U.S. Securities and Exchange Commission

Washington, D.C. 20549

FORM 10-K

[X] Annual Report Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 for the Fiscal Year Ended December 31, ~~2009~~2010

[ ]	Transition Report Under Section 13 or 15(d) of The Securities Exchange Act of 1934 for the Transition Period from _______ to _______

Commission File Number: 333-153589

EXERCISE FOR LIFE SYSTEMS, INC.

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

North Carolina	22-3464709
(State or other jurisdiction of	(IRS Employer Identification No.)
incorporation or organization)

~~East~~92 ~~Field~~Gleneagles ~~Road~~View, ~~Suite~~Cochrane, ~~200-311~~Alberta, Canada

Huntersville, NC 28078

(Address of principal executive offices)

(~~704~~403) ~~778~~932-~~1700~~1801

(Issuer's telephone number)

Securities registered under Section 12(g) of the Exchange Act:

Common Stock, $.0001 par value

(Title of Class)

Indicate by check mark if the registrant is a well-know seasoned issuer, as defined in Rule 405 of the Securities Act.

Yes [ ] No [x]

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act

Yes [ ] No [x]

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 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 Website, 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 such shorter period that the registrant was required to submit and post such files).

Yes [ ] No [ ]

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 if Regulation S-K (229.405 of this Chapter) is not contained herein, and will not be contained, to the best of the registrant’s knowledge, in definitive proxy of information statements incorporated by reference in Part III of this Form 10-K or any amendments to this Form 10-K.

Yes [ ] No [ x]

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 definitions of “large accelerated filer”, “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer £ Non-accelerated filer £ (Do not check if a smaller reporting company) Accelerated filer £ Smaller reporting company XS

Indicate by check mark whether the registrant is a shell company (as defined in rule 12b-2 of the exchange act).

Yes [ ] No [Xx]

The Registrant’s revenues for its fiscal year ended December 31, ~~2009~~2010 were $4247,~~424~~808.

The aggregate market value of the voting stock and non-voting common equity on April 12 15, ~~2010~~2011 (consisting of Common Stock, $0.0001 par value per share) held by non-affiliates was approximately $~~221~~760,~~422.25~~296 based upon the most recent sales price for such Common Stock on said date ($0.~~145~~09). On April 1215, ~~2010~~2011, there were 11 40,~~527~~000,~~050~~000 shares of our Common Stock issued and outstanding, of which approximately 18,~~527~~447,~~050~~737 shares were held by non-affiliates.

Number of of shares of common stock, par value $.0001, outstanding as of April 1215, ~~2010~~2011: 11 40,~~527~~000,~~050~~000

DOCUMENTS INCORPORATED BY REFERENCE

None

CAUTIONARY STATEMENT REGARDING FORWARD LOOKING INFORMATION

The discussion contained in this 10-K under the Securities Exchange Act of 1934, as amended, contains forward-looking statements that involve risks and uncertainties. The issuer's actual results could differ significantly from those discussed herein. These include statements about our expectations, beliefs, intentions or strategies for the future, which we indicate by words or phrases such as "anticipate," "expect," "intend," "plan," "will," "we believe," "the Company believes," "management believes" and similar language, including those set forth in the discussions under "Notes to Financial Statements" and "Management's Discussion and Analysis or Plan of Operation" as well as those discussed elsewhere in this Form 10-K. We base our forward-looking statements on information currently available to us, and we assume no obligation to update them. Statements contained in this Form 10-K that are not historical facts are forward-looking statements that are subject to the "safe harbor" created by the Private Securities Litigation Reform Act of 1995.

(1)

Table of Contents

TABLE OF CONTENTS

PART I:
Item 1. Business			3
Item 1A. Risk Factors			5
Item 1B. Unresolved Staff Comments			6
Item 2. Properties			6
Item 3. Legal Proceedings			6
Item 4. Submission of Matters to a Vote of Security Holders			6
PART II:
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities			6
Item 6. Selected Financial Data			7
Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations			7
Item 7A. Quantitative and Qualitative Disclosures About Market Risk			8
Item 8. Financial Statements and Supplementary Data			8
Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure			18
Item 9A. Controls and Procedures			18
Item 9A(T). Controls and Procedures			18
Item 9B. Other Information			18
PART III:
Item 10. Directors, Executive Officers and Corporate Governance			19
Item 11. Executive Compensation			19
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters			20
Item 13. Certain Relationships and Related Transactions, and Director Independence			20
Item 14. Principal Accounting Fees and Services			20
PART IV:
Item 15. Exhibits, Financial Statement Schedules			21
SIGNATURES:			22

PART I:

2Item 1. Business

Item 1A. Risk Factors

Item 1B. Unresolved Staff Comments

Item 2. Properties

Item 3. Legal Proceedings

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

PART II:

Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

Item 6. Selected Financial Data

Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations

Item 7A. Quantitative and Qualitative Disclosures About Market Risk

Item 8. Financial Statements and Supplementary Data

Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure

Item 9A. Controls and Procedures

Item 9A(T). Controls and Procedures

Item 9B. Other Information

PART III:

Item 10. Directors, Executive Officers and Corporate Governance

Item 11. Executive Compensation

Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

Item 13. Certain Relationships and Related Transactions, and Director Independence

Item 14. Principal Accounting Fees and Services

PART IV:

Item 15. Exhibits, Financial Statement Schedules

SIGNATURES:

(2)

ITEM 1. BUSINESS

Our Company

Exercise for Life Systems, Inc. is(the a“Company”, ~~full-service~~“EFLS”) ~~operator~~was ofincorporated ~~personal fitness training~~ in ~~and~~New ~~around~~Jersey ~~the~~in ~~Lake~~1996 ~~Norman~~as ~~area of Charlotte, North Carolina~~A.J. ~~We operate from our training facility located at East Field Road~~Glaser, ~~Suite 200-311 Huntersville,~~ ~~NC 28078~~Inc. Byand ~~operating~~redomiciled ~~our~~to ~~fitness~~North ~~center~~Carolina in a2006. In ~~major~~2008, ~~metropolitan area~~the ~~such~~Company asamended ~~Charlotte,~~its North Carolina, weArticles ~~are~~of ~~able~~ Incorporation to ~~offer~~change ~~city-wide~~its ~~training services,~~name ~~providing more value~~ to ~~clients~~Exercise ~~and~~for ~~differentiating~~Life ~~ourselves~~Systems, ~~from “mom and pop” competitors while achieving operating efficiencies~~Inc.

~~We were~~On ~~incorporated~~February in10, ~~New~~2011, ~~Jersey~~the inCompany ~~August~~entered ofinto ~~1996~~a ~~until~~Plan weof ~~re-domiciled~~Exchange toagreement ~~North Carolina~~with inMediaMatic ~~September~~Ventures ~~2008~~Inc. ~~Since inception~~, ~~our~~a ~~business,~~privately-held ~~markets, the services~~company weincorporated ~~offer~~under ~~and~~ the ~~way~~laws weof ~~conduct~~the ~~our~~Province ~~business~~of ~~have~~Alberta, ~~not~~Canada ~~changed~~(“MMV”), ~~significantly~~ and ~~are~~ ~~not~~the ~~expected~~shareholders toof ~~change.~~MMV ~~Changes that have been made are primarily~~ (the ~~result~~“MMV ofShareholders”). ~~increasing~~Pursuant ~~awareness~~to of the ~~need for exercise~~agreement, ~~weight~~on ~~control~~February 11, ~~good~~2011 ~~nutrition and~~we apurchased ~~healthy~~all ~~lifestyle~~15,685,692 ~~among~~of ~~adults and children in~~ the ~~United~~issued ~~States.~~and Weoutstanding ~~believe~~common ~~that~~shares ~~through more targeted sales and marketing efforts~~ of ~~our~~MMV ~~service offerings~~from wethe ~~can~~MMV ~~capitalize~~Shareholders onin ~~the~~exchange ~~opportunities~~for inissuing ~~our markets~~28,000,000 ~~including~~shares ~~the aging~~ of ~~America~~our ~~and~~common ~~generally~~stock ~~higher~~to ~~awareness~~the ~~levels~~MMV ~~of fitness~~Shareholders. ~~For many~~ MMV ~~years~~and ~~our~~MMV ~~target~~Shareholders ~~market~~represented ~~was~~that on the ~~18-~~date ~~to 34-year old middle-income segment~~ of the ~~population.~~ Inagreement ~~recent~~MMV ~~years,~~had wetotal ~~expanded~~assets ~~our~~of ~~target~~at ~~market~~least to$3,200,000 ~~include~~and ~~35- to~~liabilities ~~64-year~~of ~~olds.~~not ~~Currently,~~greater ~~our~~than ~~clients range in age from approximately 12 to 91~~$850, ~~reflecting~~000 ~~our~~(excluding ~~many~~contingent ~~years in business and diverse client base~~liabilities).

~~Beginning in~~The ~~September 2006, we changed our focus and our business plan by focusing on~~completion ~~improving operating margins and cash flows from our existing profit center~~ of ~~personal~~ ~~fitness~~the ~~training.~~share Weexchange ~~first~~was ~~focused~~conditioned ~~on operating efficiencies~~upon, ~~enrolling more~~among ~~new~~other clients by expanding our service offerings to include discounted services if a client purchases a bulk number of training sessions in advance. We continue to evaluate strategic alternatives to enhance our liquidity and make necessary investments in our ongoing business.things:

~~Business Development~~(1) our eliminating all of our known or potential liabilities as of the closing date, including, but not limited to, any accounts payable, accrued expenses, and any liabilities shown on its quarterly report for the period ended September 30, 2010; Adam Slazer, our prior President and sole officer (“Mr. Slazer”) and our pre-exchange shareholders are fully responsible for any unknown or undisclosed liabilities incurred prior to transfer of control under the exchange;

~~Exercise for~~(2) ~~Life Systems was incorporated~~ in ~~New~~the ~~Jersey~~event inthat ~~1996~~there ascomes ~~A.J.~~to ~~Glaser,~~exist ~~Inc.~~any ~~and later~~expenses ~~incorporated~~concerning inany ~~North~~known ~~Carolina~~or inunknown ~~2006 also as A.J. Glaser~~lawsuit, ~~Inc. In~~ ~~2008,~~legal ~~A.J.~~dispute ~~Glaser,~~or ~~Inc.~~any ~~amended~~correlation ~~its~~expense ~~North~~caused ~~Carolina~~by ~~Articles of~~the ~~Incorporation~~pre-exchange toCompany ~~change~~and its ~~name to Exercise for Life Systems~~shareholders, ~~Inc~~ Mr. In ~~September~~Slazer ofand ~~2008~~the ~~we entered into a plan of~~ pre-exchange ~~with A.J.~~shareholders ~~Glaser,~~shall ~~Inc.~~undertake ~~whereby~~full weresponsibility ~~exchanged~~and ~~100~~afford ~~shares of our common stock for all of~~ the ~~issued~~correlation ~~and~~expenses ~~outstanding~~after ~~shares of A.J. Glaser, Inc. We entered into this transaction in order to re-domicile our company in North Carolina where~~ the ~~majority of our business is conducted.~~closing;

~~The Company~~(3) ~~currently~~stock ~~operates~~certificates arepresenting ~~full-service~~9,884,730 ~~personal~~shares ~~fitness~~of ~~training~~our ~~center~~common ~~in Cornelius,~~stock ~~North~~(representing ~~Carolina. Exercise~~approximately ~~for~~85% ~~Life~~of ~~Systems’~~our ~~product~~outstanding ~~and service~~stock ~~offerings~~prior ~~seek~~ to ~~help~~the ~~its~~consummation ~~clients~~of ~~and~~the ~~prospective~~exchange) ~~clients~~owned ~~achieve~~by ~~their health~~Adam ~~and~~Slazer ~~wellness~~are ~~goals~~being ~~while~~delivered ~~increasing~~for ~~its revenue~~cancellation, ~~earnings,~~in ~~cash~~consideration ~~flow~~for ~~and profitability.~~which ~~The~~Jeremy ~~Company’s~~Ostrowski, ~~primary~~one ~~focus~~of isthe toMMV ~~improve~~shareholders, ~~operating~~is ~~margins~~providing ~~and cash~~a ~~flows~~$75,000 ~~from~~promissory note; the ~~Company’s~~promissory ~~existing~~note ~~profit~~will ~~center~~not ofbear ~~personal fitness training~~interest, aswill ~~well~~be asdue ~~provide~~on ~~value~~August ~~added~~9, ~~health~~2011, and ~~fitness~~will ~~services~~be ~~and~~collateralized ~~to continue~~by ~~helping~~375,000 ~~clients~~shares ~~achieve~~of ~~their~~our ~~health~~common ~~and~~stock ~~wellness~~owned ~~goals. Exercise~~the ~~for~~two ~~Life Systems,~~of ~~Inc.~~our ispre-exchange ~~headquartered in Cornelius, North Carolina.~~shareholders;

~~When it~~As ~~comes~~required toby the ~~public’s~~exchange ~~increasing awareness of the need for exercise~~agreement, ~~weight control, good nutrition, and a healthy lifestyle, we believe that through more targeted sales and marketing efforts of~~ our ~~service~~directors ~~offerings,~~prior weto ~~can capitalize on~~ the ~~opportunities~~exchange inhave ~~our~~resigned ~~markets, including the aging of America~~ and ~~generally~~ ~~higher~~five ~~awareness~~persons ~~levels~~identified ofherein ~~fitness. Beginning in 2006, we changed our~~were ~~focus~~appointed ~~and~~ our ~~business plan by focusing on improving operating margins and cash flows from our existing profit center of personal fitness training~~directors. We In ~~first~~addition, ~~focused~~Adam ~~on operating efficiencies~~Slazer, ~~enrolling~~has ~~more new~~resigned ~~clients~~as ~~by expanding~~ our ~~service~~President ~~offerings~~and tosole ~~include~~officer ~~discounted~~and ~~services~~Jeremy ~~if a~~Ostrowski ~~client purchases a bulk number of training sessions in advance. The~~has ~~Company~~been ~~will~~appointed ~~continue to evaluate strategic alternatives to enhance our liquidity and make necessary investments in our ongoing business~~ as ~~well as strive to nurture the best practices and talent of~~ our ~~partners~~President and ~~share~~sole ~~them broadly to create value for our customers, shareholders, partners and employees~~officer.

ByThe ~~operating~~share ~~our~~exchange ~~fitness~~is ~~center~~being inaccounted afor ~~major metropolitan area such~~ as ~~Charlotte, North~~an ~~Carolina,~~acquisition ~~Exercise~~ for ~~Life~~accounting ~~Systems is able to offer city-wide training services~~purposes, ~~providing~~as ~~more~~MMV ~~value~~is tonow ~~clients~~our ~~and~~wholly ~~differentiating~~owned ~~ourselves~~subsidiary. ~~from~~Consequently, ~~“mom~~the ~~and~~assets, ~~pop”~~liabilities ~~competitors~~and ~~while~~historical ~~achieving~~operations ~~operating~~of ~~efficiencies. Our target~~MMV ~~market~~will ~~includes,~~only ~~but~~be isreflected ~~not~~in ~~limited~~our ~~to,~~consolidated ~~18-~~financial tostatements ~~64-year olds. Our industry~~after ~~experience~~the ~~has~~completion ~~allowed~~of usthe toshare ~~identify~~exchange, ~~target~~as ~~markets that~~ will ~~be receptive to~~ our ~~proprietary~~operations ~~products~~since ~~and~~the ~~services~~closing ~~while~~of ~~allowing~~ the ~~quickest~~share ~~market penetration with as minimal competition as possible~~exchange.

~~Business~~As a result of ~~Issuer~~the exchange, we have adopted the business of MMV, which is the providing of multimedia kiosks throughout Canada.

~~Products~~Description ~~and~~of ~~Services~~Business

~~Our fitness operations provide a unique platform for the delivery of value~~Forward-~~added~~Looking services to our fitness, wellness and weight loss-conscious clients. By integrating personal training, nutrition advice, and our weight management program into our core fitness training operations, we have positioned ourselves as the total source for most of our clients’ wellness and fitness needs.Statements

~~Personal~~This ~~Training. We~~Annual ~~offer~~Report ~~fee-based~~on ~~personal~~Form ~~training~~10-K ~~services~~contains ~~with professionally~~forward-looking ~~certified personal trainers currently on staff~~statements. ~~Integrating personal~~To ~~training~~the ~~into~~extent ~~select~~that ~~programs~~any ~~has~~statements ~~helped~~made ~~fuel~~in ~~the~~this ~~growth~~report ~~of this~~contain ~~service.~~information ~~All~~that ~~new~~is ~~clients~~not ~~are~~historical, ~~also~~these ~~offered~~statements aare ~~free~~essentially ~~first~~forward-looking. ~~work~~Forward-~~out~~looking ~~with~~statements acan ~~personal~~be identified ~~trainer~~by asthe anuse ~~important~~of ~~first~~words ~~step~~such ~~toward~~as ~~fitness~~“expects”, at“plans”, ~~the~~“will”, ~~beginning~~“may,”, ~~of their~~“anticipates”, ~~training. Personal~~“believes”, ~~training~~“should”, ~~package~~“intends”, ~~services~~“estimates”, ~~are~~and ~~also~~other ~~offered~~words of similar meaning. ~~separately,~~These ~~giving~~statements ~~customers~~are asubject ~~full~~to ~~range~~risks ofand ~~personal~~uncertainties ~~training~~that ~~options~~cannot atbe ~~the point~~predicted ofor ~~sale~~quantified and, ~~beyond.~~consequently, Weactual ~~believe~~results may ~~that~~differ ~~further~~materially ~~penetration~~from ~~into~~those ~~the~~expressed ~~existing client~~or ~~base~~implied ~~along~~by ~~with~~such ~~new~~forward-looking ~~personal~~statements. ~~training~~Such ~~programs~~risks ~~will~~and ~~continue~~uncertainties ~~to provide~~include, ~~revenue~~without ~~growth~~limitation, ~~opportunities~~our inability ~~personal~~to ~~training.~~raise ~~Our~~additional ~~multi-client~~capital ~~personal training~~to ~~sessions~~finance ~~(small~~our ~~group~~activities; ~~personal~~the ~~training)~~effectiveness, ~~are~~profitability ~~more~~and ~~affordable~~marketability of ~~for~~ our ~~clients,~~ products; legal and onregulatory ~~average,~~risks ~~have~~associated awith ~~margin~~the ~~similar~~share toexchange; orthe ~~greater~~future ~~than~~trading ~~one-on-one training.~~of Weour ~~also~~common ~~offer~~stock; aour ~~maintenance~~ability to ~~program~~operate ~~after~~as a ~~client~~public ~~has~~company; ~~completed~~our ~~a personal~~ability ~~training~~to ~~package. This~~protect ~~allows~~our aproprietary ~~client~~information; ~~who~~general ~~may~~economic ~~have~~and ~~stopped~~business conditions; ~~training~~the ~~otherwise~~volatility toof ~~continue using~~ our ~~services. Maintenance clients~~operating ~~can~~results ~~come~~and infinancial ~~once~~condition; aour ~~week,~~ability ~~bi-weekly,~~to ~~monthly~~attract or ~~quarterly. These~~ ~~maintenance~~retain ~~clients~~qualified ~~continue~~senior tomanagement personnel ~~increase~~and ~~revenue~~research ~~by retaining~~and ~~personal~~development ~~trainer’s~~staff; ~~services~~and onother arisks ~~more~~detailed ~~limited~~from ~~basis. They are~~time ~~also~~to ~~still~~time ain ~~source~~our ~~for~~filings ~~referrals~~with inthe Securities and Exchange Commission (the ~~future~~“SEC”), or otherwise.

~~Supplements. We~~Information ~~sell~~regarding ~~certain~~market ~~supplements~~and ~~which~~industry ~~are~~statistics ~~scientifically-advanced~~contained ~~formulas~~in ~~designed~~this ~~to give~~report ~~the~~is ~~body~~included ~~the~~based ~~maximum~~on ~~benefit~~information ~~from~~available ~~vitamins~~to ~~and~~us ~~minerals.~~that ~~They~~we ~~are a~~believe ~~powerful~~is ~~combination of plant-derived bioflavonoid, known as oligomeric proanthocyanidins, or OPC's~~accurate. ~~Made~~It ~~from~~is agenerally ~~unique~~based ~~combination~~on ofindustry ~~grape seed, pine bark~~ and ~~red~~other ~~wine~~publications ~~extracts~~that ~~(in addition to bilberry and citrus extracts), these OPC's~~ are ~~super-effective~~not ~~free~~produced ~~radical~~for ~~neutralizers.* Our~~purposes ~~web~~of ~~site~~securities ~~for this~~offerings ~~product~~or iseconomic ~~located at http://drink2health~~analysis.~~isotonix.com. When~~ ~~one~~Forecasts ~~takes~~and aother ~~daily~~forward-looking ~~vitamin~~information orobtained ~~nutritional~~from ~~supplement~~these ~~tablet,~~sources ~~the~~are ~~body~~subject ~~must work hard for up~~ to ~~four~~the ~~hours~~same ~~to digest~~ qualifications and ~~absorb~~ the ~~vitamins~~additional ~~and~~uncertainties ~~minerals. During~~accompanying ~~that~~any ~~process,~~estimates ~~your~~of ~~body~~future ~~may~~market ~~not~~size, ~~absorb~~revenue ~~enough~~and ~~nutrients~~market toacceptance ~~gain~~of ~~the maximum~~products ~~benefit it needs to remain healthy~~and services. ~~Our~~We ~~supplements~~do ~~use~~not anundertake ~~isotonic formula~~any toobligation ~~speed nutrients~~ to ~~the~~publicly ~~body~~update ~~where~~any ~~they~~forward-looking ~~are needed most~~statements. AnAs ~~isotonic formula utilizes~~ a ~~powder formula~~result, ~~that,~~investors ~~when mixed with water, minimizes the~~should ~~amount~~not ofplace ~~digestion~~undue ~~needed~~reliance toon ~~deliver~~these ~~maximum~~forward-looking ~~benefit to your body~~statements. ~~Through this effective method, the supplements provide delivery and speed nutrients to the body.~~

*The Food and Drug Administration has not evaluated these statements. The product is not intended to diagnose, treat, cure, or prevent any disease.(3)

~~Nutrition~~Table and Weight Management Program. We offer a comprehensive nutrition and exercise program customized to an individual’s unique metabolism. This program combines meal plans, grocery lists, recipes, meal replacement bars and meal replacement shakes to offer a comprehensive weight management program to all Exercise for Life Systems, Inc. clients. Using computer-based or manual food logging methods, all participants in our weight loss solution can track their progress towards reaching their weight loss goals. This allows for the integration into a comprehensive lifestyle, health, nutrition and fitness program. The weight management program can be done individually or in a group setting. The length of the program is 12 weeks and then we offer a maintenance program for those who want to continue along their weight loss journey. All participants are weighed and measured every four weeks so we can monitor their improvement.Contents

~~Fitness~~Previous Assessments. We offer the Polar Body Age Assessment. This state of the art assessment allows clients to see their strengths and weaknesses compared to other people of their same age and sex. It includes weight, blood pressure, flexibility, strength, girth measurement, cardiovascular, risk factor and weight management assessments. The most unique part of the Polar Body Age system is that it takes the results of all the assessments and gives the client his or her body age compared to chronological age. All members who sign up for personal training are required to take the 20 page one hour assessment. Follow up assessments are required every 3 months or at the completion of the personal training program. This holds the client as well as the trainer responsible for meeting the client’s goals. We also offer partial assessments for those who only want to do certain aspects of the Polar Body Age System. Individual body fat, blood pressure and cardiovascular assessments are available.Business

3 Before we closed the transactions contemplated by the Plan of Exchange, we were a full-service operator of personal fitness training in and around the Lake Norman area of Charlotte, North Carolina. We operated from our training facility located at East Field Road, Suite 200-311 Huntersville, NC 28078. By operating our fitness center in a major metropolitan area such as Charlotte, North Carolina, we were able to offer city-wide training services, providing more value to clients and differentiating ourselves from “mom and pop” competitors while achieving operating efficiencies.

~~Our~~Current Business ~~Model~~

~~Exercise~~ Upon ~~for~~acquiring ~~Life~~MMV ~~Systems~~on ~~plans~~February to10, ~~generate~~2011 ~~income~~pursuant byto ~~integrating~~the ~~personal~~Plan ~~training, nutrition~~of ~~advice~~Exchange, ~~and~~we adopted the ~~weight~~business ~~management~~of ~~program~~MMV. ~~into~~We ~~its~~are ~~core~~now ~~fitness training~~a ~~operations~~leading ~~and by positioning itself as the total source for most of~~provider ~~its~~of ~~clients’~~multimedia ~~wellness~~kiosks ~~and~~throughout ~~fitness needs~~Canada. ~~Through~~ ~~its~~MMV ~~product~~operates ~~and service offerings,~~ the ~~Company~~only ~~will~~WiFi ~~increase~~enabled ~~its~~kiosk ~~revenues~~providing bymultimedia ~~offering~~content, aincluding ~~wide~~DVD’s, ~~array~~video ofgames ~~health~~ and ~~wellness~~music; ~~products~~both digitally and ~~services~~physically. toAs ~~clients~~ of ~~all ages. By~~July ~~offering~~2010, ~~personal~~MMV’s ~~service,~~DVD ~~Exercise~~kiosks ~~for~~were ~~Life~~in ~~Systems positions~~over ~~itself~~80 tolocations ~~help~~in ~~clients~~leading retailers, ~~successfully~~securing ~~achieve~~MMV ~~their~~as ~~goals~~the ~~and~~second ~~thus~~largest ~~help build~~provider ~~brand~~in ~~recognition~~Canada.

~~Strategy~~Market ~~and Implementation Summary~~Opportunity

~~We will~~ Multimedia ~~watch~~kiosks ~~our~~providing ~~results~~both ~~very~~digital ~~carefully.~~and ~~Believing~~physical ~~that~~content aare ~~business opportunity exists is important. However, we will not pursue~~ a ~~business~~rapidly ~~model~~growing ~~if we cannot afford to be in that business~~market. WeIn ~~will~~2007, ~~strategically~~the ~~focus~~market onleader ~~retaining existing and signing up new clients. Our business strategy is to quickly and aggressively pursue and expand~~ in ~~areas~~physical ofDVD ~~success and market dominance that~~kiosk ~~have~~rentals, ~~not already been successfully penetrated by other businesses~~RedBox, orsurpassed toBlockbuster ~~provide services~~for ~~and~~number ~~solutions~~of ~~not~~US ~~presently offered by our competitors~~locations.

~~Marketing~~ As traditional brick and ~~Sales~~mortar ~~Strategy~~video stores are shutting down due to alternative solutions and high fixed costs, even historic market leaders such as Blockbuster have begun to adapt, particularly through a recent partnerships with NCR as the provider of their own DVD kiosks. In 2009, DVD Kiosks represented 19% ($950 million) of all DVD rentals and is estimated to reach upwards of 30% ($1.3 billion) by 2010. It is predicted that the US market can support 60,000 DVD kiosks, which should be reached in 2014, and is expected to generate sales of $2 billion.

~~We devote~~The ~~substantial~~DVD ~~resources~~rental tobusiness ~~marketing~~continues ~~and promoting our fitness services. We believe strong marketing support is important~~ to ~~attracting~~be ~~new~~the ~~clients~~3rd atlargest ~~both existing~~source ~~and~~of ~~new~~movie ~~fitness~~revenue, ~~centers~~while asonline ~~well~~rentals as(ON-DEMAND, ~~promoting our various service offerings to both new and current clients~~etc.) Weonly ~~also believe that our sales and~~generate ~~marketing~~a ~~efforts~~small ~~compliment~~amount ~~other~~of ~~actions~~the ~~and programs to improve client retention~~total.

WeProduct advertise primarily through direct mail, newspapers, telephone directories, on-line advertising, and other promotional activities. Our advertising programs are local. Our marketing approach and organization, as well as our creative approach is developed to reach multiple customer segments in the 18- to 64-year old demographic.Overview

~~Our sales and marketing programs emphasize the benefits of health, physical fitness, nutrition and exercise by appealing to the public~~ MMV’s ~~desire to lose weight, look~~ ~~and~~DVD ~~feel~~kiosks ~~better,~~are behighly ~~healthier,~~portable ~~experience~~condensing anmore ~~improved~~than ~~quality~~700 ofsquare ~~life~~feet ~~and~~into ~~live longer.~~7 Wesquare ~~believe~~feet ~~providing~~containing ~~clients~~more athan ~~solution~~1000 totitles ~~their~~that ~~fitness and nutrition~~are ~~needs,~~managed ~~along~~by ~~with~~a ~~flexible~~highly ~~payment~~technical ~~plans~~backend ~~(clients~~content ~~can~~management ~~pay at the time services are rendered or may mail in their payment)~~system, ~~our~~including ~~strong brand identity and~~ the ~~convenience~~ offollowing ~~multiple locations, constitute additional competitive advantages.~~features:

~~Our~~Digital marketing efforts also include corporate and individual marketing programs. We sell corporate services directly to businesses, as well as directly to their employees through a combination of offsite sales activities and corporate events. Open houses and other activities for clients and their guests are used to foster client loyalty and introduce prospective clients to our fitness training center. Referral incentive programs are designed to involve current clients in the process of new enrollments and enhance client loyalty. Direct mail and email reminders encourage referrals and renewals of clients.downloading

~~We also~~ Utilizing ~~attract~~MMV’s ~~interest~~built ~~from~~in ~~visitors~~WiFi totechnology, ~~our~~customers ~~Internet~~can ~~homepage~~download ~~at http://www.drmikechandler.com/personaltraining.html~~digital ~~and~~content ~~continue~~from toany ~~explore~~MMV ~~ways to~~kiosk ~~use~~through ~~the Internet as~~ a ~~customer~~variety ~~relationship~~of ~~management~~devices ~~tool. Inquiries via~~including ~~the~~computer, ~~Internet~~iPad, ~~have~~iTouch, ~~become~~PDA andevice, ~~important~~USB, ~~source~~Digital ofhome ~~new~~boxes ~~clients.~~and ~~All~~any ~~Internet visitors~~device ~~are~~with ~~encouraged~~similar tocapabilities ~~download~~located awithin ~~free~~100 ~~trial visit, as well as set an~~yards ~~appointment~~of ~~for~~a ~~an initial visit~~kiosk.

~~Future~~24/7 ~~Fitness~~Central ~~Centers~~“Remote” ~~and~~Monitoring ~~Operations~~System

~~Site~~ Monitored ~~selection. Our~~remotely, ~~objective~~MMV ishas to24/7 ~~select~~insight ~~highly-visible~~into ~~locations~~its ~~with high traffic volume~~machines, ~~household~~including ~~density~~DVD inventory and ~~proximity~~rentals toby ~~other~~location ~~generators~~and ~~of retail~~technical ~~traffic~~issues. ~~Most~~MMV ofhas the ~~our~~ability ~~fitness~~to ~~centers~~fix ~~will~~most betechnical ~~located~~and ~~near~~customer-related ~~regional,~~issues ~~urban and~~remotely ~~suburban~~as ~~shopping~~well ~~areas~~as ~~and~~to ~~business~~manage ~~districts~~the inventory of ~~major~~individual ~~cities~~kiosks.

Fitness center model. Our current fitness center model offers those fitness services our clients use most frequently, such as well-equipped cardiovascular, strength and free weight training areas along with a wide variety of exercise classes. These centers typically are small so as to maintain economic efficiency while still getting a solid workout.(4)

~~Fitness~~Table ~~center operations. Our overall goal is to maximize our clients’ experiences by combining exercise instruction with nutrition guidance to assist our clients in achieving all~~ of their fitness and weight loss objectives. We believe the most effective way to retain clients is by successfully assisting them in reaching their fitness goals and experiencing a higher quality of life. Our ultimate goal is that they continue to exercise for the rest of their life. We strive to employ friendly, helpful and fitness informed personnel committed to providing a high level of customer service, creating an environment that meets the needs of our clients. We staff our fitness center with well-trained health, fitness and nutrition professionals. Onsite personal trainers are available to assist in the development of a customized training regimen. Our weight management programs and nutrition products are available at all of our domestic fitness centers and are becoming an increasingly important part of our total fitness offering. All personal trainers are required to have a four year degree in the fitness or physical education field.Contents

~~Fitness~~IP centers that we open in the future may vary in size, amenities and types of services provided. Our current fitness center contains a wide variety of progressive resistance, cardiovascular and conditioning exercise equipment, as well as free weights and stretch areas with small apparatus equipment. Some fitness centers in the future may contain amenities such as saunas, steam rooms, whirlpools and swimming pools, but there is no guarantee as this would be contingent upon raising capital in the future.Connected

~~Competition~~MMV DVD kiosks are connected via IP into a customer-accessible network such that customers can go online to view and rent/purchase items for all locations.

We operate in a fragmented but highly competitive market. Several of our competitors have access to capital which has fueled their expansion and growth, including entry into key markets served by us. In several cases, these competitors have a more favorable liquidity position than we do. Despite increasing levels of competition, at this time we are an efficient operator of our fitness training center in Cornelius, North Carolina in terms of clients, revenues and square footage of our facility. We primarily compete with other commercial fitness centers; physical fitness and recreational facilities established by local governments, hospitals, and businesses for their employees; the YMCA and similar organizations; and, to a certain extent, with racquet, tennis and other athletic clubs, weightPre-~~reduction businesses, and the home-use~~reserve fitness equipment industry. We also compete, to some degree, with entertainment and retail businesses for the discretionary income of consumers in our target markets. In addition, we face regional competition with increasingly large fitness companies such as 24 Hour Fitness Worldwide, Inc., L.A. Fitness, Inc., Town Sports International Holdings, Inc. (NSDQ: CLUB), Life Time Fitness, Inc. (NYSE: LTM) and Gold’s Gym International, Inc. Other competition comes from new small footprint, lower cost competitors such as Fitness 19, Anytime Fitness and Planet Fitness.titles

~~Competition~~Consumers ~~has~~have ~~increased in certain markets from competitors expanding their scope of operations, and due to~~ the ~~decrease~~ability ~~in the barriers~~ to ~~entry~~“pre-reserve” ~~into~~their ~~the~~favorite ~~market with~~titles ~~financing~~via ~~available from, among others, financial institutions, landlords, equipment manufacturers, private equity sources and~~ the ~~public~~MMV ~~capital markets~~website. We ~~believe~~Based ~~several~~on ~~competitive factors influence success in~~ the ~~fitness center business, including convenience, price,~~ customer’s ~~service~~location, ~~and quality of~~ ~~operations,~~they ~~quality~~are ~~and~~able ~~innovative programming as well as the ability~~ to ~~secure prime~~pick ~~real~~a ~~estate.~~specific Welocation ~~believe we benefit from our flexible~~ and ~~affordable~~reserve ~~client plans,~~their ~~and~~preferred ~~our~~title ~~diverse~~prior ~~client base, although we have been adversely affected by our lack of capital and the aging of our facility, which affects our ability~~ to ~~compete.~~ Wephysically ~~expect~~renting the ~~persisting increase in competition from well-financed competitors to continue to have an adverse effect on our business~~DVD.

WeMultiple ~~believe~~User ~~we compete favorably in the principal competitive factors in our market, which consist of the following:~~Interface

·In the ~~Knowledgeable~~event ~~physical~~multiple ~~trainers,~~users ·wish ~~Technologically~~to ~~advanced~~download ~~products~~digital ~~and~~content ~~services;~~from ~~and~~a ·single ~~Technical~~kiosk, ~~capability~~MMV’s ~~and~~broadband ~~management~~allows ~~experience~~up ~~and~~to ~~expertise~~6 concurrent users to download their titles.

Digital advertising

Newer versions of MMV’s DVD kiosks are equipped with an LCD monitor that is able to provide movie previews and paid advertisements.

Touch screen monitor

Customers are able to interact directly with the DVD kiosks via an easy to use touch screen monitor.

Multi-tied product offering

MMV offers two payment solutions to rentals: single unit rental and monthly subscription. Customers can either pay on a per/rental basis or can sign up for a monthly subscription allowing unlimited rentals (2 DVD’s at a time). Subscription revenue typically accounts for over 30% of MMV’s monthly revenues.

CHIP Pre-paid membership

MMV offers a pre-paid membership card, which may be used to receive gifts and discounts at all MMV DVD kiosk locations.

Private label

MMV allows large retailers to private label the MMV kiosk box with their own brand.

Competitive Edge

~~The~~MMV’s ~~competitive~~DVD ~~edge~~kiosks ofoffer ~~Exercise~~a ~~for~~variety ~~Life~~of ~~Systems,~~features ~~Inc.~~that isare ~~due~~not toavailable from the ~~following~~ current competition:

~~Knowledge.~~ Digital Through our strategic recruiting efforts at the nation’s best colleges that offer four year degrees, we strive to hire only the best and most qualified personal trainers and employees. All of our trainers are required to have a four year degree in a fitness or physical education curriculum. We do not experience a high turnover of personal trainers, and as a result, our trainers are experienced with and knowledgeable about our business, products and services.Downloads

~~Leading~~MMV has ~~Edge~~the ~~Technology.~~only ~~Our product~~WiFi-enabled ~~and~~DVD ~~service~~Kiosk ~~offerings~~currently ~~are~~in ~~equipped~~the market with ~~leading~~digital ~~edge technology~~download capabilities. By ~~offering~~With ~~scientifically~~download ~~advanced~~speeds ~~supplements,~~of 110MB ~~customized~~per ~~nutrition~~second, ~~and~~by ~~weight~~December ~~management~~2011 ~~programs~~MMV plans to offer over 100,000 titles (movies and ~~state~~music) ofthat ~~the~~may ~~art~~be downloaded digitally. Utilizing ~~fitness~~its ~~assessments~~remote content management system, weMMV ~~are~~allows ~~able~~users to ~~offer~~request ~~our~~specific ~~clients~~titles ~~what~~at ~~they~~specific ~~need~~kiosks locations to ~~achieve~~be downloaded. If a title is not currently available at a location, but is in the system, MMV can easily switch out titles enabling the customer to have access to their ~~desired~~preferred ~~goals~~content. Upon a digital rental of a title, depending on the terms, the title will be removed from the device after an allotted amount of time.

~~People.~~No ~~We have a history in~~competitor ~~working~~offers ~~with~~any ~~people~~digital ~~and~~download ~~helping them achieve their goals~~capabilities. By hiring our personal training managers from within the Company, our center is run by professional managers who are familiar with our business, products and services and who have also built a rapport with our existing clients.

4Video Games

MMV operates the only kiosks to offer both DVD movies and video games in all of their kiosk locations. To date, video games have a higher margin than DVD’s and have been a strong revenue producer in several locations.

Subscription Mode

MMV is the only DVD kiosk provider to offer two rental models; single unit rentals or a monthly subscription. Customers have the ability use either a single unit rental or can sign up for a monthly subscription allowing unlimited rentals (2 DVD’s at a time).

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Competition

MMV’s business faces competition from many other providers of movie content, from traditional stores, such as Blockbuster and Hollywood Video, to other self-service kiosks, such as Blockbuster Express, to online or postal providers, such as Netflix, to other movie distribution rental channels, such as pay-per-view, video-on-demand, online streaming, premium television, basic cable, and network and syndicated television, many of whom may be more experienced in the business or have more resources than we do or otherwise compete with us in this segment of our business as described above.

The following table provides a comparison of the features provided by MMV and its two major competitors in the providing of self-service kiosks, RedBox and NCR.

*Estimates

Coinstar Inc. is a multi-national company offering a range of 4th Wall® solutions for retailers’ storefronts. RedBox, through its parent company Coinstar ,operates the largest DVD kiosks network, with over 20,000 locations and 2009 revenues in excess of $700 million.

NCR Corporation is a global technology company that provides innovative products and services to help businesses build stronger relationships with its customers. Focused particularly in automatic teller machines and self-service kiosks, NCR has recently purchased several smaller DVD kiosk providers (TNR and DVD Play) and has a partnership with Blockbuster to be the kiosk provider for Blockbuster Express.

There are a variety of small regional multimedia kiosk companies in operation, but due to the intense capital requirements and inability to obtain top tier locations, these companies are often not viewed as significant long-term competitors.

Revenue Model

MMV purchases and places a corporate-owned DVD kiosk in a retail location subject to a revenue share agreement (90/10) with the site-owner. MMV is responsible for operating and maintaining the kiosks.

A typical contract for a corporate kiosk provides for an initial 12-month term. After the initial term, MMV has the sole right to extend the term up to 2 to 3 additional years, with automatic renewals. MMV has the right to remove any unit at its sole discretion, including but not limited to unprofitability of the location or due to technical issues.

MMV also developed a franchise model for DVD kiosks. Litigation presently is pending with certain franchisees as described under “Description of Business – Legal Proceedings.” Pending the resolution of such litigation, MMV has suspended its franchise model.

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Pipeline

MMV has a pipeline of potential kiosk locations estimated at over 3,000. Several include:

Husky Energy

MMV has a signed contract to provide over 350 DVD kiosks to Husky Oil locations in Alberta, British Columbia, Manitoba and Saskatchewan.

Ash Payment Systems

MMV has entered into a joint venture with Ash Payment Systems (“APS”) to provide MMV’s DVD kiosks on an exclusive basis in at least 500 locations in the Eastern Canada provinces. APS is a leader in the payments industry specializing in payment hardware, payment processing services, self-service retail platforms and technical support services. APS will use its relationships in the territory and deploy and train staff and manage inventory and payments using the same kiosks used by us in Western Canada. APS partners include Pizza Hut Canada, Gino’s Pizza, VIRGIN Mobile, Petro-Canada, Domino’s Pizza. The agreement is for five years subject to annual renewals thereafter. Gross profits are divided equally between MMV and ASP.

iMOZI Canada Inc.

MMV has entered into exclusive purchase agreements, dated June 15, 2010 and October 8, 2010, with iMOZI Canada Inc. pursuant to which it will purchase goods and equipment, including 500 indoor and outdoor vending kiosks and related software to operate the kiosks. MMV provides the Internet access for the kiosks. The agreement is in effect until MMV has purchased 500 units.

Intellectual Property

We have not filed for any protection of our name or trademark. As a distribution company we do not directly own any of the intellectual property rights attached to any of the products we distribute.

Research and Development

We did not incur any research and development expenses from our inception to December 31, 2010.

Reports to Security Holders

We are subject to the reporting and other requirements of the Securities Exchange Act and we intend to furnish our shareholders with annual reports containing financial statements audited by our independent auditors and to make available quarterly reports containing unaudited financial statements for each of the first three quarters of each year.

The public may read and copy any materials that we file with the SEC at the SEC's Public Reference Room at 100 F Street, NE, Washington, D.C. 20549. The public may obtain information on the operation of the Public Reference Room by calling the SEC at 1-800-SEC-0330. The SEC maintains an Internet site that contains reports, proxy and information statements, and other information regarding issuers that file electronically with the SEC. The address of that site is www.sec.gov.

Seasonality

MMV’s business generally experiences lower revenue in the spring due in part to improved weather and Daylight Savings Time, and in September and October, due in part to the beginning of the school year and the introduction of the new television season. The year-end and summer holiday months have historically been the highest revenue months for kiosk services.

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ITEM 1A. RISK FACTORS

Our Inbusiness ~~addition~~and toan ~~the~~investment ~~other information~~in ~~set~~our ~~forth~~securities inare ~~this~~subject ~~report,~~to ~~you~~a ~~should~~variety ~~carefully~~of ~~consider~~risks. ~~the~~ The following risk factors describe the most significant events, ~~which~~facts or circumstances that could ~~materially~~have ~~affect~~a material adverse effect upon our business, financial condition, orresults ~~future~~of ~~results~~operations, ability to implement our business plan and the market price for our securities. Many of these events are outside of our control. The risks described below are not the only ~~risks~~ ones facing usour company. Additional risks ~~and uncertainties~~ not ~~currently~~presently known to us or that we consider immaterial based on information currently ~~deems~~available to beus ~~immaterial~~may also ~~may~~ materially adversely affect ~~our~~us. If any of the events anticipated by the risks described herein occur, our business, cash flow, results of operations and financial condition could be materially adversely affected. In such case, the trading price of our common stock could decline and investors in our common stock could lose all or ~~results~~part of ~~operations~~their investment.

Risks Werelating ~~have experienced relatively slow growth~~ to ~~this date and without significant increases in the market penetration of~~ our ~~services and improvements to our operating margins we will not achieve profitability.~~Business

WeOur ~~anticipate~~new ~~that~~business wehas ~~could~~a ~~incur~~limited ~~significant~~operating ~~losses~~history ~~for~~which atmakes ~~least~~it ~~the short-term. We~~difficult ~~will not achieve profitable operations until we complete our offering and successfully attract and retain a significant number of clients~~ to, ~~and~~evaluate ~~users of,~~ our ~~services~~future ~~and~~prospects ~~customers for our other services~~ and ~~generate~~your ~~revenues from these sources that are sufficient to offset the substantial up-front expenditures and operating costs associated with developing and commercializing our services~~investment. ~~We may never be able to accomplish these objectives.~~

ItMMV iswas ~~likely~~organized ~~that~~as wean ~~will~~Alberta, ~~require~~Canada ~~significant~~corporation ~~additional~~on ~~financing~~February ~~within~~8, ~~the~~2007 ~~next 12 months~~ and ifhas wea ~~are~~limited ~~unable~~operating tohistory. ~~raise~~No ~~the~~assurances ~~needed~~can ~~funds~~be given onthat ~~an acceptable basis,~~ we ~~may~~will be ~~forced~~able to ~~cease~~successfully ~~operations~~maintain and develop our business or meet our business objectives.

Our ~~current~~operating ~~business~~expenses ~~plan~~will ~~calls for raising a significant amount of additional funds within the next 12 months. Under the plan, these new funds would~~ be ~~utilized~~ ~~primarily~~high ~~for increased advertising~~ and tothere ~~expand~~can ~~the~~be ~~Company’s infrastructure~~no ~~through~~assurances ~~hiring key employees. We believe~~ that ~~this future financing is crucial to our ability to grow and develop our business. If~~ we ~~are~~will ~~unsuccessful~~achieve inor ~~our~~maintain ~~ability to raise additional funds on acceptable terms when required, our business may wither and die~~profitability.

ItWe will behave ~~difficult~~significant ~~for~~capital ~~you~~and operating expenses and significant losses and expects such losses to ~~evaluate~~continue usas ~~based~~we ongrow our business. ~~past~~Prior ~~performance~~to ~~because~~earning revenue from our principal business, we must expand our product offerings and increase our sales. No assurances can be given that we ~~have~~will ~~only~~succeed in those efforts. However, if such tasks are achieved, we still will need to develop revenue channels to achieve and sustain profitability. It is possible that we may never achieve sustained profitability and, even if we do, we may not sustain or increase profitability on a ~~limited~~quarterly ~~operating~~or ~~history~~an annual basis in the future. If we are not successful in becoming profitable, we may be forced to curtail or cease operations.

~~We have~~In ~~been~~order ~~engaged~~to inmeet ~~personal~~our ~~training services for a relatively~~ short-term ~~period of time. Accordingly, we have only limited financial results on which you can evaluate us~~ and ~~our~~long-term ~~operations. Accordingly, we should be viewed as essentially a new~~ business ~~and therefore~~goals, we ~~are~~will ~~subject~~likely ~~to,~~need ~~and~~additional ~~may not be successful in addressing, the risks typically encountered by new enterprises and companies operating in the rapidly evolving marketplace, including those risks relating to:~~funding.

oIt is likely that we will have insufficient capital to fund the ~~failure~~growth of our business and will require additional financing to ~~develop~~meet our ~~brand~~business ~~name~~objectives. ~~recognition~~We can provide no assurances that we will obtain such additional funding on terms favorable to us. The overall development costs for maintaining the long-term viability of we are substantially in excess of this offering. This Company may partner with other entities and ~~reputation;~~employ alternative financing structures.

oWe operates ~~the~~in ~~failure~~a tohighly ~~achieve~~competitive market ~~acceptance~~and ofmay ~~our~~encounter ~~services;~~competitors having greater resources and experience.

oThere can abe ~~slow~~no ~~down~~assurances that other competitors will not develop products or services that are superior to ours. There are numerous large and small competitors in ~~the~~our ~~growth~~exact ofmarket ~~general~~space. If ~~consumer~~we ~~acceptance~~cannot successfully compete against these companies, our business, results of ~~personal~~operations ~~training;~~and financial condition are likely to be materially and adversely affected.

oDefects, failures anor ~~inability~~security tobreaches ~~grow~~in and ~~adapt~~inadequate ~~our~~upgrade ~~business~~of ~~and~~or ~~technology~~changes to ~~evolving~~our ~~consumer~~operating ~~demand~~systems could harm our business.

WeThe operation of the kiosks and equipment relating to our business depends on sophisticated software, hardware, computer networking and communication services that may ~~not~~contain undetected errors or may be ~~able~~subject to ~~successfully~~failures ~~compete~~or incomplications. ~~our~~These ~~markets~~errors, ~~which~~failures or complications may arise particularly when new, changed or enhanced products or services are ~~characterized~~added. In the past, there have bybeen ~~intense~~limited ~~competition~~delays and ~~the~~disruptions ~~presence~~resulting from upgrading or improving these operating systems. Future upgrades, improvements or changes that may be necessary to expand and maintain our business could result in delays or disruptions or may not be timely or appropriately made, any of ~~large~~which ~~competitors~~could seriously harm our operations.

~~Given our~~Certain ~~relatively~~aspects ~~limited~~of ~~resources,~~the weoperating ~~may~~systems ~~not~~relating ~~be able~~ to ~~effectively compete in~~ our ~~target~~ ~~markets. These~~business ~~markets~~ are ~~characterized~~outsourced byto ~~intense competition~~third-party ~~and~~providers. ~~increasing~~Accordingly, ~~numbers~~the ~~of new market entrants who have developed or~~effectiveness ~~are developing potentially competitive services. Most~~ of ~~our competitors~~these ~~have significantly greater financial and~~ operating ~~resources compared~~systems tois ~~us. Our ability~~ to ~~compete~~a ~~will~~certain bedegree dependent on ~~our~~the ~~ability~~actions ~~to enhance~~ and ~~upgrade~~decisions ~~our~~of ~~services~~third-party providers.

~~Our limited resources may restrict our ability to manage any growth we may experience.~~(8)

~~Growth~~Table of ~~our~~ business will likely place a significant strain on our management systems and resources and may require us to implement new operating systems, procedures and controls. Our failure to manage our growth and expansion could adversely affect our business, results of operations and financial condition. Failure to implement new systems effectively or within a reasonable period of time could adversely affect our business, results of operations and financial condition.Contents

IfWe wedepend ~~lose~~upon ~~any~~third-party ofmanufacturers, ~~our~~suppliers ~~key~~and ~~personnel~~service orproviders ~~fail~~for tokey ~~hire~~components and ~~retain~~substantial ~~other~~support ~~talented employees,~~for our ~~operations~~kiosks and ~~could be harmed~~equipment.

~~Our~~We ~~success~~conduct islimited ~~dependent,~~manufacturing inoperations ~~part,~~and depend on ~~the~~outside ~~personal~~parties ~~efforts~~to ofmanufacture ~~Adam~~key ~~Slazer,~~components of our ~~President,~~ kiosks and ~~other~~equipment. We ~~key~~intend ~~personnel~~to ~~that~~continue weto ~~hope~~expand toour ~~hire~~installed ~~after~~base ~~this Offering. Although,~~of wemachines ~~plan~~and toequipment. ~~obtain~~Such ~~"key-man"~~expansion ~~insurance~~may onbe ~~his~~limited ~~life in~~by the ~~amount~~manufacturing capacity of ~~$1,000,000,~~our ~~the~~third-party ~~loss~~manufacturers ofand Mrsuppliers. ~~Slazer's~~Third-party ~~services~~manufacturers ~~could~~may ~~have~~not ~~a material~~be ~~adverse~~able ~~effect~~to onmeet our ~~business~~manufacturing ~~and prospects. Our success is also~~needs ~~dependent~~in ~~upon~~a ~~our~~satisfactory ~~ability to hire~~ and ~~retain~~timely ~~additional~~manner. ~~qualified~~If ~~management, marketing,~~there ~~technical,~~is ~~financial,~~an ~~and~~unanticipated ~~other~~increase ~~personnel.~~in ~~Competition~~demand for ~~qualified personnel~~kiosks, ~~is intense and~~ we may ~~not~~ be ~~able~~unable to ~~hire~~meet ~~or retain additional~~such ~~qualified~~demand ~~personnel.~~due ~~Any inability~~ to ~~attract~~manufacturing ~~and retain qualified management and other personnel would have a material adverse effect on our business and operations~~constraints.

WeSome ~~may~~key ~~not~~hardware components used in the kiosks are obtained from a limited number of suppliers. We may be ~~able~~unable to ~~attract~~continue ~~and~~to ~~retain~~obtain an adequate supply of these components in a timely manner or, if necessary, from alternative sources. If we are unable to obtain sufficient ~~number~~quantities of ~~clients~~components or to ~~maintain~~locate alternative sources of supply on a timely basis, we may experience delays in installing or ~~expand~~maintaining ~~the~~our kiosks, which could seriously harm our business, financial condition and results of operations.

~~During~~We ~~each~~must ofattract ~~the last two fiscal years, our number of clients declined. The profitability of our fitness operations is dependent, in large part, on our ability to originate~~ and retain ~~clients. Numerous~~qualified ~~factors~~personnel ~~have affected our client origination and retention at our fitness centers and that could lead~~ to abe ~~further decline in client origination and retention rates in the future~~successful, ~~including the inability of us to deliver quality service at a competitive cost, the presence of direct~~ and ~~indirect~~ competition infor ~~the~~qualified ~~areas we~~personnel ~~are~~is ~~located~~intense ~~and the public’s level of interest~~ in ~~fitness~~our ~~and general economic conditions~~market.

Our success will depend to a significant extent upon the contributions of our key management and business development personnel. We ~~may~~must ~~not~~attract beand ~~able~~retain highly talented and seasoned individuals to ~~continue~~lead our business. Our success will depend on our ability to ~~compete~~identify, ~~effectively~~attract and retain qualified design, sales, marketing, business development and finance personnel. The competition in ~~the~~our ~~future~~industry makes it difficult to retain key personnel and to recruit new qualified personnel. If we do not succeed in hiring and retaining candidates with appropriate qualifications, our revenues and product development efforts could be harmed.

We ~~expect~~ the persisting increase in competition to continue to have an adverse effect on our business, liquidity, financial condition and results of operations. In addition, the constraints on our liquidity have limited our ability to invest our operating cash flow in improvements to our fitness centers and address the aging of our facilities, which may ~~affect~~not ~~our ability~~be toable ~~compete. Public perception of our declining liquidity, financial condition and results of operations, in particular with regard~~ to ~~our potential~~adequately ~~failure~~protect ~~to meet~~ our ~~debt~~intellectual ~~obligations, may result in additional decreases in cash client revenues (particularly those associated with longer term client contracts) and increases in client attrition~~property. In addition, if liquidity problems persist, our suppliers could refuse to provide key products and services in the future. Continuing liquidity concerns could also negatively affect our relationship with employees by decreasing productivity and increasing turnover.

~~Competitors~~Our ~~could~~intellectual ~~copy~~property is and will continue to be one of our ~~business~~most ~~model~~important assets and ~~erode~~we expect to utilize significant resources to protect it. Our ability to compete effectively will depend substantially on our ~~market~~efforts ~~share~~in developing and maintaining proprietary aspects of our intellectual property. Moreover, ~~brand~~there ~~recognition~~can be no assurances that any future patents, copyrights or trademarks that may be issued as a result of our applications will offer any degree of protection to our products against competitive products. Our technology may infringe on intellectual property owned by competitors. There can be no assurances that competitors, many of whom have substantial resources, will not seek to apply for and obtain patents, trademarks, or copyrights that will prevent, limit, ~~profitability~~or interfere with our ability to make, use, or sell its products. In addition, if we cannot protect our domain names, our ability to successfully brand our name and our products and services will be impaired.

We ~~cannot~~ assure you that our competitors will not attempt to copy our business model, or portions thereof, and that this will not erode our market share and brand recognition and impair our growth rate and profitability. In response to any such competitors, we may be ~~required~~adversely toaffected ~~decrease~~by ~~our~~currency ~~membership fees, which may reduce our operating margins and profitability~~fluctuations.

WeOur ~~have~~operating ~~significant~~results ~~operations~~and ~~concentrated~~cash flow are affected by changes in athe ~~certain~~Canadian ~~geographic~~dollar ~~area,~~exchange ~~and~~rate ~~any disruption~~relative into the ~~operations~~currencies of ~~our~~other countries. ~~center~~Exchange inrate ~~this~~movements ~~area~~can ~~could~~have ~~harm~~a significant impact on results as a significant portion of our operating costs are ~~results~~incurred in Canadian and other currencies and a significant portion of our revenues may be earned in U.S. dollars.

Any prolonged disruption in the operations of our center, whether due to technical difficulties, power failures or destruction or damage to the center as a result of a natural disaster, fire or any other reason, could harm our operating results. In addition, our concentration in this market increases our exposure to adverse developments related to competition, as well as economic and demographic changes in these areas.(9)

~~We could~~Table beof ~~subject to claims related to health or safety risks at our center.~~Contents

~~Use of~~Risks ~~our~~Related ~~center poses potential health or safety risks~~ to ~~members~~the orMarket ~~guests through exertion and use of our equipment, facilities and services. We cannot assure you that claims will not be asserted against us~~ for ~~injury or death suffered by someone using~~ our ~~facilities or services.~~Securities

~~Certain~~Sales ~~shareholders~~of ~~control a~~ substantial ~~portion~~amounts of our ~~outstanding~~ common stock in the open market could depress our stock price.

~~Our~~If ~~executive~~substantial ~~officers,~~amounts ~~directors~~of ~~and~~our ~~principal~~common ~~shareholders~~stock ~~own~~are asold ~~significant portion~~in of the ~~outstanding~~public ~~shares~~market offollowing ~~our~~the ~~common~~exchange ~~stock. Specifically~~transaction, ~~Adam~~ ~~Slazer,~~the ~~our~~market ~~President,~~price ~~owns 10,000,000 shares~~ of our common stock. ~~In addition,~~may ~~additional~~decrease ~~shares~~substantially. ~~and/or~~These ~~options~~sales ~~may~~might bealso ~~issued~~make toit ~~our~~more ~~other~~difficult ~~officers, directors~~for ~~and~~us ~~employees. Accordingly,~~to ~~these~~sell ~~persons,~~equity ~~acting~~or ~~together,~~equity-related ~~will~~securities beat ~~able~~a totime ~~influence~~and ~~the~~price ~~election~~that ofwe ~~our~~otherwise ~~directors~~would ~~and~~deem ~~thereby influence or direct our policies~~appropriate.

NoOur ~~dividends~~stock ~~have~~price ~~been~~may ~~paid~~fluctuate ~~on our common stock~~substantially.

ToThe ~~date,~~market weprice ~~have~~for ~~not paid any cash dividends on~~ our common stock ~~and~~may webe doaffected ~~not~~by ~~expect~~a ~~to declare~~number orof ~~pay dividends on the common stock in the foreseeable future. In addition~~factors, ~~the~~including ~~payment~~those ofdescribed ~~cash~~above ~~dividends~~and ~~may be limited or prohibited by~~ the ~~terms~~ ~~of any future loan agreements.~~following:

~~The Company~~• ~~does~~the ~~not~~announcement ~~have~~of anew ~~prior~~products ~~public~~and ~~market,~~services or product and ~~there~~service ~~can~~enhancements beby nous ~~assurance~~or ~~that an~~our ~~active~~competitors; ~~trading~~• ~~market~~actual ~~will~~or ~~exist~~anticipated quarterly variations in our ~~Stock~~results ~~after~~of ~~the Offering.~~operations or those of its competitors;

~~Prior~~• ~~to the~~changes ~~Offering, there has been no public market for the Common Stock, and there can be no assurance that an active trading market~~ in ~~the~~earnings ~~Common~~estimates ~~Stock will develop after the Offering~~ or berecommendations ~~sustained. The~~by ~~initial~~securities ~~public offering~~analysts ~~price~~that may ~~not~~follow beour ~~indicative~~stock; of• ~~the~~developments ~~market price for the Common Stock after the Offering. The liquidity of and the market price for the Common Stock can be expected to vary with changes~~ in ~~market~~our ~~and~~industry; ~~economic conditions, the financial condition~~ and prospects of the Company and other factors that generally influence the market prices of securities. Such fluctuations may significantly affect liquidity and market prices independent of the financial performance of and prospects for the Company.

~~SHOULD~~• ~~ONE~~general ORmarket ~~MORE~~conditions OFand ~~THE~~other ~~FOREGOING RISKS OR UNCERTAINTIES MATERIALIZE~~factors, ORincluding ~~SHOULD~~factors ~~THE~~unrelated ~~UNDERLYING~~to ~~ASSUMPTIONS~~our ~~PROVE INCORRECT,~~operating ~~ACTUAL~~performance ~~RESULTS~~or ~~MAY~~the ~~DIFFER~~operating ~~SIGNIFICANTLY~~performance ~~FROM~~of ~~THOSE~~our ~~ANTICIPATED, BELIEVED, ESTIMATED, EXPECTED, INTENDED OR PLANNED~~competitors.

5 In addition, the stock market in general has experienced extreme price and volume fluctuations that have often been unrelated or disproportionate to the operating performance of particular companies. Broad market and industry trends may also materially and adversely affect the market price of our common stock, regardless of our actual operating performance. Volatility in the market price and trading volume of our common stock may prevent our stockholders from selling their shares profitably. In the past, following periods of volatility in the market price of a company’s securities, securities class-action litigation has often been initiated against that company. Class-action litigation could result in substantial costs and a diversion of management’s attention and resources.

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Table of Contents

ITEM 1B. UNRESOLVED STAFF COMMENTS

None.

ITEM 2. PROPERTIES

~~Our~~We ~~corporate~~currently ~~headquarters~~rent ~~are~~8,181 ~~located~~square atfeet ~~East~~of ~~Field~~commercial ~~Road~~space in Cochrane, ~~Suite 200-311 Huntersville~~Canada, ~~NC 28078. The~~for ~~Company~~which ~~has~~we ~~an oral~~pay ~~contract~~$63,000 toper ~~lease the premises with its President~~year. The ~~lease is~~facilities ~~gratuitous~~are ~~and~~adequate ~~consists~~for ofour ~~approximately 100 square feet of office space~~use. The ~~effects~~lease ofexpires ~~the~~on ~~fair~~January ~~value~~1, ~~of rent of its headquarters that is provided by a related party are immaterial to the financial statements taken as a whole~~2014.

ITEM 3. LEGAL PROCEEDINGS

We may ~~are~~occasionally ~~not~~become ~~aware~~involved ofin ~~any~~various ~~pending~~lawsuits ~~or threatened~~and legal proceedings, arising in ~~which~~the weordinary ~~are~~course ~~involved~~of business. InHowever, litigation ~~addition~~is subject to inherent uncertainties and an adverse result in these or other matters may arise from time to time that may have an adverse affect on our business, wefinancial conditions or operating results. We currently are not aware of any ~~pending~~such legal proceedings or ~~threatened~~claims ~~legal~~that ~~proceedings~~will have, individually or in ~~which~~the ~~entities affiliated~~aggregate, ~~with~~a material adverse affect on our ~~officers~~business, ~~directors~~financial condition or ~~beneficial~~operating ~~owners~~results ~~are involved.~~except as follows:

On May 5, 2010, MMV had a claim filed against them from a franchisee. The claim named MMV as a defendant and the franchisee as a plaintiff. The plaintiff is seeking a rescission of the franchise agreement and a refund of franchise funds paid in the amount of $325,000 paid, together with a claim for additional damages of $500,000. There has been a judgment registered with Canada’s Queens Bench in the amount of $325,000. MMV’s management estimates that they can settle the claim in the amount of $325,000 and have recorded a contingency loss in expectation of this settlement.

On May 11, 2010, MMV commenced a lawsuit against former sales agents of MMV due to the fact that the defendants started a competing business contrary to a contract which is alleged they entered into with MMV. The amount of the lawsuit is yet to be determinable regarding the settlement amount of the lawsuit as of the date of these financial statements.

On May 13, 2010, MMV had a civil claim filed against them from a franchisee for alleged additional net profits owed to them during the time that MMV operated video kiosks in its stores. The claim named MMV as the defendant and the franchisee as the plaintiff. The claim amount is for $25,000. MMV’s management estimates that they can settle the civil claim for the amount of $25,000 and have recorded a contingency loss in expectation of this settlement.

On August 18, 2010, MMV had a Statement of Claim filed against them from multiple franchisees alleging that MMV sold a franchise to them and that MMV breached the requirements of the Franchises Act of Alberta, Canada. The claim named MMV as a defendant and the multiple franchisees as a plaintiff. The plaintiffs are also seeking rescission of the franchise purchase contracts together with a refund of their monies, or alternatively damages for loss of profits aggregating $2,100,000. The plaintiffs further claim alternatively that there was a fraudulent misrepresentation made by MMV and claim damages in the amount of approximately $5,700,000. MMV’s management estimates that they can settle the claims for the amount of $2,100,000 and have recorded a contingency loss in expectation of this settlement.

On September 7, 2010, MMV had a Statement of Claim filed against them from a franchisee. The claim named MMV as a defendant and the franchisees as the plaintiff. The claim alleges that MMV breached the franchise contract and a breach of the Franchises Act of Alberta, Canada whereby the plaintiff claims recession of the Franchise Agreement and recovery of net losses in the amount of $55,000. There was a judgment filed with Canada’s Queen’s Bench on December 3, 2010 for no specified amount. The judgment gave the plaintiffs claim against the owner’s personal residence. The plaintiffs have informed the owner that they would consider settlement for MMV’s public shares and discharge the judgment filed. MMV’s management estimates that they can settle the claim in the amount of $55,000 and have recorded a contingency loss in expectation of this settlement.

On September 29, 2010, there was a Statement of Claim filed against MMV from franchisees. The claim named MMV as a defendant and the franchisees as a plaintiff. The claim alleges that MMV breached the Franchises Act of Alberta, Canada. The plaintiffs are claiming $250,000 in damages and lost profits. The plaintiffs have indicated to MMV and council that they would settle for MMV’s public shares in exchange of settlement of lawsuits. MMV filed a Statement of Defense on December 17, 2010. MMV’s management estimates that they can settle the claim in the amount of $250,000 and have recorded a contingency loss in expectation of this settlement.

On October 18, 2010, there was a Statement of Claim filed against MMV. The claim named MMV as a defendant and a former equipment leasing vendor as a plaintiff. The plaintiff claimed that MMV breached a lease equipment contract. MMV’s management estimates that they can settle the claim in the amount of $17,000 and have recorded a contingency loss in expectation of the settlement.

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ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

None.

PART II

ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

Trading Market for Common Equity

Our common stock is quoted on the Electronic Bulletin Board under the symbol, EFLS.OB. Trading in the common stock in the over-the-counter market has been limited and sporadic and the quotations set forth below are not necessarily indicative of actual market conditions. Further, these prices reflect inter-dealer prices without retail mark-up, mark-down, or commission, and may not necessarily reflect actual transactions. The following tables set forth the high and low sale prices for our common stock as reported on the Electronic Bulletin Board for the periods indicated.

Fiscal 2009 Low High

Interim Period		Low		High
Interim Period ended March 31, 2011	$	.13	$	.13

Fiscal 2010
Quarter ended March 31, 2010	$	.025	$	.025
Quarter ended June 30, 2010	$	.02	$	.02
Quarter ended September 30, 2010	$	.01	$	.01
Quarter ended December 31, 2010	$	.02	$	.02

Fiscal 2009
Quarter ended March 31, 2009	$	.12	$	.12
Quarter ended June 30, 2009	$	.17	$	.17
Quarter ended September 30, 2009	$	.085	$	.085
Quarter ended December 31, 2009	$	.15	$	.15

Quarter ended March 31, 2009* $0.12 $0.22

Quarter ended June 30, 2009 $0.09 $0.17

Quarter ended September 30, 2009 $0.085 $0.175

Quarter ended December 31, 2009 $0.085 $0.22

Interim period ended April 9, 2010 $0.005 $0.15

*The stock commenced trading on January 30, 2009.

Dividends

We have never paid a cash dividend on our common stock. The payment of dividends may be made at the discretion of our Board of Directors, and will depend upon, among other things, our operations, capital requirements, and overall financial condition. There are no contractual restrictions on our ability to declare and pay dividends.

Preferred Stock

We currently have zero shares of preferred stock outstanding.

Number of Holders

As of ~~April~~ 12April 15, ~~2010~~2011, we had 3659 active common shareholders of record.

Securities Authorized for Issuance Under Equity Compensation Plans

As of the date of this Report, we have not authorized any equity compensation plan, nor has our Board of Directors authorized the reservation or issuance of any securities under any equity compensation plan.

Recent Sales of Unregistered Securities; Use of Proceeds from Registered Securities

~~During~~On February 10, 2011, the ~~past~~Company ~~three~~entered ~~years~~into a Plan of Exchange agreement with MediaMatic Ventures Inc., a privately-held company incorporated under the ~~Registrant~~laws ~~has~~of the Province of Alberta, Canada (“MMV”), and the shareholders of MMV (the “MMV Shareholders”). Pursuant to the agreement, on February 11, 2011 we purchased all 15,685,692 of the issued and outstanding common shares of MMV from the ~~following~~MMV ~~securities~~Shareholders ~~without~~in exchange for issuing 28,000,000 shares of our common stock to the MMV Shareholders. MMV ~~registration~~and ~~under~~MMV Shareholders represented that on the ~~Securities~~date ~~Act~~of the agreement MMV had total assets of ~~1933~~at least $3,200,000 asand ~~amended:~~liabilities of not greater than $850,000 (excluding contingent liabilities).

~~During~~At ~~2008~~the closing, we also issued 13,980,000 ~~common~~ shares ~~each~~of toour ~~William~~common C.stock ~~Moncrief~~to ~~Jr.,~~one ~~Terri~~person ~~Lynn Abel,~~who ~~Mark~~had A.provided ~~Dell,~~advice ~~Judith~~in A.connection ~~Newland,~~with ~~Thomas F. Von Ohlen, Stephen Glaser,~~the ~~Stacie K. Branham~~transaction, ~~Bradley E. Turner~~2, ~~Stacie Dyan Cottone~~737,867 ~~Angela~~shares ~~Cottone,~~of ~~Nancy Lea~~our ~~Hart/Doc~~common ~~Hart,~~stock ~~Tracie~~to ~~Zehnal,~~each ~~Thomas~~of A.two ~~Brophy,~~persons ~~Vanessa~~who ~~Cottone,~~assumed ~~Tara Cottone,~~responsibility ~~and Michael W. Chandler at $0.10 per share~~ for apaying ~~total~~certain of ~~$100 from~~our ~~each~~obligations ~~investor~~as ~~and~~required anby ~~aggregate of $1,600. We used~~ the ~~proceeds~~exchange ~~from~~agreement ~~these offerings~~and ~~for~~who ~~working~~had ~~capital purposes. We relied on exemptions~~ provided ~~by Section~~advice ~~4(2)~~in ofconnection with the ~~Securities~~transaction, ~~Act~~and ~~of 1933~~876,946 shares asto ~~amended.~~Adam WeSlazer ~~made~~for ~~these~~his ~~offerings based~~assistance onin ~~the~~connection ~~following~~with ~~facts: (1)~~ the ~~issuances~~transaction. As ~~were isolated private transactions which did not involve~~ a ~~public offering; (2) there was only one offeree in each offering~~result, ~~(3)~~we ~~each~~issued ~~offeree~~an ~~has~~aggregate ~~agreed to the imposition~~ of a ~~restrictive legend on the face of the stock certificate representing its shares~~38, to332,680 ~~the effect that it will not resell the stock unless its~~ shares ~~are~~of ~~registered or an exemption from registration is available; (4) the offerees were sophisticated investors very familiar with~~ our ~~company~~common ~~and~~ stock~~-based transactions;~~, ~~(5)~~all ~~there were no subsequent or contemporaneous public offerings~~ of ~~the~~which ~~stock;~~are ~~(6)~~restricted ~~the stock was not broken down into smaller denominations; and (7) the negotiations for the sale of the stock took place directly between the offeree and our management~~securities.

Also in 2008, we issued 35,000 common shares to Steven A. Bongiovanni at $0.10 per share for an aggregate price of $3,500. We used the proceeds from these offerings for working capital purposes. We relied on exemptions provided by Section 4(2) of the Securities Act of 1933, as amended. We made this offering based on the following facts: (1) the issuance was an isolated private transaction which did not involve a public offering; (2) there was only one offeree, (3) the offeree has agreed to the imposition of a restrictive legend on the face of the stock certificate representing its shares, to the effect that it will not resell the stock unless its shares are registered or an exemption from registration is available; (4) the offeree was a sophisticated investor very familiar with our company and stock-based transactions; (5) there were no subsequent or contemporaneous public offerings of the stock; (6) the stock was not broken down into smaller denominations; and (7) the negotiations for the sale of the stock took place directly between the offeree and our management.

In 2008, we issued 10,000 common shares each to Richard A. West, Joseph M. Wilkins, Valerie A. Garman, and Sunbelt Studios, LLC at $0.10 per share for a total of $1,000 from each investor and an aggregate of $4,000. We used the proceeds from these offerings for working capital purposes. We relied on exemptions provided by Section 4(2) of the Securities Act of 1933, as amended. We made these offerings based on the following facts: (1) the issuances were isolated private transactions which did not involve a public offering; (2) there was only one offeree in each offering, (3) each offeree has agreed to the imposition of a restrictive legend on the face of the stock certificate representing its shares, to the effect that it will not resell the stock unless its shares are registered or an exemption from registration is available; (4) the offerees were sophisticated investors very familiar with our company and stock-based transactions; (5) there were no subsequent or contemporaneous public offerings of the stock; (6) the stock was not broken down into smaller denominations; and (7) the negotiations for the sale of the stock took place directly between the offeree and our management.

During 2008, we issued 5,000 common shares each to Mark J. Koury, Christopher S. Moseley, and George and Nellie Roth at $0.10 per share for a total of $500 from each investor and an aggregate of $1,500. We used the proceeds from these offerings for working capital purposes. We relied on exemptions provided by Section 4(2) of the Securities Act of 1933, as amended. We made these offerings based on the following facts: (1) the issuances were isolated private transactions which did not involve a public offering; (2) there was only one offeree in each offering, (3) each offeree has agreed to the imposition of a restrictive legend on the face of the stock certificate representing its shares, to the effect that it will not resell the stock unless its shares are registered or an exemption from registration is available; (4) the offerees were sophisticated investors very familiar with our company and stock-based transactions; (5) there were no subsequent or contemporaneous public offerings of the stock; (6) the stock was not broken down into smaller denominations; and (7) the negotiations for the sale of the stock took place directly between the offeree and our management.

Also in 2008, we issued 50,000 common shares to Kenneth Griffin Jr and Bryan Kuskie at $0.10 per share for an aggregate price of $10,000. We used the proceeds from these offerings for working capital purposes. We relied on exemptions provided by Section 4(2) of the Securities Act of 1933, as amended. We made this offering based on the following facts: (1) the issuance was an isolated private transaction which did not involve a public offering; (2) there was only one offeree, (3) the offeree has agreed to the imposition of a restrictive legend on the face of the stock certificate representing its shares, to the effect that it will not resell the stock unless its shares are registered or an exemption from registration is available; (4) the offeree was a sophisticated investor very familiar with our company and stock-based transactions; (5) there were no subsequent or contemporaneous public offerings of the stock; (6) the stock was not broken down into smaller denominations; and (7) the negotiations for the sale of the stock took place directly between the offeree and our management.

In 2008, we issued 2,000 common shares each to Adam D.A. Matisko, Ray Moseley, William A. Byrd, Richard Neil Younts, Rodney Slagter, and Dean A. Stewart for a total of $200 from each investor and an aggregate of $1,200. We used the proceeds from these offerings for working capital purposes. We relied on exemptions provided by Section 4(2) of the Securities Act of 1933, as amended. We made these offerings based on the following facts: (1) the issuances were isolated private transactions which did not involve a public offering; (2) there was only one offeree in each offering, (3) each offeree has agreed to the imposition of a restrictive legend on the face of the stock certificate representing its shares, to the effect that it will not resell the stock unless its shares are registered or an exemption from registration is available; (4) the offerees were sophisticated investors very familiar with our company and stock-based transactions; (5) there were no subsequent or contemporaneous public offerings of the stock; (6) the stock was not broken down into smaller denominations; and (7) the negotiations for the sale of the stock took place directly between the offeree and our management.

During 2008, we issued 2,050 common shares to Stacie D. Criscuolo at $0.10 per share for an aggregate price of $205. We used the proceeds from these offerings for working capital purposes. We relied on exemptions provided by Section 4(2) of the Securities Act of 1933, as amended. We made this offering based on the following facts: (1) the issuance was an isolated private transaction which did not involve a public offering; (2) there was only one offeree, (3) the offeree has agreed to the imposition of a restrictive legend on the face of the stock certificate representing its shares, to the effect that it will not resell the stock unless its shares are registered or an exemption from registration is available; (4) the offeree was a sophisticated investor very familiar with our company and stock-based transactions; (5) there were no subsequent or contemporaneous public offerings of the stock; (6) the stock was not broken down into smaller denominations; and (7) the negotiations for the sale of the stock took place directly between the offeree and our management.

Also in 2008, we issued 100,000 common shares to Lisa Derosa and Tray Rorie at $0.10 per share for an aggregate price of $20,000. We used the proceeds from these offerings for working capital purposes. We relied on exemptions provided by Section 4(2) of the Securities Act of 1933, as amended. We made this offering based on the following facts: (1) the issuance was an isolated private transaction which did not involve a public offering; (2) there was only one offeree, (3) the offeree has agreed to the imposition of a restrictive legend on the face of the stock certificate representing its shares, to the effect that it will not resell the stock unless its shares are registered or an exemption from registration is available; (4) the offeree was a sophisticated investor very familiar with our company and stock-based transactions; (5) there were no subsequent or contemporaneous public offerings of the stock; (6) the stock was not broken down into smaller denominations; and (7) the negotiations for the sale of the stock took place directly between the offeree and our management.

During 2008, we issued 7,500 common shares to Scott R. Tetterton at $0.10 per share for an aggregate price of $750. We used the proceeds from these offerings for working capital purposes. We relied on exemptions provided by Section 4(2) of the Securities Act of 1933, as amended. We made this offering based on the following facts: (1) the issuance was an isolated private transaction which did not involve a public offering; (2) there was only one offeree, (3) the offeree has agreed to the imposition of a restrictive legend on the face of the stock certificate representing its shares, to the effect that it will not resell the stock unless its shares are registered or an exemption from registration is available; (4) the offeree was a sophisticated investor very familiar with our company and stock-based transactions; (5) there were no subsequent or contemporaneous public offerings of the stock; (6) the stock was not broken down into smaller denominations; and (7) the negotiations for the sale of the stock took place directly between the offeree and our management.

In 2008, we issued 7,000 common shares to Stanly Nicastro at $0.10 per share for an aggregate price of $700. We used the proceeds from these offerings for working capital purposes. We relied on exemptions provided by Section 4(2) of the Securities Act of 1933, as amended. We made this offering based on the following facts: (1) the issuance was an isolated private transaction which did not involve a public offering; (2) there was only one offeree, (3) the offeree has agreed to the imposition of a restrictive legend on the face of the stock certificate representing its shares, to the effect that it will not resell the stock unless its shares are registered or an exemption from registration is available; (4) the offeree was a sophisticated investor very familiar with our company and stock-based transactions; (5) there were no subsequent or contemporaneous public offerings of the stock; (6) the stock was not broken down into smaller denominations; and (7) the negotiations for the sale of the stock took place directly between the offeree and our management.

Also in 2008, we issued 10,000,000 common shares to Adam Slazer for his services to the Company as Founder and President. We relied on exemptions provided by Section 4(2) of the Securities Act of 1933, as amended. We made this offering based on the following facts: (1) the issuance was an isolated private transaction which did not involve a public offering; (2) there was only one offeree, (3) the offeree has agreed to the imposition of a restrictive legend on the face of the stock certificate representing its shares, to the effect that it will not resell the stock unless its shares are registered or an exemption from registration is available; (4) the offeree was a sophisticated investor very familiar with our company and stock-based transactions; (5) there were no subsequent or contemporaneous public offerings of the stock; (6) the stock was not broken down into smaller denominations; and (7) the negotiations for the sale of the stock took place directly between the offeree and our management.

During 2008, we issued 92,500 common shares to Guardian Registrar and Transfer, Inc. for its services to the Company as registrar and transfer agent. We relied on exemptions provided by Section 4(2) of the Securities Act of 1933, as amended. We made this offering based on the following facts: (1) the issuance was an isolated private transaction which did not involve a public offering; (2) there was only one offeree, (3) the offeree has agreed to the imposition of a restrictive legend on the face of the stock certificate representing its shares, to the effect that it will not resell the stock unless its shares are registered or an exemption from registration is available; (4) the offeree was a sophisticated investor very familiar with our company and stock-based transactions; (5) there were no subsequent or contemporaneous public offerings of the stock; (6) the stock was not broken down into smaller denominations; and (7) the negotiations for the sale of the stock took place directly between the offeree and our management.

In 2008, we issued 1,000,000 common shares to Greentree Financial Group, Inc. for professional services in connection with preparing this registration statement, EDGAR services, selecting an independent transfer agent and advisement on blue sky issues. These shares are valued at $.10 per share, yielding an aggregate expense of $100,000 that will be included in our financial statements during fiscal 2008. We relied on exemptions provided by Section 4(2) of the Securities Act of 1933, as amended. We made this offering based on the following facts: (1) the issuance was an isolated private transaction which did not involve a public offering; (2) there was only one offeree, (3) the offeree has agreed to the imposition of a restrictive legend on the face of the stock certificate representing its shares, to the effect that it will not resell the stock unless its shares are registered or an exemption from registration is available; (4) the offeree was a sophisticated investor very familiar with our company and stock-based transactions; (5) there were no subsequent or contemporaneous public offerings of the stock; (6) the stock was not broken down into smaller denominations; and (7) the negotiations for the sale of the stock took place directly between the offeree and our management.

In 2008, we issued 100 shares of common stock to A.J. Glaser, Inc. in connection with a plan of exchange whereby we exchanged 100 shares of our stock for 100 shares of A.J. Glaser, Inc. common stock constituting a 100% interest in A.J. Glaser, Inc. We entered into this exchange transaction in order to redomicile our company to the State of North Carolina. We chose North Carolina because it is where the majority of our operations are conducted. A copy of the plan of exchange is attached hereto as Exhibit 10.3. We relied on exemptions provided by Section 4(2) of the Securities Act of 1933, as amended. We made this offering based on the following facts: (1) the issuance was an isolated private transaction which did not involve a public offering; (2) there was only one offeree, (3) the offeree has agreed to the imposition of a restrictive legend on the face of the stock certificate representing its shares, to the effect that it will not resell the stock unless its shares are registered or an exemption from registration is available; (4) the offeree was a sophisticated investor very familiar with our company and stock-based transactions; (5) there were no subsequent or contemporaneous public offerings of the stock; (6) the stock was not broken down into smaller denominations; and (7) the negotiations for the sale of the stock took place directly between the offeree and our management.

Purchases of Equity Securities by the Small Business Issuer and Affiliated Purchasers

None.

Transfer Agent

Our transfer agent is Guardian Registrar & Transfer, Inc. located at 7951 SW 6th Street, Suite 216, Plantation, Florida 33324.

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ITEM 6. SELECTED FINANCIAL DATA

If the registrant qualifies as a smaller reporting company as defined by Rule 229.10(f)(1), it is not required to provide the information required by this Item.

ITEM 7. MANAGEMENT’S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

Forward Looking Statements

Certain statements in this report, including statements of our expectations, intentions, plans and beliefs, including those contained in or implied by "Management's Discussion and Analysis" and the Notes to Consolidated Financial Statements, are "forward-looking statements", within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), that are subject to certain events, risks and uncertainties that may be outside our control. The words “believe”, “expect”, “anticipate”, “optimistic”, “intend”, “will”, and similar expressions identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update or revise any forward-looking statements. These forward-looking statements include statements of management's plans and objectives for our future operations and statements of future economic performance, information regarding our expansion and possible results from expansion, our expected growth, our capital budget and future capital requirements, the availability of funds and our ability to meet future capital needs, the realization of our deferred tax assets, and the assumptions described in this report underlying such forward-looking statements. Actual results and developments could differ materially from those expressed in or implied by such statements due to a number of factors, including, without limitation, those described in the context of such forward-looking statements, our expansion strategy, our ability to achieve operating efficiencies, our dependence on distributors, capacity, suppliers, industry pricing and industry trends, evolving industry standards, domestic and international regulatory matters, general economic and business conditions, the strength and financial resources of our competitors, our ability to find and retain skilled personnel, the political and economic climate in which we conduct operations and the risk factors described from time to time in our other documents and reports filed with the Securities and Exchange Commission (the "Commission"). Additional factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to: 1) our ability to successfully develop and deliver our product; 2) our ability to compete effectively with other companies in the same industry; 3) our ability to raise sufficient capital in order to effectuate our business plan; and 4) our ability to retain our key executive.

Critical Accounting Policies And Estimates

The preparation of our financial statements requires us to make estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reported period. A critical accounting policy is one that is both very important to the portrayal of our financial condition and results, and requires management’s most difficult, subjective or complex judgments. Typically, the circumstances that make these judgments difficult, subjective and/or complex have to do with the need to make estimates about the effect of matters that are inherently uncertain.

RECENT ACCOUNTING PRONOUNCEMENTS

In April 2008, the FASB issued new standards which provided guidance on how to determine the useful life of intangible assets by amending the factors an entity should consider in developing renewal or extension assumptions used in determining the useful life of recognized intangible assets. This new guidance applies prospectively to intangible assets that are acquired individually or with a group of other assets in business combinations and asset acquisitions. These standards are effective for financial statements issued for fiscal years beginning after December 15, 2008 and interim periods within those fiscal years and will be adopted beginning in the first quarter of fiscal 2010. The adoption of this guidance is not expected to have any impact on the Company’s consolidated financial position, cash flows or results of operations.(13)

InTable ~~April 2009, the FASB issued additional guidance under the “Financial Instruments Topic”~~ of the ASC. This topic requires disclosure of the carrying amount and the fair value of all financial instruments for interim and annual financial statements of SEC-reporting entities (even if the financial instrument is not recognized in the balance sheet), including the methods and significant assumptions used to estimate the fair values and any changes in such methods and assumptions. This topic also requires disclosures in summarized financial information in interim financial statements. The Company adopted this additional guidance as of November 30, 2009. The adoption of this additional guidance did not have any impact on the Company’s consolidated financial position, cash flows or results of operations.Contents

~~In May 2009, the~~ FASB ~~issued new standards for subsequent events, which establishes~~ ~~general~~Accounting ~~standards~~Standards of accounting for and disclosure of events that occur after the balance sheet date but before financial statements are issued or are available to be issued. The new standards are effective for interim and annual reporting periods ending after June 15, 2009. The Company adopted the new standards during fiscal 2009 and, as the pronouncement only requires additional disclosures, the adoption did not have an impact on the Company’s consolidated financial position, cash flows or results of operations. The Company has evaluated subsequent events through the date that these consolidated financial statements were issued.Codification

~~In June 2009, the FASB issued the FASB~~ (Accounting Standards ~~Codification~~Update (~~the~~ “~~Codification~~ASU”) ~~for financial statements issued for interim and annual periods ending after September 15,~~ 2009, which was effective for the Company beginning in the fourth quarter of fiscal 2009. The Codification became the single authoritative source for GAAP. Accordingly, previous references to GAAP accounting standards are no longer used in the Company’s disclosures, including these Notes to the Financial Statements. The Codification does not affect the Company’s consolidated financial position, cash flows or results of operations.-01)

In June 2009, FASB approved the FASB Accounting Standards Codification (“the Codification”) as the single source of authoritative nongovernmental GAAP. All existing accounting standard documents, such as FASB, American Institute of Certified Public Accountants, Emerging Issues Task Force and other related literature, excluding guidance from the Securities and Exchange Commission (“SEC”), have been superseded by the Codification. All other non-grandfathered, non-SEC accounting literature not included in the Codification has become nonauthoritative. The Codification did not change GAAP, but instead introduced a new structure that combines all authoritative standards into a comprehensive, topically organized online database. The Codification is effective for interim or annual periods ending after September 15, 2009, and impacts the Company’s consolidated financial statements as all future references to authoritative accounting literature will be referenced in accordance with the Codification. There have been no changes to the content of the Company’s financial statements or disclosures as a result of implementing the Codification during the fiscal year ended December 31, 2009.

As a result of the Company’s implementation of the Codification during the fiscal year ended December 31, 2009, previous references to new accounting standards and literature are no longer applicable. In the current annual consolidated financial statements, the Company will provide reference to both new and old guidance to assist in understanding the impacts of recently adopted accounting literature, particularly for guidance adopted since the beginning of the current fiscal year but prior to the Codification.

Subsequent Events

(Included in Accounting Standards Codification (“ASC”) 855 “Subsequent Events”, previously SFAS No. 165 “Subsequent Events”)

SFAS No. 165 established general standards of accounting for and disclosure of events that occur after the balance sheet date, but before the consolidated financial statements are issued or available to be issued (“subsequent events”). An entity is required to disclose the date through which subsequent events have been evaluated and the basis for that date. For public entities, this is the date the consolidated financial statements are issued. SFAS No. 165 does not apply to subsequent events or transactions that are within the scope of other GAAP and did not result in significant changes in the subsequent events reported by the Company. SFAS No. 165 became effective for interim or annual periods ending after June 15, 2009 and did not impact the Company’s consolidated financial statements. The Company evaluated for subsequent events through the issuance date of the Company’s consolidated financial statements. No recognized or non-recognized subsequent events were noted.

Determination of the Useful Life of Intangible Assets

(Included in ASC 350 “Intangibles — Goodwill and Other”, previously FSP SFAS No. 142-3 “Determination of the Useful Lives of Intangible Assets”)

FSP SFAS No. 142-3 amended the factors that should be considered in developing renewal or extension assumptions used to determine the useful life of a recognized intangible asset under previously issued goodwill and intangible assets topics. This change was intended to improve the consistency between the useful life of a recognized intangible asset and the period of expected cash flows used to measure the fair value of the asset under topics related to business combinations and other GAAP. The requirement for determining useful lives must be applied prospectively to intangible assets acquired after the effective date and the disclosure requirements must be applied prospectively to all intangible assets recognized as of, and subsequent to, the effective date. FSP SFAS No. 142-3 became effective for consolidated financial statements issued for fiscal years beginning after December 15, 2008, and interim periods within those fiscal years. The adoption of FSP SFAS No. 142-3 did not impact the Company’s consolidated financial statements.

Noncontrolling Interests

(Included in ASC 810 “Consolidation”, previously SFAS No. 160 “Noncontrolling Interests in Consolidated Financial Statements an amendment of ARB No. 51”)

SFAS No. 160 changed the accounting and reporting for minority interests such that they will be recharacterized as noncontrolling interests and classified as a component of equity. SFAS No. 160 became effective for fiscal years beginning after December 15, 2008 with early application prohibited. The Company implemented SFAS No. 160 at the start of fiscal 2009 and no longer records an intangible asset when the purchase price of a noncontrolling interest exceeds the book value at the time of buyout. The adoption of SFAS No. 160 did not have any other material impact on the Company’s financial statements.

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Consolidation of Variable Interest Entities — Amended

(To be included in ASC 810 “Consolidation”, SFAS No. 167 “Amendments to FASB Interpretation No. 46(R)”)

SFAS No. 167 amends FASB Interpretation No. 46(R) “Consolidation of Variable Interest Entities regarding certain guidance for determining whether an entity is a variable interest entity and modifies the methods allowed for determining the primary beneficiary of a variable interest entity. The amendments include: (1) the elimination of the exemption for qualifying special purpose entities, (2) a new approach for determining who should consolidate a variable-interest entity, and (3) changes to when it is necessary to reassess who should consolidate a variable-interest entity. SFAS No. 167 is effective for the first annual reporting period beginning after November 15, 2009, with earlier adoption prohibited. The Company will adopt SFAS No. 167 in fiscal 2010 and does not anticipate any material impact on the Company’s financial statements.

Off-Balance Sheet Arrangements

We have not entered into any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources and would be considered material to investors. Certain officers and directors of the Company have provided personal guarantees to our various lenders as required for the extension of credit to the Company.

Accounting Policies Subject to Estimation and Judgment

Management’s Discussion and Analysis of Financial Condition and Results of Operations are based upon our financial statements, which have been prepared in accordance with accounting principles generally accepted in the United States. When preparing our financial statements, we make estimates and judgments that affect the reported amounts on our balance sheets and income statements, and our related disclosure about contingent assets and liabilities. We continually evaluate our estimates, including those related to revenue, allowance for doubtful accounts, reserves for income taxes, and litigation. We base our estimates on historical experience and on various other assumptions, which we believe to be reasonable in order to form the basis for making judgments about the carrying values of assets and liabilities that are not readily ascertained from other sources. Actual results may deviate from these estimates if alternative assumptions or condition are used

RESULTS OF OPERATIONS FOR THE YEARS ENDED DECEMBER 31, ~~2009~~2010 AND ~~2008~~2009

Revenues

The Company had revenues of $4547,~~666~~808 for the year ended December 31, ~~2009~~2010 compared ~~with~~ to revenues of $4245,~~424~~666 during the year ended December 31, ~~2008~~2009. The ~~increase~~revenues in ~~revenue can~~both beyears ~~attributed~~of 2010 and 2009 were due to ~~lesser~~our ~~traveling~~previous ~~expenses~~business ~~and~~in ~~more~~connection ~~client~~with personal fitness training ~~retention~~in and around the Lake Norman area of Charlotte, North Carolina.

Since the consummation of share exchange with MMV, we have adopted the business of MMV, which is the provider of multimedia kiosks throughout Canada. We expected our sales in 2011 would significantly increase resulting from product rentals and franchise sales.

Cost of Sales

Cost of of revenue for the years ended December 31, 2010 and 2009 primarily includes supplement costs, weight loss products, maintaining equipment, and purchasing new equipment., ~~During~~which ~~the~~was ~~year ended December 31~~$9, ~~2009,~~648 weand ~~had cost of revenues of~~ $9,215, ~~or approximately 20~~respectively.~~18%~~ ofThe ~~revenues, versus~~ cost of revenues ofas ~~$8,687,~~a orpercentage ~~approximately 20.48%~~ of revenues~~. The cost~~ ofwas ~~revenue~~20.2% asfor aboth ~~percentage~~2010 ofand ~~revenue essentially stayed the same~~2009.

We expected our cost of revenues in 2011 would be in connection with amortization of DVD purchases because the business would be changed from personal fitness training to multimedia rental.

Operating Expenses

The Company had operating expenses of $7580,~~053~~512 ~~for~~and ~~the year ended December 31~~$64,788 ~~2009. Our operating expenses~~ for the ~~year~~years ended December 31, ~~2008~~2010 ~~were~~and ~~$179~~2009,~~794.~~ ~~The cost~~respectively, ~~of going public and the cost of advertising to try to build business are~~including the ~~causes of the operating~~ expenses ~~in 2008. The cost~~ incurred for remaining a public company accounts ~~for the operating expense in 2009~~.

~~Other~~We ~~Expenses~~expected our operating expenses would significantly increase in 2011 resulting from the multimedia rental business.

~~The Company had no other expenses for the year ended December 31, 2009 and 2008.~~ (15)

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Income/Losses

We had a net (loss) of $~~(38~~44,~~602)~~277 and $~~(146~~28,~~057)~~337 for the years ended December 31, ~~2009~~2010 and ~~2008~~ 2009, respectively. The net ~~(loss)~~losses in ~~these~~both ~~periods~~2010 and ~~was~~2009 were due primarily to gross profits not sufficient to cover operational expenses, which were $7580,~~053~~512 and $~~179~~64,~~794~~788 for the years ended December 31, ~~2009~~2010 and ~~2008~~2009, respectively. ~~It is also a function of revenues, cost of sales and other expenses as described in the upcoming paragraphs below.~~

We expected we would be profitable resulting from the multimedia rental business. However, there can be no assurance that we will achieve or maintain profitability, or that any revenue growth will take place in the future.

Impact of Inflation

We believe that inflation has had a negligible effect on operations since inception. We believe that we can offset inflationary increases in the cost of operations by increasing sales and improving operating efficiencies.

Liquidity And Capital Resources

~~We had~~Net cash flows used in operating activities were $43,~~918~~769 for the year ended December 31, 2010, compared to net cash flows of $3,023 provided by operating activities for the year ended December 31, 2009. WeNegative ~~will~~cash beflows ~~required~~in 2010 were primarily attributable to ~~raise~~net loss of $44,277, offset by non-cash expenses such as depreciation of $2,751 and common stock issued for services of $25,000, ~~capital~~plus onthe anincrease ~~ongoing~~in ~~basis~~accounts payable in amount of $10,832. InPositive ~~the~~cash ~~future~~flows wein ~~will~~2009 ~~potentially~~were ~~need~~due primarily to ~~raise~~the increase in ~~capital~~accounts topayable ~~sustain~~in ~~operations~~the ~~through~~amount ~~this~~of ~~channel~~$28,609, partially offset by the net loss of $28,337.

~~Going~~During ~~concern~~the year ended December 31, 2010, the Company issued 25,000 restricted common shares to an unrelated service provider in exchange for web design, hosting services, annual web site content updates, annual domain name registration and an online marketing program rendered during such year pursuant to a private placement made under Regulation 504. These shares were priced at the private placement price of $1 per share which approximated the fair value of the services rendered. The Company recorded $25,000 in non-cash consulting expense in the accompanying statements of operations during the year ended December 31, 2010 for these shares.

~~As shown~~There inwere ~~the~~no ~~accompanying~~cash ~~consolidated~~flows ~~financial statements, we have suffered recurring losses~~ from ~~operation~~investing toactivities ~~date.~~for Wethe ~~have~~years aended ~~retained deficiency of $160,114 as of~~ December 31, ~~2009.~~2010 ~~These~~and ~~factors raise substantial doubt about our ability to continue as a going concern~~2009.

~~Due to~~There ~~business~~were ~~souring~~no ~~and~~ cash atflows ~~low~~from ~~levels,~~financing ~~management has~~activities ~~elected to search~~ for ~~acquisition~~the ~~candidates~~years toended ~~enhance~~December ~~value~~31, to2010 ~~its shareholders~~and 2009.

7We had $1,149 cash as of December 31, 2010. On the short-term basis, we will be required to raise a significant amount of additional funds over the next 12 months to sustain operations. On the long-term basis, we will potentially need to raise capital to grow and develop our business.

It is likely that we will require significant additional financing within the next 12 months and if we are unable to raise the needed funds on an acceptable basis, we may be forced to cease operations.

Going Concern

As shown in the accompanying consolidated financial statements, we have suffered recurring losses from operation to date. We have a retained deficiency of $243,327 as of December 31, 2010. These factors raise substantial doubt about our ability to continue as a going concern.

Due to business worsening, a poor economic climate and cash at low levels, management has elected to search for acquisition candidates to enhance value to its shareholders.

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ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

Not applicable.

ITEM 8. FINANCIAL STATEMENTS

~~Financial~~The ~~Summary~~report ~~Information~~of the independent Registered Public Accounting Firm appears on page 22 and financial statements and notes to financial statements appear on page 23-37.

Because this is only a financial summary, it does not contain all the financial information that may be important to you. It should be read in conjunction with the consolidated financial statements and related notes presented in this section.(17)

~~Audited Financial~~Table ~~Summary~~of ~~Information for the Years Ended December 31, 2009 and 2008~~Contents

Statements of Operations	For the year ended December 31, 2009			For the year ended December 31, 2008
Revenues	$	45,666		$	42,424
Cost of Sales	$	(9,215)		$	(8,687)
Gross profit	$	36,451		$	33,737
Operating expenses	$	75,053		$	179,794
(Loss) from operations	$	(38,602	)	$	(146,057	)
Interest expense	$	-		$	-
Net (loss)	$	(38,602	)	$	(146,057	)
Net loss per common share		**			**

--------

** LessCONSOLIDATED ~~than~~FINANCIAL ~~$.01~~STATEMENTS

Balance Sheet	As of December 31, 2009
Cash	$	4,918
Total current assets	$	4,918
Other assets	$	11,527
Total Assets	$	16,445
Current liabilities	$	41,407
Long term liabilities	$	0
Stockholders’ deficit	$	24,962
Total liabilities and stockholders’ equity	$	16,445

EXERCISE FOR LIFE SYSTEMS, INC.

8December 31, 2010

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CONTENTS

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM~~......................................................................................................................................10~~ 20

CONSOLIDATED BALANCE SHEET..........................................................................................................................................................................................................................11 SHEETS 21

CONSOLIDATED STATEMENTS OF OPERATIONS~~...............................................................................................................................................................................................12~~ 22

CONSOLIDATED STATEMENT OF STOCKHOLDERS’ EQUITY~~.........................................................................................................................................................................13~~ (DEFICIT) 23

CONSOLIDATED STATEMENTS OF CASH FLOWS~~..............................................................................................................................................................................................14~~ 24

NOTES TO FINANCIAL STATEMENTS~~....................................................................................................................................................................................15~~ 25 - 31

9(19)

Table of Contents

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors:

Exercise For Life Systems, Inc.

~~I have~~We have audited the consolidated balance ~~sheet~~sheets of Exercise For Life Systems, Inc. as of December 31, ~~2009~~ 2010 and ~~2008~~2009, and the related consolidated statements of operations, stockholders’ equity (deficit), and cash flows for the ~~two~~ years ~~ended~~then ~~December 31, 2009~~ended. These financial statements are the responsibility of the Company’s management. MyOur responsibility is to express an opinion on these financial statements based on our audits.

IWe conducted myour audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that Iwe plan and perform the audits to obtain reasonable assurance about whether the financial statements are free of material misstatement. The company is not required to have, nor ~~was~~were Iwe engaged to perform, an audit of its internal control over financial reporting. MyOur ~~audit~~audits included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the company’s internal control over financial reporting. Accordingly, Iwe express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We I believe that myour audits provide a reasonable basis for myour opinion.

In my our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of Exercise ~~For~~for Life Systems, Inc. as of December 31, ~~2009~~2010 and ~~2008~~2009, and the results of its consolidated operations and its cash flows for the ~~two~~ years then ended ~~December 31, 2009~~ in conformity with U.S. generally accepted accounting principles.

The accompanying financial statements have been prepared assuming the Company will continue as a going concern. The Company has suffered a loss in 2010 and in 2009, has negative working capital, and generated a negative internal cash flow from operations in ~~2009~~ 2010 that raises substantial doubt about its ability to continue as a going concern. Management’s plans in regard to these matters are described in Note 67. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

~~/s/~~Silberstein ~~Traci J. Anderson~~Ungar, ~~CPA~~PLLC

~~Traci~~Bingham ~~J. Anderson~~Farms, ~~CPA~~ Michigan

~~Huntersville~~April 13, ~~North Carolina~~2011

~~April 9, 2010~~(20)

10Table of Contents

EXERCISE FOR LIFE SYSTEMS, INC.
BALANCE SHEETS
CONSOLIDATED BALANCE SHEETS
AS OF DECEMBER 31, 2009 AND DECEMBER 31, 2008
AS OF DECEMBER 31, 2010 AND DECEMBER 31, 2009
ASSETS	~~12/31/2009~~2010			~~12/31/2008~~2009
				(Restated)
CURRENT ASSETS:
Cash	$	41,~~918~~149		$	14,~~895~~918
TOTAL CURRENT ASSETS		41,~~918~~149			14,~~895~~918
FIXED ASSETS:
Machinery and equipment		5613,~~090~~763			5613,~~090~~763
Accumulated depreciation		(4413,~~563~~454	)		(3310,~~347~~703	)
TOTAL FIXED ASSETS		~~11,527~~309			223,~~743~~060
TOTAL ASSETS	$	161,~~445~~458		$	247,~~638~~978
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
CURRENT LIABILITIES
Accounts payable	$	4143,~~407~~154		$	1053,~~998~~322
TOTAL CURRENT LIABILITIES		41,407			10,998
Accrued interest payable		1,925			—
Promissory note payable		21,000			—
TOTAL CURRENT LIABILITIES		66,079			53,322
STOCKHOLDERS' EQUITY (DEFICIT)
Common stock ($.0001 par value, 100,000,000 shares authorized; 11,527,050 and 11.517,050 shares issued and outstanding at December 31, 2009 and December 31, 2008, respectively)		1,153			1,152
Common stock ($.0001 par value, 100,000,000 shares authorized; 11,552,050 and 11,527,050 shares issued and outstanding at December 31, 2010 and December 31, 2009, respectively)		1,155			1,153
Common stock subscribed but not yet issued (-0- and 10,000 shares at December 31, 2009 and December 31, 2008, respectively)		-			1
Additional paid in capital		177,551			152,553
Additional paid in capital		133,999			133,999
Accumulated deficit		(243,327	)		(199,050	)
Retained deficit		(160,114	)		(121,512	)
TOTAL STOCKHOLDERS' EQUITY (DEFICIT)		(64,621	)		(45,344	)
TOTAL STOCKHOLDERS' EQUITY (DEFICIT)		(24,962	)		13,640
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	$	1,458		$	7,978
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	$	16,445		$	24,638
The accompanying notes are an integral part of these financial statements

11The accompanying notes are an integral part of these financial statements

EXERCISE FOR LIFE SYSTEMS, INC.
STATEMENTS OF OPERATIONS
FOR THE YEARS ENDED DECEMBER 31, 2009 AND 2008
(Unaudited)	For The Year
	Ended December 31,
	2009			2008
REVENUES:
Sales	$	45,666		$	42,424
Cost of sales		(9,215	)		(8,687	)
Gross profit		36,451			33,737
EXPENSES:
Selling, general and administrative expenses		75,053			179,794
Total expenses		75,053			179,794
(Loss) from operations	$	(38,602	)	$	(146,057	)
Provision for income taxes		-			-
NET (LOSS)	$	(38,602	)	$	(146,057	)
Basic and fully diluted net (loss) per common share:	$	*		$	(0.01	)
Weighted average common shares outstanding		11,522,050			10,758,525
* less than $.01 per share.
The accompanying notes are an integral part of these financial statements

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EXERCISE FOR LIFE SYSTEMS, INC.
STATEMENT OF STOCKHOLDERS' EQUITY
CONSOLIDATED STATEMENTS OF OPERATIONS
FOR THE YEARS ENDED DECEMBER 31, 2009 AND 2008
FOR THE YEARS ENDED DECEMBER 31, 2010 AND 2009
(Unaudited)							Common			Common
	For The Year
							Stock			Stock
	Ended December 31,
							Subscribed			Subscribed			Additional
	2010			2009
	Common Stock						Not Issued			Not Issued			Paid-in		Retained
				Restated
	Shares			Amount			Shares			Amount			Capital		(Deficit)
REVENUES:
Balances, December 31, 2007		10,000,000		$	1,000			-		$	-		$	-	$	24,545
Sales	$	47,808		$	45,666
Cash proceeds from the sale of common stock		424,550			42			10,000			1			24,858		-
Cost of sales		(9,648	)		(9,215	)
Issuance of common stock for services rendered		1,092,500			109			-			-			109,141		-
Gross profit		38,160			36,451
Net loss for the year ended December 31, 2008		-			-			-			-			-		(146,057	)
EXPENSES:
Balances, December 31, 2008		11,517,050		$	1,152			10,000		$	1		$	133,999	$	(121,512	)
Selling, general and administrative expenses		80,512			64,788
Issuance of common stock previously subscribed		10,000			1			(10,000	)		(1	)		-		-
Total expenses		80,512			64,788
Net loss for the year ended December 31, 2009		-			-			-			-			-		(38,602	)
(Loss) from operations	$	(42,352	)	$	(28,337	)
Balances, December 31, 2009		11,527,050		$	1,153		$	-		$	-		$	133,999	$	(160,114	)
Interest expense		(1,925	)		—
The accompanying notes are an integral part of these financial statements
Loss before income taxes		(44,277	)		(28,337	)
Provision for income taxes		—			—
NET (LOSS)	$	(44,277	)	$	(28,337	)
Basic and fully diluted net (loss) per common share:	$	*		$	*
Weighted average common shares outstanding		11,551,776			11,527,050
* less than $.01 per share
The accompanying notes are an integral part of these financial statements

13(22)

EXERCISE FOR LIFE SYSTEMS, INC.
STATEMENTS OF CASH FLOWS
FOR THE YEARS ENDED DECEMBER 31, 2009 AND 2008
	2009			2008
CASH FLOWS FROM OPERATING ACTIVITIES:
Net (loss)	$	(38,602	)	$	(146,057	)
Adjustments to reconcile net (loss) to net cash provided by (used in) operations:
Depreciation		11,216			11,216
Common stock issued for services rendered and expensed		-			109,250
Increase in operating liabilities:
Accounts payable		30,409			2,270
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES		3,023			(23,321	)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from sale of common stock to investors		-			24,900
NET CASH PROVIDED BY OPERATING ACTIVITIES		-			24,900
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		3,023			1,579
CASH AND CASH EQUIVALENTS,
BEGINNING OF THE YEAR		1,895			316
END OF THE YEAR	$	4,918		$	1,895
The accompanying notes are an integral part of these financial statements

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14EXERCISE FOR LIFE SYSTEMS, INC. CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY FOR THE YEARS ENDED DECEMBER 31, 2010 AND 2009


										Total
					Additional		Accumulated			Stockholders'
	Common Stock				Paid-in		Deficit			Equity (Deficit)
	Shares		Amount		Capital		(Restated)			(Restated)

Balances, December 31, 2008		11,527,050	$	1,153	$	152,553	$	(170,713	)	$	(17,007	)

Net loss for the year ended December 31, 2009		—		—		—		(28,337	)		(28,337	)

Balances, December 31, 2009		11,527,050	$	1,153	$	152,553	$	(199,050	)	$	(45,344	)

Common stock issued for services rendered		25,000		2		24,998		—			25,000

Net loss for the year ended December 31, 2010		—		—		—		(44,277	)		(44,277	)

Balances, December 31, 2010		11,552,050	$	1,155	$	177,551	$	(243,327	)	$	(64,621	)




The accompanying notes are an integral part of these financial statements

(23)

Table of Contents

EXERCISE FOR LIFE SYSTEMS, INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS
FOR THE YEARS ENDED DECEMBER 31, 2010 AND 2009



	2010			2009
				Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net (loss)	$	(44,277	)	$	(28,337	)
Adjustments to reconcile net (loss) to net cash provided by (used in) operations:
Depreciation		2,751			2,751
Common stock issued for services rendered and expensed		25,000			—
Increase in operating liabilities:
Accounts payable		10,832			28,609
Accrued interest payable		1,925			—
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES		(3,769	)		3,023

CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from sale of common stock to investors		—			—
NET CASH PROVIDED BY OPERATING ACTIVITIES		—			—

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		(3,769	)		3,023

CASH AND CASH EQUIVALENTS,
BEGINNING OF THE YEAR		4,918			1,895

END OF THE YEAR	$	1,149		$	4,918

OTHER NON-CASH FINANCING ACTIVITIES:
Conversion of accounts payable into notes payable	$	21,000		$	—

The accompanying notes are an integral part of these financial statements

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Table of Contents

EXERCISE FOR LIFE SYSTEMS, INC.

NOTES TO FINANCIAL STATEMENTS

For ~~the~~ the Years Ended December 31, ~~2009~~2010 and ~~2008~~2009

NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Business Activity

Exercise For Life Systems, Inc., (the “Company”) offers personal fitness training services and products and is located in the Charlotte, North Carolina area. The Company was incorporated in New Jersey in 1996 as A.J. Glaser, Inc. and later incorporated in North Carolina in 2006 also as A.J. Glaser, Inc. (“A. J. Glaser”) On June 9, 2008, the Company filed an amendment to the Articles of Incorporation with the Secretary of State of North Carolina onto ~~September~~change 27its corporate name to Exercise For Life Systems, Inc. (FKA A.J. Glaser, Inc.). This amendment also changed the par value of the common stock from $1 per share ~~2006~~to $.0001 per share and increased the authorized common shares from 100 shares to 100,000,000 shares.

~~On June~~In 9,September 2008, the Company ~~filed~~(legal anacquirer) ~~amendment~~executed toa ~~the~~Plan ~~Articles~~ of ~~Incorporation~~Exchange with ~~the~~ ~~Secretary~~A.J. ofGlaser ~~State~~(accounting ofacquirer), ~~North~~whereby ~~Carolina~~we toexchanged 100 ~~change~~shares ~~its~~of ~~corporate~~our ~~name~~common ~~to Exercise~~stock ~~For~~for ~~Life~~all ~~Systems,~~of ~~Inc.~~the ~~(FKA~~issued and outstanding shares of A.J. Glaser, Inc.). ~~This~~As ~~amendment~~a ~~also changed~~result, ~~the par value of the common stock from $1 per share to $~~A.~~0001~~J.Glaser ~~per share~~became ~~and increased~~ the ~~authorized~~wholly-owned ~~common~~subsidiary ~~shares~~of ~~from~~the ~~100 shares to 100,000,000 shares~~Company.

The above mentioned stock exchange transaction has been accounted for as a reverse acquisition and recapitalization of the Company whereby the New Jersey corporation is deemed to be the accounting acquirer (legal acquiree) and the North Carolina corporation to be the accounting acquiree (legal acquirer). The accompanying consolidated financial statements are in substance those of the New Jersey corporation, with the assets and liabilities, and revenues and expenses, of the North Carolina corporation being included effective from the date of stock exchange transaction. The North Carolina corporation is deemed to be a continuation of the business of the New Jersey corporation. Accordingly, the accompanying consolidated financial statements include the following:

(1) The balance sheet consists of the net assets of the accounting acquirer at historical cost and the net assets of the accounting acquiree at historical cost

(2) the financial position, results of operations, and cash flows of the acquirer for all periods presented as if the recapitalization had occurred at the beginning of the earliest period presented and the operations of the accounting acquiree from the date of stock exchange transaction.

Basis of Presentation

The financial statements include the accounts of Exercise For Life Systems, Inc. under the accrual basis of accounting.

Management’s 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 at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could ~~differ~~ differ from those estimates. The financial statements above reflect all of the costs of doing business.

Income Taxes

~~Income~~The ~~taxes~~Company ~~are~~accounts ~~provided~~for inincome ~~accordance~~taxes ~~with~~under ~~Statement~~Section 740-10-30 of ~~Financial~~the FASB Accounting Standards NoCodification. ~~109~~Deferred ~~(SFAS~~income Notax assets and liabilities are determined based upon differences between the financial reporting and tax bases of assets and liabilities and are measured using the enacted tax rates and laws that will be in effect when the differences are expected to reverse. ~~109),~~Deferred tax ~~“Accounting~~assets ~~for~~are ~~Income~~reduced by a valuation allowance to the extent management concludes it is more likely than not that the assets ~~Taxes~~will not be realized.” ADeferred ~~deferred~~tax assets and liabilities are measured using enacted tax ~~asset~~rates orexpected ~~liability~~to isapply ~~recorded~~to ~~for~~taxable ~~all~~income in the years in which those temporary differences ~~between~~are ~~financial~~expected ~~and~~to be recovered or settled. The effect on deferred tax ~~reporting~~assets and liabilities ~~net~~of ~~operating~~a ~~loss-carry forwards~~change in tax rates is recognized in the statements of operations in the period that includes the enactment date.

Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that, some portion or all of the deferred tax asset will not be realized. Deferred tax assets and liabilities are adjusted for the effect of changes in tax laws and rates on the date of enactment.

Fair Value of Financial Instruments

The Company’s financial instruments are cash, accrued interest payable, promissory note payable, and accounts payable. The recorded values of cash and payables approximate their fair values based on their short-term nature.

Comprehensive ~~Income~~ Income (Loss) - The Company ~~adopted~~reports ~~Financial~~comprehensive ~~Accounting~~income ~~Standards~~and ~~Board Statement~~its ofcomponents ~~Financial~~following ~~Accounting~~guidance ~~Standards~~set ~~No.~~forth ~~130,~~by ~~“Reporting~~section ~~Comprehensive~~220-10 ~~Income”,~~of the FASB Accounting Standards Codification which establishes standards for the reporting and display of comprehensive income and its components in the consolidated financial statements. There were no items of comprehensive income (loss) applicable to the Company during the period covered in the financial statements.

Loss Per Share - ~~The Company~~Net ~~reports~~ loss per common share inis ~~accordance~~computed ~~with~~pursuant ~~Statement~~to ofsection ~~Financial Accounting~~260-10-45 ~~Standard (SFAS) No.128. This statement requires dual presentation~~ of ~~basic~~ ~~and~~the ~~diluted~~FASB ~~earnings~~Accounting ~~(loss)~~Standards ~~with a reconciliation of the numerator and~~Codification. ~~denominator~~Basic ofnet ~~the~~ loss per share ~~computations.~~is ~~Basic~~computed ~~earnings~~by ~~per~~dividing ~~share~~net ~~amounts are~~loss ~~based~~by on the weighted average number of shares of common ~~outstanding.~~stock ~~If applicable,~~outstanding ~~diluted~~during ~~earnings per share would assume~~ the ~~conversion,~~period. ~~exercise~~Diluted ornet ~~issuance~~loss ~~of all~~per ~~potential~~share ~~common~~is ~~stock~~computed ~~instruments~~by ~~such~~dividing asnet ~~options,~~loss ~~warrants~~by ~~and convertible securities, unless~~ the ~~effect~~weighted isaverage tonumber ~~reduce~~of ashares ~~loss~~of ~~or increase earnings per~~common ~~share.~~stock ~~There~~and ~~were~~potentially nooutstanding ~~adjustments~~shares ~~required~~of tocommon ~~net~~stock ~~loss~~during ~~for~~each ~~the~~ period ~~presented in the computation of diluted earnings per share~~. There were no ~~common~~potentially ~~stock equivalents~~dilutive ~~necessary~~shares ~~for~~outstanding as ~~the~~of ~~computation~~December of31, ~~diluted~~2010 ~~loss~~and ~~per share~~2009.

Long-Lived Assets - In ~~accordance~~The ~~with~~Company ~~SFAS~~evaluates ~~No.~~the ~~144,~~recoverability ~~the~~of ~~Company~~its ~~reviews~~fixed assets and ~~evaluates~~other ~~its long-lived~~ assets ~~for~~in ~~impairment~~accordance ~~whenever~~with ~~events~~section or360-10-15 of ~~changes~~the inFASB ~~circumstances indicate~~Accounting ~~that~~Standards ~~their~~Codification ~~net~~for ~~book~~disclosures ~~value~~about ~~may~~Impairment ~~not~~or beDisposal ~~recoverable.~~of ~~When~~Long-Lived ~~such~~Assets. ~~factors~~Disclosure ~~and~~requires ~~circumstances~~recognition ~~exist,~~of ~~including~~impairment ~~those~~of ~~noted~~long-lived ~~above,~~assets in the ~~Company~~event ~~compares~~ the ~~assets’~~ ~~carrying~~net ~~amounts~~book ~~against~~value ~~the~~of ~~estimated~~such ~~undiscounted~~assets exceeds its expected cash flows. If so, it is considered to be ~~generated~~ byimpaired ~~those~~and ~~assets~~is ~~over~~written ~~their~~down ~~estimated~~to ~~useful~~fair ~~lives.~~value, Ifwhich ~~the~~is ~~carrying amounts~~determined ~~are~~based ~~greater~~on ~~than~~either ~~the~~discounted ~~undiscounted~~ future cash flows, ~~the~~or ~~fair~~appraised values. ofThe ~~those assets~~Company ~~are~~adopted ~~estimated by discounting~~ the ~~projected~~statement ~~cash~~on ~~flows~~inception. ~~Any~~No ~~excess~~impairments of ~~the carrying~~these ~~amounts~~types ~~over~~of ~~the~~assets ~~fair~~were ~~values~~recognized during ~~are~~the ~~recorded~~years asended ~~impairments~~December in31, ~~that~~2010 ~~fiscal period~~and 2009.

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Table of Contents

NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONT.)

Property and Equipment - Property and equipment is stated at cost. Depreciation is provided by the straight-line method over the estimated economic life of the property and equipment remaining from five to seven years.

When assets are sold or retired, their costs and accumulated deprecation are eliminated from the accounts and any gain or loss resulting from their disposal is included in the statement of operations.

The Company recognizes an impairment loss on property and equipment when evidence, such as the sum of expected future cash flows (undiscounted and without interest charges), indicates that future operations will not produce sufficient revenue to cover the related future costs, including depreciation, and when the carrying amount of the asset cannot be realized through sale. Measurement of the impairment loss is based on the fair value of the assets.

Revenue Recognition – Revenue is recognized when fitness training services are completed provided collection from the client of the resulting receivable is probable. Revenue from product sales is recognized when the products are shipped.

Risk and Uncertainties - The Company is subject to risks common to companies in the service industry, including, but not limited to, litigation, development of new technological innovations and dependence on key personnel.

Cash and Cash Equivalents - For purposes of the Statements of Cash Flows, the Company considers highly liquid investments with an original maturity of three months or less to be cash equivalents.

Share-Based Payments - The Company accounts for ~~share~~stock-based compensation using the fair value method following the guidance set forth in section 718-10 of ~~Financial~~the FASB Accounting ~~Standard~~Standards ~~No.~~Codification ~~123R.~~for ~~Common~~disclosure ~~shares~~about ~~issued~~Stock-Based ~~for~~Compensation. This section requires a public entity to measure the cost of employee services ~~rendered~~received byin aexchange ~~third~~for ~~party~~an ~~(both~~award ~~employees~~of ~~and~~equity ~~non-employees)~~instruments ~~are recorded~~based aton the grant-date fair value of the ~~shares~~award ~~issued~~(with orlimited ~~services~~exceptions). ~~rendered,~~That ~~whichever~~cost will be recognized over the period during which an employee is ~~more~~required ~~readily~~to ~~determinable.~~provide ~~The~~service ~~Company~~in ~~accounts~~exchange for ~~options~~the ~~and~~award- ~~warrants under~~ the ~~same~~requisite ~~authoritative~~service ~~guidance~~period ~~using~~(usually the ~~Black-Scholes~~vesting ~~Option~~period). ~~Pricing~~No compensation ~~Model~~cost is recognized for equity instruments for which employees do not render the requisite service.

Advertising Costs - Advertising costs are expensed as incurred. The Company does not incur any direct-response advertising costs.

Recent Accounting Pronouncements - The Company has reviewed all recently issued, but not yet effective, accounting pronouncements and do not believe the future adoption of any such pronouncements may be expected to cause a material impact on its financial condition or the results of its operations.

EXERCISE FOR LIFE SYSTEMS, INC.

NOTES TO FINANCIAL STATEMENTS

For the Years Ended December 31, 2009 and 2008

NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

FASB Accounting Standards Codification

(Accounting Standards Update (“ASU”) 2009-01)

Subsequent Events

(Included in Accounting Standards Codification (“ASC”) 855 “Subsequent Events”, previously SFAS No. 165 “Subsequent Events”)

SFAS No. 165 established general standards of accounting for and disclosure of events that occur after the balance sheet date, but before the consolidated financial statements are issued or available to be issued (“subsequent events”). An entity is required to disclose the date through which subsequent events have been evaluated and the basis for that date. For public entities, this is the date the consolidated financial statements are issued. SFAS No. 165 does not apply to subsequent events or transactions that are within the scope of other GAAP and did not result in significant changes in the subsequent events reported by the Company. SFAS No. 165 became effective for interim or ~~annual~~ annual periods ending after June 15, 2009 and did not impact the Company’s ~~consolidated~~ ~~financial statements. The Company evaluated for subsequent events through the issuance date of the Company’s~~ consolidated financial statements. ~~No recognized or non-recognized subsequent events were noted.~~

Determination of the Useful Life of Intangible Assets

(Included in ASC 350 “Intangibles — Goodwill and Other”, previously FSP SFAS No. 142-3 “Determination of the Useful Lives of Intangible Assets”)

~~Recent~~Table ~~Accounting Pronouncements (cont.) - statements issued for fiscal years beginning after December 15, 2008, and interim periods within those fiscal years. The adoption~~ of ~~FSP SFAS No. 142-3 did not impact the Company’s consolidated financial statements.~~Contents

NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONT.)

Recent Accounting Pronouncements (cont.)

Noncontrolling Interests

(Included in ASC 810 “Consolidation”, previously SFAS No. 160 “Noncontrolling Interests in Consolidated Financial Statements an amendment of ARB No. 51”)

SFAS No. 160 changed the accounting and reporting for minority interests such that they will be recharacterized as noncontrolling interests and classified as a component of equity. SFAS No. 160 became effective for fiscal years beginning after December 15, 2008 with early application prohibited. The Company implemented SFAS No. 160 at the start of fiscal 2009 ~~and no longer records an intangible asset when the purchase price of a noncontrolling interest exceeds the book value at the time of buyout~~. ~~The adoption of SFAS No. 160 did not have any other material impact on the Company’s financial statements.~~

Consolidation of Variable Interest Entities — Amended

(To be included in ASC 810 “Consolidation”, SFAS No. 167 “Amendments to FASB Interpretation No. 46(R)”)

SFAS No. 167 amends FASB Interpretation No. 46(R) “Consolidation of Variable Interest Entities regarding certain guidance for determining whether an entity is a variable interest entity and modifies the methods allowed for determining the primary beneficiary of a variable interest entity. The amendments include: (1) the elimination of the exemption for qualifying special purpose entities, (2) a new approach for determining who should consolidate a variable-interest entity, and (3) changes to when it is necessary to reassess who should consolidate a variable-interest entity. SFAS No. 167 is effective for the first annual reporting period beginning after November 15, 2009, with earlier adoption prohibited. The Company ~~will~~adopted ~~adopt~~ SFAS No. 167 in fiscal 2010 and does not anticipate any material impact on the Company’s financial statements.

NOTE 2 INCOME TAXES

At December 31, ~~2009~~2010 the Company had federal and state net operating loss carry forwards of approximately $49245,000 that expire in various years through the year ~~2023~~ 2024.

Due to to operating losses, there is no provision for current federal or state income taxes for the years ended December 31, ~~2009~~2010 and ~~2008~~ 2009.

Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amount used for federal and state income tax purposes.

The Company’s deferred tax asset at December 31, ~~2009~~2010 consists of net operating loss carry forwards calculated using federal and state effective tax rates equating to approximately $2098,000 less a valuation allowance in the amount of approximately $2098,000. Because of the Company’s lack of earnings history, the deferred tax asset has been fully offset by a valuation allowance. The valuation allowance increased by approximately $1615,000 and $422,000 for the years ended December 31, ~~2009~~2010 and ~~2008~~2009, respectively.

16The Company’s total deferred tax asset as of December 31, 2010 is as follows:

EXERCISE FOR LIFE SYSTEMS, INC.

Net operating loss carry forwards	$	98,000
Valuation allowance		-98,000

Net deferred tax asset		$ - 0-

~~NOTES~~The reconciliation TOof income taxes computed at the federal and state statutory income tax rate to total income taxes for the years ~~FINANCIAL~~ended ~~STATEMENTS~~December 31, 2010 and 2009 is as follows:

For the Years Ended December 31, 2009 and 2008

Income tax computed at the federal statutory rate	34	%
Income tax computed at the state statutory rate	6	%
Valuation allowance	(40)	%

Total deferred tax asset	0	%

~~NOTE 2 INCOME TAXES~~ (~~CONT.~~27)

~~The Company’s~~Table ~~total deferred tax asset as~~ of ~~December 31, 2009 is as follows:~~Contents

Net operating loss carry forwards $ 20,000

Valuation allowance (20,000)

Net deferred tax asset $ --

======

The reconciliation of income taxes computed at the federal and state statutory income tax rate to total income taxes for the years ended December 31, 2009 and 2008 is as follows:

Income tax computed at the federal statutory rate 34%

Income tax computed at the state statutory rate 6%

Valuation allowance (40%)

Total deferred tax asset 0%

NOTE 3 CAPITAL STOCK

The Company is authorized to issue 100,000,000 common shares at $.0001 par value per share.

During the year ended December 31, ~~2008~~2010, the Company issued 125,000~~,000~~ ~~and 92,500~~ restricted common shares to an unrelated service ~~providers~~provider in exchange ~~for~~ ~~consulting~~for web design, hosting services, toannual beweb site content updates, annual domain name registration and an online marketing program rendered during such year pursuant to a private placement made under Regulation 504. These shares were priced at the private ~~placement~~ placement price of $1 per share which approximated the fair value of the services rendered. The Company recorded $~~109~~25,~~250~~000 in non-cash consulting expense in the accompanying statements of operations during the year ended December 31, ~~2008~~2010 for these shares.

During the year ended December 31, 2008, the Company issued 424,550 common shares to accredited investors in exchange for $24,900 in capital contributions pursuant to a private placement made under Regulation 504.

NOTE 4 INCOME (LOSS) PER SHARE

Income (loss) per share is computed by dividing the net income (loss) by the weighted average number of common shares outstanding during the period. Basic and diluted loss per share was the same for the years ended December 31, ~~2009~~2010 and ~~2008~~ 2009.

NOTE 5 LEASE COMMITMENTS AND RELATED PARTY TRANSACTIONS

The Company has an oral, month-to-month lease with its President. The lease is gratuitous and consists of approximately 100 square feet of office space. The effects of the fair value of rent of its headquarters that is provided by a related party are immaterial to the financial statements taken as a whole.

NOTE 6 SUPPLEMENTAL CASH FLOW INFORMATION

Supplemental disclosures of cash flow information for the years ended December 31, ~~2009~~2010 and ~~2008~~ 2009 are summarized as follows:

Cash paid during the period for interest and income taxes:

2009 2008

	2010		2009
Income Taxes	$--		$--
Interest	$	1,153	$	1,418

Income Taxes $ -- $ --

Interest $ -- $ --

NOTE 7 GOING CONCERN AND UNCERTAINTY

The Company has suffered a loss from operations in 2010 and in 2009. In addition, the Company has generated a negative internal cash flow from its business operations in ~~2008~~ 2010 and has negative working capital at December 31, ~~2009~~2010. These factors raise ~~substantial~~ substantial doubt as to the ability of the Company to continue as a going concern.

Management’s plans with regard to these matters encompass the following actions: 1) obtain funding from new investors to alleviate the Company’s working deficiency, and 2) implement a plan to increase sales. The Company’s continued existence is dependent upon its ability to resolve itits liquidity problems and increase profitability in its current business operations. However, the outcome of management’s plans cannot be ascertained with any degree of certainty. The accompanying financial statements do not include any adjustments that might result from the outcome of these risks and uncertainties.

Due to to business ~~souring~~worsening, a poor economic climate and cash at low levels, management has elected to search for acquisition candidates to enhance value to its shareholders.

17NOTE 8 PROMISSORY NOTE PAYABLE

The Company has an unsecured promissory note due to an unrelated consulting service provider bearing annual interest of 10.00%. The note consists of one balloon payment of principal of $21,000 and interest of $1,925 that was due in August, 2010. The note was fully paid in 2011.

NOTE 9 SUBSEQUENT EVENT

On February 10, 2011, the Company entered into a Plan of Exchange agreement with the shareholders of MediaMatic Ventures Inc., a privately-held company incorporated under the laws of the Province of Alberta, Canada (“MMV”). Pursuant to the agreement, on February 11, 2011 the Company purchased all 15,685,692 of the issued and outstanding common shares of MMV from the MMV shareholders in exchange for issuing 28,000,000 shares of our common stock to the shareholders. MMV and its shareholders represented that on the date of the agreement MMV had total assets of at least $3,200,000 and liabilities of not greater than $850,000 (excluding contingent liabilities). The Company also issued 3,980,000 shares of its common stock to one person who had provided advice in connection with the transaction, 2,737,867 shares of its common stock to each of two persons who assumed responsibility for paying certain of our obligations as required by the exchange agreement and who had provided advice in connection with the transaction, and 876,946 shares to Adam Slazer for his assistance in connection with the transaction. As a result, the Company issued an aggregate of 38,332,680 shares of its common stock, all of which are restricted securities.

The completion of the share exchange was conditioned upon, among other things:

(1) eliminating all known or potential liabilities as of the closing date, including, but not limited to, any accounts payable, accrued expenses, and any liabilities shown on its quarterly report for the period ended September 30, 2010; Mr. Slazer and the pre-exchange shareholders are fully responsible for any unknown or undisclosed liabilities incurred prior to transfer of control under the exchange;

(2) in the event that there comes to exist any expenses concerning any known or unknown lawsuit, legal dispute or any correlation expense caused by the pre-exchange Company and its shareholders, Mr. Slazer and the pre-exchange shareholders shall undertake full responsibility and afford the correlation expenses after the closing;

(3) stock certificates representing 9,884,730 shares of its common stock (representing approximately 85% of our outstanding stock prior to the consummation of the exchange) owned by Adam Slazer are being delivered for cancellation, in consideration for which Jeremy Ostrowski, one of the MMV shareholders, is providing a $75,000 promissory note; the promissory note will not bear interest, will be due on August 9, 2011, and will be collateralized by 375,000 shares of our common stock owned the two of the pre-exchange shareholders;

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Table of Contents

NOTE 9 SUBSEQUENT EVENT (CONT.)

As required by the exchange agreement, the directors prior to the exchange have resigned and five persons identified herein were appointed our directors. In addition, Adam Slazer, has resigned as the Company’s President and sole officer and Jeremy Ostrowski has been appointed as the Company’s President and sole officer.

As a result of the exchange, MMV is now the Company’s wholly owned subsidiary, and the Company has adopted the business of MMV, which is the providing of multimedia kiosks throughout Canada.

Before the closing of the share exchange, the Company had 11,552,050 issued and outstanding shares of its common stock. At the closing, (i) the Company issued 28,000,000 shares of its common stock to the MMV shareholders, (ii) the Company issued an aggregate of 10,332,680 shares of its common stock to four persons as described above, and (iii) Adam Slazer agreed to deliver for cancellation 9,884,730 shares of common stock owned by him. As a result of such transactions, the Company has 40,000,000 shares of common stock outstanding.

The shares issued in the share exchange and the shares issued to four other persons at the closing of the share exchange were issued in reliance upon an exemption from registration pursuant to Rule 506 of Regulation D and/or Section 4(2) under the Securities Act of 1933, as amended (the “Securities Act”).

The share exchange is being accounted for as an acquisition for accounting purposes, as MMV is now a wholly owned subsidiary. Consequently, the assets, liabilities and historical operations of MMV will only be reflected in future consolidated financial statements after the completion of the share exchange, as will the operations since the closing of the share exchange.

Note 10: Correction of Errors and Restatements

The Company has restated its beginning balances for 2009, as well as the balance sheet and statement of operations for 2009 to correct errors in its accounting. The Company incurred transfer agent fees in 2008 and 2009 that were not recorded. The Company also failed to record professional fees for the services provided by GreenTree Financial Group in 2008 and 2009. The December 31, 2009 financial statement was also restated to remove property and equipment that was improperly recorded on the balance sheet of the Company. The beginning balances, December 31, 2008, in the statement of stockholders’ equity (deficit) have been restated to correct the errors from 2008 detailed above. The December 31, 2009 balance sheet and income statements have been restated to correct these errors.

The following are the previous and corrected balances as of and for the year ended December 31, 2009:

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Note 10: Correction of Errors and Restatements (CONT.)

EXERCISE FOR LIFE SYSTEMS, INC.
CONSOLIDATED BALANCE SHEET


ASSETS	As of December 31, 2009
	Restated			Adjustments			As filed
CURRENT ASSETS:
Cash	$	4,918		$	—		$	4,918
TOTAL CURRENT ASSETS		4,918			—			4,918

FIXED ASSETS:
Machinery and equipment		13,763			(42,327	)		56,090
Accumulated depreciation		(10,703	)		33,860			(44,563	)
TOTAL FIXED ASSETS		3,060			(8,467	)		11,527

TOTAL ASSETS	$	7,978		$	(8,467	)	$	16,445

LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

CURRENT LIABILITIES
Accounts payable	$	53,322		$	11,915		$	41,407
Accrued interest payable		—			—			—
Promissory note payable		—			—			—
TOTAL CURRENT LIABILITIES		53,322			11,915			41,407

STOCKHOLDERS' EQUITY (DEFICIT)
Common stock ($.0001 par value, 100,000,000 shares authorized; 11,552,050 and 11.527,050 shares issued and outstanding at December 31, 2010 and December 31, 2009, respectively)		1,153			—			1,153
Additional paid in capital		152,553			—			152,553
Retained deficit		(199,050	)		(20,382	)		(178,668	)
TOTAL STOCKHOLDERS' EQUITY (DEFICIT)		(45,344	)		(20,382	)		(24,962	)

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	$	7,978		$	(8,467	)	$	16,445

Note 10: Correction of Errors and Restatements (CONT.)

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EXERCISE FOR LIFE SYSTEMS, INC.
CONSOLIDATED STATEMENT OF OPERATIONS


	For the year ended December 31, 2009
	Restated			Adjustments			As filed
REVENUES:
Sales	$	45,666		$	—		$	45,666
Cost of sales		(9,215	)		—			(9,215	)
Gross profit		36,451			—			36,451

EXPENSES:
Selling, general and administrative expenses		64,788			(10,265	)		75,053
Total expenses		64,788			(10,265	)		75,053

(Loss) from operations	$	(28,337	)	$	10,265		$	(38,602	)

Interest expense		—			—			—

Loss before income taxes		(28,337	)		10,265			(38,602	)

Provision for income taxes		—			—			—

NET (LOSS)	$	(28,337	)	$	10,265		$	(38,602	)

Basic and fully diluted net (loss) per common share:		$ *		$	—			$ *

Weighted average common shares outstanding		11,527,050			—			11,527,050

* less than $.01 per share

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ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE

None.

ITEM 9A. CONTROLS AND PROCEDURES

We maintain disclosure controls and procedures designed to ensure that information required to be disclosed in reports filed under the Securities Exchange Act of 1934 (“Exchange Act”) is recorded, processed, summarized and reported within the specified time periods. Our Chief Executive Officer and our Chief Financial Officer (collectively, the “Certifying Officers”) are responsible for maintaining our disclosure controls and procedures. The controls and procedures established by us are designed to provide reasonable assurance that information required to be disclosed by the issuer in the reports that it files or submits under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the Commission’s rules and forms.

To evaluate the effectiveness of our internal controls over financial reporting, we have adopted the framework prescribed by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). We believe that this framework will assist in the provision of reasonable assurance of the effectiveness and efficiency of operations, the reliability of financial reporting, and compliance with applicable laws and regulations. In adopting the COSO framework, we maintain a control environment, perform risk assessments, carry out control activities, emphasize quality information and effective communication, and perform monitoring. In the maintenance of a control environment, we are committed to integrity and ethical values as well as to competence. We strive to assign authority and responsibility in a manner that supports our internal controls, and we also maintain human resources policies and procedures designed to support our internal controls. Our risk assessments are designed to ensure the achievement of company-wide and process-level objectives as well as to identify and analyze risks while managing change. We believe that all of these components together form a foundation for sound internal control through directed leadership, shared values and a culture that emphasizes accountability for control.

As of the end of the period covered by this report, the Certifying Officers evaluated the effectiveness of our disclosure controls and procedures. Based on the evaluation, the Certifying Officers concluded that our disclosure controls and procedures were effective to provide reasonable assurance that information required to be disclosed by us in the reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the applicable rules and forms, and that it is accumulated and communicated to our management, including the Certifying Officers, as appropriate to allow timely decisions regarding required disclosure.

The Certifying Officers have also concluded, based on our evaluation of our controls and procedures that as of December 31, ~~2009~~2010, our internal controls over financial reporting are effective and provide a reasonable assurance of achieving their objective.

Due to its inherent limitations, internal control over financial reporting may not prevent or detect misstatements under all potential conditions. Therefore, effective internal control over financial reporting provides only reasonable, and not absolute, assurance that a restatement of our financial statements would be prevented or detected.

This annual report does not include an attestation report of our registered public accounting firm regarding internal control over financial reporting. Management's report was not subject to attestation by our registered public accounting firm pursuant to temporary rules of the Securities and Exchange Commission that permit us to provide only management's report in this annual report.

Changes in Internal Control Over Financial Reporting

There were no changes in the 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.

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ITEM 9A(T). CONTROLS AND PROCEDURES

(a) Conclusions regarding disclosure controls and procedures. Disclosure controls and procedures are the Company’s controls and other procedures that are designed to ensure that information required to be disclosed by the Company in the reports that the Company files or submits under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the Securities and Exchange Commission’s rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by the Company in the reports that it files under the Exchange Act is accumulated and communicated to the Company’s management, including its Chief Executive Officer and Chief Financial Officer, as appropriate to allow timely decisions regarding required disclosure. Management is responsible for establishing and maintaining adequate internal control over financial reporting.

Under ~~the~~ the supervision and with the participation of our management, including our principal executive officer and principal financial officer, we conducted an evaluation of our disclosure controls and procedures, as such term is defined under Rule 13a-14(c) promulgated under the Exchange Act as of December 31, ~~2009~~2010, and, based on their evaluation, as of the end of such period, the our disclosure controls and procedures were effective as of the end of the period covered by the Annual Report,

(b) Management’s Report On Internal Control Over Financial Reporting. It is management’s responsibilities to establish and maintain adequate internal controls over the Company’s financial reporting. Internal control over financial reporting is defined in Rule 13a-15(f) or 15d-15(f) promulgated under the Exchange Act as a process designed by, or under the supervision of, the issuer’s principal executive and principal financial officers and effected by the issuer’s management and other personnel, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles and includes those policies and procedures that:

• Pertain to the maintenance of records that in reasonable detail accurately and fairly reflect the transactions and dispositions of the assets of the issuer; and

• Provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles and that receipts and expenditures of the issuer are being made only in accordance with authorizations of management of the issuer; and

• Provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of the issuer’s assets that could have a material effect on the financial statements.

As of the end of the period covered by the Annual Report, an evaluation was carried out under the supervision and with the participation of our management, including our Chief Executive Officer and Chief Financial Officer, of the effectiveness of our internal control over financial reporting.

Management assessed the effectiveness of our internal control over financial reporting as of December 31, ~~2009~~2010. In making this assessment, management used the criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission in Internal Control-Integrated Framework.

Based on that evaluation, our Chief Executive Officer and Chief Financial Officer have concluded that, as of the end of such period, internal controls over financial reporting were effective as of the end of the period covered by the Report.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. All internal control systems, no matter how well designed, have inherent limitations. Therefore, even those systems determined to be effective can provide only reasonable assurance with respect to financial statement preparation and presentation. Because of the inherent limitations of internal control, there is a risk that material misstatements may not be prevented or detected on a timely basis by internal control over financial reporting. However, these inherent limitations are known features of the financial reporting process. Therefore, it is possible to design into the process safeguards to reduce, though not eliminate, this risk.

This Annual Report does not include an attestation report of our registered public accounting firm regarding internal control over financial reporting. Management’s report was not subject to attestation by our registered public accounting firm pursuant to temporary rules of the Securities and Exchange Commission that permit us to provide only management’s report in this Annual Report.

(c) Changes in internal control over financial reporting. There were no changes in our internal control over financial reporting identified in connection with the evaluation required by paragraph (d) of Exchange Act Rules 13a-15 or 15d-15 that occurred during our last fiscal quarter that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

ITEM 9B. OTHER INFORMATION

None.

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PART III

ITEM 10. DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS; COMPLIANCE WITH SECTION 16(A) OF THE EXCHANGE ACT

Directors and Executive Officers

Our Bylaws state that our authorized number of directors shall be not less than three if there are ~~elected~~three ator more shareholders. In connection with the ~~annual~~share ~~meeting~~exchange, the directors of ~~shareholders~~the ~~and~~Company ~~hold~~appointed ~~office~~the ~~for one~~five ~~year~~current ~~and~~directors ~~until~~identified ~~their~~below ~~successors~~and ~~are~~then resigned ~~elected~~as ~~and~~directors ~~qualified~~of the Company. In ~~Our~~addition, ~~officers~~Adam ~~are appointed~~Slazer byresigned as the ~~Board~~sole officer of ~~Directors~~the Company and ~~serve~~has been atreplaced ~~the~~by ~~pleasure~~Jeremy Ostrowski as President, Secretary and Treasurer (Chief Financial and Accounting Officer) of the ~~Board~~Company. We It ~~have~~is ~~not~~anticipated ~~entered~~that ~~into~~additional ~~any~~persons ~~employment~~will ~~agreements~~be ~~with~~appointed ~~our~~as ~~executive~~ officers of the Company in the near future.

NAME		AGE			POSITION
Name	Age	Position	Commenced	Resigned
Adam Slazer	43	Former Founder, Former President, Former Chief Former Executive Officer, and Former Director	41Since inception	February 10, 2011	~~Founder, President, Chief Executive Officer, and Director~~
Jeremy Ostrowski	44	President, Secretary and Treasurer (Chief Financial and Accounting Officer)	February 10
Al Hayes	43	Director	February 10
Neil Hudd	65	Director	February 10
Gerald Lotterstein	76	Director	February 10
Terry O’Hearn	45	Director	February 10

Adam Slazer, ~~Founder~~age 43, ~~President~~has lived by his deep-rooted inner vision of exercise and fitness since 1991. He created Exercise for Life Systems, ~~CEO~~Inc. to teach people the practical side and tremendous benefits of exercise. With spirited enthusiasm and absolute professionalism, he instructs and ~~Director~~motivates a wide range of clients to achieve and maintain their health and fitness goals. His knowledge and passion for fitness have helped many people make a lifetime commitment to their health and to themselves. Adam is a certified personal trainer with a Bachelor of Science degree in physical education from Southern Connecticut State University. In addition to guiding women, men, athletes, and executives down the fitness road, his experience includes working with the strength coach for the New York Yankees.

~~Since~~Jeremy ~~1991~~Ostrowski, ~~Adam~~age ~~Slazer~~44, has ~~lived~~been byPresident, ~~his~~Chief ~~deep-rooted~~Executive ~~inner~~Officer ~~vision~~and Chairman of ~~exercise~~the ~~and fitness. He~~Board ~~created~~of ~~Exercise~~MMV ~~for~~since ~~Life~~it’s ~~Systems,~~founding in ~~Inc~~2006. Mr. toOstrowski ~~teach~~has ~~people the~~an ~~practical~~extensive ~~side~~background in technology and ~~tremendous~~marketing. ~~benefits~~He was named “One of ~~exercise. With~~the ~~spirited~~Top ~~enthusiasm~~30 ~~and~~Canadian ~~absolute~~Entrepreneurs ~~professionalism,~~under hethe ~~instructs~~age ~~and~~of ~~motivates~~30” aby ~~wide~~Southern ~~range of~~Alberta ~~clients~~Business toMagazine ~~achieve~~in ~~and~~the ~~maintain~~fall ~~their~~of ~~health~~1994. ~~and~~He ~~fitness~~has consulted ~~goals. His~~on ~~knowledge~~the ~~and~~development ~~passion~~of ~~for~~medical ~~fitness~~care ~~have~~card ~~helped~~systems ~~many~~in ~~people make~~third aworld ~~lifetime~~nations. ~~commitment~~He towas ~~their~~instrumental ~~health~~in ~~and~~developing tothe ~~themselves. Adam~~technology isthat acombined ~~certified~~an ~~personal~~extensive ~~trainer~~database ~~with~~to atrack ~~Bachelor~~individual ofconsumer ~~Science~~accounts ~~degree~~with inremote ~~physical education~~POS ~~from~~terminals, ~~Southern~~which ~~Connecticut~~is ~~State~~now ~~University~~commonplace. In ~~addition to~~2006, ~~guiding~~Jeremy ~~women,~~took ~~men,~~his ~~athletes,~~cutting ~~and~~edge ~~executives~~technology ~~down~~to the ~~fitness~~next ~~road,~~level ~~his experience~~and ~~includes~~founded ~~working~~MMV. ~~with~~He ~~the~~is ~~strength~~actively ~~coach~~involved ~~for~~in the ~~New~~creation ~~York~~and development ~~Yankees~~of new products, infrastructure, systems architecture and marketing channels.

Al Hayes, age 43, has been the President of AH Motion Pictures since November 2009, and was the Chief Executive Officer of Public Media Works from November 2007 until November 2009 and the Chief Executive Officer of Chicago Pictures from December 2006 until October 2007. It is anticipated that Mr. Hayes will provide to the Registrant expertise in the areas of media contacts, digital rights issues and financial advice. He may also be considered for an executive position with the Registrant.

Neil Hudd, age 65, has been Chairman of the Board of Ash Payment Solutions, a leader in the payments industry specializing in payment hardware, payment processing services, self-service retail platforms and technical support services, since March 2008, and was a Senior Vice President of Hypercom Corp from may 2005 until March 2008.

Gerald Lotterstein, age 76, has been recognized as one of the leading video marketing and distribution experts in the United States, having rented and sold more than 7 million videos during his career. He created the concept of the Video Super Store at a time when video rental stores wee only 1000 sq. ft. Based upon his unique concept, Mr. Lotterstein opened retail stores from 6,000 sq. ft. up to 17,000 sq. ft. After having built and managed over 100 Video Super Stores, Mr. Lotterstein then sold a majority of his stores to Blockbuster Video. Since 2004, Mr. Lotterstein, has been involved in the marketing and distribution of drug test kits to employers and parents as President of The Drug Test Consultant. It is anticipated that Mr. Lotterstein will become Chairman of the Board of the Company, with primary responsibility for business development.

Terry O’Hearn, age 45, has studied economics and accounting. Mr. O’Hearn is a successful entrepreneur with a passion for business. Over the last 25 years Mr. O’Hearn has been involved in senior executive roles in more than 12 businesses. As founder, President and Chief Executive Officer of Outdoor Access Group (“OAG”), he built a successful chain of retail stores that spanned Canada. Over a 10-year period, OAG maintained a compounded annual growth rate of 43%. OAG has a staff of 250. Mr. O’Hearn’s methodical approach to the creation of strategic supply channels, along with a focus on continuous improvement of margins, were key in establishing solid financial fundamentals for OAG’s activities. As a founder and the Chief Executive Officer of iMOZI Canada Inc., Mr. O’Hearn has applied these same business fundamentals in building iMOZI into one of the world’s preeminent automated self-service technology companies. Combining his sound understanding of corporate finance with a grasp of business dynamics, Mr. O’Hearn will lend his experience and knowledge to growing the Company.

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Family Relationships.

None.

Legal Proceedings.

No officer, director, or persons nominated for such positions and no promoter or significant employee has been involved in legal proceedings that would be material to an evaluation of our management.

Audit Committee

We do not have a separately designated standing audit committee. Pursuant to Section 3(a)(58)(B) of the Exchange Act, the entire Board of Directors acts as an audit committee for the purpose of overseeing the accounting and financial reporting processes, and audits of our financial statements. The Commission recently adopted new regulations relating to audit committee composition and functions, including disclosure requirements relating to the presence of an "audit committee financial expert" serving on its audit committee. In connection with these new requirements, our Board of Directors examined the Commission's definition of "audit committee financial expert" and concluded that we do not currently have a person that qualifies as such an expert. We have had minimal operations for the past two (2) years. Presently, there is only one director serving on our Board, and us are not in a position at this time to attract, retain and compensate additional directors in order to acquire a director who qualifies as an "audit committee financial expert", but we intend to retain an additional director who will qualify as such an expert, as soon as reasonably practicable. While neither of our current directors meets the qualifications of an "audit committee financial expert", each of our directors, by virtue of his past employment experience, has considerable knowledge of financial statements, finance, and accounting, and has significant employment experience involving financial oversight responsibilities. Accordingly, we believe that our current director capably fulfills the duties and responsibilities of an audit committee in the absence of such an expert.

Code of Ethics

We have adopted a code of ethic (the "Code of Ethics") that applies to our principal chief executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions. The Code of Ethics is being designed with the intent to deter wrongdoing, and to promote the following:

• Honest and ethical conduct, including the ethical handling of actual or apparent conflicts of interest between personal and professional relationships

• Full, fair, accurate, timely and understandable disclosure in reports and documents that a small business issuer files with, or submits to, the Commission and in other public communications made by the small business issuer

• Compliance with applicable governmental laws, rules and regulations

The prompt internal reporting of violations of the code to an appropriate person or persons identified in the code

• Accountability for adherence to the code

Section 16(a) Beneficial Ownership Reporting Compliance

Under Section 16(a) of the Exchange Act, all executive officers, directors, and each person who is the beneficial owner of more than 10% of the common stock of a company that files reports pursuant to Section 12 of the Exchange Act, are required to report the ownership of such common stock, options, and stock appreciation rights (other than certain cash-only rights) and any changes in that ownership with the Commission. Specific due dates for these reports have been established, and we are required to report, in this Form 10-K, any failure to comply therewith during the fiscal year ended December ~~2009~~2010. We believe that all of these filing requirements were satisfied by our executive officers, directors and by the beneficial owners of more than 10% of our common stock. In In making this statement, we have relied solely on copies of any reporting forms received by it, and upon any written representations received from reporting persons that no Form 5 (Annual Statement of Changes in Beneficial Ownership) was required to be filed under applicable rules of the Commission.

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ITEM 11. EXECUTIVE COMPENSATION

The following table sets forth for the fiscal year ended December 31, 2010, 2009, 2008, ~~2007,~~ the compensation awarded to, paid to, or earned by, and our executive officers:

SUMMARY COMPENSATION TABLE
Name and principal position (a)	Year (b)	Salary ($) (c)	Bonus ($) (d)	Stock Awards ($) (e)	Option Awards ($) (f)	Non-Equity Incentive Plan Compensation ($) (g)	Nonqualified Deferred Compensation Earnings ($) (h)	All Other Compensation ($) (i)	Total ($) (j)
Adam Slazer	2010 2009 2008 ~~2007~~	$11,096 $3,000 $4,800 ~~$6,000~~	-	-	-	-	-	-	$11,096 $3,000 $4,800 ~~$6,000~~

Outstanding Equity Awards At Fiscal Year-End Table

None.

Option Exercises And Stock Vested Table

None.

Pension Benefits Table

None.

Nonqualified Deferred Compensation Table

None.

All Other Compensation Table

None.

Perquisites Table

None.

Potential Payments Upon Termination Or Change In Control Table

None.

Long-Term Incentive Plan Awards

We do not have any long-term incentive plans that provide compensation intended to serve as incentive for performance to occur over a period longer than one fiscal year, whether such performance is measured by reference to our financial performance, our stock price, or any other measure.

Compensation of Directors

The directors did not receive any other compensation for serving as members of the board of directors. The Board has not implemented a plan to award options. There are no contractual arrangements with any member of the board of directors.

We do not intend to pay any additional compensation to our directors. As of the date hereof, we have not entered into employment contracts with any of our officers and we do not intend to enter into any employment contracts until such time as it profitable to do so

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ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCK HOLDER MATTERS.

As of April 1215, ~~2010~~2011, we had 3659 active stockholders of record and 1140,~~527~~000,~~050~~000 shares of our Common Stock outstanding. The following table sets forth as of April 1215, ~~2010~~2011, certain information with respect to the beneficial ownership of Common Stock by (i) each of our Director, nominee and executive officer; (i) each person who owns beneficially more than 5% of the common stock; and (iii) all Directors, nominees and executive officers as a group. The percentage of shares beneficially owned is based on ~~there~~their having been 1140,~~527~~000,~~050~~000 shares of our Common Stock outstanding as of April 1215, ~~2010~~ 2011.

OFFICERS, DIRECTORS AND BENEFICIAL OWNERS, AS OF APRIL 1215, ~~2010~~2011

Name of Beneficial Owner		Number of Shares of Common Stock (1)			Percent of Class
Title of Class	Name and Address of Beneficial Owner		Amount and Nature of Beneficial Ownership						Percent of Class
Adam Slazer			10,000,000			86.75	%
Common Stock	Jeremy Ostrowski*			20,073,410			(1	)		50.18	%
Greentree Financial Group, Inc.			1,000,000			8.67	%
Common Stock	Al Hayes*			0						—
All Directors and executive officers of the Company as a group (1 person)			10,000,000			86.75	%
Common Stock	Neil Hudd*			0						—
Common Stock	Gerald Lotterstein*			0						—
Common Stock	Terry O’Hearn*			3,213,119			(2	)		8.03	%
Common Stock	All Directors and Officers as a Group (5 persons)			23,286,529			(1	)(2)		58.22	%
Common Stock	Jocelyne Hughes-Ostrowski*			20,073,410			(3	)		50.2	%
Common Stock	iMOZI Canada, Inc. 4811 Fannin Avenue Vancouver, BC V6T 1B1			3,213,119						8.03	%
Common Stock	Greentree Financial Group, Inc. 7951 SW 6th Street, Suite 216 Plantation, FL 33324			2,397,867						5.99	%
Common Stock	Linear Capital Group, Inc. 11693 San Vicente Blvd., Suite 824 Los Angeles, CA 90049			2,087,867						5.22	%
	MergersLawyer.net, Inc. 8950 W. Olympic Blvd., Suite 576 Beverly Hills, CA 90211			3,780,000						9.45

(1) Based on 11,527,050 issued and outstanding shares of common stock.

*	The business address of the directors of the Company is 225 Railway Street East, Unit B, Cochrane, Alberta, Canada T4C 2C3.
(1)	Includes 9,103,837 shares of common stock owned of record by Jocelyn Hughes-Ostrowski, spouse of Jeremy Ostrowski.

(2)	Includes 3,213,119 shares of common stock owned of record by iMOZI Canada, Inc., which is controlled by Mr. O’Hearn.
(3)	Includes 10,969,573 shares of common stock owned of record by Jeremy Ostrowski, spouse of Jocelyn Hughes-Ostrowski.

Changes in Control

~~None~~On February 10, 2011, the Company entered into a Plan of Exchange agreement with MediaMatic Ventures Inc., a privately-held company incorporated under the laws of the Province of Alberta, Canada (“MMV”), and the shareholders of MMV (the “MMV Shareholders”). Pursuant to the agreement, on February 11, 2011 we purchased all 15,685,692 of the issued and outstanding common shares of MMV from the MMV Shareholders in exchange for issuing 28,000,000 shares of our common stock to the MMV Shareholders. MMV and MMV Shareholders represented that on the date of the agreement MMV had total assets of at least $3,200,000 and liabilities of not greater than $850,000 (excluding contingent liabilities).

The completion of the share exchange was conditioned upon, among other things:

(1) our eliminating all of our known or potential liabilities as of the closing date, including, but not limited to, any accounts payable, accrued expenses, and any liabilities shown on its quarterly report for the period ended September 30, 2010; Adam Slazer, our prior President and sole officer (“Mr. Slazer”) and our pre-exchange shareholders are fully responsible for any unknown or undisclosed liabilities incurred prior to transfer of control under the exchange;

(3) stock certificates representing 9,884,730 shares of our common stock (representing approximately 85% of our outstanding stock prior to the consummation of the exchange) owned by Adam Slazer are being delivered for cancellation, in consideration for which Jeremy Ostrowski, one of the MMV shareholders, is providing a $75,000 promissory note; the promissory note will not bear interest, will be due on August 9, 2011, and will be collateralized by 375,000 shares of our common stock owned the two of our pre-exchange shareholders;

As required by the exchange agreement, our directors prior to the exchange have resigned and five persons identified herein were appointed our directors. In addition, Adam Slazer, has resigned as our President and sole officer and Jeremy Ostrowski has been appointed as our President and sole officer.

The share exchange is being accounted for as an acquisition for accounting purposes, as MMV is now our wholly owned subsidiary. Consequently, the assets, liabilities and historical operations of MMV will only be reflected in our consolidated financial statements after the completion of the share exchange, as will our operations since the closing of the share exchange.

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ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE

None.

ITEM 14. PRINCIPAL ACCOUNTING FEES AND SERVICES

Fees Billed For Audit and Non-Audit Services

The following table represents the aggregate fees billed for professional audit services rendered to the independent auditor, ~~Traci J. Anderson~~Silberstein Ungar, ~~CPA~~ PLLC ("~~Anderson~~Silberstein") for our audit of the annual financial statements for the years ended December 31, ~~2009~~2010 and ~~2008~~ 2009. Audit fees and other fees of auditors are listed as follows:

Year Ended December 31	~~2009~~2010	~~2008~~2009
		Anderson
Audit Fees (1)	$ 2,000	$	2,000	(3)
Audit Fees (1)	$ 5,000	$	3,500	(3)
Audit-Related Fees (4)			--
Tax Fees (5)			--
All Other Fees (6)			--
Total Accounting Fees and Services	$ 52,000	$	32,~~500~~000

	(1)	Audit Fees. These are fees for professional services for the audit of our annual financial statements, and for the review of the financial statements included in our filings on Forms 10-Q, and for services that are normally provided in connection with statutory and regulatory filings or engagements.
	(2)	The amounts shown for ~~Anderson~~Silberstein relate to services in connection with consents and assistance with and review of documents filed with the Securities and Exchange Commission.

	(3)	Audit-Related Fees. These are fees for the assurance and related services reasonably related to the performance of the audit or the review of our financial statements.
	(4)	Tax Fees. These are fees for professional services with respect to tax compliance, tax advice, and tax planning.

(5)

All Other Fees. These are fees for permissible work that does not fall within any of the other fee categories, i.e., Audit Fees, Audit-Related Fees, or Tax Fees.

Pre-Approval Policy for Audit and Non-Audit Services

We do not have a standing audit committee, and the full Board performs all functions of an audit committee, including the pre-approval of all audit and non-audit services before we engage an accountant. All of the services rendered to us by ~~Traci~~Silberstein ~~J. Anderson CPA~~ were pre-approved by our Board of Directors.

We are presently working with its legal counsel to establish formal pre-approval policies and procedures for future engagements of our accountants. The new policies and procedures will be detailed as to the particular service, will require that the Board or an audit committee thereof be informed of each service, and will prohibit the delegation of pre-approval responsibilities to management. It is currently anticipated that our new policy will provide (i) for an annual pre-approval, by the Board or audit committee, of all audit, audit-related and non-audit services proposed to be rendered by the independent auditor for the fiscal year, as specifically described in the auditor's engagement letter, and (ii) that additional engagements of the auditor, which were not approved in the annual pre-approval process, and engagements that are anticipated to exceed previously approved thresholds, will be presented on a case-by-case basis, by the President or Controller, for pre-approval by the Board or audit committee, before management engages the auditors for any such purposes. The new policy and procedures may authorize the Board or audit committee to delegate, to one or more of its members, the authority to pre-approve certain permitted services, provided that the estimated fee for any such service does not exceed a specified dollar amount (to be determined). All pre-approvals shall be contingent on a finding, by the Board, audit committee, or delegate, as the case may be, that the provision of the proposed services is compatible with the maintenance of the auditor's independence in the conduct of its auditing functions. In no event shall any non-audit related service be approved that would result in the independent auditor no longer being considered independent under the applicable rules and regulations of the Securities and Exchange Commission.

(a) On December 31, ~~2009~~2010, our Chief Executive Officer and Chief Financial Officer made an evaluation of our disclosure controls and procedures. In our opinion, the disclosure controls and procedures are adequate because the systems of controls and procedures are designed to assure, among other items, that 1) recorded transactions are valid; 2) valid transactions are recorded; and 3) transactions are recorded in the proper period in a timely manner to produce financial statements which present fairly the financial condition, results of operations and cash flows for the respective periods being presented. Moreover, the evaluation did not reveal any significant deficiencies or material weaknesses in our disclosure controls and procedures.

(b) There have been no significant changes in our internal controls or in other factors that could significantly affect these controls since the last evaluation.

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PART IV

ITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES

(a)	Financial Statements

1. The following financial statements of Exercise for Life Systems, Inc. are included in Part II, Item 8:

Report of Independent Registered Public Accounting Firm Balance Sheet at December 31, 2010 and 2009

Statements of Operations - for the years ended December 31, ~~2009~~2010 and ~~2008~~ 2009

Statements of Cash Flows - for the years ended December 31, ~~2009~~2010 and ~~2008~~2009

Statements of Stockholders’ Equity - for the years ended December 31, ~~2009~~2010 and ~~2008~~ 2009

Notes to Financial Statements

2. Exhibits

14.1 Code of Ethics *

31.1. Rule 13a-14(a)/15d-14(a) Certifications of Chief Executive Officer and Chief Financial Officer

32.1. Section 1350 Certifications of Chief Executive Officer and Chief Financial Officer

* Filed previously.

(b)	Reports on Form 8-K

~~None~~1. On September 15, 2010, we filed a Current Report on Form 8-K announcing that effective September 5, 2010, the client-auditor relationship between us and Traci J. Anderson, CPA (the "Former Auditor") was terminated upon the dismissal.

212. On January 13, 2011, we filed a Current Report on Form 8-K announcing the engagement of Silberstein Ungar, PPLC as our independent registered accounting firm.

3. On February 10, 2011, we filed a Current Report on Form 8-K announcing the appointment of our two new directors.

4. On February 11, 2011, we filed a Current Report on Form 8-K to announce that we entered into a Plan of Exchange agreement with MediaMatic Ventures Inc., a privately-held company incorporated under the laws of the Province of Alberta, Canada (“MMV”), and the shareholders of MMV.

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SIGNATURES

Pursuant to the requirement of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Exercise for Life Systems, Inc.

Date: ~~April~~ ~~12,~~April ~~2010~~ 15, 2011 By: /s/ ~~Adam Slazer~~Jeremy Ostrowski

~~Adam~~ Jeremy ~~Slazer~~Ostrowski

President, Secretary and Treasurer

(Chief Financial and Accounting Officer)

Filing Compare · EXERCISE FOR LIFE SYSTEMS, INC.