UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 10-Q

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

For the quarterly period ended September 30, 2009.

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

For the transition period from to .

JAMAICA JIM, INC.

(Exact name of issuer as specified in its charter)

Nevada		26-2342913
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification Number)
8001 Irvine Center Drive Irvine, California, 92618		92807
(Address of principal executive offices)		(Zip code)

Issuer's telephone number: (949) 309-3099

Former fiscal year-end: September 30

Former address: 360 Main Street, Washington, VA 22747

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

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes o No o

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


Large accelerated filero		Accelerated filero		Non-accelerated filero		Smaller reporting companyx

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

As of September 30, 2009, there were 12,506,732 shares of the Registrant's common stock issued and outstanding.

INDEX

		PAGE
PART I - FINANCIAL INFORMATION

Item 1.	Financial Statements		3

	Consolidated Balance Sheets		3

	Consolidated Statements of Operations		4

	Consolidated Statements of Cash Flows		5

	Notes to Financial Statements		6

Item 2.	Management's Discussion and Analysis of Financial Condition and Results of Operations		12

Item 3.	Quantitative and Qualitative Disclosures About Market Risk		18

Item 4T.	Controls and Procedures		18

PART II - OTHER INFORMATION

Item 1.	Legal Proceedings		19
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds		19
Item 3.	Defaults Upon Senior Securities		19
Item 4.	Submission of Matters to a Vote of Security Holders		19
Item 5.	Other Information		19
Item 6.	Exhibits		19

SIGNATURES			20

PART I -- FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

JAMAICA JIM, INC.

(A DEVELOPMENT STAGE COMPANY)

BALANCE SHEETS

(unaudited)

Balance Sheet	As of			As of
	September 30, 2009			March 31, 2009

ASSETS

CURRENT ASSETS-
Cash and cash equivalents	$	1,992		$	314

TOTAL CURRENT ASSETS		1,992			314

NONCURRENT ASSETS:
Property and equipment, net of accumulated depreciation of $19,433 and $7,829		64,567			79,882
Trademarks		4,247			3,900
Due from Shareholder		1,893			-

TOTAL ASSETS	$	72,699		$	84,096

LIABILITIES AND STOCKHOLDERS' DEFICIT

CURRENT LIABILITIES:
Accounts payable	$	237,585		$	131,717
Accrued salaries and wages		90,677			92,094
Accrued lease termination		65,000			238,908
Accrued related party interest payable		28,005			19,560
Demand advances		85,000			-
Other accrued expenses		5,786			1,714
Current portion of notes payable - related parties		70,012			55,480

TOTAL CURRENT LIABILITIES		582,065			539,473

NONCURRENT LIABILITIES-
Notes payable - related parties, net of current portion		270,960			290,752

TOTAL LIABILITIES		853,025			830,225

STOCKHOLDERS' DEFICIT:

Preferred stock, $0.001 par value; 5,000,000 shares authorized; no shares issued and outstanding		-			-
Common stock, $0.001 par value; 50,000,000 shares authorized; 12,506,732 and 9,484,999 shares issued and outstanding at September 30, 2009 and March 31, 2009		12,506			9,484
Additional paid-in capital		1,776,463			923,985
Deficit accumulated during the development stage		(2,569,295	)		(1,679,598	)

TOTAL STOCKHOLDERS' DEFICIT		(780,326	)		(746,129	)

TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$	72,699		$	84,096

See accompanying notes to financial statements.

JAMAICA JIM, INC.

(A DEVELOPMENT STAGE COMPANY)

STATEMENTS OF OPERATIONS

(unaudited)

	For the three			For the three			For the six			From Inception			From Inception
	months ended			months ended			months ended			through			through
	September 30, 2009			September 30, 2008			September 30, 2009			September 30, 2008			September 30, 2009

Subscription revenue	$	14,948		$	-		$	30,797		$	-		$	61,144

Operating expenses
General and administrative expenses		153,531			288,933			843,060			289,735			1,703,478
Sales and marketing		41,729			17,125			64,482			19,125			236,004
Product design		103,302			35,761			182,440			66,595			445,132
Total operating expenses		298,562			341,819			1,089,982			375,455			2,384,614

OPERATING LOSS		(283,614	)		(341,819	)		(1,059,185	)		(375,455	)		(2,323,470	)

OTHER INCOME AND EXPENSES:
Loss on impairment of property and equipment		-			-			(7,195	)		-			(32,167	)
Gain on settlement of lease liability		199,585						199,585			-			199,585
Interest expense		(11,313	)		(14,790	)		(22,902	)		(17,819	)		(58,517	)
Interest income		-			109			-			109			154

NET LOSS	$	(95,342	)	$	(356,500	)	$	(889,697	)	$	(393,165	)	$	(2,214,415	)

Net loss per common share basic and dilutive	$	(0.01	)	$	(0.05	)	$	(0.08	)	$	(0.05	)
Weighted average number of common shares - basic and dilutive		12,506,732			7,804,964			11,405,685			7,567,413

See accompanying notes to financial statements.

JAMAICA JIM, INC.

(A DEVELOPMENT STAGE COMPANY)

STATEMENTS OF CASH FLOWS

(unaudited)

	For the six months ended			From Inception Through
	September 30, 2009			September 30, 2008			September 30, 2009
Cash flows used by operating activities:
Net loss	$	(889,697	)	$	(393,165	)	$	(2,214,415	)
Adjustments to reconcile net loss to net cash used by operating activities:
Depreciation		11,979			1,000			22,176
Loss on disposal of fixed assets		7,195			-			32,167
Stock issued for services		556,500			149,166			705,667
Gain on settlement of lease liability		(199,585	)		-			(199,585	)
Changes is operating assets and liabilities:
Other current assets		(1,893	)		-			(1,893	)
Accounts payable		105,868			765			249,084
Accrued lease termination		25,677			-			264,585
Accrued liabilities		96,099			10,000			197,968
Net cash used in operating activities		(287,857	)		(232,234	)		(944,246	)

Cash flow used by investing activities:
Trademark expenditures		(346	)		-			(4,246	)
Purchases of fixed assets		(3,859	)		(14,825	)		(118,910	)
Net cash used in investing activities		(4,205	)		(14,825	)		(123,156	)

Cash flow provided by financing activities:
Net proceeds from sale of common stock		129,000			420,500			908,422
Net proceeds in connection with reverse acquisition		170,000			-			170,000
Proceeds from related party notes payable		-			-			19,000
Payments on related party notes payable		(5,260	)		(11,500	)		(28,028	)
Net cash provided by financing activities		293,740			409,000			1,069,394

Increase in cash		1,678			161,941			1,992
Cash at the beginning of the period		314			-			-
Cash at the end of the period	$	1,992		$	161,941		$	1,992

Supplemental disclosures of cash flows-
Cash paid for interest	$	7,146		$	3,113		$	25,292

Non-cash investing and financing activities:
Note payable - related party incurred through technology transfer	$	350,000		$	350,000		$	350,000

See accompanying notes to financial statements.

JAMAICA JIM, INC.

(A DEVELOPMENT-STAGE COMPANY)

NOTES TO FINANCIAL STATEMENTS

(unaudited)

NOTE 1 - ORGANIZATION, HISTORY AND SIGNIFICANT ACCOUNTING POLICIES AND PROCEDURES

ORGANIZATION AND HISTORY

On June 8, 2009, Jamaica Jim, Inc. ("JJIM"), a Nevada corporation, acquired myContactCard, Inc. ("myContactCard" or "MCC"), collectively known as (the "Company"),, via a merger into its subsidiary MCCard, Inc., pursuant to an agreement and plan of merger, dated as of April 20, 2009. myContactCard, a development-stage company, which was incorporated in the State of Nevada on April 2, 2008 ("Inception") and operates under the business name of myContactCard. MCC has developed a proprietary web-based subscription application for email digital signature contact cards which provides email users all the functionality commonly found in websites and adapts these features directly into the subscribers email to improve how they communicate and network via email. MCC's rich-media `microsites' include downloadable files, links, videos, music, photos, digital documents, search tools and other clickable applications without increasing email size.

Immediately prior to the closing of the acquisition, JJIM had 2,005,000 shares of common stock issued and outstanding. As part of the acquisition, the JJIM issued 9,792,999 shares of its common stock and contributed $170,000 to its operational subsidiary in exchange for all of the issued and outstanding shares of common stock of MCC. Following the acquisition, there were 11,797,999 shares of JJIM common stock outstanding, of which the pre-acquisition stockholders of JJIM owned approximately 17% and the pre-acquisition stockholders of the MCC owned approximately 83%.

At the time of acquisition, JJIM had no revenues, and no significant assets or liabilities. It was considered a blank-check company prior to the acquisition. The acquisition was accounted for as a reverse acquisition, whereby the MCC will be treated as the acquiring entity for accounting and reporting purposes. This change in reporting entity causes the results of operations and cash flows of MCC to be reported for the periods presented in its periodic filings. The assets and liabilities of JJIM will be recorded at fair value, and the operations and cash flows of JJIM will be included in the consolidated financial statements from the date of acquisition on June 8, 2009.

Management believes the unaudited pro forma financial data, assuming the acquisition was completed at the on the most recent balance sheet date, and assuming it closed on April 2, 2008, is not meaningful and has not been presented. The unaudited pro forma balance sheet data is not significant because of the lack of operating assets and liabilities of JJIM. The pro forma results of operations, including JJIM, would have caused pro forma net losses to increase, but not materially due to the limited operations of JJIM.

FISCAL YEAR

JJIM's Board of Directors has selected March 31 as its fiscal year end.

BASIS OF PRESENTATION

The accompanying unaudited interim financial statements have been prepared by the Company pursuant to the rules and regulations of the United States Security Exchange Commission. Certain information and disclosures normally included in the annual financial statements prepared in accordance with the accounting principles generally accepted in the Unites States of America have been condensed or omitted pursuant to such rules and regulations. In the opinion of management, all adjustments and disclosures necessary for a fair presentation of these financial statements have been included. Such adjustments consist of normal recurring adjustments. These interim financial statements should be read in conjunction with the audited financial statements of the Company for the fiscal period ended March 31, 2009 filed on Form 8-K with the Securities and Exchange Commission on June 10, 2009. The results of operations for the six-months ended September 30, 2009 are not necessarily indicative of the results that may be expected for the full year.

As of September 30, 2009, the Company is considered a development-stage entity as it has not generated sufficient revenues from its intended operations of providing email digital signature contact cards.

ESTIMATES

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

FAIR VALUE OF FINANCIAL INSTRUMENTS

Fair-value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of September 30, 2009. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values. These financial instruments include cash, prepaids, accounts payable, accrued liabilities and notes payable. Fair values were assumed to approximate carrying values for cash and payables because they are short term in nature and their carrying amounts approximate fair values or they are payable on demand.

CONCENTRATIONS OF CREDIT RISK

Accounts Receivable and Sales

The Company provides credit in limited circumstances to customers throughout the United States. In these instances, the Company performs limited credit evaluations of its customers and does not obtain collateral with which to secure its accounts receivable. Accounts receivable, if any, are reported net of an allowance for doubtful accounts, which is managements best estimate of the for potential credit losses. The Company's allowance for doubtful accounts is based on historical experience, but management also takes into consideration customer concentrations, creditworthiness and current economic trends when evaluating the adequacy of the allowance for doubtful accounts. Historically, the Company has not recorded an allowance

For the three and six months ended September 30, 2009, one customer accounted for 83.4% and 72.9% of Revenues, respectively. Management believes that the loss of this customer would have a material impact on the Company's financial position, results of operations and cash flows.

REVENUE RECOGNITION

The Company generates revenue through subscriptions and recognizes revenue in which the four basic criteria must be met before revenue can be recognized: (1) persuasive evidence of an arrangement exists; (2) delivery has occurred; (3) the selling price is fixed and determinable; and (4) collectability is reasonably assured. Determination of criteria (3) and (4) are based are based on management's judgments regarding the fixed nature of the selling prices of the products delivered and the collectability of those amounts. Provisions for discounts and rebates to customers, estimated returns and allowances, and other adjustments are provided for in the same period the related sales are recorded. To date there these provisions have been insignificant. Deferred revenue consists of subscription revenues billed to subscribers that have not been recognized. As of September 30, 2009, the Company did not have any deferred revenues.

ADVERTISING COSTS

The Company expenses all costs of advertising as incurred. The Company expensed $5,440 and $0 of advertising costs during the three months ended September 30, 2009 and 2008. The Company expensed $6,865, $0 and $59,183 of advertising costs during the six months ended September 30, 2009 and period from Inception to September 30, 2008 and for the period from Inception to September 30, 2009, respectively.

STOCK-BASED COMPENSATION

The Company follows SFAS No. 123(R), "Share Based Payment," which was codified into ASC 718, establishes standards for the accounting of all transactions in which an entity exchanges its equity instruments for goods or services, including transactions with non-employees and employees. SFAS No. 123(R) requires an entity to measure the cost of non-employee and employee services received in exchange for an award of equity instruments, including stock options, based on the grant date fair value of the award, and to recognize it as compensation expense over the period service is provided in exchange for the award, usually the vesting period. The value of the portion of the award that is ultimately expected to vest is recognized as expense over the requisite service periods in the Company's consolidated statement of operations.

The Company's accounting policy for equity instruments issued to consultants and vendors in exchange for goods and services follows the provisions of Emerging Issues Task Force ("EITF") 96-18, "Accounting for Equity Instruments That are Issued to Other Than Employees for Acquiring, or in Conjunction with Selling, Goods or Services", which was codified into ASC 718. The measurement date for the fair value of the equity instruments issued is determined at the earlier of (i) the date at which a commitment for performance by the consultant or vendor is reached or (ii) the date at which the consultant or vendor's performance is complete. In the case of equity instruments issued to consultants, the fair value of the equity instrument is recognized over the term of the service period.

RECENT ACCOUNTING PRONOUNCEMENTS

In May 2009, the Financial Accounting Standards Board (“FASB”) issued FASB ASC 855 Subsequent Events (formerly SFAS No. 165, Subsequent Events). FASB ASC 855 establishes general 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. FASB ASC 855 is effective for interim and annual financial periods ending after June 15, 2009. The Company adopted FASB ASC 855 during the three months ended June 30, 2009. The Company evaluated subsequent events through the issuance date of the financial statements, November 23, 2009, and has disclosed the events identified within this filing.

In June 2009, the FASB issued FASB ASC 105 Generally Accepted Accounting Principles (formerly SFAS No. 168 The FASB Accounting Standards Codification and the Hierarchy of Generally Accepted Accounting Principles – a replacement of FASB Statement No. 162). FASB ASC 105 establishes the FASB Accounting Standards Codification as the source of authoritative U.S. GAAP recognized by the FASB to be applied by nongovernmental entities. FASB ASC 105, which changes the referencing of financial standards, is effective for interim or annual financial periods ending after September 15, 2009. The Company adopted FASB ASC 105 during the three months ended September 30, 2009 with no impact to its financial statements, except for the changes related to the referencing of financial standards.

NOTE 2 - GOING CONCERN

The accompanying financial statements have been prepared assuming the Company will continue as a going concern. As shown in the accompanying financial statements, the Company during the six months ended September 30, 2009 incurred an operating loss before income taxes of $1,059,185 and used cash from operations of $287,857. As of September 30, 2009, the Company had a working capital deficit of $580,074. These conditions raise substantial doubt about the Company's ability to continue as a going concern.

The future of the Company is dependent upon its ability to obtain equity and/or debt financing and ultimately achieving profitable operations from the sale of subscriptions of its digital signatures. During the six months ended September 30, 2009, the Company funded operations through proceeds raised from the sale of common stock. There can be no assurance that the revenue from sales of subscriptions will be sufficient for the Company to achieve profitability in its operations, and it is possible that additional equity or debt financing may be required to continue as a going concern. Without such additional capital, there is substantial doubt as to whether the Company will continue as a going concern.

The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts of and classification of liabilities, which might be necessary in the event the Company cannot continue in existence.

NOTE 3 - PROPERTY AND EQUIPMENT

Property and equipment as of September 30, 2009 and March 31, 2009 consisted of the following:

	September 30, 2009			March 31, 2009
	(unaudited)
Office equipment	$	73,902		$	78,060
Furniture and fixtures		10,098			9,651
Accumulated depreciation		(19,433	)		(7,829	)
Total	$	64,567		$	79,882

During the three months ended September 30, 2009 and 2008, the Company recorded depreciation expense of $6,215, $1,000, respectively. During the six months ended September 30, 2009, the period from inception to September 30, 2008 and the period from Inception to September 30, 2009, the Company recorded depreciation expense of $11,979, $1,000 and $22,176 respectively.

NOTE 4 - NOTES PAYABLE - RELATED PARTIES

On August 28, 2008, the Company entered into a note agreement (the "Note") with the Founder of the Company in exchange for the use of the Founder's digital signature software, see Note 1 for additional information. The Note has two interest components. $152,000 of the principal balance was attributed to interest rates connected to credit card debt incurred by the Founder and bears interest rates ranging from 10% to 32%, averaging 24% per annum. The remaining $198,000 of the principal balance bears interest at 8%, per annum. Terms of the note are for a minimum of 2% of the principal balance of the credit card portion be paid each month. As of September 30, 2009, the Company had not made the required principal payments and was technically in default of the note agreements. However, the Chief Executive Officer has represented that the notes will not be called within the next year. The remaining principal balance is due in August of 2010. Principal and interest amounts paid on the credit card portion for the six months ended September 30, 2009 and the period from inception to September 30, 2008 were $14,686 and $16,732, respectively. The remaining principal balance and accrued interest as of September 30, 2009 were $326,972 and $28,005, respectively.

During the six months ended September 30, 2009, the Company paid $5,000 to the wife the Chief Executive Officer and majority shareholder loaned the Company against a note payable in the original amount of $19,000. The note is non-interest bearing and payable on demand. The balance due on the note as of September 30, 2009 was $14,000.

Maturities on notes payable - related parties are as follows:

Year Ending March 31,		Amount
2010	$	70,012
2011		270,960
Total	$	340,972

NOTE 5 - COMMITMENTS AND CONTINGENCIES

OPERATING LEASE / LITIGATION

In September 2008, the Company entered into a lease agreement for office space to serve as its corporate office in Henderson, Nevada. The lease term was for a period of 36 months commencing on October 1, 2008, at a rental rate of approximately $12,000 per month. The lease agreement required a security deposit of $12,017. On approximately February 15, 2009, due to cash flow constraints and a refocusing of the business, the Company vacated the premises leaving the furniture and other capital asset items behind.

In accordance with the FASB standards governing such, the Company recorded an estimated liability related to the lease termination, including back rent payable, of $238,908 as of March 31, 2009. All amounts were recorded to general and administrative expense.

On August 26, 2009, the Company entered into a settlement Corley LLC for a total of $75,000 together with monthly payments of $10,000 beginning September 2009 and a balloon payment of $25,000 payable by February 15, 2010. As of September 30, 2009, the settlement liability was $65,000. In connection with the settlement the Company reversed the estimated lease term liability to the extent of the settlement resulting in a credit to other income and expense of $199,585 during the three months ended September 30, 2009.

No additional payments have been made toward this obligation subsequent to September 30, 2009. Under the terms of the agreement due to this default, Corley LLC, can obtain a judgment against the Company for the remaining settlement amount and the potential reimbursement of fees to pursue the judgment.

NOTE 6 - STOCKHOLDERS' DEFICIT

AUTHORIZED SHARES

JJIM is authorized to issue 50,000,000 shares of $0.001 par value common stock and 5,000,000 shares of $0.001 par value preferred stock.

FOUNDER SHARES

On August 28, 2008, the Company issued 7,300,000 shares of common stock to the founders and officers of the Company. The common stock was recorded at its par value with the corresponding offset recorded to retained earnings.

On January 30, 2009, in connection with the settlement and resignation of Craig Swanson, a founder, member of management and a member of the board of directors, 2,420,000 shares of common stock were returned to the Company. The Company reversed the par value of the common shares, the amount at which they were originally recorded, and cancelled the common shares.

PRIVATE PLACEMENTS

During the six months ended September 30, 2009, the Company issued 58,000 shares of common stock under a private placement memorandum at a price of $0.50 per share for total gross proceeds of $29,000.

During the six months ended September 30, 2009, the Company issued 133,333 shares of common stock under a subscription agreement at a price of $0.75 per share for total gross proceeds of $100,000. The fair value increase was due to the Company becoming public.

COMMON STOCK ISSUED FOR SERVICES

In April 2009, the Company issued 250,000 shares of common stock for services rendered by one of its board of directors. The services related to general corporate duties as being a member of the board. The Company valued the shares on the date of issuance and expensed to general and administrative expense as there were no future performance conditions. The shares were valued at $125,000 based on the value of the fair value of the Company's common stock which was deemed to be $0.50 based on the private placement of the Company's common stock around the time the shares were issued.

In June 2009, the Company issued 575,400 shares of common stock for services performed in connection with the acquisition of MCC. Include in these shares was 25,400 shares issued to a member of the board of directors. The Company valued the shares on the date of issuance as there were no future performance conditions. Since the transaction was accounted for as a reverse acquisition and Jamaica Jim did not have any significant assets or liabilities to allocate the value to, the value was expensed to general and administrative expense. The shares were valued at $431,500 based on the value of the fair value of the Company's common stock which was deemed to be $0.75 based on the private placement of the Company's common stock around the time the shares were issued.

DEMAND ADVANCES

During the six months ended September 30, 2009, the Company received $85,000 in proceeds in which either the executed agreements were not received or the required common shares have not been issued. The Company has recorded these items as a liability and will due such until the required agreements are received and/or the common shares have been issued.

NOTE 7 - STOCK OPTIONS

In September 2008, the Company's Board of Directors adopted the 2008 Incentive and Non-statutory Stock Option Plan ("Plan") for issuance of stock options to employees and others. Under the Plan, the Company reserved one million shares for issuance. As part of the merger, the Plan has not been adopted by JJIM and therefore as of September 30, 2009, no options were issued under the Plan and no options will be issued. JJIM, however, may adopt a stock option plan in the future.

NOTE 8 - RELATED-PARTY TRANSACTIONS

See Note 4 for discussion regarding notes payable to the Chief Executive Officer and his spouse.

See Note 6 for discussion regarding common stock issued to a member of the board of directors.

In connection with a private placement of the Company's common stock in fiscal 2009, the Company incurred finder's fees of $19,200 and issued 76,800 shares of common stock to a director of the Company. As of September 30, 2009, $10,870 is still payable and recorded in accounts payable on the accompanying balance sheet.

As of September 30, 2009, included in payroll liabilities is $41,036 in salary due to the Chief Executive Officer in which has been deferred.

FORWARD-LOOKING STATEMENTS

This document contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are "forward-looking statements" for purposes of federal and state securities laws, including, but not limited to, any projections of earnings, revenue or other financial items; any statements of the plans, strategies and objections of management for future operations; any statements concerning proposed new services or developments; any statements regarding future economic conditions or performance; any statements or belief;

and any statements of assumptions underlying any of the foregoing.

Forward-looking statements may include the words "may," "could," "estimate," "intend," "continue," "believe," "optimistic," "plan," "aim," "will," "likely," "expect" or "anticipate" or other similar words. These forward-looking statements present our estimates and assumptions only as of the date of this report. 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. Except for our ongoing securities laws, we do not intend, and undertake no obligation, to update any forward-looking statement.

Although we believe that the expectations reflected in any of our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Our future financial condition and results of operations, as well as any forward-looking statements, are subject to change and inherent risks and uncertainties. The factors impacting these risks and uncertainties include, but are not limited to:

o	Increased competitive pressures from existing competitors and new entrants;
o	Deterioration in general or regional economic conditions;
o	Adverse state or federal legislation or regulation that increases the costs of compliance, or adverse findings by a regulator with respect to existing operations;
o	If acquisitions are made, the costs and successful integration of acquisitions;
o	Barriers in trade with foreign countries or tariff regulations and other United States and foreign laws;
o	Loss of customers or sales weakness;
o	Inability to achieve future sales levels or other operating results;
o	Ability to locate suitable new products for distribution within our business sector, and retain licensing rights to such new products on acceptable terms;
o	Outcomes and costs associated with litigation and potential compliance matters;
o	Inadequacies in the Company's internal control over financial reporting, which could result in inaccurate or incomplete financial reporting;
o	Dilution to Shareholders from convertible debt or equity financings;
o	Loss of key management or other unanticipated personnel changes; and
o	The unavailability of funds for capital expenditures.

EXPLANATORY NOTE

Prior to June 8, 2009, we were known as Jamaica Jim, Inc., a Nevada corporation ("JJIM" or the "Company"), a shell company as defined in Rule 12b-2 under the Securities Exchange Act of 1934 ("Exchange Act"). On June 8, 2009, JJIM closed the acquisition of myContactCard, Inc., a Nevada corporation ("MCC") which merged into JJIM's subsidiary MCCard, Inc., a Nevada corporation,("MCCard") pursuant to an agreement and plan of merger, dated as of April 20, 2009 (the "Merger Agreement") and disclosed by JJIM on Form 8-K as filed with the Securities and Exchange Commission ("SEC") on April 23, 2009, by and among JJIM, MCC and MCCard providing for the merger of MCCard and MCC, with MCCard being the surviving corporation as our wholly-owned subsidiary (the "Merger"). As soon as practicable, JJIM will change our name to myContactCard, Inc. The Company has begun operating MCC's business of selling customized email signatures as of the date of the Merger.

Effective upon the closing of the Merger, JJIM had 2,005,000 shares of common stock issued and outstanding. As part of the Merger, the Company issued 9,792,999 shares of our common stock to the former stockholders of MCC in exchange for all of the issued and outstanding shares of common stock of MCC. Following the Merger, there were 11,797,999 shares of Company common stock outstanding, of which the pre-Merger stockholders of JJIM owned approximately 17% and the pre-Merger stockholders of MCC owned approximately 83%. As a result, MCC has been treated as the acquiring company for accounting purposes. The Merger has been accounted for as a reverse acquisition in accordance with generally accepted accounting principles in the United States of America, or "U.S. GAAP." Reported results of operations of the combined group issued after completion of the transaction will reflect MCC's operations.

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

You should read the following discussion and analysis of our financial condition and results of operations together with "Selected Financial Data" and our financial statements and related notes appearing elsewhere in this quarterly report. This discussion and analysis contains forward-looking statements that involve risks, uncertainties, and assumptions. The actual results may differ materially from those anticipated in these forward-looking statements.

Our Business

EMAIL SIGNATURES

Headquartered in Irvine, California, myContactCard (MCC) provides the next generation of fully automated email signature applications for individuals, small business and enterprise organizations serving the domestic and international sectors.

Background

For the past 30 years, email has always been a rather plain and single featured communication venue with no integration to other modern web and internet communication platforms. With MCC’s unique microsite technology, our fusion of email and the web brings a fresh, innovative approach to personal and corporate email relationship marketing. Each is customizable to the unique user and integrates all the modern digital internet and web technologies to your every day email.

No Software or Technical Skills Needed

Our applications do not change the users email provider, only how they use it. MCC is an Application Service Provider (ASP), and our users acquire, customize and manage their email signatures online via our website negating the need for installed software, servers, technical support staff or additional email providers.

For individual and small business applications, MCC provides over 1,300 professionally designed email signature templates that are easily customized by users with no web or programming skills needed.

Integrating Communication Venues

With the advent of social media, blogs, websites and other graphic communication venues, plain email has become less effective, requiring users to adopt other communication platforms like Twitter and MySpace. MCC technology incorporates these additional platforms into normal email. It adds the high impact graphics viewers have come to expect of web sites; single click vCard downloads, web links and automated mapping tools that conveniently eliminates user input. All the virtual media venues for music, video and social networks are integrated into every email, allowing the recipients one-click access to the selected digital assets of the sender.

Some of MCC’s world firsts include:

Microsite Technology: It’s the only email signature and integrated multi-page micro-website solutions for your email and web presence needs that adds all the functionality of the web to every day email

Multi-User Applications: The only on line multi-user enterprise application where organizations of any size or distribution can manage any number of email signature marketing programs

One Step Install: First to develop automated signature installation widgets for all the major email platforms and browsers

Broad Application and User Appeal

No other signature provider has the depth and breadth of MCC. Our comprehensive programs automatically pug into the one billion email users with Microsoft Outlook, Live Mail, AOL, Yahoo, and Gmail and are compatible with the world’s biggest internet browsers: Internet Explorer, Firefox and Safari.

MCC’s shares a lot of its DNA with the hugely prosperous search advertising, mass email marketing and social networking providers. Our signatures include the graphic features and functionality found in social networks like Facebook and MySpace allowing our users to brand themselves with their favorite online culture.

Social commentary email templates appeal to users that reflecting their political, social activist and other community interests.

Multi-channel businesses see significant branding and click through gains using their MCC equipped email with graphics and marketing tools previously available only through bulk/mass email programs, corporate websites and costly Google-like search advertising.

Report Analytics & Support

Like search advertising, website optimization and mass email providers, MCC offers email analytics that provide our users with a new ability to view real-time email volumetric and click thru performance monitors at the individual, group, region or national level. MCC maintains design, marketing resources to assist enterprise users, resellers and affiliate marketers with their email signature needs. Technical and programming resources are engaged with customer support and the continued development of new applications.

Product Categories

Like the internet, email is a big place with billions of personal variations sent every day. To meet the needs of each user, our product applications cover a wide footprint of design, content and functionality.

CauseMail With nearly a hundred organizations to choose from, MCC lets users download a free email signature and brand themselves with their favorite charity organization and promote that cause to everyone they touch.

BuzzMail features email signatures of top music artists letting their fans share their favorite artist’s music, merchandise and promotions.

FreeMail is MCC’s way of let’s everyone use email signatures with hundreds of designs for every taste with themes that include the environment, pets, astrology, scenic vistas and more. Sports and Social Commentary signatures appeal to college sports fans and both sides of hot political issues.

Premium Pro subscription signature formats offer a low cost yet highly effective solution for branding, marketing and networking needs of individuals and small businesses.

Enterprise Pro is the world’s only multi-channel online email signature program that takes hypertargeting, design customization, and dynamic updating to the limit for network sales organizations, dealers and franchisors and consumers.

Our inherent 'click view thru' value and competitive pricing will challenge any paid search advertising competitor. Everyday email is the lowest to no cost vehicle where significant impact, branding, messaging and website optimization provided by MCC products and at an attractive cost to meet most anyone's budget. We employ market sensitive pricing models. Each provides a large degree of flexibility and is configured either as a recurring subscription fee, click conversion, advertiser/sponsor revenues, or subscription revenue sharing options. Profile pricing is based on the 'functionality' of the product, obtaining higher revenues for more features.

Product development began in early 2007 and continued through the end of 2008 with various beta models deployed to sample audiences.

CRM SOFTWARE

Mosaic CRM.com is a feature rich enterprise grade CRM program available as a hosted, web-based system. Mosaic CRM is also accessible by popular hand held mobile devices such as BlackBerry and IPhone. Mosaic CRM provides a comprehensive sales management and customer support system applicable to multi-user organizations and has been deployed with Fortune 100 corporations. Available as a private label solution, MCC will further enhance the program for its Reseller and Affinity partners with individual user and small group versions MCC will also rely on this program as a basis of future business networking-social media platforms.

Overview

Our business model is to earn revenue primarily from subscriptions generated from monthly subscriptions for email signature services. As a promotional tool, we have given away access to certain email signatures for free. As of September 30, 2009, we have generated 10,000 free users and have not yet begun selling our products to paying subscribers. Our revenues are not sufficient to cover our operating costs and expenses. We are in the early phases of revenue generating activities and we intend to continue marketing our product more aggressively upon the implementation of business arrangements we've recently entered into with marketing partners and the completion of additional debt or equity financing.

Historically, we have relied upon private equity financings as our primary source of cash and we continue to rely on these financings to meet our working capital needs. As of September 30, 2009 we have raised an aggregate of $1,103,923. We plan to use the proceeds of the most recent offerings and future offerings for marketing of our product, increasing revenue generating activities and for general working capital purposes. In addition to the above financings, we plan to continue to raise capital by sales of additional private placement equity or debt offerings during 2009, although we have no assurance that such financings will be completed.

During the fourth quarter of 2008, we launched a strategic marketing partnership with AIT, Inc. a subsidiary of Advanced Internet Technologies, Inc. for the resale of our email signature card products. AIT is one of America's leading web hosting companies servicing over 210,000 enterprise businesses. They provide their customers with related internet services such as email platforms, shopping carts and ecommerce tools, and now look to MCC products to add to their product portfolio offerings to their hosted clients. It is our expectation that the growth from this strategic marketing partnership may assist us in becoming less reliant upon sourcing cash from debt and equity financings; however, we have no assurance that such growth shall continue.

During the quarter ended September 30, 2009, the Company generated revenue from its CRM subscriptions and no revenues from its email digital signature application. The Company anticipates increasing its revenue during the next fiscal year from enhanced product capabilities appealing to a larger email user base and improving its online and strategic partnership marketing efforts. During the fourth quarter of 2009, to expand its user base, the Company continued its database and web programming development for large scale enterprise applications and completed the development and launch of its automated signature installation tools for Gmail, AOL, Yahoo, LiveMail, Outlook and internet browser applications for Internet Explorer, Apple Safari and Mozilla Firefox platforms. It is the Company's expectation that these platforms will expand the user base with increased potential for advertising and subscription revenues and may assist them in becoming less reliant upon sourcing cash from debt and equity financings; however, there is no assurance that such growth shall continue.

Going Concern

We have not established sufficient sources of revenue to cover our operating costs and, as such, we have incurred operating losses since inception. Further, as of September 30, 2009, our cash resources were insufficient to meet our current working capital needs and on-going business plan. These and other factors raise substantial doubt about our ability to continue as a going concern. The report of the independent registered public accounting firm accompanying our financial statements for the period ending September 30, 2009, as filed with this report, contains an explanatory paragraph expressing substantial doubt about our ability to continue as a going concern because of our operating losses and our need for additional capital. Such doubt could make it more difficult for us to raise additional capital and may materially and adversely affect the terms of any financing that we may obtain. The accompanying consolidated financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result from the possible inability of us to continue as a going concern.

RESULTS OF OPERATIONS FOR THE THREE-MONTH PERIOD ENDED SEPTEMBER 30, 2009 AND 2008.

The following table summarizes the results of continuing operations and balance sheet amounts of the Company for the periods and dates shown:

	For the three			For the three
	months ended			months ended
INCOME STATEMENT DATA	September 30, 2009			September 30, 2008

Revenue	$	14,948		$	--

Operating Expenses	$	298,562		$	341,819

Operating (Loss)	$	(95,342	)	$	(356,500	)

REVENUES	For the quarter ended September 30				Increase/(Decrease)
	2009		2008		$		%

Revenue	$	14,948	$	-	$	14,948		100%

During the quarter ended September 30, 2009, the Company generated very little revenue from its CRM subscriptions and no revenues from its email digital signature application. The Company anticipates increasing its revenue during the next fiscal year from enhancing and improving its marketing efforts. During the fourth quarter of 2008, the Company launched a strategic marketing partnership with AIT for the resale of our products. It is the Company's expectation that the growth from this strategic marketing partnership may assist them in becoming less reliant upon sourcing cash from debt and equity financings, however, there is no assurance that such growth shall continue.

TOTAL OPERATING EXPENSES	For the quarter ended September 30				Increase/(Decrease)
	2009		2008		$			%

Total Operating Expenses	$	298,562	$	341,819	$	(43,257	)		(13%)

Total operating expenses for the three months ended September 30, 2009 include management and administrative personnel costs accounting fees, legal expense, information systems expense, product design costs of $103,302 and product marketing and sales expense of $41,729.

RESULTS OF OPERATIONS FOR THE SIX-MONTH PERIOD ENDED SEPTEMBER 30, 2009 AND 2008.

The following table summarizes the results of continuing operations and balance sheet amounts of the Company for the periods and dates shown:

	For the six		From Inception
	months ended		through
INCOME STATEMENT DATA	September 30, 2009		September 30, 2008			September 30, 2009

Revenue	$	30,797	$	--	$	61,144

Operating Expenses	$	1,089,982	$	375,455	$	2,384,614

Net (Loss)	$	889,697	$	393,165	$	(2,214,415	)

	As of			As of
BALANCE SHEET DATA	September 30, 2009			March 31, 2009

Total Assets	$	72,699		$	84,096

Total Liabilities	$	853,025		$	830,225

Stockholder's Deficit	$	(780,326	)	$	(746,129	)

REVENUES	For the six months ended September 30		From Inception through September 30		Increase/(Decrease)
	2009		2008		$		%

Revenue	$	30,797	$	-	$	30,797		100	%

During the six months ended September 30, 2009, the Company generated very little revenue from its CRM subscriptions and no revenues from its email digital signature application. The Company anticipates increasing its revenue during the next fiscal year from enhancing and improving its marketing efforts. During the fourth quarter of 2008, the Company launched a strategic marketing partnership with AIT for the resale of our products. It is the Company's expectation that the growth from this strategic marketing partnership may assist them in becoming less reliant upon sourcing cash from debt and equity financings, however, there is no assurance that such growth shall continue.

TOTAL OPERATING EXPENSES	For the six months ended September 30		From Inception through September 30		Increase/(Decrease)
	2009		2008		$		%

Total Operating Expenses	$	1,089,982	$	375,455	$	714,527		190	%

Total operating expenses for the six months ended September 30, 2009 include management and administrative personnel costs accounting fees, legal expense, information systems expense, product design costs of $182,440 and product marketing and sales expense of $64,482.

LIQUIDITY AND CAPITAL RESOURCES

The accompanying statements have been prepared on a going-concern basis, which contemplates the realization of assets and satisfaction of liabilities and other commitments in the normal course of business. The report of our independent registered accounting firm contains an explanatory paragraph expressing substantial doubt about the Company's ability to continue as a going concern as a result of recurring losses and negative cash flows. The financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that may be necessary if we are unable to continue as a going concern.

The Company's principal sources of liquidity consist of cash and cash equivalents, cash generated from product sales and the issuance of equity securities. In addition to funding operations, the Company's principal short-term and long-term liquidity needs have been, and are expected to be continued development costs, salaries and wages, sales and marketing costs, the debt service requirements of its notes payable, and general corporate expenses. As of September 30, 2009, the Company had cash and cash equivalents of $1,992, accounts payable of $237,585, accrued liabilities of $274,468 and notes payable outstanding of $340,972.

The Company believes that cash expected to be generated from the issuance of equity securities will be sufficient to fund its operations and other financing requirements through December 31, 2009. The Company is currently in the process of raising additional funds through selling additional shares of its common stock. In order to continue its operations the Company may seek to obtain additional debt or equity financing. It may also need to obtain additional debt or equity financing if it experiences downturns or cyclical fluctuations in its business that are more severe or longer than anticipated, or if the Company fails to achieve anticipated revenue, experiences significant increases in the costs associated with products sales, or if it engages in additional strategic transactions. The Company cannot provide assurance that such financing will be available to it on favorable terms, or at all. If, after utilizing the existing sources of capital available to the Company, further capital needs are identified and the Company is not successful in obtaining the financing, it may be forced to curtail its existing or planned future operations. There can be no assurance that the revenue from the sale of our products will be sufficient for the Company to achieve profitability in its operations.

For the three-month period ended September 30, 2009, the Company funded operations primarily through sales of its common stock to investors in the amount of $129,000, cash received for stock to be issued of $85,000 and cash received in connection with the reverse acquisition of $170,000.

OPERATING ACTIVITIES

Operating cash flows used during the six months ended September 30, 2009, amounted to $287,857. The primary use of operating cash was to pay salaries and wages, professional fees and development costs. This was the result of a net loss of $889,697 offset by non-cash and non-operating items (depreciation, amortization of intangible assets, stock-based compensation and interest expense) totaling $376,089 and net changes in current assets and liabilities of $225,751.

INVESTING ACTIVITIES

Investing cash flows used during the six months ended September 30, 2009, amounted to $4,205 used primarily for minor fixed asset acquisitions.

FINANCING ACTIVITIES

Financing cash flows during the six months ended September 30, 2009, amounted to $293,740 and consisted of sales of its common stock to investors of $129,000 and cash received in connection with the reverse acquisition of $170,000, offset by payments on related party notes of $5,260.

Critical Accounting Policies and Estimates

We prepare our consolidated financial statements in accordance with accounting principles generally accepted in the United States of America (US GAAP). The preparation of these financial statements requires the use of estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period. Our management periodically evaluates the estimates and judgments made. Management bases its estimates and judgments on historical experience and on various factors that are believed to be reasonable under the circumstances. Actual results may differ from these estimates as a result of different assumptions or conditions.

The methods, estimates, and judgment we use in applying our most critical accounting policies have significant impact on the results we report in our financial statements. The SEC has defined "critical accounting policies" as those accounting policies that are most important to the portrayal of our financial condition and results, and require us to make our most difficult and subjective judgments, often as a result of the need to make estimates of matters that are inherently uncertain. Based upon this definition, our most critical estimates are described below under the heading "Revenue Recognition." We also have other key accounting estimates and policies, but we believe that these other policies either do not generally require us to make estimates and judgments that are as difficult or as subjective, or it is less likely that they would have a material impact on our reported results of operations for a given period. For additional information see Note 1, "Summary of Organization and Significant Accounting Policies" in the notes to our audited financial statements appearing in our annual report on Form 10-K and the audit of MCC included in form 8-K filed on June 10, 2009 with the Securities and Exchange Commission. Although we believe that our estimates and assumptions are reasonable, they are based upon information presently available, and actual results may differ significantly from these estimates.

OFF-BALANCE SHEET ARRANGEMENTS

The Company does not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on the Company's financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to investors.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK - Not

Applicable

ITEM 4T. CONTROLS AND PROCEDURES

DISCLOSURE CONTROLS AND PROCEDURES. Our management has evaluated, under the supervision and with the participation of our chief executive officer and chief accounting officer, the effectiveness of our disclosure controls and procedures as of the end of the period covered by this report pursuant to Rule 13a-15(b) under the Securities Exchange Act of 1934 (the "Exchange Act"). Based on that evaluation, our chief executive officer and principal accounting officer have concluded that, as of the end of the period covered by this report, our disclosure controls and procedures are effective in ensuring that information required to be disclosed in our Exchange Act reports is (1) recorded, processed, summarized and reported in a timely manner, and (2) accumulated and communicated to our management, including our chief executive officer, as appropriate to allow timely decisions regarding required disclosure.

CHANGES IN INTERNAL CONTROL OVER FINANCIAL REPORTING. There have been no changes in our internal control over financial reporting that occurred during the period covered by this report that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

PART II -- OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

On June 30, 2009, Corley LLC filed a lawsuit against myContactCard, Inc. alleging a breach of contract in connection with its prior lease of commercial space at 1700 W. Horizon Ridge Parkway, Unit 200, Henderson, NV 89012. The lawsuit was filed in the District Court of Clark County, Nevada and is Case No. A-09-593972-C. Plaintiff asks for unspecified damages, fees and costs. The Company has been in negotiations to settle the matter, however if unsuccessful, will defend the lawsuit. On August 26, 2009 the Company entered into a settlement Corley LLC for a total of $75,000 together with a payment schedule payable by February 15, 2010

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

During the six months ended September 30, 2009, the Company issued 133,333 shares of common stock under a private placement memorandum at a price of $0.75 per share for total gross proceeds of $100,000.

In June 2009, the Company issued 575,400 shares of common stock for services performed in connection with the acquisition of MCC. Include in these shares was 25,400 shares issued to a member of the board of directors. The Company valued the shares on the date of issuance as there were no future performance conditions. Since the transaction was accounted for as a reverse acquisition and Jamaica Jim did not have any significant assets or liabilities to allocate the value to, the value was expensed to general and administrative expense. The shares were valued at $431,550 based on the value of the fair value of the Company's common stock which was deemed to be $0.75 based on the private placement of the Company's common stock around the time the shares were issued

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

None.

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

Pursuant to the Action by Written Consent of the Stockholders in lieu of a Special Meeting, dated as of June 11, 2009, our stockholders holding at least a majority of the issued and outstanding shares of our Common Stock, voting together on an as-converted basis, approved an amendment to our Certificate of Incorporation to change our name from "Jamaica Jim, Inc." to "myContactCard, Inc." The Company has filed a Preliminary Information Statement on Schedule 14C, and once effective with the SEC, will file a Definitive Information Statement on Schedule 14C with the SEC, and after twenty days, file the amendment to our Certificate of Incorporation with the State of Nevada to effectuate the name change.

ITEM 5. OTHER INFORMATION

None.

ITEM 6. EXHIBITS.

The following Exhibits are filed or incorporated by reference as part of this Quarterly Report on Form 10-Q:

Exhibit Number		Description of Document
31.1		Certification pursuant to Section 302 of the Sarbanes-Oxley Act
31.2		Certification pursuant to Section 302 of the Sarbanes-Oxley Act
32.1		Certification pursuant to Section 906 of the Sarbanes-Oxley Act
32.2		Certification pursuant to Section 906 of the Sarbanes-Oxley Act

SIGNATURES

In accordance with Section 13 or 15(d) of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Jamaica Jim, Inc.

Signature	Title	Date

/s/ Bill Noonan	Chief Executive Officer	November 23, 2009
Bill Noonan

/s/ Richard Lambright	Principal Accounting Officer	November 23, 2009
Richard Lambright

JAMAICA JIM, INC. 10-Q