Assets

December 31,

March 31,

2004

(unaudited)

2004

(audited)

Current assets:

   Cash

$                     3,753

$                      362

   Prepaid consulting

263,542

-

   Refundable deposits

15,000

-

   Total current assets

282,295

362

Fixed assets

   Office equipment-net

5,050

-

Total assets

$                 287,345

$                      362

Liabilities and Stockholders' Equity

Current liabilities:

   Accounts payable

$                 497,748

$                          -

   Due to Mobile Wireless

193,725

-

   Due to stockholder

-

316,843

691,472

316,843

Long term liabilities;

   Contingent losses

100,000

-

Total liabilities

791,472

316,843

Stockholders' equity;

Preferred Stock, $0.10 par value, 25,000,000 shares authorized, zero shares issued and outstanding

-

-

Common Stock, $0.0001 par value 400,000,000 shares authorized, 348,781,638 and 228,776,854 at December 31, 2004 and March 31, 2004

34,879

22,878

   Paid in capital

6,453,487

5,284,621

   Treasury stock

(1,400)

(1,400)

   Accumulated deficit

(6,991,093)

(5,622,580)

   Total stockholders' equity (deficit)

(504,127)

(316,481)

Total liabilities and stockholders' equity

$                 287,345

$                      362