can grow at relative  humidity of above 60 %.
         Molds produce tiny spores that reproduce and float through the air both
         inside and outside.  These spores give off by-products such as volatile
         organic  compounds and mycotoxins.  Mycotoxins are naturally  occurring
         substances  produced by fungi as a secondary  metabolite that typically
         affords the  organism  survival.  Exposure to these spores has shown to
         cause a variety of health  problems and allergic  reactions.  When mold
         spores  land on a damp  surface  indoor,  they may  begin  growing  and
         digesting whatever they land on in order to survive.  This can be wood,
         paper,  carpet or foods. If the mold continues to grow un-addressed,  a
         problem  with mold can result and cause a situation  where it has to be
         removed, often through demolition of the substance it is growing on.

Specialty Rug Cleaning:
         The Company also provides services for specialty rug cleaning. Rugs are
         highly  susceptible  to damage due to water,  fire,  or  general  dirty
         conditions.  The first step in the cleaning process is to know what you
         are  cleaning  and what damage the object has  sustained.  We perform a
         fiber ID test to  determine  the  content  of the rug.  This is because
         different fibers and materials  require different  cleaning  solutions.
         Additionally,  rugs with  cotton  fringes or wool face  yearns  must be
         cleaned differently than other fiber content rugs. The primary steps in
         specialized cleaning include:

         Thorough commercial vacuum application
         Reverse  raised  air-flow  table  treatment-compressed  air  is  forced
         through  the back of the rug to remove  particle  matter out of the rug
         face. A dye  application  to prevent color fading or running during the
         cleaning process.
         Rug submersion in custom built self contained  pool.  Clean fresh water
         is  constantly  circulated  and residue is filtered away from the pool.
         Forced air drying process.
         All fringes are hand treated and combed.
         Rug  is  placed  in  our  drying  house  and subsequently inspected for
         cleanliness.

BUSINESS OPERATIONS:

Restoration and Remediation:
The company employs a strict four step remediation process. This includes:

          Project sequence planning
     1.   Containment and exposure control
     2.   Removal and disposal of contaminated material
     3.   Hygienic cleaning of surfaces



                                       4
<PAGE>

The importance of constructing  proper  containments  cannot be over-emphasized.
These   containments    control   the   environment/air   flow   and   eliminate
cross-contamination,  restricting  expansion  of the  problem  and  curbing  the
associated  cost.  Standards  such as the New York  City  Department  of  Health
Guidelines on Assessment and  Remediation of Fungi in an Indoor  Environment are
valuable and followed by the company.  The standards and testing utilized by the
New York City Department of Health include:

Systemic Analysis:
         Health Effects such as runny nose, eye irritation,  cough,  congestion,
         asthma aggravation, headache and fatigue. Immunological Effects such as
         allergies and lung damage. Toxic Effects including  respiratory and eye
         irritations and the inability to concentrate.  Infectious  Disease such
         as aspergillosis.
         Medical Evaluation
         Medical Relocation

Remediation Analysis:
         Visual Inspection
         Bulk/Surface Sampling
         Air Monitoring
         Analysis of environmental samples
         Remediation as needed.  This includes small isolated  areas,  mid-sized
         isolated  areas,  large  isolated  areas,  and extensive  contamination
         remediation. Demolition and removal of contaminated materials.

The standards  set forth by the New York  Department of Health were the first in
the nation and are acting as a basic guide for all mold remediation.  We believe
the above  standards  are  comprehensive  and provide a solid plan in  executing
operations.  We believe  adhering to these  standards will ensure a complete and
successful  remediation process. In each of our jobs, we review these guidelines
and determine  which ones apply to our  particular  job and then follow them. We
ensure the adherence by  subcontractors  to standards  determined by the company
through a specific  and detailed  Scope of Work and Work Plan  designed for each
job site.  The Scope of Work and Work Plan itemizes and details the specific job
functions  and duties to be performed  and is reviewed on a daily basis by a job
foreman responsible to our management. Summary reports are transferred by fax or
email to our  corporate  offices  with  progress  reports and  digital  pictures
identifying work  progression.  Through this policing  activity and specific job
requirements  we  are  able  to  maintain  subcontractor   compliance  with  our
performance standards.

In addition to the foregoing,  the company augments the remediation process with
lab testing, consultation, final testing and reconstruction where required.

GOVERNMENT REGULATION:
At the  present  time  there  are no  federal  government  regulations  for mold
remeditators.  We believe any legislation  requiring licensing and certification
to be in our favor as we have numerous  licenses and  certifications as detailed
in the  section  below.  On January 1, 2005,  the State of Texas  Department  of
Health  adopted  rules  for the  testing,  licensing  and  registration  of mold
remediators.  The rules as they have been adopted require potential licensees to
take a course approved by the Texas Department of Health,  take an exam given by
them,  and then pay a license  fee. We believe  that as of this date,  we are in
compliance with all the new rules,  having taken the required exam. All licenses
are  current  and  all  related  fees  are  paid  up  to  current  requirements.
Additionally,   all  subcontractors  that  require  licensing  to  perform  mold
remediation are confirmed by us through submission of relevant certification and
licensing  requirements.  These  documents and licenses are then confirmed by us
through state records.

OUR QUALIFICATIONS
We presently have several  certification and licenses  pertinent to our industry
and anticipate  qualifying for the new license  without  further issues since we


                                       5
<PAGE>

already have all the qualifications as outlined in Legislative Update on HB 329,
the  act  that  relates  to  Texas  state   regulation  of  mold  assessors  and
remediators, which can be seen at http://www.texasboma.org/legislative_update_
4_22_03.htm.

The licenses we currently hold are:

Institute of Inspection, Cleaning and Restoration
         IIRC - Carpet Cleaning
         IIRC - Upholstery & Fabric Cleaning
         IIRC - Journeyman Textile Cleaner
         IIRC - Odor Conrol
GEBCO Assocaites:
         Mold Remediation Contractor        Certificate No. 05077
Texas Department of Health Services:
         Mold Remediation Contractor        License No. MRC0329.

INDUSTRY & COMPETITION:

The mold remediation  industry is not highly competitive.  Most of the companies
have developed  their mold  remediation  business as a progression and add on to
their restoration business or their air quality business, having much experience
leading up to their involvement in the mold remediation industry. We believe our
major competitors to be specialty  remediation and cleaning  companies,  some of
which are  national  in scope.  Most  companies,  however,  are either  local or
regional in scope.  The nature of the restoration  and  remediation  business is
labor  intensive  and  therefore is  performed  more  accurately  by people in a
standardized  environment.  However, the company has a competitive  advantage in
standardized  processes,  training and services and can duplicate this system in
any part of the country.

We believe our greatest competition is from nationally franchised operators, the
three  largest of which are  Service  Master,  Blackmon  Mooring,  and  Servpro.
However, their success is based not only upon the nationally known name but upon
the  franchisee  and the  reputation  he/she  is able to  establish.  Since  the
industry is relatively new and much of the work is localized, we dont see having
a national  franchise  name as that much of an  advantage.  We have been able to
concentrate our marketing and sales on companies that have ongoing business, for
example, home builders and developers.

Our methods of competing are through  establishing  relationships  with builders
and  developers  where  we can  solicit  business  from  those  who can  give us
continual referrals.

Future  products  and  services:
At the  present  time,  we do not have  plans to  develop  or market  additional
products or services.

Sources and Availability of Raw Material:
We are a service  business  and do not use raw  materials.  We use  products  in
performing our service that are readily available from many sources.

Dependence on One or a Few Major Customers:
We are not dependent on any one or a few major customers.

Costs and Effects of Compliance with Environmental Laws:
We are not aware of nor do we anticipate  any  environmental  laws with which we
will have to comply.



ITEM 2.  DESCRIPTION OF PROPERTY

Our corporate and retail facilities are located in a 2,400 square foot warehouse
building  which we rent on a month to month basis from a related party at a fair
market value of $650 per month.



                                       6
<PAGE>

ITEM  3. LEGAL PROCEEDINGS

The company is not involved in any legal proceedings.


ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

The Company did not submit any matters to a vote to the security  holders during
2006.













                                       7
<PAGE>


PART II.

ITEM 5.  MARKET FOR REGISTRANT'S COMMON EQUITY AND RELATED STOCKHOLDERS MATTERS

The Common Stock is not currently quoted on any exchange.

Shareholders

As of December 31, 2006, there were 112 record holders of the Common Stock.

Dividends

The  Company has not paid cash  dividends  on any class of common  equity  since
formation  and the  Company  does not  anticipate  paying any  dividends  on its
outstanding common stock in the foreseeable future.

Warrants

The Company has no warrants outstanding.


ITEM 6.  MANAGEMENT DISCUSSIONS AND ANALYSIS OR PLAN OF OPERATION

Our fiscal quarter and fiscal year ended on December 31, 2006.

REVENUE.  Revenue for the three  months ended  December  31,  2006,  was $16,793
compared with revenues for the three months ended  December 31, 2005 of $52,403.
Revenue for the twelve months ended December 31, 2006, was $85,670 compared with
revenues for the twelve months ended December 31, 2005,of $167,095. The decrease
in sales  was due to two  factors;  firstly,  a more  concentrated  focus on our
remediation  business  which  generally  provides a greater  gross  profit,  and
secondly,  more time spent on administrative  matters,  more particularly,  time
spent on audit and legal matters relating to our filings.

DIRECT COSTS: Direct costs were $50,409 for the twelve months ended December 31,
2006  compared to $106,193 for the same period in 2005.  The decrease in cost of
sales related to the reduced sales and the concentration on getting  remediation
work which has a lower cost per dollar earned and one time expenses.

EXPENSES.  Total  expenses  without  depreciation  for the twelve  months  ended
December  31, 2006 were $94,387  compared  with  expenses for the twelve  months
ended  December 31, 2005 of $65,844.  The expense  increase was 43%. One: due to
increased focus on the remediation business, and two: expenses attributed to the
filings with the U.S.  Securities & Exchange  Commission.  This expense does not
include  Depreciation  expense was and $15,514 and $11,964 for the twelve months
ended December 31, 2006 and 2005 respectively.

NET INCOME  (LOSS).  Net loss for the twelve months ended  December 31, 2006 was
$74,358  compared to a net loss of $16,938 for the twelve months ended  December
31, 2005. The change was due to the decrease in sales and increase in expenses.

LIQUIDITY AND CAPITAL  RESOURCES.  Slopestyle filed on Form SB-1, a registration
statement with the U.S. Securities & Exchange Commission in order to raise funds
to develop  their  business.  The  registration  statement  became  effective on
September  14, 2006 and  Slopestyle  has raised  funds  under that  registration
statement at $0.50 per share,  all after  September  30,  2006.  As of March 31,
2007,  Slopestyle has raised $183,475 by selling 366,950 shares.  As of December
31, 2006, our cash balance was $131,402.


                                       8
<PAGE>



ITEM 7.  FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

The financial statements of the Company, together with the independent auditors'
report thereon of The Hall Group,  CPA's appear on pages F-1 through F-9 of this
report.


             REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM


To the Board of Directors and Management of
Slopestyle Corporation
Wylie, Texas

We have audited the accompanying  balance sheet of Slopestyle  Corporation as of
December  31,  2006 and the related  statements  of  operations,  cash flows and
stockholders'  equity for the years  ended  December  31,  2006 and 2005.  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  financial  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 provides 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 Slopestyle  Corporation as of
December 31, 2006,  and the results of its operations and its cash flows for the
years then ended in conformity with accounting  principles generally accepted in
the United States of America.






/s/  The Hall Group, CPAs
-------------------------
The Hall Group, CPAs
Dallas, Texas

January 31, 2007


                                      F-1
<PAGE>


                             SLOPESTYLE CORPORATION
                                  Balance Sheet
                               December 31, 2006

                                     ASSETS
Current Assets
      Cash and Cash Equivalents                                       $ 131,402
      Receivables-Related Parties                                         6,000
                                                                      ---------
          Total Current Assets                                          137,402

Fixed Assets
      Vans                                                               52,373
      Cleaning Equipment                                                 27,146
      Computer                                                            2,249
      Trailer                                                             1,977
      Leasehold Improvements                                             21,518
      Less: Accumulated Depreciation and Amortization                   (51,405)
                                                                      ---------
          Total Fixed Assets                                             53,858
                                                                      ---------

               TOTAL ASSETS                                           $ 191,260
                                                                      =========


                        LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities
      Accounts Payable                                                $  35,371
      Due from Related Parties                                           10,764
                                                                      ---------
          Total Liabilities (All Current)                                46,135

Stockholders' Equity
      Common stock, $.001 par value, 50,000,000 shares authorized,
          5,815,550 shares issued and outstanding                         5,816
      Additional Paid-In Capital                                        221,609
      Retained Earnings (Deficit)                                       (82,300)
                                                                      ---------
          Total Stockholders' Equity                                    145,125
                                                                      ---------

               TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY             $ 191,260
                                                                      =========


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

                                      F-2
<PAGE>


                             SLOPESTYLE CORPORATION
                            Statements of Operations
                 For the Years Ended December 31, 2006 and 2005


                                                         2006           2005
                                                     -----------    -----------

REVENUES                                             $    85,670    $   167,095

OPERATING EXPENSES
      Direct Labor and Other Costs                        50,409        106,193
      Advertising                                         13,965         11,523
      General and Administrative                          80,422         54,321
      Depreciation and Amortization                       15,514         11,964
                                                     -----------    -----------
           TOTAL OPERATING EXPENSES                      160,310        184,001
                                                     -----------    -----------

NET OPERATING (LOSS)                                     (74,640)       (16,906)

OTHER INCOME (EXPENSE)
      Interest Income (Expense)                              282            (32)
                                                     -----------    -----------
           TOTAL OTHER INCOME (EXPENSE)                      282            (32)
                                                     -----------    -----------

NET (LOSS) BEFORE INCOME TAXES                           (74,358)       (16,938)

      Provision for Income Taxes (Expense) Benefit             0              0
                                                     -----------    -----------

NET (LOSS)                                           $   (74,358)   $   (16,938)

      Beginning Retained Earnings (Deficit)               (7,942)         8,996
                                                     -----------    -----------

ENDING RETAINED EARNINGS (DEFICIT)                   $   (82,300)   $    (7,942)
                                                     ===========    ===========
EARNINGS PER SHARE

      Weighted Average of Outstanding Shares           5,537,506      5,500,000
                                                     ===========    ===========
      Income (Loss) for Common Stockholders          $     (0.01)   $     (0.00)
                                                     ===========    ===========


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


                                       F-3
<PAGE>

<TABLE>

<CAPTION>

                             SLOPESTYLE CORPORATION
                  Statement of Changes in Stockholders' Equity
                 For the Years Ended December 31, 2006 and 2005


                                               Common Stock                Paid-In             Retained
                                          Shares          Amount           Capital         Earnings (Deficit)       Totals
                                       -------------   --------------  -----------------   -------------------------------------
<S>                                                                    <C>                 <C>                 <C>

Beginning Stockholder's Equity            5,500,000            5,500             64,149               8,996              78,645

Net (Loss)                                        0                0                  0             (16,938)            (16,938)
                                       -------------   --------------  -----------------   -----------------   -----------------

Ending Stockholder's Equity               5,500,000    $       5,500   $         64,149    $         (7,942)   $         61,707

Issuance of Common Stock
    for Cash                                315,550              316            157,460                   0             157,776

Net (Loss)                                        0                0                  0             (74,358)            (74,358)
                                       -------------   --------------  -----------------   -----------------   -----------------

Ending Stockholders' Equity               5,815,550    $       5,816   $        221,609             (82,300)   $        145,125
                                       =============   ==============  =================   =================   =================

</TABLE>

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

                                      F-4

<PAGE>

<TABLE>

<CAPTION>

                             SLOPESTYLE CORPORATION
                            Statements of Cash Flows
                 For the Years Ended December 31, 2006 and 2005

                                                                    2006         2005
                                                                  ---------    ---------
<S>                                                               <C>          <C>
CASH FLOWS FROM OPERATING ACTIVITIES
      Net (Loss)                                                  $ (74,358)   $ (16,938)
      Adjustments to reconcile net loss to net cash
       provided by operating activities:
           Depreciation and Amortization                             15,514       11,964
           Decrease in Accounts Receivable                           12,631        3,921
           Decrease in Prepaids                                           0          525
           (Increase) in Receivable from Related Parties             (6,000)           0
           Increase in Accounts Payable                              35,371            0
           Increase in Due from Related Parties                      10,764            0
           (Decrease) in Accrued Expenses                              (970)        (505)
                                                                  ---------    ---------

               Net Cash (Used) by Operating Activities               (7,048)      (1,033)

CASH FLOWS FROM INVESTING ACTIVITIES
      Purchase of Leasehold Improvements                            (21,518)           0
                                                                  ---------    ---------

               Net Cash Provided (Used) by Investing Activities     (21,518)           0

CASH FLOWS FROM FINANCING ACTIVITIES
      Note Payments                                                       0       (4,422)
      Sale of Common Stock for Cash                                 157,776            0
                                                                  ---------    ---------

               Net Cash Provided (Used) by Financing Activities     157,776       (4,422)
                                                                  ---------    ---------

NET INCREASE IN CASH AND CASH EQUIVALENTS                           129,210       (5,455)

CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR                        2,192        7,647
                                                                  ---------    ---------

CASH AND CASH EQUIVALENTS AT END OF YEAR                          $ 131,402    $   2,192
                                                                  =========    =========

SUPPLEMENTAL DISCLOSURES

      Cash Paid During the Year for Interest Expense              $       0          741
                                                                  =========    =========
</TABLE>


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

                                      F-5
<PAGE>


                             SLOPESTYLE CORPORATION
                        NOTES TO THE FINANCIAL STATEMENTS
                                DECEMBER 31, 2006


NOTE 1 - NATURE OF ACTIVITIES AND SIGNIFICANT ACCOUNTING POLICIES
-----------------------------------------------------------------

         Nature of Activities, History and Organization:
         -----------------------------------------------

         Slopestyle  Corporation  operates  under the names Carpet Star of Texas
         and Absolute  Remediation as a carpet cleaning,  home restoration,  and
         mold  remediation  business for residential and commercial real estate.
         The company is located in Wylie, Texas and was incorporated on June 30,
         1999 under the laws of the State of Texas.

         Significant Accounting Policies:
         --------------------------------

         The  Company's  management  selects  accounting   principles  generally
         accepted in the United  States of America and adopts  methods for their
         application.  The  application  of accounting  principles  requires the
         estimating,  matching  and timing of revenue  and  expense.  Below is a
         summary  of  certain   significant   accounting  policies  selected  by
         management.

                  Basis of Presentation:
                  ---------------------

                  The Company  prepares its financial  statements on the accrual
                  basis of accounting.

                  Cash and Cash Equivalents:
                  --------------------------

                  All highly  liquid  investments  with  original  maturities of
                  three  months or less are  stated at cost  which  approximates
                  market value.

                  Revenue Recognition:
                  --------------------

                  Revenue is recognized at completion of services.

                  Accounts Receivable:
                  --------------------

                  Accounts  receivable is valued net of a provision for doubtful
                  accounts based on a review of collectibility.  Accounts deemed
                  uncollectible   are  applied  to  an  allowance  for  doubtful
                  accounts  and charged  against  earnings.  As of December  31,
                  2006, and 2005 the balance in the allowance is $1,851 and $371
                  respectively.  Net accounts receivable at December 31, 2006 is
                  $0.

                  Income Taxes:
                  -------------

                  Income  from the  corporation  is taxed at  regular  corporate
                  rates per the Internal  Revenue Code.  There are no provisions
                  for current taxes due to net available operating losses.

                                      F-6
<PAGE>



                             SLOPESTYLE CORPORATION
                        NOTES TO THE FINANCIAL STATEMENTS
                                DECEMBER 31, 2006


NOTE 1 - (CONTINUED)
--------------------

                  Fixed Assets:
                  -------------

                  Fixed Assets are  depreciated  over their useful lives ranging
                  from 5 to 7 years.  Repairs  and  maintenance  is  charged  to
                  expense as incurred.

                  Earnings (Loss) per Share:
                  --------------------------

                  Earnings  (loss) per share  (basic) is  calculated by dividing
                  the net income (loss) by the weighted average number of common
                  shares outstanding for the period covered.  As the Company has
                  no potentially  dilutive  securities,  fully diluted  earnings
                  (loss) per share is  identical  to  earnings  (loss) per share
                  (basic).

                  Use of Estimates:
                  -----------------

                  The  preparation  of financial  statements in conformity  with
                  generally accepted  accounting  principles requires management
                  to make estimates and assumptions that affect certain reported
                  amounts and  disclosures.  Accordingly,  actual  results could
                  differ from those estimates.


NOTE 2 - FIXED ASSETS
---------------------

         Fixed assets at December 31, 2006 are as follows:
         -------------------------------------------------

                  Vans (4)                                           $   52,373
                  Equipment in Vans                                      27,146
                  Computer                                                2,249
                  Trailer                                                 1,977
                  Leasehold Improvements                                 21,518
                  Less:  Accumulated Depreciation and Amortization      (51,405)
                                                                     ----------

                           Total Fixed Assets                        $   53,858
                                                                     ==========

         Depreciation and  amortization  expense was $15,514 and $11,964 for the
         years ended December 31, 2006 and 2005, respectively.



                                      F-7
<PAGE>


                             SLOPESTYLE CORPORATION
                        NOTES TO THE FINANCIAL STATEMENTS
                                DECEMBER 31, 2006


NOTE 3 - NOTES PAYABLE
----------------------

         The Company acquired four vans through financing with the Seller. These
         notes were paid off as of December 31, 2006.

         No interest  expense was incurred for the year ended  December 31, 2006
         and $741 was incurred for the year ended December 31, 2005.


NOTE 4 - COMMON STOCK
---------------------

         The Company is  authorized to issue  50,000,000  common shares at a par
         value of $0.001 per share.  These  shares have full voting  rights.  At
         December 31, 2006, there were 5,815,550 shares outstanding as follows:

                                                                 Shares
                                                                 ------

                  At Inception                                  500,000
                  December 20, 2002                           5,000,000
                  October 30, 2006                              194,100
                  December 6, 2006                                7,200
                  December 18, 2006                              15,600
                  December 20, 2006                              68,650
                  December 22, 2006                              13,000
                  December 26, 2006                              17,000
                                                              ---------

                           Total Shares Outstanding           5,815,550
                                                              =========

         At December 20, 2002 , the Company  issued  5,000  shares of stock,  in
         exchange for assets totaling  $102,102 and assumption of liabilities of
         $33,453, and recorded additional paid in capital of $68,649. All values
         were based on current market value as of December 20, 2002. On December
         9, 2005, the Company  formalized a 10 for 1 stock split effective as of
         December 20, 2002,  which  effectively  increased the stock issued from
         5,500 to 5,500,000.

         The Company  issued  315,550  shares of stock in 2006.  All shares were
         sold  under  the  Company's  SB-1  registration   statement   effective
         September 2006.


NOTE 5 - INCOME TAXES
---------------------

         The Company had net losses for the years  ended  December  31, 2006 and
         2005, and therefore  incurred no tax liabilities.  As there is doubt as
         to whether the Company  will recoup  these  losses in future  years and
         therefore realize the related tax benefits of accumulated  losses,  any
         deferred tax benefit has been fully reserved.


                                      F-8
<PAGE>


                             SLOPESTYLE CORPORATION
                        NOTES TO THE FINANCIAL STATEMENTS
                                DECEMBER 31, 2006


NOTE 6 - COMMITMENTS AND CONTINGENCIES
--------------------------------------

         The Company leases warehouse space under a one year lease which expires
         in December 2007.  Future  minimum  rental  obligations at December 31,
         2006 are as follows:

                    Year Ended
                    ----------
                      2007                          $     7,800
                      2008                                    0
                      2009                                    0
                      2010                                    0
                      2011 and After                          0
                                                    -----------

                              Totals                $     7,800
                                                    ===========

         Rent  expense  was $6,128 and $6,660 for the years ended  December  31,
2006 and 2005, respectively.


NOTE 7 - RELATED PARTY TRANSACTIONS
-----------------------------------

         Warehouse space is rented from a related party at fair rental value.

         A related  party owes the Company  $6,000 at December  31, 2006 for the
         down payment on a personal asset.

         The  Company  owes a related  party  $10,764 at  December  31, 2006 for
         operating expenses paid on the Company's behalf.








                                      F-9





ITEM 8.  CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
         FINANICAL DISCLOSURES

None.

ITEM 8A. CONTROLS AND PROCEDURES

(a)      Evaluation of disclosure controls and procedures
         ------------------------------------------------

         We maintain controls and procedures designed to ensure that information
         required to be  disclosed  in the reports  that we file or submit under
         the Securities Exchange Act of 1934 is recorded, processed,  summarized
         and reported  within the time periods  specified in the rules and forms
         of the Securities and Exchange Commission.  Based upon their evaluation
         of those controls and procedures performed within 90 days of the filing
         date of this  report,  our chief  executive  officer and the  principal
         financial officer concluded that our disclosure controls and procedures
         were adequate.

(b)      Changes in internal controls
         ----------------------------

         There were no significant  changes in our internal controls or in other
         factors that could  significantly  affect these controls  subsequent to
         the date of the  evaluation  of those  controls by the chief  executive
         officer and principal financial officer.





















                                       9
<PAGE>



PART III.

ITEM 9.  DIRECTORS AND EXECUTIVE OFFICERS OF REGISTRANT

As of December 31, 2006,  the following  persons serve as directors and officers
of the Company.

Reed T. Buley          48      President; Secretary and Director

Mr.  Buley  graduated  from  Trinity  Valley  Community  College in 1992.  Since
graduation he has held various management and operations positions before moving
into the restoration  business.  In the course of the restoration  business,  he
added the  remediation  and other  specialty  services.  He was the manager of a
water and fire restoration  company serving the Dallas/Fort Worth metroplex from
2000 until 2002 when he became President of Slopestyle Corporation.  He has been
the President of Slopestyle Corporation since December 2002.


ITEM 10. EXECUTIVE COMPENSATION

Our executive officer received $48,829 in 2006.
















                                       10
<PAGE>


ITEM 11. SECUIRTY OWNERSHIP OF MANANGEMENT AND BENEFICIAL OWNERS


As of December 31, 2006,  the following  persons are known to the Company to own
5% or more of the Company's Voting Stock:

Title / relationship                                     Amount     Percentage
to Issuer                  Name of Owner                 Owned         Owned
--------------------------------------------------------------------------------

President, Secretary
       and Director        Reed T. Buley                 5,000,000    85.98%

Shareholder                Southern Fiduciary
                            Financial, Inc. *              500,000     8.60%


* Shirley Reynolds is the beneficial owner of Southern Fiduciary Financial, Inc.













                                       11
<PAGE>



ITEM 12.          CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTION

None.


ITEM 13. EXHIBITS, FINANICAL STATEMENTS AND REPORTS ON FORM 10-KSB

(a) The following  documents are filed as part of this report:  Included in Part
II, Item 7 of this report:

        Report of Independent Public Accountant

        Balance Sheet as of December 31, 2006

        Statement of Operations - For the Years Ended December 31, 2006 and 2005

        Statement of Stockholders Equity - For the Years Ended December 31, 2006
        and 2005

        Statement of Cash Flows - For the Years Ended December 31, 2006 and 2005

        Notes to Financial Statements

(b) The company filed the following Form 8-Ks in 2006.

None.

(c) Exhibits

31       Certification

32       Certification Pursuant to 18 U.S.C. Section 1350, as adopted pursuant
         to Section 906 of the Sarbanes-Oxley Act of 2002 - CEO and CFO



ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES

(1) AUDIT FEES

The aggregate fees billed for  professional  services  rendered by our auditors,
for the audit of the registrant's annual financial  statements and review of the
financial  statements  included in the registrant's Form 10-KSB or services that
are  normally  provided by the  accountant  in  connection  with  statutory  and
regulatory filings or engagements for fiscal year 2006 was $5,500.

(2) AUDIT-RELATED FEES

$5,500

(3) TAX FEES

NONE

(4) ALL OTHER FEES

NONE



                                       12
<PAGE>


(5) AUDIT  COMMITTEE  POLICIES AND PROCEDURES The Company does not have an audit
committee.

(6) If greater than 50 percent, disclose the percentage of hours expended on the
principal accountant's engagement to audit the registrant's financial statements
for the most  recent  fiscal  year that were  attributed  to work  performed  by
persons other than the principal accountant's full-time, permanent employees.

Not applicable.






















                                       13
<PAGE>



                                   SIGNATURES

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
Registrant has duly caused this Annual Report on Form 10-KSB to be signed on its
behalf by the undersigned hereunto duly authorized.


SLOPESTYLE CORPORATION.

By:  /s/ Reed T. Buley
     -----------------
         Reed T. Buley
         Chief Executive Officer & Chief Financial Officer

Dated: April 10, 2007















                                       14