RESULTS OF OPERATIONS
As of the company's fiscal yearend, September 30, 2003 the company had no
significant business operations and generated no material revenues from
operations. The company generated expenses totaling $592,865 of which $175,000
was for officers compensation, $369,300 was for consulting services, $20,380 for
was professional services, and $28,185 was for other general and administrative
During the fiscal year, the company's only revenues was $25,000 earned from
management services provided to DCP an affiliated and legally distinct party.
During the period, the company filed a patent application on its intellectual
properties at a cost of $8338. During the period, the company finished the
redesign of the packaging for the four games the company gained the exclusive
rights for via a management agreement with DCP, Limited, an affiliated company
and began marketing those products through sales reps towards the end of the
period. During the period, the company solicited outside consultation from
unrelated and unaffiliated parties to assist the company in the development of
its business and marketing plan at a non-monetary cost in the form of the
issuance of common stock. The Board of Directors approved a total of $344,000 of
such stock issuances for such compensation during the period.
During the year, in an attempt to expand its product line the company began
exploring the opportunities to acquire an established company or enter into
license agreements with interactive educational companies who's products were
different but philosophies were similar to Make Your Move, Inc.'s. As of the
Company's fiscal yearend, the company had not acquired a company or entered into
any license agreements. The Company plans to continue exploring the
opportunities to acquire an established company or enter into license agreements
during the first or second quarter of the Company's fiscal year of 2004.
PRODUCT RESEARCH AND DEVELOPMENT AND PRODUCT LAUNCH
As of the company's fiscal yearend September 30, 2003, the company had finished
the development of the company's board games and began marketing those games
through sales reps towards the end of the period. During the period the company
generated $0 in revenues from sales. The Company plans to finish the development
of its online game site and do a launch of the site during the second quarter of
the company's fiscal year, yearend September 30, 2004. During the period, the
company filed a patent application on its proposed game system called the
"Nemesys" Over the next twelve months the Company anticipates that it will
continue to generate research and development expenses related to its proposed
Over the next twelve months the Company anticipates that in order to complete
its research and development and do a full launch of its product line, the
company will have to raise approximately $2 million. Upon the successful raise
of $2 million the company anticipates a launch of its completed board games and
proposed online game site in 2004 followed by a launch of its proposed game
system in 2005.
PLANTS AND EQUIPMENT
The Company does not presently own any plants or equipment and over the next
twelve months the Company has no plans to purchase any plants or equipment.
Upon the successful capital raise of $2 million the Company expects to
significantly increase its number of employees from currently one fulltime
employee to ten full time employees over the next twelve months.