UNITED STATES SECURITIES AND EXCHANGE COMMISSION

~~SECURITIES~~Washington, ~~AND~~D.C. ~~EXCHANGE COMMISSION~~20549

~~Washington,~~Form ~~DC 20549~~10-Q

FORM 10-QSB

	(Mark One)
R	QUARTERLY REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
	For the quarterly period ended September 30, 2008
	Or

£	TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

	For the transition period from to

[X]	Quarterly Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
	For the quarterly period ended March 31, 2007
[ ]	Transition Report pursuant to 13 or 15(d) of the Securities Exchange Act of 1934
	For the transition period to __________
	Commission File Number: 000-31361

Commission file number 001-16185

~~EncryptaKey~~PRIVIAM, ~~Inc~~INC.

(Exact name of ~~small~~registrant ~~business issuer~~ as specified in its charter)

New Jersey	22-3720628
(State or other jurisdiction of incorporation or organization)		(IRS Employer Identification No.)
(State or other jurisdiction of	(I.R.S. Employer
incorporation or organization)	Identification No.)

~~10805~~19200 ~~Holder~~Von ~~Street~~Karman Avenue, Suite ~~210~~500, ~~Cypress~~Irvine, CA ~~90630 (Address of principal executive offices)~~

~~714-821-8093~~ (~~Issuer’s~~Address of ~~telephone~~principal ~~number)~~executive ~~Futomic Industries, Inc. (Former name, former address and former fiscal year, if changed since last report~~offices)

~~Check whether the issuer~~ (1949) ~~filed all reports required to be filed by Section 13~~ or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the issuer was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days [X] Yes [ ] No622-5433

~~Indicate by check mark whether the registrant is a shell company~~ (~~as defined in Rule~~Registrant’s ~~12b-2~~telephone ofnumber, ~~the~~including ~~Exchange~~area ~~Act~~code)~~. [ ] Yes [ ] No~~

~~State~~Securities ~~the number~~registered ofpursuant ~~shares~~to ~~outstanding~~Section of12(b) ~~each~~ of the ~~issuer’s classes of common stock, as of the latest practicable date~~Act: ~~50,906,784 common shares as of March 23, 2007.~~ None

~~Transitional~~Securities ~~Small~~registered ~~Business~~pursuant ~~Disclosure~~to ~~Format~~Section 12(~~check one~~g) of the Act: ~~Yes~~Common [Stock, ]$0.0001 NoPar ~~[X]~~Value Per Share

	TABLE OF CONTENTS	Page
PART I - FINANCIAL INFORMATION
Item 1.	Financial Statements	3
Item 2.	Management’s Discussion and Analysis or Plan of Operation	4
Item 3.	Controls and Procedures	13
PART II - OTHER INFORMATION
Item 1.	Legal Proceedings	14
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	14
Item 3.	Defaults Upon Senior Securities	15
Item 4.	Submission of Matters to a Vote of Security Holders	15
Item 5.	Other Information	15
Item 6.	Exhibits	15

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes R No £

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. See definition of “accelerated filer and large accelerated filer” in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer £ Accelerated filer £ Non-accelerated filer R

Indicate by check mark whether the registrant is a shell company (as defined by Rule 12b-2 of the Exchange Act) Yes £ No R

The number of shares of common stock outstanding as of November 19, 2008 was 43,804,682.

Priviam, Inc.

Form 10-Q

For the Quarter ended September 30, 2008

Table of Contents


		Page
PART I FINANCIAL INFORMATION
Item 1	Condensed Consolidated Financial Statements

	Condensed Consolidated Balance Sheets as of September 30, 2008 (unaudited) and December 31, 2007	3

	Condensed Consolidated Statements of Operations for the Three and Nine Month Periods Ended June 30, 2008 and 2007 (unaudited)	4

	Condensed Consolidated Statements of Changes in Shareholders’ Capital Deficit for the Three and Nine Month Periods Ended September 30, 2008 and 2007 (unaudited)	5

	Condensed Consolidated Statements of Cash Flows for the Three and Nine Month Periods Ended June 30, 2008 and 2007 (unaudited)	6

	Notes to Condensed Consolidated Financial Statements (unaudited)	7

Item 2	Management’s Discussion and Analysis of Financial Condition and Results of Operations	15

Item 3	Quantitative and Qualitative Disclosures About Market Risk	18

Item 4	Controls and Procedures	19

PART II OTHER INFORMATION
Item 1	Legal Proceedings	20

Item 1A	Risk Factors	20

Item 2	Unregistered Sales of Equity Securities and Use of Proceeds	20

Item 3	Defaults Upon Senior Securities	20

Item 4	Submission of Matters to a Vote of Security Holders	20

Item 5	Other Information	20

Item 6	Exhibits	21

SIGNATURES		22

CERTIFICATIONS

~~Table~~Item of1. Condensed ~~Conents~~Consolidated Financial Statements

~~PART~~Priviam, ~~I - FINANCIAL INFORMATION~~Inc.

~~Item~~(Formerly 1EncryptaKey, Inc. ~~Financial Statements~~)

Our unaudited financial statements included in this Form 10-QSB are as follows:
F-1	Balance Sheet as of March 31, 2007;
F-2	Statements of Operations for the three months ended March 31, 2007 and 2006;
F-3	Statements of Cash Flows for the three months ended March 31, 2007 and 2006;
F-4	Notes to Financial Statements;

These unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and the SEC instructions to Form 10-QSB. In the opinion of management, all adjustments considered necessary for a fair presentation have been included. Operating results for the interim period ended March 31, 2007 are not necessarily indicative of the results that can be expected for the full year.

Table of Conents

Encryptakey, Inc.

formerly Futomic Industries, Inc.

(A Development Stage Company)

Balance ~~Sheet~~ Sheets

			March 31,2007(Unaudited)			December 31, 2006
	ASSETS
Current Assets
Cash		$	264,377		$	186,554
Security Deposits			-			-
Total Current Assets			264,377			186,554
Fixed Assets
Furniture and Equipment - Net			257,090			60,674
Invisidesk Portal - Net			550			550
Total Long Term Assets			257,640			61,224
Total Assets			$ 522,017			$ 247,778
	LIABILITIES AND STOCKHOLDERS' EQUITY
Liabilities
Notes Payable		$	310,000		$	-
Accrued Expenses			-			-
Total Liabilities			310,000			-
Stockholders' Equity
Preferred Stock, authorized 20,000,000 shares, par value $0.0001, no preferred stock is outstanding			-			-
Common Stock, authorized 100,000,000 shares, par value $0.0001, issued and outstanding on March 31, 2007 and December 31, 2006 is 51,228,450 and 49,859,000 shares respectively				5,124			4,986
Paid in Capital				2,633,887			2,223,189
Subscriptions Receivable				-			(500,000)
Accumulated Deficit During Development Stage				(2,426,994)			(1,480,397)
Total Stockholders' Equity				212,017			247,778
Total Liabilities and Stockholders' Equity			$	522,017		$	247,778

(Unaudited)


				December 31,
	September 30,			2007
	2008			(Audited)
ASSETS

Current Assets
Cash	$	15,506		$	-
Prepaid Expense		5,034			-

Total Current Assets		20,540			-

Fixed Assets
Office Equipment-net		3,126
Program Software-net		3,000

Total Fixed Assets		6,126			-

Total Assets	$	26,666		$	-


LIABILITIES AND STOCKHOLDERS' DEFICIT

Liabilities
Accounts Payable	$	25		$	59,478
Notes Payable - Shareholders		119,950			1,204,950

Total Liabilities		119,975			1,264,428

Stockholders' Deficit

Preferred Stock, authorized
20,000,000 shares, par value $0.0001,
no preferred stock is outstanding		-			-

Common Stock, authorized
500,000,000 shares, par value $0.0001,
issued: 43,804,682 and 15,762,600;
outstanding: 41,916,6459 and 13,874,563 on
September 30, 2008 and December 31, 2007
respectively		4,381			1,576

Paid in Capital		3,845,713			2,637,435

Accumulated Deficit During
Development Stage		(3,752,017	)		(3,712,053	)

Common Stock in Treasury: 1,888,037 shares
at cost		(191,386	)		(191,386	)

Total Stockholders' Deficit		(93,309	)		(1,264,428	)

Total Liabilities and Stockholders' Deficit	$	26,666		$	-

The accompanying notes are an integral part of these statements

~~F-1~~3

~~Table~~Priviam, ~~of Conents~~Inc.

~~Encryptakey,~~(Formerly EncryptaKey, Inc.)

formerly Futomic Industries, Inc.

(A Development Stage Company)

Statements of Operation

		Three Months Ended March 31,				June 24, 2003 (Inception) to March 31,
		2007		2006		2006
Operating Expenses
General and Administrative	$	93,026	$	3,869	$	426,000
Interest Expense		-		-		3,523
Advertising and Promotion		50,222		-		180,183
Research and Development		700,000		-		1,766,327
Professional Fees		103,349		-		137,349
Total Expenses		946,597		3,869		2,513,382
Net (Loss) before Extraordinary Items		(946,597)		(3,869)		(2,513,382)
Extraordinary Items
Gain on Forgiveness of Debt		-		-		89,832
Interest Income		-		-		44
Net Income/(Loss)	$	(946,597)	$	(3,869)	$	(2,423,506)
Basic and Diluted
(Loss) per Share	$	(0.02)	$	(0.00)
Weighted Average
Number of Shares		39,818,551		7,615,000
a = Less than ($0.01) per share

(Unaudited)

													June 24, 2003
	Three Months Ended						Nine Months Ended						(Inception) to
	September 30,						September 30,						September 30,
	2008			2007			2008			2007			2008
Operating Expenses
General and Administrative	$	37,641		$	74,479		$	39,829		$	425,984		$	376,291
Interest Expense		-			8,927			10,000			10,033			13,523
Advertising and Promotion		-			33,478			-			161,129			129,961
Research and Development		-			85,000			-			1,441,000			1,066,327
Professional Fees		25,213			6,565			49,613			309,075			83,613

Total Expenses		62,854			208,449			99,442			2,347,221			1,669,715

Net (Loss) before Extraordinary Items		(62,854	)		(208,449	)		(99,442	)		(2,347,221	)		(1,669,715	)

Extraordinary Items
Loss on Discontinued Operations		-			-			-			-			(2,231,657	)
Gain on Forgiveness of Debt		-			-			59,478			-			149,310
Interest Income		-			-			-			-			44

Net Income/(Loss)	$	(62,854	)	$	(208,449	)	$	(39,964	)	$	(2,347,221	)	$	(3,752,018	)

Basic and Diluted
(Loss) per Share	$	(0.00	)	$	(0.00	)	$	0.00		$	(0.05	)

Weighted Average
Number of Shares		20,031,734			50,978,771			20,031,734			50,978,771

The accompanying notes are an integral part of these statements

~~F-2~~4

~~Table~~Priviam, ~~of Conents~~Inc.

~~Encryptakey,~~(Formerly EncryptaKey, Inc.)

formerly Futomic Industries, Inc.

(A Development Stage Company)

Statements of ~~Cash~~Stockholders' ~~Flow~~Equity

	Three Months EndedMarch 31,				June 24, 2003(Inception) toMarch 31,
	2007		2006		2007
Operating Activities
Net Profit / (Loss)	$	(946,597)	$	(3,869)	$	(2,423,506)
Significant Non-Cash Transactions
Stock Issued to founders		-		-		3,002
Adjustment for reverse acqusition		-		-		117,630
Stock issued to purchase asset		190,856		-		191,406
Depreciation		3,487		435		5,280
Changes in Assets and Liabilities
(Increase)/Decrease in Deposits		-		-		-
Increase/(Decrease) in Accounts Payable		-		2,886		-
Increase/(Decrease) in Accrued Liabilities		-		-		-
Increase/(Decrease) in Wages Payable		-		(3,000)		-
Net Cash (Used) by Operating Activities		(752,254)		(3,548)		(2,106,188)
Investment Activities
Purchase of Invisidesk Portal		-		-		(550)
Equipment Purchase		(199,903)		-		(265,858)
Cash Used by Investment Activities		(199,903)		-		(266,408)
Financing Activities
Net Proceeds from loans - Related Parties		310,000		(27,009)		310,000
Purchase of Treasury Stock		-		-		(43,207)
Proceeds from sale of Common Stock		719,980		-		2,370,180
Cash Provided by Financing Activities		1,029,980		(27,009)		2,636,973
Net Increase/(Decrease) in Cash		77,823		(30,557)		264,377
Cash, Beginning of Period		186,554		30,665		-
Cash, End of Period	$	264,377	$	108	$	264,377
Supplemental Information:
Interest Paid	$	-	$	-	$	3,523
Income Taxes Paid	$	-	$	-	$	-

(Unaudited)

~~Significant~~From June ~~Non-Cash~~24, ~~Transactions~~2003 (inception) to September 30, 2008

4. The Company issued 636,120 common shares valued at $190,836 to acquire assets.

																Deficit
																Accumulated
		Price														During the
	Issue	Per		Common Stock						Paid in			Subscriptions			Development			Treasury			Total
	Date	Share		Shares			Amount			Capital			Receivable			Stage			Stock			Equity
Balance at inception, June 24, 2003					7,692,308		$	769		$	2,233		$	-		$	(4,502	)				$	(1,500	)

Adjustment effected in reverse
acqusition	15-Aug-03	$	0.007		17,493,846			1,749			115,881						4,502						122,132

Net (Loss)																	(152,649	)					(152,649	)

Balance, December 31, 2003					25,186,154			2,518			118,114			-			(152,649	)		-			(32,017	)

Common shares issued for cash	15-Mar-04	$	0.13		115,385			12			14,988												15,000
Common shares issued for cash	15-Jul-04	$	0.32		769,231			77			249,923												250,000

Net (Loss)																	(186,297	)					(186,297	)

Balance, December 31, 2004					26,070,770			2,607			383,025			-			(338,946	)		-			46,686

Common shares re-purchased by the
Company and retired	01-Jan-05	$	0.003		(14,355,385	)		(1,436	)		(41,771	)											(43,207	)

Net (Loss)																	(87,334	)					(87,334	)

Balance, December 31, 2005					11,715,385			1,171			341,254			-			(426,280	)		-			(83,855	)

Common shares issued for purchase
of technology	28-Sep-06	$	0.0003		1,692,308			169			381												550

Common shares issued for cash	12-Dec-06	$	0.30		1,933,538			193			1,885,007			(500,000	)								1,385,200

Net (Loss)																	(1,054,117	)					(1,054,117	)

Balance, December 31, 2006					15,341,231			1,533			2,226,642			(500,000	)		(1,480,397	)		-			247,778

Cash received on subscriptions														500,000									500,000

Common shares issued for cash	07-Feb-07	$	0.30		225,640			23			219,977												220,000

Common shares issued to purchase assets	07-Feb-07	$	0.30		195,729			20			190,816												190,836

Common shares returned to treasury
for sale of assets	15-Nov-07				(1,888,037	)														(191,386	)		(191,386	)

Net (Loss)																	(2,231,656	)					(2,231,656	)

Balance, December 31, 2007					13,874,563			1,576			2,637,435			-			(3,712,053	)		(191,386	)		(1,264,428	)

Common shares issued to settle debt	31-Mar-08	$	0.31		1,215,384			122			1,204,828												1,204,950

Common shares issued for executive
compensation	01-Jul-08	$	0.00		6,000,000			600			1,350												1,950

Common shares issued for asset acqusiton	01-Jul-08	$	0.00		7,692,308			769			1,731												2,500

Common shares returned and cancelled	01-Jul-08	$	0.00		(3,692,308	)		(369	)		369												-

Adjustment to Reconcile to Transfer Agent	01-Jul-08				(183,302	)		(18	)		-												(18	)

Common shares issued for
Executive compensation	28-Aug-08	$	0.00		12,000,000			1,200			-												1,200

Common shares issued to purchase	28-Aug-08	$	0.00
assets					5,000,000			500			-												500

Common Shares issued for services	28-Aug-08	$	0.00		10,000			1			-												1

Net (Loss)																	(39,964	)					(39,964	)

Balance, September 30, 2008					41,916,645		$	4,381		$	3,845,713		$	-		$	(3,752,017	)	$	(191,386	)	$	(93,309	)

On August 7, 2006 the Company exercised a 5:1 forward stock split that has been retroactively applied to this schedule thereby increasing the number of shares issued and decreasing the price per share.

On July 1, 2008 the Company executed a 1:3.25 reverse stock split that has been retroactively applied to this schedule thereby decreasing the number of share issued and increasing the price per share.

The accompanying notes are an integral part of these statements

~~F-3~~5

~~Table~~Priviam, ~~of Conents~~Inc.

(Formerly EncryptaKey, Inc.)

Formerly Futomic Industries, Inc.

(A Development Stage Company)

~~NOTES~~Statement TOof ~~FINANCIAL~~Cash ~~STATEMENTS~~Flows

(March 31, 2007 and December 31, 2006)


													June 24, 2003
	Three Months Ended						Nine Months Ended						(Inception) to
	September 30,						September 30,						September 30,
	2008			2007			2008			2007			2008

Operating Activities

Net Profit / (Loss)	$	(62,854	)	$	(208,449	)	$	(39,964	)	$	(2,347,221	)	$	(3,752,018	)

Adjustments to reconcile Net (Loss) to cash:
Stock Issued to founders		-			-			-			-			3,002
Stock Issued for Services		6,133						6,133						6,133
Gain on Forgiveness of Debt		-			-			(59,453	)		-			(59,478	)
Adjustment for reverse acquisition		-			-			-			-			117,630
Stock issued to purchase asset		-			-			-			190,836			191,386
Depreciation and Amortization		-			9,195			-			16,529			-
Changes in Assets and Liabilities
(Increase)/Decrease in Employee Loans		-			(200	)		-			(3,897	)		-
(Increase)/Decrease in Prepaid Exepsne		(5,034	)					(5,034	)					(5,034	)
Increase/(Decrease) in Accounts Payable		25			84,598			-			288,919			59,503
Increase/(Decrease) in Wages Payable		-			-			-			-			-

Net Cash (Used) by Operating Activities		(61,730	)		(114,856	)		(98,318	)		(1,854,834	)		(3,438,876	)

Investment Activities
Treasury Stock		-			-			-			-			(191,386	)
Stock Issued for asset purchase		(3,000	)		-			(3,000	)		-			(3,000	)
Equipment (Purchase)/Sale		(3,126	)		-			(3,126	)		(254,023	)		(3,126	)

Cash (Used) by Investment Activities		(6,126	)		-			(6,126	)		(254,023	)		(197,512	)

Financing Activities
Net Proceeds/(repayment) from loans		25,000			99,985			119,950			1,204,950			119950
Related Parties		-			-			-			-			-
Stock issued to settle debt		-			-			-			-			1,204,951
Purchase and Cancellation of Treasury Stock		-			-			-			-			(43,207	)
Proceeds from sale of Common Stock		-			-			-			720,000			2,370,200

Cash Provided by Financing Activities		25,000			99,985			119,950			1,924,950			3,651,894

Net Increase/(Decrease) in Cash		(42,856	)		(14,871	)		15,506			(183,907	)		15,506

Cash, Beginning of Period		58,362			17,518			-			186,554			-

Cash, End of Period	$	15,506		$	2,647		$	15,506		$	2,647		$	15,506

Cash Paid For:
Interest	$	-		$	-		$	-		$	-		$	13,556
Income Taxes	$	-		$	-		$	-		$	-		$	-

Non-cash Activities:
Stock Issued to founders	$	-		$	-		$	-		$	-		$	3,002
Gain of Forgiveness of Debt	$	-		$	-		$	59,478		$	-		$	59,478
Adjustment for reverse acquisition	$	-		$	-		$	-		$	-		$	117,630
Stock Issued for services	$	6,133		$	-		$	6,133		$	-		$	6,133
Stock Issued to settle Debt	$	-		$	-		$	1,204,950		$	-		$	1,204,950
Stock issued to purchase assets	$	3,000		$	-		$	3,000		$	190,836		$	194,386
Stock returned to treasury for sale of assets	$	-		$	-		$	-		$	-		$	(191,386	)
Depreciation and Amortization	$	-		$	3,487		$	-		$	3,487		$	-

The accompanying notes are an integral part of these statements

Priviam, Inc.

(Formerly EncryptaKey, Inc.)

(A Development Stage Company)

NOTES TO UNAUDITED FINANCIAL STATEMENTS

(September 30, 2008 and December 31, 2007)

NOTE 1. GENERAL ORGANIZATION AND BUSINESS

~~EncryptaKey~~Priviam, Inc., (the Company), was incorporated in the state of New Jersey on April 6, ~~2000~~ 2000 as Segway VI Corp. The company has undergone the following name changes: on August 13, 2003 to 3DLP International Inc., on April 19 2004 to ~~Futomic~~ Futomic Industries Inc.; ~~and then~~ on February 19, 2007, ~~subsequent~~ to ~~the~~EncryptaKey, ~~date~~Inc. ofand finally ~~these statements~~on July 1, 2008 to ~~EncryptaKey~~Priviam, Inc.

On August 15, 2003, the Company acquired Selectrics Corporation (Selectrics), a Delaware Corporation organized on June 24, 2003, in a one-for-one common stock exchange. This transaction resulted in a change of control and was treated as a reverse acquisition with EncryptaKey, Inc. being the surviving legal entity and Selectrics the surviving accounting acquirer. Accordingly, the equity accounts and accumulated deficits prior to the merger have been adjusted to reflect those of Selectrics. The Company is considered to be in the development stage.

The company is in the business toof ~~develop~~developing and ~~market~~marketing identity and data ~~security~~ security technologies that enable the highest level of secure commercial and ~~financial~~ financial transaction both in person and over the internet, providing an ~~effective~~ effective shield to identity theft.

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING PRACTICES

The relevant accounting policies and procedures are listed below.

Accounting Basis

The statements were prepared following generally accepted accounting principles of the United States of America consistently applied.

Management Certification

The financial statements herein are certified by the officers of the Company to present fairly, in all material respects, the financial position, results of operations and cash flows for the periods presented, in conformity with accounting principles generally accepted in the United States of America, consistently applied.

Fiscal Year

The Company operates on a December 31st fiscal year end.

F-4

Table of Conents

Research and Development Costs

Research and Development costs are expensed as incurred in accordance with generally accepted accounting principles. Costs in association with the development of a patented technology when computer software is developed will be capitalized when technological feasibility is established in accordance with financial accounting standard No. 86

Basic and Diluted Net Income (Loss) Per Share

The Company computes net income (loss) per share in accordance with Statement of Financial Accounting Standards (“SFAS”) No. 128, "Earnings per Share". SFAS No. 128 requires presentation of both basic and diluted earnings per share (EPS) on on the face of the income statement. Basic EPS is computed by dividing net ~~income~~ income (loss) available to common shareholders (numerator) by the weighted ~~average~~ average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the ~~period~~ period using the treasury stock method..

The numerators and denominators used in the computations of basic and diluted EPS are presented in the following table:

	31-Mar-2007	2005
		30-Sep-2008			31-Dec-2007
Numerators for Basic and Diluted EPS Net income/(loss) to common shareholders	($946,597)	($1,054,117)
Numerators for Basic and Diluted EPS
Denominators for Basic and Diluted EPS Weighted average of shares outstanding	50,726,318	39,818,55
Net income/(loss) to common shareholders		$	(39,964	)	$	(2,231,657	)
Basic and DilutedEarnings/(Loss) Per Share	($0.02)	($0.00)
Denominators for Basic and Diluted EPS
Weighted average of shares outstanding			20,031,734			45,092,229
Basic and Diluted Earnings/(Loss) Per Share		$	(0.00	)	$	(0.05	)

Dividends

The Company has not yet adopted any policy regarding payment of dividends. No dividends have been paid during the periods shown.

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.

~~F-5~~8

Table of Conents

Property and Equipment

Property and equipment are carried at cost and depreciated on a straight-line ~~bases~~ basis over their useful lives. Office Equipment is depreciated over five years.

Income Taxes

The provision for income taxes is the total of the current taxes payable and the net of the change in the deferred income taxes. Provision is made for the deferred income taxes where differences exist between the period in which transactions affect current taxable income and the period in which they enter into the determination of net income in the financial statements.

NOTE 3. GOING CONCERN

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of its assets and the liquidation of its liabilities in the normal course of business. However, the Company is in its development stage and has never generated revenues. The Company has accumulated a loss of $23,~~423~~752,~~506~~018 during its development stage. This raises substantial doubt about the Company’s ability to continue as a going concern. The financial statements do not include any adjustments that might result from this uncertainty.

~~Management’s~~Managements Plan

~~Management has successfully raised $2,105,200 in a private offering that closed on February 7, 2007.~~ The Company continues to seek funding from its shareholders and other ~~qualified~~ qualified investors to pursue its business plan.

NOTE 4. STOCKHOLDERS’ EQUITY

Preferred Stock

The Company is authorized 20,000,000 shares of preferred stock at a $0.0001 par value and currently has zero shares of preferred stock issued and outstanding.

Common Stock

~~The~~As of July 1, 2008 the Company isincreased ~~authorized~~its authorization to issue ~~100~~500,000,000 shares of common stock, par value $0.0001 per share. On AsAugust ~~of December 31~~7, 2006, ~~there~~the Company ~~were~~exercised ~~49,859,000~~a ~~shares of common~~five for one forward stock ~~outstanding~~split. On ~~August~~July 730, 2008 ~~2006,~~ the Company ~~exercised~~executed a ~~five for one~~1:3.25 ~~forward~~reverse stock split. All share amounts herein are adjusted to give effect to ~~the~~ both stock ~~split~~splits and ~~have also been adjusted to reflect~~ the adjusted ~~equity~~ equity resulting from the August 15, 2003 reverse merger.

~~F-6~~9

~~Table~~During 2003, the Company issued 25,186,154 post-split shares of ~~Conents~~common stock in the following transactions:

~~During~~ · On June 24, 2003, the Company issued 817,~~855~~692,~~000~~308 post-split shares ofto ~~common~~its ~~stock~~founder ~~in the following~~for ~~transactions:~~$3,002.

· On ~~June~~August 2415, 2003, the Company issued 2517,~~000~~493,~~000~~846 common shares to ~~its~~execute ~~founder~~the acquisition of Selectrics Corporation in a one for one share exchange for a value of $3117,~~002~~630. This acquisition was recorded as a reverse merger with Selectrics the surviving historical accounting company. Accordingly, the equity and accumulated deficit are adjusted to reflect Seletrics history.

~~· On August 15~~During 2004, ~~2003~~ the Company 56issued 884,~~855,000~~616 ~~common~~post-split shares ~~to execute the acquisition~~ of ~~Selectrics~~common ~~Corporation~~stock in ~~a one for one share exchange for a value of $121,882. This acquisition was recorded as a reverse merger with Selectrics~~ the following ~~surviving historical accounting company. Accordingly the equity and accumulated deficit are adjusted to reflect Seletrics history.~~transactions:

~~During~~ · On March 15, 2004, the Company issued 2115,~~875,000~~385 ~~post-split~~ shares offor ~~common~~$15,000 ~~stock~~cash in ~~the following~~a ~~transactions:~~private placement.

· On ~~March~~July 1523, 2004, the Company issued ~~375~~769,~~000~~231 shares ~~for $15,000 cash~~ in a private placement for $250,000 cash.

~~· On July 23~~During 2005, ~~2004~~ the Company ~~issued~~received 214,~~500~~355,~~000~~385 post-split common shares ininto aits ~~private~~treasury from ~~placement~~a shareholder for cash and other property valued at $~~250~~43,~~000 cash~~207.

During ~~2005~~2006, the Company ~~received~~issued 463,~~655~~625,~~000~~826 ~~common~~post-split shares ~~into~~of ~~its~~common ~~treasury~~stock ~~from~~in the ~~a shareholder~~following ~~for cash and other property valued at $43,207.~~ transactions:

~~During~~ · On September 28, 2006, the Company ~~issued~~entered 11into an Asset Purchase Agreement with Owen Consulting LLC to acquire the right,~~784~~ title and interest in technology commonly known as the EncryptaKey Secure communication Portal by issuing 1,~~000~~692,308 shares of common stock at $0.0001 per share. The technology and associated intellectual property has been memorialized by patent application. However, it is still in development and the ~~following transactions:~~associated costs are expensed to research and development. Because of the limited public market for the Company stock, Par-value of the pre-split shares ($550) was used to record this transaction.

· On ~~September~~December 2812, 2006, the Company ~~entered~~issued ~~into an Asset Purchase Agreement with Owen Consulting LLC to acquire the right~~1,933,538 ~~title~~common ~~and~~shares ~~interest~~ in ~~technology~~a ~~commonly~~private ~~known~~offering ~~as the EncryptaKey Secure communication Portal by issuing 5,500,000 shares of common stock~~ at $0.~~0001~~30 per pre-split share. ~~The~~for ~~technology~~$1,385,200 and ~~associated~~$500,000 ~~intellectual~~subscriptions ~~property has been memorialized by patent application~~receivable. ~~However,~~The itCompany isextended ~~still in development and~~ the ~~associated~~closing ~~costs are expensed to research and development. Because~~ of the ~~limited~~offering ~~public~~to ~~market~~February ~~for the Company stock~~7, ~~Par-value was used to record this transaction~~2007.

~~· On December 12~~During 2007, ~~2006,~~ the Company issued 6421,~~284,000~~369 post-split common shares in ~~a private offering at $0.30 per share for $1,385,200 and $500,000 subscriptions receivable. The Company extended~~ the ~~closing of the offering to February 7, 2007~~following transactions:

~~During 2007, the Company issued 1,369,450 common shares in the following transactions:~~10

· On February 7, 2007 the Company issued ~~733~~225,~~330~~640 common shares in a private offering at $0.30 per pre-split share for $220,000 and received cash on outstanding subscription receivable in the amount of $500,000.

· On February 7, 2007 the Company issued ~~636~~195,~~120~~729 common shares at $0.30 per pre-split share to purchase fixed assets valued at $190,836.

F· On November 15, 2007 the Company received the return of 1,888,037 post-7split shares for the sale of all assets with a total net value of $191,386. The shares have not been cancelled and are held in treasury.

~~Table~~During of2008, ~~Conents~~the Company issued 28,042,082 post-split common shares and cancelled 3,875,610 post-split common shares in the following transactions:

·	On March 31, 2008 the Company issued 1,215,384 common shares in settlement and release of $1,204,950 in notes payable.

·	On July 1, 2008 the Company issued 6,000,000 post-split common shares at $0.0001 par value for 19,500,000 pre-split shares or $1,950 for executive services.

·	On July1, 2008 the Company issued 7,692,308 post-split common shares at $0.0001 par value for 25,000,000 pre-split shares or $2,500 for the acquisition of certain program software assets.

·	On July 1, 2008 the Company received the return and cancelled 3,692,308 post-split common shares.

·	On July 1, 2008 the Company adjusted its Stockholders equity to reconcile with the transfer agent records by reducing the reported outstanding shares by 183,302 common shares.

On August 28, 2008 the Company issued 12,000,000 common shares at par-value of $1,200 for executive compensation; 5,000,000 common shares at par value of $500 to acquire certain program software assets; and issued 10,000 common shares at par value of $1 as an incentive to make a $5,000 loan to the company.

NOTE 5. COMMITMENTS AND CONTINGENCIES - RELATED PARTY

Research and Development with Owens Consulting, LLC

On September 28, 2006, the Company entered into an Asset Purchase Agreement with Owen Consulting, LLC, a California limited liability company with Mr. Kelly Owen, the Company’s CEO the principle member. Pursuant to that agreement, the Company issued 5,500,000 shares of common stock and acquired assets consisting of all right, title and interest in a biometric security technology commonly known as the EncryptaKey Secure Communication Portal as memorialized in a patent application.

On October 1, 2006 the Company entered into an associated consulting agreement with Owen Consulting, LLC to complete the development of the EncryptaKey Secure Communication Portal. The terms of the agreement require payment at the rate of $25.00 per hour for actual hours incurred for research and development. The project involves the efforts of over 100 programmers and technicians. As of December 31, 2006 the Company has been invoiced and paid $890,000 on this contract which has been expensed as Research and Development costs. 11

~~During~~On October 1, 2006 the ~~first~~Company ~~quarter~~entered ofinto ~~2007~~an associated consulting agreement with Owen Consulting, LLC to complete the ~~company~~development ~~has~~of bethe ~~invoiced~~EncryptaKey ~~and~~Secure Communication ~~paid~~Portal. The anterms ~~additional~~of the agreement required payment at the rate of $~~700,000~~25.00 onper ~~this~~hour ~~contract~~for ~~and~~actual ~~expects~~hours ~~that~~incurred ~~its~~for ~~commitment~~research toand development. The ~~complete~~project involved the efforts of over 100 programmers ~~development~~and technicians. As of December 31, 2006 the ~~EncryptaKey~~Company ~~technology~~had tobeen invoiced ~~exceed~~and paid $21,~~500~~066,~~000.~~327 on this contract which had been expensed as Research and Development costs.

~~Gain~~During the year of 2007 the company was invoiced and paid an additional $1,501,459 on this ~~Forgiveness~~contract. The agreement was terminated with the sale of ~~Debt~~assets as described in note 7.

From time-to-time shareholders advance the Company its working capital needs. The balance at December 31, 2006 and 2005 was $0.00 and $95,942 respectively. Interest is accrued on these loans at a rate of 3% on an annual basis.Contingency

AsOn ~~of December~~September 3120, 2006, an Officer of the Company ~~recognized~~entered ~~forgiveness~~into a settlement agreement with an individual who was to be employed with the company as the result of ~~related~~a ~~party~~planned ~~debt~~merger that was cancelled. The settlement agreement stipulated the issue of 4,000,000 common shares in asettlement of all ~~transaction~~outstanding ~~that~~issues between the parties involved which included the Company. The ~~transfer~~Officer of the Company’s ~~assets.~~agreed ~~Forgiveness~~to oftransfer shares from is ~~debt~~personal ~~amounted~~holdings toin ~~$89,832~~settlement of this contingency.

NOTE 67. ~~PROVISION~~ SALE ~~FOR~~OF ~~INCOME TAXES~~ASSETS

~~The~~On November 15, 2007 the Company ~~provides~~sold ~~for~~all ~~income~~its ~~taxes~~assets ~~under~~to ~~Statement~~a ofrelated ~~Financial~~party ~~Accounting~~for the ~~Standards~~return ~~NO.~~of ~~109~~6,136,120 ~~Accounting~~common ~~for~~shares ~~Income~~valued ~~Taxes.~~at ~~SFAS~~$191,386 ~~No.~~and ~~109~~ended ~~requires~~its ~~the~~consulting ~~use~~contract ~~of an~~with ~~asset~~Owen ~~and~~Consulting, ~~liability~~LLC. The ~~approach~~shares are held in ~~accounting~~treasury and ~~for~~have ~~income~~not ~~taxes.~~been cancelled.

~~SFAS~~NOTE No8. PROVISION ~~109~~FOR ~~requires~~INCOME the reduction of deferred tax assets by a valuation allowance if, based on the weight of available evidence, it is more likely than not that some or all of the deferred tax assets will not be realized. The total deferred tax asset is $325,687 as of December 31, 2006 which is calculated by multiplying a 22% estimated tax rate by the cumulative NOL of $860,646 The total valuation allowance is a comparable $325,687.TAXES

~~F-8~~The Company provides for income taxes under Statement of Financial Accounting Standards No. 109, Accounting for Income Taxes. SFAS No. 109 requires the use of an asset and liability approach in accounting for income taxes.

~~Table~~SFAS No. 109 requires the reduction of ~~Conents~~deferred tax assets by a valuation allowance if, based on the weight of available evidence, it is more likely than not that some or all of the deferred tax assets will not be realized. The total deferred tax asset is $816,652 as of December 31, 2007 which is calculated by multiplying a 22% estimated tax rate by the cumulative NOL of $3,712,053. The total valuation allowance is a comparable $816,652.

The provision for income taxes for the period ended December 31, 2006 and 2005 follows:

Year Ended December 31,	2006	2005
		2007			2006
Deferred Tax Asset	~~$231,906~~	$~~19,216~~	490,965		$	231,906
Valuation Allowance	~~(231,906)~~	~~(19,216)~~	(490,965	)		(231,906	)
Current Taxes Payable	~~0.00~~	~~0.00~~	0.00			0.00
Income Tax Expense	~~$ 0.00~~	$ ~~0.00~~	0.00		$	0.00

Below is a chart showing the estimated federal net operating losses and the years in which they will expire.:

~~Year~~	~~Amount~~Year	~~Expiration~~		Amount	Expiration
~~2003~~	~~$152,649~~2003	~~2023~~	$	152,649	2023
~~2004~~	~~186,296~~2004	~~2024~~		186,296	2024
~~2005~~	~~87,334~~2005	~~2025~~		87,334	2025
~~2006~~	~~1,054,117~~2006	~~2006~~		1,054,117	2026
Total	$1,480,396
	2007			2,231,657	2027
	Total		$	3,712,053

NOTE 79. ~~COMMITMENTS~~ NOTES ~~AND~~PAYABLE ~~CONTINGENCIES~~- SHAREHOLDERS

OnDuring ~~October 1, 2006~~ the ~~Company~~year ~~entered~~ended ~~into~~December ~~a consulting agreement with Owen Consulting~~31, ~~LLC~~2007 ~~to complete~~ the ~~development~~Company ofhad ~~the~~received ~~EncryptaKey~~a ~~Secure Communication~~total ~~Portal. The terms~~ of ~~the agreement require payment at the rate of~~ $~~25.00~~1,204,950 in ~~per~~loans ~~hour~~from ~~actual~~company ~~hour~~shareholders ~~incurred~~that ~~for~~have ~~research~~been ~~and~~settled ~~development~~ through ~~September~~ ~~30, 2007. The project currently involves~~ the ~~efforts~~issue of ~~over 100~~ ~~programmers~~1,215,384 ~~and~~post-split ~~technicians.~~shares As of ~~December~~commons ~~31, 2006 the Company has been invoiced and paid $890,000 on this contract~~stock.

During the ~~first~~nine ~~quarter~~months ofended ~~2007~~September ~~the~~30, ~~company~~2008 ~~has~~the beCompany ~~invoiced~~received ~~and paid an additional~~ $~~700~~119,~~000.~~950 ~~The Company expects that its commitment to complete the development~~in ~~of the~~operational ~~EncryptaKey~~loans ~~technology~~from toa ~~exceed~~company ~~$2,500,000~~shareholder.

NOTE 8 10. THE EFFECT OF RECENTLY ISSUED ACCOUNTING STANDARDS

Below is a listing of the most recent Statement of Financial Accounting Standards (SFAS) issued by the Financial Accounting Standards Board (FASB) SFAS ~~155-~~157-163 and their effect on the Company.

Statement No. ~~155~~157 -– ~~Accounting for~~Fair ~~Certain Hybrid Financial Instruments~~ Value Measurements

In February 2006, the FASB issued SFAS No. 155, Accounting for Certain Hybrid Financial Instruments, which amends SFAS No. 133, Accounting for Derivatives Instruments and Hedging Activities and SFAS No. 140, Accounting for Transfers and Servicing of Financial Assets and Extinguishment of Liabilities. SFAS No. 155 amends SFAS No. 133 to narrow the scope exception for interest-only and principal-only strips on debt instruments to include only such strips representing rights to receive a specified portion of the contractual interest or principle cash flows. SFAS No. 155 also amends SFAS No. 140 to allow qualifying special-purpose entities to hold a passive derivative financial instrument pertaining to beneficial interests that itself is a derivative instrument.

F-9

Table of Conents

Statement No. 156 - Accounting for Servicing of Financial Assets

In March 2006, the FASB issued SFAS No. 156, Accounting for Servicing of Financial Assets, which provides an approach to simplify efforts to obtain hedge-like (offset) accounting. This Statement amends FASB Statement No. 140, Accounting for Transfers and Servicing of Financial Assets and Extinguishments of Liabilities, with respect to the accounting for separately recognized servicing assets and servicing liabilities. The Statement (1) requires an entity to recognize a servicing asset or servicing liability each time it undertakes an obligation to service a financial asset by entering into a servicing contract in certain situations; (2) requires that a separately recognized servicing asset or servicing liability be initially measured at fair value, if practicable; (3) permits an entity to choose either the amortization method or the fair value method for subsequent measurement for each class of separately recognized servicing assets or servicing liabilities; (4) permits at initial adoption a one-time reclassification of available-for-sale securities to trading securities by an entity with recognized servicing rights, provided the securities reclassified offset the entity's exposure to changes in the fair value of the servicing assets or liabilities; and (5) requires separate presentation of servicing assets and servicing liabilities subsequently measured at fair value in the balance sheet and additional disclosures for all separately recognized servicing assets and servicing liabilities. SFAS No. 156 is effective for all separately recognized servicing assets and liabilities as of the beginning of an entity's fiscal year that begins after September 15, 2006, with earlier adoption permitted in certain circumstances. The Statement also describes the manner in which it should be initially applied.

Statement No. 157 - Fair Value Measurements

In September 2006, the FASB issued SFAS No. 157, Fair Value Measurements, to clarify how to measure fair value and to expand disclosures about fair value measurements. The expanded disclosures include the extent to which companies measure assets and liabilities at fair value, the information used to measure fair value, and the effect of fair value on earnings and is applicable whenever other standards require (or permit) assets and liabilities to be measured at fair value. SFAS 157 is effective for financial statements issued for fiscal years beginning after November 15, 2007 and interim periods within those fiscal years.

The adoption of ~~these~~this new ~~Statements~~Statement ishas not ~~expected~~had ~~to have~~ a material effect on the Company’s current financial position, results or operations, or cash flows.

~~F-10~~12

~~Table~~Statement No. 159 – The Fair Value Option for Financial Assets and Financial Liabilities—Including an amendment of ~~Conents~~FASB Statement No. 115

~~Item~~In 2February 2007, the FASB issued SFAS No. ~~Management’s~~ 159, The Fair Value Option for Financial ~~Discussion~~Assets and ~~Analysis~~Financial Liabilities—Including an amendment of FASB Statement No. 115. This standard permits an entity to choose to measure many financial instruments and certain other items at fair value. This option is available to all entities. Most of the provisions in FAS 159 are elective; however, an amendment to FAS 115 Accounting for Certain Investments in Debt and Equity Securities applies to all entities with available for sale or ~~Plan~~trading securities. Some requirements apply differently to entities that do not report net income. SFAS No. 159 is effective as of ~~Operation~~the beginning of an entities first fiscal year that begins after November 15, 2007. Early adoption is permitted as of the beginning of the previous fiscal year provided that the entity makes that choice in the first 120 days of that fiscal year and also elects to apply the provisions of SFAS No. 157 Fair Value Measurements.

Adoption of this pronouncement has not had a material effect on the Company’s consolidated financial statements.

Statement No. 141 (revised 2007) – Business Combinations

In December 2007, the FASB revised SFAS No. 141 (revised 2007), Business Combinations. This revision changes the way the minority interest in a company is measured, recorded and reported in the parent companies financial statements to the end that a statement user can better evaluate the nature and financial effects of the business combination. The Company will adopt this statement beginning March 1, 2009.

It is not believed that this will have an impact on the Company’s consolidated financial position, results of operations or cash flows.

Statement No. 160 – Noncontrolling Interests in Consolidated Financial Statements—an amendment of ARB No. 51

In December 2007, the FASB issued SFAS No. 160, Noncontrolling Interests in Consolidated Financial Statements—an amendment of ARB No. 51. A noncontrolling interest, sometimes called a minority interest, is the portion of equity in a subsidiary not attributable, directly or indirectly, to a parent. The objective of this Statement is to improve the relevance, comparability, and transparency of the financial information that a reporting entity provides in its consolidated financial statements related to the noncontrolling or minority interest.

The Company will adopt this statement beginning March 1, 2009. It is not believed that this will have an impact on the Company’s consolidated financial position, results of operations or cash flows.

Statement No. 161 – Disclosures about Derivative Instruments and Hedging Activities—an amendment to FASB No. 133

In March 2008, the FASB, issued SFAS No. 161, Disclosures about Derivative Instruments and Hedging Activities—an amendment of FASB Statement No. 133. This standard requires companies to provide enhanced disclosures about (a) how and why an entity uses derivative instruments, (b) how derivative instruments and related hedged items are accounted for under Statement 133 and its related interpretations, and (c) how derivative instruments and related hedged items affect an entity’s financial position, financial performance, and cash flows. This Statement is effective for financial statements issued for fiscal years and interim periods beginning after November 15, 2008, with early application encouraged.

The Company has not yet adopted the provisions of SFAS No. 161, but does not expect it to have a material impact on its consolidated financial position, results of operations or cash flows.

Statement No. 162 – The Hierarchy of Generally Accepted Accounting Principles

In May 2008, the Financial Accounting Standards Board (“FASB”) issued SFAS No. 162, The Hierarchy of Generally Accepted Accounting Principles. SFAS No. 162 sets forth the level of authority to a given accounting pronouncement or document by category. Where there might be conflicting guidance between two categories, the more authoritative category will prevail. SFAS No. 162 will become effective 60 days after the SEC approves the PCAOB’s amendments to AU Section 411 of the AICPA Professional Standards.

SFAS No. 162 has no effect on the Company’s financial position, statements of operations, or cash flows at this time.

Statement No. 163 – Accounting for Financial Guarantee Insurance Contracts – and interpretation of FASB Statement No. 60

In May 2008, the Financial Accounting Standards Board (“FASB”) issued SFAS No. 163, Accounting for Financial Guarantee Insurance Contracts-and interpretation of FASB Statement No. 60. SFAS No. 163 clarifies how Statement 60 applies to financial guarantee insurance contracts, including the recognition and measurement of premium revenue and claims liabilities. This statement also requires expanded disclosures about financial guarantee insurance contracts. SFAS No. 163 is effective for fiscal years beginning on or after December 15, 2008, and interim periods within those years.

SFAS No. 163 has no effect on the Company’s financial position, statements of operations, or cash flows at this time.

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

Forward-Looking Statements

In this quarterly report, references to “Priviam, Inc.”, “Priviam”, “the Company”, “we”, “us”, and “our” refer to Priviam, Inc.

Certain statements, other than purely historical information, including estimates, projections, statements relating to our business plans, objectives, and expected operating results, and the assumptions upon which those statements are based, are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements generally are identified by the words “believes,” “project,” “expects,” “anticipates,” “estimates,” “intends,” “strategy,” “plan,” “may,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. We intend such forward-looking statements to be covered by the safe-harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and are including this statement for purposes of complying with those safe-harbor provisions. Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties which may cause actual results to differ materially from the forward-looking statements. Our ability to predict results or the actual effect of future plans or strategies is inherently uncertain. Factors which could have a material adverse affect on our operations and future prospects on a consolidated basis include, but are not limited to: changes in economic conditions, legislative/regulatory changes, availability of capital, interest rates, competition, and generally accepted accounting principles. These risks and uncertainties should also be considered in evaluating forward-looking statements and undue reliance should not be placed on such statements. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Further information concerning our business, including additional factors that could materially affect our financial results, is included herein and in our other filings with the SEC.

Business ~~Development~~Overview

WePriviam, ~~were~~Inc. (the “Company”) was incorporated in the State of New Jersey on April 6, 2000 under the name “Segway VI Corp.” The OnCompany amended its Articles of Incorporation on August 1329, 2003, wechanging ~~changed~~its ~~our~~ name to 3DLP International Inc. ~~In June~~and ofagain ~~2004,~~on weAugust ~~changed~~29, ~~our~~2005, changing its name to Futomic Industries, Inc. ~~and~~Subsequently, ~~subsequently filed Articles of Amendment with~~ the ~~State~~Company ~~of New Jersey formally implementing~~amended ~~that~~its ~~name~~Articles ~~change~~of Incorporation on ~~October~~March 1512, ~~2005. On February 19,~~ 2007, ~~our~~changing ~~Board~~its ~~of Directors~~name ~~unanimously~~from ~~resolved to amend our articles of incorporation to change~~Futomic ~~our~~Industries, ~~name~~Inc. to EncryptaKey, Inc. On ~~Subsequently,~~August ~~a majority of our shareholders~~1, ~~acting~~ ~~by written consent~~2008, ~~consented to~~ the ~~name~~Company amended ~~change~~its ~~and~~Articles ~~the amendment to our articles~~ of ~~incorporation~~Incorporation ~~necessary~~ to ~~effect that~~ change~~. Under~~ ~~our articles~~its ~~and~~name ~~bylaws,~~from ~~no other approvals are necessary or required. On February 22~~EncryptaKey, ~~2007 we filed a Form DEF 14C with the SEC effecting the above actions~~Inc. ~~On March~~to 13Priviam, ~~2007~~Inc. weon ~~filed~~August a1, ~~Certificate of Amendment to our Articles of Incorporation with the Division of Revenue of the State of New Jersey effecting the name change~~2008.

4On August 28, 2008, the Company entered into an asset purchase agreement with Nexicon, Inc., pursuant to which we acquired all right, title and interest in the NexiOne device and all intellectual property related thereto in exchange for 5,000,000 shares of the Company’s common stock. The NexiOne device is a mobile enterprise security device which performs similar functions to the PriviCom™ product line currently being developed by the Company.

~~Table~~The PriviCom™ product line offers financial, medical, Federal government and Department of ~~Conents~~Defense users with the means to access secure, sensitive information with reasonably priced and easily mass deployed devices that connect to their current portable/mobile computer assets, which ”securely" reach back to their IT Operations Centers/Network servers or desktops.

~~Previously,~~The wePriviCom ~~were~~G2™ ~~engaged~~is ina ~~the~~based ~~research,~~on ~~development and distribution of various technologies including~~ a 3Dnon-biometric ~~Adapter~~2-Gigabyte ~~for~~USB ~~the~~FLASH ~~Sony~~or ~~Playstation II~~(Thumb) Drive, ~~and~~while ~~an incomplete~~the 3DPriviCom ~~Laser~~G2 ~~projection~~B ~~system~~™ tois ~~display~~based 3Don ~~images.~~a On2-Gigabyte ~~June~~USB ~~20,~~Biometric ~~2005,~~thumb ~~we sold~~Drive, ~~our~~both ~~video~~based ~~game~~on ~~related~~Commercial ~~technologies~~off tothe ~~SplitFish~~Shelf ~~Gameware~~(COTS) ~~Inc.~~thumb ofand ~~Edmonton,~~biometric thumb ~~Canada,~~drives. These adrives ~~company~~are ~~owned~~able byto ~~Mr. Ken~~take ~~Tetterington~~over ~~who~~any ~~was~~PC-based ~~formerly~~system ~~our~~and ~~principal~~initiate ~~shareholder,~~a ~~officer~~secure ~~and~~point-to-point ~~director.~~connection Asto athe ~~result~~end ofuser’s ~~this transaction~~desktop, network ~~we are~~or noserver. There ~~longer~~is inno ~~the~~data ~~video~~left ~~game~~on ~~hardware~~the ~~business.~~PC-based ~~The~~system ~~primary~~once ~~reason for~~the ~~exiting~~end-user ~~this~~completes ~~business~~the ~~was~~processing. Special tooptions allow usthe end-user to ~~focus~~activate onany ~~our~~number ~~other~~of ~~business~~applications, ~~the research~~which ~~and~~are ~~development~~all ofcontrolled ~~smart~~by ~~card technology related to~~ the ~~biometric~~network ~~security industry~~administrator. The ~~However,~~solution weis ~~lacked~~scalable ~~the~~and ~~funding~~does tonot ~~pursue~~require extensive ~~this~~system ~~line~~integration ~~of business~~ and/or ~~were~~network ~~forced to shelve it until such time as we were able to acquire~~configurations. PriviCom uses the ~~necessary~~latest ~~capital~~IPSEC tostandards; ~~proceed.~~thus Atenforcing ~~present,~~current ~~and~~security ~~for the foreseeable future~~architecture, ~~our~~posture ~~smart~~and ~~card related security business plan remains on hold~~protocols.

~~Our~~PriviCom ~~current~~USB ~~business~~thumb ~~plan~~drives isare ~~focused~~read-only upon the research, development, manufacture and sale of the biometric security technology we recently acquired from Owen Consulting, LLC, an entity owned and controlled by our current CEO and director, Kelly Owendevice. ~~On September 28~~ Consequently, ~~2006,~~nothing wecan ~~entered into an Asset Purchase Agreement~~be ~~with~~written ~~Owen~~to ~~Consulting~~it ~~LLC,~~during ~~a California limited liability company~~processing. This ~~Pursuant~~ translates to ~~that~~ ~~agreement,~~secure ~~we acquired technology called the “EncryptaKey Secure~~classified ~~Communication~~data ~~Portal”~~remaining ~~as described~~ in aits ~~patent~~proper ~~application pending before the Patent and Trademark Office as application no~~repository. ~~60745514~~ Moreover, ~~filed~~this ~~April~~means ~~24,~~that ~~2006,~~it ~~titled~~is ~~“Invisidesk~~impossible ~~Private Communication, Authentication and Connection Portal” and the related intellectual property in exchange~~ for ~~5,500,000~~anything ~~shares~~to ofbe ~~our restricted~~transmitted ~~common~~back ~~stock.~~into ~~As a result of our acquisition of~~ the ~~EncryptaKey~~classified repository ~~technology,~~when weusing ~~have changed~~ the ~~focus~~PriviCom ofUSB ~~our~~thumb ~~efforts in the security products business away from smart cards and towards more sophisticated biometric devices that use the EncryptaKey technology~~drives.

Also on September 28, 2006, our Board of Directors resolved to expand the size of the Board to two members and appointed Kelly Owen to fill the newly created seat. Our Board also appointed Mr. Owen to act as our sole officer, serving as each of CEO, CFO, President, Secretary and Treasurer. Our Board believes that Mr. Owen is best suited to develop products based on the EncryptaKey technology and to develop, market, and sell applications utilizing this technology to government, institutional, commercial, and individual consumers. 15

On*A thumb ~~October~~drive 1,is ~~2006,~~portable wememory ~~retained~~storage. It ~~Owen~~is ~~Consulting~~re-writeable and holds its memory without a power supply, ~~LLC~~unlike RAM. Thumb drives will fit into any USB port on a computer. They will also "hot swap," towhich ~~develop~~means a user can plug the ~~EncryptaKey technology~~drive into a ~~marketable~~computer ~~product.~~and Wewill ~~paid~~not ~~Owen~~have ~~Consulting~~to ~~$890,000~~restart ~~during~~it to ~~2006~~access ~~and~~the ~~$700~~thumb drive. The drives are small,~~000~~ ~~during~~about the ~~three~~size ~~month~~of ~~period~~a human ~~ended~~thumb ~~March~~- 31hence, ~~2007~~their ~~pursuant to this~~name ~~contract~~- and are very stable memory storage devices.

OnOur ~~February~~company 5,is ~~2007,~~at wethe ~~entered~~launch ~~into~~stage anof ~~Asset Purchase Agreement with Owen Consulting Inc.~~business, ahaving ~~Nevada~~just ~~Corporation.~~developed ~~Pursuant~~our ~~to that agreement, we acquired~~first ~~assets consisting of all right~~product, ~~title~~begin ~~and~~staffing ~~interest in server hardware~~ and ~~software~~ in ~~exchange~~the ~~for~~process ~~636,120 shares~~ of ~~our~~booking ~~restricted common stock. The equipment and software we acquired will allow us to continue development of~~ our ~~primary~~ ~~product.~~first Wenational ~~do not anticipate that we will need to acquire a plant~~pilot ~~or purchase any additional, significant equipment during 2007~~programs.

OnPlan ~~February 19, 2007, our Board~~ of ~~Directors~~Operation ~~unanimously~~in ~~resolved to amend our articles of incorporation to change our name to EncryptaKey, Inc. Subsequently, a majority of our shareholders, acting by written consent, consented to~~ the ~~name change~~ ~~and~~Next ~~the~~12 ~~amendment to our~~ Months

5Our company is at the launch stage of business, having just developed and tested our first product, begin staffing and in the process of booking our first national pilot programs. Our company has secured third party device manufacturer and is completing supporting server and applications software bundle in support of ongoing pilot programs.

~~Table~~Results of ~~Conents~~Operations for the three months ended September 30, 2008 and 2007

~~articles of~~We ~~incorporation necessary to effect that change. Under our articles and~~did ~~bylaws,~~not noearn ~~other~~any ~~approvals~~revenue ~~are~~for ~~necessary~~the orthree ~~required.~~month Onperiod ~~February~~ended 22September30, ~~2007 we filed~~2008, anor ~~Form DEF 14C with the SEC effecting the above actions. On March 13,~~did ~~2007~~ we ~~filed~~earn aany ~~Certificate~~revenue offor ~~Amendment to our Articles of Incorporation with~~ the ~~Division~~ ofthree ~~Revenue~~month ofperiod ~~the~~ended ~~State~~September ~~of New Jersey effecting the name~~30, ~~change~~2007.

~~Description~~We ofincurred ~~Business~~expenses ~~and~~in ~~Plan~~the amount of ~~Operation~~$62,854 for the three month period ended September 30, 2008, compared to $208,449 for the same period the prior year. The decrease in expenses can be attributed primarily to discontinuing operations.

Our objective for our new technology is to have our first anticipated hardware product, which we have preliminarily called “EncryptaKey,” function so as to allow a user to (1) manage his finances, (2) shop online, and (3) access his home or work computer remotely and securely. The EncryptaKey hardware device is presently in the development stage only and many significant technical and financial challenges remain before we anticipate being able to deliver a viable product to market. We anticipate that, provided we are successful in raising the funding necessary to do so, we will be able to finalize all functions of the system and test-market working prototypes by the end of 2007. It is our plan that, when development is complete, the EncryptaKey hardware will utilize biometric data to secure personal and financial information.

We believe that our EncryptaKey technology has the potential to effectively address a number of security issues plaguing financial institutions and individuals alike. Industry research suggests that identity fraud victimized nine million adults in the United States during 2005, resulting in $56.6 Billion in losses for financial institutions and retailers, and endless frustration for consumers. We believe that EncryptaKey technology has the potential to become a cost effective means for businesses and consumers to reduce these losses.

As presently designed, an EncryptaKey hardware device will be approximately the size of a USB “Thumb Drive” (4” x 1” x .25”) and will contain both a pad which will read and verify a user’s thumbprint and an active RFID transmitter which can only be activated by the user. Inside the physical casing will be a 1 Gigabyte flash drive that will hold user data as well as the proprietary operating system. This flash drive will be partitioned so that the data is kept separate from the operating system. The system is designed so that, should anyone attempt to physically access the flash drive, the memory is immediately and completely erased. Further, attempts to hack the data from a lost or stolen EncryptaKey will be fruitless as the user’s fingerprint is required to replicate the unique access code.

As designed, when an end-user receives or purchases an EncryptaKey hardware device, he or she will first load it with personal and financial information. This will be done by plugging the EncryptaKey directly into the USB port of the user’s personal computer. The computer will then reboot to EncryptaKey’s proprietary operating system and will connect through our web portal to the user’s financial institutions to download information or perform online financial activities. Once the device is set up with the user’s fingerprint, thereafter the EncryptaKey will know who has logged on because a unique key will have been created using biometric data from the user’s fingerprint as well as his or her login name and password. This will not be able to be duplicated by anyone but the user because of the universal uniqueness of the user’s thumbprint.

Table of Conents

Our plan is to partner with financial institutions and online retailers who will adapt their current systems to recognize users authenticated with an EncryptaKey. We believe that they will do so because of the ability of EncryptaKey, as designed, to reduce fraudulent transactions in general, and particularly those based on identity theft. There can be no assurance, however, that we will be successful in convincing financial institutions and online retailers to allow their online transaction systems to work with EncryptaKey.

In addition to providing secure transactions for online financial and retail transactions, we also intend for EncryptaKey to allow a user to securely access home or work computers over the internet as an alternative to storing sensitive information on a portable laptop. We believe that secure remote access features will appeal to our target customers because the ability to remotely access home and work computers greatly reduces the security risks associated with the potential for having a laptop containing sensitive information on the internal hard drive lost or stolen while traveling. Because sensitive information will no longer need to be kept on the laptop in order for EncryptaKey users to have access to the information, there is no security risk if the laptop is lost or stolen. Users can remotely and securely access their computers either from laptops or public terminals. No information ever resides on the hard drive of the laptop or terminal, nor is it transmitted over the internet. Therefore, it cannot be intercepted or mined later.

We further believe that, over the longer term, the EncryptaKey could potentially supplant traditional credit cards in many face to face retail purchase transactions because of its security features. Despite the recent growth of online retail purchase transactions, a vast number of credit card sales are still face-to-face Point of Service (POS) transactions. We intend to design the EncryptaKey such that, once a user’s credit card information is loaded into the EncryptaKey as described above, it can be used for secure POS transactions, provided the retailer has the appropriate hardware and software systems to recognize EncryptaKey.

Our long term goal with our technology is to have a system in widespread use that will allow a user, when paying for merchandise at a retail counter, to pull out his EncryptaKey instead of reaching for a credit card. We believe such a use has considerable potential because, whereas credit cards can be lost or stolen and used by others to run up charges, EncryptaKey cannot be used by anyone but the primary user because of the built in biometric security features. In order to pay for merchandise, a user would place his or her thumb on the thumb pad of the EncryptaKey. The EncryptaKey would read and verify that the thumb print matches the one on file for the registered user. This unlocks the EncryptaKey and allows the user to select which credit or debit card he wishes to use in order to pay for the merchandise, just as if the user was sitting at his or her desktop computer making an online purchase. The user will then press a transmit button while holding the EncryptaKey near the sensor pad of an Automated Teller Machine or Wireless POS Terminal. The EncryptaKey’s low power active RFID transmitter then transmits the requisite information to confirm payment with the merchant and the bank. We have not yet designed or built, even in the prototype phase, the hardware devices and supporting software systems that would allow EncryptaKey to be used in POS transactions. There can be no assurance that we will be able to do so or that we would be able to convince any retail or financial institutions to adopt such systems.

Table of Conents

Our first product, the hardware EncryptaKey, is presently still under development. We anticipate that, provided we are successful in raising the funding necessary to do so, we will be able to finalize all functions of the system and test-market working prototypes by the end of 2007. There can be no assurance that we will successfully complete the design and testing of any products, including the EncryptaKey hardware device. We do not have any facilities or equipment capable of manufacturing the EncryptaKey in commercial quantities, nor do we have a contract with a third party manufacturer. There can be no assurance that we will be able to manufacture or contract for the manufacture of the EncryptaKey at a reasonable cost, or at all.

Although we have not yet built a working model of the EncryptaKey that includes the thumbprint and active RFID security features we intend to include in our final production model, we have successfully built a beta version of our proprietary operating system and successfully installed it on a flash drive. We displayed this working prototype at the Consumer Electronics Show in Las Vegas during the 4th Quarter of 2006. We were pleased with the acceptance of our prototype and were recognized by the trade show organizers with the Best of Show - New Innovations award.

We do not presently have any customers or contracts for sales or licensing of any product using the EncryptaKey technology, including the EncryptaKey hardware device presently under development. There can be no assurance that there will be any market demand for any product we may develop.

We presently lack the funds necessary to complete our business plan. During the 4th Quarter of 2006, we raised $1,135,200 through an ongoing private placement of our common stock. Also during the 4th Quarter, we spent approximately $845,000 of those funds on operations related to the development of the Encryptakey technology. During the three month period ended March 31, 2007, we raised an additional $969,985.20 in that same private placement, which closed February 7, 2007. During the three month period ended March 31, 2007, we spent approximately $700,000 on operations related to the development of the Encryptakey technology. Despite this additional capital, we will need to raise additional funds over the next twelve months, through borrowing or through sales of securities, in order to continue to pursue our business plan in 2007.

We currently have forecasted the expenditure of approximately $3,600,000 during the next twelve months in order to further develop the EncryptaKey technology, for sales and marketing, for general and administrative expenses, and for working capital requirements, including the anticipated cost of compliance with the reporting requirements of the Securities Exchange Act of 1934. These estimates do not include any unanticipated capital requirements that may be needed should we identify any products or business acquisitions that may add value to our current products.

The completion of our business plan for the next 12 months is contingent upon us obtaining that financing. If we are unable to obtain sufficient financing, our business plan will be significantly impaired. We do not have any formal commitments or arrangements for the sales of stock or the advancement or loan of funds. Without the necessary financing, we will not be able to pursue our plan of operations until such time as the necessary funds are raised. There can be no assurance that additional financing will be available to us when needed or, if available that it can be

Table of Conents

obtained on commercially reasonable terms. If we are not able to obtain the additional funding on a timely basis, if and when it is needed, we will be forced to scale down or perhaps even cease operation of our business.

In the long-term, our ability to continue as a going concern is dependent upon successful and sufficient market acceptance of our product offerings and any new product offerings that we may introduce, the continuing successful development of our products and related technologies, and finally achieving a profitable level of operations. The issuance of additional equity securities by us could result in a significant dilution of equity interest of our current stockholders. Obtaining commercial loans, assuming those loans would be available, would increase our liabilities and future cash commitments.

Results of Operations for the three months ended March 31, 2007 and 2006

We did not earn any revenue for the three month period ended March 31, 2007, nor did we earn any revenue for the three month period ended March 31, 2006.

We incurred expenses in the amount of $946,597 for the three month period ended March 31, 2007, compared to $3,869 for the same period the prior year. The increase in expenses can be attributed to changing our business strategy to the acquisition and development of our EncryptaKey technology since the end of the three month period ended March 31, 2006. The main component of our expenses for the three month period ended March 31, 2007 was Research and Development Costs in the amount of $700,000. Our other expenses were attributable to developing and marketing the EncryptaKey technology, and providing general and administrative support for the business.

Liquidity and Capital Resources

As of ~~March~~September 3130, ~~2007~~2008, we had current assets and current liabilities in the amount of $~~264~~20,~~377 and $0 in current liabilities~~540, ~~resulting~~with ina working capital deficit in the amount of $~~264~~99,~~377~~435. As discussed above, the completion of our business plan for the next 12 months is contingent upon us obtaining additional financing. If we are unable to obtain additional financing, our business plan will be significantly impaired. We do not have any formal commitments or arrangements for the sales of stock or the advancement or loan of funds. Without the necessary cash flow, we will not be able to pursue our plan of operations until such time as the necessary funds are raised in the equity securities market.

We currently do not have enough cash to satisfy our minimum cash requirements for the next twelve months. This raises substantial doubt about our ability to continue as a going concern. Our ability to continue as a going concern is dependent on our ability to raise additional capital based upon the company’s desired plan of operation. The financial statements do not include any adjustments that might be necessary if we are unable to continue as a going concern.

Off Balance Sheet Arrangements

As of ~~March~~September 3130, ~~2007~~2008, there were no off balance sheet arrangements.

Table of Conents

Going Concern

We have incurred an accumulated total net loss of $3,~~459~~752,~~979~~017 orfor the period from inception (June 24, 2003) through ~~March~~September 3130, ~~2007~~2008 and are not presently generating any revenue. We do not anticipate generating any revenue in ~~2007~~2008. Our future is dependent upon successful and sufficient market acceptance of our product offerings and any new product offerings that we may introduce, the continuing successful development of our products and related technologies, and finally, achieving a profitable level of operations. We plan to seek additional ~~financing~~ financing in a private equity offering to secure funding for our operations. There can be no assurance that such additional financing will be available to us on on acceptable terms or at all. These factors, among others, raise substantial doubt about our ability to continue as a going concern.

Critical Accounting Policies

In December 2001, the SEC requested that all registrants list their most “critical accounting polices” in the Management Discussion and Analysis. The SEC indicated that a “critical accounting policy” is one which is both important to the portrayal of a company’s financial condition and results, and requires management’s most difficult, subjective or complex judgments, often as a result of the need to make estimates about the effect of matters that are inherently uncertain. We believe that the following accounting policies fit this definition.

Accounting Basis

The statements were prepared following generally accepted accounting principles of the United States of America consistently applied.

Management Certification

Fiscal Year

The Company operates on a December 31st fiscal year end.

Research and Development Costs

Table of Conents

Basic and Diluted Net Income (Loss) Per Share

The Company computes net income (loss) per share in accordance with Statement of Financial Accounting Standards (“SFAS”) No. 128, "Earnings per Share". SFAS No. 128 requires presentation of both basic and diluted earnings per share (EPS) on the face of the income statement. Basic EPS is computed by dividing net income (loss) available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method.

Dividends

The Company has not yet adopted any policy regarding payment of dividends. No dividends have been paid during the periods shown.

Use of Estimates

Property and Equipment

Property and equipment are carried at cost and depreciated on a straight-line ~~bases~~ basis over their useful lives. Office Equipment is depreciated over five years.

Income Taxes

Recently Issued Accounting Pronouncements

Below is a listing of the most recent accounting standards SFAS 150-154 and their effect on the Company.

Statement No. 150 Accounting for Certain Financial Instruments with Characteristics of both Liabilities and Equity (Issued 5/03)

This Statement establishes standards for how an issuer classifies and measures certain financial instruments with characteristics of both liabilities and equity.

Statement No. 151 Inventory Costs - an amendment of ARB No. 43, Chapter 4 (Issued 11/04)

Table of Conents

Statement No. 151 Inventory Costs-an amendment of ARB No. 43, Chapter 4 (Issued 11/04)

This statement amends the guidance in ARB No. 43, Chapter 4, Inventory Pricing, to clarify the accounting for abnormal amounts of idle facility expense, freight, handling costs, and wasted material (spoilage). Paragraph 5 of ARB 43, Chapter 4, previously stated that “…under some circumstances, items such as idle facility expense, excessive spoilage, double freight and re-handling costs may be so abnormal ass to require treatment as current period charges….” This Statement requires that those items be recognized as current-period charges regardless of whether they meet the criterion of “so abnormal.” In addition, this Statement requires that allocation of fixed production overheads to the costs of conversion be based on the normal capacity of the production facilities.

Statement No. 152 Accounting for Real Estate Time-Sharing Transactions (an amendment of FASB Statements No. 66 and 67)

This Statement amends FASB Statement No. 66, Accounting for Sales of Real Estate, to reference the financial accounting and reporting guidance for real estate time-sharing transactions that is provided in AICPA Statement of Position (SOP) 04-2, Accounting for Real Estate Time-Sharing Transactions.

This Statement also amends FASB Statement No. 67, Accounting for Costs and Initial Rental Operations of Real Estate Projects, states that the guidance for (a) incidental operations and (b) costs incurred to sell real estate projects does not apply to real estate time-sharing transactions. The accounting for those operations and costs is subject to the guidance in SOP 04-2.

Statement No. 153 Exchanges of Non-monetary Assets (an amendment of APB Opinion No. 29)

The guidance in APB Opinion No. 29, Accounting for Non-monetary Transactions, is based on the principle that exchanges of non-monetary assets should be measured based on the fair value of the assets exchanged. The guidance in that Opinion, however, includes certain exceptions to the principle. This Statement amends Opinion 29 to eliminate the exception for non-monetary exchanges of similar productive assts and replaces it with a general exception for exchanges of non-monetary assets that do not have commercial substance. A non-monetary exchange has commercial substance if the future cash flows of the entity are expected to change significantly as a result of the exchange.

Statement No. 154 Accounting Changes and Error Corrections (a replacement of APB Opinion No. 20 and FASB Statement No. 3)

This Statement replaces APB Opinion No. 20, Accounting Changes, and FASB Statement No. 3, Reporting Accounting Changes in Interim Financial Statements, and changes the requirements for the accounting for and reporting of a change in ~~accounting~~ accounting principle. This Statement applies to all voluntary changes in ~~accounting~~ accounting principle. It also applies to changes required by an accounting pronouncement in the unusual instance that the pronouncement does not include specific transition provisions. When a pronouncement includes specific transition provisions, those provisions should be followed.

12The adoption of these Statements is not expected to have a material effect on the Company’s current financial position, results or operations, or cash flows.

~~Table~~ITEM of3. Quantitative ~~Conents~~and Qualitative Disclosures about Market Risk

~~specific~~Not ~~transition provisions~~Applicable. ~~When a pronouncement includes specific transition provisions, those provisions should be followed.~~

~~The adoption of these new Statements is not expected to have a material effect on the Company’s current financial position, results or operations, or cash flows.~~ 18

~~Item~~ITEM 34. Controls and Procedures

WeDisclosure ~~carried~~Controls ~~out an evaluation of the effectiveness of the design~~ and operation of our disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) as of March 31, 2007. This evaluation was carried out under the supervision and with the participation of our Chief Executive Officer and Chief Financial Officer, Mr. Kelly Owen. Based upon that evaluation, our Chief Executive Officer and Chief Financial Officer concluded that, as of March 31, 2007, our disclosure controls and procedures are effective. There have been no changes in our internal controls over financial reporting during the quarter ended March 31, 2007. Procedures

~~Disclosure~~The ~~controls~~Company ~~and~~conducted ~~procedures~~an ~~are~~evaluation, ~~controls~~under ~~and~~the ~~other~~supervision ~~procedures~~and ~~that~~with ~~are designed~~the ~~to ensure~~participation ~~that~~of ~~information~~the ~~required~~Company’s toprincipal beexecutive ~~disclosed~~officer inand ~~our reports filed or~~principal ~~submitted~~financial ~~under the Exchange Act are recorded~~officer, ~~processed,~~of ~~summarized~~the ~~and reported,~~effectiveness ~~within~~of the ~~time~~design ~~periods~~and ~~specified~~operation inof the ~~SEC'~~ Company’s ~~rules~~disclosure ~~and forms. Disclosure~~ controls and procedures ~~include,~~(as ~~without~~defined ~~limitation, controls and procedures designed to ensure that information required to be disclosed~~ in ~~our reports~~ ~~filed under~~ the Securities Exchange Act isof ~~accumulated~~1934 Rules 13a-15(e) and ~~communicated to management~~15d-15(e), ~~including~~as ~~our~~amended) ~~Chief~~as ~~Executive~~of September ~~Officer and Chief Financial Officer~~30, to ~~allow timely decisions regarding required disclosure~~2008.

~~Limitations~~Based onupon that evaluation, the ~~Effectiveness~~Chief Executive Officer and Chief Financial Officer concluded that the Company’s disclosure controls and procedures as of ~~Internal~~the ~~Controls~~end of the period covered by this Report were not effective as a result of a material weakness in internal control over financial reporting as of September 30, 2008, as discussed below.

~~Our~~Changes ~~management~~in ~~does~~Internal ~~not~~Control ~~expect that our disclosure controls and procedures or our internal control~~ over financial reporting will necessarily prevent all fraud and material error. Our disclosure controls and procedures are designed to provide reasonable assurance of achieving our objectives and our Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures are effective at that reasonable assurance level. Further, the design of a control system must reflect the fact that there are resource constraints, and the benefits of controls must be considered relative to their costs. Because of the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, within the Company have been detected. These inherent limitations include the realities that judgments in decision-making can be faulty, and that breakdowns can occur because of simple error or mistake. Additionally, controls can be circumvented by the individual acts of some persons, by collusion of two or more people, or by management override of the internal control. The design of any system of controls also is based in part upon certain assumptions about the likelihood of future events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions. Over time, control may become inadequate because of changes in conditions, or the degree of compliance with the policies or procedures may deteriorate. Reporting

13There were no changes in our internal control over financial reporting that occurred during the period covered by this Report that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

~~Table~~Management’s ofReport ~~Conents~~on Internal Control over Financial Reporting

Management is responsible for establishing and maintaining adequate internal control over financial reporting (as defined in the Securities Exchange Act of 1934 Rules 13a-15(f) and 15d-15(f), as amended) of the Company. Internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with accounting principles generally accepted in the United States of America.

The Company’s internal control over financial reporting includes those policies and procedures that (i) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (ii) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with accounting principles generally accepted in the United States of America, and that receipts and expenditures of the Company are being made only in accordance with authorizations of management and directors of the Company; and (iii) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of the Company’s assets that could have a material effect on the financial statements.

Management conducted an evaluation of the effectiveness of internal control over financial reporting based on the framework in Internal Control—Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission. Based on this evaluation, management concluded that the Company’s internal control over financial reporting was not effective as of September 30, 2008. Management’s assessment identified the following material weakness in internal control over financial reporting:

Management determined there were an insufficient number of personnel with appropriate technical accounting and SEC reporting expertise to adhere to certain control disciplines, and to evaluate and properly record certain non-routine and complex transactions.

Based on this evaluation, management concluded that the Company’s internal control over financial reporting was not effective as of September 30, 2008 because of the material weakness described in the preceding paragraph. A material weakness in internal control over financial reporting is a deficiency, or combination of deficiencies, in internal control over financial reporting such that there is a reasonable possibility that a material misstatement of the annual or interim financial statements would not be prevented or detected on a timely basis. Management’s report was not subject to attestation by our registered public accounting firm pursuant to temporary rules of the SEC that permit us to provide only management’s report in this Quarterly Report.

PART II - OTHER INFORMATION

~~Item~~ITEM 1. Legal Proceedings

WeFrom time ~~are not~~to atime, ~~party~~the toCompany ~~any~~may ~~pending~~become involved in various lawsuits and legal proceedings ~~proceeding.~~that Wearise ~~are~~in ~~not~~the ~~aware~~ordinary course of ~~any~~business. ~~pending~~While management does ~~legal~~not ~~proceeding~~believe tothese ~~which~~matters ~~any~~will ofhave ~~our~~a ~~officers,~~material ~~directors,~~effect oron ~~any~~the ~~beneficial~~Company’s financial ~~holders~~statements, oflitigation 5%is orsubject ~~more~~to ofinherent ~~our~~uncertainties, ~~voting~~and ~~securities~~an ~~are~~ adverse result could arise from time to ustime orthat ~~have~~may aharm the Company’s business, ~~material~~financial ~~interest~~condition ~~adverse~~and toresults usof operations. The Company and its subsidiaries are involved in the following:

~~Item~~In 2November, 2008, the Company filed suit in Superior Court of California in Orange County against its former Chief Executive Officer, Kelly Owen and his related entities, Owen Consulting LLC and Encryptakey, Inc. ~~Unregistered~~, ~~Sales~~a Nevada corporation alleging breach of ~~Equity~~fiduciary ~~Securities~~duties, conversion and ~~Use~~fraud. The Company is seeking compensatory and punitive damages relating to the defendants’ alleged misappropriation of ~~Proceeds~~Company funds. This action is currently pending.

~~The~~ITEM information set forth below relates to our issuances of securities without registration under the Securities Act during the reporting period which were not previously included in a Current Report on Form 8-K1A. Risk Factors

OnIn ~~December~~addition ~~13,~~to ~~2006~~other weinformation ~~filed~~set aforth ~~Form~~in ~~8-K~~this ~~announcing~~Report, ~~the~~you ~~close~~should ~~of an unregistered~~carefully ~~private~~consider ~~placement~~the ofrisk ~~6,284,000~~factors ~~shares~~previously ofdisclosed ~~our~~in ~~common~~“Item ~~stock~~1A atto ~~$0.30~~Part ~~for~~1” ~~total gross proceeds~~ of ~~$1,885,200.~~our Annual WeReport ~~were~~on ~~unable~~Form to10-K ~~collect~~for ~~all~~the ~~payments~~year byended ~~the January~~December 1531, 2007, ~~deadline~~as ~~and~~filed ~~decided~~with the itSecurities ~~was~~and inExchange ~~the~~Commission ~~best~~on ~~interest~~July of30, ~~the~~2008. There ~~Company~~were tono ~~extend~~material ~~the~~changes ~~offering~~from tothe ~~allow~~risk ~~for~~factors ~~additional~~during ~~interested~~the ~~investors~~three tomonths ~~submit~~ended ~~subscription agreements and payments until February 7~~September30, ~~2007~~2008.

OnITEM ~~February 7, 2007, we closed the unregistered private placement of 6,900,664 shares of our common stock at $0~~2.30 Unregistered ~~per~~Sales ~~share for total gross proceeds~~ of ~~$2,070,185.70.~~ ~~All~~Equity ~~subscription~~Securities ~~agreements~~ and ~~funds~~Use ~~have been received and~~of ~~approved~~Proceeds.

~~Shares~~On August 28, 2008, in ~~this~~ ~~offering~~connection ~~were~~with ~~sold~~the byacquisition ~~directors~~of the assets of Nexicon, ~~officers~~Inc., ~~and~~the Company ~~employees~~issued an aggregate of 5,000,000 shares of the Company ~~without~~’s ~~commissions~~common orstock ~~other~~to Nexicon, ~~compensation~~Inc..

In ~~making this offering~~addition, ~~we relied~~ on ~~the~~August ~~exemptions~~28, ~~provided~~2008, ~~by Section 4(2) of~~ the ~~United~~ ~~States~~Company ~~Securities~~issued ~~Act~~an aggregate of ~~1933~~8, ~~as amended (the “Securities Act”)~~000, ~~and~~000 ~~Rule~~shares ~~506~~ of ~~Regulation~~the DCompany’s ~~Promulgated~~common ~~thereunder.~~stock ~~The Units were offered only~~ to ~~institutional~~ orcertain ~~other~~employees ~~investors who are “accredited investors” (as defined under Rule 501(a)~~ of ~~Regulation D under~~ the ~~Securities~~Company ~~Act). Investors~~in ~~represented~~accordance inwith ~~writing~~the ~~that~~terms ~~they~~of ~~were~~their ~~given~~respective ~~adequate information about us to~~employment ~~make~~agreements. In anaddition, ~~informed~~the ~~investment~~Board ~~decision and that they have had an opportunity to ask questions~~ of ~~and~~Directors ~~receive answers from representatives~~ of ~~our~~the Company ~~with~~ ~~respect~~authorized tothe ~~our~~issuance ~~Company~~of ~~and its business~~4,000,000 ~~the~~ shares ~~and~~of the ~~offering.~~Company’s ~~Investors were~~common ~~also~~stock ~~required~~ to ~~represent that they are accredited investors and have~~a ~~such knowledge~~member ~~and experience in financial and business matters as to be capable~~ of ~~evaluating~~ the ~~merits~~Company’s ~~and~~Board ~~risks~~ of anDirectors ~~investment~~as incompensation ~~the shares and that they are able to withstand a complete loss of their investment. Investors were also required to represent that they were acquiring the shares~~ for ~~investment~~his ~~only and~~service ~~not with a view towards distribution. The shares, when issued, will be subject to restrictions~~ on ~~transferability and may not be resold or otherwise~~ ~~transferred unless~~ the ~~sales~~Company’s ~~or transfers have been registered, or are exempt from registration, under the Securities Act and applicable state laws~~Board. ~~We did not engage in any general solicitation or advertising.~~

14The Company claims an exemption from the registration requirements of the Act for the private placement of these securities pursuant to Section 4(2) of the Act and/or Regulation D promulgated thereunder since, among other things, these transactions did not involve a public offering, the investors were accredited investors and/or qualified institutional buyers, the investors had access to information about us and their investment, the investors took the securities for investment and not resale, and the Company took appropriate measures to restrict the transfer of the securities.

~~Table~~ITEM of3. Defaults ~~Conents~~Upon Senior Securities

On February 5, 2007, we entered into an Asset Purchase Agreement with Owen Consulting Inc., a Nevada Corporation. Pursuant to that agreement, we acquired assets consisting of all right, title and interest in server hardware and software in exchange for 636,120 shares of our restricted common stock.

Item 3. Defaults upon Senior Securities

None

Item 4. Submission of Matters to a Vote of Security Holders

Except as described below, no matters have been submitted to our security holders for a vote, through the solicitation of proxies or otherwise, during the quarterly period ended March 31, 2007.

On February 19, 2007, our Board of Directors unanimously resolved to amend our articles of incorporation to change our name to EncryptaKey, Inc. Subsequently, a majority of our shareholders, acting by written consent, consented to the name change and the amendment to our articles of incorporation necessary to effect that change. Under our articles and bylaws, no other approvals are necessary or required. On February 22, 2007 we filed a Form DEF 14C with the SEC effecting the above actions. On March 13, 2007 we filed a Certificate of Amendment to our Articles of Incorporation with the Division of Revenue of the State of New Jersey effecting the name change.

Item 5. Other Information

None.

~~Item~~ITEM 64. ~~Exhibits~~ Submission of Matters to a Vote of Security Holders

Exhibit Number	Description of Exhibit
10.1	Consulting Agreement with Owen Consulting, Inc. dated October 1, 2006.
31.1	Certification of Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
31.2	Certification of Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32.1	Certification of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

None.

15ITEM 5. Other Information

~~Table~~On August 28, 2008, the Company entered into a technology asset purchase agreement with Nexicon, Inc., pursuant to which the Company acquired all right, title and interest in the NexiOne device and all intellectual property related thereto in exchange for 5,000,000 shares of ~~Conents~~the Company’s common stock.

On August 28, 2008, the Company entered into an employment agreement with Tommy Stianson, pursuant to which Mr. Stianson agreed to serve as the Company’s Chief Technology Officer. Pursuant to his employment agreement, Mr. Stianson is entitled to a base salary of $120,000, payment of which shall commence upon the Company completing a financing which results in gross proceeds of $500,000 to the Company. In addition, pursuant to his employment agreement, Mr. Stainson was issued an aggregate of 4,000,000 shares of the Company’s common stock. He is also entitled to an annual discretionary bonus. The term of his employment agreement is 3 years. In the event Mr. Stainson’s employment agreement is terminated, other than for cause and other than in a change of control transaction in which he is offered employment byu the successor company, Mr. Stianson shall be entitled to receive all compensation due to him for the remaining term of the agreement.

On August 28, 2008, the Company entered into an employment agreement with Daniel Urrea, pursuant to which Mr. Urrea agreed to serve as the Company’s Chief Financial Officer. Pursuant to his employment agreement, Mr. Urrea is entitled to a base salary of $60,000, payment of which shall commence upon the Company completing a financing which results in gross proceeds of $500,000 to the Company. In addition, pursuant to his employment agreement, Mr. Urrea was issued an aggregate of 4,000,000 shares of the Company’s common stock. He is also entitled to an annual discretionary bonus. The term of his employment agreement is 3 years. In the event Mr. Urrea’s employment agreement is terminated, other than for cause and other than in a change of control transaction in which he is offered employment byu the successor company, Mr. Urrea shall be entitled to receive all compensation due to him for the remaining term of the agreement.

ITEM 6. Exhibits

EXHIBIT NUMBER		DESCRIPTION

3.1		Restated Certificate of Incorporation of Priviam, Inc. (f/k/a EncryptaKey, Inc.), dated August 1, 2008 (incorporated by reference to Current Report on Form 8-K filed on August 7, 2008).

3.2		By-laws, as amended. (Incorporated by reference to Current report on Form 8-K filed on October 4, 2006)

10.1		Technology Asset Purchase Agreement by and Between the Company and Nexicon, Inc.

10.2		Employment Agreement of Tommy Stianson

10.3		Employment Agreement of Daniel Urrea

31.1		Certification of Principal Executive Officer pursuant to Rule 13a-14 and Rule 15d-14(a), promulgated under the Securities and Exchange Act of 1934, as amended.

31.2		Certification of Principal Financial Officer pursuant to Rule 13a-14 and Rule 15d-14(a), promulgated under the Securities and Exchange Act of 1934, as amended.

32.1		Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (Chief Executive Officer).

32.2		Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (Chief Financial Officer).

SIGNATURES

InPursuant ~~accordance~~to ~~with~~ the requirements of the Securities ~~and~~ Exchange Act of 1934, the ~~Registrant~~ ~~has~~registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized on this 19th day of November2008.

	EncryptaKey, Inc
Date:	June 25, 2007
	By: /s/ Kelly Owen Kelly Owen Title: Chief Executive Officer and Director

	PRIVIAM, INC.

	By:	/s/ Louis Jack Musetti
		Louis Jack Musetti
		Chief Executive Officer and Interim Chief Financial Officer



	By:	/s/ Daniel Urrea
		Louis Daniel Urrea
		Chief Financial Officer

Filing Compare · PRIVIAM, INC.