GENERAL

We were incorporated under the laws of the State of Delaware on May 25, 2004. We commenced operations for the purposes of evaluating, structuring, and completing a merger with prospects consisting of private companies, partnerships, or sole proprietorships in the United States. On June 1, 2004, we obtained all of the shares of Universal Flirts, Inc., a New York corporation, from Darrell Lerner, the sole shareholder, in consideration for the issuance of 8,500,000 shares of our common stock to the Universal Flirts, Inc. shareholder pursuant to a Stock Purchase Agreement and Share Exchange between Universal Flirts, Inc. and us. Pursuant to the Stock Purchase Agreement and...