UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

~~Washington~~WASHINGTON, D.C. 20549

____________________________________________________

FORM 10-K

~~x ANNUAL REPORT UNDER SECTION 13 OR 15~~(dMark One) ~~OF THE SECURITIES EXCHANGE ACT OF 1934~~

~~For~~x ~~the~~ANNUAL ~~fiscal~~REPORT ~~year~~PURSUANT ~~ended~~TO ~~July~~SECTION ~~31,~~13 ~~2009~~or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

oFor The ~~TRANSITION~~Fiscal ~~REPORT~~Year ~~UNDER~~Ended ~~SECTION~~December 1331, ~~OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934~~2009

~~For~~o ~~the~~TRANSITION ~~transition~~REPORT ~~period~~PURSUANT ~~from~~TO ~~___________~~SECTION to13 ~~___________~~or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Commission File No. ~~333~~ _____________-~~153536~~___________

~~COLOR~~Muscato ~~ACCENTS HOLDINGS~~Group, ~~INC~~Inc. (Exact name of issuer as specified in its charter)

Nevada __-________ (~~Name~~State or other jurisdiction of ~~small~~incorporation ~~business~~or ~~issuer~~organization) in(I.R.S. ~~its~~Employer ~~charter~~Identification No.)

Nevada
2301 Maitland Center Parkway, Suite 240 Maitland, Florida 32751		32751
(State or other jurisdiction of incorporation or organization)	(IRS Employer Identification No.)
(Address of principal executive offices)		(Zip Code)
813 Woodburn Road Raleigh, NC	27605
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code: (~~919~~407) ~~376~~551-~~0558~~1300

(Registrant’s telephone number, including area code)

Securities registered under Section 12(b) of the Exchange Act:	None.

Securities registered under Section 12(g) of the Exchange Act:	Common stock, par value $0.0001 per share.
	(Title of class)

Securities registered under Section 12(b) of the Exchange Act:
Title of each class registered:	Name of each exchange on which registered:
None	None
Securities registered under Section 12(g) of the Exchange Act:
Common Stock, par value $0.0001 (Title of class)

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes o No x

Indicate by check mark if the registrant is anot ~~well-known~~required ~~seasoned~~to ~~issuer,~~file asreports ~~defined~~pursuant into Section ~~Rule~~13 ~~405~~or ~~the~~Section ~~Securities~~15(d) of the Act. Yes o No x

~~Yes~~Indicate by ocheck Nomark 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 o

~~Check~~Indicate by ~~whether~~check ~~the~~mark ~~issuer~~if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§ 229.405 of this chapter) is not ~~required~~contained toherein, ~~file~~and ~~reports~~will ~~pursuant~~not be contained, to ~~Section~~the 13best of registrant’s knowledge, in definitive proxy or information ~~15(d)~~statements incorporated by reference Part III of ~~the~~this ~~Exchange~~Form ~~Act~~10-K or any amendment to this Form 10-K. x

Indicate by check mark whether the registrant ~~(1)~~ has ~~filed~~submitted ~~all~~electronically ~~reports~~and posted on its corporate Web site, if any, every Interactive Data File required to be submitted ~~filed~~and byposted ~~Section~~pursuant 13to orRule ~~15(d)~~405 of ~~the~~Regulation ~~Exchange~~S-T ~~Act~~(Section 232.405 of this chapter) during the ~~past~~preceding 12 months (or for such shorter period that the registrant was required to ~~file~~submit ~~such reports),~~ and ~~(2)~~post ~~has been subject to~~ such ~~filing requirements for the past 90 days~~files).

Yes x No o

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 ~~checkmark~~check ifmark ~~there~~whether isthe noregistrant ~~disclosure~~is ofa ~~delinquent~~large ~~filers~~accelerated infiler, ~~response~~an accelerated tofiler, ~~Item~~a ~~405 of Regulation S~~non-Kaccelerated ~~(§229.405 of this chapter) is not contained herein~~filer, ~~and~~or ~~will~~a ~~not~~smaller bereporting ~~contained,~~company. to See the ~~best~~definitions of ~~registrant’s~~“large ~~knowledge~~accelerated filer,” in“accelerated ~~definitive~~filer” ~~proxy~~and or“smaller reporting ~~information~~company” ~~statements incorporated by reference~~ in ~~Part~~Rule ~~III if this Form 10~~12b-~~K or~~2 ~~any~~of ~~amendment~~the toExchange ~~this Form 10-K~~Act. x

~~Indicate~~Large ~~by check mark whether the registrant is a large~~ accelerated filer, ano ~~accelerated~~Accelerated filer, ao ~~non~~Non-accelerated filer or(Do not check if a smaller reporting company) ~~filer. See~~o ~~definition~~Smaller ofreporting ~~“accelerated~~company ~~filer” and “large accelerated filer” in Rule 12b-2 of the Exchange Act (Check one):~~x

~~Large~~Indicate by ~~Accelerated~~check ~~Filer~~mark owhether ~~Accelerated~~the ~~Filer~~registrant ois ~~Non-Accelerated~~a ~~Filer~~shell ocompany ~~Smaller~~(as ~~Reporting~~defined ~~Company~~in Rule 12b-2 of the Act). Yes o No x

~~Indicate~~As byof ~~check~~the last ~~mark~~business ~~whether~~day of the registrant’s ismost arecently ~~shell~~completed ~~company~~second ~~(as~~fiscal quarter, ~~defined~~there inwas ~~Rule~~no ~~12b-2~~public oftrading ~~the~~market ~~Exchange~~for ~~Act:~~our common stock.

~~Yes~~As ~~x No~~of March o29, 2010, the registrant had 8,127,500 shares issued and outstanding, respectively.

~~State~~Documents ~~issuer's~~Incorporated ~~revenues for its most recent fiscal year~~by Reference: ~~None.~~

~~Number of shares of the registrant’s common stock outstanding as of September 14, 2009 was 6,527,500~~None.

DOCUMENTS INCORPORATED BY REFERENCE: None

TABLE OF CONTENTS

PART I
ITEM 1.	~~ITEM 1.~~BUSINESS	~~BUSINESS~~	1	1
	ITEM 1A.	RISK FACTORS	4
ITEM 2.	PROPERTIES			4
	ITEM 1B.	UNRSOLVED STAFF COMMENTS	4
ITEM 3.	LEGAL PROCEEDINGS			5
	ITEM 2.	PROPERTIES	6
ITEM 4.	SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS			5
	ITEM 3.	LEGAL PROCEEDINGS	6
PART II
	ITEM 4.	SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS	6
ITEM 5.	MARKET FOR REGISTRANT’S COMMON EQUITY; RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES			5
PART II
ITEM 6.	SELECTED FINANCIAL DATA			5
	ITEM 5.	MARKET FOR REGISTRANT’S COMMON EQUITY; RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES	6
ITEM 7.	MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS			5
	ITEM 6.	SELECTED FINANCIAL DATA	8
ITEM 7A.	QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK			7
	ITEM 7.	MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS	8
ITEM 8.	FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA			7
	ITEM 7A.	QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK	9
ITEM 9.	CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE			8
	ITEM 8.	FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA	F-1
ITEM 9A.	CONTROLS AND PROCEDURES			8
	ITEM 9.	CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE	10
PART III
	ITEM 9A.	CONTROLS AND PROCEDURES	10
ITEM 10.	DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE			10
	ITEM 9B.	OTHER INFORMATION
ITEM 11.	EXECUTIVE COMPENSATION			12
PART III
ITEM 12.	SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS			12
	ITEM 10.	DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE	11
ITEM 13.	CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE			13
	ITEM 11.	EXECUTIVE COMPENSATION	12
ITEM 14.	PRINCIPAL ACCOUNTANT FEES AND SERVICES			13
	ITEM 12.	SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS	12
PART IV
	ITEM 13.	CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE	13
ITEM 15.	EXHIBITS, FINANCIAL STATEMENT SCHEDULES			14
	ITEM 14.	PRINCIPAL ACCOUNTANT FEES AND SERVICES	13
SIGNATURES				15
PART IV
	ITEM 15.	EXHIBITS, FINANCIAL STATEMENT SCHEDULES	13
	SIGNATURES		14

PART I

~~PART I~~ITEM 1. BUSINESS

~~Item~~On September 130, 2009, we entered into a share exchange agreement (the “Share Exchange Agreement”) and consummated a share exchange (the “Share Exchange”) with M2 Systems Corporation, a Florida corporation, (hereinafter, “M2 Systems”), and each of the shareholders of M2 Systems (the “M2 Systems Shareholders”). ~~Business.~~

~~General~~Upon the closing of the Share Exchange on September 30, 2009 (the “Closing”), the M2 Systems Shareholders transferred all of their shares of common stock in M2 Systems to us. In exchange, we issued to the M2 Systems Shareholders an aggregate of 6,600,000 shares of our common stock (the “Common Stock”), $0.0001 par value per share, representing 81.21% of the shares issued and outstanding immediately after the Closing. As a result of the Share Exchange, M2 Systems became our wholly-owned subsidiary.

~~Color~~M2 Systems ~~Accents~~was ~~Holdings,~~formed ~~Inc.~~on ~~(“Color~~April ~~Accents”~~27, or2002 under the ~~“Company”)~~laws ~~plans~~of tothe ~~offer~~State ~~services~~of ~~that~~Florida, ~~will~~as M2 ~~cover~~Systems ~~everything from color analysis to interior redesign and home staging~~Corporation. WeImmediately ~~will~~prior beto ~~assisting~~the ~~clients with interior design consultation~~Closing, ~~interior redesign, home staging, property evaluation, color~~Michael ~~analysis,~~Muscato ~~window treatments, decorative faux painting, furniture placement, flooring~~ and ~~installation,~~Joseph ~~granite~~Adams ~~counter~~were ~~top~~the ~~overlay,~~two ~~redesign~~directors and ~~staging~~officers ~~classes. We will deal in residential and commercial projects. We are in the process~~ of ~~developing a website that will link to the entire housing industry~~M2 Systems.

~~Services~~At Closing, our officers and directors resigned from their positions. Michael Muscato was appointed as our Chief Technology Officer and Director, Joseph Adams was appointed as our Chief Executive Officer and Director, Randy Oveson was appointed as our Chief Financial Officer, and Malcolm Kirschenbaum was appointed as a Director.

WeThe ~~will~~Share Exchange ~~base~~Agreement ~~our~~contained ~~expertise~~customary onterms ~~first~~and ~~assessing~~conditions for a transaction of this type, including representations, warranties and covenants, as well as provisions describing the ~~client’s~~process ~~space~~of ~~needs~~exchanging ~~with~~the aconsideration ~~critical~~and ~~eye~~the oneffect of the ~~architectural~~Share ~~elements~~Exchange. In Weaddition, ~~will~~as ~~address~~a ~~common~~condition ~~decorating~~to ~~mistakes~~Closing, 5,000,000 ~~which~~shares ~~include~~of our Common Stock held by Diane Pyun were placed in escrow to be canceled within 120 days from Closing. As of the ~~following:~~Closing date, the Company had 8,127,100 shares of Common Stock outstanding, not including the 5,000,000 shares held in escrow and pending cancellation.

●Closing of ~~Color~~the ●Share ~~Furniture~~Exchange ~~Placement~~Agreement

●As described ~~Accessory~~in ~~Balance~~Item ●1.01 ~~Wall~~above, ~~décor~~on September 30, 2009, we entered into a Share Exchange Agreement with M2 Systems and M2 Systems Shareholders.

●At Closing, ~~Light~~pursuant ~~Function~~to the terms of the Share Exchange Agreement, the M2 Systems Shareholders transferred all of their shares of common stock in M2 Systems to us in exchange for an issuance to them of an aggregate of 6,600,000 newly-issued shares of our Common Stock (or 81.21% of our Common Stock), resulting in M2 Systems becoming our wholly-owned subsidiary.

~~Suggestions~~Prior ~~will~~to the beShare ~~made~~Exchange, Joseph Adams, our newly appointed CEO and ~~the~~director, ~~customer~~and Michael ~~will~~Muscato, ~~decide~~our ~~which~~newly ~~elements~~appointed toChief ~~change. Fees~~Technology ~~will~~Officer beand ~~based~~director, owned onan ~~simple~~aggregate ~~color~~of ~~consult~~100 shares or ~~entire~~100% ~~room~~of ~~redesign~~the issued and outstanding capital stock of M2 Systems. ~~Many~~Following ~~contracts~~the ~~start~~Share ~~with~~Exchange, ~~one~~Michael ~~room~~Muscato and ~~with~~Joseph ~~future~~Adams ~~rooms~~own ~~based~~an onaggregate ~~client’s~~of ~~budget. Each~~6,600,000 ~~painting~~shares ~~project~~or ~~will~~81.21% beof ~~followed~~our upissued and ~~with~~outstanding ~~final~~Common ~~walk through~~Stock.

WeAt ~~will~~this time, bewe ~~certified~~intend ~~interior~~to ~~redesign/home~~carry ~~staging~~on ~~specialist~~M2 Systems’ business as our sole line of business which is a developer and ~~will~~operator ~~offer~~of ~~the~~technology ~~following:~~for financial and healthcare companies.

●At Closing, ~~Consultation~~our incurrent ~~color~~officers and ~~window~~directors ~~treatment~~resigned ~~trends~~from ●their ~~Faux~~positions ~~painting~~and Michael ~~instruction~~Muscato was appointed and elected as Chief Technology Officer and Director, Joseph Adams was appointed and elected as Chief Executive Officer and Director, Randy Oveson was appointed as Chief Financial Officer and Malcolm Kirschenbaum was appointed as a Director. All directors hold office for one-year terms until the election and qualification of their successors. Officers are elected by the board of directors and serve at the discretion of the board of directors.

●The ~~Color~~Share Exchange ~~Analysis~~is ~~with~~being ~~paint~~accounted ~~projects~~for ●as ~~Interior~~a ~~Redesign~~“reverse merger” because the M2 Systems’ Shareholders now own a majority of the outstanding shares of our Common Stock immediately following the Share Exchange. M2 Systems is deemed the acquirer in the reverse merger. Consequently, the assets and liabilities and the historical operations that are reflected in the financial statements prior to the Share Exchange are those of M2 Systems and are recorded at the historical cost basis of M2 Systems, and the consolidated financial statements after completion of the Share Exchange include our assets and liabilities and those of M2 Systems, historical operations of M2 Systems, and our operations from the Closing of the Share Exchange.

●Except ~~Home~~as described ~~Staging~~in ●the ~~Training~~previous ~~Options~~paragraphs, no arrangements or understandings exist among present or former controlling stockholders with respect to the election of members of our board of directors and, to our knowledge, no other arrangements exist that might result in a change of control of the Company. Further, because of the issuance of the shares of our Common Stock pursuant to the Share Exchange, a change in control of the Company occurred on the date of consummation of the Share Exchange. We will continue to be a “smaller reporting company,” as defined under the Securities Exchange Act of 1934, as amended (the “Exchange Act” ), following the Share Exchange.

Interior Design and Redesign Services

We work with new and existing home furnishings and implement our design and redesign tactics to create a new environment. This will include:

● Color Consultation ● Faux Painting

● Blind and Shades ● Window Treatments

● Furniture Placement ● Clutter Coaching

● Carpet and Hard Surface Floors ● Lighting

● Custom Floral Arrangement ● Surprise Design Packages

● Gift Certificates

Home Staging Services

We plan to have several different programs available to assist any need or budget to the homeowner or real estate professional. We plan to have a package tailored to suit the clients’ needs.

WeThe Registrant ~~plan~~was a “shell company” (as such term is defined in Rule 12b-2 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) immediately before the completion of the Share Exchange Agreement. Accordingly, pursuant to ~~provide~~the ~~home~~requirements ~~staging~~of ~~services~~Item 2.01(a)(f) ~~and~~of ~~kits~~Form 8-K, set forth below is the information that ~~will~~would ~~include:~~be required if the Company were filing a general form for registration of securities on Form 10-SB under the Exchange Act, reflecting the Company’s common stock, which is the only class of its securities subject to the reporting requirements of Section 13 or Section 15(d) of the Exchange Act upon consummation of the Share Exchange, with such information reflecting the Company and its securities upon consummation of the Share Exchange.

●Overview of ~~Simple~~M2’s ~~Home Prep List ● Furniture Arrangement~~Business

~~● Clutter Clearing ● Furniture Rentals~~General

●M2 Systems ~~Neutral~~is ~~Paint~~a ~~Palettes~~financial ●and ~~Accessories~~healthcare services technology company. We develop, operate and ~~Props~~license proprietary technology used to enable platform interoperability and in the initiation and settlement of electronic payments/transactions. We own all our intellectual property. M2 Systems is a preferred software vendor to two government backed healthcare companies and our platform is being used today as a core system in the processing of millions of Medicare claims.

●Our products Doare Itdifficult ~~Yourself~~to ~~Kit~~replicate ●and ~~Comprehensive~~compete in fast growing markets and our IP is patent protected. Given that our fixed costs are largely covered by established recurring revenue, ~~Personalized~~increases ~~Checklist~~in revenue are expected to generate high margin incremental operating income.

~~● MLS Photography ● Realtor Gift Program~~Products

~~Decorative Faux Painting Services~~Software Licensing

~~Every~~M2 System’s ~~faux~~portfolio ~~painting~~of ~~project~~software ~~will~~products beis ~~started~~focused ~~with~~on adelivering ~~personalized~~real-time transaction ~~sample~~processing ~~board~~capability ~~for~~to ~~the~~targeted ~~client~~vertical toapplications. ~~review~~Our products operate on next generation technology and on methods that we have developed over the course of fifteen years of licensing software to ~~test~~clients ~~color~~in markets ~~schemes~~like ~~within~~finance, ~~their~~healthcare ~~home~~and ~~walls~~transportation with high-availability, high-capacity infrastructures. M2 Systems currently owns, maintains and develops two software products:

~~Custom~~- ~~Painting~~ENGIN ~~Services~~- ~~Include~~interoperability middleware with healthcare vertical plug-in; and

●- ~~Faux~~authENGIN ~~Finishes~~- ●transaction ~~Solid~~authentication ~~Finishes~~and settlement software.

●ENGIN ~~Custom~~- ~~Sample~~ENGIN ~~Boards~~is ●an interoperability ~~Brick~~middleware ~~Transformation~~software product that enables communications between disparate platforms without the engineering burden of various communications architecture. ENGIN substantially automates interaction between legacy systems and other hardware and software installations. It is an enterprise class product that is deployed in numerous large corporations worldwide and in a number of market verticals including Healthcare (Payor Specific Applications), Financial (Electronic Benefits Transfer, Credit and Debit card processing, Prepaid Cards, Automated Settlement), Transportation, Insurance and Telecommunications. More than 100 million messages per day pass through ENGIN installations.

●In ~~Color~~2000, we ~~Analysis~~developed, ●in ~~Color~~close ~~Matching~~collaboration with a consortium of seven Blue Cross Blue Shield plans, a HIPAA compliant healthcare plug in for ENGIN. The suite of healthcare specific tools that came out of this initiative remains the leading Business Process Automation technology in the global healthcare industry. ENGIN is the first, and still only, HIPAA certified application to combine trading partner interoperability, platform integration, date store/data translation and routing capabilities in one, completely integrated, product suite. As a result it can be deployed quickly and safely in any hardware/software environment – qualities ideally suited to the “need-to-change-now” environment that exists in the US healthcare market today.

●M2 Systems ~~Cabinet~~offers ~~Refinishing~~a ●3-tiered ~~Custom~~messaging ~~Ceilings~~broker solution that addresses today’s most pressing application and data integration challenges without disrupting existing assets. The solution provides reliable transformation and exchange of real-time information, delivers industry-leading performance advantages, and allows business decision makers to easily modify and configure rules with an intuitive Graphical User Interface (GUI). ENGIN performs message routing, translation and compounding at the back end – between OLTP systems and the applications that rely on them. The solution enables rapid data exchange based on user-defined business rules for inbound and outbound messages. The platform processes 90% of business rules immediately, so records like payments, claims updates, and order information are routed accurately and rapidly.

●The ~~Children/Nursery~~ENGIN solution is unique because M2 Systems offers all three middleware components – message broker, trading partner services and data mart processing. Other vendors offer one or two of the three, and then partner with other providers to complete their offerings. No other company has a fully integrated solution with this kind of end-to-end information integration, however. This is especially important for the healthcare vertical where comprehensive support from one vendor and tight system coupling is so important. ENGIN is also very flexible when compared to competitive solutions. Other vendors typically recommend rigid, proprietary solutions that require extensive professional services support. The result is a solution that is walled off to some degree. With ENGIN, there is no barrier. The broker resides peacefully between existing systems, databases and applications. All configurations are GUI-driven, with drag and drop manipulation, point and click simplicity, and drop-down menus. There is no coding necessary and no development language to learn.

Marketing

We will market ourselves through direct contact and sales with home builders, renovators, real estate firms, real estate agents and architects. We will also market to appropriate trade associations whom we believe can be a major channel of distribution for the company. Based on our sole officer and director’s background we believe that her experience and education in the design and redesign previous area will be an opportunity on which we can capitalize. We will also develop a website, www.coloraccents.com, to help promote sales and reach out to consumers and the building industry.

We will attempt to market our website in the United States and in Canada through traditional sources such as trade magazines, conventions and conferences, newspaper advertising, billboards, telephone directories and flyers/mailers. We will target purchasers of commercial interior furnishings as well as the home building and home renovation industry in addition to individual customers. We will target real estate firms, real estate agents and architects. We may utilize inbound links that connect directly to our website from other sites. Potential customers can simply click on these links to become connected to our website from search engines and community and affinity sites.

We believe our most effective marketing tool will be face-to-face discussions where our business development people can engage in a consultative sales process with their client base. We will focus heavily on this strategy.

In addition to our direct and channel-focused tactics, we will use traditional public relations to raise awareness and create demand among target customers. Our public relations strategy is designed to build company awareness with a limited cash outlay.

Website

We have retained Essential Business Solutions, as our outside technology provider to design and develop our entire website. EBS will provide the following services for the website: disk space, bandwidth, 155 mbit backbone, pop mailboxes, e-mail forwarding, e-mailing aliasing, auto responder, front page support, unlimited FTP access, java chat, hotmetal/miva script, shopping cart, secure transactions signio support, cybercash support and macromedia flash. EBS will charge us on an hourly rate of $45.00 per hour for its services.

~~The~~With ENGIN, ~~website~~enterprises isrealize ~~intended~~a tomuch bemore acost-effective ~~destination~~solution. ~~site~~The ~~for~~integrated GUI ~~individual~~interface ~~home~~puts ~~owners~~business asanalysts ~~well~~and asusers ~~companies~~ in ~~the~~charge ~~housing~~of ~~industry.~~linking Weup ~~will~~rules, mapping ~~promote~~data ~~our~~transformation ~~interior~~and ~~design~~establishing ~~services~~business ~~and~~processes. ~~functions~~There’s ~~from~~no ~~our~~need for ~~website~~developers. inNon-technical ~~addition~~people towho ~~face~~understand the data they need to manipulate ~~face~~can ~~meetings~~configure the system. The ~~site~~solution ~~will~~offers ~~offer~~ a ~~large~~very ~~array~~user-friendly experience, ofespecially ~~services~~when ~~and~~compared byto ~~and~~training ~~will~~a ~~become~~business aanalyst ~~“one-stop~~on ~~shopping”~~Java, for ~~destination~~example. ~~which~~Back-end ~~will~~technical ~~significantly~~support ~~enhance~~is ~~the~~straight ~~efficiency~~forward, ofas ~~the~~well. ~~interior~~IT ~~home~~staff familiar ~~design~~with ~~process~~TCP/IP, ~~simultaneously~~queue ~~reducing~~set-up ~~the~~and ~~time~~similar ~~and~~functions ~~cost~~require ofvery ~~finding~~little time ~~reasonably~~and ~~priced~~effort ~~decorating~~for ~~ideas~~implementation and ~~home supplies~~maintenance.

WeauthENGIN authENGIN™ was ~~will~~designed ~~also~~specifically ~~seek~~for ~~out~~financial ~~and~~institutions ~~negotiate~~that ~~strategic~~issue ~~relationships~~domestic ~~with~~and international ~~individual~~cards ~~suppliers~~ and ~~manufacturers~~acquire tocard ~~offer~~transactions ~~their~~through ~~products~~merchants ~~such~~at ~~as granite~~retail locations, ~~fixtures,~~on ~~cabinets~~the ~~and~~web ~~home~~or ~~furnishing~~from onATM's. ~~our~~It ~~website.~~is Wea ~~will~~software ~~attempt~~product used to ~~negotiate~~acquire, authenticate, ~~discounted~~route, ~~pricing~~switch ~~from~~and ~~the~~authorize ~~manufacturers~~electronic intransactions ~~exchange~~across multiple ~~for~~delivery ~~promoting~~channels. ~~their~~Our ~~products~~target toclients ~~the~~are ~~extensive~~international ~~database~~banks and ofpayment ~~the~~processors ~~home~~that ~~building~~prefer ~~industry~~to ~~and~~license ~~individual~~software ~~consumers~~instead ~~that~~of weinvesting ~~intend~~ to develop ~~and~~their ~~maintain~~own. ~~through~~Every ~~our~~time ~~extensive~~a ~~marketing~~consumer ~~program.~~uses Wea ~~have~~credit ~~not~~or ~~entered~~debit ~~into~~card, ~~direct~~a ~~discussions~~number of ~~with~~systems ~~home~~are ~~builders~~involved, ~~home~~including ~~renovators~~the ormerchant ~~real~~processor; ~~estate~~Visa, ~~agents~~MasterCard, or the ~~firms.~~ATM; Weand ~~will~~the ~~not~~card ~~sell~~issuer systems. authENGIN essentially provides the "electronic ~~names~~handshake" inthat ~~our~~connects ~~database~~these systems to ~~anyone~~complete the transaction.

We also believe that the lack of financial security on the Internet is hindering economic activity thereon. To ensure the security of transactions occurring over the Internet, federal regulations require that any computer software used within the U.S. contain a 128-bit encoding encryption, while any computer software exported to aauthENGIN ~~foreign country contain a 40-bit encoding encryption. There~~ is ~~uncertainty as to whether the 128-bit encoding encryption required by the federal government is sufficient security for transactions occurring over the Internet. Accordingly, there is~~ a ~~danger that any financial (credit card) transaction via the Internet will not be a~~ secure ~~transaction. Accordingly~~, ~~risks~~flexible ~~such~~and asscalable ~~the~~processing ~~loss of data or loss of service on the Internet from technical failure or criminal acts are now being considered in the~~ system ~~specifications and~~that ~~in the security precautions in the development of the website. There~~ is noeasy assurance that such security precautions will be successful. Other than investigating potential technologies in support of our business purpose, we have had no material business operations since inception. At present, we have yet to acquire or develop the necessary technology assets in support of our business purpose to become a Internet-based company focused on the designer industry. The Internet is a world-wide medium of interconnectedimplement ~~electronic~~with ~~and/or~~very ~~computer~~robust ~~networks.~~management ~~Individuals~~tools and ~~companies~~real ~~have~~time ~~recently~~transaction ~~recognized~~authorization ~~that the communication capabilities of the Internet provide a medium for not only the promotion~~ and settlement ~~communication of ideas and concepts, but also for the presentation and sale of information, goods and services~~functionality.

~~Revenue~~In addition to processing millions of Visa, MasterCard, JCB, Discover, STAR and other network transactions, authENGIN provides:

We· ~~will~~Credit attempt to generate revenue from service contracts from homeowners, home builders, remodeling contractors, architects, suppliers of home furnishings. We will attempt to generate fees received for contracts that originate from our website and ~~are~~debit ~~also~~card ~~linked~~issuing tocapability; ~~those~~· ~~websites~~PIN ~~we will form a partnership with. There is no assurance that this will occur~~ and wesignature ~~have~~based ~~not~~debit ~~entered~~card into any negotiations or discussions with manufactures for sales that originate from our website. We will attempt to persuade manufactures to advertise on our website. There is no assurance that this will occur and we have not entered into any negotiations or discussions with manufactures for advertising on our website. We will develop and maintain a database of all home builders, renovators, real estate firms, architects and individual customers who contract with us as well as those who visit our web site.processing;

We· ~~will~~Card ~~develop~~management and ~~launch~~authorization; an· ~~advertising~~Card ~~campaign~~production ~~to introduce our website to potential customers. Databases for home builders, home renovators, real estate firms~~ and ~~agents are publicly available through internet research, telephone directories and periodical research.~~issuance;

~~Competition~~· Gateway services; · Loyalty programs;

~~The~~· ~~interior~~Bill ~~design~~payment; market is intensely competitive. The market for information resources is more mature but also intensely competitive. We expect competition to continue to intensify in the future. Competitors include companies with substantial customer bases in the computer and ~~other~~· ~~technical~~Loan ~~fields~~programs. There can be no assurance that we can maintain a competitive position against current or future competitors, particularly those with greater financial, marketing, service, support, technical and other resources. Our failure to maintain a competitive position within the market could have a material adverse effect on our business, financial condition and results of operations. There can be no assurance that we will be able to compete successfully against current and future competitors, and competitive pressures faced by us may have a material adverse effect on our business, financial condition and results of operations.

~~www.allaboutwalls.com,~~Features of ~~www.theinteriordesigner.com,~~authENGIN ~~www.internetdesigncenter.com offer the same services~~ that wedifferentiate ~~do.~~it ~~Upon~~from ~~initiating~~competitive ~~our website operations, we will be competing with the foregoing, in addition to non-Internet commercial companies.~~alternatives include:

·	Ability to define transaction processing rules without modifying source code
·	Uses industry-standard technologies such as C++, Java, and XML

·	Supports multiple platforms, allowing institutions to make hardware decisions independent of application software
·	Transaction storage layer

·	Comprehensive reporting tool
·	BIN configuration and cardholder fee management

·	Card management API
·	Manage Cardholders and Cards

·	Deposit and withdraw funds
·	Change and set PINs

·	Obtain cardholder statements
·	OFAC and the latest in Know Your Customer data validation

·	Secure – meets or exceeds Visa and Master Card security requirements
·	Uses industry standard technologies wherever possible

Intellectual Property, Patent Licensing and Operations

M2 Systems owns, maintains and develops patented technologies.

-	Dynamic CVV – patent pending secure card authorization system for card not present transactions.

o	Title: Card Verification Value

o	Applicant: Michael Muscato

o	Registration Number: 60,315

o	Patent Pending

DYNAMIC CVV (SAFE) Our dynamic CVV technology is the security equivalent of issuing a new credit or debit card to a cardholder for each transaction they make. Actually issuing new cards constantly is not practical of course. With our new patent pending Dynamic CVV technology, however, we have made it possible for cardholders to easily generate and confirm a unique CVV for every card transaction they undertake. A thief who has stolen a card number will not know or be able to guess these dynamic codes because they are always changing and are transaction specific.

We will build a website that is easy to use and that offers a wide product selection at competitive prices. We believe potential customers would be drawn to our website instead of to other companies they are familiar with because they would able to choose from an array of products, quickly and easily, allowing them the freedom to carry on with their own business.Competition

~~Our~~SOFTWARE ~~competitive~~LICENSING ~~position~~The electronic ~~within~~payments ~~the~~market ~~industry~~ is ~~negligible~~highly incompetitive ~~light~~and ofsubject ~~the~~to ~~fact~~rapid ~~that we have not started our operations~~change. ~~Older~~ Generally, ~~well~~our ~~established~~most ~~companies~~significant ~~with~~competition ~~records~~comes ~~of success will attract qualified clients away~~ from ~~us.~~in-house ~~Since~~information technology wedepartments ~~have~~of ~~not~~potential ~~started operations~~customers, weas ~~cannot~~well ~~compete~~from ~~with them on the basis of reputation~~ACIWorldwide. Other Wethird ~~do expect to~~party ~~compete~~software ~~with~~transaction ~~them~~engine oncompetitors ~~the~~include ~~basis~~eFunds ofCorporation ~~price~~ and ~~services.~~S1 Corporation, Weas ~~will~~well ~~price~~as ~~our~~small, ~~products~~more ~~competitively~~regionally-focused ~~and~~companies ~~diligently~~such ~~service~~as OpenWay, ~~our~~Distra ~~client’s~~Pty ~~needs~~Ltd. ~~whatever~~and ~~those~~CTL, ~~might be~~Ltd.

~~Advertising~~In the Healthcare payer market M2 competes with companies like Virtia and to a lesser extent Trizetto and in the general interoperability / BPM market with Microsoft, EDS, TIBCO and Mercator. The general interoperability market can be very competitive which is why M2 tends to focus its development and licensing sales efforts on vertical plug-in opportunities such as healthcare and financial services.

~~The Company will aggressively advertise in such publications as The Homebuilder, Home Renovations as well as internet search engines. We will establish strategic partnerships with home building~~ Revenue and ~~real~~Cost ~~estate web sites to drive traffic to our web site.~~Model

~~Going~~We generate ~~Concern~~revenue from licensing our products to our customers. Our licensing revenue is largely comprised of paid-up fees supported by annual maintenance fees. We also charge our licensees for support, any and all custom development and, in some cases, per transaction fees. Our business is comprised almost entirely of fixed costs (developers). We are like most software businesses in that once our cost of developing a product is covered incremental sales revenue for this product drops almost entirely down to the bottom line. ENGIN and healthENGIN are mature, and consequently, high margin products. authENGIN is a relatively young application and we are still working to pay back its development costs.

WeAll ~~are~~of our ~~still~~licensed ~~pursuing~~products ~~this~~are ~~plan~~based ~~but~~on toa ~~date~~“right” weto ~~have~~use ~~not~~basis ~~been~~and ~~able~~all tomaintenance costs ~~raise~~are ~~additional~~part ~~funds~~of ~~through~~the ~~either~~licensed ~~debt~~products. orThey ~~equity~~are ~~offerings,~~typically ~~without~~5 ~~additional~~year ~~cash~~licenses wewith a ~~will~~perpetual ~~not~~renewal beunless ~~able~~terminated toby ~~pursue~~mutual ~~our~~consent. ~~plan~~Our ofnew ~~operations~~license ~~and~~model for authENGIN will ~~not~~ be ~~able~~based toon ~~begin~~the ~~generating~~same ~~revenue. We~~strategy, ~~believe~~along ~~that~~with wea ~~may~~cost ~~not~~per transaction befee ~~able~~that towill ~~raise~~based ~~the~~on ~~necessary~~projected ~~funds to~~volumes ~~continue~~and toconsumer ~~pursue~~use. ~~our~~This ~~business~~is standard ~~operations. As~~practice ain ~~result~~the offinancial ~~the~~community ~~foregoing,~~as we ~~have~~target ~~recently begun to explore our options regarding the development of~~ a ~~new~~specific ~~business~~vendor ~~plan~~in this ~~and direction~~marketplace.

We are currently engaged in discussions with a company regarding the possibility of a reverse merger involving our company. At this stage, no definitive terms have been agreed to and neither party is currently bound to proceed with the mergerCompetitive Strengths

~~Item~~We ~~1A. Risk~~are competitively ~~Factors~~differentiated on several fronts.

~~Not~~In-house Programming. We ~~Applicable~~have a full in-house development team. In today’s e-commerce environment, many scenarios are constantly encountered that require immediate resolution. Our staff, including Michael Muscato, has decades of programming experience, especially relating to processing technology and systems. We have the ability to both problem solve (fast) and to develop new products in-house.

~~Item~~We ~~1B.~~are currently ~~Unresolved~~the ~~Staff~~named ~~Comments~~inventor on two new payment technologies and intend to continue to expand our portfolio of intellectual property.

~~Not~~Highly ~~Applicable~~Scalable Platform. Our scalable, efficient operating structure allows us to expand our operations easily and without significantly increasing our fixed costs.

~~Item~~Stable 2and Recurring Revenue Base. ~~Description~~ Our business is characterized by sources of ~~Property~~revenue that are fee orientated. We also have little incremental cost to add transactions to our network.

We maintain our statutory registered agent's office at 101 Convention Center Drive, Suite 700, Las Vegas, Nevada 89109 and our business office is 813 Woodburn Road, Raleigh, North Carolina 27605. Our telephone number is (919) 376-0558. This is the office of our President, Diane Pyun, who provides the office space rent free.Employees

~~Item~~As 3of September 25, 2009, we had a total of 42 employees. ~~Legal~~ ~~Proceedings~~We believe that our employee relations are good. Our employees are not subject to any collective bargaining agreements, and we are not aware of any current efforts to implement such agreements.

We are currently not involved in any litigation that we believe could have a material adverse effect on our financial condition or results of operations. There is no action, suit, proceeding, inquiry or investigation before or by any court, public board, government agency, self-regulatory organization or body pending or, to the knowledgeITEM of the executive officers of our company or any of our subsidiaries, threatened against or affecting our company, our common stock, any of our subsidiaries or of our companies or our subsidiaries’ officers or directors in their capacities as such, in which an adverse decision could have a material adverse effect1A. RISK FACTORS

~~Item~~Not applicable ~~4. Submission~~for ofsmaller ~~Matters~~reporting ~~to a Vote of Security Holders~~companies.

~~None~~ITEM 1B. UNRESOLVED STAFF COMMENTS

~~PART~~Not applicable IIfor smaller reporting companies.

~~Item 5~~ITEM 2. ~~Market~~ DESCRIPTION ~~for Registrants Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities~~OF PROPERTY.

~~Public~~We ~~Market~~do not own any property. We lease our corporate headquarters located at 2301 Maitland Center Parkway, Maitland, Florida 32751. We pay a total rent of $12,722 per month for ~~Common~~this ~~Stock~~location. We also lease two data centers. One data center is located at 348 East Winchester Road, Murray, Utah and we pay $5,600 per month for rent. The other data center is located at 850 Trafalgar Drive, Maitland, Florida 3275 and we pay $5,331 per month for rent.

Our common stock has been quoted on the OTC Bulletin Board under the symbol "CAEG.OB" since April 7, 2009. The following table below presents the closing high and low closing bid prices for our common stock for each quarter. No trading of common stock has taken place during the company’s year ending July 31, 2009

2008/2009	Closing Bid Prices
	High		Low
July 31, 2008 thru July 31, 2009	$	.nil	$	nil

Since its inception, no dividends have been paid on the Company's Common Stock. The Company intends to retain any earnings for use in its business activities, so it is not expected that any dividends on the Common Stock will be declared and paid in the foreseeable future.

~~The Company did not repurchase any shares of its issued and outstanding shares~~ ITEM 3. LEGAL PROCEEDINGS.

~~The~~To ~~source~~the best of ~~the~~our ~~high~~knowledge, ~~and~~there ~~low~~are ~~sales~~no ~~price~~known ~~information~~or ispending ~~Nasdaq~~litigation proceedings against us.~~com.~~

The Securities and Exchange Commission has adopted Rule 15g-9 which establishes the definition of a “penny stock,” for purposes relevant to us, as any equity security that has a market price of less than $5.00 per share or with an exercise price of less than $5.00 per share, subject to certain exceptions. For any transactionITEM involving a penny stock, unless exempt, the rules require: (i) that a broker or dealer approve a person’s account for transactions in penny stocks and (ii) the broker or dealer receive from the investor a written agreement to the transaction, setting forth the identity and quantity of the penny stock to be purchased4. SUBMISSION InOF ~~order~~MATTERS ~~to approve a person’s account for transactions in penny stocks, the broker or dealer must (i) obtain financial information and investment experience and objectives of the~~TO ~~person;~~A ~~and~~VOTE ~~(ii)~~OF ~~make~~SECURITY a reasonable determination that the transactions in penny stocks are suitable for that person and that person has sufficient knowledge and experience in financial matters to be capable of evaluating the risks of transactions in penny stocksHOLDERS. The broker or dealer must also deliver, prior to any transaction in a penny stock, a disclosure schedule prepared by the Commission relating to the penny stock market, which, in highlight form, (i) sets forth the basis on which the broker or dealer made the suitability determination and (ii) that the broker or dealer received a signed, written agreement from the investor prior to the transaction. Disclosure also has to be made about the risks of investing in penny stocks in both public offerings and in secondary trading, and about commissions payable to both the broker-dealer and the registered representative, current quotations for the securities and the rights and remedies available to an investor in cases of fraud in penny stock transactions. Finally, monthly statements have to be sent disclosing recent price information for the penny stock held in the account and information on the limited market in penny stocks.

Pursuant to the approval of the board of directors (the “Board”) of Color Accents Holdings, Inc., a Nevada corporation (the “Company”), and the written consent of at least a majority of the outstanding shares of common stock of the Company, the Company filed a Certificate of Amendment to the Company’s Articles of Incorporation (the “Certificate of Amendment”) with the Secretary of State of the State of Nevada to change the name of the Company from “Color Accents Holdings, Inc.” to “Muscato Group, Inc.” The Certificate of Amendment became effective on October 5, 2009.

PART II

ITEM 5. MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS.

Market Information

Our common stock has traded on the OTC Bulletin Board system under the symbol “MGRP” since December 3, 2009. To date there has been a very limited trading market for our Common Stock.

The market price of our common stock will be subject to significant fluctuations in response to variations in our quarterly operating results, general trends in the market, and other factors, over many of which we have little or no control. In addition, broad market fluctuations, as well as general economic, business and political conditions, may adversely affect the market for our common stock, regardless of our actual or projected performance.

Holders

As of March ~~July 31~~29, ~~2009~~2010, ~~6,527,500~~ ~~shares~~in ofaccordance ~~common~~with ~~stock~~our ~~were~~transfer ~~issued~~agent ~~and~~records, ~~outstanding. There~~we ~~are~~had ~~approximately~~87 41record holders ~~shareholders~~ of our ~~common~~Common ~~stock and each shareholder of our common stock is entitled to one vote for each share on all matters submitted to a stockholder vote~~Stock.

Holders of common stock do not have cumulative voting rights.

Therefore, holders of a majority of the shares of common stock voting for the election of directors can elect all of the directors. Holders of our common stock representing a majority of the voting power of our capital stock issued and outstanding and entitled to vote, represented in person or by proxy, are necessary to constitute a quorum at any meeting of our stockholders. A vote by the holders of a majority of our outstanding shares is required to effectuate certain fundamental corporate changes such as liquidation, merger or an amendment to our Articles of Incorporation.

Although there are no provisions in our charter or by-laws that may delay, defer or prevent a change in control, we are authorized, without shareholder approval, to issue shares of preferred stock that may contain rights or restrictions that could have this effect.

Holders of common stock are entitled to share in all dividends that the board of directors, in its discretion, declares from legally available funds. In the event of liquidation, dissolution or winding up, each outstanding share entitles its holder to participate pro rata in all assets that remain after payment of liabilities and after providing for each class of stock, if any, having preference over the common stock. Holders of our common stock have no pre-emptive rights, no conversion rights and there are no redemption provisions applicable to our common stock.

Dividends

~~Since~~To ~~inception~~ date, we have not declared or paid any dividends on our common stock. We currently do not anticipate paying any cash dividends in the foreseeable future on our common stock, when issued pursuant to this offering. Although we intend to retain our earnings, if any, to finance the exploration and growth of our business, our Board of Directors will have the discretion to declare and pay dividends in the future.

Payment of dividends in the future will depend upon our earnings, capital requirements, and other factors, which our Board of Directors may deem relevant.

~~Recent~~Stock Option ~~Sales of Unregistered Securities~~Grants

~~None~~To date, we have not granted any stock options.

5ITEM 6. SELECTED FINANCIAL DATA.

Equity Compensation Plan Information

The following table sets forth certain information as of September _, 2009, with respect to compensation plans under which our equity securities are authorized for issuance:

(a) (b) (c) Number of securities to be issued upon exercise of outstanding options, warrants and rights Weighted-average exercise price of outstanding options, warrants and rights Number of securities remaining available for future issuance under equity compensation plans (excluding securities reflected in column (a)) Equity compensation Plans approved by Security holders None Equity compensation Plans not approved By security holders None Total

Item 6. Selected Financial Data.

Not applicable.

~~Item~~ ITEM 7. ~~Management~~ MANAGEMENT’sS ~~Discussion~~DISCUSSION AND ~~and~~ANALYSIS ~~Analysis~~OR ofPLAN ~~Financial~~OF ~~Condition and Results of Operations.~~OPERATIONS

~~This~~The following ~~section~~plan of ~~the~~operation ~~Registration~~provides ~~Statement~~information which management believes is relevant to an assessment and understanding of our results of operations and financial condition. The discussion should be read along with our financial statements and notes thereto. This section includes a number of forward-looking statements that reflect our current views with respect to future events and financial performance. Forward-looking statements are often identified by words like believe, expect, estimate, anticipate, intend, project and similar expressions, or words which, by their nature, refer to future events. You should not place undue certainty on these forward-looking statements. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from our predictions.

~~Plan of Operation~~ Overview

The Company has not begun operations, and we require outside capital to implement our business model.

1. All business functions will be coordinated and managed by our founder, including marketing, finance and operations. We intend to hire a part-time employee to facilitate with the acquisition of contracts and assist in targeted marketing implementation. The time commitment of the position will depend upon the aggressiveness of our product launch, but we believe it will require a minimum of $15,000 to hire the personnel needed to assist with our new business activity. 2. We intend to launch a targeted marketing campaign focusing on trade show participation, media promotions and public relations. We intent to support these marketing efforts through the development of high quality printed marketing materials and an attractive and informative trade and consumer website, www.coloraccents.com. We expect the total cost of the marketing program to range from $10,000 to $75,000. During this preliminary launch period, we also expect to invest between $1,000 and $5,000 in accounting and inventory management software. 3. Within 90-120 days of the initiation of our marketing campaign, we believe that we will begin to generate revenues from our marketing activities and targeted media approach.

We are still pursuing this plan but to date we have not been able to raise additional funds through either debt or equity offerings, without additional cash we will not be able to pursue our plan of operations and will not be able to begin generating revenue. We believe that we may not be able to raise the necessary funds to continue to pursue our business operations. As a result of the foregoing, we have recently begun to explore our options regarding the development of a new business plan and direction.

Results of Operations

For the period from inception through ~~July~~December 31, 2009, we had $5,~~767 in revenue and $5~~311,~~767~~967 ~~in cost of sales, resulting in no profit margin through July 31, 2009, all services included in cost of sales were performed by a related party~~revenue. Expenses for the ~~fiscal~~period ~~year~~from ~~ending~~inception ~~July~~to December 31, 2009 totaled $~~122~~5,~~800~~ 487,343 resulting in a ~~net~~Net gain (loss) of ~~$122,800. Expenses~~ ~~for the period were comprised of costs of professional fees of~~ ($48238,~~960 and general and administrative expenses of $73,840~~244).

From inception on April 28, 2008 through the fiscal year ended July 31, 2008, we recognized a net loss of $24,411. Expenses for this period was comprised of costs of professional fees of $12,500 and general and administrative expenses of $11,911.5

Since inception, we have recognized a net loss of $147,211. Expenses for the period were comprised of costs of professional fees of $61,460 and general and administrative expenses of $85,751.

Capital Resources and Liquidity

As of December ~~July~~ 31, 2009, we ~~have~~had $848,~~730~~109 ~~cash~~in ~~on hand~~cash. We expect to spend an additional $10,000 for marketing purposes and $5,000 for development of our website during the next twelve months. In addition, we expect to incur legal, accounting and audit fees to cover our SEC filings during the next twelve months.

Based upon the above, we believe that we do not have enough cash to support our current daily operations for the next twelve months of operations while we are attempting to commence operations and produce revenues. While we currently have no plans to expand our business beyond our business operations set forth herein, we may decide in the future to expand which would cause our cash requirements to increase. If we require additional cash for expansion or if our expenses increase unexpectedly, we would attempt to raise additional funds by way of a public or private offering. We believe that the actions presently being taken to further implement its business plan and generate revenues provide the opportunity us to continue as a going concern.

While we believe in the viability of its strategy to increase revenues and in its ability to raise additional funds, there can be no assurances to that effect. Our ability to continue as a going concern is dependent upon our ability to further implement our business plan and generate revenues.

We anticipate that depending on market conditions and our plan of operations, we may incur operating losses in the foreseeable future. Therefore, our auditors have raised substantial doubt about our ability to continue as a going concern.

Critical Accounting Policies

Our financial statements and related public financial information are based on the application of accounting principles generally accepted in the United States (“GAAP”). GAAP requires the use of estimates; assumptions, judgments and subjective interpretations of accounting principles that have an impact on the assets, liabilities, revenues and expense amounts reported. These estimates can also affect supplemental information contained in our external disclosures including information regarding contingencies, risk and financial condition. We believe our use if estimates and underlying accounting assumptions adhere to GAAP and are consistently and conservatively applied. We base our estimates on historical experience and on various other assumptions that we believe to be reasonable under the circumstances. Actual results may differ materially from these estimates under different assumptions or conditions. We continue to monitor significant estimates made during the preparation of our financial statements.

Our significant accounting policies are summarized in Note 1 of our financial statements. While all these significant accounting policies impact its financial condition and results of operations, we view certain of these policies as critical. Policies determined to be critical are those policies that have the most significant impact on our financial statements and require management to use a greater degree of judgment and estimates. Actual results may differ from those estimates. Our management believes that given current facts and circumstances, it is unlikely that applying any other reasonable judgments or estimate methodologies would cause effect on our results of operations, financial position or liquidity for the periods presented in this report.

Recent Accounting Pronouncements

In December ~~May 2009~~2007, the Financial Accounting Standards Board (FASB) issued SFAS No. 160, ~~165~~ “~~Subsequent~~Non-controlling Interests ~~Events”~~in ~~(“SFAS~~Consolidated ~~165~~Financial Statements – an amendment of ARB No. 51”). This ~~SFAS~~statement ~~165~~improves ~~establishes~~the ~~general~~relevance, ~~standards~~comparability, and transparency of ~~accounting~~the ~~for~~financial ~~and~~information ~~disclosure~~that ofa ~~events~~reporting ~~that~~entity ~~occur~~provides ~~after~~in its consolidated financial statements by establishing accounting and reporting standards that require; the ~~balance~~ownership ~~sheet~~interests ~~date~~in ~~but~~subsidiaries ~~before~~held ~~financial~~by ~~statements~~parties other ~~are~~than ~~issued~~the orparent ~~are~~and ~~available~~the amount of consolidated net income attributable to the beparent ~~issued.~~and ~~SFAS~~to ~~165~~the ~~sets~~non-controlling ~~forth~~interest ~~(1)~~be ~~The~~clearly ~~period~~identified ~~after~~and presented on the ~~balance~~ ~~sheet~~face ~~date~~of ~~during~~the ~~which~~consolidated ~~management~~statement of income, changes in a parent’s ~~reporting~~ownership ~~entity~~interest ~~should~~while ~~evaluate~~the ~~events~~parent orretains ~~transactions~~its ~~that~~controlling ~~may~~financial interest ~~occur~~in its subsidiary be accounted for ~~potential~~consistently, ~~recognition~~when ora ~~disclosure~~subsidiary is deconsolidated, any retained non-controlling equity investment in the ~~financial~~former subsidiary ~~statements,~~be ~~(2)~~initially ~~The~~measured ~~circumstances~~at ~~under~~fair ~~which~~value, anentities ~~entity~~provide ~~should~~sufficient disclosures ~~recognize~~that ~~events~~clearly oridentify ~~transactions~~and ~~occurring~~distinguish ~~after~~between the ~~balance~~interests ~~sheet~~of ~~date~~the parent inand ~~its~~the ~~financial~~interests ~~statements~~of ~~and~~the ~~(3)~~non-controlling ~~The~~owners. SFAS ~~disclosures~~No. 160 affects those entities that have an ~~entity~~outstanding ~~should~~non-controlling ~~make~~interest ~~about~~in ~~events~~ one or ~~transactions~~more ~~that~~subsidiaries ~~occurred~~or ~~after~~that ~~the~~deconsolidate ~~balance~~a ~~sheet date~~subsidiary. SFAS ~~165~~No. 160 is effective for fiscal years, and interim orperiods ~~annual~~within ~~financial~~those fiscal years, ~~periods~~beginning ~~ending~~on or after ~~June~~December 15, ~~2009~~2008. ~~The~~Early adoption is prohibited. The adoption of this statement ~~did~~is not expected to have a material effect on the Company’'s financial statements.

8In March 2008, the FASB issued SFAS No. 161, “Disclosures about Derivative Instruments and Hedging Activities, an amendment of FASB Statement No. 133” (SFAS 161). This statement is intended to improve transparency in financial reporting by requiring enhanced disclosures of an entity’s derivative instruments and hedging activities and their effects on the entity’s financial position, financial performance, and cash flows. SFAS 161 applies to all derivative instruments within the scope of SFAS 133, “Accounting for Derivative Instruments and Hedging Activities” (SFAS 133) as well as related hedged items, bifurcated derivatives, and non-derivative instruments that are designated and qualify as hedging instruments. Entities with instruments subject to SFAS 161 must provide more robust qualitative disclosures and expanded quantitative disclosures. SFAS 161 is effective prospectively for financial statements issued for fiscal years and interim periods beginning after November 15, 2008, with early application permitted. We are currently evaluating the disclosure implications of this statement.

In ~~June 2009~~May 2008, the FASB issued SFAS No. ~~166~~162, “~~Accounting~~The ~~for~~Hierarchy ~~Transfers~~ of ~~Financial~~Generally ~~Assets—an~~Accepted Accounting ~~amendment of FASB Statement No. 140~~Principles” (“SFAS ~~166~~162”). SFAS ~~166~~162 ~~improves~~identifies the ~~relevance,~~sources of ~~representational~~accounting ~~faithfulness,~~principles and ~~comparability of~~ the ~~information~~framework ~~that~~for aselecting ~~reporting~~principles ~~entity~~to ~~provides~~be used in ~~its~~the ~~financial~~preparation ~~statements about a transfer~~ of financial ~~assets;~~statements ~~the effects~~ of anongovernmental ~~transfer~~entities onthat ~~its~~are presented ~~financial~~in ~~position,~~conformity ~~financial~~with ~~performance,~~generally ~~and~~accepted ~~cash~~accounting ~~flows;~~principles ~~and~~in athe United ~~transferor’s~~States. This ~~continuing~~statement ~~involvement,~~shall ifbe ~~any,~~effective in60 ~~transferred~~days ~~financial~~following ~~assets.~~the SEC’s ~~SFAS~~approval ~~166 is effective as~~ of the ~~beginning~~Public ofCompany ~~each~~Accounting ~~reporting~~Oversight ~~entity~~Board’s ~~first~~amendments ~~annual~~to AU ~~reporting~~section ~~period that begins after November 15~~411, ~~2009,~~The ~~for~~Meaning ~~interim~~of ~~periods~~Present ~~within~~Fairly ~~that~~in ~~first~~Conformity ~~annual~~with ~~reporting~~Generally Accepted ~~period~~Accounting ~~and~~Principles. The ~~for~~Company ~~interim~~is ~~and~~currently ~~annual~~evaluating the ~~reporting~~impact ~~periods~~of ~~thereafter.~~SFAS ~~The~~162, ~~Company~~but isdoes ~~evaluating~~not ~~the~~expect ~~impact~~ the adoption of ~~SFAS~~this ~~166~~ pronouncement will have a material impact on its financial ~~statements~~position, results of operations or cash flows.

In ~~June 2009~~May 2008, the FASB issued SFAS No. ~~167~~163, “~~Amendments~~Accounting tofor ~~FASB~~Financial ~~Interpretation~~Guarantee Insurance ~~No.~~Contracts-an ~~46(R)”~~interpretation ~~(“SFAS~~of ~~167”).~~FASB ~~SFAS~~Statement ~~167~~No. ~~improves~~60.” ~~financial~~Diversity exists ~~reporting~~in bypractice ~~enterprises~~in ~~involved~~accounting ~~with~~for ~~variable~~financial ~~interest~~guarantee ~~entities~~insurance ~~and~~contracts toby insurance ~~address~~enterprises ~~(1)~~under ~~the effects on certain provisions of~~ FASB ~~Interpretation~~Statement No. 4660, ~~(revised~~Accounting ~~December~~and ~~2003),~~Reporting ~~“Consolidation~~by ofInsurance ~~Variable~~Enterprises. ~~Interest~~This ~~Entities”,~~results asin ainconsistencies ~~result~~in of the ~~elimination~~recognition and measurement of ~~the~~claim ~~qualifying~~liabilities. ~~special-purpose~~This ~~entity~~Statement ~~concept~~requires inthat ~~SFAS~~an ~~166~~insurance enterprise ~~and~~recognize ~~(2)~~a ~~constituent~~claim ~~concerns~~liability ~~about~~prior ~~the~~to ~~application~~an ofevent ~~certain key provisions~~ of ~~Interpretation~~default 46(Rinsured event), ~~including~~when ~~those~~there inis ~~which~~evidence ~~the~~that ~~accounting~~credit ~~and~~deterioration ~~disclosures~~has ~~under~~occurred ~~the~~in ~~Interpretation~~an insured dofinancial ~~not~~obligation. ~~always~~This ~~provide~~Statement ~~timely~~requires ~~and~~expanded ~~useful~~disclosures ~~information~~ about financial anguarantee ~~enterprise’s~~insurance ~~involvement~~contracts. inThe aaccounting ~~variable~~and ~~interest~~disclosure requirements ~~entity.~~of ~~SFAS~~the ~~167~~Statement iswill ~~effective~~improve ~~as of~~ the ~~beginning~~quality of ~~each~~information ~~reporting entity’s first~~provided ~~annual~~to ~~reporting~~users ~~period~~of ~~that~~financial ~~begins after November 15, 2009, for interim periods within that first annual reporting period, and for interim and annual reporting periods thereafter~~statements. The ~~Company~~adoption isof ~~evaluating~~FASB ~~the~~163 ~~impact~~is ~~the~~not ~~adoption~~expected ofto have ~~SFAS~~a ~~167~~material ~~will~~impact ~~have~~ on ~~its~~the Company’s financial ~~statements~~position.

~~In June 2009, the FASB issued SFAS No. 168 “The FASB~~ Critical Accounting ~~Standards~~Policies ~~Codification~~ and the Hierarchy of Generally Accepted Accounting Principles—a replacement of FASB Statement No. 162”. The FASB Accounting Standards Codification (“Codification”) will be the single source of authoritative nongovernmental U.S. generally accepted accounting principles. Rules and interpretive releases of the SEC under authority of federal securities laws are also sources of authoritative GAAP for SEC registrants. SFAS 168 is effective for interim and annual periods ending after September 15, 2009. All existing accounting standards are superseded as described in SFAS 168. All other accounting literature not included in the Codification is nonauthoritative. The Codification is not expected to have a significant impact on the Company’s financial statements.Estimates

~~Item~~Our financial 7Astatements and related public financial information are based on the application of accounting principles generally accepted in the United States (“GAAP”). ~~Quantitative~~ GAAP requires the use of estimates; assumptions, judgments and subjective ~~Qualitative~~interpretations ~~Disclosures~~of ~~About~~accounting ~~Market~~principles ~~Risk~~that have an impact on the assets, liabilities, revenues and expense amounts reported. These estimates can also affect supplemental information contained in our external disclosures including information regarding contingencies, risk and financial condition. We believe our use of estimates and underlying accounting assumptions adhere to GAAP and are consistently and conservatively applied. We base our estimates on historical experience and on various other assumptions that we believe to be reasonable under the circumstances. Actual results may differ materially from these estimates under different assumptions or conditions. We continue to monitor significant estimates made during the preparation of our financial statements.

WeUse doof ~~not~~Estimates: In ~~hold~~preparing ~~any~~financial statements ~~derivative~~in ~~instruments~~conformity with generally accepted accounting principles, management is required to make estimates and doassumptions ~~not~~that ~~engage~~affect inthe reported ~~any~~amounts ~~hedging~~of ~~activities~~assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and revenues and expenses during the reported period. Actual results could differ from those estimates.

~~Item~~Revenue Recognition: Revenue 8is recognized when persuasive evidence of an arrangement exists, delivery has occurred, the fee is fixed or determinable and collectability is assured. ~~Financial~~ We ~~Statements~~had no revenue for the twelve months ended June 30, 2009 and 2007, respectively.

~~COLOR ACCENTS HOLDINGS, INC. AND SUBSIDIARY~~Stock-Based Compensation:

The Company accounts for its stock-based compensation under the provisions of SFAS No.123(AR) ~~DEVELOPMENT~~Accounting ~~STAGE~~for ~~COMPANY~~Stock Based Compensation. Under SFAS No. 123(R), the Company is permitted to record expenses for stock options and other employee compensation plans based on their fair value at the date of grant. Any such compensation cost is charged to expense on a straight-line basis over the periods the options vest. If the options had cashless exercise provisions, the Company utilizes variable accounting.

~~CONTENTS~~Common stock, stock options and common stock warrants issued to other than employees or directors are recorded on the basis of their fair value, as required by SFAS No. 123(R), which is measured as of the date required by EITF Issue 96-18, Accounting for Equity Instruments That Are Issued to Other Than Employees for Acquiring, or in Conjunction with Selling, Goods or Services. In accordance with EITF 96-18, the stock options or common stock warrants are valued using the Black-Scholes model on the basis of the market price of the underlying common stock on the valuation date, which for options and warrants related to contracts that have substantial disincentives to nonperformance is the date of the contract, and for all other contracts is the vesting date. Expense related to the options and warrants is recognized on a straight-line basis over the shorter of the period over which services are to be received or the vesting period. Where expense must be recognized prior to a valuation date, the expense is computed under the Black-Scholes model on the basis of the market price of the underlying common stock at the end of the period, and any subsequent changes in the market price of the underlying common stock up through the valuation date is reflected in the expense recorded in the subsequent period in which that change occurs.

PAGE	F-1	REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
PAGE	F-2	CONSOLIDATED BALANCE SHEETS AS OF JULY 31, 2009 AND 2008
PAGE	F-3	CONSOLIDATED STATEMENT OF OPERATIONS FOR THE YEARS ENDED JULY 31, 2009 AND FOR THE PERIOD FROM APRIL 28, 2008 (INCEPTION) TO JULY 31, 2008 AND FOR THE PERIOD FROM APRIL 28, 2008 (INCEPTION) TO JULY 31, 2009.
PAGE	F-4	CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS’ EQUITY FOR THE PERIOD FROM APRIL 28, 2008 (INCEPTION) TO JULY 31, 2009
PAGE	F-5	CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEARS ENDED JULY 31, 2009 AND FOR THE PERIOD FROM APRIL 28, 2008 (INCEPTION) TO JULY 31, 2008 AND FOR THE PERIOD FROM APRIL 28, 2008 (INCEPTION) TO JULY 31, 2009.
PAGES	F-6 - F-10	NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

In December 2002, the Financial Accounting Standards Board (FASB) issued SFAS No. 148, Accounting for Stock-Based Compensation-Transition and Disclosure. SFAS No. 148 also amends the disclosure requirements of SFAS No. 123(R), requiring prominent disclosure in annual and interim financial statements regarding a company's method for accounting for stock-based employee compensation and the effect of the method on reported results.

Off-Balance Sheet Arrangements

We do not have any off-balance sheet arrangements, financings, or other relationships with unconsolidated entities or other persons, also known as “special purpose entities” (SPEs).

ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.

We are subject to certain market risks, including changes in interest rates and currency exchange rates. We have not undertaken any specific actions to limit those exposures.

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors and Shareholders of:

~~Color Accents Holdings~~Muscato Group, Inc. & Subsidiary

(AWe ~~Development~~have audited ~~Stage~~the accompanying consolidated balance sheets of Muscato Group Inc. & Subsidiary as of December 31, 2009 and 2008 and the related consolidated statements of operations, changes in stockholders' deficit and cash flows for the years ended December 31, 2009 and 2008. These consolidated financial statements are the responsibility of the Company)'s management. Our responsibility is to express an opinion on these consolidated financial statements based on our audits.

We conducted ~~have~~our ~~audited~~audits ~~the~~in ~~accompanying~~accordance ~~consolidated~~with ~~balance~~the ~~sheets~~standards of ~~Color~~the ~~Accents~~Public ~~Holdings,~~Company Accounting ~~Inc.~~Oversight ~~and~~Board ~~Subsidiary~~ (aUnited ~~development stage company~~States). Those asstandards ofrequire that ~~July~~we ~~31,~~plan ~~2009~~ and ~~2008,~~perform ~~and~~ the ~~related~~audits ~~consolidated~~to ~~statements~~obtain ofreasonable ~~operations,~~assurance ~~changes~~about inwhether the ~~stockholders’~~consolidated ~~equity~~financial ~~and~~statements ~~cash~~are ~~flows~~free ~~for~~of ~~the~~material ~~year~~misstatement. ~~ended~~An audit ~~July~~includes 31examining, ~~2009,~~on ~~the~~a ~~period~~test ~~from April 28~~basis, ~~2008 (Inception)~~evidence tosupporting ~~July~~the ~~31,~~amounts ~~2008~~ and disclosures in the ~~period~~consolidated ~~from~~financial ~~April~~statements. An ~~28,~~audit ~~2008~~also includes ~~(Inception)~~assessing tothe ~~July~~accounting ~~31,~~principles ~~2009.~~used ~~These~~and ~~consolidated~~significant ~~financial~~estimates ~~statements~~made by ~~are~~management, ~~the~~as ~~responsibility~~well ofas evaluating the ~~Company’s~~overall ~~management~~financial statement presentation. ~~Our~~We ~~responsibility~~believe isthat toour ~~express~~audits anprovide ~~opinion~~a onreasonable ~~these~~basis for ~~consolidated financial statements based on~~ our ~~audits~~opinion.

WeIn ~~conducted~~ our opinion, ~~audits in accordance with~~ the ~~standards~~consolidated offinancial ~~the~~statements ~~Public~~referred ~~Company~~to ~~Accounting~~above ~~Oversight~~present ~~Board~~fairly, in ~~(United~~all ~~States).~~material ~~Those~~respects, ~~standards~~the ~~require~~financial ~~that~~position weof ~~plan~~Muscato ~~and~~Group, ~~perform~~Inc. ~~the~~& Subsidiary as ~~audits~~of toDecember ~~obtain~~31, ~~reasonable~~2009 ~~assurance~~and ~~about~~2008 ~~whether~~and the ~~financial~~results ~~statements are free~~ of ~~material~~its operations ~~misstatement.~~and Anits ~~audit~~cash ~~includes~~flows ~~examining,~~for onthe ayears ~~test~~ended ~~basis~~December 31, ~~evidence supporting~~2009 ~~the amounts~~ and ~~disclosures~~2008 in conformity ~~the~~with ~~financial statements. An audit also includes assessing the~~ accounting principles ~~used~~generally ~~and~~accepted ~~significant~~in ~~estimates made by management, as well as evaluating~~ the ~~overall~~United ~~financial~~States ~~statement presentation~~of America. ~~We believe that our audits provide a reasonable basis for our opinion.~~

In our opinion, the consolidated financial statements referred to above present fairly in all material respects, the financial position of Color Accents Holdings, Inc. and Subsidiary (a development stage company) as of July 31, 2009 and 2008 and the results of its operations and its cash flows for the year ended July 31, 2009, the period /s/ ~~from April 28~~JEWETT, ~~2008 (Inception) to July 31~~SCHWARTZ, ~~2008~~WOLFE ~~and~~AND ~~for the period from April 28, 2008 (Inception) to July 31, 2009 in conformity with accounting principles generally accepted in the United States of America.~~ASSOCIATES

~~The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 6 to the financial statements~~Hollywood, ~~the Company has minimal operations, a net loss from inception of $147,211 and used cash in operations of $144,020 since inception. These factors raise~~ substantial doubt about the Company's ability to continue as a going concern. Management's plans concerning these matters are also described in Note 6. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.Florida

~~WEBB~~March ~~& COMPANY~~31, ~~P.A.~~ 2010

~~Certified~~200 ~~Public~~South ~~Accountants~~Park Road, Suite 150 • Hollywood, Florida 33021 • Main 954.922.5885 • Fax 954.922.5957 • www.jsw-cpa.com

~~Boynton~~Member ~~Beach,~~- American Institute of Certified Public Accountants • Florida Institute of Certified Public Accountants

~~September~~Private ~~14,~~Companies ~~2009~~Practice Section of the AICPA • Registered with the Public Company Accounting Oversight Board of the SEC

F-1

Color Accents Holdings, Inc. and Subsidiary
(A Development Stage Company)
Consolidated Balance Sheets
ASSETS
	July 31, 2009			July 31, 2008
Current Assets
Cash	$	8,730		$	142,639
Prepaid expenses		6,650			-
Total Assets	$	15,380		$	142,639
LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities
Accounts payable	$	2,841		$	12,500
Total Liabilities		2,841			12,500
Commitments and Contingencies
Stockholders' Equity
Preferred stock, $0.0001 par value; 10,000,000 shares authorized, none issued and
outstanding		-			-
Common stock, $0.0001 par value; 100,000,000 shares authorized, 6,527,500
and 6,527,500 shares issued and outstanding, respectively		653			653
Additional paid-in capital		159,097			153,897
Deficit accumulated during the development stage		(147,211	)		(24,411	)
Total Stockholders' Equity		12,539			130,139
Total Liabilities and Stockholders' Equity	$	15,380		$	142,639

MUSCATO GROUP, INC. & SUBSIDIARY

~~See~~(f/k/a COLOR ~~accompanying~~ACCENTS ~~notes~~HOLDINGS, toINC. ~~consolidated~~& ~~financial statements~~SUBSIDIARY)

CONSOLIDATED BALANCE SHEETS

	December 31,			December 31,
	2009			2008
	(Audited)			(Audited)
ASSETS

CURRENT ASSETS
Cash	$	48,109		$	101,362
Accounts receivable, net		507,506			793,467
Prepaid expenses		13,348			60,681

TOTAL CURRENT ASSETS		568,962			955,510

PROPERTY and EQUIPMENT, net		116,794			140,619

DEPOSITS		21,080			94,782

INTANGIBLE ASSETS, net		24,999			50,000


TOTAL ASSETS	$	731,835		$	1,240,911


LIABILITIES AND SHAREHOLDERS' DEFICIT

CURRENT LIABILITIES
Accounts payable and accrued expenses	$	377,727		$	168,869
Deferred revenue		771,159			747,996
Loans from related parties		287,360			1,247,619
Current portion of note payable		14,967			13,235
Funding liability		470,641			-

TOTAL CURRENT LIABILITIES		1,921,854			2,177,719

LONG TERM NOTE PAYABLE		55,812			70,779

TOTAL LIABILITIES		1,977,666			2,248,498

COMMITMENTS AND CONTINGENCIES

SHAREHOLDERS' DEFICIT
Common stock, $.0001 par value, 100,000,000 shares
authorized, 8,127,000 and 13,127,000 shares issued and
outstanding as of December 31, 2009 and 2008		813			1,313


Additional paid in capital		86,243			85,743
Retained earnings (accumulated deficit)		(1,332,887	)		(1,094,643	)

TOTAL SHAREHOLDERS' DEFICIT		(1,245,831	)		(1,007,587	)

TOTAL LIABILITIES AND SHAREHOLDERS' DEFICIT	$	731,835		$	1,240,911

F-2

MUSCATO ~~Color Accents Holdings~~GROUP, ~~Inc~~INC. ~~and~~& ~~Subsidiary (A~~SUBSIDIARY ~~Development Stage Company) Consolidated Statements of Operations~~

(f/k/a COLOR ACCENTS HOLDINGS, INC. & SUBSIDIARY)

	For the Year Ended July 31, 2009			For the Period From April 28, 2008 (Inception) to July 31, 2008			For the Period From April 28, 2008 (Inception) to July 31, 2009
Revenue	$	5,767		$			$	5,767
Cost of Revenue		5,767						5,767
Gross Profit		-			-			-
Operating Expenses
Professional fees		48,960			12,500			61,460
General and administrative		73,840			11,911			85,751
Total Operating Expenses		122,800			24,411			147,211
LOSS FROM OPERATIONS BEFORE INCOME TAXES		(122,800	)		(24,411	)		(147,211	)
Provision for Income Taxes		-			-			-
NET LOSS	$	(122,800	)	$	(24,411	)		(147,211	)
Net Loss Per Share - Basic and Diluted	$	(0.02	)	$	(0.00	)
Weighted average number of shares outstanding during the period - Basic and Diluted		6,527,500			6,120,479

CONSOLIDATED STATEMENTS OF OPERATIONS

See accompanying notes to consolidated financial statements

		Year Ended December 31,
		2009			2008


CONTRACT REVENUES EARNED		$	5,311,967		$	2,463,339

COST OF REVENUES EARNED			80,765			-

GROSS PROFIT			5,231,202			2,463,339

OPERATING EXPENSES
	Salaries and related expenses		3,113,720			2,233,444
	Professional services		119,343			807,019
	General and administrative expenses		1,930,276			637,014
	Rent		235,714			175,983
	Depreciation and amortization		88,291			62,292
	Total operating expenses		5,487,343			3,915,752

ILOSS FROM CONTINUING OPERATIONS
BEFORE INTEREST INCOME, EXPENSE AND INCOME TAXES			(256,141	)		(1,452,413	)

	Other income		-			2,320,258
	Interest income		5,652			-
	Interest expense		(9,656	)		-
	Income Tax expense		21,900			-

INCOME (LOSS) FROM OPERATIONS		$	(238,244	)	$	867,845

BASIC AND FULLY DILUTED NET LOSS PER SHARE		$	(0.02	)	$	8,678.45

WEIGHTED AVERAGE SHARES OUTSTANDING			13,127,000			100

F-3

MUSCATO GROUP, INC. & SUBSIDIARY

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' DEFICIT

Color Accents Holdings, Inc. and Subsidiary
(A Development Stage Company)
Consolidated Statement of Stockholders' Equity
For the Period from April 28, 2008 (Inception) to July 31, 2009
											Deficit
	Preferred stock				Common stock				Additional		accumulated during			Total
									paid-in		development			Stockholder's
	Shares		Amount		Shares		Amount		capital		stage			Equity
Balance April 28, 2008		-	$	-		-	$	-	$	-	$	-		$	-
Common stock issued for services to founder ($0.0001/Sh)		-		-		5,000,000		500		-		-			500
Common stock issued for cash ($0.10/Sh)		-		-		1,527,500		153		152,597		-			152,750
In kind contribution of services		-		-		-		-		1,300		-			1,300
Net loss for the period April 28, 2008 (inception) to July 31, 2008		-		-		-		-		-		(24,411	)		(24,411	)
Balance, July 31, 2008		-		-		6,527,500		653		153,897		(24,411	)		130,139
In kind contribution of services		-		-		-		-		5,200		-			5,200
Net loss for the year ended July 31, 2009		-		-		-		-		-		(122,800	)		(122,800	)
Balance, July 31, 2009		-	$	-		6,527,500	$	653	$	159,097	$	(147,211	)	$	12,539

FOR THE YEARS ENDED DECEMBER 31, 2008 AND 2007

See accompanying notes to consolidated financial statements

	Common Stock, no par value
				Par			Paid in		Accumulated			Shareholders'
	Shares			Value			Capital		Deficit			Deficit


BALANCE AT DECEMBER 31, 2007		13,127,500		$	1,313		$	85,743	$	(1,746,285	)	$	(1,659,229	)

Reclassification										(216,203	)		(216,203	)

Net income		-						-		867,845			867,845

BALANCE AT DECEMBER 31, 2008		13,127,500			1,313		$	85,743	$	(1,094,643	)	$	(1,007,587	)


Cancellation of shares		(5,000,000	)		(500	)		500		-			-

Net loss		-						-		(219,324	)		(219,324	)


BALANCE AT DECEMBER 31, 2009		8,127,500		$	813		$	86,243	$	(1,313,967	)	$	(1,226,911	)

F-4

Color Accents Holdings, Inc. and Subsidiary
(A Development Stage Company)
Consolidated Statements of Cash Flows
				For the Period From			For the Period From
	For the YearEnded			April 28, 2008 (Inception) to			April 28, 2008 (Inception) to
	July 31, 2009			July 31, 2008			July 31, 2009
Cash Flows Used In Operating Activities:
Net Loss	$	(122,800	)	$	(24,411	)	$	(147,211	)
Adjustments to reconcile net loss to net cash used in operations
Common stock issued for services		-			500			500
In-kind contribution of services		5,200			1,300			6,500
Changes in operating assets and liabilities:
(Increase) in prepaid expenses		(6,650	)		-			(6,650	)
Increase/(Decrease) in accounts payable		(9,659	)		12,500			2,841
Net Cash Used In Operating Activities		(133,909	)		(10,111	)		(144,020	)
Cash Flows From Financing Activities:
Proceeds from issuance of common stock		-			152,750			152,750
Net Cash Provided by Financing Activities		-			152,750			152,750
Net Increase (Decrease) in Cash		(133,909	)		142,639			8,730
Cash at Beginning of Period		142,639			-			-
Cash at End of Period	$	8,730		$	142,639		$	8,730
Supplemental disclosure of cash flow information:
Cash paid for interest	$	-		$	-		$	-
Cash paid for taxes	$	-		$	-		$	-

MUSCATO GROUP, INC. & SUBSIDIARY

(f/k/a COLOR ACCENTS HOLDINGS, INC. & SUBSIDIARY)

CONSOLIDATED STATEMENTS OF CASH FLOWS

~~See~~For the ~~accompanying~~year ~~notes~~ended toDecember ~~consolidated financial statements~~31,

	2009			2008


Cash flows from operating activities:
Net income (loss)	$	(238,244	)	$	867,845

Adjustments to reconcile net income (loss) to net cash
provided by (used in) operating activities:
Depreciation and amortization		88,289			62,292
Allowance for doubtful accounts		-			69,000
Net adjustment debt forgiveness		-			(2,368,432	)
Changes in operating assets and liabilities:
Accounts receivable		285,961			5,838
Prepaid assets		47,333			(23,030	)
Deposits		73,702			1,681
Accounts payable and accrued expenses		190,363			(262,711	)
Deferred revenue		23,163			178,619
Other current liabilities		470,641			-
Net cash provided by (used in) operating activities		941,208			(1,468,898	)

Cash flows from investing activities:
Acquisition of property and equipment		(39,464	)		(105,891	)

Net cash used in investing activities		(39,464	)		(105,891	)

Cash flows from financing activities:
Proceeds from related party loan		-			1,247,619
Repayments of related party loans		(960,259	)		-
Proceeds from loans payable		5,262			84,014
Net cash provided by financing activities		(954,997	)		1,331,633

NET DECREASE IN CASH		(53,253	)		(243,156	)

CASH AT BEGINNING OF YEAR		101,362			344,518

CASH AT END OF PERIOD	$	48,109		$	101,362

Supplemental disclosure of cash flow information:
Cash paid during the year for interest	$	-		$	-
Cash paid for taxes	$	-		$	-

F-5

MUSCATO ~~COLOR ACCENTS HOLDINGS~~GROUP, INC. ~~AND~~& SUBSIDIARY (A DEVELOPMENT STAGE COMPANY) NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF JULY 31, 2009 AND 2008 NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND ORGANIZATION (A) Organization Color Accents Holdings, Inc. (a development stage company) (the "Company") was incorporated under the laws of the State of Nevada on April 28, 2008. Color Accents Holdings, Inc. is planning to provide total interior design, color analysis and home staging to the entire housing market network including home builders, home renovators and real estate firms and agents. Activities during the development stage include developing the business plan and raising capital. (B) Principles of Consolidation The accompanying 2009 and 2008 consolidated financial statements include the accounts of Color Accents Holdings, Inc. from April 28, 2008 (inception) and its 100% owned subsidiary Color Accents, Inc. All inter-company accounts have been eliminated in the consolidation (See Note 2(D)). (C) Use of Estimates In preparing financial statements in conformity with generally accepted accounting principles, management is required to make 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 revenues and expenses during the reported period. Actual results could differ from those estimates. (D) Cash and Cash Equivalents The Company considers all highly liquid temporary cash investments with an original maturity of three months or less to be cash equivalents. At July 31, 2009 and July 31, 2008, respectively, the Company had no cash equivalents. (E) Loss Per Share Basic and diluted net loss per common share is computed based upon the weighted average common shares outstanding as defined by Financial Accounting Standards No. 128, “Earnings Per Share.” As of July 31, 2009 and 2008, there were no common share equivalents outstanding. F-6 COLOR ACCENTS HOLDINGS, INC. AND SUBSIDIARY (A DEVELOPMENT STAGE COMPANY) NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF JULY 31, 2009 AND 2008 (F) Income Taxes The Company accounts for income taxes under the Statement of Financial Accounting Standards No. 109, “Accounting for Income Taxes” (“SFAS 109”). Under SFAS 109, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Under SFAS 109, the effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. As of July 31, 2009 and 2008 the Company has a net operating loss carryforward of $140,211 and $22,611, respectively, available to offset future taxable income through 2029. The valuation allowance at July 31, 2009 was $53,027. The valuation allowance at July 31, 2008 was $7,688. The net change in the valuation allowance for the year ended July 31, 2009 and 2008 was an increase $45,339 and $7,688, respectively. (G) Business Segments The Company operates in one segment and therefore segment information is not presented. (H) Concentration of Credit Risk The Company at times has cash in banks in excess of FDIC insurance limits. The Company had $0 and $42,639 in excess of FDIC insurance limits as of July 31, 2009 and July 31, 2008, respectively. In October of 2008, the FDIC increased the insurance limits on deposits to $250,000 per depositor. At July 31, 2009, 100% of sales earned were from one customer. (I) Revenue Recognition The Company’s revenue is derived solely from services and is recognized in accordance with Securities and Exchange Commission Staff Accounting Bulletin No. 101, “Revenue Recognition in Financial Statements” and No. 104, “Revenue Recognition”. In all cases, revenue is recognized only when the price is fixed and determinable, persuasive evidence of an arrangement exists, the service is performed and collectability of the resulting receivable is reasonably assured. (J) Recent Accounting Pronouncements In May 2009, the FASB issued SFAS No. 165 “Subsequent Events” (“SFAS 165”). SFAS 165 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. SFAS 165 sets forth (1) The period after the balance sheet date during which management of a reporting entity should evaluate events or transactions that may occur for potential recognition or disclosure in the financial statements, (2) The circumstances under which an entity should recognize events or transactions occurring after the balance sheet date in its financial statements and (3) The disclosures that an entity should make about events or transactions that occurred after the balance sheet date. SFAS 165 is effective for interim or annual financial periods ending after June 15, 2009. The adoption of this statement did not have a material effect on the Company’s financial statements. F-7 COLOR ACCENTS HOLDINGS, INC. AND SUBSIDIARY (A DEVELOPMENT STAGE COMPANY) NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF JULY 31, 2009 AND 2008 In June 2009, the FASB issued SFAS No. 166 “Accounting for Transfers of Financial Assets—an amendment of FASB Statement No. 140” (“SFAS 166”). SFAS 166 improves the relevance, representational faithfulness, and comparability of the information that a reporting entity provides in its financial statements about a transfer of financial assets; the effects of a transfer on its financial position, financial performance, and cash flows; and a transferor’s continuing involvement, if any, in transferred financial assets. SFAS 166 is effective as of the beginning of each reporting entity’s first annual reporting period that begins after November 15, 2009, for interim periods within that first annual reporting period and for interim and annual reporting periods thereafter. The Company is evaluating the impact the adoption of SFAS 166 will have on its financial statements. In June 2009, the FASB issued SFAS No. 167 “Amendments to FASB Interpretation No. 46(R)” (“SFAS 167”). SFAS 167 improves financial reporting by enterprises involved with variable interest entities and to address (1) the effects on certain provisions of FASB Interpretation No. 46 (revised December 2003), “Consolidation of Variable Interest Entities”, as a result of the elimination of the qualifying special-purpose entity concept in SFAS 166 and (2) constituent concerns about the application of certain key provisions of Interpretation 46(R), including those in which the accounting and disclosures under the Interpretation do not always provide timely and useful information about an enterprise’s involvement in a variable interest entity. SFAS 167 is effective as of the beginning of each reporting entity’s first annual reporting period that begins after November 15, 2009, for interim periods within that first annual reporting period, and for interim and annual reporting periods thereafter. The Company is evaluating the impact the adoption of SFAS 167 will have on its financial statements. In June 2009, the FASB issued SFAS No. 168 “The FASB Accounting Standards Codification and the Hierarchy of Generally Accepted Accounting Principles—a replacement of FASB Statement No. 162”. The FASB Accounting Standards Codification (“Codification”) will be the single source of authoritative nongovernmental U.S. generally accepted accounting principles. Rules and interpretive releases of the SEC under authority of federal securities laws are also sources of authoritative GAAP for SEC registrants. SFAS 168 is effective for interim and annual periods ending after September 15, 2009. All existing accounting standards are superseded as described in SFAS 168. All other accounting literature not included in the Codification is nonauthoritative. The Codification is not expected to have a significant impact on the Company’s financial statements. F-8

(~~A)Common~~f/k/a ~~Stock~~COLOR ~~issued~~ACCENTS ~~for~~HOLDINGS, ~~Cash~~INC. & SUBSIDIARY)

~~For~~NOTES TO ~~the~~CONSOLIDATED ~~period~~FINANCIAL ~~from April 28, 2008 (inception) through July 31, 2008, the Company issued 1,527,500 shares of common stock for $152,750 ($0.10/share).~~STATEMENTS

~~(B)~~December 31, ~~Stock~~2009 ~~Issued~~and ~~for Services~~2008

OnNOTE ~~April~~1 ~~28, 2008, the Company issued 5,000,000 shares of common stock to its founders having a fair value of $500 ($0.0001/share) in exchange for services provided.~~– ORGANIZATION

~~(C) In-Kind Contribution of services~~Overview

~~For~~Color Accents ~~the~~Holdings, ~~year~~Inc. ~~ended~~(the ~~July~~"Company") ~~31,~~was ~~2009,~~incorporated under the ~~shareholder~~laws of the State ~~Company~~of ~~contributed~~Nevada ~~services~~on ~~having~~April a28, ~~fair~~2008. Color ~~value~~Accents ofHoldings, $5Inc. is planning to provide total interior design,~~200~~ ~~(See~~color ~~Note~~analysis 4)and home staging to the entire housing market network including home builders, home renovators and real estate firms and agents.

~~For~~M2 Systems ~~the~~and ~~period~~its ~~from~~wholly ~~April~~owned 28subsidiary, ~~2008~~Muscato Corporation, (~~inception)~~collectively referred ~~through~~to ~~July~~as ~~31,~~M2 ~~2008,~~Systems) are incorporated under the ~~shareholder~~laws of the ~~Company~~state ~~contributed~~of Florida. ~~services~~M2 ~~having~~Systems ais ~~fair~~engaged ~~value~~primarily in the development and sale of $1software which serves the online transaction processing systems marketplace. M2 Systems primarily serves organizations which are located throughout the United States and operate in the banking,~~300~~ ~~(See~~healthcare, ~~Note~~insurance 4)and transportation industries.

On September 30, 2009, the Company entered into a share exchange agreement (D)the ~~Acquisition~~“Share Exchange Agreement”) and consummated a share exchange (the “Share Exchange”) with M2 Systems and each of the shareholders of M2 Systems (the “M2 Systems Shareholders”).

OnUpon ~~June~~the closing ~~27,~~of ~~2008~~the Share Exchange on September 30, ~~Color~~2009 ~~Accents~~(the ~~Holdings~~“Closing”), ~~Inc.~~the ~~consummated~~M2 Systems anShareholders ~~agreement~~transferred ~~with~~all ~~Color~~of ~~Accents,~~their ~~Inc.,~~shares ~~pursuant~~of tocommon ~~which~~stock in M2 Systems to Color. In ~~Accents~~exchange, ~~Inc.~~Color ~~exchanged~~issued ~~all~~to ofthe ~~its~~M2 ~~common~~Systems Shareholders ~~stock~~an ~~for~~aggregate of 6,~~527~~600,~~500~~000 shares ~~or approximately 100%~~ of ~~the~~our common stock of(the ~~Color Accents Holdings~~“Common Stock”), ~~Inc~~$0. ~~The~~0001 ~~Company~~par ~~has~~value ~~accounted~~per ~~for~~share, representing 81.21% of the ~~transaction~~shares issued asand aoutstanding ~~combination~~immediately ofafter ~~entities~~the ~~under~~Closing. As ~~common~~a ~~control~~result ~~and~~of ~~accordingly~~the Share Exchange, ~~recorded~~M2 ~~the~~Systems ~~merger~~became ata ~~historical~~wholly-owned ~~cost~~subsidiary.

~~NOTE~~The ~~3 COMMITMENTS~~Share Exchange is being accounted for as a “reverse merger” because the M2 Systems’ Shareholders now own a majority of the outstanding shares of our Common Stock immediately following the Share Exchange. M2 Systems is deemed the acquirer in the reverse merger. Consequently, the assets and liabilities and the historical operations that are reflected in the financial statements prior to the Share Exchange are those of M2 Systems and are recorded at the historical cost basis of M2 Systems, and the consolidated financial statements after completion of the Share Exchange include our assets and liabilities and those of M2 Systems, historical operations of M2 Systems, and our operations from the Closing of the Share Exchange. Except as described in the previous paragraphs, no arrangements or understandings exist among present or former controlling stockholders with respect to the election of members of our board of directors and, to our knowledge, no other arrangements exist that might result in a change of control of the Company. Further, because of the issuance of the shares of our Common Stock pursuant to the Share Exchange, a change in control of the Company occurred on the date of consummation of the Share Exchange.

On June 15, 2008 the Company entered into a consulting agreement which provides for monthly administrative and other miscellaneous services. The Company is required to pay $5,000 a month beginning June 15, 2008. The agreement will remain in effect until cancelled by either party.F-6

~~NOTE~~MUSCATO GROUP, ~~4 RELATED~~INC ~~PARTY~~& ~~TRANSACTIONS~~SUBSIDIARY

~~For~~(f/k/a COLOR ~~the~~ACCENTS ~~year ended July 31~~HOLDINGS, ~~2009,~~INC. ~~all~~& ~~services included in cost of sales were performed by the related party.~~SUBSIDIARY)

AsNOTES TO ofCONSOLIDATED ~~July~~FINANCIAL ~~31, 2009, the shareholder of the Company contributed services having a fair value of $5,200 (See Note 2(C)).~~STATEMENTS

December 31, 2009 and 2008

On October 5, 2009, the Company changed its name to Muscato Group, Inc.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

In June 2009, the Financial Accounting Standards Board (FASB) issued its final Statement of Financial Accounting Standards (SFAS) No. 168, “The FASB Accounting Standards Codification and the Hierarchy of Generally Accepted Accounting Principles a Replacement of FASB Statement No. 162”. SFAS No. 168 made the FASB Accounting Standards Codification (ASC ) the single source of U.S. GAAP used by nongovernmental entities in the preparation of financial statements, except for rules and interpretive releases of the Securities and Exchange Commission (SEC) under authority of federal securities laws, which are sources of authoritative accounting guidance for SEC registrants. The Codification is meant to simplify user access to all authoritative accounting guidance by reorganizing U.S. GAAP pronouncements into roughly 90 accounting topics within a consistent structure; its purpose is not to create new accounting and reporting guidance. The Codification supersedes all existing non-SEC accounting and reporting standards and was effective for the Company beginning July 1, 2009. Following SFAS No. 168, the Board will not issue new standards in the form of Statements, FASB Staff Positions, or Emerging Issues Task Force Abstracts; instead, it will issue Accounting Standards Updates (ASU). The FASB will not consider ASUs as authoritative in their own right; these updates will serve only to update the Codification, provide background information about the guidance, and provide the bases for conclusions on the change(s) in the Codification.

Principles of Consolidation

The consolidated financial statements include the accounts of Muscato Group, Inc. (f/k/a Color Accents, Inc.), M2 Systems Corporation and and Muscato Corporation. All significant intercompany balances and transactions have been eliminated in consolidation.

Revenue Recognition

The Company recognizes revenue in accordance with the provisions of ASC 600 Revenue Recognition, which states that revenue is realized and earned when all of the following criteria are met:

(a) persuasive evidence of the arrangement exists,

(b) delivery has occurred or services have been rendered,

(d) collectibility is reasonably assured.

F-7

MUSCATO GROUP, INC & SUBSIDIARY

(f/k/a COLOR ACCENTS HOLDINGS, INC. & SUBSIDIARY)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

December 31, 2009 and 2008

The Company recognizes revenue for the software development upon execution of a non-cancelable contract and the acceptable delivery of the software to the end-user. Software support, consulting, processing fees and other services are recognized as the services are performed. Software maintenance fees are recognized over the term of the underlying maintenance contracts.

Use of Estimates

The preparation of consolidated financial statements in conformity with U.S. generally accepted accounting principles requires management to make a number of estimates and assumptions relating to the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the period. Significant items subject to such estimates and assumptions include the carrying amount of property and equipment, intangible assets and goodwill; valuation allowances for receivables and deferred income tax assets.

Cash and Cash Equivalents

For purposes of the statements of cash flows, the Company considers all highly liquid debt instruments purchased with a maturity of one year or less to be cash equivalents. From time to time, cash accounts held in United States based checking accounts may exceed the Federal Deposit Insurance Corporation (FDIC) $250,000 insured limit. Management believes that no significant concentration of credit risk exists with respect to these cash balances because of its assessment of the credit worthiness and financial viability of their banks.

Accounts Receivable

Accounts receivable are recorded at amounts due and do not bear interest. The Company reviews these receivables on a monthly basis for collectibility. An allowance is established to provide for estimated uncollectable accounts receivable. In estimating the collectability of accounts receivable, management considered the most recent financial information available for the applicable party as well as the most recent payment history. Account balances are charged off against the allowance after all means of collection have been exhausted and potential for recovery is considered remote. The Company has recorded as allowance of approximately $69,000 as of December 31, 2009 and December 31, 2008.

Property and Equipment

Property and equipment are stated at cost at the date of acquisition. Major additions and betterments are capitalized, while replacements, maintenance, and the repairs that do not improve or extend the life of the respective assets are expensed in current operations. Depreciation of property and equipment is calculated using straight-line methods over the estimated useful lives the asset. Estimated useful lives are as follows:

F-8

MUSCATO GROUP, INC & SUBSIDIARY

(f/k/a COLOR ACCENTS HOLDINGS, INC. & SUBSIDIARY)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

December 31, 2009 and 2008

Furniture and Fixtures 3-5 years

Computer and office equipment 3-7 years

Leasehold improvements 10 years

Income Taxes

The Company accounts for income taxes as follows:

The Company makes no provision for Federal or State income taxes for entities that have elected to be taxed as an S Corporation under Subchapter S of the Internal Revenue Code. Entities that have not made this election are accounted for under provisions for “Accounting for Income Taxes” which requires an asset and liability approach to financial accounting for income taxes. Deferred income tax assets and liabilities are computed annually for the difference between the financial statement and tax bases of assets and liabilities that will result in taxable or deductible amounts in the future, based on enacted tax laws and rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be realized. Income tax expense is the tax payable or refundable for the period, plus or minus the change during the period in deferred tax assets and liabilities.

The Corporation adopted the provisions of "Accounting for Uncertainty in Income Taxes. This provision prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Benefits from tax positions should be recognized in the financial statements only when it is more likely than not that the tax position will be sustained upon examination by the appropriate taxing authority that would have full knowledge of all relevant information. A tax position that meets the more-likely-than-not recognition threshold is measured at the largest amount of benefit that is greater than fifty percent likely of being realized upon ultimate settlement. Tax positions that previously failed to meet the more-likely-than-not recognition threshold should be recognized in the first subsequent financial reporting period in which that threshold is met. Previously recognized tax positions that no longer meet the more-likely-than-not recognition threshold should be derecognized in the first subsequent financial reporting period in which that threshold is no longer met. This provision also provides guidance on the accounting for and disclosure of unrecognized tax benefits, interest and penalties. Adoption of this provision did not have a significant impact on the Company's financial statements.

F-9

~~COLOR ACCENTS HOLDINGS~~MUSCATO GROUP, INC. ~~AND~~& SUBSIDIARY

(Af/k/a COLOR ~~DEVELOPMENT~~ACCENTS ~~STAGE~~HOLDINGS, ~~COMPANY~~INC. & SUBSIDIARY)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

~~AS OF JULY~~ December 31, 2009 ~~AND~~and 2008

~~On April 28, 2008, the Company issued 5,000,000 shares of common stock to its founders having a fair value of $500 ($0.0001/share) in exchange for services provided (See Note 2(B)).~~Long-Lived Assets

~~For~~The Company ~~the~~reviews ~~period~~long-lived ~~from~~assets ~~April~~and ~~28,~~certain ~~2008~~identifiable ~~(inception)~~assets ~~through~~related ~~July~~to those ~~31,~~assets ~~2008~~for impairment whenever circumstances and situations change, such that there is an indication that the ~~shareholder~~carrying amounts may not be recoverable. If the undiscounted cash flows of the ~~Company~~long-lived ~~contributed~~assets ~~services~~are ~~having~~less athan the carrying amount, their carrying amounts are reduced to fair value, ofand ~~$1,300~~an ~~(See~~impairment ~~Note~~loss is ~~2(C))~~recognized.

~~NOTE~~Goodwill ~~5 INCOME~~and Indefinite-Lived ~~TAXES~~Intangible Assets

~~The~~In accordance ~~net~~with ~~deferred~~ASC ~~tax~~359 ~~liability~~Intangibles in– Goodwill and Other goodwill, represents the ~~accompanying~~excess ~~consolidated balance~~of ~~sheets~~the ~~includes~~purchase price over the ~~following~~fair ~~amounts~~value of ~~deferred~~net ~~tax~~assets, including the amount assigned to identifiable intangible assets. The Company accounts for business combinations using the purchase method of accounting and accordingly, the assets and liabilities: of the acquired entities are recorded at their estimated fair values at the acquisition date. The primary driver that generates goodwill is the value of synergies between the acquired entities and the Company, which does not qualify as an identifiable intangible asset. The Company does not amortize the goodwill balance.

	Years Ended July 31,
	2009		2008
Deferred tax liability:	$	-	$	-
Deferred tax asset
Net Operating Loss Carryforward		53,027		7,688
Valuation allowance		(53,027)		(7,688)
Net deferred tax asset		-		-
Net deferred tax liability	$	-	$	-

The Company assesses goodwill and indefinite-lived intangible assets for impairment annually during the fourth quarter, or more frequently if events and circumstances indicate impairment may have occurred. If the carrying value of goodwill exceeds its implied fair value, the Company records an impairment loss equal to the difference. The fair value of indefinite-lived purchased intangible assets should be estimated and compared to the carrying value. The Company recognizes an impairment loss when the estimated fair value of the indefinite-lived purchased intangible assets is less than the carrying value.

The valuation allowance was established to reduce the deferred tax asset to the amount that will more likely than not be realized. This is necessary due to the Company’s continued operating losses and the uncertainty of the Company’s ability to utilize all of the net operating loss carryforwards before they will expireFunding ~~through the year 2029.~~Liability

The funding ~~net~~liability ~~change~~account inrepresents amounts that the ~~valuation~~Company ~~allowance~~is ~~for~~holding in connection with an ACH remittance program. These amounts are classified as a liability as they are expected to be remitted at a future time. The balance in the ~~year~~funding ~~ended~~liability ~~July~~account 31is $488,641 ~~2009~~and ~~was~~$0 as anof ~~increase~~December of31, ~~$45~~2009 and 2008,~~339~~ respectively.

Fair Value of Financial Instruments

Fair value of certain of the Company’s financial instruments including cash and cash equivalents, accounts receivable, accrued compensation, and other accrued liabilities approximate cost because of their short maturities.

The Company has adopted the provisions of ASC 820 Fair Value Measurements and Disclosure which, ASC 820 establishes a framework for measuring fair value in accordance with generally accepted accounting principles and expands disclosures about fair value investments. The provision was effective for financial assets and liabilities on January 1, 2008.

F-10

~~The~~MUSCATO GROUP, ~~components~~INC of& ~~income tax expense related to continuing operations are as follows:~~SUBSIDIARY

	2009		2008
Federal
Current	$	-	$	-
Deferred		-		-
	$	-	$	-
State and Local
Current	$	-	$	-
Deferred		-		-
	$	-	$	-

(f/k/a COLOR ACCENTS HOLDINGS, INC. & SUBSIDIARY)

~~The~~NOTES TO ~~Company's~~CONSOLIDATED ~~income~~FINANCIAL ~~tax expense differed from the statutory rates (federal 34% and state 4.55%) as follows:~~STATEMENTS

	Year Ended July 31,		Year Ended July 31,
	2009		2008
Statutory rate applied to earnings before income taxes:	$	(45,339)	$	(7,688)
Increase (decrease) in income taxes resulting from:
Change in deferred tax asset valuation allowance		45,339		7,688
Other		-		-
Income Tax Expense	$	-	$	-

December 31, 2009 and 2008

~~NOTE 6 GOING~~Fair value ~~CONCERN~~is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value of an asset should reflect its highest and best use by market participants, whether using an in-use or an in-exchange valuation premise. The fair value of a liability should reflect the risk of nonperformance, which includes, among other things, the company’s credit risk.

AsValuation techniques ~~reflected~~are ingenerally ~~the~~classified ~~accompanying~~into ~~consolidated~~three ~~financial~~categories: ~~statements,~~ the ~~Company~~market ~~is in~~ approach; the ~~development~~income ~~stage~~approach; ~~with minimal operations~~ and ~~has~~the acost ~~net~~approach. ~~loss~~The ~~since~~selection ~~inception of $147,211~~ and ~~used~~application ~~cash~~of inone or ~~operations~~more of ~~$144,020 for~~ the ~~period~~techniques ~~from~~requires ~~April~~significant ~~28,~~judgment ~~2008~~and ~~(inception)~~are ~~to July 31, 2009. This raises substantial~~primarily ~~doubt~~dependent ~~about~~upon ~~its~~the ~~ability~~characteristics toof ~~continue~~the asasset aor ~~going~~liability, ~~concern. The ability of~~ the ~~Company~~principal to(or most ~~continue~~advantageous) asmarket ain ~~going~~which ~~concern~~participants isand ~~dependent on~~ the ~~Company’s~~quality ~~ability to raise additional capital~~ and ~~implement~~availability of ~~its business plan~~inputs. ~~The~~ ~~financial~~Inputs ~~statements~~to dovaluation ~~not~~techniques ~~include~~are ~~any~~classified ~~adjustments~~as ~~that~~either ~~might~~observable beor unobservable ~~necessary~~within if the ~~Company~~following ~~is unable to continue as a going concern.~~hierarchy:

~~Management~~- ~~believes~~Level ~~that~~1 ~~actions~~Inputs: ~~presently~~These ~~being~~inputs ~~taken~~come tofrom ~~obtain~~quoted ~~additional~~prices ~~funding~~(unadjusted) ~~and~~in ~~implement~~active ~~its~~markets ~~strategic plans provide the opportunity~~ for ~~the~~identical ~~Company~~assets toor ~~continue as a going concern~~liabilities.

~~NOTE 7 SUBSEQUENT~~- ~~EVENT~~Level 2 Inputs: These inputs are other than quoted prices that are observable, for an asset or liability. This includes: quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability; and inputs that are derived principally from or corroborated by observable market data by correlation or other means.

In- ~~preparing~~Level ~~these~~3 ~~financial~~Inputs: ~~statements,~~These ~~the~~are ~~Company~~unobservable ~~has~~inputs ~~evaluated events and transactions~~ for ~~potential~~the ~~recognition~~asset or ~~disclosure~~liability ~~through~~which ~~September~~require ~~14, 2009,~~ the ~~date~~company’s ~~the~~own ~~financial statements were issued~~assumptions.

Advertising Costs

The Company expenses all advertising costs as incurred.

Software Development Costs

Software development costs are expensed as incurred.

F-11

~~Item~~MUSCATO GROUP, ~~9. Changes~~INC in& ~~and Disagreements with Accountants on Accounting and Financing Disclosure.~~SUBSIDIARY

~~Our~~(f/k/a COLOR ~~accountant~~ACCENTS ~~is Webb & Company~~HOLDINGS, PINC.~~A.,~~ ~~independent~~& certified public accountants. We do not presently intend to change accountants. At no time have there been any disagreements with such accountants regarding any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure.SUBSIDIARY)

~~Item~~NOTES TO ~~9A. Controls~~CONSOLIDATED ~~and~~FINANCIAL ~~Procedures.~~STATEMENTS

~~Evaluation~~December 31, of2009 ~~disclosure controls~~ and ~~procedures~~ 2008

~~Under~~Earnings 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-15(e) and Rule 15d-15(e) promulgated under the Securities Exchange Act of 1934, as amendedPer (Exchange Act), as of July 31, 2009. Based on this evaluation, our principal executive officer and principal financial officers have concluded that our disclosure controls and procedures are effective to ensure that information required to be disclosed by us in the reports we file or submit 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 and that our disclosure and controls are designed to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act is accumulated and communicated to our management, including our principal executive and principal financial officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.Share

~~MANAGEMENT’S~~Basic earnings ~~REPORT~~(loss) ONper ~~INTERNAL~~share ~~CONTROL~~is ~~OVER~~computed ~~FINANCIAL~~using ~~REPORTING~~the weighted-average number of common shares outstanding during the period. Diluted net income per share is computed using the weighted-average number of common shares and dilutive potential common shares outstanding during the period. Diluted net loss per share is computed using the weighted-average number of common shares and excludes dilutive potential common shares outstanding, as their effect is anti-dilutive. Dilutive potential common shares would primarily consist of employee stock options and restricted common stock. The Company had no such dilutive common shares as of September 30, 2009 and 2008, respectively.

~~Management~~Recent of the Company is responsible for establishing and maintaining effective internal control over financial reporting as defined in Rule 13a-15(f) under the Exchange Act. The Company’s internal control over financial reporting is designed to provide reasonable assurance to the Company’s management and BoardAccounting of Directors regarding the preparation and fair presentation of published financial statements in accordance with United State’s generally accepted accounting principles (US GAAP), including those policies and procedures that: (i) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company, (ii) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with US GAAP and that receipts and expenditures are being made only in accordance with authorizations of management and directors of the company, and (iii) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company’s assets that could have a material effect on the financial statements.Pronouncements

~~Management~~In ~~conducted~~August 2009, the FASB issued ASU 2009-05 which includes amendments to Subtopic 820-10, “Fair Value Measurements and Disclosures—Overall”. The update provides clarification that in circumstances, in which a quoted price in an ~~evaluation~~active ofmarket for the ~~effectiveness~~identical ofliability ~~internal~~is ~~control~~not ~~over~~available, ~~financial~~a reporting ~~based~~entity onis required to measure fair value using one or more of the ~~framework~~techniques provided for in ~~Internal~~this update. ~~Control—Integrated~~The ~~Framework~~amendments ~~issued~~in bythis ASU clarify that a reporting entity is not required to include a separate input or adjustment to other inputs relating to the ~~Committee~~existence of ~~Sponsoring~~a ~~Organizations~~restriction that prevents the transfer of the ~~Treadway~~liability ~~Commission.~~and also clarifies ~~Management’s~~that ~~assessment~~both ~~included~~a quoted price in an ~~evaluation~~active ofmarket for the identical ~~design~~liability ofat ~~our~~the ~~internal~~measurement date and the quoted price for the ~~control~~identical ~~over~~liability ~~financial~~when ~~reporting~~traded ~~and~~as ~~testing~~an ofasset in an active market when no adjustments to the ~~operational~~quoted ~~effectiveness~~price of ~~our~~the ~~internal~~asset ~~control~~are ~~over~~required ~~financial~~are ~~reporting~~Level 1 fair value measurements. ~~Based~~ onThe guidance provided in this ~~assessment,~~ASU ~~Management~~is ~~concluded~~effective for the ~~Company~~first reporting ~~maintained~~period, ~~effective~~including ~~internal~~interim ~~control~~periods, ~~over~~beginning ~~financial~~after issuance. The ~~reporting~~adoption as of ~~July~~this ~~31,~~standard ~~2009~~did not have a material impact on the Company’s consolidated financial position and results of operations.

~~Because~~In September of2009, ~~its~~the ~~inherent~~FASB ~~limitations~~has published ASU No. 2009-12, ~~internal~~“Fair ~~control~~Value ~~over~~Measurements and ~~financial~~Disclosures (Topic 820) - Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent)”. This ASU amends Subtopic 820-10, “Fair Value Measurements and Disclosures – Overall”, to permit a reporting entity ~~may~~to ~~not~~measure ~~prevent~~the fair value of certain investments on the basis of the net asset value per share of the investment (or ~~detect~~its ~~misstatements~~equivalent). ~~Therefore~~ This ASU also requires new disclosures, ~~even~~by ~~those~~major ~~systems~~category ~~determined~~of investments including the attributes of investments within the scope of this amendment to bethe Codification. The guidance in this Update is effective ~~can~~for ~~provide~~interim ~~only~~and ~~reasonable~~annual periods ~~assurance~~ending ~~with~~after ~~respect~~December 15, 2009. Early application is permitted. The adoption of this standard is not expected to have ~~financial~~a ~~statement~~material ~~preparation~~impact on the Company’s consolidated financial position and results ~~presentation~~of operations.

This annual report does not include an attestation report of the Company’s 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 the Company to provide only management’s report in this Annual Report.F-12

10MUSCATO GROUP, INC & SUBSIDIARY

~~ITEM~~(f/k/a COLOR ~~9B.~~ACCENTS ~~OTHER~~HOLDINGS, ~~INFORMATION~~INC. & SUBSIDIARY)

~~None~~NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

December 31, 2009 and 2008

In October 2009, the FASB has published ASU 2009-13, “Revenue Recognition (Topic 605)-Multiple Deliverable Revenue Arrangements”, which addresses the accounting for multiple-deliverable arrangements to enable vendors to account for products or services (deliverables) separately rather than as a combined unit. Specifically, this guidance amends the criteria in Subtopic 605-25, “Revenue Recognition-Multiple-Element Arrangements”, for separating consideration in multiple-deliverable arrangements. This guidance establishes a selling price hierarchy for determining the selling price of a deliverable, which is based on: (a) vendor-specific objective evidence; (b) third-party evidence; or (c) estimates. This guidance also eliminates the residual method of allocation and requires that arrangement consideration be allocated at the inception of the arrangement to all deliverables using the relative selling price method and also requires expanded disclosures. The guidance in this update is effective prospectively for revenue arrangements entered into or materially modified in fiscal years beginning on or after June 15, 2010. Early adoption is permitted. The adoption of this standard is not expected to have a material impact any impact on the Company’s consolidated financial position and results of operations.

In October 2009, the FASB has published ASU 2009-14, “Software (Topic 985)-Certain Revenue Arrangements that Include Software Elements” and changes the accounting model for revenue arrangements that include both tangible products and software elements. Under this guidance, tangible products containing software components and nonsoftware components that function together to deliver the tangible product's essential functionality are excluded from the software revenue guidance in Subtopic 985-605, “Software-Revenue Recognition”. In addition, hardware components of a tangible product containing software components are always excluded from the software revenue guidance. The guidance in this ASU is effective prospectively for revenue arrangements entered into or materially modified in fiscal years beginning on or after June 15, 2010. Early adoption is permitted. The adoption of this standard is not expected to have a material impact on the Company’s consolidated financial position and results of operations.

Other ASUs not effective until after December 31, 2009, are not expected to have a significant effect on the Company’s consolidated financial position or results of operations.

NOTE 3 – PROPERTY AND EQUIPMENT

Property and equipment at December 31, 2009 and 2008 consisted of the following:

	2009			2008
Computer hardware and software	$	552,131		$	513,261
Furniture and fixtures		14,294			14,294
Office equipment		60,442			59,847
Leasehold improvements		96,847			96,847
		723,714			684,249
Less: accumulated depreciation		(606,920	)		(543,629	)

	$	116,794		$	140,620

F-13

MUSCATO GROUP, INC & SUBSIDIARY

(f/k/a COLOR ACCENTS HOLDINGS, INC. & SUBSIDIARY)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

December 31, 2009 and 2008

For the year ended December 31, 2009 and 2008, the Company recorded $63,291 and $37,000 respectively in depreciation and amortization expense.

NOTE 4 – CAPITAL LEASE OBLIGATIONS

The Company entered into a lease agreement with De Lage Landen Financial Services for purposes of leasing HP Fiserv Rack/Servers. The Company entered into this lease agreement on November 6, 2008. The present value of the minimum lease payments on this date was $85,045. The Company is making sixty equal monthly payments of $1,907.55 on the 6th of each month.

Principal lease payment obligations over the next four years are due as follows:

Year Ending
2010	$	14,968
2011		16,927
2012		19,143
2013		19,742
	$	70,779

NOTE 5 - ACQUISITION

On September 30, 2009, Color Accents Holdings, Inc. (Color) entered into a share exchange agreement (the “Share Exchange Agreement”) and consummated a share exchange (the “Share Exchange”) with M2 Systems Corporation, a Florida corporation, (hereinafter, “M2 Systems”), and each of the shareholders of M2 Systems (the “M2 Systems Shareholders”).

Upon the closing of the Share Exchange on September 30, 2009 (the “Closing”), the M2 Systems Shareholders transferred all of their shares of common stock in M2 Systems to Color. In exchange, Color issued to the M2 Systems Shareholders an aggregate of 6,600,000 shares of our common stock (the “Common Stock”), $0.0001 par value per share, representing 81.21% of the shares issued and outstanding immediately after the Closing. As a result of the Share Exchange, M2 Systems became our wholly-owned subsidiary.

F-14

MUSCATO GROUP, INC & SUBSIDIARY

(f/k/a COLOR ACCENTS HOLDINGS, INC. & SUBSIDIARY)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

December 31, 2009 and 2008

NOTE 6 – COMMON STOCK

In connection with the Acquisition (see Note 4), the previous owner of Color Accents placed 5,000,000 shares of common stock into an escrow account in connection with the Share Exchange Agreement. These shares were cancelled as of December 31, 2009.

NOTE 7 – COMMITMENTS AND CONTINGENCIES

Operating Leases

The Company leases office space, and office machines under non-cancelable operating leases, which expire at various dates through 2012. Rental expense under these leases amounted to approximately $215,000 and $200,000 for the years ended December 31, 2009 and 2008, respectively

Future minimum lease payments under the Company’s non-cancelable operating leases as of December 31, 2009, are as follows:

2009	$	211,606
2010		215,075
2011		210,026
2012		41,475
Total	$	678,182

NOTE 8 – CONCENTRATION OF CREDIT RISK

Accounts receivable - Revenues generated from three customers, comprised approximately 80% of revenues for the year ended December 31, 2009. At December 31, 2009 approximately 80% of accounts receivables were from these three customers.

NOTE 9 – SUBSEQUENT EVENTS

In accordance with the guidance offered in ASC Topic 855, formerly SFAS 165 – “Subsequent Events”, the Company has evaluated its activities from December 31, 2009 through March 31, 2010, the date the financial statements were issued, and determined that there were no reportable subsequent events.

F-15

MUSCATO GROUP, INC & SUBSIDIARY

(f/k/a COLOR ACCENTS HOLDINGS, INC. & SUBSIDIARY)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

December 31, 2009 and 2008

NOTE 10 – INCOME TAXES

The provision (benefit) for income taxes from continued operations for the year ended December 31, 2009 includes only expected tax benefit from entities subject to taxation. The provision (benefit) consists of the following:


	2009			2008
Current: Federal State	$			$	- -
Deferred:
Federal	$	(81,000	)		(451,000	)
State		(14,000	)		(79,000	)
		(95,000	)		(530,000	)
Benefit from the operating loss carryforward		95,000			530,000
Provision (benefit) for income taxes, net				$	-

The difference between income tax expense computed by applying the federal statutory corporate tax rate and actual income tax expense is as follows:

	2009		2008

Statutory federal income tax rate	34.0	%	34.0	%
Decrease in valuation allowance	(40.0	)%	(40.0	)%
State income taxes	6.0	%	6.0	%
Effective tax rate	(0	)%	(0	)%

Deferred income taxes result from temporary differences in the recognition of income and expenses for the financial reporting purposes and for tax purposes. The net deferred tax assets and liabilities are comprised of the following:

	2009			2008
Deferred income tax asset:
Net operating loss carry-forwards	$	453,000		$	356,000
Allowance for Doubtful Accounts		69,000			69,000
Research and Development Tax and Credit carryover		624,000			624,000
Valuation allowance		(1,146,000	)		(1,049,000	)
Deferred income tax asset	$	-

The Company has a net operating loss carry-forward of approximately $453,000 available to offset future taxable income through 2023. In accordance with Internal Revenue Code Section 382, the Company may be limited in its ability to recognize the benefit of future net operating loss carry-forwards. Consequently, the Company did not include a benefit from operating loss carry-forwards.

The Company has recorded a valuation allowance at December 31, 2009, as it is not expected that the deferred tax assets and liabilities will be realized. The net change in valuation allowance during the year ended December 31, 2009 resulted in a increase of $97,000. The net change in valuation allowance stems from the acquisition of Muscato Corporation, a wholly owned subsidiary of M2 Systems Corporation, and its valuation allowance at year end December 31, 2007.

F-16

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

Our accountant is Jewett Schwartz Wolfe & Associates, certified public accountants. We do not presently intend to change accountants. At no time have there been any disagreements with such accountants regarding any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure.

ITEM 9A. CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls and Procedures

Pursuant to Rule 13a-15(b) under the Securities Exchange Act of 1934 (“Exchange Act”), the Company carried out an evaluation, with the participation of the Company’s management, including the Company’s Chief Executive Officer (“CEO”) and Chief Financial Officer (“CFO”) (the Company’s principal financial and accounting officer), of the effectiveness of the Company’s disclosure controls and procedures (as defined under Rule 13a-15(e) under the Exchange Act) as of the end of the period covered by this report. Based upon that evaluation, the Company’s CEO and CFO concluded that the Company’s disclosure controls and procedures are effective 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 SEC’s rules and forms, and that such information is accumulated and communicated to the Company’s management, including the Company’s CEO and CFO, as appropriate, to allow timely decisions regarding required disclosure.

Management's Annual Report on Internal Control Over Financial Reporting

The management of the Company is responsible for establishing and maintaining adequate internal control over financial reporting for the Company. Our internal control system was designed to, in general, provide reasonable assurance to the Company’s management and board regarding the preparation and fair presentation of published financial statements, but because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, 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.

Our management assessed the effectiveness of the Company’s internal control over financial reporting as of December 31, 2009. The framework used by management in making that assessment was the criteria set forth in the document entitled “ Internal Control – Integrated Framework” issued by the Committee of Sponsoring Organizations of the Treadway Commission. Based on that assessment, our CEO and CFO have determined and concluded that, as of December 31, 2009, the Company’s internal control over financial reporting was effective.

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

Changes in Internal Control over Financial Reporting

No change in our system of internal control over financial reporting occurred during the period covered by this report, fourth quarter of the fiscal year ended December 31, 2009 that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

PART III

~~Item~~ ITEM 10. ~~Directors~~ DIRECTORS, ~~Executive~~EXECUTIVE ~~Officers~~OFFICERS, ~~and~~PROMOTERS ~~Corporate~~AND CONTROL ~~Governance.~~PERSONS: COMPLIANCE WITH SECTION 16(A) OF THE EXCHANGE ACT

Our executive ~~officer’s~~officers and ~~director’s~~directors and their respective ~~ages~~age as of ~~September~~December 1431, 2009 ~~are~~is as follows:

NAME	~~AGE~~	~~POSITION~~AGE	POSITION
Diane Pyun	51	President, Secretary, Principal Accounting Officer, Chief Financial Officer, Director
Michael Muscato		51	Chief Technology Officer, Chairman of the Board of Directors
Joseph W. Adams		53	Chief Executive Officer and Director
Randy Oveson		47	Chief Financial Officer
Malcolm Kirschenbaum		68	Director

Set forth below is a brief description of the background and business experience of our executive officers and directors for the past five years.

~~Diane~~Michael ~~Pyun~~A. Muscato: Chief Technology Officer and Chairman, Mr. Muscato is an entrepreneur with 30 years experience in the software industry. He started with Martin Marietta Information Systems building a Public Health Information System (PHAMIS) utilizing fault-tolerant computers. He has held numerous technology leadership positions where he was responsible for architecting business enterprise solutions. He was the lead architect responsible for building an Electronic Funds Transfer Network (HONOR/STAR) supporting debit cards in a shared environment. It was one of the first of its kind. His responsibilities included engineering, database management, network engineering and planning data centre operations and customer service for the HONOR Network to primarily support Debit cards in a shared environment.

~~Diane~~In ~~Pyun~~1986 Mr. isMuscato aformed ~~professional~~Muscato ~~Interior~~Corporation ~~Designer,~~as ~~Painter~~a ~~and~~consulting ~~Artist~~firm ~~for~~specializing ~~the~~in application ~~past~~interoperability 25for ~~years. She~~banks isand ~~also~~financial ~~cofounder,~~institutions ~~General~~that eventually ~~Manager~~expanded ~~and~~into ~~Partner~~several ~~with~~vertical ~~Vesta~~markets. ~~Enterprises,~~He ~~LLC,~~served aas ~~real~~Chairman ~~estate~~and Chief ~~investment~~Executive ~~firm.~~Officer ~~Mrs.~~for ~~Pyun~~14 ~~was~~years. ~~instrumental~~Muscato inCorporation ~~the~~developed ~~planning,~~middleware architecture ~~developing~~ and ~~execution~~leading ofedge ~~the~~applications ~~company’s~~infrastructure ~~early~~centered ~~business~~around ~~plan. She~~its istechnologies. ~~also~~Muscato ~~active~~Corporation indeveloped ~~various~~its ~~investments~~proprietary ~~and~~platform ~~business~~known ~~ventures. Mrs.~~as "ENGIN" ~~Pyun~~(Enterprise ~~also~~Generic ~~serves~~Integrator). onIts ~~the~~customer ~~board~~base ~~for~~included ~~the~~companies such ~~Black~~as ~~Forest~~Citicorp, ~~Property~~Delta ~~Owners~~Airlines onand ~~Lake~~many ~~James,~~large ~~North~~healthcare ~~Carolina~~providers. ~~She~~ ~~holds~~In athe ensuing ~~Bachelor~~years, ofunder ~~Science~~his ~~degree~~guidance ~~from~~Muscato ~~Wilkes College~~Corporation ~~and~~became a ~~graduate~~multi-million dollar ~~degree~~global ~~from~~organisation ~~the~~which ~~University~~was oflater ~~Maine~~sold to a public company in March 2000.

In February 2001, Mr. Muscato founded M2 Systems, which repurchased Muscato Corporation. The same year he formed Symmetrex Corporation, a transaction application service provider, established to provide a turn-key service company geared for electronic payments (prepaid, remittance, payroll and stored value cards) and the automation of health-care claims processing utilising the payments infrastructure. Symmetrex was sold to a private company in September 2006.

Joseph W. Adams: Chief Executive Officer and Director, Joe Adams has over 25 years experience in the information technology and healthcare industries. Mr. Adams has successfully held senior level positions ranging from vice president to President and chief executive officer in companies specializing in healthcare insurance, EDI, electronic commerce, and enterprise application integration markets. He has extensive business and technical experience in providing leadership, direction, and management of a successful organization.

Mr. Adams has prior senior executive experience working at companies such as Muscato Corporation, a multi-million dollar global organization specializing in financial interoperability for banks and financial institutions along with administrative and financial interoperability for the health care market; a Blue Cross and Blue Shield Plan doing over $500M in annual revenues; an Application Services Provider company that offered electronic commerce solutions for the health insurance payer market; and a company that offered electronic claims processing solutions.

He was one of the principals responsible for the strategic vision, design, and implementation of a national company that offered a transaction network/system for the use of e-commerce, electronic data interchange and financial transactions in the health care industry. He was also an officer on the board of directors.

Randy Oveson: Chief Financial Officer, Mr. Oveson started his career in 1987 as a Financial Analyst with Suite Thinking, Inc., a boutique hospitality consulting firm in Newport Beach, CA. There Mr. Oveson developed systems and processes used to analyze dozens of hotels in various operational categories. Mr. Oveson also acted as liaison between hotel owners and management companies, meeting with each monthly and utilizing the proprietary systems developed he was able to increase the profitability of all hotels placed in the Suite Thinking portfolio.

Upon completion of his MBA at Pepperdine University in 1989 Mr. Oveson was offered the position of VP of Finance and Technology of Osar, Ltd., a hotel management company, where Mr. Oveson oversaw the acquisition, asset and financial management, and human resources of 5 hotels through 1994. From 1994 to 1998 he pursued various start-up opportunities in the aerospace, manufacturing, brokerage, and action sports industries where he acted as CFO and in some cases CFO and CIO of these start-up ventures. In 1998 he joined In Touch Communications, Inc. a leader in prepaid home phone service, located in Lake Forest, CA. There Mr. Oveson helped the company grow to become the largest alternative home dial-tone company in the State.

He has now spent ten years in the rapidly growing prepaid industry. He has been instrumental in the business development of prepaid telecommunications, stored-value, and electronic bill payment companies. Mr. Oveson has worked with TransFirst, a multi-billion dollar merchant processing group, as AVP of Business Development leading the product development and sales of prepaid debit cards, prepaid telecommunication products, prepaid open-loop gift cards, money remittance, and electronic bill-pay products. During this time Mr. Oveson has also directed the start-up company, Debit Resources, which provides IVR and telecommunication services in support of Prepaid Stored Value cards issued through numerous prepaid processors. In 2005 Mr. Oveson joined M2 Systems/Symmetrex as CFO where his skills and knowledge of the prepaid industry helped the Symmetrex processing company through a significant growth phase and sale. He holds joint responsibility today as CFO of M2 Systems Corporation and COO of FirstPay Limited where he is responsible for payment services development and the processing center management for payment products.

Malcolm Kirschenbaum: Director, After Mr. Kirschenbaum graduated from University of Florida Law School in 1964, he began his career as a business lawyer at the firm of Gray, Harris & Robinson, Attorneys at Law in Melbourne , Florida where he continues Of Counsel. Over the years he has obtained extensive experience in banking and real estate law, as well as transportation issues, which led to various directorships and chairman positions almost from the beginning of his career.

From 1972 to 1978 Mr. Kirschenbaum served as Director of United National Bank, Cocoa Beach, Florida. He also served as Director of Merritt Square Bank of Merritt Island, and subsequently he served until 1999 as Director of Merritt Island Bank of Merritt Island, Florida. He is currently a Director and substantial shareholder of Prime Bank.

He was appointed by the Governor of Florida, the Speaker of the House and the President of the Senate of The State of Florida as Chairman of the Florida High Speed Rail Transportation Commission from 1988 to 1990, which focuses on the advancement of the development of a Statewide High Speed Rail System in Florida. This distinguished position led to his appointment as Chairman of Florida Transportation Commission from 1994 to 1998.

In 1979 he became President and Owner of EKS, Inc., a real estate development firm located in Cocoa, Florida. He remains President and Co -Owner of EKS, which focuses on new construction and single family homes.

Beginning in February of 1994 he became part owner of TGO Realty, Inc. located in Titusville, Florida. In February of 1996, he became part owner of Mowbray Land Trust of Melbourne, Florida. And in April of 1998 he became part owner of High Point Property Trust of Cocoa, Florida. Mr. Kirschenbaum remains part owner of all three.

Currently, Mr. Kirshenbaum is Of Counsel at Gray, Harris & Robinson, Vice Chairman of Ron Jon Surf Shop, Inc. and most notably a member of The Freedom Forum and Newseum Board of Trustees where he is Chairman of the Finance/ Investment Committee. The Freedom Forum and Newseum Board of Trustees is a nonpartisan foundation dedicated to free press, free speech and free spirit for all people founded in 1991 and is made up of various high profile media and civic leaders, such as Tom Daschle, U.S. Senate Majority Leader and Kenneth A. Paulson, editor of USA TODAY.

Mr. Kirshenbaum considers his civic duty essential and notably has served on a comprehensive list of various groups and organizations. These include: former Member of Brevard Community College Board of Trustees, Member and former Chairman of Cape Canaveral Hospital Foundation, former Member and Chairman of Cape Canaveral Hospital Board of Trustees, Member Board of Trustees, Florida Institute of Technology, Chairman, Leadership Giving of UNITED WAY, former Member and Chairman of WMFE (Public Television & Radio) Board of Trustees and Member, Board of Directors, Florida 2012, Effort to bring Olympic Games to Florida.

Term of Office

Our directors are appointed for a one-year term to hold office until the next annual general meeting of our shareholders or until removed from office in accordance with our bylaws. Our officers are appointed by our board of directors and hold office until removed by the board.

~~Significant~~Current Issues ~~Employees~~and Future Management Expectations

~~The~~No ~~Company~~board audit committee has nobeen ~~significant~~formed ~~employees~~as ~~other~~of ~~than~~ the ~~executive~~filing ~~employees~~of ~~and~~this ~~directors described above~~Annual Report.

NoCompliance With ~~Audit~~Section ~~Committee~~16(A) orOf ~~Financial~~The ~~Expert~~Exchange Act.

~~The~~Section 16(a) ~~Company~~of ~~does~~the ~~not~~Exchange ~~have~~Act anrequires ~~audit~~the ~~committee~~Company’s orofficers aand ~~financial~~directors, ~~expert~~and persons ~~serving~~who onbeneficially ~~the~~own ~~Board~~more than 10% of ~~Directors. The~~a registered class of the Company’s ~~plans~~equity securities, to ~~form~~file reports of ownership and ~~implement~~changes anin ownership ~~audit~~with ~~committee~~the Securities and ~~hire~~Exchange aCommission ~~Chief~~and ~~Financial~~are ~~Officer~~required ~~who~~to furnish ~~also~~copies ~~may~~to ~~serve~~the onCompany. To the ~~Board~~best of ~~Directors~~the Company’s knowledge, any reports required to be filed were timely filed in fiscal year ended June 30, 2009.

Code of Ethics

The Company does not have a code of ethics for our principal executive and financial officers. The Company's management intends to promote honest and ethical conduct, full and fair disclosure in our reports to the SEC, and compliance with applicable governmental laws and regulations.

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 of 1934, 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 Securities and Exchange Commission. The Company has not registered as a public company under Section 12 of the Securities Exchange Act of 1934, and therefore no reports have been filed under Section 16(a) thereunder.

Code ~~Item~~of ~~11. Executive Compensation. Summary Compensation Table~~Ethics

The Company ~~following~~has ~~summary~~not ~~compensation~~adopted ~~table~~a ~~sets~~Code ~~forth~~of ~~all~~Ethics. ~~compensation~~This ~~awarded to, earned by, or paid to the named executive~~ officers ~~paid by us during the period ended July 31, 2009~~ and ~~2008~~directors inexpect ~~all~~to adopt ~~capacities~~a ~~for~~code ~~the accounts~~ of ~~our~~ethics ~~executives,~~at ~~including~~ the ~~Chief~~next ~~Executive~~annual ~~Officer (CEO):~~meeting.

ITEM 11. EXECUTIVE COMPENSATION

The following summary compensation table sets forth all compensation awarded to, earned by, or paid to the named executive officer during the years ended December 31, 2009 and 2008 in all capacities for the accounts of our executive, including the Chief Executive Officer (CEO) and Chief Financial Officer (CFO):

SUMMARY COMPENSATION TABLE

Name and Principal Position	~~Year~~	Year	~~Salary ($)~~	Salary ($)		~~Bonus ($)~~	Bonus ($)	~~Stock Awards ($)~~	Stock Awards ($)	~~Option Awards ($)~~	~~Non-Equity~~Option ~~Incentive~~Awards ~~Plan Compensation~~ ($)	Non-~~Qualified~~Equity ~~Deferred~~Incentive Plan Compensation ~~Earnings~~ ($)		~~All Other Compensation ($)~~	Non-Qualified Deferred Compensation Earnings ($)	~~Totals~~All Other Compensation ($) (1)		Totals ($)
Diane Pyun President, Chief Executive Officer, Treasurer, Secretary and Director	2009		$	0		0		0		0	0	0		0		$	0
Michael Muscato		2009		$	240,000		-		$	-	-		-		-	$4,749.44		$	244,750
	2008		$	0		0		0		0	0	0		0		$	0
CTO and Chairman		2008		$	150,000		-		$	-	-		-		-	$4,506.64		$	154,507
Joseph Adams		2009		$	240,000		-		$	-	-		-		-	$4,749.44		$	244,750
CEO and Director		2008		$	240,000		-		$	-	-		-		-	$4,506.64		$	244,507
Randy Oveson		2009		$	135,000		-		$	-	-		-		-	$4,749.44		$	139,750
Chief Financial Officer		2008		$	135,000		-		$	-	-		-		-	$4,506.64		$	139,507
Malcolm Kirschenbaum		2009		$	-		-		$	-	-		-		-	-		$	-
Director		2008		$	-		-		$	-	-		-		-	-		$

~~Option~~(1) ~~Grants~~This ~~Table. There~~amount ~~were~~is ~~no individual grants of stock options to purchase our common stock made to~~ the ~~executive~~Company ~~officer~~paid ~~named~~portion inof the ~~Summary~~health ~~Compensation~~benefit ~~Table through July 31, 2009~~plan.

~~Aggregated~~ Option ~~Exercises and Fiscal Year-End Option Value~~ Grants Table. There were no ~~stock~~individual ~~options~~grants ~~exercised~~of ~~during~~stock ~~period~~options ~~ending~~to ~~July~~purchase ~~31,~~our ~~2009~~common ~~and~~stock ~~2008,~~made byto the executive officer named in the Summary Compensation Table through December 31, 2009.

Aggregated Option Exercises and Fiscal Year-End Option Value Table. There were no stock options exercised during period ending December 31, 2009 by the executive officer named in the Summary Compensation Table.

Long-Term Incentive Plan (“LTIP”) Awards Table. There were no awards made to a named executive officer in the last completed fiscal year under any LTIP

Compensation of Directors

Directors are permitted to receive fixed fees and other compensation for their services as directors. The Board of Directors has the authority to fix the compensation of directors. No amounts have been paid to, or accrued to, directors in such capacity.

Employment Agreements

We do not have any employment agreements in place with our sole officer and director.

~~Item~~ ITEM 12. ~~Security~~ SECURITY ~~Ownership~~OWNERSHIP ofOF ~~Certain~~CERTAIN BENEFICIAL ~~Beneficial~~OWNERS ~~Owners~~AND ~~and Management and Related Stockholder Matters.~~MANAGEMENT

The following table provides the names and addresses of each person known to us to own more than 5% of our outstanding shares of common stock as of ~~July~~ December 31, 2009 and by the officers and directors, individually and as a group. Except as otherwise indicated, all shares are owned directly.

Title of Class		Name and Address of Beneficial Owner		Amount and Nature of Beneficial Owner				Percent of Class (1)
Common Stock		Diane Pyun 813 Woodburn Road, Chapel Hill, NC 27605			5,000,000	(1)			76.59	%

(1) The percent of class is based on 6,527,500 shares of our common stock issued and outstanding as of September 14, 2009.

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

Title of Class	Name and Address of Beneficial Owner	Amount and Nature of Beneficial Owner	Percent of Class (1)

Common Stock	Michael A. Muscato 2301 Maitland Center Parkway Suite 240 Maitland, Florida 32751	4,400,000	54.14%

Common Stock	Joseph W. Adams 2301 Maitland Center Parkway Suite 240 Maitland, Florida 32751	2,200,000	27.07%

Common Stock	Malcolm Kirshenbaum 516 Delannoy Ave Cocoa, Florida 32922	0	0%

Common Stock	Randy Oveson 4044 W. Lake Mary Blvd Unit#104-120 Lake Mary, Florida 32746	0	0%

Common Stock	All executive officers and directors as a group	6,600,000	81.21%

~~In April~~Stock of 2008, we issued 5,000,000 shares of common stock to Diane Pyun pursuant to a stock purchase agreement and share exchange, the shares were issued pursuant to the exemption from registration set forth in section 4(2) of the Securities Act of 1933. The fair value of the Shares was $500.Option Grants

~~Item~~We ~~14. Principal~~have not ~~Accounting~~granted ~~Fees~~any ~~and~~stock ~~Services~~options to our executive officer since our incorporation.

~~The aggregate fees billed for the most recently completed fiscal year ended July 31, 2009 and~~ITEM 2008 for professional services rendered by the principal accountant for the audit of our annual financial statements and review of the financial statements included in our quarterly reports on Form 10-Q and services that are normally provided13. CERTAIN byRELATIONSHIPS ~~the~~AND ~~accountant~~RELATED inTRANSACTION, ~~connection~~AND ~~with statutory and regulatory filings or engagements for these fiscal periods were as follows:~~DIRECTOR INDEPENDENCE

	Years Ended
	July 31, 2009		July 31, 2008
Audit Fees	$	13,863	$	0
Audit Related Fees		0		0
Tax Fees		0		0
All Other Fees		0		0
Total	$	13,863	$	0

None.

~~Our board of directors pre-approves all services provided by our independent auditors~~ITEM 14. PRINCIPAL ~~All~~ACCOUNTANT ofFEES ~~the above services and fees were reviewed and approved by the board of directors either before or after the respective services were rendered.~~AND SERVICES

Our board of directors has considered the nature and amount of fees billed by our independent auditors and believes that the provision of services for activities unrelated to the audit is compatible with maintaining our independent auditors’ independence.Audit Fees

~~PART~~For IVthe Company’s fiscal years ended December 31, 2009 and 2008, we were billed approximately $25,000 and $0 for professional services rendered for the audit and review of our financial statements.

~~Item~~Audit ~~15. Exhibits, Financial Statement Schedules.~~Related Fees

~~(a) Financial~~There were ~~Statements~~no fees for audit related services for the years ended December 31, 2009 and 2008.

~~(1) Financial~~Tax ~~statements for our company are listed in the index under Item 8 of this document~~Fees

~~(b) Exhibits~~For the Company’s fiscal years ended December 31, 2009 and 2008, we were not billed for professional services rendered for tax compliance, tax advice, and tax planning.

EXHIBIT NUMBER		DESCRIPTION
3.1		Articles of Incorporation*
3.2		By-Laws*
31.1		Section 302 Certification
32.1		Section 906 Certification

All Other Fees

* IncorporatedThe Company ~~herein~~did bynot ~~reference~~incur any other fees related to ~~Form~~services ~~SB-2~~rendered ~~filed~~by onour principal ~~October~~accountant for the fiscal years ended December 31, ~~2007~~2009 and 2008.

Pursuant to the requirements 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.

Effective May 6, 2003, the Securities and Exchange Commission adopted rules that require that before our auditor is engaged by us to render any auditing or permitted non-audit related service, the engagement be:

-approved by our audit committee; or

-entered into pursuant to pre-approval policies and procedures established by the audit committee, provided the policies and procedures are detailed as to the particular service, the audit committee is informed of each service, and such policies and procedures do not include delegation of the audit committee's responsibilities to management.

We do not have an audit committee. Our entire board of directors pre-approves all services provided by our independent auditors.

~~SIGNATURES~~The pre-approval process has just been implemented in response to the new rules. Therefore, our board of directors does not have records of what percentage of the above fees were pre-approved. However, all of the above services and fees were reviewed and approved by the entire board of directors either before or after the respective services were rendered.

Pursuant to the requirements 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.PART IV

~~COLOR ACCENTS HOLDINGS~~ITEM 15. EXHIBITS, ~~INC~~FINANCIAL STATEMENT SCHEDULES.

~~By:~~a) Documents ~~/s/~~filed ~~Diane~~as ~~Pyun~~part ~~DIANE~~of ~~PYUN~~this ~~Chief~~Annual ~~Executive Officer, Chief Financial Officer~~Report

~~September~~1. Consolidated ~~21,~~Financial ~~2009~~Statements

2. Financial Statement Schedules

3. Exhibits

31.1 Rule 13a-14(a)/ 15d-14(a) Certification of Chief Executive Officer

31.2 Rule 13a-14(a)/ 15d-14(a) Certification of Chief Financial Officer

32.1 Section 1350 Certification of Chief Executive Officer

32.2 Section 1350 Certification of Chief Financial Officer

SIGNATURES

In accordance with Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this Annual Report to be signed on its behalf by the undersigned, thereunto duly authorized.

Dated: March 31, 2010

By /s/ Joseph A. Adams

Joseph A. Adams,

Chief Executive Officer

In accordance with the Exchange Act, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

Signature	Title	Date

/s/ Michael A. Muscato	Chairman of the Board of Directors	March 31, 2010
Michael A. Muscator

/s/ Joseph W. Adams	Director	March 31, 2010
Joseph W. Adams

/s/ Malcolm Kirschenbaum	Director	March 31, 2010
Malcolm Kirschenbaum

Filing Compare · Muscato Group, Inc.