UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report (Date of earliest event reported): December 20, 2005 BLOODHOUND SEARCH TECHNOLOGIES, INC. ------------------------------------ (Exact name of Registrant as specified in its charter) Nevada 000-29553 88-0492640 ------ --------- ---------- (State or other jurisdiction (Commission File (IRS Employer of incorporation) Number) Identification No.) 2000 Thrasher Drive Lake Havasu City, Arizona 86404 ------------------------------- (Address of principal executive offices) 770-519-0208 ------------ (Registrant's Telephone Number, Including Area Code) Safe Idea, Inc. --------------- (Former Name or Former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): |_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Section 3 - Securities and Trading Markets Item 3.03 Material Modification to Rights of Security Holders Bloodhound Search Technologies, Inc. ("Bloodhound") filed with the Secretary of State of Nevada a Certificate of Change, pursuant to which Bloodhound underwent a reverse stock split, effective as of January 17, 2006. On such date, shares of common stock held by each stockholder of record were automatically consolidated at the rate of one for two (1 for 2) without any further action on the part of the stockholders. All fractional shares owned by each stockholder of record were aggregated, and to the extent after aggregating all fractional shares, for any registered stockholder entitled to a fraction of a share, such stockholder became entitled to receive one whole share in respect of such fraction of a share. Each stock certificate issued prior to January 17, 2006, from and after such date, automatically (and without the necessity of presenting the same for exchange) represents that number of shares of common stock, as the case may be, into which the shares represented by such certificate were reclassified pursuant to the reverse stock split. Each stockholder of record of a certificate that represented shares of common stock prior to January 17, 2006, shall receive, upon surrender of such certificate, a new certificate representing the number of shares of common stock immediately after the reverse stock split. For all the terms and conditions of the Certificate of Change, reference is hereby made to such certificate annexed hereto as Exhibit 3.1. All statements made herein concerning the foregoing document are qualified by references to said exhibit. Section 5 - Corporate Governance and Management Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year The disclosure set forth above under Item 3.03 (Material Modification to Rights of Security Holders) is hereby incorporated by reference into this Item 5.03. On December 20, 2005, Bloodhound filed with the Secretary of State of Nevada a Certificate of Amendment to Articles of Incorporation, pursuant to which Bloodhound changed its name from Safe Idea, Inc. to Bloodhound Search Technologies, Inc. For all the terms and conditions of the Certificate of Amendment, reference is hereby made to such certificate annexed hereto as Exhibit 3.2. All statements made herein concerning the foregoing document are qualified by references to said exhibit. Section 9-Financial Statements and Exhibits -2- Item 9.01 Financial Statements and Exhibits (a) Financial Statements of business acquired. Not applicable (b) Pro forma financial information. Not applicable (c) Exhibits Exhibit 3.1 Certificate of Change, filed with the Nevada Secretary of State on January 10, 2006, effective as of January 17, 2006* Exhibit 3.2 Certificate of Amendment to Articles of Incorporation, filed with the Nevada Secretary of State on December 20, 2005* Exhibit 3.3 Certificate of Amendment to Articles of Incorporation, filed with the Nevada Secretary of State on November 2, 2000** Exhibit 3.4 Certificate of Amendment to Articles of Incorporation, dated November 30, 1998*** Exhibit 3.5 Articles of Incorporation*** * Filed herewith ** Previously filed with the Securities and Exchange Commission as an exhibit to the Current Report on Form 8-K, filed on November 14, 2000, and incorporated herein by reference. *** Previously filed with the Securities and Exchange Commission as an exhibit to the Registration Statement on Form 10SB12G, filed on February 16, 2000, and incorporated herein by reference. -3- SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BLOODHOUND SEARCH TECHNOLOGIES, INC. (Registrant) By: /s/ David Campbell --------------------------- Name: David Campbell Title: Chief Executive Officer Date: January 17, 2006 -4-

OBLIGATION FUTURES, INC. ------------------------ (A Development Stage Company) ----------------------------- BALANCE SHEETS -------------- September 30, December 31, 2000 1999 -------------- -------------- ASSETS: $ - $ - ============== ============== LIABILITIES & STOCKHOLDERS' EQUITY Current Liabilities: Accounts Payable $ 312 $ - Total Liabilities Stockholders' Equity: Common Stock, Par value $.001 Authorized 100,000,000 shares, Issued 1,000,000 Shares at September 30, 2000 and December 31, 1999 1,000 1,000 Paid-In Capital 1,325 350 Retained Deficit (1,200) (1,200) Deficit Accumulated During the Development Stage (1,437) (150) -------------- -------------- Total Stockholders' Equity (312) - -------------- -------------- Total Liabilities and Stockholders' Equity $ - $ - ============== ==============

OBLIGATION FUTURES, INC. ------------------------ (A Development Stage Company) ----------------------------- STATEMENTS OF OPERATIONS ------------------------ Cumulative since October For the For the 20,1999 Three Months Nine Months Inception of Ended Ended Development September 30, September 30, Stage ------------- --------------- ------------- 2000 1999 2000 1999 ------ ----- -------- ----- Revenues $ - $ - $ - $ - $ - ------ ----- -------- ----- ------------- Expenses General and Administrative 352 - 1,287 - 1,437 ------ ----- -------- ----- ------------- Net Loss $(352) $ - $(1,287) $ - $ (1,437) ====== ===== ======== ===== ============= Basic & Diluted loss per share $ - $ - $ $ - ====== ===== ======== =====

OBLIGATION FUTURES, INC. ------------------------ (A Development Stage Company) ----------------------------- STATEMENTS OF CASH FLOWS ------------------------ Cumulative Since October For the nine months ended 20, 1999 September 30, Inception of ------------------------- Development 2000 1999 Stage ------------ ----------- ------------- CASH FLOWS FROM OPERATING ------------------------- ACTIVITIES: ----------- Net Loss $ (1,287) $ - $ (1,437) Increase (Decrease) in Accounts Payable 312 - (112) ------------ ----------- ------------- Net Cash Used in operating activities (975) - (1,325) ------------ ----------- ------------- CASH FLOWS FROM INVESTING ------------------------- ACTIVITIES: ----------- Net cash provided by investing activities - - - ------------ ----------- ------------- CASH FLOWS FROM FINANCING ------------------------- ACTIVITIES: ----------- Capital contributed by shareholder 975 - 1,325 ------------ ----------- ------------- Net Cash Provided by Financing Activities 975 - 1,325 ------------ ----------- ------------- Net (Decrease) Increase in Cash and Cash Equivalents - - - Cash and Cash Equivalents at Beginning of Period - - - ------------ ----------- ------------- Cash and Cash Equivalents at End of Period $ - $ - $ - ============ =========== ============= SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: ------------------------------------------------- Cash paid during the year for: Interest $ - $ - $ - Franchise and income taxes $ - $ - $ 75

NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES ----------------------------------------------------------------------------- (Continued) Income Shares Per-Share ------------ ------------- Amount (Numerator) (Denominator) ----------- For the three months ended September 30, 2000 --------------------------------------------- BASIC & DILUTED LOSS PER SHARE Loss to common shareholders $ (352) 1,000,000 $ - ============ ============= =========== For the nine months ended September 30, 2000 BASIC & DILUTED LOSS PER SHARE Loss to common shareholders $ (1,287) 1,000,000 $ - ============ ============= =========== For the three months ended September 30, 1999 BASIC & DILUTED LOSS PER SHARE Loss to common shareholders $ - 1,000,000 $ - ============ ============= =========== For the nine months ended September 30, 1999 BASIC & DILUTED LOSS PER SHARE Loss to common shareholders $ - 1,000,000 $ - ============ ============= ===========

Page Independent Auditor's Report...............................................................................F - 1 Balance Sheets September 30, 2000 and December 31, 1999 and 1998........................................................F - 2 Statements of Operations for the nine months ended September 30, 2000 and the Years Ended December 31, 1999 and 1998........................................F - 3 Statement of Stockholders' Equity Since March 20, 1996 (Inception) to September 30, 2000...................................................F - 4 Statements of Cash Flows for the nine months ended September 30, 2000 and the Years Ended December 31, 1999 and 1998........................................F - 5 Notes to Financial Statements..............................................................................F - 6

Deficit Accumulated During Common Stock Paid-In Development Shares Par Value Capital Stage --------- --------- --------- --------- March 20, 1996 (inception) Issuance of Stock for cash ........................... 25,000 $ 2,500 $ -- $ -- Net Loss .................................... -- -- -- (2,500) --------- --------- --------- --------- Balance at December 31, 1996 ................ 25,000 2,500 -- (2,500) Net Loss .................................... -- -- -- -- --------- --------- --------- --------- Balance at December 31, 1997 ................ 25,000 2,500 -- (2,500) Retroactive adjustment for 100 to 1 Stock Split November 30, 1998 ..................... 2,475,000 (2,250) 2,250 -- Net Loss .................................... -- -- -- -- --------- --------- --------- --------- Balance at December 31, 1998 ................ 2,500,000 250 2,250 (2,500) October 30, 1999 issuance of stock for services and payment of accounts payable 500,000 50 -- -- Net Loss .................................... -- -- -- (50) --------- --------- --------- --------- Balance at December 31, 1999 ................ 3,000,000 300 2,250 (2,550) March 30, 2000 issuance of stock for services and payment of accounts payable 3,000,000 300 -- -- Net Loss .................................... -- -- -- (778) --------- --------- --------- --------- Balance at September 30, 2000 ............... 6,000,000 $ 600 $ 2,250 $ (3,328) ========= ========= ========= =========

Deficit Accumulated During Common Stock Paid-In Development Shares Par Value Capital Stage ------- ------- --------- --------- 2000 1999 1998 Stage ------- ------- -------- ------- CASH FLOWS FROM OPERATING ACTIVITIES: Net Loss ........................................ $ (778) $ (50) $ -- $(3,328) Stock issued for services and payment of accounts payable ......................................... 300 50 -- 350 Increase (Decrease) in Accounts Payable ......... 478 -- -- 478 ------- ------- -------- ------- Net Cash Used in operating activities ......... -- -- -- (2,500) ------- ------- -------- ------- CASH FLOWS FROM INVESTING ACTIVITIES: Net cash provided by investing activities .......................... -- -- -- -- ------- ------- -------- ------- CASH FLOWS FROM FINANCING ACTIVITIES: Stock issued for cash ........................... -- -- -- 2,500 ------- ------- -------- ------- Net Cash Provided by Financing Activities .......................... -- -- -- 2,500 ------- ------- -------- ------- Net (Decrease) Increase in Cash and Cash Equivalents ..................... -- -- -- -- Cash and Cash Equivalents at Beginning of Period ........................ -- -- -- -- ------- ------- -------- ------- Cash and Cash Equivalents at End of Period .............................. $ -- $ -- $ -- $ -- ======= ======= ======== ======= SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: Cash paid during the year for: Interest ...................................... $ -- $ -- $ -- $ -- Franchise and income taxes .................... $ -- $ -- $ -- $ -- SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES: None ----------------------------------------------------------- -----------

Per-Share Income Shares Amount ------ ------ ------ (Numerator) (Denominator) For the nine months ended September 30, 2000 -------------------------------------------- Basic Loss per Share Loss to common shareholders $(778) 5,014,599 $ - =================== ==================== =================== For the year ended December 31, 1999 ------------------------------------ Basic Loss per Share Loss to common shareholders $(50) 2,584,932 $ - =================== ==================== =================== For the year ended December 31, 1998 ------------------------------------ Basic Loss per Share Loss to common shareholders $ - 2,500,000 $ - =================== ==================== ===================

================================================================================================ ===================== ASSET Capital asset Domain names and websites (Note 3) $ 5,000 ================================================================================================== =================== LIABILITIES AND SHAREHOLDER'S EQUITY Current liabilities Bank indebtedness $ 9 Accounts payable and accrued liabilities 10,443 --------------- 10,452 Due to shareholder (Note 5) 158 -------------- 10,610 Shareholder's equity Capital stock (Note 6) 1 Deficit (5,611) --------------- (5,610) $ 5,000 ============================================================================== =================== ===================

================================================================================================ ===================== EXPENSES Bank charges $ 9 Office and miscellaneous 138 Professional fees 5,464 --------------- 5,611 Net loss for the period, being deficit, end of period $ (5,611) ================================================================================================ =====================

================================================================================================ ===================== Cash flows from operating activities Net loss for the period $ (5,611) Changes in non-cash working capital items Accounts payable and accrued liabilities 10,443 -------------- 4,832 Cash flows from investing activities Purchase of capital assets (5,000) --------------- Cash flows from financing activities Due to shareholder 158 Issuance of capital stock 1 -------------- 159 Decrease in cash, being cash deficiency, end of period $ (9) ================================================================================================ ===================== Cash paid during the period for interest $ - ================================================================================================ =====================

=================================================================================================================== Amount ------------------------------------------------------------------------------------------------------------------- Authorized 10,000 common shares without par value Issued 1 common share $ 1 ------------- =================================================================================================================== =================================================================================================================== Balance as at September 30, 2000 $ 1

Safe Idea, Inc. Safe Idea Obligations Pro Forma (formerly Repository Futures Pro Forma Combined Shell, Inc.) Inc. Inc. Adjustments Balance --------- --------- --------- ------------ --------- ASSETS Current Assets ................................ $ -- $ -- $ -- $ -- $ -- Other Assets (net) ............................ -- 5,000 -- -- 5,000 --------- --------- --------- ------------ --------- Total Assets ............................. $ -- $ 5,000 -- $ -- $ 5,000 ========= ========= ========= ============ ========= LIABILITIES AND STOCKHOLDERS' EQUITY Accounts Payable & Accrued Expenses ........... $ 478 $ 8,404 $ 312 $ -- $ 9,194 Due to shareholder ............................ -- 154 -- -- 154 --------- --------- --------- ------------ --------- Total Liabilities ......................... 478 8,558 312 -- 9,348 --------- --------- --------- ------------ --------- Stockholders' Equity: Common Stock ................................ 600 1 1,000 (1,001) A 600 Additional Paid in Capital .................. 2,250 -- 1,325 203,671 A 207,246 Retained Deficit ............................ -- (1,200) 1,200 A -- --------- --------- --------- ------------ --------- Deficit Accumulated During the Development Stage ........................ (3,328) (3,559) (1,437) (203,870) A (212,194) --------- --------- --------- ------------ --------- Total Stockholders' Equity (Deficit) ..... (478) (3,558) (312) -- (4,348) --------- --------- --------- ------------ --------- Total Liabilities and Stockholders' Equity $ -- $ 5,000 $ -- $ -- $ 5,000 ========= ========= ========= ============ =========

Safe Idea, Inc. Safe Idea Obligations Pro Forma (formerly Repository Futures Pro Forma Combined Shell Inc.) Inc. Inc. Adjustments Balance ----------- ----------- ----------- ---------- ----------- Revenues: ......................... $ -- $ -- $ -- $ -- $ -- ----------- ----------- ----------- ---------- ----------- Expenses: General & Administrative ....... 828 3,559 1,437 203,558 B 209,382 ----------- ----------- ----------- ---------- ----------- Net Loss .......................... $ (828) $ (3,559) $ (1,437) $ (203,558) $ (209,382) =========== =========== =========== ========== =========== Loss per share .................... $ -- $ (3,559) $ -- $ -- =========== =========== =========== =========== Weighted average shares outstanding 6,000,000 1 1,000,000 6,000,000

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