BUSINESS DEVELOPMENT

MotorSports Emporium, Inc. (the "Company") was incorporated as Ten Stix Inc. on January 10, 1996 under the laws of the State of Colorado to engage in the design, development and marketing of unique card games and other gaming products for the gaming industry.

During February 2004, the officers and directors of the Company formed Ten Stix Gaming, Inc., on behalf of the Company.

On August 10, 2004, Ten Stix, Inc. changed its domicile from Colorado to Nevada.

On August 26, 2004, the Company issued a total of 400,000 restricted shares of common stock valued at $1,200. 200,000 shares were issued to each of...