UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark One)

x QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ~~for the quarterly period ended: June 30, 2013~~

~~¨ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934~~ for the ~~transition~~quarterly period ~~from~~ended: ~~_________~~September to30, ~~__________~~2013

¨ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

for the transition period from _________ to __________

Commission file number: 000-22281

24Holdings Inc.

(Exact name of registrant as specified in its charter)

Delaware		33-0726608
(State or other jurisdiction of		(IRS Employer
incorporation or organization)		Identification No.)

133 Summit Avenue Suite 22

Summit, NJ 07901

(Address of principal executive offices)

973-635-4047

(Issuer's telephone number)

(Former name, former address and former fiscal year,

if changed since last report)

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 x No ¨

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).

Yes x No ¨

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

Large Accelerated filer ¨ ~~Non-accelerated~~Accelerated filer ¨ ~~Accelerated~~Non-accelerated filer ¨ Smaller reporting company x

Indicate by check mark whether the issuer is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes x No ¨

Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date: There were a total of 2,071,644 shares of the issuer’s common stock, par value $.001 per share, outstanding as of ~~August~~November 65, 2013.

24HOLDINGS INC.

Quarterly Report on Form 10-Q

For the Period Ended ~~June~~September 30, 2013

TABLE OF CONTENTS

	Page	~~Page~~
PART I. FINANCIAL INFORMATION
ITEM 1. FINANCIAL STATEMENTS
	Condensed Balance Sheets as of June 30, 2013 (unaudited) and December 31, 2012	3
Condensed Balance Sheets as of September 30, 2013 (unaudited) and December 31, 2012	3
	Condensed Statements of Operations for the Three and Six Months Ended June 30, 2013 and 2012 (unaudited)	4
Condensed Statements of Operations for the Three and Nine Months Ended September 30, 2013 and 2012 (unaudited)	4
	Condensed Statements of Cash Flows for the Six Months Ended June 30, 2013 and 2012 (unaudited)	5
Condensed Statements of Cash Flows for the Nine Months Ended September 30, 2013 and 2012 (unaudited)	5
NOTES TO CONDENSED FINANCIAL STATEMENTS (unaudited)	~~NOTES TO CONDENSED FINANCIAL STATEMENTS (unaudited)~~6	6
ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION	10	10
ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK	13	13
ITEM 4. CONTROLS AND PROCEDURES	13	13
PART II. OTHER INFORMATION
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.		13
ITEM 6. EXHIBITS	13
ITEM 6. EXHIBITS		13
SIGNATURES	14
SIGNATURES		15

FORWARD-LOOKING STATEMENTS

Certain statements made in this Quarterly Report on Form 10-Q are “forward-looking statements” regarding the plans and objectives of management for future operations and market trends and expectations. Such statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. The forward-looking statements included herein are based on current expectations that involve numerous risks and uncertainties. Our plans and objectives are based, in part, on assumptions involving the continued expansion of our business. Assumptions relating to the foregoing involve judgments with respect to, among other things, future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond our control. Although we believe that our assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the forward-looking statements included in this report will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by us or any other person that our objectives and plans will be achieved. We undertake no obligation to revise or update publicly any forward-looking statements for any reason. The terms “we”, “our”, “us”, or any derivative thereof, as used herein refer to 24Holdings Inc., a Delaware corporation, and its predecessors.

PART I. – FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS:

24HOLDINGS INC.

CONDENSED BALANCE SHEETS

	June 30, 2013				December 31,
	September 30, 2013			December 31,
	(unaudited)			2012	~~2012~~
ASSETS
Current Assets
Cash and cash equivalents	$	7955,~~090~~166		$	$7,863	~~7,863~~
Prepaid assets		108,~~500~~625			0	0
TOTAL CURRENT ASSETS		8963,~~590~~791			7,863	~~7,863~~
TOTAL ASSETS	$	8963,~~590~~791		$	$7,863	~~7,863~~
LIABILITIES AND STOCKHOLDERS' EQUITY(DEFICIT)
Current Liabilities
Accrued expenses	$	73,~~397~~897		$	$33,303	~~33,303~~
TOTAL CURRENT LIABILITIES		73,~~397~~897			33,303	~~33,303~~
TOTAL LIABILITIES		73,~~397~~897			33,303	~~33,303~~
STOCKHOLDERS' EQUITY (DEFICIT):
Preferred stock; $.001 par value, 5,000,000 shares authorized, none issued and outstanding		0			0	0
Common stock, $.001 par value; 100,000,000 shares authorized, 2,071,644 and 1,244,902 shares issued and outstanding, respectively		2,072			1,245	~~1,245~~
Additional Paid-in Capital		10,993,481			10,833,384	~~10,833,384~~
Accumulated Deficit		(10,~~913~~935,~~360~~659)	)		(10,860,069)	~~(10,860,069~~	)
Total stockholders' equity (deficit)		8259,~~193~~894			(25,440)	~~(25,440~~	)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	$	8963,~~590~~791		$	$7,863	~~7,863~~

The accompanying notes are an integral part of these unaudited condensed financial statements.

324HOLDINGS INC.

~~24HOLDINGS~~CONDENSED ~~INC.~~STATEMENTS OF OPERATIONS

~~CONDENSED~~ ~~STATEMENTS OF OPERATIONS~~(unaudited)

(unaudited)

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2013		2012		2013		2012
Revenues	$	0	$	0	$	0	$	0

Expenses
General and administrative		22,299		7,500		98,653		22,029
Total operating expenses		22,299		7,500		98,653		22,029

Other income
Debt settlement		0		0		23,063		0
Total other income		0		0		23,063		0
Income taxes		0		0		0		0
Net loss	$	(22,299)	$	(7,500)	$	(75,590)	$	(22,029)

Weighted average number of common shares outstanding		2,071,644		1,244,902		1,682,769		1,244,902

Net loss per share - basic and fully diluted	$	(0.01)	$	(0.01)	$	(0.04)	$	(0.02)

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2013			2012			2013			2012
Revenues	$	0		$	0		$	0		$	0
Expenses
General and administrative		69,604			7,250			76,354			14,529
Total operating expenses		69,604			7,250			76,354			14,529
Other income
Debt settlement		23,063			-			23,063			-
Total other income		23,063			-			23,063			-
Income taxes		-			-			-			-
Net loss	$	(46,541	)	$	(7,250	)	$	(53,291	)	$	(14,529	)
Weighted average number of common shares outstanding		1,727,942			1,244,902			1,485,073			1,244,902
Net loss per share - basic and fully diluted	$	(0.03	)	$	(0.01	)	$	(0.04	)	$	(0.01	)

The accompanying notes are an integral part of these unaudited condensed financial statements.

~~The~~24HOLDINGS ~~accompanying notes are an integral part of these unaudited condensed financial statements~~INC.

4CONDENSED STATEMENTS OF CASH FLOWS

~~24HOLDINGS~~ ~~INC.~~(unaudited)

CONDENSED STATEMENTS OF CASH FLOWS

	Nine Months Ended
	September 30,
	2013		2012

CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$	(75,590)	$	(22,029)
Adjustments to reconcile net loss to net cash used in operating activities:
Equity based settlement		26,924		0
Debt forgiveness		23,063		0
Changes in operating assets and liabilities
Accrued expenses		(52,469)		0
Prepaid assets		(8,625)		981
NET CASH USED IN OPERATING ACTIVITIES		(86,697)		(21,048)

CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from issuance of common stock		134,000		0
Contributed capital		0		27,500
NET CASH PROVIDED BY FINANCING ACTIVITIES		134,000		27,500

NET CHANGE IN CASH AND CASH EQUIVALENTS		47,303		6,452

CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD		7,863		9,725
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$	55,166	$	16,177

SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION

Interest paid	$	0	$	0
Income taxes paid	$	0	$	0

(The accompanying notes are an integral part of these unaudited) condensed financial statements.

	Six Months Ended
	June 30,
	2013			2012
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$	(53,291	)	$	(14,529	)
Adjustments to reconcile net loss to net cash used in operating activities:
Equity based settlement		26,924			-
Debt forgiveness		23,063			-
Changes in operating assets and liabilities
Accrued expenses		(48,969	)		0
Prepaid assets		(10,500	)		(2,933	)
NET CASH USED IN OPERATING ACTIVITIES		(62,773	)		(17,462	)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from issuance of common stock		134,000			0
Contributed capital		0			27,500
NET CASH PROVIDED BY FINANCING ACTIVITIES		134,000			27,500
NET CHANGE IN CASH AND CASH EQUIVALENTS		71,227			10,038
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD		7,863			9,725
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$	79,090		$	19,763
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION
Interest paid	$	0		$	0
Income taxes paid	$	0		$	0

24HOLDINGS INC.

~~The~~NOTES ~~accompanying~~TO ~~notes~~CONDENSED ~~are~~FINANCIAL ~~an integral part of these unaudited condensed financial statements.~~STATEMENTS

5September 30, 2013

~~24HOLDINGS~~ ~~INC.~~(unaudited)

~~NOTES~~ TONOTE ~~CONDENSED~~1 ~~FINANCIAL~~- ~~STATEMENTS~~DESCRIPTION OF COMPANY:

~~June~~We are a Delaware corporation formerly known as Scoop, Inc. In April 2001, Scoop, Inc. amended its Certificate of Incorporation to change its name to 24Holdings Inc. (“we”, “our”, “us” or “24Holdings”). Prior to September 30, ~~2013~~2005, 24Holdings was a holding company that conducted its business operations through its wholly owned subsidiary 24STORE (Europe) Limited, a company incorporated under the laws of England formerly known as 24STORE.com Limited ("24STORE"). 24STORE commenced business operations in 1996 and focused on the sale of media products and business information services. Commencing in July 1998, we underwent voluntary reorganization under Chapter 11 of the United States Bankruptcy Code. In accordance with the Plan of Reorganization approved by the Bankruptcy Court in December 1999, InfiniCom, AB (now known as Avalon Innovation AB), a Swedish registered company (“Infinicom”), acquired 91% of our outstanding stock in exchange for 100% of the stock of 24STORE. Subsequent to Infinicom’s acquisition in 1999 and until September 30, 2005, the business operations of 24STORE, which represented all of our operations, were devoted to supplying business customers with computer and electronics products.

On October 23, 2006 (~~unaudited~~the “Effective Date”), we implemented a 1 for 125 reverse stock split (the “Reverse Split”) of our common stock par value $.001 per share (“Common Stock”). Pursuant to the Reverse Split, each 125 shares of Common Stock issued and outstanding as of the Effective Date was converted into one (1) share of Common Stock. The Reverse Split also reduced the number of shares of Common Stock into which each share of Series A Convertible Preferred Stock, par value $.001 per share (the “Preferred Stock”) could be converted from 100 shares to 0.8 shares. All per share data herein has been retroactively restated to reflect the Reverse Split.

~~NOTE~~The 1interim financial information as of September 30, 2013 and for the three and nine month periods ended September 30, 2013 and 2012 have been prepared without audit, pursuant to the rules and regulations of the United States Securities and Exchange Commission (the “SEC”). Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to such rules and regulations, although we believe that the disclosures made are adequate to provide for fair presentation. These financial statements should be read in conjunction with the financial statements and the notes thereto, included in our Annual Report on Form 10-K ~~DESCRIPTION~~for OFthe ~~COMPANY:~~year ended December 31, 2012, previously filed with the SEC.

WeIn ~~are~~the aopinion ~~Delaware~~of ~~corporation formerly known as Scoop~~management, ~~Inc.~~all Inadjustments ~~April~~(which ~~2001,~~include ~~Scoop,~~normal ~~Inc.~~recurring ~~amended~~adjustments) ~~its~~necessary ~~Certificate of Incorporation~~ to ~~change~~present ~~its~~a ~~name~~fair tostatement ~~24Holdings~~of ~~Inc. (“we”, “~~our”, ~~“us”~~financial orposition ~~“24Holdings”).~~as ~~Prior~~of to September 30, ~~2005~~2013, ~~24Holdings~~results ~~was a~~of ~~holding company that conducted its business~~ operations ~~through~~for ~~its wholly owned subsidiary 24STORE (Europe) Limited, a company incorporated under~~ the ~~laws~~three ~~of England formerly known as 24STORE.com Limited ("24STORE"). 24STORE commenced business operations in 1996~~ and ~~focused~~nine onmonths ~~the~~ended ~~sale~~September of30, ~~media~~2013 ~~products~~ and ~~business information services. Commencing in July 1998~~2012, weand ~~underwent voluntary~~cash ~~reorganization~~flows ~~under~~for ~~Chapter 11 of~~ the ~~United~~nine ~~States~~months ~~Bankruptcy~~ended ~~Code.~~September ~~In accordance with the Plan of Reorganization approved by the Bankruptcy Court in December 1999~~30, ~~InfiniCom,~~2013 ABand ~~(now known as Avalon Innovation AB)~~2012, ahave ~~Swedish~~been ~~registered~~made. ~~company (“Infinicom”),~~The ~~acquired~~results ~~91%~~ of ~~our~~operations ~~outstanding stock in exchange~~ for ~~100% of~~ the ~~stock~~three ofand ~~24STORE.~~nine ~~Subsequent~~months toended ~~Infinicom’s acquisition in 1999 and until~~ September 30, ~~2005,~~2013 ~~the~~are ~~business~~not ~~operations~~necessarily indicative of ~~24STORE,~~the ~~which~~operating ~~represented~~results ~~all~~that ofmay ~~our~~be ~~operations, were~~expected ~~devoted~~for tothe ~~supplying~~full ~~business~~fiscal ~~customers~~year ~~with~~or ~~computer~~any ~~and~~future ~~electronics products~~periods.

On ~~October~~CHANGE ~~23,~~OF ~~2006~~OWNERSHIP (the “Effective Date”), we implemented a 1 for 125 reverse stock split (the “Reverse Split”) of our common stock par value $.001 per share (“Common Stock”). Pursuant to the Reverse Split, each 125 shares of Common Stock issued and outstanding as of the Effective Date was converted into one (1) share of Common Stock. The Reverse Split also reduced the number of shares of Common Stock into which each share of Series A Convertible Preferred Stock, par value $.001 per share (the “Preferred Stock”) could be converted from 100 shares to 0.8 shares. All per share data herein has been retroactively restated to reflect the Reverse Split.TRANSACTIONS

~~The~~On ~~interim~~May ~~financial~~26, ~~information~~2005, aswe entered into a series of ~~June~~ ~~30,~~agreements ~~2013~~with ~~and~~Infinicom ~~for~~in ~~the~~connection ~~three~~with ~~and~~our ~~six~~sale ~~month~~of ~~periods~~all ~~ended~~of ~~June~~the ~~30,~~outstanding ~~2013~~stock ~~and~~of ~~2012~~24STORE ~~have~~(the ~~been~~“24STORE ~~prepared~~Sale”) ~~without~~and ~~audit~~separately, ~~pursuant to~~ the ~~rules~~assignment ~~and~~of ~~regulations~~all ofrights ~~the~~and ~~United~~title ~~States~~to ~~Securities~~certain trademarks and ~~Exchange~~domain ~~Commission~~names (the “~~SEC~~IP Assets”). ~~Certain~~that ~~information and~~we ~~footnote~~held ~~disclosures~~(the ~~normally~~“IP ~~included~~Assignment”). Pursuant into ~~financial~~the ~~statements~~terms ~~prepared~~of inthe ~~accordance~~24STORE ~~with~~Sale, ~~generally~~Infinicom ~~accepted~~paid ~~accounting~~us ~~principles have~~$100,000 ~~been~~for ~~condensed~~our or24STORE ~~omitted~~shares and pursuant to ~~such~~the ~~rules~~IP ~~and regulations~~Assignment, ~~although~~ we ~~believe~~paid ~~that~~for the ~~disclosures~~IP ~~made~~Assets ~~are~~through ~~adequate to~~a ~~provide~~set-off ~~for~~against ~~fair~~all ~~presentation.~~outstanding ~~These~~and ~~financial~~contingent ~~statements~~liabilities ~~should~~we beowed ~~read~~to inInfinicom ~~conjunction~~determined ~~with~~as ~~the~~of ~~financial statements and~~ the ~~notes~~ ~~thereto,~~closing ~~included~~date inof ~~our Annual Report on Form 10-K for~~ the ~~year~~24STORE ~~ended December 31~~Sale, ~~2012,~~which ~~previously~~amounted ~~filed~~to ~~with the SEC~~$603,830.

InOn ~~the~~May ~~opinion~~26, ~~of management~~2005, ~~all~~we ~~adjustments (which~~also ~~include~~entered ~~normal~~into ~~recurring adjustments) necessary to present~~ a ~~fair~~Preferred ~~statement~~Stock ofPurchase ~~our~~Agreement ~~financial~~with ~~position~~Infinicom as(the of“Preferred ~~June~~Stock ~~30,~~Agreement”) ~~2013, results~~pursuant ofto ~~operations~~which ~~for~~we ~~the~~sold ~~three~~to ~~and~~Infinicom ~~six months ended June 30~~344,595 ~~2013~~shares ~~and~~of ~~2012,~~our ~~and~~Preferred ~~cash~~Stock ~~flows~~in exchange for the ~~six~~discharge ~~months~~of ~~ended June 30~~$230,879 ~~2013~~of ~~and~~outstanding ~~2012,~~debt ~~have~~owed ~~been~~to ~~made~~Infinicom. Each ~~The~~share ~~results~~ of ~~operations for~~ the ~~three~~Preferred ~~and~~Stock ~~six~~was ~~months~~convertible ~~ended~~into ~~June~~0.8 ~~30,~~shares ~~2013 are not necessarily indicative~~ of ~~the~~our ~~operating~~Common ~~results~~Stock ~~that~~at ~~may be expected for~~ the ~~full~~holder’s ~~fiscal year or any future periods~~option.

~~CHANGE~~On OFMay ~~OWNERSHIP~~26, ~~TRANSACTIONS~~2005, Infinicom, 24Holdings, Moyo Partners, LLC (“Moyo”) and R&R Biotech Partners, LLC (“R&R”, and together with Moyo, the “Purchasers”) entered into a Common Stock Purchase Agreement (the “Infinicom Sale Agreement”) pursuant to which, Infinicom agreed to sell to the Purchasers an aggregate of 873,369 shares of Common Stock (which included shares issuable upon conversion of the Preferred Stock) which represented approximately 83.6% of the then issued and outstanding shares of Common Stock (the “Infinicom Sale”). In return, the Purchasers (i) paid to Infinicom $500,000 in cash, and (ii) agreed that upon the occurrence of one of several post-closing events, including a merger with one or more as yet unidentified private unaffiliated operating companies, to cause 24Holdings to issue to Infinicom shares of Common Stock representing 1% of the then issued and outstanding shares of Common Stock on a fully diluted basis (the “Infinicom Additional Shares”). The consummation of the Infinicom Sale was contingent on the contemporaneous closing of the 24STORE Sale and the IP Assignment.

On24HOLDINGS May 26, 2005, we entered into a series of agreements with Infinicom in connection with our sale of all of the outstanding stock of 24STORE (the “24STORE Sale”) and separately, the assignment of all rights and title to certain trademarks and domain names (the “IP Assets”) that we held (the “IP Assignment”)INC. Pursuant to the terms of the 24STORE Sale, Infinicom paid us $100,000 for our 24STORE shares and pursuant to the IP Assignment, we paid for the IP Assets through a set-off against all outstanding and contingent liabilities we owed to Infinicom determined as of the closing date of the 24STORE Sale, which amounted to $603,830.

OnNOTES ~~May~~TO ~~26,~~CONDENSED ~~2005,~~FINANCIAL we also entered into a Preferred Stock Purchase Agreement with Infinicom (the “Preferred Stock Agreement”) pursuant to which we sold to Infinicom 344,595 shares of our Preferred Stock in exchange for the discharge of $230,879 of outstanding debt owed to Infinicom. Each share of the Preferred Stock was convertible into 0.8 shares of our Common Stock at the holder’s option.STATEMENTS

OnSeptember ~~May 26~~30, 2005, Infinicom, 24Holdings, Moyo Partners, LLC (“Moyo”) and R&R Biotech Partners, LLC (“R&R”, and together with Moyo, the “Purchasers”) entered into a Common Stock Purchase Agreement (the “Infinicom Sale Agreement”) pursuant to which, Infinicom agreed to sell to the Purchasers an aggregate of 873,369 shares of Common Stock (which included shares issuable upon conversion of the Preferred Stock) which represented approximately 83.6% of the then issued and outstanding shares of Common Stock (the “Infinicom Sale”). In return, the Purchasers (i) paid to Infinicom $500,000 in cash, and (ii) agreed that upon the occurrence of one of several post-closing events, including a merger with one or more as yet unidentified private unaffiliated operating companies, to cause 24Holdings to issue to Infinicom shares of Common Stock representing 1% of the then issued and outstanding shares of Common Stock on a fully diluted basis (the “Infinicom Additional Shares”). The consummation of the Infinicom Sale was contingent on the contemporaneous closing of the 24STORE Sale and the IP Assignment.2013

6(unaudited)

~~24HOLDINGS~~ ~~INC.~~NOTE 1 - DESCRIPTION OF COMPANY (continued):

~~NOTES~~On TOSeptember ~~CONDENSED~~30, ~~FINANCIAL~~2005, ~~STATEMENTS~~24Holdings and Infinicom completed the transactions contemplated in the 24STORE Sale, the IP Assignment and the Preferred Stock Agreement as described above. Infinicom forgave the $603,830 of debt 24Holdings owed to them in consideration of the IP Assignment.

~~June~~Effective September 30, ~~2013~~2005, Infinicom completed the sale to the Purchasers, under the Infinicom Sale Agreement, of 597,693 shares of Common Stock (which represented 77.7% of the 769,226 shares of Common Stock then issued and outstanding) and 344,595 shares of Preferred Stock, constituting 83.6% in the aggregate of the then issued and outstanding Common Stock (assuming the conversion of the Preferred Stock into 275,676 shares of Common Stock). As a result, the Purchasers acquired control of 24Holdings from Infinicom, with R&R beneficially owning 698,696 shares of Common Stock (assuming the conversion by R&R of 275,676 shares of Preferred Stock into 220,541 shares of Common Stock) constituting 66.9% of the then issued and outstanding shares of Common Stock, and Moyo in the aggregate beneficially owning 174,674 shares of Common Stock (assuming the conversion by Moyo of 68,919 shares of Preferred Stock into 55,135 shares of Common Stock) constituting 16.7% of the then issued and outstanding shares of Common Stock.

~~(unaudited)~~Effective September 30, 2005 Urban von Euler resigned as our president and a director but remained our chief executive officer. Also, effective September 30, 2005, Larsake Sandin resigned as a director and each of Arnold P. Kling and Kirk M. Warshaw were appointed as directors of 24Holdings. On November 21, 2005, effective with the filing of our Form 10-Q for the quarter ended September 30, 2005, Mr. von Euler resigned as chief executive officer and Mr. Kling was appointed president and treasurer and Mr. Warshaw was appointed chief financial officer and secretary. As of that same date, 24Holdings relocated its headquarters to Chatham, New Jersey and then later to Summit, New Jersey.

~~NOTE~~On 1November -25, ~~DESCRIPTION~~2005, OFthe ~~COMPANY~~Infinicom ~~(continued):~~Sale Agreement was amended to provide, among other criteria, that the fair market value of the Infinicom Additional Shares would be no less than $400,000 nor more than $600,000 at the time such shares are required to be issued to Infinicom.

On ~~September~~February 301, ~~2005~~2006, ~~24Holdings~~a ~~and Infinicom~~total ~~completed~~of ~~the~~250,000 ~~transactions~~shares ~~contemplated~~of inPreferred ~~the~~Stock ~~24STORE~~were ~~Sale~~authorized for issuance to two individuals who provided services to us. On May 12, ~~the~~2006, IPwe ~~Assignment~~issued 150,000 and ~~the~~100,000 shares, respectively, of Preferred Stock ~~Agreement~~to Arnold P. Kling and Kirk M. Warshaw for their services as ~~described~~ ~~above~~our president and chief financial officer, respectively. Each ~~Infinicom~~share ~~forgave~~of Preferred Stock is immediately convertible, at the ~~$603~~holder's option,~~830~~ into 0.8 shares of ~~debt~~Common ~~24Holdings~~Stock. Mr. ~~owed~~Kling's toservices ~~them~~were invalued ~~consideration~~at of$11,250 ~~the~~and IPMr. ~~Assignment~~Warshaw's services were valued at $7,500.

~~Effective~~On ~~September~~November 3029, ~~2005~~2006, ~~Infinicom completed~~ the ~~sale~~holders ~~to the Purchasers, under the Infinicom Sale Agreement,~~ of ~~597,693~~all ~~shares of Common Stock (which represented 77.7% of~~ the ~~769,226 shares of Common Stock then~~ issued and outstanding) ~~and 344,595~~ shares of Preferred Stock, ~~constituting~~elected ~~83.6% in~~to ~~the~~convert ~~aggregate~~all of ~~the~~their ~~then issued and outstanding Common Stock (assuming the conversion of the~~ Preferred Stock into ~~275,676~~ shares of Common Stock). As a result, the ~~Purchasers acquired control of 24Holdings from Infinicom~~594,595 ~~with R&R beneficially owning 698,696~~ shares of ~~Common Stock (assuming the conversion by R&R of 275,676 shares of~~ Preferred Stock ~~into 220,541 shares of Common Stock) constituting 66.9% of the then issued and~~ outstanding ~~shares~~were ofexchanged ~~Common Stock~~for 475,676 ~~and Moyo in the aggregate beneficially owning 174,674~~ shares of Common Stock ~~(assuming the conversion by Moyo of 68,919 shares of Preferred Stock into 55,135 shares of Common Stock) constituting 16~~.~~7% of the then issued and outstanding shares of Common Stock.~~

~~Effective~~On ~~September~~May 309, ~~2005 Urban von Euler resigned as our president and a director but remained our chief executive officer. Also~~2013, ~~effective~~the ~~September~~Company ~~30,~~entered ~~2005,~~into ~~Larsake Sandin~~an ~~resigned~~amendment asto athe ~~director~~Infinicom ~~and~~Sale ~~each~~Agreement of(the ~~Arnold~~“Amendment”) P.pursuant ~~Kling~~to ~~and~~which ~~Kirk~~Infinicom’s M.rights ~~Warshaw~~to ~~were~~the ~~appointed~~Infinicom asAdditional ~~directors~~Shares ofwas ~~24Holdings.~~converted Oninto ~~November 21~~138,322 ~~2005,~~shares ~~effective with the filing~~ of ~~our~~Common ~~Form 10-Q for the quarter ended September 30, 2005, Mr~~Stock. The ~~von~~Company ~~Euler~~recognized ~~resigned~~non-cash asexpense ~~chief executive officer and Mr. Kling was appointed president and treasurer and Mr. Warshaw was appointed chief financial officer and secretary. As~~ of ~~that same date~~$26,924 ~~24Holdings~~associated ~~relocated~~with ~~its~~this ~~headquarters to Chatham, New Jersey and then later to Summit, New Jersey~~conversion.

On ~~November~~May 259, ~~2005~~2013, the ~~Infinicom~~Company ~~Sale Agreement~~raised ~~was~~total ~~amended~~gross toproceeds ~~provide,~~of ~~among other criteria~~$134,000 ~~that~~from the ~~fair~~sale ~~market~~of ~~value~~an aggregate of ~~the~~688,420 ~~Infinicom~~shares ~~Additional~~of ~~Shares~~Common ~~would~~Stock ~~be no~~at ~~less~~a ~~than~~price of $~~400~~0.1946488 per share. 344,~~000~~210 ~~nor~~of ~~more~~these ~~than~~shares ~~$600,000~~were atsold to Hudson Bay Master Fund Ltd. (“Hudson”) and the ~~time~~other ~~such~~344,210 shares ~~are~~were ~~required~~sold to beIroquois ~~issued~~Master Fund Ltd. (“Iroquois”). The sale to ~~Infinicom~~Hudson and Iroquois was exempt from the registration requirements of the Securities Act of 1933, as amended (the “Act”) pursuant to Sections 4(a)(2) and 4(a)(5) of the Act.

OnPrior ~~February~~to 1May 9, ~~2006~~2013, aeach ~~total~~ of ~~250~~Hudson and Iroquois acquired 349,~~000~~ 348 shares of ~~Preferred~~Common Stock ~~were~~at ~~authorized~~a ~~for~~purchase ~~issuance~~price toof ~~two~~$68,000, ~~individuals~~or ~~who~~$0.194648 ~~provided~~per ~~services~~share, tofrom ~~us.~~the OnChapter ~~May~~7 ~~12,~~Trustee ~~2006,~~of wethe ~~issued 150~~Estates of Rodman & Renshaw,~~000~~ ~~and~~LLC ~~100~~(“Rodman”),~~000~~ ~~shares~~Direct Markets, ~~respectively~~Inc., ofand ~~Preferred~~Direct ~~Stock~~Markets toHoldings, ~~Arnold P~~Corp. ~~Kling~~in ~~and~~Chapter ~~Kirk~~7 M.bankruptcy ~~Warshaw~~proceedings ~~for~~pending ~~their~~in ~~services~~the asUnited ~~our president~~States ~~and~~Bankruptcy ~~chief~~Court ~~financial~~for ~~officer,~~the ~~respectively.~~Southern ~~Each~~District ~~share~~ of ~~Preferred~~New ~~Stock~~York is(Cases ~~immediately~~No. ~~convertible~~13-10087, at13-10088 ~~the~~and ~~holder's option,~~13-10089). These ~~into~~shares ~~0.8~~were all the shares of Common Stock. ~~Mr.~~beneficially ~~Kling's~~owned ~~services~~by ~~were valued at $11~~R&R,~~250~~ ~~and~~an ~~Mr.~~affiliate ~~Warshaw's~~of ~~services were valued at $7,500~~Rodman.

On24HOLDINGS ~~November 29, 2006, the holders of all the issued and outstanding shares of Preferred Stock elected to convert all of their Preferred Stock into shares of Common Stock~~INC. ~~As a result, the 594,595 shares of Preferred Stock outstanding were exchanged for 475,676 shares of Common Stock.~~

OnNOTES ~~May~~TO 9,CONDENSED ~~2013,~~FINANCIAL the Company entered into an amendment to the Infinicom Sale Agreement (the “Amendment”) pursuant to which Infinicom’s rights to the Infinicom Additional Shares was converted into 138,322 shares of Common Stock. The Company recognized non-cash expense of $26,924 associated with this conversion.STATEMENTS

OnSeptember ~~May 9~~30, 2013, the Company raised total gross proceeds of $134,000 from the sale of an aggregate of 688,420 shares of Common Stock at a price of $0.1946488 per share. 344,210 of these shares were sold to Hudson Bay Master Fund Ltd. (“Hudson”) and the other 344,210 shares were sold to Iroquois Master Fund Ltd. (“Iroquois”). The sale to Hudson and Iroquois was exempt from the registration requirements of the Securities Act of 1933, as amended (the “Act”) pursuant to Sections 4(a)(2) and 4(a)(5) of the Act.

Prior to May 9, 2013, each of Hudson and Iroquois acquired 349,348 shares of Common Stock at a purchase price of $68,000, or $0.194648 per share, from the Chapter 7 Trustee of the Estates of Rodman & Renshaw, LLC (~~“Rodman”~~unaudited), Direct Markets, Inc., and Direct Markets Holdings, Corp. in Chapter 7 bankruptcy proceedings pending in the United States Bankruptcy Court for the Southern District of New York (Cases No. 13-10087, 13-10088 and 13-10089). These shares were all the shares of Common Stock beneficially owned by R&R, an affiliate of Rodman.

7 NOTE 1 - DESCRIPTION OF COMPANY (continued):

~~24HOLDINGS~~As ~~INC~~of September 30, 2013, our authorized capital stock consists of 100,000,000 shares of Common Stock and 5,000,000 shares of Preferred Stock of which 2,071,644 shares of Common Stock, and no shares of Preferred Stock, were issued and outstanding. All shares of Common Stock currently outstanding are validly issued, fully paid and non-assessable.

~~NOTES~~THE TOCOMPANY ~~CONDENSED FINANCIAL STATEMENTS~~TODAY

~~June~~Since September 30, ~~2013~~2005, our purpose has been to serve as a vehicle to acquire an operating business and is currently considered a "shell" or blank check company inasmuch as we are not generating revenues, do not own an operating business, and have no specific plan other than to engage in a merger or acquisition transaction with a yet-to-be identified company or business. We have no employees and no material assets.

~~(unaudited)~~ NOTE 2 – BASIS OF PRESENTATION

~~NOTE~~ 1The -condensed ~~DESCRIPTION~~financial OFstatements ~~COMPANY~~have been prepared by us, without audit, pursuant to the rules and regulations of the SEC. Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to such rules and regulations. In the opinion of management, the accompanying condensed financial statements include all adjustments (~~continued~~consisting of normal, recurring adjustments): necessary to make our, results of operations and cash flows not misleading as of September 30, 2013. The results of operations for the three and nine months ended September 30, 2013 are not necessarily indicative of the results of operations for the full year or any other interim period. These financial statements should be read in conjunction with the financial statements and the notes thereto, included in our Annual Report on Form 10-K for the year ended December 31, 2012, previously filed with the SEC.

As ofNOTE ~~June~~3 ~~30,~~– ~~2013,~~SUMMARY ~~our~~OF ~~authorized~~SIGNIFICANT ~~capital~~ACCOUNTING stock consists of 100,000,000 shares of Common Stock and 5,000,000 shares of Preferred Stock of which 2,071,644 shares of Common Stock, and no shares of Preferred Stock, were issued and outstanding. All shares of Common Stock currently outstanding are validly issued, fully paid and non-assessable.POLICIES

~~THE~~Use ~~COMPANY~~of ~~TODAY~~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 reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.

~~Since~~Fair ~~September~~Value ~~30,~~of ~~2005,~~Financial ~~our~~Instruments ~~purpose has~~- ~~been~~Pursuant to ~~serve~~the asaccounting aguidance, "Disclosures ~~vehicle~~About toFair ~~acquire~~Value anof ~~operating~~Financial ~~business and is currently considered a~~ Instruments,"~~shell"~~ ~~or blank check company inasmuch as~~ we are ~~not~~required ~~generating~~to ~~revenues,~~estimate dothe ~~not~~fair ~~own~~value anof ~~operating~~all ~~business,~~financial ~~and~~instruments ~~have~~included noon ~~specific~~our ~~plan~~balance ~~other~~sheet ~~than~~as ~~to engage~~of inSeptember a30, ~~merger~~2013. orWe ~~acquisition~~consider ~~transaction~~the ~~with~~carrying avalue ~~yet-to-be~~of ~~identified~~accrued ~~company~~expenses orin ~~business.~~the Wefinancial ~~have~~statements noto ~~employees~~approximate ~~and~~their noface ~~material assets~~value.

~~NOTE~~Statements 2of –Cash ~~BASIS~~Flows OF- ~~PRESENTATION~~For purposes of the statements of cash flows we consider all highly liquid investments purchased with a remaining maturity of three months or less to be cash equivalents.

~~The~~ ~~condensed~~NOTE ~~financial~~4 ~~statements~~– ~~have~~STOCKHOLDERS’ been prepared by us, without audit, pursuant to the rules and regulations of the SEC. Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to such rules and regulations. In the opinion of management, the accompanying condensed financial statements include all adjustments (consisting of normal, recurring adjustments) necessary to make our, results of operations and cash flows not misleading as of June 30, 2013. The results of operations for the three and six months ended June 30, 2013 are not necessarily indicative of the results of operations for the full year or any other interim period. These financial statements should be read in conjunction with the financial statements and the notes thereto, included in our Annual Report on Form 10-K for the year ended December 31, 2012, previously filed with the SEC.EQUITY

~~NOTE~~On 3February –1, ~~SUMMARY~~2006, OFa ~~SIGNIFICANT~~total ~~ACCOUNTING~~of ~~POLICIES~~250,000 shares of Preferred Stock were authorized for issuance to two individuals who provided services to us. On May 12, 2006, we filed a Certificate of Amendment to the Certificate of Designation for the Preferred Stock with the Secretary of State of the State of Delaware, increasing the number of shares designated as Preferred Stock from 500,000 to 600,000 shares. As a result of this filing, we issued 150,000 and 100,000 shares of the Preferred Stock to Arnold Kling and Kirk Warshaw for their services as our president and chief financial officer, respectively. Each share of Preferred Stock is convertible, at the holder's option, into 100 shares of Common Stock. Mr. Kling's services were valued at $11,250 and Mr. Warshaw's services were valued at $7,500.

~~Use~~24HOLDINGS 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 reported amounts of revenue and expenses during the reporting periodINC. ~~Actual results could differ from those estimates.~~

~~Fair~~NOTES ~~Value~~TO ofCONDENSED ~~Financial~~FINANCIAL Instruments - Pursuant to the accounting guidance, "Disclosures About Fair Value of Financial Instruments," we are required to estimate the fair value of all financial instruments included on our balance sheet as of June 30, 2013. We consider the carrying value of accrued expenses in the financial statements to approximate their face value.STATEMENTS

~~Statements~~September of30, ~~Cash Flows - For purposes of the statements of cash flows we consider all highly liquid investments purchased with a remaining maturity of three months or less to be cash equivalents.~~2013

~~NOTE 4 – STOCKHOLDERS’ EQUITY~~(unaudited)

OnNOTE ~~February~~4 1,– ~~2006,~~STOCKHOLDERS’ aEQUITY total of 250,000 shares of Preferred Stock were authorized for issuance to two individuals who provided services to us. On May 12, 2006, we filed a Certificate of Amendment to the Certificate of Designation for the Preferred Stock with the Secretary of State of the State of Delaware, increasing the number of shares designated as Preferred Stock from 500,000 to 600,000 shares. As a result of this filing, we issued 150,000 and 100,000 shares of the Preferred Stock to Arnold Kling and Kirk Warshaw for their services as our president and chief financial officer, respectively. Each share of Preferred Stock is convertible, at the holder's option, into 100 shares of Common Stock. Mr. Kling's services were valued at $11,250 and Mr. Warshaw's services were valued at $7,500.(continued):

On October 23, 2006, we effected a reverse stock split of our Common Stock. Pursuant to this reverse stock split, each 125 shares of Common Stock issued and outstanding as of the date following the reverse stock split was converted into one (1) share of Common Stock. This reverse stock split reduced the number of shares of Common Stock into which each share of Preferred Stock could be converted from 100 shares to .8 shares. All per share data has been retroactively restated to reflect this reverse stock split.

~~24HOLDINGS~~On ~~INC~~November 29, 2006, the holders of all the issued and outstanding shares of Preferred Stock elected to convert all of their Preferred Stock into shares of Common Stock. As a result, the 594,595 shares of Preferred Stock outstanding were exchanged for 475,676 shares of Common Stock.

~~NOTES~~As TOof ~~CONDENSED~~September ~~FINANCIAL~~30, ~~STATEMENTS~~2013, our authorized capital stock consists of 100,000,000 shares of Common Stock and 5,000,000 shares of Preferred Stock, of which 2,071,644 shares of Common Stock, and no shares of Preferred Stock, are issued and outstanding. All shares of Common Stock currently outstanding are validly issued, fully paid and non-assessable.

~~June~~During 302012, ~~2013~~a stockholder contributed an additional $27,500 to the Company.

~~(unaudited)~~On May 9, 2013, the Company entered into the Amendment pursuant to which Infinicom’s rights to the Infinicom Additional Shares was converted into 138,322 shares of Common Stock. The Company recognized non-cash expense of $26,924 associated with this conversion.

~~NOTE~~On 4May –9, ~~STOCKHOLDERS’~~2013, ~~EQUITY~~ the Company raised total gross proceeds of $134,000 from the sale of an aggregate of 688,420 shares of Common Stock at a price of $0.1946488 per share. Of these shares, 344,210 were sold to Hudson and the other 344,210 shares were sold to Iroquois. The sale to Hudson and Iroquois was exempt from the registration requirements of the Securities Act of 1933, as amended (~~continued~~the “Act”): pursuant to Sections 4(a)(2) and 4(a)(5) of the Act.

OnPrior ~~October~~to 23May 9, ~~2006~~2013, weeach ~~effected~~of aHudson ~~reverse stock~~and ~~split~~Iroquois ofacquired 349,348 ~~our~~shares of Common Stock. ~~Pursuant~~at toa ~~this~~purchase ~~reverse~~price ~~stock~~of ~~split~~$68,000, ~~each~~or ~~125~~$0.194648 ~~shares~~per ofshare, ~~Common~~from ~~Stock~~the ~~issued~~Chapter ~~and~~7 ~~outstanding as~~Trustee of the ~~date~~Estates ~~following~~of ~~the~~Rodman, ~~reverse~~Direct ~~stock~~Markets, ~~split~~Inc., ~~was~~and ~~converted~~Direct ~~into~~Markets ~~one~~Holdings, ~~(1)~~Corp. ~~share~~in ofChapter ~~Common~~7 ~~Stock.~~bankruptcy ~~This~~proceedings ~~reverse~~pending ~~stock~~in ~~split reduced~~ the ~~number~~United ofStates ~~shares~~Bankruptcy ofCourt ~~Common~~for ~~Stock~~the ~~into~~Southern ~~which~~District ~~each share~~ of ~~Preferred~~New ~~Stock~~York ~~could~~(Cases beNo. ~~converted~~13-10087, ~~from~~13-10088 ~~100~~and ~~shares to~~ 13-10089).8 These shares~~. All~~ ~~per~~were ~~share~~all ~~data~~the ~~has~~shares ~~been~~of ~~retroactively~~Common ~~restated~~Stock tobeneficially ~~reflect~~owned ~~this~~by ~~reverse~~R&R, ~~stock~~an ~~split~~affiliate of Rodman.

On ~~November~~NOTE ~~29,~~5 ~~2006,~~– ~~the~~OTHER holders of all the issued and outstanding shares of Preferred Stock elected to convert all of their Preferred Stock into shares of Common Stock. As a result, the 594,595 shares of Preferred Stock outstanding were exchanged for 475,676 shares of Common Stock.INCOME

As ofIn ~~June~~May ~~30,~~ 2013, ~~our~~the ~~authorized~~Company ~~capital stock~~settled ~~consists~~a oftrade ~~100,000,000~~payable ~~shares~~resulting ofin ~~Common~~a ~~Stock and 5~~$23,~~000,000~~063 ~~shares~~gain ofon ~~Preferred~~the ~~Stock,~~settlement of ~~which~~such ~~2,071,644 shares of Common Stock, and no shares of Preferred Stock, are issued and outstanding~~payable. ~~All shares of Common Stock currently outstanding are validly issued, fully paid and non-assessable.~~

~~During~~ ~~2012,~~NOTE a6 ~~stockholder~~– ~~contributed an~~NEW ~~additional~~ACCOUNTING ~~$27,500 to the Company.~~PRONOUNCEMENTS

OnManagement ~~May~~does 9,not ~~2013,~~believe ~~the~~that ~~Company~~any ~~entered~~new ~~into the~~accounting ~~Amendment~~pronouncements ~~pursuant~~not toyet ~~which~~effective ~~Infinicom’s~~will ~~rights~~have toa ~~the~~material ~~Infinicom~~impact ~~Additional~~on ~~Shares~~the ~~was converted into 138,322 shares of Common Stock. The~~ Company’s ~~recognized~~financial ~~non-cash~~statements ~~expense~~once ~~of $26,924 associated with this conversion~~adopted.

On ~~May~~NOTE 9,7 ~~2013,~~– ~~the~~COMMITMENTS ~~Company~~AND raised total gross proceeds of $134,000 from the sale of an aggregate of 688,420 shares of Common Stock at a price of $0.1946488 per share. 344,210 of these shares were sold to Hudson and the other 344,210 shares were sold to Iroquois. The sale to Hudson and Iroquois was exempt from the registration requirements of the Securities Act of 1933, as amended (the “Act”) pursuant to Sections 4(a)(2) and 4(a)(5) of the Act.CONTIGENCIES

~~Prior~~On toJanuary ~~May 9~~29, ~~2013~~2009, ~~each~~the ofCompany ~~Hudson~~entered ~~and Iroquois~~into ~~acquired~~an ~~349,348~~agreement ~~shares~~with ofKirk ~~Common Stock at a purchase price of $68,000, or $0~~M.~~194648~~ ~~per share~~Warshaw, ~~from~~LLC (the ~~Chapter~~“LLC”) 7for ~~Trustee of~~ the ~~Estates~~use ofand ~~Rodman~~occupancy, ~~Direct~~and ~~Markets,~~administrative ~~Inc.~~services, ~~and~~related ~~Direct~~to ~~Markets~~its ~~Holdings,~~principal ~~Corp~~offices. The inagreement ~~Chapter~~provides 7for ~~bankruptcy~~quarterly ~~proceedings~~payments ~~pending in~~from the ~~United~~Company ~~States~~to ~~Bankruptcy Court for~~ the ~~Southern~~LLC ~~District~~ of ~~New York (Cases No~~$500. The ~~13-10087,~~effective ~~13-10088~~date ~~and~~of ~~13-10089). These shares were all~~ the ~~shares~~agreement ofwas ~~Common~~January ~~Stock beneficially owned by R&R~~1, ~~an affiliate of Rodman~~2009.

NOTE 58 – ~~OTHER~~SUBSEQUENT ~~INCOME~~EVENTS

InThe ~~May~~Company ~~2013,~~has ~~the~~evaluated ~~Company~~all ~~settled~~subsequent aevents ~~trade~~and ~~payable~~has ~~resulting in~~determined athat ~~$23,063~~there ~~gain~~were onno ~~the~~subsequent ~~settlement~~events ofto ~~such~~recognize ~~payable.~~or disclose in these financial statements:

~~NOTE~~ 6ITEM –2. MANAGEMENT’S ~~NEW~~DISCUSSION ~~ACCOUNTING~~AND ~~PRONOUNCEMENTS~~ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

~~Management~~ ~~does~~Plan ~~not~~of ~~believe that any new accounting pronouncements not yet effective will have a material impact on the Company’s financial statements once adopted.~~Operation

~~NOTE~~ 7Since –September ~~COMMITMENTS~~30, ~~AND~~2005 ~~CONTIGENCIES~~our purpose is to effect a business combination with an operating business which we believe has significant growth potential. We are currently considered to be a “shell” company in as much as we have no operations, revenues or employees. We have no definitive agreements or understandings with any prospective business combination candidates and there are no assurances that we will find a suitable business with which to combine. The implementation of our business objectives is wholly contingent upon a business combination and/or the successful sale of securities in 24Holdings. We intend to utilize the proceeds of any offering, any sales of equity securities or debt securities, bank and other borrowings or a combination of those sources to effect a business combination with a target business which we believe has significant growth potential. While we may, under certain circumstances, seek to effect business combinations with more than one target business, unless and until additional financing is obtained, we will not have sufficient proceeds remaining after an initial business combination to undertake additional business combinations.

On ~~January~~A ~~29,~~common ~~2009,~~reason ~~the~~for ~~Company~~a ~~entered~~ target company to enter into ana ~~agreement~~merger with ~~Kirk~~a M.shell ~~Warshaw,~~company ~~LLC~~is (the ~~“LLC”)~~desire to establish a public trading market for ~~the~~its ~~use~~shares. ~~and~~Such ~~occupancy,~~a ~~and~~company ~~administrative~~would ~~services,~~hope ~~related~~ to ~~its~~avoid ~~principal~~the ~~offices.~~perceived ~~The~~adverse ~~agreement~~consequences ~~provides~~of ~~for~~undertaking ~~quarterly~~a ~~payments~~public ~~from~~offering ~~the~~itself, ~~Company~~such toas the ~~LLC~~time ofdelays ~~$500.~~and ~~The~~significant ~~effective~~expenses ~~date of~~incurred to comply with the ~~agreement~~various ~~was~~Federal ~~January~~and 1,state ~~2009~~securities law that regulate initial public offerings.

~~NOTE~~ 8As –a ~~SUBSEQUENT~~result ~~EVENTS~~of our limited resources, we expect to have sufficient proceeds to effect only a single business combination. Accordingly, the prospects for our success will be entirely dependent upon the future performance of a single business. Unlike certain entities that have the resources to consummate several business combinations or entities operating in multiple industries or multiple segments of a single industry, we will not have the resources to diversify our operations or benefit from the possible spreading of risks or offsetting of losses. A target business may be dependent upon the development or market acceptance of a single or limited number of products, processes or services, in which case there will be an even higher risk that the target business will not prove to be commercially viable.

~~The~~ ~~Company~~Our ~~has~~officers ~~evaluated~~are ~~all~~only ~~subsequent events~~required ~~and~~to ~~has~~devote ~~determined~~a ~~that~~small ~~there~~portion ~~were~~of notheir ~~subsequent~~time ~~events~~(less than 10%) to ~~recognize~~our affairs on a part-time or ~~disclose~~as-needed inbasis. ~~these~~We ~~financial~~expect ~~statements:~~to use outside consultants, advisors, attorneys and accountants as necessary. We do not anticipate hiring any full-time employees so long as we are seeking and evaluating business opportunities.

9 We expect our present management to play no managerial role in 24Holdings following a business combination. Although we intend to scrutinize closely the management of a prospective target business in connection with our evaluation of a business combination with a target business, our assessment of management may be incorrect. We cannot assure you that we will find a suitable business with which to combine.

~~ITEM~~ 2On May 9, 2013, we restructured the Common Stock Purchase Agreement, dated May 26, 2005, as amended to date (the “Purchase Agreement”), among InfiniCom, AB (now known as Avalon Innovation AB), a Swedish registered company (“Infinicom”) 24Holdings, Moyo Partners, LLC and R&R Biotech Partners, LLC (“R&R”) (the “Amendment”). Pursuant ~~MANAGEMENT~~to the Amendment, Infinicom’Ss ~~DISCUSSION~~right ~~AND~~to ~~ANALYSIS~~receive OF$400,000 ~~FINANCIAL~~to ~~CONDITION~~$600,000 ~~AND~~in ~~RESULTS~~equity OFvalue ~~OPERATIONS~~of 24Holdings upon the occurrence of one of several post-closing events, including a merger with one or more as yet unidentified private unaffiliated operating companies (the “Infinicom Additional Shares”), was converted into 138,322 shares of our common stock par value $.001 per share (“Common Stock”). The Company recognized non-cash expense of $26,924 associated with this conversion. The issuance to Infinicom was exempt from the registration requirements of the Securities Act of 1933, as amended (the “Act”) pursuant to Section 4(a)(2) of the Act.

~~Plan~~ On May 9, 2013, we raised total gross proceeds of ~~Operation~~$134,000 from the sale of an aggregate of 688,420 shares of Common Stock at a price of $0.1946488 per share. Of these shares, 344,210 were sold to Hudson Bay Master Fund Ltd. (“Hudson”) and the other 344,210 shares were sold to Iroquois Master Fund Ltd. (“Iroquois”). The sale to Hudson and Iroquois was exempt from the registration requirements of the Securities Act of 1933, as amended (the “Act”) pursuant to Sections 4(a)(2) and 4(a)(5) of the Act.

~~Since~~ ~~September~~Prior ~~30, 2005 our purpose is~~ to ~~effect~~May a9, ~~business~~2013, ~~combination~~each ~~with~~of anHudson ~~operating~~and ~~business~~Iroquois ~~which~~acquired we349,348 ~~believe~~shares ~~has~~of ~~significant~~Common ~~growth~~Stock ~~potential.~~at ~~We are currently considered to be~~ a ~~“shell”~~purchase ~~company~~price inof ~~as much as we have no operations~~$68,000, ~~revenues~~ or ~~employees~~$0.194648 Weper ~~have~~share, nofrom ~~definitive agreements~~the orChapter ~~understandings~~7 ~~with~~Trustee ~~any~~of ~~prospective~~the ~~business~~Estates ~~combination~~of ~~candidates~~Rodman ~~and~~& ~~there~~Renshaw, ~~are~~LLC no(“Rodman”), ~~assurances~~Direct ~~that~~Markets, weInc., ~~will~~and ~~find a~~Direct ~~suitable~~Markets ~~business~~Holdings, ~~with which to combine~~Corp. ~~The~~in ~~implementation~~Chapter of7 ~~our~~bankruptcy ~~business~~proceedings ~~objectives~~pending isin ~~wholly contingent upon a business combination and/or~~ the ~~successful~~United ~~sale~~States ofBankruptcy ~~securities~~Court infor ~~24Holdings. We intend to utilize~~ the ~~proceeds~~Southern ofDistrict ~~any offering, any sales~~ of ~~equity~~New ~~securities~~York or(Cases ~~debt~~No. ~~securities~~13-10087, ~~bank~~13-10088 and ~~other borrowings or a combination of those sources to effect a business combination with a target business which we believe has significant growth potential~~13-10089). These ~~While~~shares wewere ~~may,~~all ~~under~~the ~~certain~~shares ~~circumstances,~~of ~~seek~~Common toStock ~~effect business~~beneficially ~~combinations~~owned ~~with~~by ~~more than one target business~~R&R, ~~unless and until additional financing is obtained, we will not have sufficient proceeds remaining after~~ an ~~initial~~affiliate ~~business~~of ~~combination to undertake additional business combinations~~Rodman.

A ~~common~~RESULTS ~~reason~~OF ~~for~~OPERATIONS aFOR ~~target~~THE ~~company~~THREE ~~to enter~~MONTHS ~~into~~ENDED aSEPTEMBER ~~merger~~30, ~~with~~2013 aCOMPARED ~~shell~~TO ~~company~~THE isTHREE ~~the~~MONTHS ~~desire~~ENDED toSEPTEMBER ~~establish a public trading market for its shares. Such a company would hope to avoid the perceived adverse consequences of undertaking a public offering itself~~30, ~~such as the time delays and significant expenses incurred to comply with the various Federal and state securities law that regulate initial public offerings.~~2012

As aWe ~~result~~currently ofdo ~~our~~not ~~limited resources, we expect to~~ have ~~sufficient~~any ~~proceeds to effect only a single~~ business ~~combination.~~operations ~~Accordingly,~~and ~~the~~did prospects for our success will be entirely dependent upon the future performance of a single business. Unlike certain entities that have the resources to consummate several business combinations or entities operating in multiple industries or multiple segments of a single industry, we will not have ~~the~~any ~~resources~~revenues toduring ~~diversify our operations or benefit from~~ the ~~possible~~three ~~spreading~~month ofperiods ~~risks~~ended orSeptember ~~offsetting of losses. A target business may be dependent upon the development or market acceptance of a single or limited number of products~~30, ~~processes or~~2013 ~~services,~~and ~~in which case there will be an even higher risk that the target business will not prove to be commercially viable~~2012.

~~Our~~ ~~officers~~Total ~~are~~expenses ~~only~~from ~~required~~continuing tooperations ~~devote a~~for ~~small~~the ~~portion~~three ofmonths ~~their~~ended ~~time~~September ~~(less~~30, ~~than~~2013 ~~10%)~~and to2012 ~~our~~were ~~affairs~~$22,299 onand a$7,500, ~~part-time or as-needed basis~~respectively. The Wemajority ~~expect~~of tothese ~~use~~expenses ~~outside~~primarily ~~consultants, advisors,~~constituted ~~attorneys~~general and ~~accountants~~administrative asexpenses ~~necessary.~~related Weto doaccounting ~~not~~and ~~anticipate~~compliance ~~hiring~~with ~~any~~the ~~full-time~~Securities ~~employees~~Exchange soAct ~~long~~of 1934, as weamended ~~are~~(“Exchange ~~seeking and evaluating business opportunities~~Act”).

We ~~expect~~RESULTS ~~our~~OF ~~present~~OPERATIONS ~~management~~FOR toTHE ~~play no~~NINE ~~managerial~~MONTHS ~~role~~ENDED inSEPTEMBER ~~24Holdings~~30, ~~following~~2013 aCOMPARED ~~business~~TO ~~combination.~~THE ~~Although~~NINE weMONTHS ~~intend~~ENDED toSEPTEMBER ~~scrutinize closely the management of a prospective target business in connection with our evaluation of a business combination with a target business~~30, ~~our assessment of management may be incorrect. We cannot assure you that we will find a suitable business with which to combine.~~2012

On ~~May~~We 9,currently ~~2013,~~do wenot ~~restructured~~have ~~the~~any ~~Common Stock~~business ~~Purchase~~operations ~~Agreement,~~and ~~dated~~did ~~May~~not ~~26,~~have ~~2005,~~any asrevenues ~~amended~~during ~~to date (~~the ~~“Purchase~~nine ~~Agreement”),~~month ~~among~~periods ~~InfiniCom,~~ended ABSeptember ~~(now known as Avalon Innovation AB)~~30, a2013 ~~Swedish registered company (“Infinicom”) 24Holdings, Moyo Partners, LLC~~ and ~~R&R Biotech Partners, LLC (“R&R”) (the “Amendment”)~~2012. We ~~Pursuant to the Amendment~~did, ~~Infinicom’s right to receive $400~~however,~~000~~ torecognize $~~600~~23,~~000~~063 ~~in equity value~~ of ~~24Holdings~~Other ~~upon~~Income ~~the~~in ~~occurrence~~2013 ofwhich ~~one~~was ofrealized ~~several~~when ~~post-closing~~we ~~events,~~negotiated ~~including~~ a ~~merger~~discounted ~~with~~payment one or more as yet unidentified private unaffiliated operating companies (the “Infinicom Additional Shares”), was converted into 138,322 shares of our common stock par value $.001 per share (“Common Stock”). The Company recognized non-cash expense of $26,924 associated with this conversion. The issuance to ~~Infinicom~~a ~~was~~vendor ~~exempt~~in ~~from~~full ~~the~~satisfaction ~~registration requirements~~ of ~~the~~an ~~Securities~~obligation ~~Act of 1933, as amended (the “Act”) pursuant~~ to ~~Section~~that ~~4(a)(2) of the Act~~vendor.

On ~~May~~Total 9,expenses ~~2013,~~from wecontinuing ~~raised~~operations ~~total~~including ~~gross proceeds~~the ofaforementioned $~~134~~26,~~000~~924 ~~from~~expense associated with the ~~sale~~conversion of anInfinicom ~~aggregate~~Additional ofShares ~~688~~into 138,~~420~~322 shares of Common Stock, atfor athe ~~price~~nine ofmonths ~~$0.1946488~~ended ~~per~~September ~~share. 344~~30,~~210 of~~ ~~these~~2013 ~~shares~~and 2012 were ~~sold~~$98,653 toand ~~Hudson~~$22,029, ~~Bay~~respectively. The ~~Master~~majority ~~Fund~~of ~~Ltd.~~these ~~(“Hudson”)~~expenses ~~and~~primarily ~~the~~constituted ~~other~~general ~~344,210~~and ~~shares~~administrative ~~were~~expenses ~~sold~~related to ~~Iroquois Master~~accounting ~~Fund~~and ~~Ltd.~~compliance ~~(“Iroquois”).~~with ~~The~~the ~~sale~~Exchange toAct ~~Hudson~~ and ~~Iroquois~~for ~~was~~the ~~exempt~~nine ~~from~~months ended September 30, 2013 expenses associated with the ~~registration~~aforementioned ~~requirements~~events ofrelated to the ~~Securities~~ ~~Act~~conversion of ~~1933,~~Infinicom’s asrights ~~amended~~to (the ~~“Act”)~~Infinicom ~~pursuant~~Additional toShares ~~Sections~~and ~~4(a)(2)~~the sale and ~~4(a)(5)~~issuance of ~~the~~shares ~~Act~~of our Common Stock to Hudson and Iroquois.

~~Prior~~ toLiquidity ~~May 9, 2013, each of Hudson~~ and ~~Iroquois~~ ~~acquired~~Capital 349,348 shares of Common Stock at a purchase price of $68,000, or $0.194648 per share, from the Chapter 7 Trustee of the Estates of Rodman & Renshaw, LLC (“Rodman”), Direct Markets, Inc., and Direct Markets Holdings, Corp. in Chapter 7 bankruptcy proceedings pending in the United States Bankruptcy Court for the Southern District of New York (Cases No. 13-10087, 13-10088 and 13-10089). These shares were all the shares of Common Stock beneficially owned by R&R, an affiliate of Rodman.Resources

10 At September 30, 2013, we did not have any revenues from operations. Absent a merger or other combination with an operating company, we do not expect to have any revenues from operations. No assurance can be given that such a merger or other combination will occur or that we can engage in any public or private sales of its equity or debt securities to raise working capital. We are dependent upon future loans or capital contributions from our present stockholders and/or management and there can be no assurances that our present stockholders or management will make any loans or capital contributions to us.

~~RESULTS~~ OFOn ~~OPERATIONS~~May ~~FOR~~9, ~~THE~~2013, ~~THREE~~we ~~MONTHS ENDED~~raised ~~JUNE~~total 30gross proceeds of $134,000 ~~2013~~from ~~COMPARED~~the TOsale ~~THE~~of ~~THREE~~an ~~MONTHS~~aggregate ~~ENDED~~of ~~JUNE~~688,420 shares of Common Stock at a price of $0.1946488 per share. Of these shares, 344,210 were sold to Hudson and the other 344,210 shares were sold to Iroquois. At September 30, ~~2012~~2013, we had cash of $55,166 and working capital of $59,894.

We ~~currently~~Our dopresent ~~not~~material ~~have~~commitments ~~any~~are ~~business operations~~professional and ~~did~~administrative ~~not~~fees ~~have~~and ~~any~~expenses ~~revenues~~associated ~~during~~with the ~~three~~preparation ~~month~~of ~~periods~~our ~~ended~~filings ~~June~~with ~~30,~~the ~~2013~~SEC and ~~2012.~~other Weregulatory ~~did,~~requirements. In ~~however,~~the ~~recognize $23,063~~event ofthat ~~Other~~we ~~Income~~engage in ~~2013~~any ~~which~~merger ~~was~~or ~~realized~~other ~~when~~combination wewith ~~negotiated~~an aoperating ~~discounted~~company, ~~payment~~we towill ahave ~~vendor~~additional inmaterial ~~full~~professional ~~satisfaction of an obligation to that vendor~~commitments.

~~Total~~ ~~expenses~~Critical ~~from~~Accounting Continuing Operations including the aforementioned $26,924 expense associated with the conversion of the 138,322 shares of Common Stock for the three months ended June 30, 2013 and 2012 were $69,604 and $7,250, respectively. The majority of these expenses primarily constituted general and administrative expenses related to accounting and compliance with the Securities Exchange Act of 1934, as amended (“Exchange Act”) and for the quarter ended June 30, 2013 expenses associated with the aforementioned events related to the conversion of Infinicom’s rights to the Infinicom Additional Shares and the sale and issuance of shares of our Common Stock to Hudson and Iroquois.Policies

~~RESULTS~~ OFOur ~~OPERATIONS~~unaudited ~~FOR~~financial ~~THE~~statements ~~SIX~~are ~~MONTHS ENDED~~prepared ~~JUNE~~in ~~30,~~conformity ~~2013~~with ~~COMPARED~~accounting TOprinciples ~~THE~~generally ~~SIX~~accepted ~~MONTHS~~in ~~ENDED~~the ~~JUNE~~United 30States of America (“GAAP”), ~~2012~~which require management to make estimates and assumptions that affect the amounts reported in such financial statements and related notes. Actual results can and will differ from estimates. These differences could be material to the financial statements. We believe our application of accounting policies and the estimates required therein are reasonable. Outlined below are those policies considered particularly significant.

We ~~currently~~Use ~~do not have any business operations and did not have any revenues during the six month periods ended June 30, 2013 and 2012. We did, however, recognize $23,063~~ of ~~Other Income in 2013 which was realized when we negotiated a discounted payment to a vendor in full satisfaction of an obligation to that vendor.~~Estimates

~~Total~~ ~~expenses~~In ~~from~~preparing ~~Continuing~~financial ~~Operations including~~statements ~~the~~in ~~aforementioned~~accordance ~~$26~~with GAAP,~~924~~ ~~expense~~management ~~associated~~makes ~~with~~certain ~~the~~estimates ~~conversion~~and ~~of the 138~~assumptions,~~322~~ ~~shares~~where ~~of Common Stock~~applicable, ~~for~~that affect the ~~six months~~reported ~~ended~~amounts ~~June~~of ~~30,~~assets ~~2013~~ and ~~2012~~liabilities ~~were $76,354~~ and ~~$14,529,~~disclosures ~~respectively. The majority~~ of ~~these~~contingent ~~expenses~~assets ~~primarily constituted general~~ and ~~administrative~~liabilities ~~expenses~~at ~~related~~the todate ~~accounting~~of ~~and compliance with~~ the ~~Exchange~~financial ~~Act~~statements, ~~and~~as ~~for~~well as the ~~six~~reported ~~months~~amounts ~~ended~~of ~~June 30,~~revenues ~~2013~~and expenses ~~associated~~during ~~with~~ the ~~aforementioned~~reporting ~~events~~period. ~~related~~While toactual ~~the~~results ~~conversion~~could ofdiffer ~~Infinicom’s~~from ~~rights~~those toestimates, ~~the~~management ~~Infinicom Additional~~does ~~Shares~~not ~~and~~expect ~~the~~such ~~sale~~variances, ~~and~~if ~~issuance~~any, ofto ~~shares~~have ofa ~~our~~material ~~Common~~effect ~~Stock~~on tothe ~~Hudson~~financial ~~and Iroquois~~statements.

~~Liquidity~~ ~~and~~Income ~~Capital Resources~~Taxes

At ~~June~~The ~~30,~~asset ~~2013,~~and weliability ~~did~~method ~~not~~is ~~have~~used ~~any revenues~~in ~~from~~accounting ~~operations~~for income taxes. Under ~~Absent~~this amethod, ~~merger~~deferred ortax ~~other~~assets ~~combination~~and ~~with~~liabilities anare recognized for operating ~~company,~~loss weand dotax ~~not~~credit ~~expect~~carry toforwards ~~have~~and ~~any~~for ~~revenues from~~the ~~operations.~~future Notax ~~assurance~~consequences ~~can~~attributable beto ~~given~~differences ~~that~~between ~~such~~the afinancial ~~merger~~statement orcarrying ~~other~~amounts ~~combination~~of ~~will~~existing ~~occur~~assets orand ~~that~~liabilities weand ~~can~~their ~~engage~~respective intax ~~any~~bases. Deferred ~~public or~~tax ~~private~~assets ~~sales~~and ofliabilities ~~its~~are ~~equity~~measured orusing ~~debt~~enacted ~~securities~~tax rates expected to ~~raise~~apply ~~working~~to ~~capital.~~taxable Weincome in the years in which those temporary differences are ~~dependent~~expected ~~upon~~to ~~future~~be ~~loans~~recovered or ~~capital~~settled. The ~~contributions from~~effect ~~our~~on ~~present~~deferred ~~stockholders~~tax assets and~~/or~~ ~~management~~liabilities ~~and~~of ~~there~~a ~~can~~change bein notax ~~assurances~~rates ~~that~~is ~~our~~recognized ~~present~~in ~~stockholders~~the orresults ~~management~~of ~~will make~~operations ~~any~~in ~~loans~~the orperiod ~~capital~~that ~~contributions~~includes the enactment date. A valuation allowance is recorded to usreduce the carrying amounts of deferred tax assets unless it is more likely than not that such assets will be realized.

On ~~May~~Financial 9, 2013, we raised total gross proceeds of $134,000 from the sale of an aggregate of 688,420 shares of Common Stock at a price of $0.1946488 per share. 344,210 of these shares were sold to Hudson and the other 344,210 shares were sold to Iroquois. At June 30, 2013, we had cash of $79,090 and working capital of $82,193.Instruments

~~Our~~ ~~present~~The ~~material~~estimated ~~commitments~~fair ~~are~~values ~~professional and~~of ~~administrative~~all ~~fees~~reported assets and ~~expenses~~liabilities ~~associated~~which ~~with~~represent ~~the~~financial ~~preparation~~instruments, none of ~~our~~which ~~filings~~are ~~with~~held ~~the~~for ~~SEC~~trading ~~and~~purposes, ~~other~~approximate ~~regulatory~~their ~~requirements. In~~carrying ~~the~~value ~~event~~because ~~that~~of wethe ~~engage~~short interm ~~any~~maturity ~~merger~~of orthese ~~other~~instruments ~~combination~~or ~~with~~the anstated ~~operating~~interest ~~company,~~rates weare ~~will~~indicative ~~have~~of ~~additional~~market ~~material~~interest ~~professional commitments~~rates.

~~Critical~~ ~~Accounting~~Equity ~~Policies~~Based Compensation

~~Our~~ ~~unaudited~~The ~~financial~~accounting ~~statements~~guidance ~~are prepared~~for in“Share ~~conformity~~Based ~~with~~Payments” ~~accounting~~requires ~~principles~~the ~~generally~~recognition ~~accepted~~of in the ~~United~~fair ~~States~~value of ~~America~~employee ~~(“GAAP”),~~stock ~~which require~~options ~~management~~and similar awards and applies to ~~make~~all ~~estimates~~outstanding and vested stock-based awards. In computing the impact, the fair value of each option is estimated on the date of grant based on the Black-Scholes options-pricing model utilizing certain assumptions ~~that~~for ~~affect~~a risk free interest rate; volatility; and expected remaining lives of the ~~amounts~~awards. ~~reported~~The assumptions used in ~~such~~calculating ~~financial~~the ~~statements~~fair value of share-based payment awards represent management’s best estimates, but these estimates involve inherent uncertainties and ~~related notes~~the application of management judgment. ~~Actual~~As ~~results~~a ~~can~~result, if factors change and ~~will~~we ~~differ~~use ~~from~~different ~~estimates.~~assumptions, ~~These~~our ~~differences~~stock-based compensation expense could be ~~material~~materially different in the future. In addition, we are required to estimate the ~~financial~~expected ~~statements~~forfeiture rate and only recognize expense for those shares expected to vest. In ~~We believe~~estimating our ~~application~~forfeiture rate, we analyzed its historical forfeiture rate, the remaining lives of ~~accounting~~unvested ~~policies~~options, and the ~~estimates~~amount ~~required~~of ~~therein~~vested ~~are~~options ~~reasonable~~as a percentage of total options outstanding. If ~~Outlined~~our ~~below~~actual ~~are~~forfeiture ~~those~~rate ~~policies considered~~is ~~particularly~~materially ~~significant~~different from its estimate, or if we reevaluate the forfeiture rate in the future, the stock-based compensation expense could be significantly different from what we have recorded in the current period. The last equity based compensation issued by us was more than two years ago and such shares were fully vested upon issuance, hence an expense was recorded at that time.

~~Use~~ ofNew ~~Estimates~~Accounting Pronouncements

In ~~preparing~~All ~~financial~~new ~~statements~~accounting inpronouncements ~~accordance with~~issued ~~GAAP,~~but ~~management~~not ~~makes~~yet ~~certain~~effective ~~estimates~~have ~~and~~been ~~assumptions,~~reviewed ~~where applicable, that affect the reported amounts of assets~~ and ~~liabilities~~ ~~and~~determined ~~disclosures~~to ofbe ~~contingent~~not ~~assets~~applicable. As ~~and~~a ~~liabilities at the date of the financial statements~~result, ~~as well as~~ the ~~reported amounts~~adoption of ~~revenues~~such ~~and~~new ~~expenses~~accounting ~~during~~pronouncements, ~~the~~when ~~reporting period. While actual results could differ from those estimates~~effective, ~~management does~~is not ~~expect~~expected ~~such variances, if any,~~ to have a material ~~effect~~impact on ~~the~~our financial ~~statements~~position.

11 Off-Balance Sheet Arrangements

~~Income~~ ~~Taxes~~As of September 30, 2013, we have no off-balance sheet arrangements such as guarantees, retained or contingent interest in assets transferred, obligation under a derivative instrument and obligation arising out of or a variable interest in an unconsolidated entity.

~~The~~ITEM ~~asset and liability method is used in accounting for income taxes~~3. QUANTITATIVE ~~Under~~AND ~~this~~QUALITATIVE ~~method,~~DISCLOSURES ~~deferred~~ABOUT ~~tax~~MARKET assets and liabilities are recognized for operating loss and tax credit carry forwards and for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basesRISK. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the results of operations in the period that includes the enactment date. A valuation allowance is recorded to reduce the carrying amounts of deferred tax assets unless it is more likely than not that such assets will be realized.

~~Financial~~As ~~Instruments~~a smaller reporting company, we are not required to provide the information required by this Item.

~~The~~ITEM ~~estimated~~4. CONTROLS ~~fair~~AND values of all reported assets and liabilities which represent financial instruments, none of which are held for trading purposes, approximate their carrying value because of the short term maturity of these instruments or the stated interest rates are indicative of market interest ratesPROCEDURES.

~~Equity~~ (a) Evaluation ~~Based~~of ~~Compensation~~Disclosure Controls and Procedures

~~The~~Our ~~accounting~~management, ~~guidance~~with ~~for “Share Based Payments” requires~~ the ~~recognition~~participation of ~~the~~both ~~fair value~~ of ~~employee~~our ~~stock~~president ~~options~~ and ~~similar~~chief ~~awards~~financial ~~and~~officer, ~~applies~~carried toout ~~all outstanding~~an ~~and~~evaluation ~~vested~~of ~~stock-based awards. In computing~~ the ~~impact,~~effectiveness ~~the fair value~~ of ~~each~~our ~~option~~“disclosure iscontrols ~~estimated~~and onprocedures” ~~the~~(as ~~date~~defined ~~of grant~~in ~~based on~~ the ~~Black-Scholes~~Securities ~~options-pricing~~Exchange ~~model~~Act ~~utilizing~~of ~~certain~~1934 ~~assumptions~~(the ~~for~~“Exchange aAct”) ~~risk~~Rules ~~free~~13a-15(e) ~~interest~~and ~~rate;~~15-d-15(e)) ~~volatility; and~~as ~~expected~~of ~~remaining~~the ~~lives~~end of the ~~awards.~~period ~~The~~covered ~~assumptions~~by ~~used~~this inreport ~~calculating~~ (the ~~fair~~“Evaluation ~~value~~Date”). Based ofupon ~~share-based~~that ~~payment~~evaluation, ~~awards~~both ~~represent management’s~~of ~~best~~our ~~estimates,~~president ~~but~~and ~~these~~chief ~~estimates~~financial ~~involve~~officer ~~inherent~~concluded ~~uncertainties~~that ~~and~~as ~~the application~~ of ~~management~~the ~~judgment. As~~Evaluation ~~a result~~Date, ifour ~~factors~~disclosure ~~change~~controls and weprocedures ~~use~~are ~~different~~effective ~~assumptions,~~to ~~our~~ensure ~~stock-based~~that ~~compensation~~information ~~expense~~required ~~could~~to be ~~materially~~disclosed ~~different~~ by us in the ~~future.~~reports Inthat ~~addition,~~ we ~~are~~file ~~required~~or tosubmit ~~estimate~~under the ~~expected~~Exchange ~~forfeiture~~Act ~~rate~~(i) ~~and~~is ~~only recognize expense for those shares expected to vest. In estimating our forfeiture rate~~recorded, ~~we analyzed its historical forfeiture rate~~processed, ~~the~~summarized ~~remaining lives of unvested options,~~ and ~~the amount of vested options as a percentage of total options outstanding. If our actual forfeiture rate is materially different from its estimate~~reported, orwithin ~~if we reevaluate~~ the ~~forfeiture~~time ~~rate~~periods inspecified ~~the future, the stock-based compensation expense could be significantly different from what we have recorded~~ in the ~~current~~SEC’s ~~period.~~rules ~~The~~and ~~last~~forms ~~equity~~and ~~based~~(ii) ~~compensation~~is ~~issued~~accumulated byand uscommunicated ~~was more~~to ~~than~~our ~~two~~management, ~~years~~including ~~ago~~our president and ~~such~~our ~~shares~~chief ~~were~~financial ~~fully vested upon issuance~~officer, ~~hence~~as anappropriate ~~expense~~to ~~was~~allow ~~recorded~~timely atdecisions ~~that~~regarding ~~time~~required disclosure.

~~New~~ (b) Changes ~~Accounting~~in ~~Pronouncements~~Internal Control over Financial Reporting

~~All~~There ~~new~~were ~~accounting~~no ~~pronouncements~~changes ~~issued but~~in ~~not~~our ~~yet~~internal ~~effective~~controls ~~have~~over ~~been~~financial ~~reviewed~~reporting ~~and~~that ~~determined~~occurred toduring bethe ~~not~~quarter ~~applicable.~~covered Asby athis ~~result,~~report ~~the~~that ~~adoption~~has ofmaterially ~~such new accounting pronouncements~~affected, ~~when~~or ~~effective,~~ is ~~not~~reasonably ~~expected~~likely to ~~have~~materially aaffect, ~~material~~our ~~impact~~internal oncontrol ~~our~~over financial ~~position~~reporting.

~~Off~~PART II. -~~Balance~~ ~~Sheet~~OTHER ~~Arrangements~~INFORMATION

As ofITEM June 30, 2013, we have no off-balance sheet arrangements such as guarantees, retained or contingent interest in assets transferred, obligation under a derivative instrument and obligation arising out of or a variable interest in an unconsolidated entity6. EXHIBITS

Exhibit No.		Description

31.1		Certification of the President pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.*

31.2		Certification of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.*

32.1		Certification of the President pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.*

32.2		Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.*

101.INS		XBRL Instance Document.*

101.SCH		XBRL Taxonomy Extension Schema Document.*

101.CAL		XBRL Taxonomy Extension Calculation Linkbase Document.*

101.LAB		XBRL Taxonomy Extension Label Linkbase Document.*

101.PRE		XBRL Taxonomy Extension Presentation Linkbase Document.*

101.DEF		XBRL Taxonomy Extension Definition Linkbase Document.*

~~ITEM~~ ~~3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.~~__________________

As a* ~~smaller~~Filed ~~reporting company, we are not required to provide the information required by this Item~~herewith.

~~ITEM~~ ~~4. CONTROLS AND PROCEDURES.~~SIGNATURES

~~(a) Evaluation~~In accordance with the requirements of ~~Disclosure~~the ~~Controls~~Securities ~~and~~Exchange ~~Procedures~~Act of 1934, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Our management, with the participation of both of our president and chief financial officer, carried out an evaluation of the effectiveness of our “disclosure controls and procedures” (as defined in the Securities Exchange Act of 1934 (the “Exchange Act”) Rules 13a-15(e) and 15-d-15(e)) as of the end of the period covered by this report (the “Evaluation Date”). Based upon that evaluation, both of our president and chief financial officer concluded that as of the Evaluation Date, our disclosure controls and procedures are effective to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act (i) is recorded, processed, summarized and reported, within the time periods specified in the SEC’s rules and forms and (ii) is accumulated and communicated to our management, including our president and our chief financial officer, as appropriate to allow timely decisions regarding required disclosure.

	24Holdings Inc

Dated: November 6, 2013	/s/ Arnold P. Kling
	Arnold P. Kling, President
	(Principal Executive Officer)

Dated: November 6, 2013	/s/ Kirk M. Warshaw
	Kirk M. Warshaw, Chief Financial Officer
	(Principal Financial and Accounting Officer)

(b) Changes in Internal Control over Financial Reporting

There were no changes in our internal controls over financial reporting that occurred during the quarter covered by this report that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

PART II. - OTHER INFORMATION

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.

On May 9, 2013, pursuant to the Amendment, Infinicom’s right to receive the Infinicom Additional Shares was converted into 138,322 shares of our Common Stock. The issuance to Infinicom was exempt from the registration requirements of the Act pursuant to Section 4(a)(2) of the Act.

On May 9, 2013, we raised total gross proceeds of $134,000 from the sale of an aggregate of 688,420 shares of our Common Stock at a price of $0.1946488 per share to Hudson and Iroquois, each purchasing 344,210 shares. The sale to Hudson and Iroquois was exempt from the registration requirements of the Act pursuant to Sections 4(a)(2) and 4(a)(5) of the Act.

ITEM 6. EXHIBITS

Exhibit No.		Description
10.1		Form of Stock Subscription Agreement, dated May 9, 2013, between 24Holdings, Inc. and each of Hudson Bay Master Fund Ltd. and Iroquois Master Fund Ltd.(1)
10.2		Amendment to the Common Stock Purchase Agreement, dated May 9, 2013, between InfiniCom, AB (now known as Avalon Innovation AB) and 24Holdings, Inc.(1)
31.1		Certification of the President pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2		Certification of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.1		Certification of the President pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
32.2		Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101.INS		XBRL Instance Document.
101.SCH		XBRL Taxonomy Extension Schema Document.
101.CAL		XBRL Taxonomy Extension Calculation Linkbase Document.
101.LAB		XBRL Taxonomy Extension Label Linkbase Document.
101.PRE		XBRL Taxonomy Extension Presentation Linkbase Document.
101.DEF		XBRL Taxonomy Extension Definition Linkbase Document.

(1) Previously filed as an Exhibit in the company’s quarterly report on Form 10-Q for the period ended March 31, 2013, and incorporated herein by this reference.

SIGNATURES

In accordance with the requirements of the Securities Exchange Act of 1934, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	24Holdings Inc
Dated: August 6, 2013	/s/ Arnold P. Kling
	Arnold P. Kling, President
	(Principal Executive Officer)
Dated: August 6, 2013	/s/ Kirk M. Warshaw
	Kirk M. Warshaw, Chief Financial Officer
	(Principal Financial and Accounting Officer)

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