**UNITED      STATES**

**SECURITIES      AND EXCHANGE COMMISSION**

**Washington,      D.C. 20549**

**FORM      10-K/A**

**(Amendment      No. 1)**

**x      ANNUAL REPORT PURSUANT      TO SECTION 13 OR 15(d) OF THE**

**SECURITIES      EXCHANGE ACT OF 1934**

**For      the fiscal year ended December 31, 2006**

**TRANSITION      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE**

**SECURITIES      EXCHANGE ACT OF 1934**

**For      the transition period from _____________to_______________**

|   | **0-15152**                           |   |
|--------|---------------------------------------|--------|
|   | Commission                File Number |   |

**GUIDELINE,      INC.**

| **New                York**                                                   |   | **13-2670985**                                      |
|-------------------------------------------------------------------------------|--------|-----------------------------------------------------|
| (State                or other jurisdiction of incorporation or organization) |   | (IRS                Employer Identification Number) |

**625      Avenue of the Americas**

**New      York, NY 10011**

**(Address      and zip code of principal executive offices)**

**Registrant's      telephone number, including area code: (212) 645-4500**

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

**Securities      registered pursuant to Section 12(g) of the Act: **

| **Title                of class:**                          |   | **Name                of each exchange on which registered****:                None** |
|-------------------------------------------------------------|--------|---------------------------------------------------------------------------------------|
| **Common                Stock, par value $.0001 per share** |   |                                                                                  |

**Indicate      by check mark if the registrant is a well-known seasoned issuer, as defined      in      Rule 405 of the Securities Act.**

**Yes      o No x**

**Indicate      by check mark if the registrant is not required to file reports pursuant to      Section 13 or Section 15(d) of the Act. **

**Yes      o No x**

**Indicate      by check mark whether the registrant (1) has filed all reports required to      be      filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during      the      preceding 12 months (or for such shorter period that the registrant was required      to file such reports), and (2) has been subject to such filing requirements      for      the past 90 days. Yes x No [      ]**

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

**Indicate      by check mark whether the registrant is an accelerated filer (as defined in      Rule      12b-2 of the Exchange Act). Yes o Nox**

**Indicate      by check mark whether the registrant is a large accelerated filer, an      accelerated filer, or a non-accelerated filer. Large accelerated filer o Accelerated filer o      Non-accelerated filer x**

**Indicate      by check mark whether the registrant is a shell company (as defined in Rule      12b-2 of the Exchange Act). Yes o Nox**

**As      of June 30, 2006, the aggregate market value of the voting common stock held      by      non-affiliates of the registrant was $17,637,345 based on the average bid and      ask price per share of the common stock on the OTC Bulletin Board on June 30,      2006, which was $1.38 per share.**

----

**All      (i) executive officers and directors of the registrant and (ii) all persons      filing a Schedule 13D with the Securities and Exchange Commission in respect      to      registrant’s common stock who hold 10% or more of the registrant’s outstanding      common stock, have been deemed, solely for the purpose of the foregoing      calculation, to be “affiliates” of the registrant.**

**There      were 20,954,034 shares outstanding of the registrant’s common stock, par value      $.0001 per share, as of April 27, 2007.**

**DOCUMENTS      INCORPORATED BY REFERENCE**

**EXPLANATORY      NOTE **

----

**GUIDELINE,      INC.**

**INDEX      TO FORM 10-K**

|                          |                                                                                                                             | PAGE   |
|-------------------------------|----------------------------------------------------------------------------------------------------------------------------------|--------|
| **Part                  III** |                                                                                                                             |   |
|                          |                                                                                                                             |   |
| Item                  10.     | Directors                  and Executive Officers of the Registrant                                                              | 4      |
| Item                  11.     | Executive                  Compensation                                                                                          | 8      |
| Item                  12.     | Security                  Ownership of Certain Beneficial Owners and Management and Related                  Stockholder Matters | 22     |
| Item                  13.     | Certain                  Relationships and Related Transactions                                                                  | 26     |
| Item                  14.     | Principal                  Accountant Fees and Services                                                                          | 26     |
|                          |                                                                                                                             |   |
| **Part                  IV**  |                                                                                                                             |   |
|                          |                                                                                                                             |   |
| Item                  15.     | Exhibits                                                                                                                         | 27     |

|                         |
|------------------------------|
| Signatures                   | 28 |
| Exhibit                Index |  E-1 |

----

**PART      III**

**Item      10.**
**Directors,      Executive Officers, and Corporate Governance**

**Directors**

| NAME                              | AGE | POSITION                                                           |
|-----------------------------------|-----|--------------------------------------------------------------------|
| David                  Walke      | 52  | Chairman                  of the Board and Chief Executive Officer |
| Andrew                  P. Garvin | 61  | Founder                  and Director                              |
| Regina                  Paolillo  | 48  | Director                                                           |
| Brian                  Ruder      | 53  | Director                                                           |
| Denise                  Shapiro   | 52  | Director                                                           |
| Warren                  Struhl    | 45  | Director                                                           |

----

**Executive      Officers**

| **Name**                       |   | **Age** |   | **Position**                                                                                                    |   | **Officer                Since** |
|--------------------------------|--------|---------|--------|-----------------------------------------------------------------------------------------------------------------|--------|----------------------------------|
|                           |   |    |   |                                                                                                            |   |                             |
| David                Walke     |   | 52      |   | Chairman                of the Board and Chief Executive Officer                                                |   | 2001                             |
|                           |   |    |   |                                                                                                            |   |                             |
| Peter                Stone     |   | 37      |   | Chief                Financial Officer, Senior Vice President, Corporate Secretary and                Treasurer |   | 2002                             |
|                           |   |    |   |                                                                                                            |   |                             |
| Marc                Litvinoff  |   | 46      |   | President                and Chief Operating Officer                                                            |   | 2004                             |
|                           |   |    |   |                                                                                                            |   |                             |
| Scott                A. Gerard |   | 39      |   | Controller                                                                                                      |   | 2002                             |

----

**Family      Relationships**

**Involvement      in Certain Legal Proceedings **

----

**Compliance      with Section 16(a) of the Exchange Act**

**.**

**Corporate      Governance**

*Code      of Ethics*

*Nominating      Committee*

*Audit      Committee*

----

**Item      11.**
**Executive      Compensation**

**Compensation      Discussion and      Analysis**

*Introduction*

*Executive      Compensation Philosophy*

*Cash      Compensation*

** **

----

*Equity      Based Compensation*

*Additional      Benefits*

*Compensation      of the Chief Executive Officer*

----

*Certain      Other Executive Officers*

**Summary      Compensation Table**

| **Name                and Principal Position**                                                          |   | **Year** |   | **Salary                ($)** |   | **Bonus                ($) (1)** |   | **Stock                Awards ($) (2)** |   | **Option                Awards ($) (3)** |   | **Non-Equity                Incentive Plan Compensation ($) (4)** |   | **Change                in Pension Value and Nonqualified Deferred Compensation Earnings                ($)** |   | **All                Other Compensation ($) (5)** |   | **Total                (s)** |   |
|---------------------------------------------------------------------------------------------------------|--------|----------|--------|-------------------------------|--------|----------------------------------|--------|-----------------------------------------|--------|------------------------------------------|--------|-------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------|--------|------------------------------|--------|
| David                Walke Chief                Executive Officer                                       |   |     | 2006   |                          | $      | 253,800                          |   | $                                       | 5,590  |                                     | $      | 192,207                                                           |   | $                                                                                                             | --     |                                              | $      | --                           |   | $ | -- |   | $ | 15,495                (6 | ) | $ | 467,092 |   |
|                                                                                                    |   |     |   |                          |   |                             |   |                                    |   |                                     |   |                                                              |   |                                                                                                          |   |                                              |   |                         |   |   |   |   |   |   |   |   |   |   |
| Peter                Stone Chief                Financial Officer, Senior V.P., Secretary and Treasurer |   |     | 2006   |                          |   | 237,600                          |   |                                    | 7,250  |                                     |   | 59,458                                                            |   |                                                                                                          | --     |                                              |   | --                           |   |   | -- |   |   | -- |   |   | 304,308 |   |
|                                                                                                    |   |     |   |                          |   |                             |   |                                    |   |                                     |   |                                                              |   |                                                                                                          |   |                                              |   |                         |   |   |   |   |   |   |   |   |   |   |
| Marc                Litvinoff President                and Chief Operating Officer                      |   |     | 2006   |                          |   | 265,000                          |   |                                    | 8,033  |                                     |   | 307,242                                                           |   |                                                                                                          | --     |                                              |   | --                           |   |   | -- |   |   | 8,278                (7 | ) |   | 588,553 |   |
|                                                                                                    |   |     |   |                          |   |                             |   |                                    |   |                                     |   |                                                              |   |                                                                                                          |   |                                              |   |                         |   |   |   |   |   |   |   |   |   |   |
| Scott                Gerard Controller                                                                  |   |     | 2006   |                          |   | 150,000                          |   |                                    | 10,000 |                                     |   | --                                                                |   |                                                                                                          | --     |                                              |   | --                           |   |   | -- |   |   | 1,300                (8 | ) |   | 161,300 |   |

| (1) | The                amounts shown in the Bonus column include operating bonuses and                discretionary performance based                bonuses. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | For                awards of stock, the aggregate grant date fair value computed in                accordance with FAS 123R. |
|-----|------------------------------------------------------------------------------------------------------------------------------|

| (3) | For                awards of stock options, with or without SARs, the aggregate grant                date                fair value fair value computed in accordance with FAS                123R. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (4) | The                dollar value for all earnings for services performed during the fiscal                year pursuant to non-equity incentive                plans. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (5) | All                other compensation that the registrant could not report in any other                column. Such compensation includes perquisites and other personal                benefits. As permitted by rules established by the SEC, no amounts                are                shown with respect to certain “perquisites” where such amounts do not                exceed in the aggregate of $10,000. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (6) | Includes                Company-provided life insurance and long-term disability premiums,                $4,430;                automobile lease payments, $7,380; and automobile insurance,                $3,685. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (7) | Includes                Company-provided car allowance, $6,228; and the Company’s match and                additional contribution on the employee’s 401(k) contribution,                $2,050. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (8) | Includes                Company match and additional contribution on the employee’s 401(k)                contribution, $1,300. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------|

----

**Grants      of Plan-Based Awards**

|                          |   |              |     |                                                                                                                   |   |                                                                                                               |   |                                                                                                                                    |   |                                                                                                            |   |                                                              |   |                                                                         |   |
|-------------------------------|--------|-------------------|----------|------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------------------------------|--------|-------------------------------------------------------------------|--------|------------------------------------------------------------------------------|--------|
| **Name**                      |   | **Grant****Date** |     | **Estimated                Future Payouts****Under                Non-Equity Incentive****Plan                Awards** |   | **Estimated                Future Payouts****Under                Equity Incentive****Plan                Awards** |   | **All                Other****Stock****Awards:****Number****of****Shares****of                Stock****or                Units****(#)** |   |  **All                Other Option Awards: Number of Securities Underlying                Options****(#)** |   | **Exercise                or Base Price of Option Awards ($/Sh)** |   | **Grant                date fair value of awards****($)                (1)** |   |
|                          |   |              |     | Thresh-old($)                                                                                                          |   | Target($)                                                                                                          |   | Maximum($)                                                                                                                              |   | Threshold(#)                                                                                                    |   | Target(#)                                                         |   | Maximum(#)                                                                   |   |   |   |   |   |   |   |   |   |
|                          |   |              |     |                                                                                                                   |   |                                                                                                               |   |                                                                                                                                    |   |                                                                                                            |   |                                                              |   |                                                                         |   |   |   |   |   |   |   |   |   |
| David                Walke    |   |              | 11/21/01 |                                                                                                                   |   | --                                                                                                                 |   |                                                                                                                                    | --     |                                                                                                            |   | --                                                                |   |                                                                         | --     |   |   | -- |   |   | -- |   |   | -- |   |   | 350,000 |   | $ | 0.41 |   | $ | 87,500 |   |
|                          |   |              | 2/26/03  |                                                                                                                   |   | --                                                                                                                 |   |                                                                                                                                    | --     |                                                                                                            |   | --                                                                |   |                                                                         | --     |   |   | -- |   |   | -- |   |   | -- |   |   | 50,000 |   | $ | 1.25 |   | $ | 49,500 |   |
|                               |   |              | 1/1/05   |                                                                                                                   |   | --                                                                                                                 |   |                                                                                                                                    | --     |                                                                                                            |   | --                                                                |   |                                                                         | --     |   |   | -- |   |   | -- |   |   | 100,000 |   |   | -- |   |   | -- |   | $ | 112,000 |   |
|                               |   |              | 1/1/06   |                                                                                                                   |   | --                                                                                                                 |   |                                                                                                                                    | --     |                                                                                                            |   | --                                                                |   |                                                                         | --     |   |   | -- |   |   | -- |   |   | 150,000 |   |   | -- |   |   | -- |   | $ | 105,000 |   |
|                               |   |              | 7/5/06   |                                                                                                                   |   | --                                                                                                                 |   |                                                                                                                                    | --     |                                                                                                            |   | --                                                                |   |                                                                         | --     |   |   | -- |   |   | -- |   |   | 58,528 |   |   | -- |   |   | -- |   | $ | 87,207 |   |
| Peter                Stone    |   |              | 5/13/02  |                                                                                                                   |   | --                                                                                                                 |   |                                                                                                                                    | --     |                                                                                                            |   | --                                                                |   |                                                                         | --     |   |   | -- |   |   | -- |   |   | -- |   |   | 75,000 |   | $ | 1.14 |   | $ | 69,750 |   |
|                               |   |              | 2/26/03  |                                                                                                                   |   | --                                                                                                                 |   |                                                                                                                                    | --     |                                                                                                            |   | --                                                                |   |                                                                         | --     |   |   | -- |   |   | -- |   |   | -- |   |   | 25,000 |   | $ | 1.25 |   | $ | 27,750 |   |
|                               |   |              | 1/1/05   |                                                                                                                   |   | --                                                                                                                 |   |                                                                                                                                    | --     |                                                                                                            |   | --                                                                |   |                                                                         | --     |   |   | -- |   |   | -- |   |   | 25,000 |   |   | -- |   |   | -- |   | $ | 28,000 |   |
|                               |   |              | 1/1/06   |                                                                                                                   |   | --                                                                                                                 |   |                                                                                                                                    | --     |                                                                                                            |   | --                                                                |   |                                                                         | --     |   |   | -- |   |   | -- |   |   | 50,000 |   |   | -- |   |   | -- |   | $ | 35,000 |   |
|                               |   |              | 7/5/06   |                                                                                                                   |   | --                                                                                                                 |   |                                                                                                                                    | --     |                                                                                                            |   | --                                                                |   |                                                                         | --     |   |   | -- |   |   | -- |   |   | 16,415 |   |   | -- |   |   | -- |   | $ | 24,458 |   |
| Marc                Litvinoff |   |              | 5/17/04  |                                                                                                                   |   | --                                                                                                                 |   |                                                                                                                                    | --     |                                                                                                            |   | --                                                                |   |                                                                         | --     |   |   | -- |   |   | -- |   |   | -- |   |   | 50,000 |   | $ | 2.60 |   | $ | 95,000 |   |
|                               |   |              | 5/17/04  |                                                                                                                   |   | --                                                                                                                 |   |                                                                                                                                    | --     |                                                                                                            |   | --                                                                |   |                                                                         | --     |   |   | -- |   |   | -- |   |   | 100,000 |   |   | -- |   |   | -- |   | $ | 255,000 |   |
|                               |   |              | 7/1/05   |                                                                                                                   |   | --                                                                                                                 |   |                                                                                                                                    | --     |                                                                                                            |   | --                                                                |   |                                                                         | --     |   |   | -- |   |   | -- |   |   | 50,000 |   |   | -- |   |   | -- |   | $ | 25,000 |   |
|                               |   |              | 7/5/06   |                                                                                                                   |   | --                                                                                                                 |   |                                                                                                                                    | --     |                                                                                                            |   | --                                                                |   |                                                                         | --     |   |   | -- |   |   | -- |   |   | 206,203 |   |   | -- |   |   | -- |   | $ | 307,242 |   |
| Scott                Gerard   |   |              | 7/22/02  |                                                                                                                   |   | --                                                                                                                 |   |                                                                                                                                    | --     |                                                                                                            |   | --                                                                |   |                                                                         | --     |   |   | -- |   |   | -- |   |   | -- |   |   | 20,000 |   | $ | 1.09 |   | $ | 19,800 |   |
|                               |   |              | 2/26/03  |                                                                                                                   |   | --                                                                                                                 |   |                                                                                                                                    | --     |                                                                                                            |   | --                                                                |   |                                                                         | --     |   |   | -- |   |   | -- |   |   | -- |   |   | 5,000 |   | $ | 1.25 |   | $ | 5,850 |   |

----

**Outstanding      Equity Awards at Fiscal Year End**

|                          |   |                                                                                                  |                                                |                                                                                        |   |
|-------------------------------|--------|-------------------------------------------------------------------------------------------------------|-----------------------------------------------------|---------------------------------------------------------------------------------------------|--------|
|                          |   | **Option                Awards**                                                                      |                                                | **Stock                Awards**                                                             |   |
| **Name**                      |   | **Number                of Securities Underlying Unexercised Options (#)                Exercisable** |                                                | **Number                of Securities Underlying Unexercised Options (#)****Unexercisable** |   | **Equity                Incentive Plan Awards: Number of Securities Underlying Unexercised                Unearned Options (#)** |   | **Option                Exercise Price****($)** |   | **Option                Expiration Date** |   | **Number                of Shares or Units of Stock That Have Not Vested                (#)** |   | **Market                Value of Shares or Units of Stock That Have Not Vested                ($)****(as                of 12/31/06)** |   | **Equity                Incentive Plan Awards: Number of Unearned Shares, Units or Other                Rights                That Have Not Vested (#)** |   | **Equity                Incentive Plan Awards: Market or Payout Value of Unearned Shares,                Units or                Other Rights That Have Not Vested ($)** |   |
|                          |   |                                                                                                  |                                                |                                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| David                Walke    |   |                                                                                                  | 350,000                (1)40,000                (2) |                                                                                        |   | --10,000 |   |   | ---- |   | $$ | 0.411.25 |   |    | 11/21/102/26/13 |   |   | 289,019 |   | $ | 471,101 |   |   | -- |   |   | -- |   |
| Peter                Stone    |   |                                                                                                  | 75,000                (3)20,000                (2)  |                                                                                        |   | --5,000 |   |   | ---- |   | $$ | 1.141.25 |   |   | 5/13/122/26/13 |   |   | 85,943 |   | $ | 140,087 |   |   | -- |   |   | -- |   |
| Marc                Litvinoff |   |                                                                                                  | 30,000                (4)                           |                                                                                        |   | 20,000 |   |   | -- |   | $ | 2.60 |   |   | 5/17/14 |   |   | 337,469 |   | $ | 550,074 |   |   | -- |   |   | -- |   |
| Scott                Gerard   |   |                                                                                                  | 20,000                (5)4,000                (2)   |                                                                                        |   | --1,000 |   |   | ---- |   | $$ | 1.091.25 |   |   | 7/22/122/26/13 |   |   | -- |   |   | -- |   |   | -- |   |   | -- |   |

** **

----

**Option      Exercises and Stock Vested During Fiscal 2006**

|                          |   | **Option                Awards**                             |   | **Stock                Awards**                   |   |
|-------------------------------|--------|--------------------------------------------------------------|--------|---------------------------------------------------|--------|
|  **Name**                |   | **Number                of Shares Acquired on Exercise (#)** |   | **Value                Realized on Exercise ($)** |   | **Number                of Shares Acquired on Vesting (#)** |   | **Value                Realized on Vesting ($)** |   |
| David                Walke    |   |                                                         | --     |                                              |   | -- |   |   | 19,509 |   | $ | 29,264 |   |
| Peter                Stone    |   |                                                         | --     |                                              |   | -- |   |   | 5,472 |   | $ | 8,208 |   |
| Marc                Litvinoff |   |                                                         | --     |                                              |   | -- |   |   | 18,734 |   | $ | 28,101 |   |
| Scott                Gerard   |   |                                                         | --     |                                              |   | -- |   |   | -- |   |   | -- |   |

**Potential      Payments Upon Termination or Change of Control**

*Payments      Made Upon Termination *

*Payments      Made Upon Retirement *

----

*Payments      Made Upon a Change of Control *

|   | · | certain                stock options and all restricted stock held by the executive will                automatically vest and become exercisable;                and |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | severance                in the form of continued payment of salary and certain other benefits,                plus possible lump sum payments. |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------|

----

*David      Walke*

|                                                                                                    |   |                                                                     |         |                                                            |   |                                                                 |   |                                                          |         |                                             |   |                                        |   |
|---------------------------------------------------------------------------------------------------------|--------|--------------------------------------------------------------------------|--------------|-----------------------------------------------------------------|--------|----------------------------------------------------------------------|--------|---------------------------------------------------------------|--------------|--------------------------------------------------|--------|---------------------------------------------|--------|
| **Executive                Benefits****upon                Payments****Upon                Separation** |   | **Expiration                of Employment Agreement on 12/31/06****($)** |         | **Without                Cause Termination on 12/31/06****($)** |   | **Change                of Control and Termination on 12/31/06 ($)** |   | **Good                Reason Termination on 12/31/06****($)** |         | **Disability                on 12/31/06****($)** |   | **Death                on 12/31/06****($)** |   |
| **Compensation**                                                                                        |   |                                                                     |         |                                                            |   |                                                                 |   |                                                          |         |                                             |   |                                        |   |
| Cash                Severance - Salary (1)                                                              |   | $                                                                        | 253,800      |                                                            | $      | 507,600                                                              |   | $                                                             | 507,600      |                                             | $      | 507,600                                     |   | $ | -- |   | $ | -- |   |
| Cash                Severance - Bonus (1)                                                               |   |                                                                     | 50,800       |                                                            |   | 50,800                                                               |   |                                                          | 50,800       |                                             |   | 50,800                                      |   |   | -- |   |   | -- |   |
| Stock                Options (2)                                                                        |   |                                                                     | --           |                                                            |   | 652,000                                                              |   |                                                          | 652,000      |                                             |   | 652,000                                     |   |   | 652,000 |   | $ | 652,000 |   |
| Restricted                Stock (3)                                                                     |   |                                                                     | --           |                                                            |   | 502,901                                                              |   |                                                          | 502,901      |                                             |   | 502,901                                     |   |   | -- |   |   | -- |   |
| **Benefits                & Perquisites**                                                           |   |                                                                     |    |                                                            |   |                                                            |   |                                                          |    |                                             |   |                                   |   |   |    |   |   |    |   |
| Medical                Benefits (4)                                                                     |   |                                                                     | --           |                                                            |   | --                                                                   |   |                                                          | 18,809       |                                             |   | 18,809                                      |   |   | -- |   |   | -- |   |
| Accrued                vacation                                                                         |   |                                                                     | --           |                                                            |   | --                                                                   |   |                                                          | --           |                                             |   | --                                          |   |   | -- |   |   | -- |   |
| Automobile                (1)                                                                           |   |                                                                     | 11,065       |                                                            |   | 11,065                                                               |   |                                                          | 22,130       |                                             |   | 22,130                                      |   |   | -- |   |   | -- |   |
| **Total**                                                                                               |   | $                                                                        | 315,665      |                                                            | $      | 1,724,366                                                            |   | $                                                             | 1,754,240    |                                             | $      | 1,754,240                                   |   | $ | 652,000 |   | $ | 652,000 |   |

| (1) | In                the event that the Company terminates Mr. Walke for reason other                than for                cause or if Mr. Walke leaves the Company for good reason or as a                result of                a change of control, then Mr. Walke’s salary, bonus, and automobile                allowance as of December 31, 2006 would continue for a period of                two (2)                years given that there would be less than two (2) years left in his                employment term. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | In                the event that the Company terminates Mr. Walke for reason other                than for                cause, if Mr. Walke leaves the Company for good reason or as a result                of a                change of control, if Mr. Walke becomes disabled, or upon his death,                then                Mr. Walke’s stock options would immediately vest. The vested stock options                have been valued using the Company’s stock price as of December 31,                2006. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | In                the event that the Company terminates Mr. Walke for reason other                than for                cause, if Mr. Walke leaves the Company for good reason or as a result                of a                change of control, or if Mr. Walke becomes disabled, then Mr. Walke’s                shares of restricted stock would immediately vest. The vested shares                of                restricted stock have been valued using the Company’s stock price as of                December 31, 2006. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (4) | In                the event that Mr. Walke leaves the Company for good reason or as                a result                of a change of control, then the Company will provide Mr. Walke with                major                medical coverage for two (2) years. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

*Peter      Stone*

|                                                                                                    |   |                                                                     |         |                                                            |   |                                                                 |   |                                                          |         |                                             |   |                                        |   |
|---------------------------------------------------------------------------------------------------------|--------|--------------------------------------------------------------------------|--------------|-----------------------------------------------------------------|--------|----------------------------------------------------------------------|--------|---------------------------------------------------------------|--------------|--------------------------------------------------|--------|---------------------------------------------|--------|
| **Executive                Benefits****upon                Payments****Upon                Separation** |   | **Expiration                of Employment Agreement on 12/31/06****($)** |         | **Without                Cause Termination on 12/31/06****($)** |   | **Change                of Control and Termination on 12/31/06 ($)** |   | **Good                Reason Termination on 12/31/06****($)** |         | **Disability                on 12/31/06****($)** |   | **Death                on 12/31/06****($)** |   |
| **Compensation**                                                                                        |   |                                                                     |         |                                                            |   |                                                                 |   |                                                          |         |                                             |   |                                        |   |
| Cash                Severance - Salary (1)                                                              |   | $                                                                        | 118,800      |                                                            | $      | 118,800                                                              |   | $                                                             | --           |                                             | $      | 118,800                                     |   | $ | 118,800 |   | $ | 118,800 |   |
| Cash                Severance - Bonus (1)                                                               |   |                                                                     | 47,520       |                                                            |   | 47,520                                                               |   |                                                          | --           |                                             |   | 47,520                                      |   |   | 47,520 |   |   | 47,520 |   |
| Stock                Options (2)                                                                        |   |                                                                     | --           |                                                            |   | 163,000                                                              |   |                                                          | --           |                                             |   | 163,000                                     |   |   | -- |   |   | -- |   |
| Restricted                Stock (3)                                                                     |   |                                                                     | --           |                                                            |   | 149,006                                                              |   |                                                          | 149,006      |                                             |   | 149,006                                     |   |   | -- |   |   | -- |   |
| **Benefits                & Perquisites**                                                           |   |                                                                     |    |                                                            |   |                                                            |   |                                                          |    |                                             |   |                                   |   |   |    |   |   |    |   |
| Medical                Benefits                                                                         |   |                                                                     | --           |                                                            |   | --                                                                   |   |                                                          | --           |                                             |   | --                                          |   |   | -- |   |   | -- |   |
| Accrued                vacation (4)                                                                     |   |                                                                     | 5,483        |                                                            |   | 5,483                                                                |   |                                                          | --           |                                             |   | 5,483                                       |   |   | 5,483 |   |   | 5,483 |   |
| **Total**                                                                                               |   | $                                                                        | 171,803      |                                                            | $      | 483,809                                                              |   | $                                                             | 149,006      |                                             | $      | 483,809                                     |   | $ | 171,803 |   | $ | 171,803 |   |

| (1) | In                the event that the Company terminates Mr. Stone for reason other                than for                cause, if Mr. Stone leaves the Company for good reason, if Mr. Stone                becomes disabled, or upon his death, then Mr. Stone or in the case                of his                death, Mr. Stone’s estate would be entitled to salary as of December 31,                2006 for a period of six (6) months, and the amount of Mr. Stone’s bonus                that should have been paid with respect to that part of the fiscal                year in                which the date of termination occurs, absent the termination of Mr.                Stone’s employment. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | In                the event that the Company terminates Mr. Stone for reason other                than for                cause, or if Mr. Stone leaves the Company for good reason, then Mr.                Stone’s stock options would immediately vest. The vested stock options                have been valued using the Company’s stock price as of December 31,                2006. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | In                the event that the Company terminates Mr. Stone for reason other                than for                cause, if Mr. Stone leaves the Company for good reason or as a result                of a                change of control, then Mr. Stone’s shares of restricted stock would                immediately vest. The vested shares of restricted stock have been                valued                using the Company’s stock price as of December 31,                2006. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (4) | Represents                the unpaid portion of vacation earned by Mr. Stone prior to the date                of                termination to the extent not paid. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

*Marc      Litvinoff*

|                                                                |   |                                                                     |         |                                                            |   |                                                                 |   |                                                          |         |                                             |   |                                        |   |
|---------------------------------------------------------------------|--------|--------------------------------------------------------------------------|--------------|-----------------------------------------------------------------|--------|----------------------------------------------------------------------|--------|---------------------------------------------------------------|--------------|--------------------------------------------------|--------|---------------------------------------------|--------|
| **Executive                Benefits upon Payments Upon Separation** |   | **Expiration                of Employment Agreement on 12/31/06****($)** |         | **Without                Cause Termination on 12/31/06****($)** |   | **Change                of Control and Termination on 12/31/06 ($)** |   | **Good                Reason Termination on 12/31/06****($)** |         | **Disability                on 12/31/06****($)** |   | **Death                on 12/31/06****($)** |   |
| **Compensation**                                                    |   |                                                                     |         |                                                            |   |                                                                 |   |                                                          |         |                                             |   |                                        |   |
| Cash                Severance - Salary (1)                          |   | $                                                                        | 275,000      |                                                            | $      | 275,000                                                              |   | $                                                             | --           |                                             | $      | 275,000                                     |   | $ | -- |   | $ | 275,000 |   |
| Cash                Severance - Bonus (1)                           |   |                                                                     | 53,000       |                                                            |   | 53,000                                                               |   |                                                          | --           |                                             |   | 53,000                                      |   |   | -- |   |   | 53,000 |   |
| Stock                Options (2)                                    |   |                                                                     | --           |                                                            |   | 81,500                                                               |   |                                                          | --           |                                             |   | 81,500                                      |   |   | -- |   |   | -- |   |
| Restricted                Stock (3)                                 |   |                                                                     | --           |                                                            |   | --                                                                   |   |                                                          | 580,611      |                                             |   | --                                          |   |   | -- |   |   | -- |   |
| **Benefits                & Perquisites**                       |   |                                                                     |    |                                                            |   |                                                            |   |                                                          |    |                                             |   |                                   |   |   |    |   |   |    |   |
| Medical                Benefits                                     |   |                                                                     | --           |                                                            |   | --                                                                   |   |                                                          | --           |                                             |   | --                                          |   |   | -- |   |   | -- |   |
| Accrued                vacation (4)                                 |   |                                                                     | 12,692       |                                                            |   | 12,692                                                               |   |                                                          | --           |                                             |   | 12,692                                      |   |   | -- |   |   | 12,692 |   |
| Automobile                (1)                                       |   |                                                                     | 6,000        |                                                            |   | 6,000                                                                |   |                                                          | --           |                                             |   | 6,000                                       |   |   | -- |   |   | 6,000 |   |
| **Total**                                                           |   | $                                                                        | 346,692      |                                                            | $      | 428,192                                                              |   | $                                                             | 580,611      |                                             | $      | 428,192                                     |   | $ | -- |   | $ | 346,692 |   |

| (1) | In                the event that the Company terminates Mr. Litvinoff for reason other                than                for cause, if Mr. Litvinoff leaves the Company for good reason, or                upon                his death, then Mr. Litvinoff or in the case of his death, Mr. Litvinoff’s                estate would be entitled to salary and an automobile allowance as                of                December 31, 2006 for a period of twelve (12) months, and the amount                of                Mr. Litvinoff’s bonus that should have been paid with respect to the                fiscal year in which the date of termination                occurs. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | In                the event that the Company terminates Mr. Litvinoff for reason other                than                for cause, or if Mr. Litvinoff leaves the Company for good reason,                then                Mr. Litvinoff’s stock options would immediately vest. The vested stock                options have been valued using the Company’s stock price as of December                31, 2006. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | In                the event that the Mr. Litvinoff leaves the Company as a result of                a                change of control, then Mr. Litvinoff’s shares of restricted stock would                immediately vest. The vested shares of restricted stock have been                valued                using the Company’s stock price as of December 31,                2006. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (4) | Represents                the unpaid portion of vacation earned by Mr. Litvinoff prior to the                date                of termination to the extent not                paid. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

**Report      by the Compensation Committee **

**Compensation      Committee Interlocks and Insider Participation**

**Employment      Agreements**

----

----

----

----

**Item      12.**
**Security      Ownership of Certain Beneficial Owners and Management and Related Stockholder      Matters**

**Equity      Compensation Plan Information **

**Equity      Compensation Plan Information**

| Plan                category                                                          |   | Number                of securities to be issued upon exercise of outstanding options,                warrants,                and rights (a) |   | Weighted-average                exercise price of outstanding options, warrants and rights                (b) |   | Number                of securities remaining available for future issuance under equity                compensation plans (excluding securities reflected in column (a))                (c) |
|---------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                  |   |                                                                                                                                          |   |                                                                                                          |   |                                                                                                                                                                                         |
| Equity                compensation plans approved                by security holders: |   |                                                                                                                                          |   |                                                                                                          |   |                                                                                                                                                                                         |
|  Guideline,                Inc. 1996 Stock Incentive                Plan         |   | 1,315,175                                                                                                                                     |   | $1.01                                                                                                         |   | --                                                                                                                                                                                           |
|  Guideline,                Inc. 2003 Stock Incentive                Plan         |   | 1,775,054                                                                                                                                     |   | $1.02                                                                                                         |   | 974,682                                                                                                                                                                                      |
|                                                                                  |   |                                                                                                                                          |   |                                                                                                          |   |                                                                                                                                                                                         |
| Total                                                                                 |   | 3,090,229                                                                                                                                     |   | $1.02                                                                                                         |   | 974,682                                                                                                                                                                                      |

----

**Security      Ownership of Certain Beneficial Owners and Management**

----

|                                                                                                                                                                 |   | COMMON                STOCK |      | SERIES                A PREFERRED STOCK |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------|-----------|-----------------------------------------|--------|
|                                                                                                                                                                 |   |                        |      |                                    |   |   |   |   |   |
| Name                and Address                                                                                                                                      |   | Shares                (1)   |      | Percent                (19)             |   | Shares                (1)(2) |   | Percent                (20) |   |
|                                                                                                                                                                 |   |                        |      |                                    |   |   |   |   |   |
| Petra                Mezzanine Fund, L.P. (3)172                Second Ave. North, Suite 112Nashville,                TN 37201                                       |   |                        | 745,000   |                                    |   | 3.4 | % |   | 333,333 |   |   | 100.0 | % |
|                                                                                                                                                                 |   |                        |      |                                    |   |   |   |   |   |   |   |   |   |
| Austin                W. Marxe and David M. Greenhouse (4)153                E. 53rd                Street55th                FloorNew                York, NY 10022 |   |                        | 4,280,590 |                                    |   | 19.4 | % |   |   |   |   |   |   |
|                                                                                                                                                                 |   |                        |      |                                    |   |   |   |   |   |   |   |   |   |
| Performance                Capital (5)767                Third AvenueNew                York, NY 10017                                                               |   |                        | 1,432,810 |                                    |   | 6.7 | % |   |   |   |   |   |   |
|                                                                                                                                                                 |   |                        |      |                                    |   |   |   |   |   |   |   |   |   |
| Wynnefield                Partners (6)c/o                Small Cap Value LP450                Seventh Avenue, Suite 509New                York, NY 10123             |   |                        | 2,395,552 |                                    |   | 11.4 | % |   |   |   |   |   |   |
|                                                                                                                                                                 |   |                        |      |                                    |   |   |   |   |   |   |   |   |   |
| Zesiger                Capital Group LLC (7)                                                                                                                         |   |                        | 1,831,000 |                                    |   | 8.5 | % |   |   |   |   |   |   |
|                                                                                                                                                                 |   |                        |      |                                    |   |   |   |   |   |   |   |   |   |
| David                Walke (8)                                                                                                                                       |   |                        | 2,354,293 |                                    |   | 10.9 | % |   |   |   |   |   |   |
|                                                                                                                                                                 |   |                        |      |                                    |   |   |   |   |   |   |   |   |   |
| Martin                Franklin (9)                                                                                                                                   |   |                        | 1,370,292 |                                    |   | 6.5 | % |   |   |   |   |   |   |
|                                                                                                                                                                 |   |                        |      |                                    |   |   |   |   |   |   |   |   |   |
| Andrew                P. Garvin (10)                                                                                                                                 |   |                        | 675,499   |                                    |   | 3.2 | % |   |   |   |   |   |   |
|                                                                                                                                                                 |   |                        |      |                                    |   |   |   |   |   |   |   |   |   |
| Warren                Struhl (11)1100                Valley Brook AvenueLyndhurst,                NJ 07071                                                           |   |                        | 221,250   |                                    |   | 1.1 | % |   |   |   |   |   |   |
|                                                                                                                                                                 |   |                        |      |                                    |   |   |   |   |   |   |   |   |   |
| Denise                Shapiro (12)                                                                                                                                   |   |                        | 45,000    |                                    |   | * |   |   |   |   |   |   |   |
|                                                                                                                                                                 |   |                        |      |                                    |   |   |   |   |   |   |   |   |   |
| Brian                Ruder (13)                                                                                                                                      |   |                        | 25,000    |                                    |   | * |   |   |   |   |   |   |   |
|                                                                                                                                                                 |   |                        |      |                                    |   |   |   |   |   |   |   |   |   |
| Regina                Paolillo (14)                                                                                                                                  |   |                        | 17,500    |                                    |   | * |   |   |   |   |   |   |   |
|                                                                                                                                                                 |   |                        |      |                                    |   |   |   |   |   |   |   |   |   |
| Peter                Stone (15)                                                                                                                                      |   |                        | 100,000   |                                    |   | * |   |   |   |   |   |   |   |
|                                                                                                                                                                 |   |                        |      |                                    |   |   |   |   |   |   |   |   |   |
| Marc                Litvinoff (16)                                                                                                                                   |   |                        | 210,000   |                                    |   | 1.0 | % |   |   |   |   |   |   |
|                                                                                                                                                                 |   |                        |      |                                    |   |   |   |   |   |   |   |   |   |
| Scott                A. Gerard (17)                                                                                                                                  |   |                        | 25,000    |                                    |   | * |   |   |   |   |   |   |   |
|                                                                                                                                                                 |   |                        |      |                                    |   |   |   |   |   |   |   |   |   |
| All                directors and executive officers as a group (9 persons)                (18)                                                                       |   |                        | 3,673,542 |                                    |   | 16.8 | % |   |   |   |   |   |   |

| (1) | As                used in this table, a beneficial owner of a security includes any                person                who, directly or indirectly, through any contract, arrangement,                understanding, relationship or otherwise, has or shares (a) voting                power                which includes the power to vote, or to direct the voting of, such                security; and/or (b) investment power which includes the power to                dispose,                or to direct the disposition of, such security. In addition, a person                is                deemed to be the beneficial owner of a security if that person has                the                right to acquire beneficial ownership of such security within 60                days. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| (2) | Each                share of Series A Preferred Stock entitles the holder to one vote                for each                share of Common Stock into which it is convertible. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | As                of April 6, 2007, the Common Stock beneficially owned by Petra Mezzanine                Fund, L.P. (“Petra”) consists of 745,000 shares of Common Stock issuable                upon exercise of warrants; and 333,333 shares of Common Stock issuable                upon conversion of 333,333 shares of the Series A Preferred Stock.                Excluded are 125,222 shares of Common Stock issuable to Petra upon                conversion of up to an additional 125,222 shares of the Company’s                convertible preferred stock that may be issued to Petra as dividends                on                their shares of convertible preferred                stock. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (4) | Austin                W. Marxe (Marxe) and David M. Greenhouse (Greenhouse) share voting                and                investment control over all securities owned by Special Situations                Fund                III QP, L.P. (QP), Special Situations Cayman Fund, L.P. (Cayman)                and                Special Situations Private Equity Fund, LP (PE), respectively. 1,714,695                shares of Common Stock are held by QP, 587,900 shares of Common Stock                are                held by Cayman and 915,200 shares of Common Stock are held by PE.                The                interest of Marxe and Greenhouse in the shares of Common Stock owned                by                QP, Cayman and PE is limited to the extent of his pecuniary interest.                551,645 Warrants are held by QP, 200,000 Warrants are held by Cayman                and                311,150 Warrants are held by PE. The information disclosed above                regarding                Marxe and Greenhouse is based solely on the Form 4 filed by Marxe                and                Greenhouse with the SEC on December 29, 2006. The principal business                office for Marxe and Greenhouse is 153 East 53rd Street, 55th Floor,                New                York, New York 10022. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (5) | Includes                569,204 shares owned by Performance Capital LP and 438,436 shares                owned by                Performance Capital II LP. Includes 425,170 shares issuable under                outstanding warrants. Each of Performance Capital LP and Performance                Capital II LP disclaims beneficial ownership of the reported securities                except to the extent of each of their respective pecuniary interests                therein. The information disclosed above regarding Performance Capital                LP                and Performance Capital II LP is based solely on the Schedule 13G                filed                with the SEC on July 14, 2003. The principal business office for                Performance Capital LP and Performance Capital II LP is 767 Third                Avenue,                New York, NY 10017. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (6) | Includes                803,425 shares owned by Wynnefield Partners Small Cap Value, LP,                614,325                shares owned by Wynnefield Partners Small Cap Value, L.P. I, 882,802                shares owned by Wynnefield Small Cap Value Offshore Fund, Ltd., and                95,000                shares owned by Channel Partnership II, L.P. The information disclosed                above regarding Wynnefield Partners is based solely on the Schedule                13G                filed by certain affiliates of Wynnefield Partners with the SEC on                February 14, 2007. The principal business office for Wynnefield Partners                and its affiliates referenced above is 450 Seventh Avenue, Suite                509, New                York, New York 10123. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (7) | The                principal business office of Zesiger Capital Group LLC (“ZCG”) is 320 Park                Avenue, 30th                Floor, New York, New York 10022. The information disclosed above                regarding                ZCG is based solely on Amendment No. 2 to Schedule 13G filed by ZCG                with                the SEC on February 13, 2007 in which ZCG disclaimed beneficial ownership                of the shares referenced above. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (8) | Includes                211,111 shares of common stock issuable under outstanding warrants,                held                in the name of Walke Associates, Inc., and 400,000 shares issuable                under                outstanding options. Each of David Walke and Walke Associates, Inc.                disclaims beneficial ownership of the shares owned by the                other. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (9) | Includes                1,154,181 shares of common stock beneficially owned by Marlin Equities,                LLC; 211,111 shares of common stock issuable under outstanding warrants                held in the name of Marlin Equities, LLC; and 5,000 shares issuable                under                outstanding options. The information disclosed above is based solely                on                Schedule 13D filed by Marlin Equities, LLC with the SEC on December                22,                2006. The principal business office for Marlin Equities, LLC is 555                Theodore Fremd Avenue, Suite B-302, Rye, New York 10580. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (10) | Includes                5,000 shares issuable under outstanding options. |
|------|--------------------------------------------------------------------------|

| (11) | Includes                156,250 shares of common stock held in the name of Warren Struhl                Family                Partnership, and includes 65,000 shares issuable under outstanding                options. |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (12) | Represents                45,000 shares issuable under outstanding options. |
|------|-----------------------------------------------------------------------------|

| (13) | Represents                25,000 shares issuable under outstanding                options. |
|------|--------------------------------------------------------------------------------------------|

| (14) | Represents                17,500 shares issuable under outstanding                options. |
|------|--------------------------------------------------------------------------------------------|

| (15) | Represents                100,000 shares issuable under outstanding options. |
|------|------------------------------------------------------------------------------|

----

| (16) | Includes                40,000 shares issuable under outstanding options. |
|------|---------------------------------------------------------------------------|

| (17) | Represents                25,000 shares issuable under outstanding options. |
|------|-----------------------------------------------------------------------------|

| (18) | Includes                750,000 and 211,111 shares issuable under outstanding options and                warrants, respectively. |
|------|----------------------------------------------------------------------------------------------------------------------------------|

| (19) | Percent                is based on 20,954,034 shares of common stock outstanding as of April                6,                2007. |
|------|-------------------------------------------------------------------------------------------------------------------------------------|

| (20) | Percent                is based on 333,333 shares of convertible preferred stock outstanding                as                of April 6, 2007. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------|

**Item      13.**
**Certain      Relationships and Related transactions, and Director      Independence**

**Certain      Relationships and Related Transactions**

**Director      Independence**

| (1)                Andrew P. Garvin     |
|-----------------------------------------|
|                                    |
| (2)                Warren Struhl        |
|                                    |
| (3) Denise                Shapiro  |
|                                    |
| (4) Regina                Paolillo |

**Item      14.**
**Principal      Accountant Fees and Services**

**Audit      Fees: **

**Audit-Related      Fees: **

----

**Tax      Fees:**

**All      Other Fees: **

**Policy      on Audit Committee Pre-Approval of Audit and Permissible Non-Audit Services      of      Independent Auditors**

**PART      IV**

**Item      15. Exhibits **

| (a)   | No                  financial statements or schedules are filed with this report on                  Form                  10-K/A. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | The                following documents are filed as part of this                report: |
|-----------------|-----------------------------------------------------------------------------------------|

| (1)   | Exhibits: |
|-----------------|-----------|

| Exhibit                Number |   | Description                of Exhibit                                                                                                                           |
|-------------------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|
| *31.1                         |   | Certification                of Principal Executive Officer, as required by Rule 13a-14(a) of                the                Securities Exchange Act of 1934 |
|                          |   |                                                                                                                                                            |
| *31.2                         |   | Certification                of Principal Financial Officer, as required by Rule 13a-14(a) of                the                Securities Exchange Act of 1934 |
|                          |   |                                                                                                                                                            |
| *32.1                         |   | Certification                of Principal Executive Officer, as required by Rule 13a-14(b) of                the                Securities Exchange Act of 1934 |
|                          |   |                                                                                                                                                            |
| *32.2                         |   | Certification                of Principal Financial Officer, as required by Rule 13a-14(b) of                the                Securities Exchange Act of 1934 |

----

|   | GUIDELINE,                INC.(Registrant) |
|--------|--------------------------------------------|

|   | By:    | **/s/                David Walke**     |
|--------|--------|----------------------------------------|
|   |   | David                Walke,            |
|   |   | Chief                Executive Officer |
|   |   | April                30, 2007          |

| (1)    | Principal                Executive Officer:                                  |   |   |
|--------|------------------------------------------------------------------------------|--------|--------|
|   |                                                                         |   |   |
|   | **/s/                David Walke**                                           |   |   |
|   | David                Walke                                                   |   |   |
|   | Chief                Executive Officer                                       |   |   |
|   | April                30, 2007                                                |   |   |
|   |                                                                         |   |   |
| (2)    | Principal                Financial Officer and Principal Accounting Officer: |
|   |                                                                         |   |   |
|   | **/s/                Peter Stone**                                           |   |   |
|   | Peter                Stone                                                   |   |   |
|   | Chief                Financial Officer                                       |   |   |
|   | April                30, 2007                                                |   |   |
|   |                                                                         |   |   |
| (3)    | Board                of Directors:                                           |   |   |
|   |                                                                         |   |   |
|   | **/s/                Andrew P. Garvin**                                      |   |   |
|   | Andrew                P. Garvin                                              |   |   |
|   | Founder                and Director                                          |   |   |
|   | April                30, 2007                                                |   |   |
|   |                                                                         |   |   |
|   | **/s/                David Walke**                                           |   |   |
|   | David                Walke                                                   |   |   |
|   | Chairman                of Board of Directors                                |   |   |
|   | April                30, 2007                                                |   |   |
|   |                                                                         |   |   |
|   | **/s/                Regina Paolillo**                                       |   |   |
|   | Regina                Paolillo                                               |   |   |
|   | Director                                                                     |   |   |
|   | April                30, 2007                                                |   |   |
|   |                                                                         |   |   |
|   | **/s/                Denise L. Shapiro**                                     |   |   |
|   | Denise                L. Shapiro                                             |   |   |
|   | Director                                                                     |   |   |
|   | April                30, 2007                                                |   |   |
|   |                                                                         |   |   |
|   | **/s/                Brian Ruder**                                           |   |   |
|   | Brian                Ruder                                                   |   |   |
|   | Director                                                                     |   |   |
|   | April                30, 2007                                                |   |   |
|   |                                                                         |   |   |
|   | **/s/                Warren Struhl**                                         |   |   |
|   | Warren                Struhl                                                 |   |   |
|   | Director                                                                     |   |   |
|   | April                30, 2007                                                |   |   |

----

| Exhibit                  Number |   | Description                  of Exhibit                                                                                                                               |
|---------------------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| *31.1                           |   | Certification                  of Principal Executive Officer, as required by Rule 13a-14(a) of                  the                  Securities Exchange Act of 1934 |
|                            |   |                                                                                                                                                                  |
| *31.2                           |   | Certification                  of Principal Financial Officer, as required by Rule 13a-14(a) of                  the                  Securities Exchange Act of 1934 |
|                            |   |                                                                                                                                                                  |
| *32.1                           |   | Certification                  of Principal Executive Officer, as required by Rule 13a-14(b) of                  the                  Securities Exchange Act of 1934 |
|                            |   |                                                                                                                                                                  |
| *32.2                           |   | Certification                  of Principal Financial Officer, as required by Rule 13a-14(b) of                  the                  Securities Exchange Act of 1934 |

----