In this Annual Report the words "Emerge", "Emerge Capital", "Emerge Capital Corp.", the "Company", "we", "our" and "us" refer to Emerge Capital Corp., collectively with our consolidated subsidiaries, unless the context indicates otherwise. Our fiscal year ends on December 31st.

On August 31, 2005, NuWave Technologies, Inc. ("NuWave") entered into a merger agreement with Corporate Strategies, Inc. ("Corporate Strategies") and the shareholders of Corporate Strategies. The transaction is being reflected as a reverse acquisition since control of the Company has passed to the shareholders of Corporate Strategies. Subsequent to the merger, the Company...